Electricity storage has until recently been prohibitively expensive, but its emergence at an economically viable cost will enable increased use of wind and solar power

The cost of batteries is falling to the point that they are becoming an increasingly viable option for uses such as supporting the stability of power (...)

Joe Kaeser, chief executive officer of Siemens: “The biggest economic damage from these attacks is on confidence and confidence is a crucial element in this phase.”  Photograph: Krisztian Bocsi/Bloomberg

Heightened political risk in Europe is damping companies’ investment plans and fuelling concerns about a global growth slowdown, the head of Europe’s(...)

The digital technologies that are changing the economics and practices of traditional business – cloud computing, mobile devices, advanced data analysis and artificial intelligence – are better, cheaper and more widely available. Photograph: Stephanie Keith/Bloomberg

It is the time of year when the big technology research shops gaze into the near future to identify trends that will have the most impact on the tech (...)

General Electric’s offices in  France: chief financial officer Jeff Bornstein said there was little difference between GE’s strategy and  proposals set out by Trian.  Photograph: Sebastien Bozon/AFP/Getty Images

General Electric is open to the idea of borrowing money to buy back more of its shares, its chief financial officer has said, suggesting it could purs(...)

Pedestrians walk past a Bank of America branch in Chicago

Bank of America reported a profit for the third quarter as chief executive Brian Moynihan’s cost-cutting efforts helped the bank offset the impact of (...)

Budget Day: Minister for Public Expenditure and Reform  Brendan Howlin and Minister for Finance Michael Noonan will announce the budget on Tuesday. Photograph: Alan Betson/The Irish Times
For your diary

TODAY Meetings: Life online exhibition (Convention Centre, Dublin 1). TOMORROW (BUDGET DAY) Results: Bellway; Intel; Johnson & Johnson; Kuehne + N(...)

The Pawcet, a drinking fountain for dogs. Quirky, the ambitious start-up that marketed the Pawcet and similar inventions, filed for bankruptcy. Photograph: via The New York Times

Quirky, an ambitious crowdsourced invention startup, which raised $185 million from investors that included General Electric and leading venture capit(...)

 2015 shows coal stockpiled at the coal port of Newcastle in Australia’s New South Wales state.

Rich nations are stubbornly divided ahead of talks in Paris on Thursday to seek a deal to phase out coal subsidies in a foretaste of the difficulty of(...)

GE gets EU approval to buy Alstom power unit

General Electric has overcome the last big hurdle to the largest acquisition in its history, a $13.5 billion deal for the power business of Alstom of (...)

Traders outside the New York Stock Exchange. Global markets plunged again on Monday. Photograph: Lucas Jackson/Reuters

A tumultuous fall in Chinese equities dubbed “Black Monday” by Xinhua, the official state news agency, triggered a ferocious sell-off in international(...)