Traders on the floor of the New York Stock Exchange. Wall Street was sharply lower in afternoon trading on Tuesday, with all 10 major S&P sectors in the red, after weak economic data out of China and Europe rekindled fears of a slowing global economy.

Stock markets worldwide fell on Tuesday after weak Chinese factory data and a surprise rate cut by Australia’s central bank unnerved investors, sendin(...)

HSBC reported on Tuesday a pretax profit of $6.1 billion for the first three months of this year, down from $7.1 billion a year ago, but above the average forecast of $4.3 billion from analysts polled by the company. (Photograph: Bobby Yip/Reuters)

HSBC reported a smaller-than-expected 14 per cent drop in quarterly profit, as a surge in revenue at its commercial banking unit partly offset the we(...)

BP’s chief executive Bob Dudley:  BP shareholders voted on April 14 to oppose his  $20 million pay package for 2015, the rare revolt reflecting outrage after the British oil and gas company recorded its biggest annual loss. Photograph: REUTERS/Suzanne Plunkett/Files

Chief executives’ outsized pay packages are again coming under scrutiny, following a host of controversial pay awards in recent weeks. A fortnight ago(...)

Ellis O’Reilly has sealed her place at the Olympics. Photograph: Inpho

Irish gymnast Ellis O’Reilly made history in capturing a place at the 2016 Rio Olympics on Sunday night - becoming the first Irish female gymnast to e(...)

 Mossack Fonseca’s offices in Panama: The Australian Tax Office is investigating the affairs of 800 taxpayers from an earlier, smaller leak of papers from the   firm, and has reportedly found a significant minority of the names were of interest. Photograph: Alejandro Bolivar/EPA

The not-so-catchily named Joint International Tax Shelter Information and Collaboration (Jitsic) network, which is organised by way of the OECD, got a(...)

Marks & Spencer: the retailer rose today, extending a rally from yesterday when its results beat forecasts

Global equity markets bounced, paced by a jump in oil prices today, but were still on track for a weekly decline. The Iseq rose as stocks on Wall St(...)

 Front National  party leader Marine Le Pen: friends and family “not  averse” to tapping   “offshore jurisdictions”.  Photograph:   Chantal Briand/AFP/Getty Images

When millions of leaked documents revealed the wide use of tax havens by hundreds of politicians, business and sportspeople, France’s far-right Natio(...)

 Frank Flannery: “absolutely confident” he never signed a letter from Joe Holden of Bank of Ireland in relation to a  Jersey account.   Photograph: Eric Luke/The Irish Times

Spare a thought for Frank Flannery. He wakes up one morning and everything he took for granted has changed. The mortgage he took out in 1996 to buy a(...)

A man carries bread as he walks past damaged buildings in Aleppo’s al-Ansari al-Sharqi neighborhood December 2, 2013. Photograph: Mahmoud Hebbo/Reuters.

One morning in mid-2014, before the summer sun had reached its peak, two elderly men in Aleppo, Syria, sat on plastic chairs, chatting quietly and dr(...)

Anglo Irish Bank’s branch in Austria was among the small number of banks that were repeatedly recommended by Panama-based law firm Mossack Fonseca (M(...)