Ryanair chief executive  Michael O’Leary. Shares in the airline jumped 3.6 per cent to €11.21 yesterday on foot of a 2 per cent reversal in oil prices, which wiped out gains from the previous two sessions. Photographer: Matthew Lloyd/Bloomberg

World financial markets were unsettled again yesterday amid a week-long sell-off in benchmark government bonds and volatile oil prices. Britain(...)

 Britain’s FTSE 100 index fell 0.8 per cent on the day of an election that could yield a weak government, propel it towards a vote on EU membership and foster Scottish secession .(Photograph: PA Wire)

After three-and-a-half years of near constant decline, Irish bond yields are on the rise again amid an unprecedented global sell-off in government deb(...)

European stocks headed toward their highest level since 2000 after the Federal Reserve said data indicated economic growth has moderated. Photo: Bloomberg

European stocks headed toward their highest level since 2000 after the Federal Reserve said data indicated economic growth has moderated, fueling spec(...)

European Central Bank president Mario Draghi says policymakers are ready to implement further stimulus measures if needed. Photograph: Ints Kalnins/Reuters

Most stocks in Europe advanced as European Central Bank president Mario Draghi said policy makers are ready to implement further stimulus measures if(...)

Swiss company Holcim receives more than 60 bids for assets it must sell to win approval for a merger with Lafarge. Photographer: Balint Porneczi/Bloomberg

Switzerland’s Holcim has received more than 60 bids for assets it must sell to win regulatory approval for a merger with Lafarge, the cement company s(...)

Holcim and Lafarge are selling assets as part of their merger. Photograph: Brenda Fitzsimons

Indian billionaire Kumar Mangalam Birla, owner of India’s biggest cement maker, is among bidders weighing offers for all the assets being sold by Holc(...)

The cement industry in China is getting dangerously close to a glut.  Photograph: Bloomberg

These are hard times for China’s cement industry. Last week, the government issued a decree ordering officials to halt the development of new cement a(...)

Out tomorrow: Euro zone retail sales (Mar). Photograph: Simon Dawson/Bloomberg

TODAYResults: Audi; Kennedy-Wilson; Manchester United; Pfizer. Indicators: Euro zone Sentix investor confidence (May) and producer prices (March); US (...)

The boards of Lafarge and Holcim  are due to announce the companies’ merger today. Photograph: Fabrice Dimier/Bloomberg

  The world’s two largest cement makers, France’s Lafarge and Holcim of Switzerland, have agreed the terms of a merger that would create a(...)

Stronger-than-expected US economic growth, coupled with a surprise interest rate cut by the European Central Bank, pushed the dollar up and drove down(...)