Espirito Santo plunged 11 per cent to 39.6 cents, its lowest price since June 2012. Photograph: Mario Proenca/Bloomberg

Markets went into retreat yesterday on renewed fears about Portugal’s Banco Espirito Santo and comments from Federal Reserve chairwoman Janet Yellen (...)

Reynolds American is to buy rival Lorillard for $25 billion, merging two of the world’s biggest cigarette makers in a deal that includes the sale of (...)

Stocktake

One person expecting a bear market is Marc “Dr Doom” Faber, who last week warned that the S&P 500 was facing a 30 per cent drop. Faber famo(...)

The headquarters of Reynolds American is seen next to the old RJ Reynolds Tobacco smoke stacks in downtown Winston-Salem, North Carolina. Photograph: Chris Keane/Reuters

Reynolds American and Lorillard are in the final stages of agreeing a complex merger that will reshape Big Tobacco by bringing together two of the thr(...)

Imperial Tobacco, which owns John Player in Ireland, yesterday criticised the Department of Health’s failure to release the regulatory impact assessment for the proposed legislation. Photograph: Martin Rickett/PA Wire

Anyone who breaks new laws imposing plain packaging on all tobacco products could face up to eight years in jail, according to the text of Minister f(...)

AstraZeneca shares tumbled more than 11 per cent, helping to pull both the FTSE 100 in London and the pan-European FTSE Eurofirst 300 equity indices down 0.2 per cent.

Fresh uncertainty over the prospects for the Chinese economy and renewed worries about current equity valuations made for a cautious day in the market(...)

Bank of Ireland shares added 5.18%
European shares snap winning run

European stocks retreated, halting their longest winning streak of the year, as companies from Rolls-Royce Holdings to BNP Par(...)

Aer Lingus and Ryanair had contrasting days. While Aer Lingus rose by 0.6 per cent to €1.409, Ryanair closed down 2.3 per cent at €6.60 on profit taking. Photograph: Alan Betson

European stocks posted a gain in the first full week of 2014, as data showed US and German unemployment fell and that Ireland returned to the bond mar(...)

 Angela Ahrendts, chief executive officer of Burberry Group, and one of only four women chief executives on the FTSE, is on her way to Apple.   Photograph: Peter Foley/Bloomberg

The number of women running Britain’s blue chip companies has surged 33 per cent. But before we hang out the bunting and declare the glass ceiling sha(...)

Bank of Ireland was a beneficiary of upward momentum in the financial sector, with its share price finishing up 1.1 per cent at 27 cent

European stocks rose, extending a third consecutive monthly advance, as Rio Tinto Group and Boliden led mining companies higher, and banking stocks al(...)