FBD closed 7.6 per cent up at €6.90 after falling by a similar margin in the previous session

European stocks slipped yesterday to record their worst week in more than a month, in the wake of China’s currency devaluation. The euro zone’s blue-c(...)

The JC Penney results are a boon for new chief executive Marvin Ellison as he works to continue the turnaround started by predecessor Mike Ullman

JC Penney surged after posting a second-quarter loss that was smaller than analysts estimated and saying the back-to-school shopping season was off to(...)

New York’s attorney general has questioned 13 national retailers, including Gap, Target and JC Penney, about “on-call shifts”, a staffing practice th(...)

Fyffes, the banana distributor, slipped more than 1.5 per cent to close the day at €1.17 per share. Photograph: Simon Dawson/Bloomberg

The Dublin stock exchange reached its highest level since 2008, climbing 1.1 per cent.Shares rose across most of Europe, building on their best start(...)

A Primark store in central London. Along with its Boston plans, the cut-price retailer is said to be in negotiations on another eight stores in the US northeast. Photograph: Andy Rain/EPA

Filene’s Basement was a pioneering retail institution in Boston. Located in the famous, now closed Filene’s store at Downtown Crossing in the c(...)

Relatives show pictures of garment workers believed to be trapped under the rubble of the collapsed Rana Plaza building last year. Clothes brands have been criticised for not doing enough to help families of victims. Photograph: Reuters

A call has been made for well known clothes brands to make “immediate and significant” payments to a fund set up to raise money for the victims(...)

Ryanair one of Iseq’s best performers climbing 1.07% to close at €6.80. Photograph: Ian Waldie/Getty Images

Shares in Ireland and across Europe were little changed yesterday following their drubbing earlier in the week, as banks rallied but telecommunication(...)

Penney shares were up 7 per cent to $9.32 in afternoon trading.

JC Penney Co said November sales were encouraging and popular house brands were lifting gross profit margin, suggesting the struggling department stor(...)

“The factors that attracted motor vehicle producers to Detroit a century ago – excellent access to resources and transport links, followed by local skills and specialist suppliers – are no longer competitive advantages in car-making nor, indeed, in other industries.” Photograph: Spencer Platt/Getty Images

The Financial Times has carried an unusual number of obituaries and stories of terminal illness this summer. There was the bankruptcy of Detroit and t(...)

 William Ackman: founder and chief executive  of Pershing Square Capital Management LP.   Photograph: Scott Eells/Bloomberg

Hedge fund billionaire William Ackman has quit the board of troubled department store group JC Penney, ending three years of acrimony.The company anno(...)