Federal Reserve chair Janet Yellen: her remarks that global weakness would not be significant enough to stop a rates rise this year removed some of the  markets   uncertainty. Photograph: Brendan Smialowsk/AFP/Getty Images

Markets surged higher on Friday after US Federal Reserve chair Janet Yellen said she expected the Fed to start raising rates by the end of the year.(...)

Citigroup is sounding the alarm bells for the world economy.

Citigroup is sounding the alarm bells for the world economy. In an analysis the New York- based bank’s chief economist, Willem Buiter, said there is a(...)

Owen Killian, chief executive of Aryzta: the Swiss-Irish food group closed the day up 3.7 per cent to €44.89. Photograph:  Cyril Byrne

European stocks rose yesterday as oil prices steadied, supporting energy shares, after first tumbling when Iran and six world powers reached an agre(...)

Profit follows move by Wall Street firms to embrace cost-cutting measures after trading revenue declined in four of the past five years. Photograph: Reuters.

JP Morgan Chase, the biggest US bank by assets, said second-quarter profit climbed 5.2 per cent as expenses fell. Net income advanced to $6.29 billio(...)

Aer Lingus: shares in the national airline closed up 2 per cent to €2.47 while Ryanair also ended the week up 2 per cent to €12.44

Global markets signalled growing faith in Greece’s ability to clinch a bailout as US and European stocks climbed and the euro jumped the most against(...)

Morgan Stanley is leading the group of banks said to be ready to supply Uber with $2bn in credit.

Uber is negotiating a $2 billion credit line from a group of Wall Street banks, according to a source. Uber, the car-booking company that has disrup(...)

CRH attributed an enterprise value of about £414 million to UK brick maker Ibstock. Photograph: Brenda Fitzsimons

A UK brick company sold by CRH six months ago in a £414 million (€578 million) deal is being prepared for a flotation with a highly ambitious valua(...)

Intel’s acquisition is the third multibillion-dollar semiconductor deal since March, and comes days after Singapore-based Avago acquired US rival Broadcom for $37 billion in the largest acquisition seen in the technology sector since the late-1990s dotcom bubble, Photograph: Pichi Chuang/Reuters

Intel concluded the largest deal in its history on Monday as it agreed to acquire Altera, a maker of programmable processors, for $16.7 billion, in th(...)

Traditional big lenders in the US say they are pulling back due to tighter regulatory regime. Photograph: Thinkstock

Non-bank lenders have overtaken US banks to grab a record slice of government-backed mortgages, after regulatory curbs on risk-taking and billions of(...)

Prime minister David Cameron has promised to renegotiate Britain’s relationship with the EU and then hold the referendum by the end of 2017 on whether to stay in the region or leave. Photograph: Jason Alden/Bloomberg

A number of banks have put off possible investments in Britain until after a referendum on its future in the European Union, a lobby group said on Tue(...)