Called to appear at the banking inquiry: Richie Boucher, Michael Buckley, Richard Burrows, Laurence Crowley, Frank Daly, Donal Forde, Robert Gallagher, Dermot Gleeson, Brian Goggin, Cormac McCarthy, Brendan McDonagh, Eugene Sheehy, Michael Torpey

Bank of Ireland chief executive Richie Boucher is one of 13 witnesses who have been summoned to appear before the Oireachtas Banking Inquiry from next(...)

The Bayer AG logo stands on a sign outside of the company’s headquarters ahead of a news conference to announce the drugmaker’s earnings in Leverkusen, Germany, on Friday, Feb. 28, 2014. Bayer raised its forecast for peak sales of new drugs such as the blood thinner Xarelto even as fourth-quarter results and the revenue outlook for this year missed analyst estimates. Photographer: Jasper Juinen/Bloomberg

German drugmaker Bayer is in talks to sell its diabetes devices division but a sale is not imminent, two sources with knowledge of the matter told R(...)

Chief executive Albert Manifold said CRH had been waiting a decade for such a deal to come along.  Photograph: Eric Luke/The Irish Times

CRH’s acquisition of assets from the merger of European rivals Lafarge and Holcim had been well flagged but the size and scale of the €6.5 billon tran(...)

Almost cemented: new deal will allow CRH to significantly expand its business globally. Photograph: Garry O’Neill

Building materials group CRH has entered into a binding commitment to acquire certain assets from European rivals Lafarge and Holcim, who are offload(...)

The Central Bank Commission reportedly prefers the option of a 15 per cent mortgage deposit, rising by one per cent each year over the next five years. Photograph: Matt Kavanagh

The Central Bank is considering a five-year run-in for its new 20 per cent mortgage deposit rule, according to the Sunday Independent. The Central (...)

German Chancellor Angela Merkel (C) arrives to lead the “International Germany Forum” at the Chancellery in Berlin on Tuesday. A report from the ZEW Center for European Economic Research showed investor confidence in Germany jumped to the highest level in 11 months in January, beating forecasts. (Photograph: AFP PHOTO / ODD ANDERSENODD ANDERSEN/AFP/Getty Images)

European stocks advanced for a fourth day, extending their highest level in seven years, amid speculation that the European Central Bank will announce(...)

Dermot Desmond: decision to invest in housing will be closely watched

Billionaire financier Dermot Desmond has set up a new business with up to €200 million to spend on building residential houses in Ireland. The busines(...)

Eircom ran into a wall with institutional investors as its highly paid advisers Goldman Sachs, Rothschild and JP Morgan quietly sounded them out regarding an IPO. Photograph: Eric Luke

Common sense appears to have prevailed at Eircom, with the scrapping yesterday of its flotation plans. When it first announced back in April th(...)

Treasury Wine Estates Ltd, one of the world’s biggest winemakers, received matching bids of  $3.1 billion. Photograph: Alan Betson

Two global private equity giants are set to face off in a battle for Australia’s Treasury Wine Estates Ltd after TPG Capital Management matched a $3.1(...)

Private equity is reportedly bidding up the price of housing development land in Dublin. Photograph: Frank Miller

Big international private equity companies, such as Anchorage, Oaktree Capital and Centerbridge, are betting on a continuation of house-price rises(...)