The Irish sovereign wealth fund will continue to place money with asset managers as long as they offer Irish-focused funds and investment opportunities

Ireland’s sovereign wealth fund will pull several billion euro from global asset managers over the next five years as the Government tries to use the (...)

Philip Lane: has shepherded some of the finest minds in Irish and European economics through their doctoral research theses. Photograph: Eric Luke

Eminent Trinity economist Philip Lane’s impending elevation to the governor’s chair at the Central Bank was warmly welcomed by the corduroy-jacket-wea(...)

The arrangements using charities are part of tax-efficient structured finance deals aimed at attracting the institutions to set up “special purpose vehicles”in Ireland to house the high-risk assets. A team of economists from the Central Bank last month published a report on the use of these types of structures

Matheson, Ireland’s biggest corporate tax firm, uses three charities registered to “relieve poverty and distress” to help hedge funds and banks pay le(...)

A screen shows the final tally for the Dow Jones Industrial Average on the floor of the New York Stock Exchange, yesterday.  Photograph: Brendan McDermid/Reuters

World stock markets tumbled towards their worst week of the year yesterday and commodities got another kicking, as more alarming data from China sent(...)

Thorntons has become something of a joke in the City for its repeated profit warnings, its failure to sell eggs at Easter or boxed chocolates at Christmas and its constant complaints about the weather being too hot or too cold – or sometimes both. Photograph: EPA

The takeover of a famous British name by an overseas bidder is usually greeted with a chorus of complaints about the erosion of the nation’s industria(...)

“Bayer has been looking to sell this business for several years and management was frustrated by its negative effect on growth and margins,” Alistair Campbell, an analyst at Berenberg said .

Bayer is to sell its diabetes devices unit to Panasonic Healthcare , a joint venture backed by buyout firm KKR, for about €1 billion to leave a busine(...)

Former Ulster Bank executives Michael Torpey (left) and Robert Gallagher speaking at the Oireachtas banking inquiry on Thursday

The former head of corporate markets at Ulster Bank told the Oireachtas Banking Inquiry today that he has “no doubt” that the domestic Irish financial(...)

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(...)