A pedestrian on Wall Street. For  bankers, scuttled deals cost money.  Photograph: Bloomberg

If 2015 was a dream year for Wall Street’s top dealmakers, 2016 is starting to take a nightmarish turn. Some of the mega transactions that had champa(...)

Carsten Kengeter, CEO of Deutsche Börse, would head up the company formed from the merger with LSE.

The London Stock Exchange Group and Deutsche Börse are discussing a deal that would see the creation of a holding company for the combined group based(...)

 Paddy Power Betfair lost 2 per cent, finishing at €130.25. Photograph: Dara MacDonaill
Weakened yuan prompts markets slide

Equities in Europe and emerging markets slid as China’s central bank unexpectedly weakened the yuan, rekindling investors’ concerns about the state of(...)

Volkswagen’s stock will be removed from the Dow Jones Sustainability indices after the automaker cheated on emissions tests. Photograph: Christophe Morin/Bloomberg

Volkswagen’s stock will be removed from the Dow Jones Sustainability indices after the automaker cheated on emissions tests. The carmaker’s admission(...)

Germany’s DAX Index: rose 1.6 per cent on Wednesday while Italy’s benchmark FTSE MIB Index closed up 1.9 per cent, the most among major western-European markets. Photograph: Reuters/Stringer

European stocks climbed for the sixth time in seven days, led by a gain in commodity producers and a sharp rise in Société Générale shares after it(...)

Revenue rose 9 per cent to €1.13 billion at the Dublin-based drug distributor

Healthcare services provider UDG has upgraded its full-year earningsforecaston the back of strong organic growth as it announced a 26 per cent rise in(...)

Shia Muslim rebels hold up their weapons during a rally against air strikes in Sanaa, Yemen, on Thursday. Oil prices jumped around the world after Saudi Arabia and its allies carried out the strikes. Photograph: Khaled Abdullah/Reuters

Stock markets around the world were knocked lower and oil prices jumped after Saudi Arabia and its allies carried out air strikes in Yemen. The attac(...)

Mario Draghi, president of the European Central Bank (ECB), pauses during a news conference to announce the bank’s interest rate decision in Frankfurt, Germany last month. Markets don’t expect Mr Draghi to decrease rates on Thursday. ( Photograph: Martin Leissl/Bloomberg)

The European Central Bank slashed its forecasts for growth and inflation over the next two years, saying the outlook had deteriorated since its last s(...)

The London Stock Exchange Group said today it would raise £938 million to part fund the acquisition of US indexes group Frank Russell. LSE will offer(...)

Healthcare services group UDG Healthcare said revenues and operating profits for the three months to the end of June were ahead of the same period las(...)