Angelo Moskov, CEO Worldview Capital, speaking watched by Alasdair Robinson, company secretary, Robert Adair, chairman, Brian O’Cathain, chief executive officer at the Petroceltic EGM, in Kildare Street, Dublin. Photograph: Dara Mac Dónaill/The Irish Times

Security was tight in the Royal College of Physicians for Petroceltic’s extraordinary general meeting, called by its biggest shareholder Worldview Cap(...)

Apple Watch: Event to be held on March 9th with sales due to begin in April

Apple has sent out invitations to an event on March 9th in San Francisco, where it will unveil details for the release of the Apple Watch. Chief execu(...)

China saw a rise of 70 percentage points in the ratio of corporate and household debt to GDP between 2007 and last year. Photograph: Johannes Eisele/AFP/Getty

Balance sheets matter. This is the biggest lesson of the financial crises that have rolled across the world economy. Changes in balance sheets shape t(...)

The State owns 99.8 per cent of PTSB. Photograph: Alan Betson/The Irish Times

Permanent TSB has drawn up a shortlist of three bidders for the two portfolios of Irish loans it is seeking to sell. The Irish Times has learned that (...)

Some investors are betting a floor has formed under the market’s seven-month-long rout

Oil giant BP has said it is to cut capital expenditure by 13 per cent to $20 billion in 2015. Last week, Chevron announced a 13 per cent cut in capita(...)

Richard Liu, chairman and chief executive of JD.com, playfully kisses the hand of employee Li Quan, as he borrows his delivery tricycle for some publicity. JD.com has emerged as a Chinese online goliath with a model that echoes that of Amazon. Photograph: Sim Chi Yin/New York Times

Just about every June, on the anniversary of his company’s founding, Richard Liu dons a big motorcycle helmet and red uniform, hops on a three-wheeled(...)

President of Goldman Sachs,  Gary  Cohn,  at Davos: “What I am concerned about is the ability of the US to raise rates with what’s going on with the rest of the world.”  Photograph: Bloomberg

Wall Street executives said the US Federal Reserve’s ability to raise interest rates will be restrained by weak economic growth abroad and slow inflat(...)

Morgan Stanley had a “very challenging” quarter in commodities because of the decline in oil prices. Photograph: Reuters/Mike Segar

Wall Street investment bank Morgan Stanley says it will pay a smaller portion of revenue in bonuses to its bankers and traders this year, even in a be(...)

Aer Lingus finished down 1.9 per cent at €2.37 during a reasonably active session for the stock

Optimism among investors that the European Central Bank will begin quantitative easing later this week pushed stock prices up to a new seven-year hig(...)

Terry Leahy: stepped down as chief executive of Tesco three years ago after a glorious 14-year reign

Terry Leahy stepped down as chief executive of Tesco three years ago, after a glorious 14-year reign in which profits soared from £750 million to £3.2(...)