Medallion finance’s chief executive Andrew Murstein blamed a “misunderstanding” that the rise of Uber would squeeze licensed drivers. Photograph: Kerem Uzel/Bloomberg

Uber, the ride-hailing service, may be on the cusp of new big disruption: driving a Nasdaq-listed New York taxi finance company out of the public mark(...)

Philip Jansen is one of about 230 managers who will share in a pot of £350 million if the company reaches its £3.5 billion market capitalisation target.

The chief executive of Worldpay, the private-equity owned UK payments processor, is due to receive a £50 million payout after the company’s stock mark(...)

Applegreen: service station group’s shares fall another 2 per cent to €4.70

European shares closed generally higher on Tuesday, helped by a positive start at Wall Street. However, shares at German energy firms RWE and E.ON d(...)

Brazilian President Dilma Rousseff: Brazil’s loss of investment grade status heaped further pressure on emerging markets

Petrobras and several other leading Brazilian companies had their credit ratings downgraded to junk by Standard & Poor’s in the wake of the rati(...)

Eden Plaza is to include a ‘pocket park’ at the centre of the site, where it can be overlooked by all the buildings.

Sandyford looks set to re- emerge as one of the prime locations for offices in the Dublin suburbs. The Irish-owned investment company Ardstone Capital(...)

Profiting from the market panics Market panics are unnerving, but they’re also times of great opportunity. On Monday last week, Apple – which had trad(...)

A man  walks past a board showing currency exchange rates in Almaty, Kazakhstan on  August 20th Photograph: Reuters

Kazakhstan relinquished control of its exchange rate in the latest sign emerging nations will stop defending their currencies after China roiled globa(...)

FBD closed 7.6 per cent up at €6.90 after falling by a similar margin in the previous session

European stocks slipped yesterday to record their worst week in more than a month, in the wake of China’s currency devaluation. The euro zone’s blue-c(...)

Business jets  at the Latin American Business Aviation Conference and Exhibition (Labace) in Sao Paulo, Brazil
Planet Business

In numbers: Sliced bread is toast 5 Percentage drop in UK bread sales last year, with another 4 per cent decline expected this year, according to rese(...)

JP Morgan Chase: one of the top five US banks that are moving ahead of their European rivals in global investment banking. Photograph: Stan Honda/AFP/Getty Images

US banks are moving ahead of their European rivals in global investment banking, taking advantage of strategic upheavals and concerns over capital to (...)