Bank of Ireland gained 1.35 per cent to close the day at 37.5 cents. Its chief executive, Richie Boucher, said the bank would in future look to grow in the UK through bolt-on acquisitions, though he indicated there were no immediate plans. Photograph: Aidan Crawley

European stocks rose yesterday, trimming their worst weekly loss of the year, as the Stoxx Europe 600 Index added 0.3 per cent. The market in Dubli(...)

Burnt out: Ageing oil fields in the North Sea look very vulnerable and could face early closures and accelerated moves to decommission them

Shouting to be heard over an Arctic blast, Alistair Hope points out a dozen oil platforms, some nearby, their gas flares illuminating a heavy North S(...)

Exxon Mobil:  will reduce its share buyback programme in the first quarter by more than half to $1bn. Photograph: Jason Reed/Reuters

Exxon Mobil’s quarterly profit fell 21 per cent as weak oil prices took a toll, but results topped Wall Street expectations due to tax benefits and a (...)

The Swiss National Bank scrapped its euro cap on the franc and drove Swiss stocks down nearly 9 per cent, their biggest one-day percentage fall for at least 25 years. One trader described the central bank’s move as “carnage”. Photograph: Martin Leissl/Bloomberg

Switzerland’s move to jettison a three-year-old cap on the franc threw global markets into turmoil yesterday, sending the currency and most European(...)

The European Central Bank headquarters in Frankfurt. Futures rose amid investor optimism that a weaker-than-forecast inflation report bolstered the case for the ECB to begin quantitative easing. Photograph: Ralph Orlowski/Reuters

European stocks ended higher despite paring gains in late trading, and futures rose amid investor optimism that a weaker-than-forecast inflation re(...)

Traders said CRH was the most heavily traded stock on the Iseq

The Iseq nudged up by close to 1 per cent as, despite worries over Russia’s economy, a rally in energy shares sent US and European equities higher af(...)

Aer Lingus: the national airline closed up 1.6 per cent at €1.85 while rival Ryanair continued its strong recent run, closing up 0.5 per cent at €9.457

A drop in the value of oil and gas companies sent European stocks down for a third day after OPEC said it sees demand for crude in 2015 at the weakes(...)

BP said in October that about $1 billion to $2 billion may be cut from the $24 billion to $26 billion of planned capital expenditure in 2015

BP has forecast about $1 billion of restructuring charges through next year as it overhauls its operations amid the crash in oil prices. “The simplifi(...)

In London Marks & Spencer lost 3 per cent amid signs that the retailer’s recently overhauled online service has been struggling to cope with Christmas demand

The latest signs of weakness from the Chinese economy spooked investors during a dismal start to the week for European markets.Mining stocks came und(...)

Former Deutsche Bank  chief executive Josef Ackermann has been nominated as chairman of Bank of Cyprus.

Ackermann used his clout as head of Deutsche Bank to help save the euro by negotiating the biggest debt restructuring in history. Now, he’s been tappe(...)