Halliburton has expressed confidence that the deal will clear regulatory hurdles, but Baker Hughes shares were trading well below the offer yesterday, suggesting that investors were not so sure. Photograph: Ronald Martinez/Getty Images

Halliburton is to buy Baker Hughes for about $35 billion in cash and stock, creating an oilfield services behemoth to take on market leader Schlumberg(...)

In Dublin, Aer Lingus shares rose 3.4 per cent, marking  a reversal of recent sentiment towards airline stocks in the wake of the Ebola scare. Photograph: Alan Betson

European stocks rose yesterday, ending the longest rout in 11 years, while Italian and Greek bonds gained on prospects for more stimulus. Ten-year It(...)

Petroceltic International’s share placing had been held up by a dispute between the board and Worldview Capital Management. Photograph: Getty Images/iStockphoto

Oil and gas exploration firm Petroceltic has announced a number of changes to its board following the ending of a dispute with its largest shareholder(...)

What is the point of merger control? In 11 years, and over 600 deals, Irish regulators have intervened to block four. Some are now asking if this is t(...)

The Irish Competition Authority merger notifications review found a “notable increase” in merger and acquisition (M&A) activity last year, as well as a significant uplift in transactions undertaken by private equity players.

The Irish Competition Authority has blocked just three merger transactions over the last decade, according to research by law firm A&L Goodbody.Mo(...)

Suretank supplies specialised storage equipment to rigs and the general offshore oil and gas industry

Norwegian investment fund Hitecvision is buying a majority stake in an Irish group that supplies equipment to the offshore oil and gas industry in a d(...)

Concerns about the bailout of Cyprus and plans to impose a levy on bank deposits on the island resulted in Europe an stocks retreating yesterday. B(...)