Half of the new job cuts will come in Germany Photograph: Reuters

German industrial group Siemens posted a slightly larger-than-expected 5 per cent drop in quarterly industrial profit as a weak result at its digital(...)

Number 51 Powerscourt, on Mount Street Crescent, was intended as an art gallery with a penthouse overhead. The partially completed site was purchased(...)

Domino’s Pizza: results out Thursday. Photograph: REUTERS/Luke MacGregor
For your diary

TODAY Results: Hasbro; M&T Bank; Morgan Stanley; Sanmina. Indicators: Euro zone construction output (Feb); US Chicago Fed national activity index (...)

Jacobus Cornelis Haartsen: inventor of Bluetooth, the wireless networking system used by millions of people and billions of devices every day

The names of so many of the giants of the tech world trip off the tongue: Steve Jobs, Bill Gates, Mark Zuckerberg . . . But who exactly is Jaap Haarts(...)

Glass halogen light tubes are heated before cutting at the Royal Philips   automotive lighting factory in Aachen, Germany. Photographer: Jasper Juinen/Bloomberg

Dutch electronics giant Philips agreed to sell a majority stake in its lighting components unit to a group of investors, accelerating the Dutch firm’s(...)

In Dublin Ryanair rose by more than 1.3 per cent as investors greeted the news that its board has ratified a push into the transatlantic market in coming years

Germany’s Dax raced to record highs on Monday, part of an extended rally of the European stock market driven by investors’ expectations that a weaken(...)

Malin has said it will invest in companies for which an initial public offering (IPO) or trade sale is premature

Leading British fund manager Neil Woodford and the Irish state’s new strategic investment fund are among the investors who have committed to purchasin(...)

Sixt’s Corporate CarSharing setup aims to save as much as 30 per cent on traditional leasing costs.

Time sharing is making a comeback but instead of apartments on the Costa or a villa in Alsace, this time it’s all about sharing company cars. Sixt, th(...)

A Siemens logo is pictured at an office building of Siemens  in Munich. Siemens plans to cut about 7,800 jobs, about 2 percent of its global workforce. Photo: Reuters

Siemens plans to cut about 7,800 jobs, about 2 percent of its global workforce, as chief executive officer Joe Kaeser needs to slash costs at Europe’s(...)

Joe Kaeser, chief executive of German industrial group Siemens, addresses a news conference ahead of the annual shareholder meeting in Munich on Tuesday. Siemens missed first-quarter profit forecasts and announced management overhauls at its power and gas and healthcare divisions. (Photograph: Michael Dalder/Reuters)

US equity-index futures fell with European stocks as results by companies from Caterpillar to Microsoft and Siemens disappointed investors. Greek bon(...)