All three major US indexes were up almost 2 per cent on Thursday. Photograph: Lucas Jackson/Reuters

Stock markets around the world rallied on Thursday and crude oil rebounded after strong US economic data and hints from a Federal Reserve policymake(...)

Germany’s DAX Index: rose 1.6 per cent on Wednesday while Italy’s benchmark FTSE MIB Index closed up 1.9 per cent, the most among major western-European markets. Photograph: Reuters/Stringer

European stocks climbed for the sixth time in seven days, led by a gain in commodity producers and a sharp rise in Société Générale shares after it(...)

Standard Chartered:  bank’s first-half figures show that its profits plunged after growth in its key Asian markets slowed. Photograph: Jerome Favre/EPA

Standard Chartered halved its dividend and said it would raise capital from investors if needed, as new chief executive Bill Winters outlined plans to(...)

The acquisition of one of the main independent investment advisers to credit unions should give Merrion a competitive foothold in the sector. Photograph: Thinkstock

Merrion Capital has acquired Le Chéile Financial Services, an investment adviser to the credit union sector, and has signalled that it plans a major (...)

The euro fell on Monday, hurt by uncertainty over whether a near-bankrupt Greece can secure more funding. Photo: Reuters

The euro fell on Monday, hurt by uncertainty over whether a near-bankrupt Greece can secure more funding as its European partners demanded tough refor(...)

Barclays may not pick its next chief executive until early next year, potentially leaving new Chairman John McFarlane in charge for at least eight mon(...)

The levy was initially introduced in 2011 not only to raise money but also to discourage banks from risky borrowing

Britain’s banks have called on the government to phase out the bank levy, saying it is damaging the competitiveness of the industry and causing them t(...)

Preliminary bids for the South Korean Tongyang Cement & Energy group are expected today and reports have suggested that CRH will  be among the suitors

European shares climbed yesterday, with car makers rising on encouraging company updates and Greek shares rebounding amid renewed hopes for a soluti(...)

Michael O’Leary of Ryanair: airline advanced 1.7 per cent to €11.75. Photograph: Dave Meehan

European and US shares rebounded after several negative days of trading, amid optimism that Greece will reach a deal with its creditors. In Europe, s(...)

De Beers, the world’s biggest diamond producer, to cut output from 34 to 30 million carats this year as demand drops. Photograph: Reuters.

De Beers, the world’s biggest diamond producer, cut its output target for the year as demand for the gems weakens and prices fell for a second quarter(...)