Last summer, Green REIT paid €23 million for the Sun Alliance building on Dawson Street in Dublin city centre. It is planning to replace it with a new modern building twice its size

The recovery in the commercial property sector is undoubtedly in full flight – at least in Dublin – with values on the way up and transaction levels r(...)

Owen Killian, chief executive of Aryzta: the Swiss-Irish food group closed the day up 3.7 per cent to €44.89. Photograph:  Cyril Byrne

European stocks rose yesterday as oil prices steadied, supporting energy shares, after first tumbling when Iran and six world powers reached an agre(...)

Wells Fargo, a San Francisco-based bank, said its second-quarter profit fell to $5.72 billion from $5.73 billion a year earlier. Photograph: Patrick T Fallon/Bloomberg

Wells Fargo, a bank known for increasing its profits and beating Wall Street expectations, reported mixed results yesterday. The San Francisco-based (...)

One wonders whether an axe will be taken to the 57 varieties. But whatever transpires, it’s been a tasty deal for Warren Buffett

Kraft Heinz, the new company formed by the merging of two food staples, began trading yesterday on the New York Stock Exchange. Heinz, purveyors of 5(...)

Kraft Heinz is now Mr Buffett’s second-biggest stock investment, ahead of Coca-Cola and International Business Machines. Photograph:  Scott Olson/Getty Images

Warren Buffett helped take over Heinz in 2013 and facilitated its combination with Kraft Foods this year. His prize: a stake of about $24 billion in(...)

General Electric: firm is “going fast” with its plans to sell most of its financial services operation. Photograph: David W Cerny/Reuters

General Electric of the United States is “going fast” with its plans to sell most of its financial services operations and is on target to achieve the(...)

Traditional big lenders in the US say they are pulling back due to tighter regulatory regime. Photograph: Thinkstock

Non-bank lenders have overtaken US banks to grab a record slice of government-backed mortgages, after regulatory curbs on risk-taking and billions of(...)

 Dundrum Town Centre: Eastdil Secured are expected to pitch the €1 billion property portfolio to sovereign funds.  Photograph: Eric Luke

Nama is to appoint Eastdil Secured, a subsidiary of the Wells Fargo Bank, to handle the sale of Ireland’s most valuable real estate asset, Dundrum To(...)

PepsiCo has said it’s on track to achieve $1 billion in productivity savings this year.  Photograph: Bloomberg

PepsiCo, the soft drink maker and world’s largest snack producer has posted first quarter profits that topped analysts’ estimates after cutting costs(...)

Strong investment banking results helped boost JPMorgan’s shares to their highest since April 2000

JPMorgan Chase & Co, the biggest United States bank by assets, reported a better-than-expected quarterly profit after a decision by the Swiss cent(...)