Michael Hasenstab bought $7bn in Ukrainian bonds. They are now worth $4bn.

Michael Hasenstab is all about the big trade. It’s a tack that has made him one of the world’s most successful, and famous, bond fund managers during (...)

French president François  Hollande:    invited Alexis Tsipras to visit Paris soon and promised “that France will be beside Greece in this important period for its future”.  Ian Langsdon/Reuters

The victory of the far-left Syriza in Greece is seen in France as an opportunity for President François Hollande to play a more important role in Euro(...)

Independent TD Michael Lowry has denied that a note he sent to Taoiseach Enda Kenny about reappointing his former PR adviser to the National Transport Authority was sexist and reflected cronyism. Photograph: Dara Mac Dónaill/The Irish Times

The Independent TD for Tipperary Michael Lowry has denied a handwritten note he sent to Taoiseach Enda Kenny in the Dáil last week reflected cronyism (...)

Bank of England governor Mark Carney: gave strong hints that the Bank of England could increase interest rates from their record lows sooner than expected. Photograph: Laurent Gillieron/EPA

The ECB has done its part – now it’s up for countries to implement structural reforms. That was the message from Benoît Cœuré, a senior ECB figure,(...)

President of Goldman Sachs,  Gary  Cohn,  at Davos: “What I am concerned about is the ability of the US to raise rates with what’s going on with the rest of the world.”  Photograph: Bloomberg

Wall Street executives said the US Federal Reserve’s ability to raise interest rates will be restrained by weak economic growth abroad and slow inflat(...)

The Taoiseach, Enda Kenny, has said he would “like to think” the European Central Bank could be independent of pressure from euro zone member states w(...)

Walk on by: Snowmen representing countries worldwide during an exhibition from the NGO, action/2015, on the sideline of the 45th Annual Meeting of the World Economic Forum in Davos, Switzerland. Photograph: EPA

The European Central Bank is expected to announce today that it will spend billions buying the debt of euro zone member states in order to kickstart t(...)

‘While Gerry Adams and Mary Lou like playing hard to get, they aren’t categorically ruling out future advances.’ Photograph: Eric Luke/The Irish Times

It’s becoming like a dysfunctional dating agency in the Dáil. People in Fine Gael making cow eyes at Fianna Fáil and elements in Fianna Fáil batting (...)

The congress centre at Davos. Taoiseach Enda Kenny and IDA officials will be holding bilateral meetings on the sidelines of the summit with prospective client companies. Photograph AFP

Thousands of the world’s top business and political leaders are gathering for the 45th annual World Economic Forum in the chic Swiss ski resort of Dav(...)

David Duffy has decided to leave the company and move to Britain to head up Clydesdale Bank.

Minister for Finance Michael Noonan plans to meet AIB’s chairman Richard Pym this week to discuss the bank’s plans to identify a successor to chief (...)