Paddy Power Betfair will be headquartered in Dublin. Photograph: Bloomberg

Paddy Power looks set to complete its near €10 billion merger with rival Betfair in a little more than two weeks after the Republic’s competition reg(...)

Andy McCue (left), chief executive, and Gary McGann, chairman, at the Paddy Power egm in Dublin on Monday. Photograph: Eric Luke

Paddy Power and Betfair are merging in a drive to scale up their businesses and cut costs as new taxes and regulation begin to take their toll on the (...)

Competition authorities in both the UK and the Republic must approve the merger. Photograph: Bloomberg

Paddy Power’s proposed €8 billion merger with Betfair cleared a key hurdle yesterday when one of two competition regulators investigating the deal ap(...)

“It is clear to me that the GalaCoral and Playtech shareholders are the big winners here with Ladbrokes shareholders once again paying the price of management ineptitude,” Dermot Desmond said. Photograph: Cyril Byrne/The Irish Times

Dermot Desmond will challenge Ladbrokes’s and Coral’s agreement to pay their partner Playtech €106 million, in a bid to have the pair’s €3.3 billion (...)

Apple shares were higher  after it posted a strong earnings report, driven by iPhone sales. Shares of Apple gained 2.5 per cent in New York. Photograph: Paul Miller/EPA

US and European stocks rose on Wednesday ahead of the Federal Reserve’s decision, which investors hoped would clarify the central bank’s rate hike p(...)

The decision to sell the business comes after Musgrave last summer wrote down about €131 million in relation to the British operation

The UK Competition and Markets Authority has approved the sale of Musgrave Group’s loss-making British business to Booker for €57 million. The Cork-ba(...)

Ryanair chief executive Michael O’Leary. Ryanair is preparing for a second, long drawn out legal battle with the UK Competition and Markets Authority

Ryanair chief executive, Michael O’Leary, has rejected claims by the UK competition regulator that its 29.8 per cent stake in Aer Lingus could block (...)

Shareholders are pressing Ryanair on whether or not it plans to sell its €400 million Aer Lingus stake to IAG, which this week launched a formal off(...)

IAG chief Willie Walsh stressed he was confident that Ryanair would seriously consider his group’s deal. Photograph: Dara Mac Dónaill

The UK’s competition regulator is likely to allow Ryanair to sell its €400 million stake in Aer Lingus to International Consolidated Airlines’ Group(...)

Ryanair has launched three unsuccessful bids to take over its smaller rival during the last nine years.   Photograph: Andrew Yates/Reuters

The Government’s pledge to back IAG’s €1.4 billion bid for Aer Lingus shifts the spotlight to the airline’s biggest shareholder, Ryanair, which owns (...)