BP

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Bank of England governor Mark Carney has said the risk of a recession has receded because of the bank’s actions after the Brexit vote.

A rally among exporters amid a weaker euro pushed European equities near their highest prices since April, while Germany’s DAX Index erased all of it(...)

Martin Zielke, chief executive officer of Commerzbank: the bank rose 2.2 per cent, leading gainers on Germany’s DAX. The stock was supported by news the bank and its r rival Deutsche Bank recently explored   merger prospects. Photographer: Martin Leissl/Bloomberg

European shares closed flat on Thursday, weighed down by pharma and oil stocks, while banks extended a recent rally which was fuelled by expectations (...)

Wall Street recovered earlier losses on Monday as gains in healthcare stocks offset a slide in the energy sector.  Photograph: Michael Nagle/Bloomberg

European stocks edged higher on Monday after falling the week before, as Swiss chemical company Syngenta gained after US regulators cleared a takeover(...)

BP plans to offload between $3 billion and $5 billion worth of assets this year. Photograph: Reuters

British oil major BP is seeking buyers for its 50 per cent stake in a Chinese petrochemicals joint venture, its single largest investment in China, i(...)

“GlaxoSmithKline, Vodafone and Diageo have all done well since Brexit,” said Joe Gill of Goodbody Stockbrokers. “The collapse of sterling . . . has made sterling assets look more interesting for Irish investors.”

Irish corporate dividends are likely to withstand a slowdown in Irish profit growth on the back of the Brexit vote, according to analysts. A weakenin(...)

Volkswagen Group’s price tag to settle lawsuits in the US over its rigging of diesel emissions tests has jumped to more than $15 billion (€13.6 billion) - $5 billion more than previously reported.

Volkswagen will offer “substantial compensation” to US owners of VW cars affected by the diesel emissions scandal, under a $15.3 billion (€13.9 billio(...)

Volkswagen: lost 1 per cent or more as a strengthening euro dragged on exporters. The World Bank late on Wednesday cut its outlook for global growth and said downside risks had become more pronounced since the start of the year. Photograph:  Suzanne Plunkett/Reuters

European stocks declined on Wednesday, breaking their biggest back-to-back gains in two weeks, as banks and carmakers fell. Investors held off as the (...)

EasyJet: airlines were experiencing a bumpy ride after the low-cost carrier saw its load factor fall back in May. Photograph: Bernd Settnik/EPA

With Dublin closed for a public holiday, it was left to the other European markets to react to the recent opinion polls showing a lead for Brexit camp(...)

Dublin heavyweight CRH fell almost 0.9 per cent

UK and European stocks fell, bringing a halt to their longest advance in almost seven weeks. Poor performances by banks damaged markets across Europe(...)

Thomas Piketty: French economist and author of Capital in the Twenty-First Century. Photograph: Loic Venance/AFP/Getty Images

Thomas Piketty’s 2013 tome Capital in the Twenty-First Century was dismissed by diehard critics as doctrinaire, statistically flawed and boring. Three(...)

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