The high failure rate in mergers and acquisitions has been known for 40 years

IAG chief Willie Walsh said that the move is being considered in light of “macro economic” weakness in Europe

For love or money? Billionaire financier’s football investments show his emotional side

Hayes says deal could see more than 2,500 jobs being saved

Michael O’Leary says the package holiday is ‘over’ – but don’t write it off just yet

EY signed off on group’s 2018 accounts as a going concern

Planet Business: Another week of airport hell, this time courtesy of Thomas Cook

‘Performance of UK economy will remain below-par until Brexit issue is resolved’

UK travel company collapsed after efforts to save it failed at the weekend

Mixed signals from US-China trade conflict contribute to decline

21,000 staff to lose jobs and 150,000 holiday-makers, including 5,000 from Ireland, stranded abroad

Collapse of world’s oldest travel firm has stranded hundreds of thousands of holidaymakers around the globe

Netflix takes a battering as analysts queries international subscriber growth

US investors remain wary as country’s trade war with China drags on

Planet Business: It’s not only Thomas Cook that’s feeling the heat

In Dublin, the Iseq index closed down 0.3 per cent, with financial stocks declining again

UK tour operator says it needs more than $1bn for a recapitalisation

Market report: Strong day for European shares but US indexes under pressure

Markets report: Easing of tensions over tariffs between US and Mexico lifts global stocks

Deal would exclude airline business, which Fosun is unable to acquire due to EU rules