Barclays

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Friends said Rich Ricci, head of investment banking at Barclays, had acknowledged he gave off “too much heat and light” for chief executive Antony Jenkins’s measured tone of management. Photograph: Tim Ireland/PA Wire

Barclays has drawn a line under the Bob Diamond era, ejecting the last two senior executives from his period in charge with the departures of R(...)

Minister for Energy Pat Rabbitte expects Bord Gais to start the sale of its energy unit, comprising retail and power generation, "in the coming(...)

A woman jogs past a clothing store announcing discounts in downtown Lisbon. Photograph: Jose Manuel Ribeiro/Reuters

Inflationary pressures eased further in March in the 17 countries using the euro, spurred by a continued downward trend in energy prices, data (...)

A container area at Ningbo port, Zhejiang province. China saw a forecast-busting 14.1 per cent year on year surge in imports which eclipsed export growth of 10 per cent, signalling that domestic demand was gathering the steam needed to drive economic recovery. Photograph: Reuters

Brent crude futures have steadied around $106 per barrel after China's total imports surged in March, suggesting that recovery in the world's n(...)

Alcoa reported first-quarter earnings that exceeded analysts' estimates. Photo: Getty

Alcoa, the largest US aluminum producer, reported first-quarter earnings that exceeded analysts' estimates as demand from airplane and car manu(...)

Greenstar’s recycling facility in Old Fassaroe, Bray. Photograph: Alan Betson

Ireland’s biggest waster management group, Greenstar has been sold to US private equity company Cerberus by a receiver for an undisclosed figur(...)

Portugese prime minister Pedro Passos Coelho said his government would have to introduce “important cuts” in expenditure on social security, health and education. Photograph: Reuters/José Manuel Ribeiro

Portugal’s prime minister has promised further cuts in government spending after the country’s constitutional court rejected austerity measures(...)

Bahrain's Crown Prince Salman bin Hamad al-Khalifa meets with Japan's Prime Minister Shinzo Abe. Reuters

The Bank of Japan will aim to double the monetary base over two years through the aggressive purchase of long-term bonds, in a(...)

A European Union flag ablaze during an anti-bailout rally outside the presidential palace in Nicosia yesterday. Photograph: Yannis Behrakis/Reuters

Cyprus yesterday unveiled radical capital-control measures ahead of banks re-opening tod(...)

Media group INM is looking to restructure debts of some ¤400 million

Media group Independent News & Media (INM) confirmed this morning that it is in "constructive discussions" with its syndicate of banks in r(...)

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