The US benchmark S&P 500 index and Nasdaq Composite opened at record highs on Thursday, while the VIX “fear gauge” of expected volatility  opened at 9.82, its lowest since May 10th. Photograph: Brendan McDermid/Reuters

World stock markets scaled fresh highs on Thursday, with key US indexes lifted in early trading by rosy retailer results. European stocks held steady(...)

Grattan statue and Abercrombie & Fitch poster on display on College Green, Dublin, prior to the opening of the company’s first store in Ireland. (Photographer: Dara Mac Dónaill)

US teen apparel retailer Abercrombie & Fitch, which has put itself up for sale, posted a smaller-than-expected drop in comparable-store sales, hel(...)

Cerberus will now enter exclusive talks with Nama. Photograph: Cyril Byrne

Nama has selected Cerberus Capital Management as preferred bidder for a portfolio of property loans with a face value of about €3 billion, a source sa(...)

Lloyds may have an advantage over the private-equity bidders because regulators trust how it has handled PPI customer redress. Photograph: Simon Dawson/Bloomberg

Lloyds Banking Group is considering taking on Bank of America’s liabilities in the British payment protection-insurance scandal as it looks to beat pr(...)

Nama has said the NCA investigation is not concerned with its side of the Project Eagle deal. Photograph: Cyril Byrne / The Irish Times

Six people are being investigated as "criminal suspects" as part the British National Crime Agency's inquiry into Project Eagle, the purchase of Na(...)

Seamus McCarthy: “the decision to sell the loans at £1.3 billion involved a significant probable loss of value to the State”

Comptroller and Auditor General (C&AG) Séamus McCarthy’s report into Nama’s £1.3 billion sale of its Northern Ireland loans challenges the agency’(...)

Fianna Fáil will not support a Dáil motion to establish a Commission of Investigation into the National Asset Management Agency’s Project Eagle sale.

Fianna Fáil will not support a Dáil motion to establish a Commission of Investigation into the National Asset Management Agency’s Project Eagle sale. (...)

Independents 4 Change has called for an investigation into the sale of Project Eagle by the National Asset Management Agency. Photograph: Cyril Byrne

The Government could be forced to establish a commission of investigation this week into the sale of Project Eagle by the National Asset Management A(...)

A friend of Amanda Alvear holds up her photo at a memorial service the day after a mass shooting at the Pulse nightclub in Orlando, Florida. Photograph: Carlo Allegri/Reuters

What links the blood-stained walls of the Pulse nightclub to an office block in Belfast? Money. And the way people who have enough of it always get wh(...)

Sinn Féin leader Gerry Adams said there were various allegations of a “cosy cartel, insider trading, payment for the golden circle and payment of illegal fixer fees”. Photograph: Lesley-Anne McKeown/PA Wire

Taoiseach Enda Kenny has rejected renewed calls for a commission of investigation into the controversial sale of the National Asset Management Agency(...)

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