Chemchina

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Pirelli, which supplies tyres for Formula One cars, will present details of its IPO, including a price range, as early as this week. Photograph: Maxim Shemetov/Reuters

Pirelli, the tyre maker that supplies Formula One race cars, is seeking an equity valuation of as much as €9 billion in its initial public offering (I(...)

The volume of global mergers and acquisitions was $3.6 trillion in 2016, a 17 per cent drop from last year’s record $4.37 trillion but enough to make the year the second-highest for deal-making since 2007

A final flurry of large takeovers during the last months of 2016 lifted global deal-making to its second-highest annual level since the financial cris(...)

Bank of Ireland: The retreat in financial stocks around Europe saw the bank shares fall 3.5 per cent to €0.27. Photograph: Frantzesco Kangaris/Bloomberg

European shares fell sharply yesterday as disappointing economic data from the US further undermined sentiment already hurt by weak earnings updates. (...)