Luxottica’s first quarter earnings topped a consensus forecast of €348 million thanks to efforts to keep a lid on cost rises

Italian eyewear group Luxottica posted a higher-than-expected 33 per cent rise in operating profit in the first quarter, which marked the debut of its(...)

Oakley sunglasses.  Luxottica, the world’s biggest maker of eyewear, bought Oakley in 2007, adding athletic sunglasses to the Italian company’s range of fashion brands from Ray-Ban to Ralph Lauren. Photograph: Chip East/Bloomberg News.

Luxottica slumped in Milan trading after losing its second chief executive in little more than a month, raising questions about the ability of the wor(...)

In London, supermarket giant Tesco was back under pressure with a decline of nearly 3 per cent or 4.6p to 180.6p. Photograph: Rui Vieira/PA Wire.

European stocks were little changed today as investors signalled they are likely to hold fire until they see stronger signs of a recovery. Values slu(...)

A Carlsberg flag flies outside the brewing group’s headquarters in Copenhagen, Denmark, yesterday. Carlsberg, Russia’s biggest brewer, cut its full-year forecasts for revenue and earnings even as quarterly profit beat estimates, causing the shares to slump 3.6 percent. Photograph: Freya Ingrid Morales/Bloomberg

Trading was relatively flat across most of Europe following two consecutive days of gains. In the US, stocks rose to within five points of an all-t(...)

 The Deutsche Post  headquarters in Bonn, Germany. Deutsche Post shares rose 3.3 per cent  for the largest gain on the German market

The Iseq strode ahead by 1.6 per cent yesterday as European shares rebounded due to anticipated stimulus measures from the European C(...)

Tom Cruise and Kelly McGillis in Top Gun

Luxottica, the maker of Ray- Ban sunglasses, has struck a deal to design, develop and distribute glasses based on Google’s Internet-connected G(...)

South African Paralympic athlete Oscar Pistorius reacts in the dock while hearing graphic details  during his murder trial at the North Gauteng High Court in Pretoria, South Africa, today. Photograph: Alet Pretorius/EPA

Oscar Pistorius retched and covered his eyes in court when flashes of pictures were shown of his late girlfriend Reeva Steenkamp’s body today(...)

Central Park: high-spec office, retail and residential scheme with good transport links

Nama has settled on a guide price of over €250 million for Central Park in Leopardstown, Dublin 18 – the largest single Irish property asset to be off(...)