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Nomura’s net profits for the full year that ended in March were $1.4bn, down 29% from fiscal 2019.

Bank losses from the implosion of Archegos Capital have surpassed $10bn, after Nomura reported a $2.9 billion (€2.4 billion) hit and suspended its hea(...)

Fenergo chief executive Marc Murphy. “Fenergo has experienced another fantastic year for growth.” Photograph: Alan Betson

Irish fintech Fenergo is to create 100 new jobs in Dublin to take total headcount across the group to nearly 1,000 people. The fast-growing company (...)

Fenergo founder and chief executive Marc Murphy “We’re continuing to sign up the biggest banks and financial services institutions in the world...”

Irish fintech Fenergo is looking at a number of potential acquisitions as it looks to scale up faster. The move comes as the company, which was valued(...)

Fenergo chief executive Marc Murphy.

Irish fintech Fenergo has denied reports that it has called time on a potential $2 billion (€1.7 billion) initial public offering (IPO) in favour of a(...)

Consumption plunged a record 8.2 per cent as lock-down measures to prevent the spread of the virus kept consumers at home

Japan was hit by its biggest economic slump on record in the second quarter as the coronavirus pandemic emptied shopping malls and crushed demand for(...)

While An Post has been impacted by the Covid crisis, it won plaudits for keeping its postal services operating during the lockdown. Photograph: Bryan O’Brien

Businesses have had plenty to contend with over the past 12 months with increased US-China tensions and Brexit among the pressures. That was even befo(...)

Fenergo founder and chief executive Marc Murphy.

Irish fintech company Fenergo is on target to surpass $105 million in revenues (€93.5 million) during this financial year and is optimistic it can gro(...)

Photograph: iStock

Wall Street opened higher on Wednesday, with Nasdaq hitting another record high, as attention shifted to the Federal Reserve’s first projections on th(...)

Photograph: Frederic J Brown/AFP via Getty Images

The price of a barrel of benchmark US oil plunged below $0 a barrel on Monday for the first time in history, a troubling sign of an unprecedented glob(...)

While much of the world’s output is grinding to a halt because of the coronavirus, China is slowly emerging from its shutdowns by restarting production at factories. Photograph: Qilai Shen/Bloomberg

Factory activity contracted sharply across most of Asia in March as the coronavirus pandemic paralysed economic activity across the globe, with sharp (...)

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