Frankfurt Stock Exchange

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One structure being considered would see UBS hive off its asset-management unit and fold it into Deutsche’s DWS in exchange for shares in the larger group. Photograph: Kai Pfaffenbach/Reuters
UBS and Deutsche Bank asset managers in ‘serious’ merger talks

The asset-management arms of Deutsche Bank and UBS are in serious talks to merge, according to people close to the discussions, in a deal that would c(...)

Traders on the floor of the New York Stock Exchange on Monday. Photograph: Reuters/Brendan McDermid
European shares trade higher as focus turns to monetary policy

European shares rose on Monday, with gains across bourses and industry sectors, as the focus gradually shifts from the earnings season to monetary pol(...)

While its R&D hub is located in Dublin, Zalando does not currently ship directly to Ireland
Online fashion retailer Zalando injects €6m into Irish subsidiary

Losses continued to mount at the Irish arm of online fashion retailer Zalando last year as its parent injected a further €6 million into the business.(...)

An Innogy onshore wind farm on the Galápagos islands
German energy group enters Irish renewables market

German energy company Innogy has entered the Irish market having acquired a wind farm site in Co Kerry for an undisclosed sum. The 10.2MW Dromadda B(...)

Almost 600,000 cars on US roads are powered by engines rigged to appear to emit less nitrogen oxide than they do. Photograph: EPA
Volkswagen hopes to avoid emissions court battle in US

Volkswagen, Europe’s largest carmaker, hopes to avoid a US court battle on Thursday by offering US drivers of its manipulated diesel cars a free fix a(...)

Celestial Green Ventures is involved in the development of carbon credits from projects in the Amazon basin. Photograph: Getty Images
Celestial Green Ventures posts pretax loss of €864,617

Celestial Green Ventures plc, a Dublin-based company that was listed for a time on an exchange in Germany, made a pretax loss of €864,617 in the 13 mo(...)

Phoenix was established in 1996 to bring natural gas to Northern Ireland and has about 140,000 domestic and business customers . Last year it had a turnover of £118.1 million, down £42.3 million on the previous year
Terra Firma sells Phoenix to Hastings

Terra Firma Capital Partners, the private-equity firm run by Guy Hands, has agreed to sell its Northern Irish gas distribution company Phoenix Energy (...)