Irish Residential Property Reit (IRPR) raised €200m (£164m) in a stock market listing yesterday, meeting its target as it became the third such real estate investment trust to launch in Ireland in the last year.
RETAIL and hospitality voucher firm Eagle Eye Solutions, where former Tesco boss Sir Terry Leahy is an investor and director, saw its shares jump almost 10 per cent to 180p during its first day of trading yesterday.
US car parts company Johnson Controls said yesterday it will acquire Air Distribution Technologies from Canada Pension Plan Investment Board (CPPIB) for $1.6bn (£953m), in a move aimed at expanding its offerings in ventilation products.
Ford Motors will attempt to get its latest model, the 2015 Ford Mustang, up to the top of the Empire State Building in New York today to celebrate the 50th birthday of the model. The publicity stunt is designed to mimic the launch event for the o
THE UK’S benchmark stock index rose yesterday after Chinese economic data came in a touch above forecasts, with Tesco rising on aggressive strategy plans and Sports Direct surging on a bullish note about the company.
US stocks rose one per cent yesterday, advancing for a third straight session as Federal Reserve Chair Janet Yellen reaffirmed the central bank’s commitment to keeping interest rates low and Yahoo rallied.
Alibaba, the Chinese e-commerce giant, is on track to reach a $188bn (£111.9bn) market valuation when it floats on the US stock market in coming weeks and is expected to raise $16bn, making it the biggest technology float in history.
A gaggle of business leaders including Deborah Meaden, Tech Hub’s Andrew Tibbitts and CEO of London & Partners Gordon Innes braved the chill at the New Covent Garden flower market this morning to bang the drum for Dot London.
Deutsche Bank could be looking to dispose some gambling property, according to reports.
But we're not referring to typical "casino banking" here. Instead, Deutsche is preparing for the sale of some more traditional gambling properties.
THE HUGE gap in economic fortunes between workers in different parts of Europe was laid bare yesterday, as new figures from Brussels showed unemployment rates stretching from 2.6 per cent in parts of Germany to a staggering 36.3 per cent in southe
INFLATION, as Milton Friedman used to argue, is a form of taxation without legislation. Wealth is taken from some people – for example, holders of cash – and given to others – such as those with large debts.
STRUGGLING internet icon Yahoo last night reported sluggish revenue growth for the first quarter of 2014.
But its shares were boosted by strong revenues at Alibaba, a Chinese firm in which Yahoo has a 24 per cent stake.