The future of London as the hedge-fund capital of Europe, along with the €700bn (€820bn) of assets money managers control, may be determined by a market watchdog this month.

Errant car manufacturer Volkswagen could face corporate manslaughter charges in the United States if its deliberate rigging of vehicle emission tests can be linked to pollution deaths by road users there.

WILLIAM Fry Solicitors has emerged as this year’s top Irish legal firm for merger and acquisitions.