Brown Rudnick, the US law firm which advised two bidders involved in the controversial €5.7bn of Project Eagle loans sold by Nama last year, yesterday said it would co-operate with all inquiries into the transaction.

BRAZILIAN steel group CSN was yesterday said to be preparing to trump the £4.3 billion (€6.4bn) takeover of Corus by Indian rival Tata Steel.

BRITISH establishment newspaper The Daily Telegraph could soon be in the hands of a man who made his fortune from pornographic magazines, after an American court blocked a deal to sell control of the paper.

Carlton boss Michael Green’s hopes of surviving a shareholder coup over who runs an enlarged ITV company were dealt a potentially fatal blow today.