Ireland is one of top-four active markets in Europe for portfolio transactions, says Margaret Kelleher.

The O’Flynn construction group yesterday confirmed that it has sold its loss-making UK-based firm that provides healthcare accommodation for seniors.

News of a tie-up between miner Rio Tinto and Canadian aluminium firm Alcan put the London market in positive spirits today.

The mining sector was on the front foot today after Rio Tinto unveiled a deal to create the world’s largest aluminium company.

London’s leading shares staged a rally in afternoon trading today, buoyed by a strong opening in the US.

Banking and property stocks weighed heavy on the London market today as fears over the US high-risk mortgage market persisted.

Investors received a shot in the arm today after the FTSE 100 Index followed the lead of US markets to rise by more than 100 points.

US real estate investment firm Starwood Capital is in talks with advisers to launch a bid worth around £3bn (€4.39bn) for leisure group Whitbread, the Mail on Sunday has reported.

Premier Travel Inn and Pizza Hut owner Whitbread was today reported to be in the sights of US hotel and property business Starwood Capital.