A British-based businesswoman whose family put £3.3m (€4.2m) into an Irish-based frozen yoghurt business has claimed the monies invested have been misappropriated by a co-director.

The number of initial public offerings handled by Nasdaq may rise this year, buoyed by strong equity markets and the Federal Reserve’s announcement that it will reduce bond purchases.

Hundreds of mourners gathered together tonight at a memorial service held for a family and a teenage friend who died after their light aircraft crashed in a remote mountain region.

Virginia Tech students still on edge after the deadliest shooting in US history got another scare this morning as police in commando gear with weapons drawn swarmed the building which houses the president’s office.