YAHOO co-founder Jerry Yang has quit the company he started in 1995, appeasing shareholders who had blasted the internet pioneer for pursuing an ineffective personal vision and impeding investment deals that could have saved the struggling company.

THE president of the High Court said he wishes to hear from representatives of the state’s Insurance Compensation Fund before considering any application to allow Quinn Insurance group draw on that fund.

The President of the High Court said today that he wishes to hear from the representatives of State's Insurance Compensation Fund before considering any application to allow Quinn Insurance group draw any of the €600m it claims it requires from that fund.

THE administrators in charge of Quinn Insurance (QIL) have said that there is no takeover proposal by the Quinn family on the table for the business, despite a Quinn Group statement to the contrary.

THE administrators currently in charge of Quinn Insurance Ltd (QIL) and its various subsidiary companies have reorganised the boards of each business in accordance with their effective temporary taking over of the group, documents filed with the Companies Office show.

THE special adviser to Tánaiste Brian Cowen was given official clearance before taking up his new position with an investment bank bidding for the Government’s Metro North project.

A takeover approach by Thames Water owner Macquarie for Australian airline Qantas caused British Airways shares to surge by more than 2% today.

French stock market operator Euronext was today said to have ruled itself out of the running for the London Stock Exchange because the price has risen too high.

AUSTRALIAN bank Macquarie went hostile yesterday with a €2.2 billion (£1.5bn) takeover bid for the London Stock Exchange that its target has already rejected as “derisory.”

THE London Stock Exchange (LSE) was yesterday facing the prospect of a second takeover approach from the Australian investment bank Macquarie.

The London Stock Exchange today dismissed a £1.48bn (€2.2bn) takeover proposal from an Australian bank as derisory and lacking any commercial sense.

The London Stock Exchange was today reported to have held talks with Swedish counterpart OMX about a merger and a range of other potential tie-ups.