The FTSE 100 Index leapt 3.5% today as beleaguered investors seized on a dramatic move from US policymakers to ease credit market turmoil.

The ISEQ index of Irish shares and London's FTSE 100 Index were mired in the red today as more bad news from the United States kept up the pressure on world markets.

The FTSE 100 Index dived by more than 2% today after economic worries and a slump in China’s stock market sent a shiver through investors worldwide.

India’s Tata Steel won the battle for Corus early today after a dramatic night of bidding sent the Anglo-Dutch firm’s value soaring to £5.75bn (€8.66bn).

The battle for steel group Corus (formerly British Steel) intensified today after Brazilian firm CSN dramatically trumped a takeover offer from Indian rival Tata.

The impact of the falling greenback was felt around the world this week as the pound soared towards the magical two dollar level.

BBC chairman Michael Grade shocked the media industry today by taking the top job at rival ITV.

The pharmaceuticals sector was under pressure today after high-profile setbacks for AstraZeneca and GlaxoSmithKline spooked investors.

Pharmaceuticals giant GlaxoSmithKline today raised its full-year earnings target after reporting a boost in sales despite setbacks in the launch of new drugs.