Cryptocurrencies suffered a sharp selloff as global markets retreated after US Federal Reserve officials reiterated their resolve to keep raising interest rates until inflation is contained.

Two previous attempts to offload a large chunk of AIB had fallen at the final hurdle last November and again in March this year after the 'war in Ukraine intervened', according to Freedom of Information documents

Shares of vaccine producers, antiviral drug makers, and protective equipment manufacturers are in demand

British financial markets were braced for more political uncertainty, with investors keen to see if the new chancellor of the exchequer loosens the purse strings and wondering whether Prime Minister Boris Johnson will survive an exodus of support.

Across Europe equities tumbled to their lowest level since March 2021 as investors worried that surging inflation will fuel more aggressive monetary tightening, increasing risks of a recession

One market analyst said: “Stocks on both sides of the Atlantic seem content to push higher for the time being."

“This was another dreadful quarter from Boeing,” Robert Stallard, an analyst with Vertical Research Partners, said.

Gains in commodity stocks limited the losses.

The social media company launched a so-called poison pill defence to thwart Musk's unsolicited bid

Apple’s repurchases have totalled $274.5bn (€252bn), including $20.4bn in the December quarter alone.

Travel and leisure and consumer stocks joined tech in posting the biggest daily retreat.

Shares in the high street computer store and other so-called 'meme' stocks are seeing renewed interest from retail investors

The Irish drug development investment company took in €160m from the sale of two of its investments

Earnings fell 14% in both Ireland and UK markets

But it was not enough to pull the Stoxx-600 up from earlier losses as geopolitical tensions sent investors fleeing from risk

Shipping container lines stop sailings to and from Ukraine

The oral Covid-19 antiviral Paxlovid has shown promise in cutting hospitalisations and deaths in high-risk patients

Shares rose 8% to value the company at over €181m

The Fed needs to move to a neutral policy quickly and a restrictive stance later in the year if inflationary pressures do not abate.

The group has hiked its provision for the recall by 45% to €725m

Shares in companies focused on e-commerce that prospered during last year’s lockdowns have suffered this year as stores reopened

The Iseq index of Irish shares, the Stoxx Europe index of the continent's 600 largest listed firms, and the Ftse-100 rose by as much as 1.2%

Wholesale gas prices remained close to record levels

On a typical day, the electric-vehicle maker’s price swings are more than four times greater those of the S&P 500

The price of Brent crude oil shed $3 to $70.50 a barrel, a sign of fears about further lockdowns in the coming weeks across the world

Competition regulators were concerned the deal would reduce competition in the Spanish domestic market and on international routes to the country

Shares in AstraZeneca, the other leading vaccine maker, were unchanged in London trade on Monday

Global shares tumbled and currency markets shuddered on rising fears of a new Covid strain potentially setting back all progress the world has made over the past 20 months

'The rapid rise in German cases does spell trouble for consumer spending'

Two Irish companies are planning to return more than a combined €170m to investors via separate share buyback programmes.

Twitter spat between Bernie Sanders and Elon Musk precedes drop of 4.5% in the electric car manufacturer's shares

All of its divisions delivered growth in the period

It now means there are two promising candidates for treating Covid-19 patients early in the course of the disease

Ingredients, nutrition, and flavourings giant's shares have risen by less than 13% in the past 12 months

European banks recovered all their pandemic losses, US banks have surged to record highs, while retailers, oil and gas and travel stocks all rose

United plunged 15% in New York trade as its owners announced a share sale

US stocks declined as a sell-off in technology stocks resumed amid the threat of persistently high inflation. The S&P 500 fell more than 1% while the Nasdaq 100 fell more than 2%.

— and The 2 Johnnies try their hand at street art

One analyst called it "a sea of red kind of day for global markets"

It comes nearly two years after WeWork called off its previous effort to go public. 

After positive start on Monday, Stoxx-600 inched lower today in an apparent repeat of last week's pattern

The company is based in the Netherlands because of the close proximity to a portfolio of salt caverns which it uses for underground energy storage.

Europen stocks slip as employment data points towards slowing growth in the US, the world's largest economy

One of Britain’s biggest online platforms is getting ousted from the UK’s benchmark index in a blow to the country’s effort to nurture a stable of world-class technology companies. Just Eat Takeaway.