(Reuters) – Citigroup Inc reported a better-than-expected quarterly profit on Monday, boosted by a surge in investment banking revenue and lower expenses. Investment banking revenue rose 20 percent to $1.4 billion, as strong growth in advisory and investment-grade debt underwriting more than offset a drop in equity underwriting. Bond trading rose 1 percent in sharp […]

(Reuters) – Apple Inc and its allies on Monday will kick off a jury trial against chip supplier Qualcomm Inc in San Diego, alleging that Qualcomm engaged in illegal patent licensing practices and seeking up to $27 billion in damages. Qualcomm, for its part, alleges that Apple forced its longtime business partners to quit paying […]

Millions of mums and dads in receipt of child benefits and tax credits have been warned their payment dates will change over Easter as a result of the two bank holidays. HMRC – which manages the payments – has now revealed the key dates for your diary over the spring holidays. But for once it's […]

TAIPEI (Reuters) – The chairman of Taiwan’s Foxconn, assembler of Apple’s iPhones, said on Monday he plans to step down in the coming months as he wants to pave the way for younger talent to move up the ranks of the world’s largest contract manufacturer. Terry Gou, speaking on the sidelines of an event in […]

Two in five offices in Dublin have changed hands in the past six years, according to real estate group Savills. As the country’s economy continues to grow, a new report on Ireland’s property investment market found that almost €8.6bn has been spent on office property here since the start of 2013. Savills’s director of research […]

Petrol and forecourt specialist Applegreen is taking aim at the lucrative €400m aviation fuel market at rapidly growing Dublin Airport. Ireland’s second-largest service station operator delivered its first batch of jet fuel in recent days with plans to take on the two incumbents who have the market to themselves – Shell Aviation and Texaco Valero. […]

A leading international grocery retailer has said he does not believe food retail will face the same threat from online as other forms of retail. Anthony Hucker, president and CEO of Florida-based Southeastern Grocers, said it was not an inevitability that food and grocery shopping would shift online over time. “We’re somewhat protected because people […]

Conor Barnes, an accountant in New York, decided to stop telling her clients to “have a nice day” at the end of their meetings. Often she delivered news that had, in fact, ruined their day: They owed the government money, sometimes a painfully large amount. The overhaul of the tax code — the first in […]

More than 30,000 Stop & Shop supermarket workers across three states remained on strike for a third day on Saturday, protesting what they said were unfair wages and high health insurance premiums. The strike, by United Food and Commercial Workers International Union members working at more than 240 Stop & Shops in Connecticut, Massachusetts and […]

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