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Crime agency investigates UK connection to Danske Bank

Fri, 09/21/2018 - 08:37
Britain's National Crime Agency has said that it was aware of the use of UK-registered companies in connection with Danske Bank's Estonian branch which is at the centre of a money-laundering scandal.

Mainstay Medical trial remains on track

Fri, 09/21/2018 - 08:29
Dublin listed medical device company, Mainstay Medical, has reported that all implants for its ReActiv8 trial for US commercialisation have been completed.

Italy opens inquiry into Ryanair hand baggage charge

Fri, 09/21/2018 - 07:47
Italy's competition authority Antitrust has opened an inquiry into Ryanair's decision to charge passengers for hand luggage, which the body described as an "essential" item for passengers.

Chequers plan will not work in present form - Tusk

Thu, 09/20/2018 - 16:07
European Council president Donald Tusk has told British Prime Minister Theresa May she will have to rethink her Chequers blueprint for Brexit, saying the plan will not work in its present form.

US jobless claims at 48-year low

Thu, 09/20/2018 - 14:18
New US claims for jobless benefits fell for the third week in a row, hitting their lowest level in nearly 49 years for the third straight week, the Labor Department said today.

Lloyds Bank to locate third EU subsidiary in Luxembourg

Thu, 09/20/2018 - 14:13
Lloyds Bank is looking to set up a third European Union subsidiary in Luxembourg to serve longstanding life insurance customers after Britain quits the bloc, a source told Reuters.

NAMA has limited room for manoeuvre on house funding

Thu, 09/20/2018 - 13:27
The chief executive of NAMA has said the agency has limited room for manoeuvre when to comes to funding private residential housing development.

Tánaiste rejects call for emergency rent freeze

Thu, 09/20/2018 - 13:20
Tánaiste Simon Coveney has rejected a call from the Social Democrats for an emergency rent freeze in the private rental market.

OECD trims economic outlook over trade woes

Thu, 09/20/2018 - 13:14
Global economic growth has peaked in the face of rising trade frictions and emerging market turbulence, the OECD said today, as it trimmed its earlier outlook.

Sky takeover fight to be settled by rare auction

Thu, 09/20/2018 - 12:54
A protracted $34 billion bidding war for European broadcaster Sky between US rivals Comcast and Twenty-First Century Fox could be settled by a quick-fire auction on Saturday, UK regulators said today.

First fall in venture capital funding since 2011

Thu, 09/20/2018 - 11:58
Venture capital funding to Irish firms dipped by 9% in the first half of the year - the first fall since 2011.

UK August retail sales beat forecasts

Thu, 09/20/2018 - 11:18
British shoppers kept up their strong summer spending spree in August and showed no sign that the approach of Brexit is making them cautious, new figures show today.

Danske Bank faces fresh money laundering inquiry

Thu, 09/20/2018 - 11:09
Danske Bank faces a new Danish investigation into alleged money laundering a day after revealing payments totalling €200 billion through its Estonian branch, many of which were suspicious.

Today in the press

Thu, 09/20/2018 - 11:03
Deirdre Somers, the Irish Stock Exchange's (ISE) recently-departed chief executive, had a €5.75 million pay day last year, driven by a cash windfall and bonuses tied to the group's sale to Euronext.

'Brexpos' set to help businesses get Brexit ready

Thu, 09/20/2018 - 09:55
Tánaiste and Minister for Foreign Affairs Simon Coveney has said he believes there will be a deal on Brexit but it will require intensification of the negotiations and that has not happened yet.

Ryanair shareholders re-elect O'Leary and Bonderman

Thu, 09/20/2018 - 09:24
Ryanair shareholders have today re-elected chairman David Bonderman and chief executive Michael O'Leary to the company's board but support for both fell after a year overshadowed by industrial action.

Just 3 in 10 SMEs can take orders through their website

Thu, 09/20/2018 - 09:19
Just three in every 10 small and medium sized business here can take sales orders through their website, new research shows.

Alibaba says US-China trade war ends US jobs promise

Thu, 09/20/2018 - 08:53
Alibaba chairman Jack Ma said the company can no longer meet its promise to create 1 million jobs in the US due to US-China trade tensions, Chinese news agency Xinhua has reported.

Providence Resources narrows H1 operating losses

Thu, 09/20/2018 - 08:46
Exploration company Providence Resources has reported a narrowing of losses for the six months to the end of June after what it called "an exceptionally busy period".

Aston Martin aims for £5 billion October IPO

Thu, 09/20/2018 - 08:05
Luxury British carmaker Aston Martin said it was seeking a valuation of up to £5.07 billion as it set a price range of £17.50-22.50 per share for its stock market flotation.