Latest Business News

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EU says Greece won't need last-resort rescue

Tue, 16 Mar, 2010 at 14:34

European ministers stressed that a contingency plan for saving Greece from bankruptcy with emergency loans was simply prudent planning and was unlikely to be enacted. More...

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NTMA halfway towards 2010 target

Tue, 16 Mar, 2010 at 11:22

The National Treasury Management Agency has raised €1.5 billion in its latest auction of Government bonds. More...

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Offaly power station gets green light

Tue, 16 Mar, 2010 at 14:37

A power station is to be built in Co Offaly, generating 500 construction jobs. More...

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European car sales rise despite German slump

Tue, 16 Mar, 2010 at 11:17

Sales of new cars in Europe rose by 3.2% in February on a 12-month comparison but fell 29.8% in Germany. More...

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Euro zone inflation drop to 0.9% confirmed

Tue, 16 Mar, 2010 at 10:44

Annual inflation fell slightly in the euro zone to 0.9% in February, official figures confirmed today. More...

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60% of BA flights will operate during strike

Tue, 16 Mar, 2010 at 11:20

British Airways has vowed to keep 60% of its customers flying during the looming strikes. More...

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Deal with Unite on lay-offs - BoSI

Tue, 16 Mar, 2010 at 13:25

Bank of Scotland Ireland and UNITE have reached a deal on improved redundancy terms for those to be laid off. More...

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German economy 'moves from intensive care'

Tue, 16 Mar, 2010 at 11:33

German investor confidence was stable in March, as experts expect the economy to slowly recover. More...

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Britain rejects EU calls for more cuts

Tue, 16 Mar, 2010 at 14:19

The British government has rejected calls by the European Commission for it to do more to cut its budget deficit. More...

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Portugal's mass privatisations to cut debts

Tue, 16 Mar, 2010 at 12:44

Portugal has announced sweeping privatisation measures affecting its airline, rail, postal, energy and paper industries. More...

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Bad weather hit US home building

Tue, 16 Mar, 2010 at 13:07

Official figures show that US housing starts and permits to build new homes both fell in February. More...

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Oil firms on eve of OPEC meeting

Tue, 16 Mar, 2010 at 14:24

World oil prices were higher this afternoon with traders nervous on the eve of a key production meeting of OPEC. More...

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Lindt profits plunge in economic crisis

Tue, 16 Mar, 2010 at 11:21

Swiss chocolate-maker Lindt and Spruengli today said its full-year profits plunged by over a third. More...

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No rate changes expected from US Fed

Tue, 16 Mar, 2010 at 12:54

The US Federal Reserve is widely expected to keep its key lending rate at virtually zero per cent today. More...

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Toyota cites 'inconsistencies' in Prius story

Tue, 16 Mar, 2010 at 11:53

Toyota has cited 'inconsistencies' in the story of a US man who said his Prius car was speeding uncontrollably. More...

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Japan may consider new emergency measures

Tue, 16 Mar, 2010 at 07:50

The Bank of Japan began a two-day meeting today amid speculation it may announce fresh emergency measures. More...

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Morning business news - March 16

Tue, 16 Mar, 2010 at 11:23

Ireland will raise up to €1 billion later today in a bond auction - its third monthly bond auction of the year. More...

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Today in the press

Tue, 16 Mar, 2010 at 11:24

NAMA is prepared to demolish half-completed buildings which it believes have no value. More...

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2.30pm Markets Update

Tue, 16 Mar, 2010 at 14:37

US stock markets drifted higher in cautious early trading ahead of a Federal Reserve policy decision. More...