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David Drumm to return to Ireland to fight 33 charges

Irish Times - ‎6 hours ago‎
Former Anglo Irish Bank chief executive David Drumm has abandoned his legal challenge against extradition from the United States. The ex-banker has decided to return home to Dublin to fight 33 charges relating to transactions carried out while he ran ...
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Asian shares slip as bank fears add to global gloom

Irish Times - ‎15 minutes ago‎
Asian shares fell for a sixth straight session on Friday as concerns about the health of European banks further threatened a global economy already under strain from falling oil prices and slowdowns in China and other emerging markets.
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European banks reeling amid global slowdown concerns

Irish Times - ‎6 hours ago‎
It was almost like 2008 all over again for the global financial sector this week as shares were routed. On Thursday, France's Société Générale became the latest group to report earnings that missed estimates, dragging the sector down.
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Worms, snails and animal teeth found in consumers' food

Irish Independent - ‎5 hours ago‎
A snail in a bag of pick'n'mix sweets, a dead fly in paté and a small animal tooth in a pot of jam were among the unexpected and disgusting ingredients that left a bad taste in the mouths of consumers last year.
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Chanelle Pharmaceutical to create 175 jobs in Galway

Irish Independent - ‎17 hours ago‎
Chanelle Pharmaceuticals said the roles will be created in Loughrea, Co Galway over the next five years. The firm is doubling its production, with the launch of dozens of new products, as part of a 70 million euro (£55 million) investment.
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German economy expands by 0.3% in fourth quarter

RTE.ie - ‎10 minutes ago‎
The German economy, Europe's biggest, grew by 0.3% in the fourth quarter, driven mainly by robust domestic demand, the federal statistics office Destatis said today.
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Luas strike: 90000 commuters hit by second day of action

Irish Times - ‎29 minutes ago‎
More than 90,000 Dublin commuters will be affected by a strike by Luas staff on Friday as the light rail system stops service for a second day.
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National Treasury Management Agency sale at below 1% yield

Irish Examiner - ‎6 hours ago‎
Debt issuer the National Treasury Management Agency sold €1bn of 10-year debt to investors yesterday at a yield or interest rate just below 1%, reflecting in part the worldwide flight to safety into government securities, as stock markets tumbled again.
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SocGen posts highest annual revenue since 2010

RTE.ie - ‎Feb 11, 2016‎
Société Générale has today posted a lower than expected rise in fourth-quarter net income after it set aside an additional €400m to cover litigation costs.
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Global events will shape economic and fiscal policy here

Irish Examiner - ‎6 hours ago‎
For any naïve fool who may have believed that this year's general election might be characterised by economic and fiscal prudence, these are indeed worrying times.
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DCC reports "very strong" profit growth in third quarter

Irish Independent - ‎Feb 10, 2016‎
Irish conglomerate DCC said group operating profit was "very significantly ahead" of the previous year in the three months to the end of December.
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'Riches beyond your wildest dreams' - Group of friends 'dumbstruck' after scooping €66m in Euromillions jackpot

Irish Independent - ‎4 hours ago‎
A group of friends are still "dumbstruck" after winning over €66m in last Friday's EuroMillions draw. Share. Facebook · Twitter · Google · Email.
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Pernod Ricard names new Irish Distillers boss as Jameson soars

Irish Independent - ‎5 hours ago‎
The chief executive of Irish Distillers, Anna Malmhake, is to leave the post to become CEO of the Absolut vodka company. Share. Facebook · Twitter · Google · Email.
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Oil majors secure Irish exploration options despite slump

Irish Independent - ‎5 hours ago‎
Oil majors including ExxonMobil, BP and Statoil have all taken a slice of new exploration licensing options that have been issued by the Department of Communications, Energy and Natural Resources.

Register of loans not now due until 2017

Irish Independent - ‎5 hours ago‎
A LONG-awaited centralised credit register won't be up and running until next year, the Central Bank said. Share. Facebook · Twitter · Google · Email.
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McKillen Jr's Dublin hotel plan under fire

Irish Independent - ‎5 hours ago‎
Mr McKillen Jr is seeking to add the hotel to his Press Up Entertainment Group portfolio that includes the Everleigh Garden nightclub and the Dean Hotel.
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Today in the press

RTE.ie - ‎21 hours ago‎
TULLOW MAY LOOK TO FUTURE SALE OF ASSETS, SAYS CEO - Aidan Heavey, chief executive of exploration company Tullow Oil, has suggested it may sell some of its prize assets in the future to generate returns for shareholders.
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Irish Life's profits up 11% last year to €204 million

Irish Times - ‎13 hours ago‎
Irish Life contributed €204 million in profit last year to its Canadian parent company, Great-West Lifeco, according to full year results just published.

Bank forced to accept debt deal on appeal

Irish Independent - ‎5 hours ago‎
A bank's veto of a debt deal has been overturned, in the first appeal of a personal insolvency arrangement since the law was changed.
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US and Brussels in dispute over Apple tax investigations

Irish Times - ‎51 minutes ago‎
Political tension is escalating between Washington and Brussels over EU state-aid inquiries into Apple's tax arrangements in Ireland and the affairs of other US groups in Europe.
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