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News

German economy had decent start to second quarter, but growth to slow, ministry says

The German economy had a decent start to the second quarter but its growth pace is likely to slow during the course of the April-June period, the economy ministry said on Friday.

Interest in Irish loans is waning says Nama dealmaker

IT is getting much more difficult to sell Irish loan portfolios to international investors as interest in the country wanes, according to one of the most important figures in the property industry.

Bank of Ireland to resist variable interest rate cut as AIB reduces rate to 3pc

BANK of Ireland is to hold firm and resist attempts to cut its variable rate.

Inflation up as car, health and home insurance costs increase

THE cost of insuring cars and commercial vehicles has gone up again.

Oil hits eight-month highs on U.S. inventory draw

Oil prices rose for a third day to hit their highest in about eight months on Wednesday, boosted by industry data showing a larger-than-expected drawdown in US crude inventories, worries about attacks on Nigeria’s oil industry and strong Chinese demand […]

State tipped to offload AIB and Bank of Ireland shares

The Government will potentially sell shares in both AIB and Bank of Ireland next year, specialist bank Investec has said.

Fiscal Council says State needs extra €6bn over next five years

The Government will need an extra €6bn over the next five years just to maintain current spending needs, the State’s budgetary watchdog has said.

1,700 homes promised a year ago – not one has been built

Local authorities have failed to build any of the 1,700 ‘shovel-ready’ social houses promised more than a year ago.

Ryanair ranked ninth biggest airline in world on Forbes list

RYANAIR has been ranked the ninth biggest airline in the world in the Forbes list.

Domino’s Pizza tapping in Euro 2016 takeaway market with creation of 600 jobs here

DOMINO’S Pizza is tapping into the Euro 2016 and Olympics markets with the creation of 600 jobs in Ireland and 10,000 roles in run-up to games.

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