UTV Ireland sale receives ministerial approval as ITV deal edges closer

UTV, a commercial television broadcaster, has received ministerial approval for the sale of UTV Ireland to ITV for £100m.

European car market up 6.3pc in January as Volkswagen sales fall 4pc

European car sales rose 6.3pc to 1.1m vehicles last month, industry data showed, even as Europe’s largest carmaker, Volkswagen, saw registrations of VW-branded cars fall 4pc in the wake of a diesel emissions scandal.

KBC Ireland to reduce interest rates on business deposit accounts

KBC Bank Ireland is to reduce variable interest rates on its business Smart Access Demand accounts and its Standard Demand Deposit account.

Starwood partner with Chartered Land in €35m development of D4 work-live campus

Starwood Capital, the real estate investment firm, is to partner with Chartered Land, an Irish commercial property developer, on a €35m development of D4-based office-residential campus, Elm Park.

Ulster Bank agrees pay increases for Irish staff

Bank’s employees could see salary rises of up to 8%

Glanbia to double capacity at Wexford plant with €35m investment

Glanbia, the global performance nutrition group, is to double milking capacity at its Wexford plant with a €35m investment.

Developer Gerry Gannon plans to build 84 Dublin homes

Apartments and townhouses project in Clongriffin, north Dublin, to cost €20m

Shannon Foynes Port has near record-breaking year for trade

Port company handled 11.1m tonnes in 2015, up 1m tonnes from previous year

Oil reverses gains on signs Iran will not back output freeze

Oil prices fell, reversing gains earlier in the session, on signs that Iran will not join in a deal between Saudi Arabia, Russia and other producers to freeze oil output at January levels, keeping the current oversupply in place.

European shares rise as energy and mining stocks climb

European stock markets rose on Tuesday, helped by stronger energy stocks which gained ground as oil prices surged on the possibility of output cuts.

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