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Irish software firm bought by NASDAQ listed Amdocs

Irish software start-up company Brite:Bill has been bought by NASDAQ listed Amdocs in the latest successful exit for Irish venture capital investors.

Irish economy grew by 0.6pc in the second quarter – CSO

The Irish economy grew by 0.6pc in the second quarter of the year, according to CSO figures released this morning.

Porsche is sued over Volkswagen emissions scandal

Porsche SE, the main shareholder of Volkswagen, is facing lawsuits from investors claiming the firm did not disclose the financial risks of VW’s emissions scandal uncovered a year ago.

Oil glut now forecast to continue into next year

OPEC raised its forecast of oil supplies from non-member countries in 2017 as new fields come online and US shale drillers prove more resilient than expected to low prices, pointing to a larger surplus in the market next year.

Shares fall as sterling hits owner of Primark

Shares in Primark owner ABF plunged over 10pc yesterday as it revealed that weakened sterling has gouged a £200m (€237m) deficit in its pension scheme.

Banks will set own targets to sort out loans under ECB plan

The high volume of cases and the slow pace of repossessions through the courts here are a challenge to efforts to resolve problem debt, according to a cross-country comparison of problem loans.

Has the trend for luxury brands reached its peak?

There was a time when branding was confined to ‘pesky’ steers in cowboy movies, but now it seems, everyone wants to be branded – be it labelled footwear, logo-ed beachwear, or Abercrombie & Fitch emblazoned over one’s manly chest; it […]

Public to be asked how banks should deal with problem loans

A working group led by the Central Bank of Ireland’s Sharon Donnery has launched a public consultation on how banks across the Eurozone should best deal with problem loans.

Investors concerned by FF bill on mortgages

Fianna Fáil’s proposed legislation which would enable the Central Bank to regulate mortgage interest rates has sparked concern among investors, the Department of Finance has claimed.

Ryanair will force flyers to sign up to app for tickets

All passengers flying with Ryanair could soon have to sign up for the airline’s ‘myRyanair’ programme before being able to book tickets, and the change might be introduced as early as next year, according to chief executive Michael O’Leary.

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