Business: BreakingNews.ie

Co-op Group hears that capitalist models 'not the answer'

BreakingNews.ie — Sat, 18 May 2013 14:31:49 GMT

“Traditional capitalist models” were not working and an alternative is needed, members of the UK's Co-operative Group were told today at its AGM.

IBRC liquidators given more time to sell loan book

BreakingNews.ie — Sat, 18 May 2013 08:29:21 GMT

The Irish Bank Officials Association has welcomed news that extra time has been given to the special liquidators of IBRC to sell its multi-billion euro loan book.

FTSE returns to winning ways

BreakingNews.ie — Fri, 17 May 2013 18:26:36 GMT

Buoyant banks helped the FTSE 100 Index return to winning ways as shares in state-backed Lloyds Banking Group passed a key threshold today.

Cameron to meet Google chief over tax fiasco

BreakingNews.ie — Fri, 17 May 2013 12:41:19 GMT

Google executive chairman Eric Schmidt will meet David Cameron next week, just days after the internet giant was mauled by a Commons committee over its tax affairs.

Irish firms secure €17m of investments on Enterprise Ireland trip

BreakingNews.ie — Fri, 17 May 2013 11:14:16 GMT

Irish companies on a trade mission to the Czech Republic and Poland haved signed contracts with a potential value of €17m.

Singapore down, Hong Kong markets unchanged

BreakingNews.ie — Fri, 17 May 2013 09:34:12 GMT

HONG KONG: The Hang Seng index closed unchanged at 23082.7.

EMC urges colleges to create 'Big Data' courses

BreakingNews.ie — Fri, 17 May 2013 07:54:49 GMT

EMC has urged colleges to create more 'Big Data' programmes as experts predict millions of new jobs in analytics over the coming years.

Fed comments spark gloom on US market

BreakingNews.ie — Fri, 17 May 2013 01:30:08 GMT

Signs of a slowing economy combined with comments from a Federal Reserve official helped pull the US stock market down yesterday.

Virgin boss vows return to profits

BreakingNews.ie — Thu, 16 May 2013 16:01:48 GMT

Virgin Atlantic’s new boss vowed to get the airline back in profit within two years after it reported more big losses today.

Encouraging figures for Aviva's new boss

BreakingNews.ie — Thu, 16 May 2013 11:03:52 GMT

Aviva’s new boss offered some encouragement for beleaguered investors today after seeing a solid start to the insurer’s new financial year.