Business: BreakingNews.ie

€23.5bn Bankia aid 'an investment', says bank president

BreakingNews.ie / TCM — Sun, 27 May 2012 16:09:21 GMT

The president of troubled Spanish lender Bankia has said the €23.5bn bailout it will receive from the state should be treated as an investment to make profit for the Spanish government, and not as a loan.

BSkyB 'considering UK mobiles move'

BreakingNews.ie / TCM — Sun, 27 May 2012 14:49:20 GMT

Satellite broadcaster BSkyB is understood to be considering a move on Britain’s mobile phone market.

Prostate cancer drug Zytiga rejected for use in Ireland

BreakingNews.ie / TCM — Sun, 27 May 2012 11:33:46 GMT

A new prostate cancer treatment has been rejected for use in Ireland.

Spanish bank seeking €19bn bailout

BreakingNews.ie / TCM — Sat, 26 May 2012 08:44:18 GMT

The board of directors of the troubled Spanish bank, Bankia, says it has agreed to ask for €19bn in state funds.

Spanish bank seeking €19bn bailout

BreakingNews.ie / TCM — Fri, 25 May 2012 19:35:36 GMT

The board of directors of the troubled Spanish bank, Bankia, says it has agreed to ask for €19 billion in state funds.

ISEQ up at close

BreakingNews.ie / TCM — Fri, 25 May 2012 18:52:53 GMT

The ISEQ index of Irish shares closed up 1.21% to 3091.

FTSE flat as US consumer confidences offsets Euro fears

BreakingNews.ie / TCM — Fri, 25 May 2012 18:05:22 GMT

London’s leading index was broadly flat today as fears over Europe’s banks were offset by a strong consumer confidence survey on the other side of the Atlantic.

DAA reports 1% rise in overall traffic for 2011

BreakingNews.ie / TCM — Fri, 25 May 2012 15:46:43 GMT

Passenger numbers have grown by 1% to 22.7m at Irish airports over the past year, according to results published today by the Dublin Airport Authority (DAA).

Taoiseach in Cork to launch €100m distillery expansion

BreakingNews.ie / TCM — Fri, 25 May 2012 15:33:32 GMT

Taoiseach Enda Kenny has turned the sod on a new €100m expansion of the Jameson whiskey distillery in Midleton, Co Cork.

Co Down guitar maker goes into liquidation

BreakingNews.ie / TCM — Fri, 25 May 2012 15:31:51 GMT

A guitar manufacturer in the North which made instruments for some of music’s most famous artists is going into liquidation, it was revealed.