A former solicitor has been charged with fraud totalling €2.8 million.
The European Central Bank kept its benchmark rate unchanged at a record low after policy makers assessed new economic forecasts.
The sale of the government’s remaining 14 per cent equity stake in Bank of Ireland “is a medium term issue rather than an immediate issue,” Finance minister Michael Noonan said today.
Britain’s Chancellor of the Exchequer George Osborne said the British economy will expand 1.4 per cent in 2013, up from the 0.6 predicted in March, the first growth-forecast upgrade since 2010.
UPDATE: Ireland is the best country in the world to do business in, according to a new survey by Forbes magazine.
Nama has selected Pepper Asset Servicing as its preferred bidder to provide services on the portfolio of personal loans that it is to acquire from the special liquidators to IBRC.
There is a sense of confidence surrounding the Irish economy but there is still a long way to go before we approach anything like normality, writes Jim Power.
The top stories in Thursday's newspapers.
Oil and gas explorer Providence Resources has been offered a new licensing option in the South Celtic Sea Basin by the Department of Communications, Energy & Natural Resources, it said.
The government should continue to press European colleagues to help with a funding solution to deal with tracker mortgages after the bailout exit, according to Goodbody Stockbrokers.
The Dublin-born boss of Australian carrier Qantas Alan Joyce is under fire after the airline posted a record first half loss.
Aer Lingus saw a 5 per cent decrease in the total number of passengers it flew in November compared to the same month in 2012.
Former Federal Reserve Chairman Alan Greenspan said Bitcoin prices are unsustainably high after surging 89-fold in a year and that the virtual money isn’t currency.
The Central Bank has identified a number of issues that need to be addressed by lenders to ensure that the solutions they are applying to increase mortgage lending are sustainable in the longer term, according to its new head of regulation.
The main business events this week
European stocks declined for a fourth day, their longest losing streak in more than five months, as better-than-expected US jobs data fueled concern the Federal Reserve will pare stimulus measures.
UPDATE: A €1.9bn capital package designed to allow the State to recoup money injected into Bank of Ireland has been successfully executed, according to the bank.€1.9
Nama has met its first major milestone, the redemption of €7.5 billion of Senior Bonds by the end of 2013, the agency said today in a statement.
Deutsche Bank and Royal Bank of Scotland Group are among six companies fined a record €1.7 billion by the European Union for rigging interest rates linked to Libor.
Ryanair passenger traffic grew by 6 per cent to over 5 million customers in November, it said in a statement today.
The Live Register recorded an annual decrease of 25,770, or 6.2 per cent, in November, according to the latest figures from the Central Statistics Office.
The top stories in Wednesday's newspapers.
UPDATE: Pfizer has announced that 150 jobs are to go at its giant pharmaceutical manufacturing plant in Newbridge, Co Kildare.
Tesco saw an 8.1 per cent slump in like for like sales in the third quarter, according to its latest interim management statement.
Governors of more than a dozen US states are hoping to convince Boeing to move production of its new 777X jetliner out of Washington, where union members rejected a labour contract that froze pensions.
Agri services group Origin Enterprises announced this morning its chief financial officer will leave the company to pursue other interests.
Microsoft said it’s selling every Xbox One player it can make, 11 days after introducing the new game console.
A US bankruptcy judge has ruled that the city of Detroit is not barred from slashing the pensions of retired city officials and that it had properly sought bankruptcy protection in July.
The main business events this week.
European stocks declined the most in three months as investors weighed valuations before US jobs data this week that may help gauge the timing of a reduction in Federal Reserve stimulus.
Ireland’s Exchequer deficit fell to €8.57 billion in the year to the end of November, compared to €12.96 billion in the same period last year.
Justice minister Alan Shatter has signed into a package of bankruptcy reforms aimed at making the process less punitive and costly for individuals.
European Union Economic and Monetary Affairs Commissioner Olli Rehn intensified his criticism of France, saying that it was falling behind other euro nations in restoring competitiveness.
Consumer sentiment fell in November mainly due to weaker perceptions of current household finances, according to the ESRI.
UK construction expanded at the fastest pace in more than six years last month, driven by a surge in housebuilding.
Nintendo’s prospects for meeting its profit and sales forecasts for this year are diminishing after Sony and Microsoft each sold more game consoles in 24 hours than the Wii U maker did in nine months.
The amount of money loaned out for house purchases continued to fall this year despite indications that the housing market is stabilising.
Ulster Bank has said that technical issues that left many of its customers without access to their accounts last night has been resolved this morning.
Microsoft has announced plans for a €170 million expansion of a major Dublin datacentre that the high tech giant uses to serve the European, Middle East and African markets.
BP won an appeals court order stopping some payments under a $9.2 billion settlement tied to the 2010 Gulf of Mexico oil spill.
AIB and Bank of Ireland said they are adequately capitalised following an assessment of their balance sheets by the Central Bank of Ireland.
Banks say they are adequately capitalised, Smurfit confirms Venezuelan govt inspection of subsidiary and Baxter Healthcare to cut 110 jobs.
Japan has reopened its beef market to Irish exports for the first time since 2001, making Ireland one of a select group of countries from which it imports beef.
New car registrations were down 22 per cent in November compared to the same time last year, the latest data from Motorcheck.ie shows.
Irish finance minister Michael Noonan said there was no great surprise in the result of Irish banks' balance sheet assessments, completed at the end of November.
Smurfit Kappa has confirmed that officials from the Venezuelan government have taken over a packaging plant owned by the comnpany, Smurfit Kappa Carton de Venezuela, in what it described as "a temporary intervention".
Euro zone manufacturing output expanded more than initially estimated in November, led by the currency bloc's two largest economies, Germany and France.
European shares were little changed, after logging a third month of gains in November, as investors awaited US manufacturing data.