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RTÉ News - Business Headlines
Latest Irish and international news supplied by RTE.ie
Weaker inflation could prompt ECB 'asset-buying'
The ECB could embark on a broad-based asset purchase programme in the event of a worsening of the euro zone inflation outlook, Mario Draghi said today.
An Post holds 16% of Irish personal savings
An Post has posted its annual report for 2013, showing its State Savings fund grew by ?1.9bn last year and is now worth more than ?18bn - more than 16% of all personal savings in the country.
Very low approval rate for mortgage-to-rent scheme
A scheme to allow people with unsustainable mortgages give up ownership of their homes and rent them instead has seen less than 2% of applications approved.
New IDA buildings for Athlone and Waterford
The IDA - often criticised for having a city bias - has announced it is to develop new buildings in Waterford and in Athlone.
Apple's quarterly revenue beats expectations
Apple has approved another $30 billion in share buybacks until the end of 2015 and authorised a rarely seen seven-for-one stock split.
Facebook quarterly profits nearly triple to $642m
Facebook profits nearly tripled in the first quarter to $642m on a 72% surge in revenues, helped by strong gains in mobile users and mobile advertising.
Ulster Bank says NI glitch has been resolved
A technology glitch at Ulster Bank has been resolved and customers affected will be reimbursed overnight.
S&P eyes 'uncertainties' in independent Scotland
Standard & Poor's said there were "important considerations and uncertainties" that factored into the creditworthiness of banks should Scotland vote to end its union with England.
House rebuild costs increase in 2014
National average house rebuilding costs increased this year, according to the latest House Rebuilding Cost Guide, published by the Society of Chartered Surveyors Ireland (SCSI).
German business confidence rises in April - Ifo
German business confidence rebounded this month after a slight fall in March in Europe's biggest economy when companies worried about the Crimea crisis.
BBC News - Business
The latest stories from the Business section of the BBC News web site.
Labour to cut ties with Co-op Bank
The Labour Party is looking to sever its links with the troubled Co-op Bank, bringing to an end one of the oldest political partnerships in the UK.
Cost of recalls hits GM profits
General Motors sees first quarter profits hit by a $1.3bn charge to cover the cost of a huge recall of cars over defective ignition switches
Standard Life votes against Barclays
Standard Life Investments, a key institutional shareholder, votes against Barclays' plan to award higher bonuses to bankers despite a 30% fall in profits.
Facebook earnings surge on mobile ads
Social networking giant Facebook reports better than expected profits, as a surge in mobile advertising helps boost its revenues.
Unison to ballot over 1% pay offer
Unison is to ballot local government workers and school staff in England for strikes after members rejected a 1% pay offer, the public sector union says.
Apple profits beat expectations
Technology giant Apple plans a share buyback after it reports profits of $10.2bn, selling a more than 43 million iPhones in the second quarter of 2014.
Further IT problems for Ulster Bank
Ulster Bank, a subsidiary of RBS, reports problems with its computer systems, as some customers are debited twice for cash machine withdrawals.
UK car production rises in March
UK carmakers increased production in March, helped by demand from Europe and after a number of firms finished upgrading their plants for new models.
Alstom shares jump on GE bid report
Shares in French engineering company Alstom jump after a report that US multinational General Electric is in talks to buy Alstom for $13bn.
Governments clash over pension costs
The Scottish government disputes UK government claims about future pension costs in an independent Scotland.
Business: BreakingNews.ie
Ireland's premier breaking news website providing up to the minute news and sports reports.
Ulster Bank apologises for latest IT glitch
Ulster Bank has apologised to customers after its troubled IT system experience yet another glitch.
IDA signs contracts for advanced technology buildings
IDA Ireland has signed contracts for two new advanced technology buildings in the Midlands and South East.
Gains for Asian markets
HONG KONG: the Hang Seng index closed up 53.2 at 22562.8.
Lakeland Dairies announces 9% increase in operating profit
Dairy processing co-operative Lakeland Dairies has reported a 15% increase in revenues to ?545.5m for 2013, yielding an operating profit of ? 11.7m, up by 9% on the previous year.
Revenue rise for Apple
Technology giant Apple has experienced a revenue boost compared to the same time last year, its quarterly figures have shown.
Increase in mobile advertising revenue boosts Facebook shares
Social network giant Facebook reported soaring profits during the first quarter of 2014, driven by a major surge in advertising revenue.
Losses for European markets
The FTSE-100 index at the close was down 7.02 at 6674.74 today.
Barclays bosses to face shareholder fury
Barclays bosses will face more shareholder anger over pay tomorrow when the banking giant holds its annual general meeting in London.
Penneys heads stateside
Primark is opening stores in the north east of the USA.
New London-Dublin route announced by FlyBe
The airline Flybe is to start new domestic routes from London City Airport to Dublin from this October.
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