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RTÉ News - Business Headlines
Latest Irish and international news supplied by RTE.ie
Whelan & McAteer guilty on ten Anglo loan counts
Patrick Whelan and William McAteer have been found guilty of ten charges in the Anglo Irish Bank trial.
75,000 drivers at risk as insurance firm collapses
Up to 75,000 van and car drivers are being advised by the Central Bank to purchase a new motor insurance policy immediately following the collapse of Setanta Insurance.
Mount Wolseley resort seeks court protection
Mount Wolseley Hotel and Golf Resort, which owes various banks ?60m, has asked the High Court for protection from its creditors long enough to put a rescue plan in place and save up to 175 jobs.
Credit Union survey sees early signs of recovery
The first signs of a possible economic recovery have become visible over the past 12 months, according to the head of the Irish League of Credit Unions.
Broad welcome for new public tendering guidelines
Business representative groups have welcomed the introduction of new public procurement guidelines which are designed to make it easier for small businesses to bid for public sector contracts.
Diageo reports small sales increase over 9 months
Drinks group Diageo has reported a small increase in sales over the past nine months thanks to strong performance in North and South America.
Food testing firm AltraTech gets ?900k investment
Co Clare-based AltraTech Ltd has secured a ?900,000 investment to aid development of its food testing technology.
Nestle strikes competition deal over Nespresso
Nestle has agreed to measures designed to make it easier for rival companies to produce capsules compatible with Nespresso-branded coffee makers.
No evidence of fraud at 'turnaround' unit - RBS
Royal Bank of Scotland has said an independent review by law firm Clifford Chance has found no evidence that it set out to defraud its business customers.
Britain's Co-Op Group announces £2.5bn annual loss
Britain's Co-operative Group has announced annual losses of £2.5 billion after suffering the worst crisis in its history following the near-collapse of its banking arm.
BBC News - Business
The latest stories from the Business section of the BBC News web site.
Co-op Group reports £2.5bn loss
The Co-operative Group reports losses of £2.5bn, the worst results in its 150-year history, after what its chief executive calls a "disastrous" year.
Ex-BP worker fined over shares trade
A BP employee who oversaw the cleanup of the Deepwater Horizon oil spill in 2010 agrees to settle a charge of insider trading.
Pensioners could get death estimate
Retirees could be told how long they are likely to live after stopping work, says pensions minister Steve Webb.
Barnes & Noble founder offloads $64m
Barnes & Noble chairman trims his stake in the bookstore company to 20% by selling shares worth $64m.
Lamb takeaways 'often another meat'
Takeaway owners are to face a new testing programme, after a watchdog found nearly a third of lamb takeaways it checked contained a different meat.
Anglo Irish bank pair found guilty
Two former Anglo Irish bank chiefs have been found guilty of making loans designed to illegally prop up the bank's share price.
UK housing market 'shows resilience'
The "resilient" UK housing market recorded another increase in mortgage lending in March, according to a lenders' group.
Weibo shares surge on US debut
Shares in China's largest Twitter-like service, Weibo, went up by almost 20% on the first day of its listing in the US, despite a disappointing start.
US banking giants see mixed results
US banking giant Goldman Sachs reports a drop in net earnings while Morgan Stanley sees profits jump.
London Market Report
The pound hits its highest level in more than four years against the US dollar.
Business: BreakingNews.ie
Ireland's premier breaking news website providing up to the minute news and sports reports.
250,000+ passengers to pass through Dublin Airport this weekend
More than a quarter of a million passengers are expected to pass through Dublin Airport this Easter bank holiday weekend.
Barclays set to axe hundreds of jobs
Barclays looks set to axe hundreds more jobs, mainly at its investment banking arm, as a result of a strategic review which will report within weeks.
SKODA Ireland Q1 sales up 26%
SKODA Ireland have announced a 26% rise in their sales figures from 2013.
Thousands without cover as Setanta Insurance goes into liquidation
Setanta Insurance has gone into liquidation, leaving 75,000 Irish motor policy holders potentially without insurance cover.
Survey shows rise in number of adults with less than ?100 disposable income
There has been a sharp rise in the number of adults who have ?100 or less left each month after bills have been paid, according to a new report.
Xtra Vision to enter video streaming market
The head of Xtra Vision has revealed plans to take on the likes of Netflix with a video-on-demand service.
Fired Yahoo! CEO gets $58m payoff
Yahoo?s recently fired chief operating officer left the internet company with a severance package of $58m (?42m) even though he lasted just 15 months on the job.
Landmark Media Investments Ltd announcement
Investment in new editorial production, advertising and finance systems at the publishing group Landmark Media Investments ("the Group"), which employs approximately 560 people, will facilitate the Group?s business re-engineering project through work practice changes and centralisation of services.
Starbucks moving European HQ to the UK
Starbucks is moving its European headquarters from the Netherlands to the UK by the end of the year.
Burberry lifted by Chinese demand
Burberry?s departing chief executive Angela Ahrendts is set to leave the group on a high after seeing no let-up in demand from Chinese consumers.
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