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Asmussen seeks end for zombie banks

ECB board member call for a European bank wind-up fund financed by a banking levy

Aer Lingus is seeking a court ruling that no Ryanair bid could be launched before February 2014. Photograph: Frank Miller Aer Lingus spent €40m in thwarting Ryanair takeover bids

Commercial Court to hear Aer Lingus action seeking to prevent another takeover move

Legal services 'a drag on Ireland's competitiveness'

Message is contained in the Commission’s unpublished spring 2013 review of Ireland’s bailout programme

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Stop using the future as an excuse for inaction on the US economy

John McManus John McManus - Business Editor

Why good business finds it so easy to do bad things

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A cup of tea may be the best way to engage employees

Dan O'Brien Dan O'Brien - Economics Editor

Irish property market has hit bottom, probably

Business News

European Union car sales in May fell to a 20-year low as rising joblessness contributed to falling demand at PSA Peugeot Citroen, Renault and General Motors. Photo: Bloomberg EU car sales at 20-year low

Rising joblessness contributed to falling demand at PSA Peugeot Citroen, Renault

Asmussen seeks end for zombie banks

ECB board member call for a European bank wind-up fund financed by a banking levy

An Airbus A320, one of the models to be ordered by Apollo. Photograph: Pascal Rossignol/Reuters Aircraft specialist Apollo announces purchase plan

Dublin-based leasing group buying aircraft and engines for lease to airlines

Pension trustees have seen their deficits widen in recent years, mainly owing to circumstances outside their control. Apart from retirees living longer, a low interest rate environment has the effect of increasing the present value of future liabilities. Falling stock markets have not helped either. Pension deficits are no longer a matter for shareholders to be relaxed about

Pension fund deficits are a problem for potential acquirers – shareholders and investors take note

Aer Lingus is seeking a court ruling that no Ryanair bid could be launched before February 2014. Photograph: Frank Miller Aer Lingus spent €40m in thwarting Ryanair takeover bids

Commercial Court to hear Aer Lingus action seeking to prevent another takeover move

Telefonica says it has not received any verbal or written approach from AT&T. Photograph: Reuters Telefónica shares rise on talk of interest from AT&T

Telecoms group forced to deny reports of takeover approach

Statistics released by the Central Bank earlier this month showed that mortgage lending fell by 1.9 per cent in the year to March 2013 Moody’s figures show rising mortgage distress

Slowing in rate of early stage delinquincies

Offices and apartments at Grand Canal Dock, Dublin. Photograph: Eric Luke Property still the main store of wealth for Irish

Survey finds low levels of investment In business or financial products

A pedestrian walks past a brokerage in Tokyo where stocks fluctuations have affected investors in recent times. Photograph: Reuters/Yuya Shino Does gut instinct betray us when it comes to investing?

Understanding how your personality affects the financial choices you make can save you a significant amount of money

Asia Briefing: Urbanisation seen as answer to economic questions

Asia Briefing : Cultural differences hold back M&A market

Asia Briefing: Boots and Walgreen players in consolidating pharma retail market

Opinion & Analysis

US president Barack Obama in Belfast this week. Photograph: Paul Faith/Getty Images Obama shows NI is open for business
Minister for Finance Michael Noonan stated that our banks wouldn’t need any new capital as a result of the stress tests as they have sufficient buffers in place. Cantillon: Noonan and Elderfield on the same page in an inglorious chapter
Setting up the National Pension Reserve Fund was one of Charlie McCreevy’s better decisions as minister for finance. Photograph: Frank Miller Stimulus fund does not alter Government’s fiscal stance

Popular in Business

Legal services 'a drag on Ireland's competitiveness'
Asmussen seeks end for zombie banks
Aer Lingus spent €40m in thwarting Ryanair takeover bids
Aircraft specialist Apollo announces purchase plan
EU car sales at 20-year low

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Edmond Harty, founder of Dairymaster, overall winner of last year’s Ernst & Young Entrepreneur of the Year Awards
Entrepreneur of the Year Twenty-four businesses are shortlisted for this year’s Ernst & Young awards
 
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