The value of Irish exports increased by €1 billion in May, preliminary figures from the Central Statistics Office show. Photo: Bloomberg

Latest figures from CSO show country’s trade surplus rose by 18 per cent to €3.3 billion

Pizza Express, which owns Milano in Ireland, has been sold to Chinese private equity firm Hony Capital for £900m.

Transaction said to be the largest in the European restaurant sector in the past five years

AIB has named British banker Richard Pym as its new chairman.

Co-Operative Bank chair will take up AIB role in October, replacing David Hodgkinson

Futurist Prof James Woudhuysen pictured at the Fujitsu World Tour which took place last week in the Convention Centre Dublin. photograph: conor mccabe

Futurist’s vision of the world where houses can be built in a day. All that’s holding us back is a fear of the future

Tom Nimmo, Alex Depledge and Jules Coleman, founders of home cleaning start-up cleans up with $6 million investment from Accel Partners

Michael Donnelly: consultancy capacity

ECB president to address the Committee for Economic and Monetary Affairs today

American Airlines: results today. Photograph: Mike Fuentes/Bloomberg
For you diary

A round-up of business events happening this week

Outside JPMorgan’s offices at Canary Wharf in London: the bank has warned that its revenue could slump by 20 per cent in the second quarter of this year. Photograph: Chris Ratcliffe/Bloomberg

Citi, JPMorgan, Goldman Sachs, Bank of America and Morgan Stanley report this week

 Irish households have €40bn in deposit accounts according to new Central Bank figures. Photo: Bloomberg

Households are earning an average interest rate of 0.24 per cent, lower than rate of inflation

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