Mixing tequila and Irish whiskey appears to go down well with bondholders. JB & Cia, the 250-year-old Mexican owner of Jose Cuervo, sold $500 mill(...)

Fitch said the business transformation and stabilising revenue outlook in Eircom  “is a significant achievement in a sector where top-line declines and margin pressure remain a risk. Photograph: Eric Luke/ The Irish Times

Ratings agency Fitch has upgraded Eircom’s default rating to B, and given it a stable outlook.The “B” rating indicates “that material default risk is (...)

President Shinzo Abe’s decision to delay a sales tax hike to 10 per cent  has made it difficult to eliminate the primary budget deficit in fiscal 2020

Fitch Ratings downgraded Japan’s credit rating by one notch after the government failed to take steps in this fiscal year’s budget to offset a delay i(...)

Fitch said that the European Central Bank’s quantitative easing programme is likely to support home price recovery, “partially offsetting the impact of the new mortgage lending regulation”. (Photograph: Brenda Fitzsimons / The Irish Times)

The Central Bank’s new mortgage lending rules will likely lower credit growth, but will only have a “limited impact” on home price recovery, rating(...)

Unemployment will fall below 10 per cent next year as the Republic’s economy continues growing, according to ratings agency Fitch.

Unemployment will fall below 10 per cent next year as the Republic’s economy continues growing, according to a multinational agency that rates countri(...)

Bangladeshi labourers:  while Bangladesh is one of the world’s poorest countries its  gross domestic product grew 6.1 per cent in 2014. Photograph:  Munir uz Zaman/AFP/Getty Images

Bangladesh, one of the world’s poorest countries, is not necessarily a place you would think of when exploring future possibilities in south Asia. In (...)

Investors fear that PM Alexis Tsipras and his new government’s anti-austerity stance will jeopardise liquidity. Photograph: Matt Cardy/Getty Images

European stocks were little changed as companies led by the Nordic region’s Nordea Bank and Sweden’s Electrolux advanced on positive earnings reports(...)

The airline will take delivery of 380 new aircraft from US manufacturer Boeing over the next nine years, by which time it says it will be the world’s biggest airline

Ryanair is hoping to fly 100 million passengers in its next financial year, according to one of its most senior executives.The Irish airline expects (...)

Greek prime minister Antonis Samaras. Greek parliament  formally dissolved ahead of the January 25th election. Photograph: Alexandros Vlachos/EPA

Greece has formally dissolved parliament ahead of a general election on January 25th. The election has cast the country’s international bailout into d(...)

Unemployment in the Republic could fall to 9.7 per cent in 2016 from 11.2 per cent this year, analysts with ratings agency Standard & Poor’s have said. Photograph: Frank Miller

Unemployment could slip below 10 per cent within the next two years on the back of continued growth, according to an assessment of the Republic’s e(...)