New contract wins have helped Capita Asset Services Ireland increase its assets under management by more than € 8 billion this year. Photograph:  Chris Ratcliffe/Bloomberg

Business processing group Capita Asset Services expects to employ 200 additional staff in Ireland over the next two years to meet increased levels of (...)

Volkswagen cars at the Frankfurt Show yesterday: the car manufacturer has been ordered to recall nearly half a million of its vehicles in the US. Photograph: Ralph Orlowski/Reuters

The European car industry was shaken yesterday after Volkswagen’s share price fell almost 20 per cent over its admission that it cheated on US emissi(...)

Sinn Fein leader Gerry Adams:  Moody’s are not ruling out the prospect of Sinn Féin in government

The decision of Moody’s to upgrade its outlook for the Republic from stable to positive last week will no doubt bolster the sense of self-satisfaction(...)

Fitch said among the key ratings drivers behind the status revision was the strengthening recovery of domestic demand and favourable financing conditions.

The credit ratings agency Fitch has revised its outlook for Ireland to positive from stable, affirming its long-term rating at A-. It cited “strengthe(...)

Ratings agency Fitch is expected to publish its latest ratings upgrade on Ireland on Friday evening, on the back of strong economic data. In its last(...)

While Fitch does not see an impact on residential-mortgage-backed securities, it did recently warn that the introduction of legislation on standard variable rates could be highly damaging for financial institutions

The introduction of legislation that would force Irish banks to reduce Standard Variable Rates (SVR) on home loans would not affect the ratings of res(...)

An investor smiles as she walks past an electronic board showing stock information at a brokerage house in Fuyang,  China, yesterday. Photograph: Reuters

China’s recent equity market crash and subsequent rocky recovery has investors worried about too much volatility, although most analysts believe the m(...)

RBS is seeking to have the US court case over its handling of mortgage securities dismissed, arguing the suit filed in 2011 came too late.

US regulators have told Royal Bank of Scotland it could pay as much as $13 billion if it loses a lawsuit over its handling of mortgage securities. The(...)

Despite the threat of sanctions, most of the country’s lenders have made only minor tweaks to standard variable rates

The introduction of legislation that would force Irish banks to reduce Standard Variable Rates (SVR) on residential mortgages could be highly damaging(...)

European Commission vice-president Valdis Dombrovskis: European taxpayers had offered “unprecedented financial assistance” to Greece. Photograph: François Lenoir/Reuters

Euro zone finance ministers and leaders gather in Brussels today for a series of emergency meetings on Greece that are likely to prove decisive in th(...)