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ECB president Mario Draghi told the Oireachtas the high interest rates were largely down to the fact the State has a “quasi-monopoly” banking market that is “not competitive”

European Central Bank (ECB) president Mario Draghi did his homework before he became, on Thursday, the first sitting head of the organisation to appea(...)

Great-West Lifeco wants to increase the size of its portfolio to about CAN$50 billion

Irish Life owner Great-West Lifeco is planning to double the size of its property portfolio within the next decade and is actively looking at buying a(...)

Clonmore, on Shrewsbury Road in Dublin: reported selling price a lacklustre outcome for top site on exclusive street

The developer Paddy Kelly says his Shrewsbury Road home, Clonmore, is sale agreed for €8.1 million just a month after being put on the market by its r(...)

President Donald Trump speaks at a press conference in the East Room of the White House in Washington on November 7th. Photograph: Erik S Lesser/EPA

US president Donald Trump has warned House Democrats he won’t co-operate with them if they launch investigations against him, adding they would risk p(...)

Riskier assets were in favour on Wall Street in early afternoon trading. Photograph: Bloomberg

Stock markets rose globally on Wednesday as investors cheered the outcome of the US midterm elections, which, in delivering a gridlocked Congress, eas(...)

Sharon Donnery, deputy governor of the Central Bank, surprised Government officials when she put her name forward in August to lead the ECB’s Single Supervisory Mechanism. Photograph: Nick Bradshaw

Central Bank deputy governor Sharon Donnery has been beaten by an Italian economist in a competition to become the next chair of the European Central (...)

Hiring seniors is a good deal for fast-food chains. They get years of experience for the same wages

The sullen teenager grinding through a restaurant shift after school was once a pop culture clichés American as curly fries. Nowadays, Brad Hamilton, (...)

Corrections are par for the course in bull markets, but investors are understandably spooked by the scale of the selling. The S&P 500 went 28 consecutive days without registering back-to-back gains. Photograph: Getty Images

Well, that was ugly. October, that is. The S&P 500’s 6.9 per cent fall was its biggest monthly decline in seven years, while things were even more(...)

NTMA chief executive officer Conor O’Kelly at a press briefing in the Treasury Building on Grand Canal Street.

The National Treasury Management Agency (NTMA) is to auction €750 million of bonds on Thursday. The State’s debt office will sell two bonds, one of w(...)

According to Danske bank’s updated factbook, it lost about 8,000 customers in Denmark last quarter, as Danes learned the full scope of the laundering scandal

Danske Bank’s interim chief executive said that it was too early to assess what damage Denmark’s largest lender had sustained from a €200 billion mone(...)

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