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House price increases in OECD countries have accelerated by 4% this year - but can this be sustained?

The housing market acts as the canary in a coal mine — prices tend to fall as a wider economic downturn looms. But this year, with a deep global rece(...)

Ryanair and Aer Lingus are cutting further flights from regional airports as Covid-19 travel restrictions decimate bookings, the airlines told politic(...)

Permanent TSB announced this week that it is selling €1.4bn of boom-time, interest-only buy-to-let mortgages to Citigroup. File photograph: Alan Betson/The Irish Times

Irish banks’ old problems haven’t gone away. As the sector faces into a fresh surge in bad loans, with thousands of businesses and households set to r(...)

Traders work in desk pods on the trading floor inside the Frankfurt Stock Exchange, operated by Deutsche Boerse AG, in Frankfurt, Germany . Photographer: Thorsten Wagner/Bloomberg

European stocks extended losses on Tuesday as worries about the economic fallout of tighter coronavirus restrictions on the continent overshadowed so(...)

PTSB will receive the €1.2 billion net value of the portfolio. Photograph: Alan Betson

Permanent TSB chief executive Eamonn Crowley has dampened speculation it could emerge as a “white knight” merger partner for Ulster Bank in the Republ(...)

European shares held steady on Wednesday, underpinned by gains for Wall Street futures, following losses the day before on vaccine trials and a stimul(...)

Bank of Ireland shares fell 4.5 per cent to €1.82. Photograph: Carl de Souza/AFP/Getty Images

European stocks fell on Tuesday, with banks standing out as a weak spot, amid fresh fears over the timeline to a Covid-19 vaccine, uncertainties over (...)

Traders on the floor of the New York Stock Exchange. Photograph: Richard Drew/AP

European shares hit a five-week high on Monday as optimism about a stable economic recovery in China and hopes of more US fiscal stimulus helped offse(...)

An Exxon petrol station in Arlington, Virginia. Photograph: Jason Reed/Reuters

Oil giant Exxon Mobil has been having a tough time of it lately. Shares recently fell in 18 out of 19 trading days – the worst losing streak in the pa(...)

Shares in Cineworld, which operates the Regal chain in the US alongside Cineworld and Picturehouse in Europe, were down 40 per cent in early afternoon trading in London on Monday. Photograph: Cyril Byrne/The Irish Times

Cineworld will close all its Irish, UK and US cinemas indefinitely, threatening tens of thousands of jobs, after the long-awaited next instalment in t(...)

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