IMF warns of 'significant downside' risks to euro zone (2017-07-27 00:15:00)
The International Monetary Fund has said the euro zone economic recovery is broad and strengthening, but warned that low inflation, fragile banks and Brexit remain significant risks.

McDonald's sees strong Q2 profits amid recovery in US (2017-07-27 00:15:00)
Fast food giant McDonald's has reported higher second-quarter profits behind strong comparable sales in key markets, including the United States.

Hyundai posts 48% drop in Q2 net profit on China snub (2017-07-27 00:15:00)
South Korea's top carmaker Hyundai has posted a 48% drop in second-quarter net profit as China retaliated against South Korean exporters over a new US missile defence system.

Switch console sales help Nintendo return to profit (2017-07-27 00:15:00)
Japan's Nintendo returned to profit in its first quarter, beating analyst estimates, due to strong demand for its Switch console.

Today in the press (2017-07-27 00:15:00)
The Irish Times reports that AIB has changed its mind on offshoring certain IT functions to India as part of its five-year outsourcing arrangement with Wipro.

PTSB CEO on the lender's approach to bad loans (2017-07-27 00:15:00)
Permanent TSB has reported a profit of €53m for the first half of the year, before exceptional items and tax is taken into account.

Mike Ashley wins High Court battle over £15m pub deal (2017-07-27 00:15:00)
Newcastle United owner and Sports Direct boss Mike Ashley has won a High Court battle with an investment banker over a £15m deal allegedly made in a London pub.

Tullow Oil makes post-tax loss of $309m (2017-07-27 00:15:00)
Tullow Oil made a loss after tax of $309m for the first half of the year, after what the company described as "continued challenging market conditions".

Brexit hits ITV ad revenue as profits fall (2017-07-27 00:15:00)
British broadcaster ITV has reported a fall in half-year sales and profits as advertising revenue continues to dip following the Brexit vote and economic uncertainty.

'Unsustainably high' bad loan levels hit PTSB shares (2017-07-27 00:15:00)
Permanent TSB shares have fallen more than 12% in Dublin after the lender said the number of non-performing loans on its books remains "unsustainably high

Central Bank has set aside €165m to deal with losses (2017-07-27 00:15:00)
The Central Bank has set aside €165m in its 2016 accounts to deal with potential losses from its bond-buying programme.

Unite crane drivers to resume controversial strike (2017-07-27 00:15:00)
Crane drivers belonging to the Unite trade union will resume strike action tomorrow in a dispute over pay, which is further complicated by a bitter inter-union row.

UK economy growth edges up by 0.3% in Q2 (2017-07-27 00:15:00)
The UK economy maintained its sluggish start to the year, despite growth accelerating in the second quarter thanks to a rebound from the services sector.

Hammerson profit boosted by Dundrum Town Centre revenue (2017-07-27 00:15:00)
Joint owner of Dundrum Town Centre owner Hammerson reported that its adjusted profit rose by 6% to £119.4m for the six months to June.

No confidence motion at Athlone Credit Union defeated (2017-07-27 00:15:00)
A motion of no confidence in the Board of Directors at one of the midland's largest credit unions has been defeated after a special general meeting of members.

Oil prices rise to near eight-week highs (2017-07-27 00:15:00)
Oil prices have risen to near eight-week highs today, as a fall in US inventories bolstered expectations that the long-oversupplied market was moving toward balance.

Lower tax rate boosts Ford's quarterly profit (2017-07-27 00:15:00)
Ford Motor has reported a better-than-expected quarterly net profit due to a lower tax rate and increased sales of more profitable pick-up trucks in the US market.

US Fed expected to keep interest rates unchanged (2017-07-27 00:15:00)
The US Federal Reserve is expected to keep interest rates unchanged later and possibly hint that it will start winding down its massive holdings of bonds as soon as September.

UK visits to Ireland continue to fall in Q2 - CSO (2017-07-27 00:15:00)
The number of visits to Ireland from the United Kingdom fell again in the three months to June, according to new figures from the Central Statistics Office.

Cairn Homes makes Irish stock exchange debut (2017-07-27 00:15:00)
Cairn Homes has taken up a listing on the main Irish stock exchange, the ISEQ.

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