Business News Ireland

Positive statement from United Drug

United Drug has issued a positive trading statement covering the start of its financial year....

Lloyds Bank to axe 1,000 more jobs

Lloyds Banking Group is to axe almost 1,000 jobs and close three offices the UK in a “devastating” blow to workers, one of the staff unions said today....

CSO: New car sales rise 6.5%

New Central Statistics Ooffice figures show 14,507 new private cars were licensed in January....

Dublin Port exports rise as imports fall

Dublin Port Company's trade figures for 2011 published today show total throughput in 2011 was down 0.1% to 28.1m tonnes from last year's figures....

Galway Airport bosses meet bank over rescue package

Today is 'D-Day' for the financially crippled Galway Airport, as management at the facility meet with officials from the Department of Transport and Bank of Ireland....

Euro 'could survive Greece exit'

Greece leaving the eurozone would not be a disaster for the other single members, a European Union commissioner said today....

BP increases shareholder payout

BP signalled a further step in its recovery today by hiking its payout for shareholders for the first time since the Gulf of Mexico oil spill....

Car giant unfazed by profit slide

Toyota is reporting that quarterly profit slid 13.5% but is confident enough in a recovery to raise its forecast for annual profit....

UBS reveals fall in net profit

Switzerland’s biggest bank UBS AG has reported a net profit of 393 million Swiss francs (425 million US dollars) in the fourth quarter of 2011 in the wake of a two-billion US dollar rogue trading scandal....

Stocks muted amid Greek deadlock

Asian stock markets were muted today as talks dragged on to resolve a massive debt mess in Greece before it explodes into a wider financial crisis....

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