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Deal with troika on asset sale proceeds
The Government and the troika have agreed on the sale of State assets worth up to ?3 billion.

Euro figures revive recession fears
A closely watched survey has shown that the euro zone's service sector shrank unexpectedly this month.

NAMA claims that Treasury can't be rescued
The Treasury Holdings Group of companies is insolvent, according to the National Asset Management Agency.

Lower Dell outlook fuels PC fears
Dell has forecast that its revenue for its first financial quarter will be below Wall Street expectations.

Euro weakness biting China output
A new report shows that China's manufacturing activity continued to fall in February.

Readymix agrees deal with Spain's Cemex
Readymix has said it is recommending its shareholders to accept a takeover offer from Spain's Cemex group.

Peugeot in tie-up talks with GM
PSA Peugeot Citroen is in talks with US giant General Motors on forming a "strategic partnership".

Major AIB art works to go to State
AIB is to donate 39 of its most valuable pieces of art to the State.

Oil hits new nine-month highs on Iran fears
World oil prices jumped to new nine-month highs, driven by fresh geopolitical worries over key crude producer Iran.

Greece rushes to clear austerity measures
Greece is trying to push through a batch of emergency laws that will further cut incomes and state spending.

Obama wants to cut corporate tax rate to 28%
US President Barack Obama today unveiled plans to lower the top corporate tax rate to 28% and choke off lucrative loopholes.

Clearing house cuts margin on Irish bonds
Clearing house LCH.Clearnet has cut the cost of using Irish government bonds to raise funds to 15% from 25%.

Microsoft files EC complaint against Motorola
Microsoft has filed a complaint against Motorola Mobility with the European Commission.

US second hand homes sales jump
Sales of previously occupied US homes surged in January, as buyers took advantage of depressed prices and low borrowing costs.

Shell offers £992m for Cove Energy
Royal Dutch Shell has made a £992.4m bid for Mozambique-focused Cove Energy.

Peacocks sold but 3,000 jobs to go
Over 3,000 jobs were lost in the UK today after fashion chain Peacocks was sold out of administration.

EU to freeze ?495m in Hungary funds
Brussels is proposing a freeze on ?495m of EU funds destined for Hungary in 2013, the European Commission said.

'Some public servants more equal than others'
Politicians who lose their seats but are subsequently re-elected will be able to avail of the current pension arrangements.

UK banks pay out £1.9 billion for mis-selling
British lenders paid out a record £441m sterling in compensation for insurance mis-selling in December.

Hartery to be next CRH chairman
Nicky Hartery is to succeed Kieran McGowan as chairman of building materials group CRH.

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