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  • One-third fail to track investments - survey

    Michael McLoughlin, managing director of Amárach Consulting, which carried out the survey on behalf of IBF: "We are a risk-averse nation. In general, 78 per cent are cautious about risk and that follows through to financial risk," he said. One in three Irish consumers do not know how their investments have performed over the past year despite an increase in the number of people saving and investing, according to new research from the Irish Banking Federation (IBF). p
Other Stories

  • Top hedge fund managers earn $15bn, survey finds

    The combined earnings of the world's top 25 hedge fund managers of almost $15 billion (€11 billion) exceeded the national income of Jordan last year. Three individuals took home more than $1 billion, according to an annual industry survey. p

  • Aer Lingus call-centre staff in US agree cost-cutting pay deal

    About 40 call-centre staff employed by Aer Lingus in the US have agreed to a long list of changes in their pay and conditions that could save the airline about €1 million a year. p

  • Significant fall in average euro-zone budgetary deficit

    The average budgetary deficit in the euro zone fell significantly last year, new figures from the European Union's official statistics office reveal. p

  • ABN Amro sale of US arm may be challenged

    Royal Bank of Scotland's (RBS) hopes of mounting a counter-bid for ABN Amro last night rested with its lawyers as a consortium led by the British banking group tried to work out if it could stop the Dutch lender selling its US subsidiary as part of its agreed £66 billion (€97.3 billion) takeover by Barclays. p

  • Airlines lose €440m to fraud, survey finds

    Fraud is costing airlines around the world about €2.2 million each in lost revenue, according to a new survey by Deloitte. p

  • Zamano pays €1.7m for Eirborne Text

    Mobile technology company Zamano has acquired Eirborne Text Promotions, a provider of mobile entertainment services, for an initial consideration of €1.7 million. p

  • Computing initiative could produce €140m in sales

    The Government's new home computing initiative could generate technology sales of €140 million to the employees of Ireland's largest companies, according to AIB's technology financing unit. p

  • Qualceram seeking buyer for Arklow site

    Shares in bathroom suite manufacturer Qualceram Shires jumped as much as 3.5 per cent yesterday after the company confirmed that it was seeking a buyer for its facility in Arklow, Co Wicklow. p

  • Tax cut needed for NI growth - B of I expert

    Northern Ireland's incoming executive has not been given the policy weapons to address the North's economic structural problems, according to Bank of Ireland's head of research in Northern Ireland. p

  • British Airways expresses interest in buying Iberia

    The race for consolidation in the airline industry intensified yesterday as British Airways said it had approached a number of private-equity groups about a possible bid for Iberia, the Spanish flag-carrier. p

  • Financials buck market inertia

    Dublin report: It was a lacklustre start to the week yesterday, as an absence of local news gave little impetus for stock movement. p

  • In Short

    A roundup of today's other business stories in brief: p
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