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  • IL&P expects double-digit loan growth

    Denis Casey (left), who takes over as the new chief executive of Irish Life and Permanent next Monday, speaking to outgoing chief executive David Went at yesterdays agm in Dublin. Irish Life & Permanent (IL&P)expects its loan book to grow by double digits this year despite the slowdown in the mortgage market, shareholders were told at the group's annual general meeting yesterday. p
  • Wolfowitz resignation heads off conflict

    Paul Wolfowitz's decision to resign as World Bank president has averted a damaging confrontation between the United States and its main economic partners, writes Denis Staunton , in Washington. p
  • G8 plan to tighten hedge fund rules in doubt

    German finance minister Peer Steinbrück has admitted at a meeting with his G8 colleagues in Potsdam that his hopes of agreeing tighter regulations for hedge funds are looking doubtful in the near future, writes Derek Scally  in Berlin. p
Other Stories
  • Exiles repatriate €683m per annum

    Immigrants in Ireland are repatriating €683 million a year, or almost €2 million a day, in remittances to their home countries to support family and friends, according to the World Bank, writes Paul Cullen , Consumer Affairs Correspondent. p
  • Oracle chief praises Irish 12.5% corporation tax rate

    Ireland's "great" 12.5 per cent corporation tax regime has proven that lower tax rates can increase tax revenue and boost economic growth, according to Larry Ellison, the founder, chairman and chief executive of software company Oracle. p
  • IN&M shareholders support APN deal

    Billionaire businessman Denis O'Brien chose to stay away from an Independent News & Media extraordinary general meeting (egm) at which shareholders voted in support of its private equity-backed takeover of Australian media group APN, writes Arthur Beesley , Senior Business Correspondent. p
  • Expert says bank signature probably account-holder's

    On the balance of probabilities, the signature on two application forms for accounts with First National Building Society, now known as First Active, were those of the account-holder, Cornelius Cagney, the High Court heard yesterday. p
  • Microsoft in $6bn online deal

    Microsoft yesterday announced the biggest acquisition in its history, buying online advertising company Aquantive for $6 billion (€4.44 billion) and making what it described as a "big bet" on its own long-term growth. p
  • Kerry Group upbeat on prospects

    Kerry Group delivered an upbeat message to shareholders yesterday at the group's annual general meeting in Tralee, writes Anne Luceyp
  • BA says it talked to rivals on fuel charges

    British Airways admitted yesterday that it had breached competition law by discussing changes in fuel surcharges on passenger fares and air cargo rates with rival airlines. p
  • Garda begins fraud inquiry at Vodafone

    The Garda Bureau of Fraud Investigation has started an inquiry into an alleged irregularity at Vodafone following the dismissal of a senior member of the finance team at Ireland's biggest mobile phone company, writes Arthur Beesley , Senior Business Correspondent. p
  • Cork arm of ADM shifts from food to finance

    ADM Ringaskiddy, the Cork arm of the US food ingredients group which closed its manufacturing operation in September 2005, is now a group treasury services operation, according to its latest filed accounts. p
  • Surge in 'Irish Times' site use

    A sharp rise in the number of people using the Irish Times website, www.ireland.com  has occurred, according to figures just published from ABC Electronic, writes Conor Popep
  • Positive day drives market up 1%

    Market Report: Elan, Tullow Oil, Smurfit Kappa, Irish Life & Permanent and Kerry were the main winners on the Irish Stock Exchange yesterday as a quietly positive day for the Iseq index of Irish shares left the market up nearly 1 per cent. p
  • In Short

    A round-up of today's other finance stories in brief. p
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