News

European shares slide as Italian election risk reignites euro break-up anxieties

European shares slumped for a second day on Tuesday as investors took flight on renewed fears of euro zone break-up risk as Italy embarked on a new election campaign which could become a proxy referendum on euro membership. Italy’s main stock index sank to a nine month low in early deals, down 1.6pc by 07:25 […]

Fears fresh Italian election will be a ‘euro referendum’

Chaos ruled the Italian markets yesterday as the nation plunged deeper into political turmoil, with knock-on effects for other highly-indebted eurozone countries – including Ireland. Italy’s borrowing costs for two-year bonds surged to the highest level in four years on Monday – a holiday in much of Europe – while stocks slumped for a fourth […]

Calls made for urgent law changes to prevent car insurance market ‘cartel’

Urgent legislative changes have been called for to prevent cartel-type operations in the motor insurance industry. It comes as a major investigation by the European Commission into motor insurance here is focusing on allegations the industry has created obstacles for new players to enter the market. Following a series of raids last year, investigators are […]

Ireland’s largest Tesco to open creating 175 new jobs

Tesco Ireland will today open its biggest store in Ireland with the creation of 175 new jobs.Tesco Ireland will today open its biggest store in Ireland with the creation of 175 new jobs.Tesco Ireland will today open its biggest store in Ireland with the creation of 175 new jobs. The €30m environmentally-friendly store is located […]

Poor credit history? Late payers now facing extra charges on credit cards

Customers with poor credit histories will be charged more than people who have always paid their bills promptly, as “personalised pricing” is introduced in Ireland for the first time. Provider Avantcard is introducing the tiered interest rates, the first personalised pricing for any form of consumer borrowing in this country. It is likely to spur […]

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