Britain's financial watchdog has fined Merrill Lynch International £34.5m for failing to report 68.5m exchange traded derivative transactions, in what the watchdog said was the first fine of its kind.
Britain's financial watchdog has fined Merrill Lynch International £34.5m for failing to report 68.5m exchange traded derivative transactions, in what the watchdog said was the first fine of its kind.

A train manufacturing boss in the UK has been jailed for six years after using almost £700,000 (€785,000) of company money to fund his lavish lifestyle of luxury ...
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Office dogs, lunchtime yoga and free beers have become more common in the Irish workplace as bosses look to boost morale and compete for staff.
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A chemical and consumer goods firm is expanding in Dublin.
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Dr Martens has notched up rising full year sales and profits after the iconic footwear brand was boosted by its popularity in Asia.
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An additional 20 minutes commuting per day is equivalent to a 19% pay cut when it comes to measuring job satisfaction, a study in England has found.
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Irish customers are charged the highest interest rates by banks in the eurozone, according to new data.
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David Davis will travel to Paris on Monday for Brexit talks days after French President Emmanuel Macron suggested Britain would need to up its divorce payment offer ...
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The Finance Minister Paschal Donohoe has said the banks need to do more to tackle the tracker mortgage scandal.
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The pound surged against the euro today amid jitters over Catalonia's independence and news that EU member states will start preparing for the second phase of Brexit ...
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A report has revealed a slowdown of growth in online sales in Ireland in August.
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Employers face a considerable more work under measures in the Finance Bill detailing the new monthly information they will be obliged to provide to Revenue for access ...
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A last-minute surge nudged US stock indexes mostly higher last night, barely extending the market's winning streak and milestone-setting run.
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Unilever has reported disappointing third-quarter sales having lost market share to smaller rivals, dampening hopes that a failed takeover bid by Kraft Heinz would ...
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From the perspective of the minister for finance, in particular, and the Government in general, the arrival of Storm Ophelia on Monday very quickly took Budget 2018 ...
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British consumers are vulnerable to a hike in interest rates, ratings agency Moody’s has said, two weeks before the Bank of England is widely expected to hike ...
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French drinks company Pernod Ricard has said it expects further good sales growth in its current financial year, largely driven by the performance of Jameson whiskey ...
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The Revenue Commissioners has won its appeal against a finding that an annual charge levied on second homes and holiday homes is tax deductible against rental income ...
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Shares of Apple and some of its suppliers fell yesterday on signs that demand for the new iPhone 8 models isn’t as strong as anticipated while buyers await ...
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Ryanair has reached a legal settlement with Google and a travel website it accused of conning its passengers.
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A multimillion-pound case brought by Lloyds shareholders over the acquisition of HBOS is "fundamentally flawed at every level", the High Court in England has heard. ...
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The chairman of BP has announced plans to step down from the oil major, sparking a hunt for his successor.
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The chief executive of Goldman Sachs has cast further doubt over the banking giant's future in London after Brexit in a provocative tweet that is likely to pile ...

UK ministers have confirmed in the House of Lords that an investigation is under way into claims that UK banks could be unwittingly linked to a corruption scandal ...
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Charities in the UK are losing around £14 per donor every year as contactless cards mean people are carrying less loose change, it is being claimed.
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The Department of An Taoiseach paid out over €120,000 to two firms to help run a two-day technology event in June. Leo Varadkar opened the Data Summit at the ...
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Low fares regional airline Flybe has warned that first-half profits will be lower than expected, sending shares tumbling as higher maintenance costs compounded a ...
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After more than five years of declining sales, IBM says it will finally show investors it can grow again. Wall Street cheered, sending the shares up the most in ...
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As major banks abandon the diamond-trading world, one new lender is preparing to jump in.
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US Treasury secretary Steven Mnuchin said the stock market will probably see its gains wiped out if politicians fail to deliver planned tax cuts that will benefit ...
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The directors of a Kerry luxury hotel group sounded warnings over the effects of Brexit, the US election “and the troubling state of the EU”. The warnings ...
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Ireland’s economy could be boosted by around €15bn over the next 20 years or so if more people over the age of 55 were working, according to a new study ...
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A day of modest gains on Wall Street resulted in more milestones for US stocks today as the Dow Jones industrial average closed above 23,000 points for the first ...
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Spain cut its economic forecast for 2018 as the costs of the Catalan crisis begin to mount.
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The media firm of Oscar winner Glen Hansard has posted accumulated profits of €1.54m
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More people are drinking gin in Ireland than ever before, new research has shown.
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A revolution is taking place in the way food is sold and consumed across the world. The traditional system whereby consumers visited large supermarkets, trucked ...
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BMW is looking to form a joint venture with Chinese carmaker Great Wall Motor.
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Britain’s poorest families will face the biggest food price hikes if Brexit happens without the UK reaching a withdrawal deal with the EU, a new report warns.
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Bank of England governor Mark Carney has said a transition agreement for EU withdrawal is in everyone’s interest and said it may be appropriate to raise interest ...
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A new research and development fund to support innovation and new technologies in seafood companies has been launched by BIM.
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Regional airline Flybe has warned over profits after incurring higher-than-expected aircraft maintenance costs.
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Online marketplaces like Amazon and eBay are profiting from fraud by sellers who dodge the VAT they should charge on sales in the UK, a parliamentary report has ...
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The Central Bank has been told to set a firm deadline for rectifying the tracker mortgage scandal.
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Relocating UK broadcaster Channel 4 outside of London could have a "much greater transformative impact" a Tory MP has suggested.
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Snapchat's parent company has announced it is planning to create TV programmes for the mobile app.
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The announcement that Airbus is taking a majority stake in Bombardier's C-Series jet project has been welcomed by politicians in the North.
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Over the first nine months of 2017, demand for passenger cars remained positive in the EU and EFTA
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Aer Lingus has announced its hiring 100 pilots in its largest ever recruitment drive.
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Each of the "big four" grocers lost customer share in the last quarter despite increasing sales as Aldi and Lidl collectively accounted for half of the entire market's ...
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