BUSINESS - BREAKING NEWS

CBRE Ireland today released its latest bi-monthly report on the Irish commercial property market.

TODAY'S BUSINESS - IRISH EXAMINER

An elderly man waits to receive his pension outside the closed National Bank of Greeceheadquarters, in Athens, yesterday.

Markets take it on chin as Greece misses €1.6bn IMF repayment

The lack of any 11th-hour breakthrough in talks between Athens and key eurozone leaders meant markets were little riled by the failure of Greece to meet the repayment to the IMF due yesterday.

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Thousands of protesters gather in front of the Greek parliament in Athens to say no to the latest offer of a bailout deal, accusing Greece's international creditors of blackmail.

No to deal a vote to ditch euro: Jean-Claude Juncker

The president of the European Commission, Jean-Claude Juncker, has told Greeks that saying no to a bailout deal would be a vote to ditch the euro.

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Oil prices rise from 3-week low

Oil prices have bounced back from three-week lows, with US refined fuels markets leading the rally on bets for strong summer demand, even as Greece’s move towards a debt default threatened to jolt global markets.

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331 jobs in SME sector saved by examinership in second quarter

The second quarter of the year saw a significant increase in Circuit Court usage by SMEs applying for examinership.

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€140m pension raid signals end of levy

The Government’s pension levy haul yesterday passed the €2.3bn mark as a further €140m was raided from private sector pension funds.

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Coalition can find a tasty replacement for the Double Irish

Ireland’s attractively low rate of corporate taxation is once again under pressure with the recent release of the European Commission’s new action plan to tackle tax avoidance.

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€11.35m CRO filing penalties account for 61% of revenues

The bulk of revenues generated by the Companies Registration Office (CRO) last year came from penalties imposed on companies filing late annual accounts.

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Jobless rate sees no change

The Irish unemployment rate was unchanged in June from the previous month, as evidence from a new survey also suggested that the rapid rise in the number of jobs is slowing.

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Supporters of Syriza tactics clueless about cold hard cost

A former boss of mine used the term “senior hurling” when we were engaged in what he considered a significant piece of business.

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Dave Lewis, Tesco CEO

Product lines face axe in Tesco revival bid

Suppliers can expect a better deal from Britain’s biggest supermarket chain as Tesco tries to sustain a tentative revival — providing that their wares survive a cull that is removing thousands of products from shelves.

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Rising disposable income drives UK GDP growth

Britain’s economy grew more strongly than previously thought in the first three months of the year, and households’ disposable income rose at the fastest annual pace since 2001.

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