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Ireland is now able to borrow money for free.

TODAY'S BUSINESS - IRISH EXAMINER

Bank guarantee politics ‘astonishing’

A leading academic has described as astonishing the politics that led to the 2008 bank guarantee which covered the country’s six biggest financial institutions.

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Company of The Year Awards - Part 3: Finalists in the Emerging Category

Focusing on the companies in the Emerging Category looking to build on their initial success, Peter O’Dwyer continues our look at the Cork Company of the Year finalists

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Business report: The morning business briefing

Here’s a run down of today’s business headlines.

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Strong demand for British bond

The sale of one of Britain’s longest dated inflation-linked government bonds yesterday drew strong demand — producing the lowest negative real yield on record for a syndicated offering of gilt linkers.

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Profits down at Parc aviation

Profits slump 22% at Parc Aviation

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Oil firm Petroceltic in bitter fight for control

Exploration firm Petroceltic has urged its shareholders to vote against resolutions being tabled by activist investor, Worldview Capital Management, in an upcoming ballot effectively saying its only aim is to gain control of the company without having to buy it out.

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Airports need guarantees for the future

The potential sale of Aer Lingus to International Airlines Group (IAG), managed by former Aer Lingus pilot and CEO, and previously a management buy-out suitor, Willie Walsh, is raising alarm bells for anyone with anything to do with the airline business.

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‘Rules will stop another housing bubble’

The new rules for mortgage lending will have less of an impact on the property market than “people might think”, according to the governor of the Central Bank, Patrick Honohan, who said their aim was to prevent another housing bubble from forming.

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Bank of England in blistering attack on eurozone leaders

Bank of England governor Mark Carney launched a blistering attack on the eurozone during a speech delivered in Dublin last night.

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Consumer confidence to drive headline sales by 7%

Headline retail sales grew by 6.3% last year and are expected to increase by another 6%-7% during 2015, as consumer confidence and disposable income continue to recover.

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Hats off to Philip Treacy as profits soar to €319k

It’s hats off to Galway milliner, Philip Treacy as new accounts show that profits soared at his fashion firm last year to over €319,000.

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German consumer confidence soars to 13-year high

German consumer sentiment surged to its highest level in more than 13 years heading into February, a survey showed yesterday, as lower oil prices meant shoppers in Europe’s largest economy had more spare cash.

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Plans to cut tax may boost growth, says troika

Government plans for tax cuts and additional expenditure could increase growth this year, the troika says in its review of the country’s economy.

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€315bn EU investment plan may create 2.1m jobs

The European Commission’s €315bn investment plan to spur growth could create 2.1m net jobs, lowering the bloc’s jobless rate by 1% by 2018, the International Labour Organisation (ILO) said yesterday.

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China powers Apple’s $18bn record profit

Apple’s quarterly results smashed Wall Street expectations with record sales of big-screen iPhones in the holiday shopping season and a 70% rise in China sales, powering the company to the largest profit in corporate history.

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RBS to sell toxic assets

RBS in earlier disposal of toxic assets

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Aer Lingus shares fall on opposition to deal

Aer Lingus shares fell in Dublin trading amid growing political opposition to a takeover bid by IAG, the owner of British Airways.

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