Business report: The morning business briefing

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

NEWS

Unemployment rate drops to 10.1% in February

Ireland’s unemployment rate declined another 0.2% in February, to reach 10.1%, its lowest level since 2009 — the last time the percentage figure was in single digits.

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Germany dismisses talk of third Greek bailout

Germany and the European Commission slapped down talk of a third financial rescue for Greece as premature, after Spain once again suggested yesterday that a new aid package for Athens was almost inevitable.

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Eurozone business activity picks up pace

Price cutting and a weaker currency helped eurozone business activity accelerate in February, according to surveys published just before the European Central Bank embarks on a trillion-euro stimulus programme.

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Chronicling the boom and bust pays off for David McWilliams

Efforts by celebrity economist David McWilliams at exploiting his brand are paying off, with accumulated profits at his media firm last year jumping by over €20,000 to €629,846.

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Ryanair carried nearly 6m passengers last month

Ryanair flew close to six million passengers across Europe last month, with 11% more seats filled than during the same four weeks last year.

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BUSINESS ANALYSIS

Mortgage arrears will limit recovery

Way back in the mists of time, while studying business at second level, one of the most basic questions set forth in a textbook was: ‘What is the role of a bank?’

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TECHNOLOGY

Third of phone time spent on games

Mobile gaming has become a multibillion-euro industry, with over 33% of time on phone spent playing games.

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LogMeIn brings 90 jobs to Dublin

Dublin’s Silicon Docks is to welcome another tranche of workers after a US cloud software company said it is to triple its workforce.

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