The announcement by Amazon that it is creating an additional 500 jobs in Ireland has far-reaching implications about Ireland’s position in the global online market.

Chief executives across the Anglo-Saxon corporate world have been gorging themselves in recent years, but has the time come to start snatching away some of the plates?

Prosecutors ended one of the biggest scandals in British journalism, saying they would take no more action over phone hacking charges against two of the country’s largest newspaper groups.

British publisher Trinity Mirror has confirmed it is in talks to take over local newspaper group Local World in a reported £200 million deal.

The London market ended lower yesterday with traders concerned that Greece’s debt talks will see it default next week unless a deal is agreed.

Over £1m (€1.4m) in damages has been awarded to stars including Paul Gascoigne and Sadie Frost over phone hacking by Mirror Group Newspapers.

Media group Trinity Mirror is closing seven newspapers as it shifts much of its business online.

Trinity Mirror has agreed to pay compensation to a string of celebrities over alleged phone hacking.

Trinity Mirror has admitted liability to four people who sued for alleged hacking of voicemails, the company said today.

PA Group, the parent company of the Press Association, has agreed to sell its weather business MeteoGroup to private equity firm General Atlantic.

The publisher of UK newspaper the Sunday Mirror has said it is being investigated for alleged phone hacking by ex-employees.

Detectives investigating the phone hacking scandal are examining fresh claims after new evidence came to light, a lawyer representing victims said today.

The publisher of the Daily Mirror reported a 75% slump in annual profits today as it revealed a £12 million hit from the launch of rival The Sun on Sunday and more than £1 million in costs from the Leveson inquiry.

British travel firm Thomas Cook said investors holding almost 30% of its stock voted against its remuneration report yesterday, a sign that shareholder anger over soaring executive earnings has not died down.

The owner of the Daily Mail and Mail on Sunday delivered a 10% rise in annual profits today, but said advertising revenues had slipped back into the red at its national newspaper titles.

Fresh fears over the eurozone debt crisis hit sentiment on the London market today after the EU failed to agree a bail out deal for stricken Greece.

The owner of the Daily Mail today agreed the sale of its local newspaper arm in a deal that will create a new force in regional publishing with more than 100 titles.

Tabloid veteran David Montgomery is leading talks to consolidate Britain’s local newspaper sector.

Around €20m has been wiped off the value of Trinity Mirror after a phone-hacking scandal spread to the owner of the Daily Mirror.

The owner of the Daily Mirror today said it is to shut down its daily deals website, Happli, which it unveiled little more than six months ago.

The former boss of pharmaceuticals giant AstraZeneca has waived his entitlement to a 2012 annual bonus and has been denied performance-related share awards for the last two years, it emerged today.

Embattled Trinity Mirror chief executive Sly Bailey has left the newspaper group after her departure was brought forward by six months.

Newspaper publisher Trinity Mirror has said that David Grigson will take up the role of chairman on Tuesday afterIan Gibson brought forward his planned departure.

The boss of Aviva, the UK’s largest insurer, is to step down with immediate effect, the company said today, as shareholder anger claimed the scalp of another City executive.

Sly Bailey, chief executive of Trinity Mirror, today announced she is stepping down and is expected to leave by the end of the year.

Heather Mills, the former wife of Paul McCartney never authorised former News of the World editor Piers Morgan, or anybody else, to listen to her voicemails, she told the inquiry into press standards.

The former wife of Paul McCartney never authorised former News of the World editor Piers Morgan, or anybody else, to listen to her voicemails, she told the inquiry into British press standards today.

It was “very unlikely” that former editor Piers Morgan did not know about alleged phone hacking at the Daily Mirror, the Leveson Inquiry heard today.

The owner of the Daily Mail today warned weak advertising and circulation revenues would leave operating profits lower than a year ago.

TRINITY MIRROR says it does not yet know the impact of an editorial review implemented after a phone-hacking scandal at the News of the World but said its sales had benefited from the closure of the rival tabloid.

London’s blue chips recovered more ground as markets across Europe ended a volatile week on a rising note.

The publisher of the Daily Mirror today revealed a 17% fall in profits but said it was “highly encouraged” by improved Sunday sales following the closure of the News of the World.

BRITISH lawmakers have called on CNN talk show host and former tabloid editor Piers Morgan to return to Britain to answer questions about phone hacking after allegations made by the ex-wife of former Beatle Paul McCartney.

Former Daily Mirror editor Piers Morgan should return to the UK to answer “some very serious questions” over allegations of phone hacking, the Culture Committee chairman said today.

A senior Mirror Group journalist admitted hacking voicemails left for Heather Mills by Paul McCartney, Ms Mills has claimed.

The Mirror newspaper in the UK has said it is launching a review into its editorial practices following phone hacking at its rival, the News of the World.

The London market slipped below the 6,000 mark today after disappointing US jobs data sparked fears over the strength of the recovery in the world's biggest economy.

A FORMER sports editor of The People was jailed yesterday after defrauding his paper of more than €440,000.

Charges against a Sunday Mirror journalist arrested after a football fan’s intrusion into the England team’s dressing room during the World Cup in South Africa were dropped today.

A BRITISH journalist was yesterday accused of helping to orchestrate the incident in which a fan walked into the England dressing room after the match against Algeria.

Battered oil giant BP was hit by another sell-off today as £5bn (€6.06bn) was wiped off the value of the blue-chip heavyweight.

Shell-shocked investors in BP saw shares fall by as much as 12% today as angry US politicians threatened a legal challenge to block it paying dividends.