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Business News Stories | Top Business News Articles | Breaking Business News - Independent.ie document.documentElement.className += " js"; The Independent Skip to navigation Skip to primary content Skip to secondary content Skip to tertiary content Skip to footer Friday, July 30 2010 Search this site: attachAutoComplete( $('#header-f-search'), '_header' ); Search

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07:37 Hughes starts work at Fulham 06:32 Soldiers killed in rebel attack 06:27 '267 dead' in Pakistan flooding 06:02 Warning over Kosovo independence 03:33 Mexican drug lord killed in clash 03:02 Fugitive tycoon Nadir in bail bid 02:59 Scarlett's mother to give evidence 00:53 FBI to assist in war leaks probe Paul Appleby speaks at the publication of his office's annualreport in Dublin yesterday. Picture: Steve Humphreys Paul Appleby speaks at the publication of his office's annualreport in Dublin yesterday. Picture: Steve Humphreys

Appleby warns of credit union director loans risk

The issue of directors' loans at credit unions, believed to be widespread in some parts of the country, has the potential to cause major conflicts of interest, the corporate watchdog Paul Appleby has said. Time to clamp down on CFDs, says watchdog

'Concern' over banks when guarantee ends

By Thomas Molloy FITCH became the latest ratings agency to say it is concerned about Irish banks because of Finance Minister Brian Lenihan's bank guarantee scheme ending in December.

EBS's Haven further tightens mortgage-lending rules

By Charlie Weston Personal Finance Editor HAVEN mortgages, the broker-focused division of EBS Building Society, has further tightened its lending criteria for first-time buyers.

Regulator rejects 'signing off' on Anglo €169m loan to Quinn

By Emmet Oliver and Dearbhail McDonald The Financial Regulator Matthew Elderfield appeared to be standing behind key staff within his organisation last night after suggestions that some of them 'signed off' on loans between Anglo Irish Bank and the Quinn Group.

First new bank in UK for 100 years opens doors

By Charlie Weston Personal Finance Editor THE opening yesterday in Britain of the first bank in more than 100 years is in stark contrast to the situation in this country where one retail bank has closed, another is due to close, and other banks are closing branches.

United Drug profits still on target

By John Mulligan UNITED Drug has reaffirmed its guidance for the current financial year after it delivered a mixed performance in the period from April up to the end of this month.

Petroneft to extract oil earlier than expected

By Thomas Molloy PETRONEFT, the exploration company looking for gas and oil in Russia, said it plans to begin extracting oil for the first time within weeks, earlier than previously expected.

Charge levied on airport customers cut due to delays

By John Mulligan The maximum charge the Dublin Airport Authority (DAA) can levy on passengers between this year and 2014 has been marginally cut by the Commission for Aviation Regulation (CAR) after a service audit found that on one occasion during May passengers had to wait more than 30 minutes to clear departure security.

Inside Business

Irish

Irish RSS Feed - click to grab the feed O2's sales slump by 9pc to €193m O2's revenue from telecoms services fell nearly 9pc year-on-year, to €193m in the last quarter, as consumers spent less. Merrion gets go-ahead for medicine tests 'Business as usual' at Quinn, say administrators McEvaddys in talks to buy out Gannon's share of Dublin site Competitiveness and productivity are keys to our economic recovery Bank Zachodni talks with investors over AIB stake

European

European RSS Feed - click to grab the feed Italy's Prime Minister Silvio Berlusconi, left, talks with Italian Economy Minister Giulio Tremonti at Italy's Parliament in Romeyesterday. Picture: Reuters/ Alessandro Bianchi €440bn EU rescue fund in effect following approval from Italy THE European Union's €440bn rescue fund for the single-currency region is now operational after Italy's parliament approved the plan. Eurozone confidence at highest level in more than two years First new UK bank in 100 years opens doors Bank chief says UK rates will take time to normalise Volkswagen Q2 net income quadruples Shell posts higher profit after beating cost-cutting target

World

World RSS Feed - click to grab the feed IMF won't prod the China on currency THE International Monetary Fund (IMF) has chosen not to call the Chinese yuan "substantially" undervalued, in a move that recognises China's efforts to free up its exchange rate and avoids friction with an increasingly influential shareholder. Demand from China drives up VW profits to highest level in two years US Federal Reserve fears financial recovery may be running out of steam Sony returns to profit in Q1 O'Brien joins board of world broadband agency Google to take on Facebook in battle for online gamers

Personal Finance

Personal Finance RSS Feed - click to grab the feed Bouncy castles are a popular item that families rent out for special occasions like parties and communions Make cash from your hidden assets IN the continuing search for ways to make a few extra bob, many householders may not realise that some of the answers may be staring them in the face. Pension timebomb: will proposal to standardise tax relief defuse crisis? Homeowners here among most exposed in EU to rising rates Charlie Weston: Mortgage mis-selling complaints non-existent Question of Finance: What's best -- illness or income protection policy? Me and my money: Panti

Technology

Technology RSS Feed - click to grab the feed More than three million iPads have been sold since March. Photo: Getty Images Apple sued by users of 'overheating' iPad Apple is being sued by iPad owners who claim the device overheats too easily and shuts down, making it difficult to use outdoors. Google to take on Facebook in battle for online gamers Record second quarter for .ie namespace registrations Microsoft says Yahoo! Japan deal with Google is 'anti-competitive' Internet increases its share of advertising market to 10pc Apple accused of censorship after porn disappears from iPad book chart

Stocks & Markets

Stocks & Markets RSS Feed - click to grab the feed People look at an electronic board at a brokerage house in Shanghai as China's key stock index rose yesterday Stocks fall across EU on back of poor US economic data IRISH stocks fell yesterday in a lacklustre session dominated by poor economic data from the US. The ISEQ closed down 32.31 points, or 1.1pc, at 2911.52 points as stocks fell across the continent. Earnings yield high at consumer giants as resilience marks them apart ISEQ static despite gains elsewhere Oil reverses decline on equity gains, forecast of supply drop Icon shares plunge after sales warning Stress-test results a boost for banks

Commercial Property

Commercial Property RSS Feed - click to grab the feed Developers outline cinema complex plans for Dublin THREE of Ireland’s top leading developers have outlined plans to develop cinema complexes at key sites in Dublin, but given the growing complications with NAMA and financial concerns it could be quite some time before they open at a screen near you. Price dip ending as investment rises Hillyer makes move to join HWBC board Stale air in offices as old systems lower value Limerick office rents plummet 35pc from peak Tralee gains Home Store and More

Small Business

Small Business RSS Feed - click to grab the feed Web problems 'are holding back our SMEs' SMALL and Medium Enterprises (SMEs) are being held back from building their businesses online by a lack of infrastructure, according to one technology giant. Firms warned of business scams Small firms show 'reluctance to recruit' Small firms advised to always apply formally for bank loans Trying to find solutions to unusual hiring problem Four companies are going bust every day

Media

Media RSS Feed - click to grab the feed Met Eireann's  Meteorologist Jean Byrne pictured in the News production suite at  RTE in Donnybrook. Picture: Frank Mc Grath €70m RTE digital TV switch gets signal to go nationwide RTE is to build a multi-million euro infrastructure for digital television in the country, under plans that were approved yesterday. Making a splash with water of life BSkyB profit advances on HDTV Online advertising rising but lack of broadband is posing a real threat Irish online ad spend approaches €100m Papers retain third of online readers in spite of 'pay wall' Warning: Error displaying advert function validateHsCompanySearch() { var searchterm = trim(getElementById('search').value); if (searchterm == '' || searchterm == 'Enter company name'){ alert('Please enter a search term'); return false; } }

Quote Search

UK, European or US Companies All regions Irish UK & European American Go *A company can be searched by name or stock market code. eg. IPD. Data provided by Hemscott Company Lookup // //]]> Click here... Irish Independent Breaking News

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News National NewsWorld NewsSport 07:37 Hughes starts work at Fulham 06:32 Soldiers killed in rebel attack 06:27 '267 dead' in Pakistan flooding 06:02 Warning over Kosovo independence 03:33 Mexican drug lord killed in clash 03:02 Fugitive tycoon Nadir in bail bid Top stories from Thursday, 29.07.10 18:57 Remains found in 'Disappeared' hunt 18:37 Pair held after drugs intercepted 18:27 Digital TV 'will boost economy' 18:17 Maze to become Troubles museum 16:17 Row over out-of-town development 06:32 Soldiers killed in rebel attack 06:27 '267 dead' in Pakistan flooding 06:02 Warning over Kosovo independence 03:33 Mexican drug lord killed in clash 03:02 Fugitive tycoon Nadir in bail bid 07:37 Hughes starts work at Fulham Top stories from Thursday, 29.07.10 22:47 Spanish lesson for Tottenham 22:17 Amauri downs Shamrock 21:47 Hession snatches final berth 21:47 Hughes reign begins at Fulham more breaking news Your browser does not support inline frames or is currently configured not to display inline frames.

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House price decline slows Apple sued by users of 'overheating' iPad First new UK bank in 100 years opens doors Make cash from your hidden assets Losing McNamara court fight could lead to collapse of DDDA View more most read

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• The ten best digital photo frames • The ten best touch-screen gadgets • The ten best iPhone cases • The 50 best gadgets • The 20 best computers function validate_email(field,alerttxt) { with (field) { apos=value.indexOf("@"); dotpos=value.lastIndexOf("."); if (apos

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