Posts By: admin

Microsoft’s boss may unveil Office for iPad on March 27

Microsoft Corp Chief Executive Satya Nadella may unveil an iPad version of the company’s Office software suite on March 27, a source familiar with the event told Reuters, and use his first big press appearance to launch the company’s most profitable product in a version compatible with Apple Inc’s popular tablet. Nadella, who replaced longtime… Read more »

Bank of Ireland first to allow yuan transactions

Bank of Ireland has become the first Irish bank to allow business customers make payments in Chinese yuan. Until now, Irish companies have been unable to receive or make payments in this currency. The facility will allow Irish companies to protect themselves from currency fluctuations, the bank said. Irish exports to China have risen by… Read more »

German court confirms legality of euro zone bailout scheme

Germany’s Constitutional Court confirmed on Tuesday the legality of the euro zone’s bailout fund, upholding a preliminary ruling from the height of the debt crisis in 2012 that gave an initial green light to the European Stability Mechanism (ESM). The court in Karlsruhe reiterated that the €700bn fund did not violate the rights of the… Read more »

RBS looking at merger options for Ulster Bank

UK state-controlled Royal Bank of Scotland has commissioned investment bank Morgan Stanley to advise it on potential merger opportunities for its Irish unit, Ulster Bank, the business’s chief executive was quoted as saying today. Ulster Bank, which is the biggest bank in Northern Ireland and the third largest in the Republic of Ireland, has racked… Read more »

Government raises €1bn in post-bailout bond auction

THE Government has successfully raised €1bn in a post-bailout bond auction. The yield on the 10-year bond was 2.967pc while the bid to cover ratio was 2.9 times with total bids of €2.8bn. “The completion of today’s auction marks Ireland’s full return to the markets for the first time since September 2010 and brings to… Read more »