Business

PSA revenue up 31% on Opel acquisition and sales gain
PSA Group said quarterly revenue rose by almost a third, as the Peugeot maker added Opel-Vauxhall sales numbers for the first time and increased deliveries in Europe and a rebounding Latin America.
RTÉ News - Business

BAT expects doubling of vapour product revenue in 2018
British American Tobacco, the world's biggest international tobacco company, sees revenue from its "next generation products" doubling to more than £1 billion next year.
RTÉ News - Business

Lufthansa report strong third quarter as revenue tops €9bn
German airline Lufthansa has reported adjusted earnings before interest and taxation of €1.5bn in the three months to 30 September.
Independent.ie - Business RSS Feed

Blackstone Group could double assets under management to $800bn
The company is raising money for its new infrastructure fund, its president said
The Irish Times - Business

Bloomberg slams 'stupidest' Brexit decision
Former New York mayor Michael Bloomberg has said that Brexit was the "stupidest thing any country has ever done" apart from the election of Donald Trump as US president.
RTÉ News - Business

Monte dei Paschi shares begin trading again
Shares in Monte dei Paschi di Siena fell below the price the state paid to bail out Italy's fourth-largest bank as they resumed trading after a 10-month hiatus today.
RTÉ News - Business

Lloyds Banking sees profits rise on strong performance
Lloyds Banking Group has unveiled a hefty rise in third quarter profits as the once state backed lender hailed a "strong financial performance".
Independent.ie - Business RSS Feed

Lloyds posts lower-than-expected Q3 profit
Lloyds Banking Group has today reported a lower-than-expected pre-tax profit of £1.95 billion in the third quarter, falling just shy of analyst expectations.
RTÉ News - Business

Lufthansa eyes improving revenue trends
German carrier Lufthansa gave a more upbeat assessment of revenue trends up to the end of the year, with the carrier benefiting from solid passenger demand and poised to swoop on struggling rivals.
RTÉ News - Business

Draper Esprit in €20m acquisition of Seedcamp Funds I and II
Dublin and London-listed venture capital investor Draper Esprit has announced the acquisition of Seedcamp Funds I and II for £17.9m (€20m).
Independent.ie - Business RSS Feed

French pull back from putting brakes on Mercosur trade deal
Opponents of a trade deal with the South American Mercosur bloc have placed their faith in French president Emmanuel Macron scuppering it before the year's end.
Independent.ie - Business RSS Feed

Banks to make statements on tracker mortgage scandal
Ireland's main mortgage lenders are expected to issue detailed statements on the steps they will take to address the tracker mortgage scandal.
RTÉ News - Business

Lloyds Banking Group loan impairments increase to £270m
The bank is preparing to outline a new strategy for growth in February
The Irish Times - Business

New wave of cyber attacks hits Russia
A new strain of ransomware, known as "Bad Rabbit", has hit computer systems in Russia, Ukraine and elsewhere.
RTÉ News - Business

Draper Esprit acquired two funds for €20m
The tech funds include a stake in fintech business Transferwise and smaller companies
The Irish Times - Business

Lufthansa eyes improving revenue trends but sticks to profit goal
German carrier sticks to profit target to earn more than 2016 total of €1.75bn
The Irish Times - Business

Twitter set to label election ads
Twitter has said it would add labels to election-related advertisements and say who is behind each of them.
RTÉ News - Business

Contactless payments now account for a third of Visa transactions
Contactless payments now account for one in three face-to-face Visa transactions in Ireland, with Irish consumers now spending more by card than in cash.
Independent.ie - Business RSS Feed

Cerberus shows interest in troubled Alitalia - report
US private equity group Cerberus Capital Management has approached Alitalia with an offer that would allow the carrier to remain independent, according to the Financial Times.
RTÉ News - Business

Over half of Irish businesses expect a cyber attack on their operations by year end
More than half of Irish businesses expect a cyber attack on their operations by the end of 2017 while 36pc have already experienced one this year, according to the results of a new survey.
Independent.ie - Business RSS Feed

Oil hovers near four-week high on Saudi pledge to end glut
OPEC and 10 other producers have cut oil output by about 1.8m barrels per day since January
The Irish Times - Business

Finance Minister says banks behaving 'disgracefully'
Minister for Finance Paschal Donohoe has told the Dáil the Government is not satisfied with the progress made to date by the banks on the tracker mortgage issue.
RTÉ News - Business

AIB and trackers, Apple €13bn in back taxes, and Denis O’Brien versus Carlos Slim
Business Today: The best news, analysis and comment from ‘The Irish Times’ business desk
The Irish Times - Business

Have we reached peak coffee?
London Briefing: Sales of Costa Coffee have ground to a halt after years of frothy growth
The Irish Times - Business

Trinity Street car park, shops and offices for sale at €17.3m-plus
Busy car park let under 35-year lease that produces current total rent roll of €920,000
The Irish Times - Business

Molton Brown building on Grafton Street for sale for €9m
No 80’s investment yield of 2.8% expected to rise to 4.25% within two years
The Irish Times - Business

Farmers urged to put safety first as death toll rises
THE number of farm deaths so far in 2017 has equalled the total number of fatalities for all of 2016.
Independent.ie - Business RSS Feed

Worm control measures need to protect the long-term impact of drugs available to sheep farmers
Participants in Knowledge Transfer Groups for the sheep sector are required to complete an Animal Health and Management measure with a vet as part of an annual Farm Improvement Plan.
Independent.ie - Business RSS Feed

Denis O’Brien to compete with Carlos Slim on undersea cable
Irishman’s Deep Blue Cable to extend $450m fibre-optic rollout to Panama and Colombia
The Irish Times - Business

New investors boost rent roll at Exchequer Chambers
Uplift in rents at Victorian landmark achieved by letting of upper floors
The Irish Times - Business