Breaking News - Business

Breaking News Business Newsfeed.

1. Finnish businessman Thomas Zilliacus bids to buy Manchester United

   The Finn wants to buy United in a 50-50 partnership with fans, who will have a say in the decision-making process at the Premier League club.

2. Carlow entrepreneur pleads guilty to submitting false financial report

   Company director Illann Power from Carlow was charged last year following an investigation by the Corporate Enforcement Authority (CEA) and appeared again at Dublin District Court on Thursday.

3. Accenture axing 400 Irish jobs as part of worldwide workforce cull

   The company declined to provide a breakdown of cuts per country

4. Bank of England lifts interest rates again but upgrades economic growth forecast

   The Bank of England’s Monetary Policy Committee voted seven to two to increase rates from 4 per cent to 4.25 per cent

5. Ford's electric vehicle business is losing billions

   The figures were released as Ford rolled out a new way of reporting financial results

6. European stocks slip from one-week highs as banks drag

   The continent-wide STOXX 600 index slipped 0.7 per cent after closing at its highest level in more than a week on Wednesday

7. Credit Suisse deal 'halted crisis'

   The hastily arranged $3.25 billion deal aimed to stem the upheaval in the global financial system

8. Government announces €18m licensed haulage support scheme

   The Government approved the €18 million scheme earlier this year to support licensed haulage businesses with cost pressures

9. China's super rich population drops as tech crackdown, global factors hurt wealth

   More than 400 people lost their billionaire status last year, most from China

10. UK's gambling commission fines 32Red and Platinum Gaming £7.1m

    Both operators failed to minimise the risk of customers experiencing gambling harm, the commission found.