The Irish Bank Officials Association has welcomed news that extra time has been given to the special liquidators of IBRC to sell its multi-billion euro loan book.

"Traditional capitalist models" were not working and an alternative is needed, members of the UK's Co-operative Group were told today at its AGM.

Google executive chairman Eric Schmidt will meet David Cameron next week, just days after the internet giant was mauled by a Commons committee over its tax affairs.

Ryanair has instructed its lawyers to lodge an appeal with the European courts if the European Commission blocks its takeover bid for Aer Lingus.

The Minister for Transport has said he expects a formal decision by the European Commission on Ryanair's bid to takeover Aer Lingus by the end of the month.