Cash buyers include institutional and international investors

    60% of Irish homes bought for cash in 2014

    13.06 The proportion of houses and apartments bought by cash buyers rose from 25% at the peak of the property boom to 60% in 2014 according to new research undertaken by Central Bank economists.

    But fallout from Brexit, as well as strains to the social fabric caused by four high-profile acts of violence on German soil in the past week, could take their toll on sentiment in coming months, economists said

    Slight fall in German business morale in July

    12.17 German business morale fell only slightly in July, a benchmark survey showed, suggesting Europe's largest economy has weathered the immediate storm from Britain's vote to leave the European Union.

    The terms of the bond will be the same as the existing 4.50% senior secured notes due in 2022

    eir launches €200m tap issue bond

    11.35 Telecoms company eir has announced the launch of a €200m tap issue bond by its subsidiary eircom finance DAC to help with debt refinancing.

    William Hill confirmed it had received a highly preliminary approach but that the consortium did not put forward a proposal on a variety of issues

    William Hill unsure takeover would benefit company

    10.58 William Hill has said it is not clear that a combination with rivals 888 and Rank would enhance its position after the two firms joined forces with a view to making a bid for the British bookmaker.

    A look at some of the main business stories in today's newspapers

    Today in the press

    09.39 The Irish Times reports that the amount of corporation tax paid by the ten largest multinational companies in Ireland has doubled in the last five years.

    Philip Hammond attended the G20 meeting in China

    Brexit impact dominates G20 meeting

    24 Jul The world's biggest economies will work to support global growth and better share the benefits of trade, politicians said after a meeting dominated by the impact of Britain's exit from the EU.

    Pokemon Go has doubled Nintendo's value since the game's launch in the US earlier this month

    Pokemon GO finally launches in Japan

    22 Jul Eager Japanese rushed to their phones today to start hunting as Pokemon GO, the hit Nintendo-backed smartphone game, finally launched in Japan, home of the colourful cartoon characters.