The Aer Lingus board said it notes IAG's intentions regarding the future of the company

SIPTU urges Govt over Aer Lingus stake

12.21 SIPTU, the largest trade union in Aer Lingus, is calling on the Government not to sell its share of the airline unless there are guarantees on jobs.

Greencore's like-for-like revenues up 4.4% in its fiscal first quarter

Greencore's quarterly revenues up 4.4%

07.51 Food group Greencore has reported revenues of £331.9m for the 13 weeks to 26 December 2014, an increase of 4.4% on the previous year on a like-for-like basis.

Markets ignore a warning from the OPEC that prices could surge to $200 owing to shrinking investment in exploration

Oil prices rebound in Asian trade

07.30 Oil prices edged up slightly today after nearing six-year lows but gains were capped owing to lingering concern about a global supply glut, weak demand and Greece's political future.

Sales at Ericsson, the world's largest mobile network equipment maker, were 68 billion crowns

Ericsson's Q4 sales below forecasts

12.13 Ericsson said it expected business in North America to remain slow with operators there saving cash as it reported fourth-quarter sales below expectations today.

Morning business news with Conor Brophy

Morning business news - January 27

10.56 The board of Aer Lingus has indicated it is willing to recommend to shareholders that they accept a €1.3 billion takeover offer from British Airways parent IAG.

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

Today in the press

10.57 The communications watchdog Comreg has warned Eircom of further punitive measures after fining the telecom operator €2.5m for failing to fix customer lines in time.