Between 91% and 94% of offers made by financial institutions were accepted by borrowers in arrears

    Most distressed borrowers agree mortgage deals

    15.06 Just under nine out of ten borrowers who completed the Central Bank's Mortgage Arrears Resolution Process between 2014 and 2015 were successful in securing an alternative repayment arrangement (ARA) with their lenders.

    Euro zone remains in deflation in May, with consumer prices down 0.1%

    Euro zone deflation eases in May

    10.57 The euro zone remained in deflation for the second month in a row in May, according to a first estimate from the EU's statistics agency.

    Despite falling revenues, Aryzta is seeing an improving trend in all regions

    Aryzta's quarterly revenues down 2.4%

    11.27 Swiss-Irish food company Aryzta saw its revenue for its fiscal third quarter fall 2.4% to just under €950m, dragged lower by its North American unit.

    Wildfires in the Alberta oil patch could shave as much as 1.25 percentage points off growth in the next quarter

    Canada's Q1 economic growth misses target

    15.28 The Canadian economy grew at an annualised rate of 2.4% in the first quarter, boosted by a rebound in exports and domestic consumption, the government statistical agency said today.

    This is day 83 of the trial, which is the longest-running criminal trial in the history of the State

    Jury sent home for night in Anglo trial

    16.12 The jury in the trial of four former bankers for conspiracy to defraud has been sent home for the evening and will continue its deliberations in the morning.

    Volkswagen's operating profit rose to €3.4 billion from €3.3 billion a year earlier

    Audi, Porsche help VW limit damage from scandal

    12.54 Volkswagen's underlying profit fell less than expected in the first quarter as demand for upmarket Audi and Porsche models helped to offset a hit to VW sales from its emissions test cheating scandal.