Spending on long-lasting manufactured goods such as cars increased by 1.1% in July

US consumer spending rises in July

18.34 US consumer spending rose in July as households stepped up car purchases, offering further evidence of strength in the economy that keeps the door open to a Federal Reserve interest rate hike this year.

Car sales drove retail sales higher in July - but many other categories also grew

Retail sales see strong growth in July - CSO

18.06 The volume of retail sales rose by almost 10% in July when compared to the previous year, according to figures from the Central Statistics Office, with the value of such sales up 6.5%.

Seán FitzPatrick faces 27 charges, including making a misleading, false or deceptive statement to auditors

Reporting on FitzPatrick application restricted

16.35 The High Court has begun hearing an application by former Anglo Irish Bank chairman Seán FitzPatrick to stop his criminal trial going ahead at the Dublin Circuit Criminal Court in October.

Asian markets responded positively to good economic data from the United States

Asian markets extend gains overnight

08.00 Asian markets extended a global rally into second day overnight, as upbeat US  economic growth data calmed sentiment following the hammering shares across the region took earlier in the week.

Alexis Tsipras' party was supported by 23% of those polled

Poll puts Syriza ahead in run-up to Greek election

14.12 The first authoritative opinion poll published since Greek Prime Minister Alexis Tsipras resigned last week showed his leftist Syriza party leading the opposition conservatives ahead of elections on 20 September, the Efimerida Ton Syntakton newspaper reported this morning.

Morning business news - August 28

Morning business news - August 28

09.09 Independent News and Media has reported total group revenue of €157.3 million for the first six months of the year, which was down marginally on the figure reported for the same period last year.

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