Morning business news with Adam Maguire

Morning business news - February 8

08 Feb The construction industry recorded a strong pick up in activity in January, according to the latest Purchasing Managers Index from Ulster Bank.

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

Today in the press

08 Feb ComReg, the communications regulator under fire from the telco industry over the time it is taking to deal with complaints regarding Eir, paid its staff bonuses averaging 8% last year.

Mr O'Brien began his legal action last year

Concerns over custody of USB in Denis O'Brien case

05 Feb Lawyers for PR and lobbying company Red Flag have said they are concerned about issues relating to a USB stick at the centre of legal proceedings taken against them by businessman Denis O'Brien.

More than four months after the scandal broke, VW still lacks a technical solution for almost 600,000 diesel cars and is facing a growing number of legal allegations

VW to delay results amid emissions scandal

05 Feb German carmaker Volkswagen has said it will push back publication of 2015 results and its annual shareholders' meeting as it continues to grapple with effects of its emissions test-rigging scandal.

The letter sent to Mr Bradshaw on 2 February said the committee accepted that the DDDA did not try to mislead the Minister for the Environment about the purchase of the Irish Glass Bottle site

PAC clarifies position on Irish Glass Bottle site

05 Feb The Public Accounts Committee has written to Lar Bradshaw, the former chairman of the Dublin Docklands Development Authority, clarifying parts of its report on the controversy surrounding the Irish Glass Bottle site.

David Drumm faces charges here related to fraudulent loans Anglo made in 2008 intended to help prop up its share prices

David Drumm will not fight extradition from US

07 Feb Former head of Anglo Irish Bank David Drumm will not fight his extradition from the US to face criminal charges related to the bank's collapse and has asked the Director of Public Prosecutions not to oppose bail upon his return.

The economy in six charts

The economy in six charts

05 Feb As the election campaign heats up, parties are increasingly focusing on the economy. Here RTÉ's Business Editor David Murphy looks at the key issues facing the nation's finances.

Low energy prices ate into BG Group's fourth quarter profits

BG profits slip as weak prices eat into revenue

05 Feb Britain's BG Group, in its last results update before its takeover by Shell, has reported a 22% fall in fourth quarter core earnings to $1.43 billion as low energy prices ate into profits.

Honda said it has received 1,575 warranty claims, 83 field reports and two confirmed injuries related to the defect

Five million vehicles to be recalled over airbags

05 Feb Continental Automotive Systems has said it supplied potentially defective air bag control units to five million vehicles used by Honda, Fiat Chrysler, Mercedes-Benz, and three other manufacturers.