€500 note will remain as legal tender even after it is taken out of circulation

    ECB calls time on €500 note

    04 May The European Central Bank will stop issuing €500 banknotes towards the end of 2018 on concerns it could facilitate illicit activities.

    The seasonally adjusted unemployment rate for April fell to 8.4% from 8.6% in March

    Unemployment rate eases to 8.4% in April

    04 May New figures from the Central Statistics Office show that the rate of unemployment continues to fall as the economy remains the fastest growing in the euro zone.

    At $40.4 billion, the US trade deficit in March was the lowest since February 2015

    US trade deficit narrowed in March

    04 May The US trade deficit fell more than expected in March as imports of goods tumbled to their lowest level since 2010, a potential boost to first-quarter economic growth estimates that also hints at sluggish domestic demand.

    Markit's final composite Purchasing Managers' Index for the euro zone stood at 53 in April

    Euro zone businesses trudged into Q2 - PMI

    04 May Euro zone business growth was slow but steady last month, a survey showed today, suggesting the European Central Bank's massive stimulus programme is underpinning activity but not yet boosting inflation.

    Euro zone retail sales decreased 0.5% in March, new figures show

    Euro zone retail sales fall more than expected

    04 May Euro zone retail sales fell more than expected in March against February as consumers cut purchases of food, drinks and tobacco, the European Union's statistics office said today.

    New York Stock Exchange owner ICE won't made a bid for LSEG

    ICE has no plans to bid for London Stock Exchange

    04 May US exchange and clearing house operator Intercontinental Exchange said today it did not intend to make a rival offer for London Stock Exchange Group, which has agreed to merge with German peer Deutsche Boerse.

    Mr Justice Brian Cregan last week said legislative changes are needed if the commission can proceed with its investigation into the Siteserv transaction

    IBRC investigation gets two-month extension

    04 May Taoiseach Enda Kenny has confirmed he has granted a two-month extension to the Cregan inquiry, which is investigating certain transactions at the Irish Bank Resolution Corporation.