UBS hit by Facebook IPO loss Swiss banking giant UBS AG posted a worse-than-expected 58% fall in second-quarter net profits of 425 million francs today. Business • 31 Jul 12
Visa's cross-border fees hinder competition - EU European Union officials say they have informed Visa that they have additional objections to its fees for cross-border card purchases. Business • 31 Jul 12
AB InBev revenues up despite sales dip Anheuser-Busch InBev, the world's biggest brewer, says its second-quarter revenues rose by 4.7% despite a slight decrease in the volumes of sales. Business • 31 Jul 12
Coca-Cola move seen as early CEO succession test Coca-Cola is streamlining its business and raising the profiles of two key executives, a move that could better position them to eventually succeed CEO Muhtar … Business • 30 Jul 12
Data watchdog to publish Facebook review by Oct The Data Protection Commissioner says it will determine by early October whether Facebook, the world's biggest social network, will face legal action under European privacy … Business • 30 Jul 12
Lawmaker asks for conditions on CNOOC-Nexen deal The US government should not approve a bid by China's state-owned CNOOC for the US assets of Canadian oil firm Nexen unless the merged company … Business • 30 Jul 12
SIPTU workers at Aer Lingus & DAA vote for action SIPTU members at Aer Lingus and the DAA have voted overwhelmingly in favour of industrial action in a row over pensions. Business • 30 Jul 12
Air France-KLM losses of $1.1 billion in costs Air France-KLM has said its net loss ballooned to nearly €900m in the second quarter. Business • 30 Jul 12
US regulators probe Infiniti JX35 US safety regulators have opened an investigation into Nissan Motor's luxury brand Infiniti's new crossover vehicle JX35 on possible improper application of the emergency brake, … Business • 30 Jul 12
Richard Ames to stop executive duties - Ladbrokes Bookmaker Ladbrokes said Richard Ames, responsible for trading and IT, "has ceased to perform his executive duties with immediate effect." Business • 30 Jul 12
Blue Insurances to create 20 new jobs by 2013 Irish insurance broking firm, Blue Insurances, has announced the creation of up to 20 new positions in their Dublin based office. Business • 27 Jul 12
Bord Gáis applies for 7.54% rise in prices Bord Gáis has applied to the Commission for Energy Regulation for a 7.54% rise in its residential gas prices from this October. Business • 27 Jul 12
No action to be taken on O'Brien interests - BAI The Broadcasting Authority of Ireland has discussed Denis O'Brien's media holdings including his share in INM and has decided that no action is to be … Business • 26 Jul 12
Iran-led shipping firm nears collapse An Iranian-led shipping venture is close to collapse after struggling to steer its oil tankers and dry bulk vessels past tightening Western sanctions, a senior … Business • 26 Jul 12
Nomura CEO resigns in wake of insider scandal Nomura CEO Kenichi Watanabe has resigned in the wake of an insider trading scandal. Business • 26 Jul 12
British bank Lloyds gets Libor subpoenas Lloyds Banking Group has received subpoenas from government agencies investigating a global interest rate rigging scandal. Business • 26 Jul 12
BSkyB full-year profit up 12% British Sky Broadcasting has reported a 12% increase in full-year net profit. Business • 26 Jul 12
Peter Hagan appointed AIB non-executive director Allied Irish Banks has announced the appointment of Mr Peter Hagan as non-executive director. Business • 26 Jul 12
GlaxoSmithKline Q2 net profit up but sales drop Pharmaceutical company GlaxoSmithKline has reported a 13% gain in net profit in its second quarter compared with a year ago, but sales and earnings fell … Business • 25 Jul 12
US Geithner defends actions over rate-fixing Republican lawmakers have criticised Treasury Secretary Timothy Geithner for failing to alert Congress four years ago that banks could manipulate a key global interest rate. Business • 25 Jul 12
VHI protection may cease by 2013 The European Commission has proposed changes to State aid rules, so that the protection enjoyed by the VHI ceases by the end of next year. Business • 25 Jul 12
Irish air travel tax unfair - European Commission The European Commission has decided that the Irish air travel tax is unfair and has ordered Ireland to recover the advantage from all airlines that … Business • 25 Jul 12
Tullow Oil reports increase in revenue and profit Tullow Oil has reported a 48% increase in pre-tax profit to $829m in the first six months of 2012. Business • 25 Jul 12
Apple results miss target, first time since 2003 Apple's results failed to meet expectations for the first time since 2003. Business • 25 Jul 12
Élan reports $60.3m loss in first half of 2012 Pharma group Élan has reported a net loss of $60.3m in the first half of 2012. Business • 25 Jul 12
