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  • The Latest: Moody's downgrades Greece to Caa3 Wednesday, 1 Jul 2015 | 3:39 AM ET

    ATHENS, Greece— The latest news on Greece's financial woes:. A huge banner that urged Greek voters to reject a bailout deal from the country's creditors at Sunday's referendum has been taken down from the front of the Finance Ministry. German Chancellor Angela Merkel is sticking to her position that there can be no negotiations on a new aid package before Greece...

  • *Controls lasted years in Cyprus and Iceland. *Greece could stabilise banks but system may go bankrupt. ATHENS/ LONDON, June 29- Capital controls imposed in Greece are likely to stay in place for months and its banks may need billions of euros of new capital or even face nationalisation under a lengthy financial rebuilding, industry sources said.

  • *Controls lasted years in Cyprus and Iceland. *Greece could stabilise banks but system may go bankrupt. ATHENS/ LONDON, June 29- Capital controls imposed in Greece are likely to stay in place for months and its banks may need billions of euros of new capital or even face nationalisation under a lengthy financial rebuilding, industry sources said.

  • DUBLIN, June 29- A Boeing 787 Dreamliner en route from Mexico City to Paris made an emergency landing at Ireland's Shannon Airport on Monday and all 193 people on board disembarked safely, a spokesman for the airport said on Monday. Mexico's Aeromexico said in a statement that an alert in the cargo hold of the flight caused it to divert, and a spokesperson later...

  • PARIS— Pierce Brosnan and Gary Oldman attended the Saint Laurent Paris show— not as celebrity actors but as proud and genuinely nervous parents. Their sons, Dylan Brosnan and Charlie Oldman made their runway modeling debuts in the show after being discovered by designer Hedi Slimane. Here are the highlights of the last day of Paris Menswear Week, including Saint...

  • DUBLIN, June 26- Greece's bailout battle with Germany is casting a long shadow in Ireland, dividing political and public opinion over whether Dublin should stand alongside Athens as a fellow bailout recipient or push to ensure the Greeks don't get an easy ride. When Noonan was reported to have been one of the harshest critics of Greece in talks this week, the...

  • Accenture tops Street 3Q forecasts Thursday, 25 Jun 2015 | 7:12 AM ET

    DUBLIN _ Accenture PLC on Thursday reported fiscal third-quarter earnings of $793.7 million. Ten analysts surveyed by Zacks expected $7.54 billion. For the current quarter ending in August, Accenture said it expects revenue in the range of $7.45 billion to $7.7 billion.

  • BRUSSELS, June 25- British Airways- owner IAG has offered concessions in an attempt to win European Union regulatory approval for its planned acquisition of a 25 percent stake in Ireland's Aer Lingus, the European Commission said on Thursday. IAG wants to expand lucrative transatlantic services from Dublin airport where there is spare capacity, unlike...

  • DIARY- Top Economic Events to July 7 Wednesday, 24 Jun 2015 | 8:01 PM ET

    WASHINGTON- Federal Reserve Board Governor Daniel Tarullo participates in "Conversation on the Economy and Financial Regulation" before the Council on Foreign Relations- 1200 GMT. WINDSOR, Canada- Bank of Canada Deputy Governor Lawrence Schembri will give a speech to the Windsor-Essex Regional Chamber of Commerce- 1610 GMT. LAUSANNE, Switzerland- Swiss...

  • *EU says Greece must spell out actions. ATHENS, June 23- Greece's leftwing government expressed confidence on Tuesday that parliament would approve a debt deal with lenders, despite an angry reaction from some of its own lawmakers who accused it of caving in to pressure for more austerity. One lawmaker said the deal was tantamount to a "tombstone" for Greece, after...

  • DUBLIN/ FRANKFURT, June 23- The European Central Bank increased its funding lifeline to Greece's banks again on Tuesday, sources with direct knowledge of the decision said, allowing the country's banks to stay open as Athens inches towards a deal with creditors. But the latest increase, which one of the people said amounted to "a bit less than one billion euros",...

  • LONDON, June 19- Citigroup is planning to shift the head office of its European retail banking operation to Dublin from London to benefit from lower costs and capital requirements. This week the bank wrote to clients to say the UK- based business, Citibank International Limited, which operates a small number of branches across some 20 European countries, would be...

  • Spain has one of the fastest-growing economies in the European Union. Ireland, a model student in the lessons of austerity, has slashed unemployment nearly in half in the past three years. With the government in Athens rebelling against austerity, some people see Greece as trying to duck out of its commitments and dodge the pain that others went through.

  • LONDON, June 18- Baillie Gifford, the largest independent investor in the Dublin- based Dragon Oil, said the takeover offer from majority owner Emirates National Oil Co "materially undervalued" the company. ENOC, which owns 54 percent of Dragon Oil, raised its offer this week to buy out the minority shareholders to 750 pence per share, valuing the stock it does not...

  • DUBLIN, June 18- European officials used anonymous media briefings to undermine market confidence in Ireland and increase pressure on the government to accept a bailout in 2010, the head of the finance ministry at the time said on Thursday. Kevin Cardiff, the secretary general of the Department of Finance in November 2010, did not specify whether the officials...

  • PARIS, June 17- CFM International said at the Paris air show on Wednesday that Dublin- based aircraft leasing company Avolon had picked its LEAP-1A engine to power 20 new Airbus A320neo aircraft in a deal worth $590 million at list prices.

  • DIARY- Top Economic Events to June 26 Friday, 12 Jun 2015 | 8:01 PM ET

    DUBLIN- Central Bank of Ireland Director of Policy and Risk Gerry Cross and European Commissioner for Financial Services Jonathan Hill speak at the FIBI International Banking Conference 2015. VIENNA- Austrian National Bank hosts conference on long-term perspectives for economic growth. Speakers:- European Central Bank Governing Council member Ewald...

  • DIARY- Top Economic Events to June 23 Thursday, 11 Jun 2015 | 8:01 PM ET

    BRUSSELS- The European Union and Mexico will hold the 7th EU-Mexico summit. SYDNEY- Reserve Bank of Australia Assistant Governor Guy Debelle speaks at the Launch of Financial Integration in the Asia Pacific: Future of Australian Financial Services- 2155 GMT. DUBLIN- Central Bank of Ireland Director of Policy and Risk Gerry Cross and European Commissioner for...

  • NEW YORK, June 11- Global equity markets rose on Thursday on optimism Greece would accept an aid-for-reforms deal and on strong U.S. retail sales, which lifted the U.S. dollar and bolstered expectations the Federal Reserve will raise interest rates this year. U.S. retail sales rose 1.2 percent in May after an upwardly revised 0.2 percent gain in April, the Commerce...

  • LONDON, June 11- Italian, Irish and Spanish bond yields pushed lower on Thursday after investors hunting for bargains after a sharp sell-off snapped up more than 12 billion euros of debt at auctions in Rome, Dublin and Madrid. Spain also drew solid demand for its 5.8 billion euro sale of 2018, 2020 and 2023 bonds, as did Ireland, which sold 750 million euros of 15- year...