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National / General Business / Finance Cinema / Films Diaspora Education Entertainment Features Sports Tourism

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National / General Business / Finance Cinema / Films Diaspora Education Entertainment Features Sports Tourism

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National / General Business / Finance Cinema / Films Diaspora Education Entertainment Features Sports Tourism

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National / General Business / Finance Cinema / Films Diaspora Education Entertainment Features Sports Tourism

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Friendly fire suspected in Philippines siege

No tax incentives to companies who outsource: Obama

Labor must build anew, Gillard says

Karunanidhi confident of DMK coming back to power

Curfew lifted from entire Kashmir Valley

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INTERNATIONAL - business / finance News

Anglo Irish Bank to be broken up by Dublin
Updated - 9/9/2010 - bbc.co.uk.
Wall Street giant Goldman Sachs fined £20m by UK’s FSA
Updated - 9/9/2010 - bbc.co.uk.
US economic growth decelerating, says Fed’s Beige Book
Updated - 9/9/2010 - bbc.co.uk.
Barack Obama announces $50bn infrastructure plan
Updated - 7/9/2010 - bbc.co.uk.
BA boss Willie Walsh reveals takeover ambition
Updated - 7/9/2010 - bbc.co.uk.
Bob Diamond to be new Barclays chief
Updated - 7/9/2010 - bbc.co.uk.
BP oil well poses no further risk, Allen says
Updated - 6/9/2010 - bbc.co.uk.
Security stepped up at Kabul Bank
Updated - 6/9/2010 - bbc.co.uk.
US sees 54,000 jobs lost in August
Updated - 6/9/2010 - bbc.co.uk.
Burger King sold to buy-out firm for $3.26bn (£2.1bn)
Updated - 3/9/2010 - http://www.bbc.co.uk.
Explosion on Mariner Energy oil rig in Gulf of Mexico
Updated - 3/9/2010 - http://www.bbc.co.uk.
Europe agrees new agencies to supervise financial firms
Updated - 3/9/2010 - http://www.bbc.co.uk.
Britain no basket case says trade envoy
Updated - 3/9/2010 - http://www.abc.net.au.
Apple launches social network for music called Ping
Updated - 2/9/2010 - bbc.co.uk.
Sony rolls out rival to iTunes
Updated - 2/9/2010 - bbc.co.uk.
Zara launches online retail store
Updated - 2/9/2010 - bbc.co.uk.
Lehman Brothers boss says firm could have been helped
Updated - 2/9/2010 - bbc.co.uk.
Raider Carl Icahn ups bid for Lions Gate film studio
Updated - 1/9/2010 - http://www.bbc.co.uk.
US consumer confidence rises marginally sparking rally
Updated - 1/9/2010 - http://www.bbc.co.uk.
US Federal Reserve mulls further debt purchases
Updated - 1/9/2010 - http://www.bbc.co.uk.
SEC drops fraud charges against Moody’s
Updated - 1/9/2010 - http://www.bbc.co.uk.
Dell and HP escalate 3Par bidding war further
Updated - 30/8/2010 - bbc.co.uk.
Fed’s Ben Bernanke ready to take action on economy
Updated - 30/8/2010 - bbc.co.uk.
Boeing delays delivery of 787 aircraft until next year
Updated - 30/8/2010 - bbc.co.uk.
Central banks may face further tasks, says BoE’s Bean
Updated - 30/8/2010 - bbc.co.uk.
EMI finances threatened by pension dispute
Updated - 27/8/2010 - bbc.co.uk.
Defence companies concerned over Trident replacement
Updated - 27/8/2010 - bbc.co.uk.
Hewlett Packard trumps Dell again with fresh 3Par offer
Updated - 27/8/2010 - bbc.co.uk.
U.S. Exim Bank clears loan for Reliance Power
Updated - 27/8/2010 - hindu.com.
U.S. Exim Bank to finance $900m Reliance Power project
Updated - 27/8/2010 - thehindu.com.
Tough credit card law takes effect
Updated - 25/8/2010 - thehindu.com.
Debate on extending tax breaks heats up
Updated - 25/8/2010 - hindu.com.
Yahoo’s search migrates to Microsoft
Updated - 25/8/2010 - thehindu.com.
Subdued mortgage market continues say banks
Updated - 24/8/2010 - http://www.bbc.co.uk.
Potash Corp urges rejection of BHP Billiton’s bid
Updated - 24/8/2010 - http://www.bbc.co.uk.
Cairn Energy finds oil signs off Greenland
Updated - 24/8/2010 - http://www.bbc.co.uk.
WPP profits hit Â£244m as advertising market strengthens
Updated - 24/8/2010 - http://www.bbc.co.uk.
France cuts 2011 growth forecast
Updated - 23/8/2010 - http://www.bbc.co.uk.
£70m tidal power scheme goes on display in Anglesey
Updated - 23/8/2010 - http://www.bbc.co.uk.
Businesses ’paying more’ to borrow than last year
Updated - 23/8/2010 - http://www.bbc.co.uk.
Household finance Ã¢â‚¬â„¢under pressure in AugustÃ¢â‚¬â„¢
Updated - 23/8/2010 - http://www.bbc.co.uk.
BP rejects claims it is hiding data on rig explosion
Updated - 20/8/2010 - bbc.co.uk.
Intel in $7.68bn McAfee takeover
Updated - 20/8/2010 - bbc.co.uk.
Economy fears knock Asian shares
Updated - 20/8/2010 - bbc.co.uk.
General Motors unveils plans for a massive share sale
Updated - 19/8/2010 - bbc.co.uk.
Obama says housing glut hindering economic recovery
Updated - 19/8/2010 - bbc.co.uk.
EMI losses shrink after Beatles sales boost
Updated - 19/8/2010 - bbc.co.uk.
Wal-Mart feels the squeeze in US
Updated - 18/8/2010 - bbc.co.uk.
American Apparel warns about mounting debts and losses
Updated - 18/8/2010 - bbc.co.uk.
UK inflation rate slows again in July
Updated - 18/8/2010 - bbc.co.uk.

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Anglo Irish Bank to be broken up by Dublin

Updated - 9/9/2010 - bbc.co.uk.

The Irish government has said it will break up the nationalised Anglo Irish Bank as part of the bank’s resolution.

The failed lender will be split in two - a funding bank and an asset recovery bank, the finance ministry said.

The asset recovery bank would retain a banking licence, but would focus on managing the existing loans inherited by Dublin when it took over the bank.

The funding bank, meanwhile, will hold all of Anglo’s deposits and will not engage in any new lending.

"It will be a stand-alone, regulated bank, completely separated from Anglo’s loan assets and it will be owned directly by the Minister for Finance," said Finance Minister Brian Lenihan.

www.bbc.co.uk/news/uk-northern-ireland-11235023

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