What it says in the papers – business pages
Here's a look at what it says in the business papers of today's newspapers:
- Unions at Axa have accused the company of a breach of an agreement over its plans to lay off staff and shut branches.
- IDA confident of getting Brexit spoils despite deterrent of high personal tax and housing shortages.
- Anti-drink law will cost media €20m a year and risk jobs, according to new research for the sector.
- US private equity giant KKR has launched a A$650m (€435m) bid for Pepper Finance, the Australian stock market-listed mortgage lender and loan-servicing group
- The boss of the UK's Stobart Group has refused to be drawn on whether the company would be interested in buying UK regional carrier Flybe.
- AIB is seeking further voluntary redundancies to bring the total number of employees expected to leave the bank to between 160 and 200 by the end of the year.
- A major row between global pharmaceutical giants Gilead, Mylan and Actavis over a life-saving HIV drug is about to spill over into the High Court in Dublin.
- Five cancer drugs are awaiting Ministerial approval for introduction to the Irish market as the Government unveils its new €1 billion cancer strategy.
- Worldpay Group, the UK’s leading payments processor, has reached a preliminary agreement to combine with its US rival Vantiv.
- Windfall of £1bn ‘no silver bullet for North’s economy’, says report, as its economic growth is set to slump 1pc this year.
- Wholesale and retail company Musgrave is to “invest heavily” in online grocery shopping as Irish shoppers adjust their shopping habits, its chief executive has said.
- The Central Bank attracted over 10,000 job applications and filled over 500 positions last year, the Minister for Finance has said.