Mainstay Medical has reported a loss before tax of $8.8m for the six months to the end of June, up from a figure of $6.3m the same time last year.

 

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The US Federal Reserve has once again opted to leave interest rates unchanged at the upper limit of 0.5%.

 

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The liquidators of Clerys say the winding up of the old Dublin department store is being delayed by legal proceedings and could take a further two years to complete.

 

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Volkswagen has pledged to fix all cars equipped with illicit engine software in Europe by autumn 2017, the European Commission has said.

 

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The German economy will lose steam in the second half of 2016 as weaker foreign demand causes industrial output to slow, the Finance Ministry said today.

 

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