The chief executive of Volkswagen will meet members of the firm's board later, with his job threatened by the company's emissions cheating scandal.
The embattled car firm admits software used to rig exhaust tests may have been in some 11 million vehicles worldwide and now faces a criminal investigation in the US and further probes in countries including Germany, France and South Korea.
The car manufacturer's shares have taken a hammering, falling by close to 20% through both Monday and Tuesday, wiping billions off of the market value of the company.
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The cost of renting in Dublin rose by almost 10 percent in the second quarter of this year, while rents outside the capital are up by almost 6 percent.
When compared to the same time last year rents in Dublin have jumped by €110 a month, while rents are up by €37 in the rest of the country.
It means that Dublin rents are now only 3.5 per cent lower than they were at the peak of the boom in 2007.
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Fresh-data released overnight shows that manufacturing in China has hit a six-year low.
The Caixin/Markit preliminary purchasing managers’ index for September fell to 47 - down from 47.3 in August.
Any value below 50 signals contraction - this was the lowest value since 2009.
This news sent shares tumbling across Asia - the Hang Seng Index fell by 3%, and the Shanghai Composite Index lost 2.2%.
The Shanghai market is down 39% on the peak-values recorded in June.
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Digicel, the telecoms group owned and founded by businessman Denis O’Brien, could raise up to $2.3bn when it floats on the New York Stock Exchange.
At the $14.50 mid price of this range, the flotation would raise about $1.8bn in new equity capital, equivalent to about a 40% stake in the company. Denis O’Brien will retain strong control of Digicel’s voting rights.
The company has said, in filings submitted to US Securities and Exchange Commission, that it plans to sell roughly 142 million shares at a price in the region of $13 and $16 per share.
Digicel has a wide range of interests in the telecoms industry, serving over 13 million customers, with many in the Caribbean and South Pacific.
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British prime minister David Cameron has called on European leaders to deport more economic migrants who don't have a genuine claim to asylum.
The call came during a meeting at Chequers with French president Francois Hollande, Mr Cameron will join other European leaders at an emergency summit in Brussels later today.
A deal agreed yesterday to relocate 120,000 people across the EU is already creating huge rifts among member states.
A Downing Street spokesman said Mr Cameron and Mr Hollande spoke for an hour about the migration crisis, the situation in Syria and climate change.
Additional reporting from IRN
