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Last Updated: Jan 16th, 2008 - 08:53:01 |
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News
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International
Markets News Wednesday: Stocks deep in red ink across the globe: Asia-Pacific and Europe slump following grim day in New York
Markets news on stocks, currencies and commodities.
Jan 16, 2008, 08:41
News
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Irish
C&C reports plunge in UK cider sales; Revenue and profit margin to fall 10% in year to February 29, 2008
C&C Group plc, the Irish cider manufacturer and beverages distributor, today issued a trading statement for the six months ending 29 February 2008.
Jan 16, 2008, 07:44
News
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International
Apple launches MacBook Air - the world’s thinnest notebook
Apple on Tuesday introduced what it terms the world’s thinnest notebook: MacBook Air.
Jan 16, 2008, 05:55
News
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International
Europe suffered a slowdown in labour productivity in 2007; Rich countries face struggle to achieve rises in living standards
Europe suffered a slowdown in labour productivity - growth in output per hour worked - growth in 2007 as the business cycle passed its peak and structural reform remained sluggish.
Jan 16, 2008, 03:05
News
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International
Wednesday Newspaper Review - Irish Business News and International Stories
Principal news stories from the Irish Times, Irish Examiner, Financial Times and New York Times.
Jan 16, 2008, 07:04
News
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International
Intel reports 51% rise in Q4 2007 net income but cautious outlook for 2008 sends shares plunging 14% in after-hours trading
Intel, the giant US computer chip maker, on Tuesday announced record fourth-quarter revenue of $10.7 billion, operating income of $3 billion, net income of $2.3 billion - up 51 percent, and earnings per share (EPS) of 38 cents. For 2007, operating income grew 45 percent, reflecting the company's ongoing efficiency programs, with profits growing significantly faster than revenue.
Jan 16, 2008, 03:34
News
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Irish
Shannon Development calls for urgent national launch of high-speed fibre Broadband infrastructure across Ireland
Shannon Development Chief Executive, Kevin Thompstone, has called for the urgent rollout of a €4 billion high-speed broadband telecommunications infrastructure across Ireland.
Jan 16, 2008, 02:44
News
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International
Markets News Afternoon: Citi rains heavily on markets in Europe and US - Dublin plunges almost 4%
Markets news on stocks, currencies and oil.
Jan 15, 2008, 16:55
News
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European
German ZEW Indicator of Economic Sentiment fell in January to a to 15-Year low indicating plunge in investor confidence
The German ZEW Indicator of Economic Sentiment decreased in January 2008 once again and now stands at minus 41.6 points after minus 37.2 points in the previous month. This is still well below its historical average of 31.0 points and is the lowest since 1993 - a 15-year low.
Jan 15, 2008, 16:29
News
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Irish
Irish SMEs can reduce costs by adopting Green IT
Energy represents the biggest cost increase for small and medium sized enterprises globally over the last two years so there are good business as well as environmental reasons for Irish SMEs (Small and Medium Sized Enterprises) to adopt a green approach to IT. The need for Irish SMEs to adopt a more green approach to IT was highlighted recently when oil reached $100 a barrel.
Jan 15, 2008, 15:04
News
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International
US retail sales fell in December signalling that consumer spending is under strain; Producer/Wholesale prices rose 6.3% in 2007 - the highest since 1981
US retail sales fell 0.4% in December, the US Commerce Department said today. The drop indicated that consumer spending, which accounts for over 70% of US national output, is under strain. The Department of Labor also reported today a small decline in US producer/Wholesale prices in December but for 2007 as a whole, they recorded the highest calendar-year increase in over a quarter century, fuelled by higher energy, commodity and food prices.
Jan 15, 2008, 14:43
News
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Irish
Irish construction employment fell 5.4% in year to November 2007 - actual job losses were about 15,000
The CSO reported today that employment in Irish private firms (with five or more persons engaged) in the construction industry decreased by 5.4% in November 2007 by comparison with November 2006.
Jan 15, 2008, 14:13
News
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International
Citigroup reported Q4 2007 loss of $9.83 billion; Write-downs and increased credit costs were a massive $22.2 billion
Citigroup Inc. today reported a net loss for the 2007
fourth quarter of $9.83 billion, or $1.99 per share. Results include $18.1
billion in pre-tax write-downs and credit costs on sub-prime related direct
exposures in fixed income markets, and a $4.1 billion increase in credit costs
in US consumer primarily related to higher current and estimated losses on
consumer loans.
Jan 15, 2008, 13:01
News
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Irish
Two Dublin Firms "score major deals" during South Africa Trade Mission
Two Dublin firms have secured major deals during Ireland's "largest ever" Trade Mission to South Africa, according to the Minister for Enterprise, Trade and Employment, Micheal Martin.
Jan 15, 2008, 12:39
News
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European
UK Annual Consumer Price Inflation held steady in December at 2.1%
UK Annual Consumer Price Inflation (CPI) – the UK Government's target measure – was 2.1 per cent in December, unchanged from November.
Jan 15, 2008, 11:48
News
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European
Total cost of employment in Ireland at €38,541in 2007 - 16th of 24 EU countries; New EU member states have lowest labour costs
The Deloitte 2007 Remuneration Survey reveals that a wide divergence in remuneration levels still prevails across EU member states. Ireland is now 16th out of the 24 countries in terms of the overall cost of employment with a figure of €38,541, an increase of 4.6% from €36,852.
Jan 15, 2008, 10:13
News
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International
Markets News Tuesday: Citi bad news awaited; Markets fall in Asia-Pacific and Europe; Dollar up from near record low against Euro; Gold price over $900
Market news on stocks, currencies and commodities.
Jan 15, 2008, 09:01
News
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International
Hong Kong and Singapore again head Index of Economic Freedom; Ireland gets third ranking
The level of economic freedom found throughout the world remained essentially unchanged over the last year, with overall gains in only two of the five regions examined in the 14th annual Index of Economic Freedom, released today by The Heritage Foundation and The Wall Street Journal.
Jan 15, 2008, 07:30
News
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International
Tuesday Newspaper Review - Irish Business News and International Stories
Principal news stories from the Irish Times, Irish Examiner, Financial Times and New York Times.
Jan 15, 2008, 06:55
News
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European
European Union countries fighting over share-out for cutting greenhouse gas emissions; Environment Commissioner now says some biofuels do more harm than good
European Union countries are fighting for national interest within days of the Commission publishing the country-by-country targets share-out for cutting greenhouse emissions.
Jan 15, 2008, 06:01
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