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Last Updated: Jan 16th, 2008 - 08:53:01 |
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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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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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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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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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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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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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International
US Hedge Fund Index shows return of 11.15% in 2007 - More than double the S&P 500 performance
The US Greenwich Global Hedge Fund Index returned +0.61% in December and +11.15% in 2007, outperforming traditional benchmarks for the month and year. The S&P 500, MSCI World Equity, FTSE 100, and Lehman Aggregate Bond Indices posted December returns of -0.69% (+5.50% YTD), -1.37% (+6.49% YTD), +0.38% (+3.80% YTD), and +0.28% (+6.96% YTD), respectively.
Jan 15, 2008, 03:25
News
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International
Markets News Afternoon: Stocks rally in US and Europe boosted by positive fourth quarter data from IBM and SAP
Markets news on stocks, oil and currencies.
Jan 14, 2008, 17:09
News
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International
IBM reports strong fourth quarter preliminary earnings boosted by Asia, Europe and Emerging Countries
IBM today announced fourth-quarter 2007 diluted earnings of $2.80 per share from continuing operations, an increase of 24 percent, compared with diluted earnings of $2.26 per share in the fourth quarter of 2006. The company also reported fourth-quarter revenue of $28.9 billion, an increase of 10 percent as reported, including 6 points of currency benefit, compared with the fourth quarter of 2006.
Jan 14, 2008, 14:39
News
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International
Markets News Monday: Start of US fourth quarter earnings season has investors worried about how banks and brokerages have performed
Markets news on stocks, commodities and currencies.
Jan 14, 2008, 09:09
News
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International
Monday Newspaper Review - Irish Business News and International Stories
Principal news stories from the Irish Times, Irish Examiner, Financial Times and New York Times.
Jan 14, 2008, 06:25
News
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International
US study says Environmental Factors shaping New Global Economy
Environmental issues were once regarded as irrelevant to economic activity, but today they are dramatically rewriting the rules for business, investors, and consumers. Around the world, innovative responses to climate change and other environmental problems are affecting more than $100 billion in annual capital flows as pioneering entrepreneurs, organizations, and governments take steps to create the Earth’s first “sustainable” global economy.
Jan 14, 2008, 05:57
News
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International
Markets News Afternoon: Report say Merrill Lynch will announce $15bn loss next week; Stocks down in US and Europe - Dublin market up; Gold tops $900
Markets news on stocks, currencies and oil.
Jan 11, 2008, 16:46
News
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International
US trade deficit increased to $63.1 billion in November
The US monthly goods and services deficit increased in November 2007, according to the US Bureau of Economic Analysis and the US Census Bureau. The deficit increased from $57.8 billion (revised) in October to $63.1 billion in November, as imports increased more than exports, boosted by higher oil prices. The October deficit was virtually unrevised from its previously published value of $57.8 billion.
Jan 11, 2008, 15:14
News
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International
OECD Composite Leading Indicators signal a downswing in all major OECD economies
The latest composite leading indicators (CLIs) suggest that a moderate slowdown in economic activity lies ahead in the OECD area. November 2007 data indicate a slowdown in all major seven economies except the United States, Germany and the United Kingdom where only a downturn is observed. The latest data for major OECD non-member economies point to continued steady expansion in China and Brazil, improved performance in Russia but a weakening outlook for India.
Jan 11, 2008, 11:46
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