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European markets close deep in the red
Fri, 05/18/2012 - 17:55European stock markets closed deep in red today, as mounting fears about the ability of Spain and Greece to deal with debts and fix their troubled banking sectors spooked investors.
Categories: Ireland
IBM to create 200 new jobs in Mulhuddart
Fri, 05/18/2012 - 17:51IBM, which currently employs more than 3,000 in Ireland, is to create 200 jobs at a new international services centre in Mulhuddart.
Categories: Ireland
Facebook has mixed start trading on Nasdaq
Fri, 05/18/2012 - 17:46Facebook shares hover around break-even as its leap of 12% in opening trade today came crashing down.
Categories: Ireland
50 jobs to go with Glanbia sale of Yoplait brand
Fri, 05/18/2012 - 17:2750 people are to lose their jobs at the Glanbia facility at Inch in Co. Wexford following the company's decision to end it's franchise agreement with Yoplait.
Categories: Ireland
Oil prices slide to multi-month low levels
Fri, 05/18/2012 - 15:03World oil prices slid to new multi-month lows today as the market was rattled once again by concern about the outlook for demand linked to the eurozone debt crisis, analysts said.
Categories: Ireland
Bank of Ireland agrees terms on 1,000 redundancies
Fri, 05/18/2012 - 14:55The terms of the redundancy agreement that will see up to 1,000 staff leave Bank of Ireland have been agreed.
Categories: Ireland
IBOA to consider recommendation on AIB job losses
Fri, 05/18/2012 - 13:44IBOA The Finance Union is to consider the mediator’s recommendation on AIB job losses of up to 2,500 staff. However, the IBOA is seeking an urgent meeting with senior management to discuss its plans for the future.
Categories: Ireland
Moody's downgrades 16 Spanish banks
Fri, 05/18/2012 - 13:29Ratings agency Moody's has cut the ratings of 16 Spanish banks by between one and three notches.
Categories: Ireland
Euro crisis big threat to emerging Europe
Fri, 05/18/2012 - 12:14Lacklustre growth in emerging European economies could turn into recession if the euro zone crisis escalates, the European Bank for Reconstruction and Development has said today.
Categories: Ireland
Britain's Cameron backs Hollande deficit plans
Fri, 05/18/2012 - 11:27British Prime Minister David Cameron backed new French President Francois Hollande's deficit plans as the leaders prepared to meet for the first time in Washington today.
Categories: Ireland
Passengers increase, revenue down - ICG statement
Fri, 05/18/2012 - 11:10Irish Continental Group (ICG) has issued its interim management statement which shows revenue is down and the group has seen a reduction in numbers for many of its services.
Categories: Ireland
IN&M reports a drop in revenue in year to date.
Fri, 05/18/2012 - 11:09Independent News and Media reports a drop in revenue, with a rise in digital advertising offsetting a fall in traditional advertising.
Categories: Ireland
Business News
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- DCC
- European markets close deep in the red
- IBM to create 200 new jobs in Mulhuddart
- Facebook has mixed start trading on Nasdaq
- 50 jobs to go with Glanbia sale of Yoplait brand
- Oil prices slide to multi-month low levels
- Bank of Ireland agrees terms on 1,000 redundancies
- IBOA to consider recommendation on AIB job losses
- Moody's downgrades 16 Spanish banks
- Euro crisis big threat to emerging Europe