- European, US stocks unnerved by GreeceDAVE SHELLOCKTHE LACK of progress on Greece’s debt and austerity negotiations unsettled US and European stocks yesterday, although the modest declines – particularly after last week’s hefty gains – suggested risk appetite in the markets remained relatively solid.
- Government debt across Europe well above EU limits for healthy economyEUROPE’S DEBT in late 2011 stood well above the EU’s limits for a healthy economy, with even powerhouse Germany bearing a debt load that could take decades to pay down, although borrowing as a proportion of output was smaller than for the United States.
- Glencore expected to unveil details of Xstrata merger planCOMMODITIES trading group Glencore is expected today to formally unveil a proposed merger with Swiss miner Xstrata alongside the mining group’s annual results.
- No representation for Quinn in family's Anglo caseMARY CAROLANBANKRUPT BUSINESSMAN Seán Quinn will not be represented in the action being taken by his family to prevent Anglo Irish Bank pursuing them to recover loans of €2.3 billion advanced to companies in the Quinn group, the Commercial Court has heard.
- China bans its airlines from paying EU carbon taxCLIFFORD COONAN in BeijingCHINA HAS banned its airlines from paying EU carbon taxes, a move that could intensify trade tensions between the world’s second largest economy and its biggest trading partner a week before they meet for a summit.
- Wall Street comes to Belfast with trading room at Queen'sFRANCESS McDONNELLQUEEN’S UNIVERSITY in Belfast is set to create a virtual Wall Street with the launch of the city’s first financial trading room.
Sectors »
- Financial ServicesWall Street comes to Belfast with trading room at Queen'sFRANCESS McDONNELLQUEEN’S UNIVERSITY in Belfast is set to create a virtual Wall Street with the launch of the city’s first financial trading room.
- Construction & PropertyCantillonInside the world of business
- Energy & ResourcesGlencore expected to unveil details of Xstrata merger planCOMMODITIES trading group Glencore is expected today to formally unveil a proposed merger with Swiss miner Xstrata alongside the mining group’s annual results.
- Health/PharmaAlkermes reports third-quarter loss but upgrade forecastIrish drug technology business Alkermes reported a net loss of $14.8 million for its fiscal third quarter to the end of December last but upgraded forecasts for the full year.
- Media & MarketingSky in talks on 'triple play'CIARÁN HANCOCK, Business Affairs CorrespondentSATELLITE broadcaster Sky is in talks with local telecoms operators about providing telephone and broadband services to its 675,000 subscribers in the Republic.
- ManufacturingCemex increases offer for Readymix by 13%CIARA O'BRIEN and BARRY O'HALLORANCEMEX HAS increased its €9.5 million bid for Irish building materials group Readymix by more than 13 per cent, after discussions with an independent committee set up to assess the offer.
- Retail & ServicesDCC buys Swedish fuel firm for €22.7mBARRY O'HALLORAN and CIARA O'BRIENSHARES IN industrial holding group DCC rose yesterday after the company announced that it had completed its €22.7 million acquisition of Swedish fuel distributor Swea Energi.
- Transport & TourismChina bans its airlines from paying EU carbon taxCLIFFORD COONAN in BeijingCHINA HAS banned its airlines from paying EU carbon taxes, a move that could intensify trade tensions between the world’s second largest economy and its biggest trading partner a week before they meet for a summit.
- Other SectorsMinister concerned that only one NI firm on award shortlistGERRY MORIARTY, Northern EditorTHE NORTH’S Minister of Enterprise, Trade and Investment, Arlene Foster, has expressed disappointment that, of 18 companies shortlisted for
The Irish Times InterTradeIreland Innovation Awards, only one is from Northern Ireland.
Markets »
- ISEQ TodayStocks advance to a six month high
- LondonFormer Dixons chief moves to Apple in US
- EuropeGreek debt woes weigh on markets
- United StatesGreek fears halt share rally
- AsiaAsian shares rise on US data
Dublin Today »
| Company | Latest Price € | % Change |
|---|---|---|
| ALLIED IRISH BANKS PLC - ESM | 0.092 | 15.00 |
| PROVIDENCE RESOURCES PLC - ESM | 2.101 | 5.05 |
| SMURFIT KAPPA GROUP PLC | 5.1 | 3.03 |
| KENMARE RESOURCES PLC | 0.464 | -8.84 |
| PETROCELTIC INTERNATIONAL PLC - ESM | 0.0665 | -11.33 |
| IRISH LIFE & PERMANENT GROUP HOLDINGS PLC - ESM | 0.027 | -12.90 |
Storm clouds gather over Athens as the EU and Greek flags fly side by side. A UniCredit economist said talks were getting down to the wire with no more than one or two weeks left to get agreements in place."If we are to avoid a messy default".
Blogs »
- Excellent….Ciara O'Brien | Minibyte »Feel like being ordered around by Mr Burns? Or how about Marge Simpson? TomTom has released new...
- A centenary to remember: Titanic on screenLaura Slattery | The Index »Glossing aside for one moment the ever-so-slight contradiction in celebrating a feat of engineering...
- What has Europe ever done for us?John Collins | Current Account »Quite a lot if you look at the graphic below. With impeccable timing, the Institute of...
Opinion & Analysis »
- Jobs data is good news but more still needs to be done for US recoveryIN A better world – specifically, a world with a better policy elite – a good jobs report would be cause for unalloyed celebration. In the world we actually inhabit, however, every silver lining comes with a cloud.
- CantillonInside the world of business
Economy »
- European, US stocks unnerved by GreeceDAVE SHELLOCK
THE LACK of progress on Greece’s debt and austerity negotiations unsettled US and European stocks yesterday, although the modest declines – particularly after last week’s hefty gains – suggested risk appetite in the markets remained relatively solid. - Government debt across Europe well above EU limits for healthy economyEUROPE’S DEBT in late 2011 stood well above the EU’s limits for a healthy economy, with even powerhouse Germany bearing a debt load that could take decades to pay down, although borrowing as a proportion of output was smaller than for the United States.
- Jobs data is good news but more still needs to be done for US recoveryPAUL KRUGMANIN A better world – specifically, a world with a better policy elite – a good jobs report would be cause for unalloyed celebration. In the world we actually inhabit, however, every silver lining comes with a cloud.
- Dealmaker could end up drawing himself out of the pictureFRANCESS McDONNELLBELFAST BRIEFING : IT IS not often you find a mergers and acquisitions lawyer keen to talk himself out of a job – particularly one referred to in certain circles in Belfast as the “dealmaker”.
- Europe's debt continues to riseEurope's debt in late 2011 stood well above the EU's limits for a healthy economy, with even powerhouse Germany bearing a debt load that could take decades to pay down, although borrowing as a proportion of output was smaller than for the United States.
Technology »
- Content removed from Indian sitesGoogle and Facebook have removed content from some Indian domain websites following a court directive warning them of a crackdown “like China” if they do not take steps to protect religious sensibilities.
- Tech firms block content from Indian sitesGoogle and Facebook have removed content from some Indian domain websites following a court directive warning them of a crackdown "like China" if they did not take steps to protect religious sensibilities.
- NovaUCD predict 300 highly skilled jobs will be created over next two yearsLAURA SLATTERYIRELAND’S BID to boost its “smart economy” credentials received support from NovaUCD, the university-linked innovation and technology transfer centre, yesterday as it forecast that some 300 highly skilled jobs would be created by the 37 companies based at the centre over the next two years.
- Olympus to hold emergency meetingOLYMPUS, THE Japanese camera maker suing 19 current and former executives over accounting fraud, will hold an emergency shareholders’ meeting on April 20th, it said in a statement to the Tokyo Stock Exchange.
- Sky in talks on 'triple play'CIARÁN HANCOCK, Business Affairs CorrespondentSATELLITE broadcaster Sky is in talks with local telecoms operators about providing telephone and broadband services to its 675,000 subscribers in the Republic.
Market Data »
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