- Markets fall worldwide on euro crisis
Dow Jones: 12,801.23 (-0.69%) Nasdaq: 2,547.32(-0.65%) SP 500: 1,342.64 (-0.69%) EQUITY MARKETS across the globe fell yesterday, with European stocks dropping for the fourth time in five days.
- Smurfit Kappa gains fail to lift Iseq
Eurostoxx 50: 2,512.77 (–0.05%) Frankfurt DAX: 6,748.76 (–0.08%) Paris CAC: 3,410 (–0.05%
- Markets fall worldwide on euro crisis
Dow Jones: 12,801.23 (-0.69%) Nasdaq: 2,547.32(-0.65%) SP 500: 1,342.64 (-0.69%) EQUITY MARKETS across the globe fell yesterday, with European stocks dropping for the fourth time in five days.
- Former Dixons chief moves to Apple in US
APPLE IS hiring Dixons chief executive John Browett, who drove a recent turnaround at the British electronics retailer, to lead the iPad maker’s retail expansion.
Europe »
- Shares fall in early trade
European shares fell in early trade today, after euro zone finance ministers imposed further conditions before approving a rescue package for Greece, causing investors further anxiety about the region's debt crisis.
- Markets advance on Greece debt deal
MARKETS PERFORMED strong- ly as Greek leaders finally struck a deal to cut as much as €100 billion of its debt and the European Central Bank said it saw a more positive economic outlook and left its base interest rate at a record low.
- Stocktake
Costly flotations: Few Wall Street flotations have been as anticipated as Facebook’s. Even fewer have been as expensive, according to Florida finance professor Jay Ritter.
- Greek fears halt share rally
Fears that Greece might not accept the terms of a proposed new bailout deal brought a rally in global shares and the euro to a halt today, undermining the positive effect of better global economic data.
Asia »
- Shares fall in early trade
European shares fell in early trade today, after euro zone finance ministers imposed further conditions before approving a rescue package for Greece, causing investors further anxiety about the region's debt crisis.
- Shares struggle amid Greek woes
Shares struggled but the euro recovered today, as markets were left without a clear direction after Greek political leaders failed again to conclude a deal for a bailout package, which Athens needs to avoid a messy debt default.
Bonds »
- Fitch says Irish bond swap good news but risks loom
THE GOVERNMENT’S €3.5 billion bond swap this week was “an encouraging sign” but the timing and cost of the State returning to the markets remains uncertain, ratings agency Fitch has said.
- Nobel economist criticises Irish bondholder payments
NOBEL PRIZE-winning economist Joseph Stiglitz has described the continued payments by the Government to unsecured bondholders as “unconscionable”.
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