http://www.ireland.com/breakingnews hourly 5 2008-05-09T22:25:06+01:00 Irish news and breaking headlines from ireland.com - Ireland en-ie ireland.com 2008-05-09T22:25:06+01:00 Copyright 2008, ireland.com. http://www.ireland.com/newspaper/breaking/2008/0509/breaking66.htm  The ISEQ Index closed the day at 6,431.38, a loss of 51.28 which capped a lacklustre week for most Irish shares. Business text/html 2008-05-09T18:17:29+01:00 http://www.ireland.com/newspaper/breaking/2008/0509/breaking57.htm Ryanair shares have fallen by 4.7 per cent in Dublin this afternoon after Merrill Lynch cut its share-price estimate for the airline. Business text/html 2008-05-09T15:01:51+01:00 http://www.ireland.com/newspaper/breaking/2008/0509/breaking36.htm Oil rose to a record above $125 and was set for the biggest weekly gain in more than a year on speculation reduced exports from Nigeria will curb US supplies during the peak summer driving season. Business text/html 2008-05-09T14:32:25+01:00 http://www.ireland.com/newspaper/breaking/2008/0509/breaking53.htm The US trade deficit narrowed more than forecast in March as imports dropped by the most in more than six years, reflecting the economic slowdown. Business text/html 2008-05-09T14:15:18+01:00 http://www.ireland.com/newspaper/breaking/2008/0509/breaking52.htm Analysis: The announcement by Guinness’s parent company Diageo that it is to sell half the land at its iconic St James’s Gate site in Dublin and close its breweries in Kilkenny and Dundalk with the loss of 250 jobs will undoubtedly leave a long and bitter aftertaste, writes Laura Slattery. Business text/html 2008-05-09T14:09:27+01:00 http://www.ireland.com/newspaper/breaking/2008/0509/breaking48.htm Heavy losses reported by AIG have sent European markets lower and the Iseq has fallen on the negative sentiment. Business text/html 2008-05-09T13:39:42+01:00 http://www.ireland.com/newspaper/breaking/2008/0509/breaking2.htm Diageo is to close its breweries at Kilkenny and Dundalk, significantly reduce its brewing capacity at St James's Gate and build a new brewery on the outskirts of Dublin under a plan announced today. Business text/html 2008-05-09T13:10:07+01:00 http://www.ireland.com/newspaper/breaking/2008/0509/breaking33.htm Tánaiste and Minister for Enterprise, Trade and Employment, Mary Coughlan said the decision by Diageo to invest over €650 million in its brewing operations in Ireland would “secure “the future of brewing in Ireland.” Business text/html 2008-05-09T12:05:33+01:00 http://www.ireland.com/newspaper/breaking/2008/0509/breaking34.htm European banks expect to tighten credit standards in the second quarter at slower pace than in the first three months of the year, the European Central Bank said today. Business text/html 2008-05-09T11:26:12+01:00 http://www.ireland.com/newspaper/breaking/2008/0509/breaking30.htm Aga Foodservice Group, the UK maker of country-style stoves, said first-half domestic revenue from cast-iron cookers will be flat and sales in Ireland will fall on dropping consumer demand. Business text/html 2008-05-09T10:30:40+01:00 http://www.ireland.com/newspaper/breaking/2008/0509/breaking28.htm HMV Group, the UK's largest music retailer, said revenue growth accelerated in the fiscal fourth quarter as a boom in video game sales helped the chain win back shoppers from supermarkets and online competitors. Business text/html 2008-05-09T10:08:37+01:00