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Sparkling growth in profits at Waterford
Waterford Wedgwood has reported a 41 per cent rise in first-half operating profits despite difficult market conditions. p
Trintech shares surge 20% as buy-back plan approved
Shares in Trintech surged by 20 per cent yesterday following the Dublin-based software firm's announcement that it had received final approval to start a $5 million (€5 million) share buy-back plan. p
Stock slump and Iraq taking toll on US economy - Greenspan
Mr Alan Greenspan warned yesterday that the US economy had hit a "soft spot" and that the fall-out from the stock market slump and concern about war with Iraq had diminished business prospects. p
Other Stories
Joyce museum is being considered
The Government is considering a proposal to set up a multimedia museum commemorating the life of James Joyce at the Digital Hub in Dublin to coincide with the centenary of Bloomsday in 2004. pCable & Wireless restructuring to hit 3,500 jobs
Up to 170 jobs at Cable & Wireless Ireland are at risk following the firm's decision yesterday to shed 3,500 jobs and pull out of continental Europe and the US. pPalmer and McGuinness resign from Independent
Mr David Palmer and Mr Gerry McGuinness have resigned from the board of Independent News & Media. pEurope's teenagers focus for anti-smoking drive
A new pan-European campaign to prevent smoking among teenagers airs this week. Moby, Sophie Ellis Bextor and Liberty X star in what is the biggest testimonial campaign to be implemented in Europe. pChief executive named for €250m Digital Hub
The firm which is managing the Government's flagship €250 million plan to develop a Digital Hub in Dublin has appointed a new chief executive, Mr Philip Flynn. pEuro referendum not on British agenda yet
The British government unveiled its legislative plans for the year yesterday but plans for a referendum on euro entry were conspicuous by their absence, quashing speculation that a change of gear was afoot. pRepublic's growth forecast drops to 3.3%
The European Commission has revised downwards its forecast for economic growth in the Republic, predicting that the economy will grow by just 3.3 per cent this year. The Commission's Autumn Economic Forecasts, which were published in Brussels yesterday, predict sluggish growth in Ireland next year before the economy bounces back in 2004. pGalen's results beat market expectations
Northern Irish pharmaceutical group Galen has reported a strong set of full-year results, beating market expectations. pCorporate reform in disarray
The Bush administration's response to corporate crime has been thrown into disarray by a series of resignations that has left both the Security and Exchange Commission (SEC) and a new accountancy oversight board without leadership. pElan to receive $100m for restructured deal with Ligand
Elan is to receive a $100 million (€99 million) cash payment from San Diego-based pharmaceuticals group Ligand for restructuring its agreement with the company regarding Avinza, an oral form of morphine. pNon-EU trade down by 7% in September
Trade activity between the Republic and non-EU countries weakened significantly in September, according to new data from the Central Statistics Office. pResults revive interest in Waterford Wedgwood
MARKET REPORT: Activity in Waterford Wedgwood was the strongest in some time after it reported results yesterday that were well received. The share raced ahead seven cents to 47 cents in the aftermath of the figures only to give up those gains and end the session unchanged in heavy trade. p
