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Cowen warns over public pay increases
Benchmarking: Minister for Finance Brian Cowen
fired a shot across the bows of the benchmarking body in his speech
to the Dublin Economics Workshop in Kenmare, Co Kerry, on Saturday
night. p
Airline carbon tax 'unfair'
Carbon emissions: Responsibility for most carbon emissions lies with governments and not with airlines, Ryanair chief executive Michael O'Leary told the Dublin Economic Workshop in Kenmare. p
Pfizer set to invest extra €500m at new Cork facility
Hundreds of new jobs are to be created in Cork by pharmaceutical giant Pfizer as part of a major $500 million (€353 million)expansion of a new biological facility. p
Other Stories
Call for State cap on public pensions
Pensions: The Government should cap its contributions to public sector pensions as part of an urgent review, a senior economist with the employers' group Ibec said in Kenmare yesterday. pTarget for carbon emissions 'bizarre'
Climate change: The Government's target to cut carbon emissions by 3 per cent per annum between 2007 and 2012 is "bizarre", inappropriate and should be abandoned, economists from the Economic and Social Research Institute (ESRI) said in Kenmare. pB of I launches inquiry into its US fund manager
Bank of Ireland has launched an internal inquiry into its US fund manager Guggenheim Advisors in tandem with an investigation by the New York state attorney general into the bank's subsidiary. pBIAM in €50m Dutch venture
Bank of Ireland Asset Management (BIAM) has bought an eight-storey office building in Amsterdam for about €50 million. pTax relief on all R&D urged to attract funds
The Irish Taxation Institute (ITI) has called on Minister for Finance Brian Cowen to introduce tax relief on all corporate research and development (R&D) expenditure. pRisk provisions push German bank to loss
Landesbank Sachsen Girozentrale, the German state-owned lender which had to receive €17.3 billion in emergency funds, has forecast a loss for the year because of higher risk provisions and writedowns. pIt's time for Shannon group to move on
Business Opinion/John McManus: The prospect of a continued daily service from Shannon to London Heathrow must now be a dead duck. pFlurry of data keenly awaited
This week: Investors around the world are on tenterhooks to see what lasting impact the global liquidity crunch has had on the broader economy and this uncertainty has clouded the outlook for interest rates. p
