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Pensions lost €9bn since June - Mercer
Irish pension funds have lost €9 billion in value since the end of June as investors have fled stock markets, according to Mercer investment consultants. p
Lynn fails to reveal location of all title deeds
Solicitor Michael Lynn has failed to reveal where title deeds for a large number of his 107 Irish properties are, according to the court affidavit he filed on Monday. p
Tesco worth €2.5bn to economy - report
Tesco Group is a bigger export market for Irish businesses than
France and is worth €2.5 billion a year to the Irish economy,
according to a new report commissioned by the retailer. p
Other Stories
Waterford confirms 490 jobs to be cut at plant
Manufacturers in Germany and eastern Europe are likely to benefit from Waterford Crystal's decision to cut production at its Irish plant with the loss of 490 jobs. pClaret invests $100m in Asian property fund
Dublin-based Claret Capital has invested $100 million (€67.4 million) in an Asian property fund run by Merrill Lynch. pIrish Broadband records pretax losses of €22.5m
NTR subsidiary Irish Broadband had revenues of €12.1 million in the year to the end of March last, but recorded a pretax loss of €22.5 million, according to accounts recently filed with the Companies Registration Office. pBCI may offer three digital TV licences to one firm
The Broadcasting Commission of Ireland (BCI) said yesterday that it might award the three digital terrestrial television (DTT) multiplex licences to just one company if this proves to be the most viable way of operating the system. pTrintech records loss of $1.2m in third quarter
Trintech, the Nasdaq-quoted Irish financial and healthcare software company, recorded a net loss in the third quarter of $1.2 million (€808,000), compared to a profit of $1.76 million in the same period last year. pShoppers hits streets again after cool August
Shoppers returned to the streets in September after a sluggish August, with the volume of retail sales increasing by 6.8 per cent on an annual basis. pBrochures let small firms have designs on big jobs
Media&Marketing: The glossy brochure used to be the most important marketing tool for most companies. The internet has changed all that; now the look and feel of the company website is more important for conveying a good impression. pCelestica to create 120 new jobs in Galway
A Galway-based electronics manufacturing company is to recruit an additional 120 staff as part of an expansion plan. pO'Brien ups stake in Sterling Energy
Businessman Denis O'Brien has increased his stake in UK oil and gas exploration company Sterling Energy to 8.13 per cent. pUnited Drug in good health after €55m profit
Analysts yesterday upgraded their forecasts for United Drug's 2008 results after the healthcare and pharmaceutical group reported strong growth in this year's earnings. pIn Short
A round-up of today's other business stories in brief. p
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