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  • Shares in DCC drop after talk of sterling weakness

    Shares in DCC dropped by more than 7 per cent in a downbeat market after the industrial holding company said sterling's weakness would cut its operating profit in the current fiscal year by €3 million and potentially reduce next year's profit by €12 million. p

  • US stimulus plan is rebuffed

    Japan and the leading economies of Europe yesterday rebuffed US calls for a global economic stimulus package even as new figures suggested that the US might be in recession already. p
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  • Medical devices firm to create 250 jobs in Shannon

    The Shannon area is to get up to 250 new jobs over the next five years after US-headquartered Zimmer Holdings confirmed it would establish an Irish manufacturing base in the Shannon Free Zone. p

  • Aviva set to enter Polish market

    Insurance giant Aviva, the owner of Irish group Hibernian, has secured regulatory approval to sell insurance products in Poland through AIB's subsidiary Bank Zachodni. p

  • Ex-NIB executive fights disqualification move

    A former head of finance with National Irish Bank is opposing an application by the Director of Corporate Enforcement for a court order disqualifying him from involvement in the management of any company on grounds of unfitness. p

  • Biosensia funding round raises €2m

    Irish technology firm Biosensia has raised €2 million in its latest funding round. p

  • IPO nets engineering firm's managers £48m

    Directors and managers of Irish-Malaysian engineering group Kentz netted almost £48 million (€64.3 million) as a result of its flotation on London's Alternative Investment Market (AIM) yesterday. p

  • Services sector growth at lowest level in over four years

    Growth in the Irish services sector crawled to a four-and-a-half-year low in January, as new business increased at only a marginal pace following turbulence in the financial services sector and lingering problems in the construction and real estate sectors. p

  • Winter sales give boost to consumer confidence

    Winter sales helped consumers avoid the January blues as confidence in the economy improved last month after three months of declining sentiment. p

  • 'I never had personal ambition'

    Jérôme Kerviel, the trader accused of fake transactions costing Société Générale billions of euros, yesterday broke his silence to insist he would not be used as a "scapegoat". p

  • Aramark sets up facilities management division

    Aramark Ireland, whose operations include Campbell Catering, has established a facilities management division and plans to recruit up to 200 new employees this year. p

  • Northern Rock still in a hard place

    London Briefing/Fiona Walsh: It is five months since the crisis at Northern Rock erupted into the first run on a British bank in more than a century and still there is no resolution in sight for the stricken lender. p

  • Profit warnings take their toll again

    Dublin report: The Iseq returned to tougher trading conditions yesterday as profit warnings continued to weigh heavily on stocks. p

  • InShort

    More news in brief p
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