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Sale of Bear Stearns vital for rest of US bank system
BEAR STEARNS, the stricken US investment bank, was yesterday fighting against the clock on a deal to sell itself to JPMorgan Chase, amid growing concerns that failure to clinch an agreement by this morning could put other banks under severe strain. p
'Lots of options' available for Ballsbridge site if plan rejected
PROPERTY developer Seán Dunne says he has a "very
conservative" debt-to-equity ratio and has "lots of options"
available if his plans for his site in Ballsbridge, Dublin, are not
approved. p
Other Stories
South America's contraband capital faces tougher new customs regime
FOR DECADES, Paraguay's Ciudad del Este has had a reputation as a smuggler's paradise, loathed by businessmen in neighbouring Brazil and Argentina who view it as the main conduit for much of the contraband that floods into their markets. pLisbon Treaty good for the economy, says Ibec
THE EMPLOYERS group Ibec has said that a Yes vote for the Lisbon Treaty is a vote for investment, jobs and the economy. pAlitalia agrees to €747m bid by Air France
AIR FRANCE-KLM group, the world's largest airline by sales, agreed to buy Alitalia SpA in a bid valued at €747 million ($1.2 billion) as part of the Italian government's plan to save the unprofitable carrier from bankruptcy. pLet's face it, Dell is on the way out
BUSINESS OPINION : FINALLY THE unspeakable has been spoken: Dell, the US computer giant that employs 4,500 people and accounts for something in the region of 6 per cent of Ireland's GNP, is on the way out the door and we better face up to it. p
