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BUSINESS NEWS JAN 22, 2008
Due to a technical problem on Wednesday Jan 16, we are upgrading the news management system by a Canadian software company, which will be completed in coming days.

It has taken longer than anticipated. That is one of the drawbacks of outsourcing. C'est la vie - even Google News updating falls behind at times!

We expect to have our upgraded news system on stream on Wednesday.

Business News Headlines to Jan 16 2008

Today's News Links

Markets News Afternoon: European markets recover following Fed rate cut; US markets down but rebound from opening plunges

Fed makes emergency rate cut of 0.75% to 3.50%; Markets rise in Europe

Irish pension funds have lost another 10% in the first few weeks of 2008 wiping an additional €10 billion off the value of pension assets

Markets in Europe volatile on rumours of interest rate cuts

Euribor 3-month rate falls to 4.330%; It was 4.135% in June 2007 after the ECB raised its benchmark rate to 4%

UK manufacturers report orders growth has held up with exports remaining strong - CBI Industrial Trends Survey

Bank of Ireland says new business start-ups were robust in 2007

Deloitte analyses top trends for the technology, media and telecoms industries for 2008

Origin Enterprises plc to acquire Masstock Group Holdings for Stg£26.3m

Markets News Tuesday; Bears run rampant in Europe and Asia-Pacific - Gold and Oil prices tumble

Tuesday Newspaper Review - Irish Business News and International Stories

Irish House Industry survey says about 40,000 apartments in Dublin are vacant

Obstacles to hiring foreigners undermining US competitiveness; Neither political party represents the views of employers, according to a survey by the Economist Intelligence Unit

Worldwide PC Market grew 13% in 2007

Monday Jan 21, 2008

Markets News Afternoon: With US markets closed Monday; Markets across Europe and Asia-Pacific plunge deep into red ink on recession fears

Ulster Bank Quarterly Focus on Markets - US Economy to avoid Recession, ECB Rate Cuts unlikely, Euro to hit new record highs vs Dollar and Sterling

UK Chancellor outlines plans to convert Northern Rock's £25bn Bank of England loan into State-guaranteed bonds; Northern Rock shares surge over 36%

Euribor 3-month rate falls again Monday - It has declined every trading day since huge ECB emergency liquidity injection to inter-bank market on Dec 17, 2007

German Producer prices fell in December 2007

UK house prices fell for a third month in January to the lowest level since December 2005

Ireland among six rich countries in September 2007 where housing was classified as unaffordable

Markets News Monday:  Stocks fall sharply in Europe and Asia-Pacific on US recession fears

Global Entrepreneurship Monitor 2008: Exports key role for entrepreneurs in High-Income Countries; Ireland fourth in group for Early-Stage Entrepreneurial Activity among 18-34 olds but lower for older workers

Plants which make up the basis of over 50% of all prescription drugs, are threatened with extinction; Future of human healthcare still overwhelmingly reliant on the plant kingdom 

Monday Newspaper Review - Irish Business News and International Stories

European Commission to set tough carbon emission cut targets for Rich countries including Ireland; Lack of clarity from Government on cuts plan and impact

Friday Jan 18, 2008

Average weekly earnings in Irish distribution and business services were up by 4.2 % in September 2007

European Central Bank reports tightening in Eurozone bank lending in the fourth quarter of 2007

Markets News Friday: Shares of leading US bond insurer plunges 51% triggering fears of deepening in credit crisis

Trichet says underlying Eurozone productivity trends are a “disgrace”

Japanese consumer confidence plunges to more than four year low

Friday Newspaper Review - Irish Business News and International Stories

China becomes world's top Gold producer ending South African dominance dating from 1905

Thursday Jan 17, 2008

Markets News Afternoon: US and European stocks slide; Dublin market rises

Annual Irish Consumer Inflation falls to 4.7% in December 2007

Euribor 3-Month Inter-Bank Rate falls to the lowest level since the onset of the Credit Crunch in August 2007

European Central Bank warns again that it may raise interest rates

Slashing Energy Waste in China - Energy efficiency would do 'the most, the quickest,' to reduce CO2 emissions - World Bank

Study links corporate performance to employee enablement - Economist Intelligence Unit

Markets News Thursday: Asia-Pacific and European stocks rise

Thursday Newspaper Review - Irish Business News and International Stories

Big drugs companies raided by European competition regulators

 

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