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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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