Business Headlines
Updated: 11 Nov 2008 18:43
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Aer Lingus warns of further losses in 2009
(16:55) In an interim management statement to the markets, Aer Lingus says it will make losses in 2009 on top of the €20m it expects to lose this year. -
CRH profits to slow more than predicted
(14:38) CRH says it expects to report a full year percentage fall in profit before tax in the low to mid-teens. -
Permanent TSB offering paid career breaks
(12:07) Permanent TSB is offering staff a paid career break in an effort to cut costs. -
Vodafone's Irish customers numbers rising
(14:58) Vodafone says its Irish customers exceeded the European average for both talking and texting. -
London oil prices now below $55
(17:34) Oil prices sank under $55 a barrel this evening to hit a 21-month low. -
Inter Group to close Galway office
(16:51) Insurance services company Inter Group plans to close its office in Galway within the next seven months. -
Oriflame opens new Bray R&D centre
(11:47) Swedish cosmetics company Oriflame has opened its new €2.4m research and development centre in Bray. -
Fears growing for GM's future
(17:44) Shares in US car giant General Motors plummeted another 15% to a 65-year low at one point this afternoon. -
Norkom half yearly revenues jump 37%
(12:08) Norkom has reported a 37% increase in revenues for the six months to the end of September. -
Brown wants concerted action to beat crisis
(11:54) British Prime Minister Gordon Brown today called for a co-ordinated global 'fiscal stimulus'. -
TVC Holdings ups UTV stake to 18%
(14:38) TVC Holdings has increased its stake in UTV to 18% after it bought another 3% chunk of the broadcaster. -
Citigroup to help 500,000 mortgage holders
(18:04) Citigroup today launched measures to help embattled borrowers avoid defaulting on their mortgage payments. -
China's inflation hits 17-month low
(09:58) China's inflation rate hit a 17-month low of 4% in October, down from 4.6% the previous month. -
German sentiment index picks up
(13:06) Germany's closely watched ZEW economic indicator improved in its latest reading. -
Conroy looking at funding options
(15:50) Conroy Diamonds & Gold has reported a loss after tax of €375,000 for the year to the end of May. -
Virgin Media to cut 2,200 jobs
(15:06) British cable television operator Virgin Media says it will reduce its workforce by around 2,200 by 2012. -
Morning business news - Nov 11
(10:36) with Christopher McKevitt -
Today in the press
(12:12) Householders will be able to set the cost of their electricity and gas bills for a fixed period under proposals to make energy more affordable. -
5pm Markets Update
(18:43) European stock markets closed sharply lower due to concerns about spreading damage from the credit crunch.
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