Business: BreakingNews.ie

Govt to invest €11m in science research projects

BreakingNews.ie / TCM — Mon, 13 Jul 2009 13:07:09 GMT

The Government today pledged more than €11m for 68 research projects across the country.

Blunder hits C&C shares

BreakingNews.ie / TCM — Mon, 13 Jul 2009 12:47:03 GMT

Bulmers maker C&C saw shares slump 9% today after the drinks company admitted it got its figures wrong in an upbeat trading statement last week.

Insurers' consolidation hopes fail to fire Footsie

BreakingNews.ie / TCM — Mon, 13 Jul 2009 11:25:11 GMT

Hopes of consolidation in the insurance sector meant shares in Friends Provident and other leading players posted strong gains today.

ISEQ marginally down

BreakingNews.ie / TCM — Mon, 13 Jul 2009 11:09:26 GMT

The ISEQ index of Irish shares was marginally down in early trading this morning, dropping 7.52 points to 2,565.46 by 11am.

Asian markets down at close

BreakingNews.ie / TCM — Mon, 13 Jul 2009 10:16:13 GMT

HONG KONG: The Hang Seng index closed down 453.8 at 17254.6.

Dow Jones down at close

BreakingNews.ie / TCM — Mon, 13 Jul 2009 09:44:43 GMT

NEW YORK: The Dow Jones closed down 36.6 at 8146.5.

Ormonde discusses investment in Spanish copper project

BreakingNews.ie / TCM — Mon, 13 Jul 2009 08:29:00 GMT

Ormonde Mining said this morning it has entered into discussions with a 'major mining company' on investment in its La Zarza project in the Huelva province of southern Spain.

Survey finds pace of construction decline is slowing

BreakingNews.ie / TCM — Mon, 13 Jul 2009 08:03:21 GMT

Activity in the construction sector is continuing to decline, but at a slower rate than at the start of the year, according to a new assessment by Ulster Bank.

Lloyds Bank to write off £13bn in debts

BreakingNews.ie / TCM — Sun, 12 Jul 2009 11:04:31 GMT

Part-nationalised British banking group Lloyds is set to write off up to £13bn (€15.1bn) in bad debts in results for the first six months of 2009, it was reported today.

Nortel's Olympics sponsorship ends

BreakingNews.ie / TCM — Sat, 11 Jul 2009 08:56:33 GMT

Nortel, one of the world’s largest producers of telephone equipment, is no longer a sponsor of the London 2012 Games, Olympic organisers have announced.