• European markets close deep in the red

    18 May 2012, 6:55 pm

    European stock markets closed deep in red today, as mounting fears about the ability of Spain and Greece to deal with debts and fix their troubled banking sectors spooked investors.

  • IBM to create 200 new jobs in Mulhuddart

    18 May 2012, 6:51 pm

    IBM, which currently employs more than 3,000 in Ireland, is to create 200 jobs at a new international services centre in Mulhuddart.

  • Facebook has mixed start trading on Nasdaq

    18 May 2012, 6:46 pm

    Facebook shares hover around break-even as its leap of 12% in opening trade today came crashing down.

  • 50 jobs to go with Glanbia sale of Yoplait brand

    18 May 2012, 6:27 pm

    50 people are to lose their jobs at the Glanbia facility at Inch in Co. Wexford following the company's decision to end it's franchise agreement with Yoplait.

  • Oil prices slide to multi-month low levels

    18 May 2012, 4:03 pm

    World oil prices slid to new multi-month lows today as the market was rattled once again by concern about the outlook for demand linked to the eurozone debt crisis, analysts said.

  • Bank of Ireland agrees terms on 1,000 redundancies

    18 May 2012, 3:55 pm

    The terms of the redundancy agreement that will see up to 1,000 staff leave Bank of Ireland have been agreed.

  • IBOA to consider recommendation on AIB job losses

    18 May 2012, 2:44 pm

    IBOA The Finance Union is to consider the mediator’s recommendation on AIB job losses of up to 2,500 staff. However, the IBOA is seeking an urgent meeting with senior management to discuss its plans for the future.

  • Moody's downgrades 16 Spanish banks

    18 May 2012, 2:29 pm

    Ratings agency Moody's has cut the ratings of 16 Spanish banks by between one and three notches.

  • Euro crisis big threat to emerging Europe

    18 May 2012, 1:14 pm

    Lacklustre growth in emerging European economies could turn into recession if the euro zone crisis escalates, the European Bank for Reconstruction and Development has said today.

  • Britain's Cameron backs Hollande deficit plans

    18 May 2012, 12:27 pm

    British Prime Minister David Cameron backed new French President Francois Hollande's deficit plans as the leaders prepared to meet for the first time in Washington today.

  • Passengers increase, revenue down - ICG statement

    18 May 2012, 12:10 pm

    Irish Continental Group (ICG) has issued its interim management statement which shows revenue is down and the group has seen a reduction in numbers for many of its services.

  • IN&M reports a drop in revenue in year to date.

    18 May 2012, 12:09 pm

    Independent News and Media reports a drop in revenue, with a rise in digital advertising offsetting a fall in traditional advertising.

  • Japanese shares slump on news from euro zone

    18 May 2012, 9:13 am

    Japanese shares slumped 2.99% at the close this morning following a sell-off on Wall Street and pressure on the euro.

  • Today in the press - May 18

    18 May 2012, 8:43 am

    The Financial Times reports that Facebook has chosen a tough time for its shares to start trading as investors globally “unfriend” the market.

  • Morning business news May 18

    18 May 2012, 8:34 am

    Liam Casey of PCH International spoke to Morning Ireland this morning about the creation of a supply chain company feeding the constant demand for smartphone, e-readers and tablet.

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