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News : International Last Updated: Jan 25, 2008 - 9:55: PM

Click here for current Main News page. Our news service system has been upgraded
News : International
Markets News Afternoon: Markets fall in Europe and the US
Markets news on stocks, currencies and oil.
Jan 25, 2008 - 5:49: PM

News : International
World Economic Forum 2008: Trichet and Weber resist pressure on ECB rate cuts; Outlook for the global economy is still ``quite good''
European Central Bank Jean-Claude Trichet spoke in Davos, Switzerland yesterday on a panel focusing on the current financial instability and he again made clear that the ECB would not give in to the pressure for interest rate cuts. German Bundesbank President and Governing Council member Axel Weber said that investors' wagers that the ECB will cut interest rates later this year may be ``wishful thinking.''
Jan 25, 2008 - 7:15: AM

News : International
Switzerland tops 2008 Environmental Scorecard at World Economic Forum followed by Sweden, Norway, Finland, and Costa Rica; Ireland gets 34th ranking among 149 countries
Switzerland tops the global list of countries ranked by environmental performance according to the 2008 Environmental Performance Index (EPI) produced by a team of environmental experts at Yale University and Columbia University.
Jan 25, 2008 - 6:08: AM

News : International
Merrill Lynch's Survey of Fund Managers January 2008: Institutional investors are acknowledging for the first time that the credit crunch could lead to a global recession
Nearly one in five respondents (19 percent) now believe that a global recession is either "likely" or "very likely" over the next 12 months according to the Merrill Lynch's Survey of Fund Managers for January 2008.
Jan 25, 2008 - 12:41: PM

News : International
Markets News Friday: Stocks rally in Asia-Pacific and Europe; Commodities rise as US recession fears ease
Markets news on stocks, currencies and commodities.
Jan 25, 2008 - 9:40: AM

News : International
Friday Newspaper Review - Irish Business News and International Stories
Principal news stories from the Irish Independent, Irish Times, Irish Examiner, Financial Times and New York Times.
Jan 25, 2008 - 8:37: AM

News : International
Microsoft announces record second quarter results and boosts tech sector with positive outlook
Microsoft on Thursday announced second quarter records for revenue, operating income and diluted earnings per share of $16.37 billion, $6.48 billion and $0.50, respectively. Compared to the year ago period, these figures represent growth of 30%, 87% and 92% for revenue, operating income and diluted earnings per share, respectively.
Jan 25, 2008 - 5:57: AM

News : International
Market News Afternoon: Stocks rally strongly across Europe; Nokia shares surge almost 14%
Markets news on stocks, oil and commodities.
Jan 24, 2008 - 5:16: PM

News : International
US sales of second-hand single-family homes fell 13% in 2007 - the most since 1982 - and prices dropped for the first time in at least four decades
US second-hand home sales slipped 2.2 percent to a seasonally adjusted annual rate of 4.89 million units in December from a pace of 5.00 million in November, and are22.0 percent below the 6.27 million-unit level in December 2006.
Jan 24, 2008 - 3:30: PM

News : International
Markets News Thursday: Stocks rally across Europe despite news of massive banking fraud
Markets news on stocks, currencies and commodities.
Jan 24, 2008 - 10:05: AM

News : International
China's economy grew 11.4% in 2007 - the best performance in 13 years; Fifth year in a row in which GDP expanded by more than 10%
China's gross domestic product (GDP) grew 11.4% year-on-year to 24.6619 trillion yuan ($3.43 trillion) in 2007, but at the announcement today in Beijing, there was a warning that the risks of spiraling inflation and economic overheating were also rising.
Jan 24, 2008 - 8:28: AM

News : International
World Economic Forum 2008: Cool response to Fed rate cut in Davos
The Federal Reserve's emergency 0.75% cut in the federal funds rate to 0.75% got a tepid response from participants on Wednesday at the opening day of the World Economic Forum in Davos, Switzerland.
Jan 24, 2008 - 7:57: AM

News : International
Thursday Newspaper Review - Irish Business News and International Stories
Principal news stories from the Irish Independent, Irish Times, Irish Examiner, Financial Times and New York Times.
Jan 24, 2008 - 6:40: AM

News : International
Markets News Afternoon: Stocks again fall in US and Europe as prospect of more Fed rate cuts fails to tame the bears; Motorola's shares plunge almost 18%
Markets news on stocks, currencies and commodities.
Jan 23, 2008 - 4:53: PM

News : International
Markets News Wednesday: Asia-Pacific markets recover after biggest drop in 18 years but European stocks fall - Dublin market up in early trading
Markets news on stocks, currencies and commodities.
Jan 23, 2008 - 9:30: AM

News : International
Wednesday Newspaper Review - Irish Business News and International Stories
Principal news stories from the Irish Independent, Irish Times, Irish Examiner, Financial Times and New York Times.
Jan 23, 2008 - 8:22: AM

News : International
Long period of rising global food prices forecast due to scarcity of water and arable land
Scarcity of water and arable land means that the the surge global food prices could be a long-term problem, a new study has warned. Meanwhile, efforts to increase wheat output may not be enough to offset soaring demand and bring the cereal down from all-time price highs, Abdolreza Abbassian, grains economist at the Food and Agriculture Organisation (FAO) said this week.
Jan 23, 2008 - 7:26: AM

News : International
Apple reports best quarterly revenue and earnings in its history; Shares fall over 12% in after-hours trading
Apple on Tuesday announced financial results for its fiscal 2008 first quarter ended December 29, 2007. The Company posted revenue of $9.6 billion and net quarterly profit of $1.58 billion, or $1.76 per diluted share.
Jan 23, 2008 - 5:41: AM

News : International
World Economic Forum 2008: CEOs' confidence about prospects for business fell for the first time since the 2003
The World Economic Forum Annual Meeting begins today in Davos Switzerland and brings together global leaders of business, international institutions and politicians.
Jan 23, 2008 - 4:49: AM

News : International
Markets News Afternoon: European markets recover following Fed rate cut; US markets down but rebound from opening plunges
Markets news on stocks, currencies and oil.
Jan 22, 2008 - 4:57: PM

<< prev next >>

Latest Headlines
News
German Ifo Business Climate Index worsens again in August; Current situation is still seen as slightly positive
Markets News Tuesday: European markets open down; Oil price at $115 in New York; EUR/USD rate below $1.47
CRH reports 10% fall in pre-tax profits in the first half of 2008
International Monetary Fund cuts its forecasts for 2008 and 2009 world economic growth
European Central Bank lending to Irish financial institutions was €44.1 billion in July - the highest since the credit crisis began
Irish consumers spent €2.6 billion more on alcohol and cigarettes than food in 2007; Household spending on alcohol more than 3 times EU27 average
Blackrock International Land reports pre-tax losses of almost €8m for the first half 2008
Blackrock International Land reports pre-tax losses of almost €8m for the first half 2008
Tuesday Newspaper Review - Irish Business News and International Stories - - August 26, 2008
Kerry Group reports profit before tax rise of 0.2% in first half of 2008
Report by the Irish Small Firms Association says small businesses in Ireland lose on average €793 million per annum through absenteeism
Markets News Afternoon: Stocks fall in Europe and US
AIB cuts its 2 & 3 year Irish fixed mortgage rates to 5.2%
US existing-home sales rose in July from a 10-year low as falling prices helped stabilise demand and the number of homes for sale jumped to a record
Irish Consumer Sentiment Index rose slightly in August
Irish commercial property investment at virtual standstill in recent months; Irish investment in UK property plunged in first six months of 2008
Markets News Monday: European stocks down; Oil price close to $115 in New York; Dublin market up
Glanbia announces acquisition of Illinois based Optimum Nutrition - a manufacturer of nutritional supplements for the sports sector - for $315 million
Monday Newspaper Review - Irish Business News and International Stories - - August 25, 2008
Global economy is likely to recover in 2010 but economic growth may remain sluggish for several years
European Central Bank President Trichet says financial markets remain under stress
UK GDP fell to zero in the Second Quarter of 2008; Annual growth at 1.4% - the weakest since 1992
Irish Retail Sales volume plunges by 5.2% in year to June
World Bank delegation arrives in Georgia; Investors quit Russia; Russian economy dependent on energy exports and state-run large enterprises
Markets News Friday: European stocks rise; Oil price above $121 in New York
Universities in the European Union seriously lag their US counterparts; America accounts for 40% of global spending on higher education
Irish property-related lending increased at its lowest rate since 1997 in June
Irish directors’ pay rises by 12% in 2007; Total remuneration up by over 30% - Fixed salaries for executives in the US up 4%; European rises in range 3.5% to 7.5%
Friday Newspaper Review - Irish Business News and International Stories - - August 22, 2008
Markets News Afternoon: Oil price surges almost $6 to above $121 in New York
Analysis/Comment
Dr. Peter Morici: US Stimulus Package, Interest Cuts should help but Crisis Continues
Dr. Peter Morici: The Federal Reserve needs more than a new Communications Strategy
The Irish Mind and the Knowledge Economy: Should we bank everything on fuzzy leprechaunic political dreams?
Dr. Peter Morici: Why the US Trade Deficit matters?
Dr. Peter Morici: US Recession Watch, the Jobs Report and Fed Policy
Dr. Peter Morici: Business as Usual: the Energy Bill, Subprime Mess, and Recession Watch
Dr. Peter Morici: China’s Dragon does not flinch and Bernanke’s Toothless Dog
Cabinet decision to defer Irish ministerial pay hikes until 2009 seen as empty gesture after weeks of controversy
Dr. Peter Morici: President Bush's Mortgage Program and Rumblings from Europe about the Dollar
Dr. Peter Morici: Avoiding a US Recession
Christmas Fear and a proposed German Minimum Wage - Prof Hans-Werner Sinn
Nine months after ISEQ record highs, Irish shares likely to underperform other markets for sometime
Dr. Peter Morici: An Emergency Interest Rate Cut? and The Week Ahead: Forecasts for the Weeks of November 26 and December 3 (preliminary)
Germany: How the Upswing Came About - Six Hypotheses - - Prof. Hans-Werner Sinn
Dr. Peter Morici: The Limits of US Federal Reserve Policy
Dr. Peter Morici: US Stock Prices and the Trade Deficit; Forecasts for the Weeks of November 12 and November 19
Dr. Peter Morici: US Economy adds 166,000 employees in October; While ranks of the Self Employed fall: Credit Crisis grows, Bernanke’s credibility suffers
Dr. Peter Morici: The Fed's Misstep, and Forecasts for the Weeks of November 5 and November 1
Dr. Peter Morici: The Falling US Dollar and the Stubborn US Trade Deficit
Where is the Outrage? Gombeenism thrives at home while in Paris, OECD staff work on proposals for Irish public service reform
Dr. Peter Morici: Why Bernanke should Cut Rates and Forecasts for the Weeks of October 22 and October 29
Dr. Peter Morici: Crafting a US Response to Global Warming
Dr. Peter Morici: US Banks offer Plan to calm Credit Markets
World loses forest area size of Ireland annually; Accounts for 18% of CO2 emissions - exceeding entire global transport sector
US Economy adds 110,000 Jobs in September--Confirms Morici's forecast
Dr Peter Morici: Why the Europeans should take their Complaints about the Weak US Dollar to Beijing; Economic Forecasts Weeks Oct 8th and 15th
Dr Peter Morici: UAW - GM Pact leaves GM at Cost Disadvantage
ECB may cut rates in 2008 but as the Chinese say - be careful what you wish for
Opportunities in the “chilled” US Commercial Real Estate Market
Dr Peter Morici: Democratic Accountability and the Doha Round