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5.30pm Markets Update (2010-09-06 00:00:00) A much better than expected US employment report drove European stock markets higher this evening. Morning business news - September 3 (2010-09-06 00:00:00) R & R Mechanical, an engineering company based in Tullamore, Co Offaly, has received a big EU grant. Today in the press (2010-09-06 00:00:00) Revenue figures show that 20 multi-national companies have relocated their corporate headquarters to Ireland. Chinese interest in Potash Corp bid (2010-09-06 00:00:00) Chinese and other investors have approached at least one big Canadian pension manager about a bid for Potash Corp. Brazilians behind Burger King buy (2010-09-06 00:00:00) Burger King has accepted a $4 billion takeover bid by a little known investment firm. US jobs report pushes oil prices higher (2010-09-06 00:00:00) Oil prices firmed as traders examined a better than expected payrolls report in the US. New credit union advisory committee named (2010-09-06 00:00:00) The membership of the new Credit Union Advisory Committee has been announced. Swedish investment bank Carnegie buys HQ (2010-09-06 00:00:00) Swedish investment bank HQ Bank said its rival Carnegie would buy it after it went into liquidation earlier this week. Petrobras sells $64 billion of stock (2010-09-06 00:00:00) Brazil's Petrobras today unveiled one of the world's biggest share offerings, a sale of up to $64 billion in new stock. Twitter tops 145 million registered users (2010-09-06 00:00:00) Twitter has over 145 million registered users and more people are using mobile devices to access the service. Euro zone retail sales flat in July (2010-09-06 00:00:00) Retail sales across the euro zone rose by a modest 0.1% in July, after a 0.2% increase in June, new figures show. UK services firms are more anxious (2010-09-06 00:00:00) Activity in the British service sector grew last month at its slowest pace since April 2009. BA passenger numbers defy strike threat (2010-09-06 00:00:00) BA passenger figures held up well last month despite fears that its ongoing cabin crew row could cause disruption. BP spill costs climb to $8 billion (2010-09-06 00:00:00) Oil giant BP said today that the cost of tackling the Gulf of Mexico disaster had risen to $8 billion so far. Irish Examiner wants to cut staff pay by 10% (2010-09-06 00:00:00) It is understood that The Irish Examiner is planning to cut staff pay by 10% from October 1. Rosslare-Waterford rail service to cease (2010-09-06 00:00:00) The National Transport Authority has approved an Irish Rail proposal to end the Rosslare-Waterford rail service. EU reviewing some funding for FÁS (2010-09-06 00:00:00) The Government has not made any application for European Social Funds for FÁS for almost ten months. Cork's AMS announces 31 new jobs in expansion (2010-09-06 00:00:00) A Cork firm that designs aluminium window and doors has announced the creation of 31 jobs in an €8m expansion. Newmarket members back Kerry plan (2010-09-06 00:00:00) Shareholders in the Newmarket Co-op voted last night to allow Kerry Group to go ahead with a €33m offer. Slowdown in service sector growth (2010-09-06 00:00:00) Activity in the service sector of the economy grew again last month, but at the slowest pace since May. Lower prices hit Fyffes profits (2010-09-06 00:00:00) Fyffes has reported a fall in profits for the first six months of the year, blaming difficult trading conditions. Tullamore firm wins €4m EU grant (2010-09-06 00:00:00) A company based in Tullamore, Co Offaly, is to benefit from a €4m EU research grant. US employment fall less than expected (2010-09-06 00:00:00) US employment fell for a third month in a row in August, but the decline was far less than expected. Winding up Anglo could hit €70 billion - Cowen (2010-09-06 00:00:00) The idea that Anglo's affairs could be wound up without facing costs of €70 billion would not be in the taxpayers' interest. |