12/2 The Irish Times - Finance

Please add updates@feedmyinbox.com to your address book to make sure you receive these messages in the future. The Irish Times - Finance - Articles from The Irish Times - Finance Iseq moves forward as it shrugs off Dubai jitters December 1, 2009 at 7:49 pm DUBLIN REPORT: Iseq:2,849.63 (+42.04) Settlement date:December 4th Joe Lewis has the stomach for this high-stakes pub brawl December 1, 2009 at 7:49 pm LONDON BRIEFING:LOSING THE best part of $1 billion in the collapse of Bear Stearns last year does not appear to have dulled the ambitions of Joe Lewis, the legendary Bahamas-based currency speculator whose battle for control of Mitchells & Butlers has now exploded into open warfare, writes FIONA WALSH Revenue investigations yield €97m in third quarter December 1, 2009 at 7:49 pm THE REVENUE Commissioners yielded more than €97 million from its audit and investigation programmes in the three months to the end of September. Ruling poses dilemma for bank and State December 1, 2009 at 7:49 pm ANALYSIS:THE DECISION of the European Commission to tell Allied Irish Banks (AIB) to stop paying coupons on some of its bonds is hardly surprising. This is the practice followed by Brussels on most bank restructuring plans, writes SIMON CARSWELL In short December 1, 2009 at 7:18 pm A roundup of today's other business news in brief Euro zone jobless rate at 11-year high December 1, 2009 at 7:18 pm Euro zone unemployment remained stable at 11-year highs in October, but September jobless numbers were higher than previously reported, showing the labour market has yet to feel the effects of a nascent economic recovery. Court clears way for Vodafone to seek damages from former executive December 1, 2009 at 7:18 pm THE COMMERCIAL Court has cleared the way for Vodafone to seek damages from a former financial executive and others over allegedly conspiring to defraud the company of more than €2.3 million via the fraudulent requisitioning of services. Consumer sentiment dips in October December 1, 2009 at 7:18 pm CONSUMER CONFIDENCE faltered slightly last month, after lifting significantly in October, but there are signs that the "panic" that gripped individuals over the past year is easing. Manufacturing output driven higher by stronger new orders December 1, 2009 at 7:18 pm PRODUCTION AT Irish manufacturing firms rose in November, bringing an end to a 20-month contraction and adding weight to predictions that the economy is stabilising. 96% rise in job losses this year December 1, 2009 at 7:18 pm BUSINESS GROUPS have called on the Government to prioritise the restoration of cost-competitiveness in order to stem the flood of job losses, as the latest figures revealed a 96 per cent spike in redundancies so far this year. Docklands authority to get new code of governance December 1, 2009 at 7:18 pm THE DUBLIN Docklands Development Authority (DDDA) board members now behave "like judges" in order to avoid accusations of bias, according to chairwoman Prof Niamh Brennan. Aer Lingus warns 1,000 jobs may go after talks fail December 1, 2009 at 7:18 pm Aer Lingus warned yesterday that more than 1,000 workers could be made redundant over the coming months after the airline failed to reach agreement with unions on a plan to cut €97 million from costs by 2011. 'Upward-only' rent reviews barred in new leases from 2010 December 1, 2009 at 7:18 pm THE GOVERNMENT has banned the use of clauses in business leases which provide for "upward-only" rent reviews in a move that came as a surprise to the industry. €100m property firm owned by brothers goes into liquidation December 1, 2009 at 7:18 pm A PROPERTY investment company owned by Colum and Ciarán Butler, the businessmen behind the Leisureplex franchise, has gone into liquidation. Tullow has weeks to decide on purchase of Ugandan oil assets December 1, 2009 at 7:18 pm TULLOW OIL will have to decide in the coming weeks whether to pre-empt the sale of Heritage Oil's Ugandan assets to Eni, the Italian energy group. More than 100 jobs to be lost at Lombard Ireland December 1, 2009 at 7:18 pm MORE THAN 100 jobs are to go at Lombard Ireland, the asset financing subsidiary of Royal Bank of Scotland (RBS). Some 84 jobs are to be lost in the Republic, while 24 employees in the company's Northern Irish division will lose their jobs. Honohan set on enforcement despite legal risks December 1, 2009 at 7:18 pm THE GOVERNOR of the Central Bank, Patrick Honohan, has said he is determined to see "a renewed emphasis on enforcement" in financial regulation, even if there is a risk of incurring legal costs in unsuccessful cases. €3.8bn loans for 10 major clients December 1, 2009 at 7:18 pm THE TOP 10 developers at AIB moving to the National Asset Management Agency (Nama) had loans of €3.8 billion last September, of which almost a quarter were "non-performing", the bank said in a shareholder circular. AIB told to stop paying interest on some debts December 1, 2009 at 7:18 pm ALLIED IRISH Banks (AIB) has said the European Commission has told the bank to stop making interest payments on some of its debts, including the Government's €3.5 billion preference share investment in the bank. How retail's big players are colonising the world December 1, 2009 at 10:26 am HOWEVER NICE the architectural packaging, the tenant line-up in shopping centres and retail thoroughfares increasingly tends to be described as "generic".   This email was sent to carpenter.autoblog@gmail.com.  Manage Your Account Don't want to receive this feed any longer? Unsubscribe here.