Round Up
Round Up: AB foods reports strong growth
Associated British Foods has reported strong growth at its Primark fashion stores and in its sugar operations that led to a substantial rise in half-year adjusted earnings and it saw very good progress for the year.
Round Up: Aer Lingus passenger numbers up
Aer Lingus' total passenger numbers rose by 0.6% for the month of January compared to the same month last year. The total number of passengers stood at 665,000 for the month of January 2010.
Round Up: AIB announces Bernard Byrne as new CFO
AIB has announced Bernard Byrne (above) as its chief financial officer. Byrne, who is currently group financial and commercial director at ESB, will take up the position in May of this year.
Round Up: AIB reveals classification error
AIB has identified an error in relation to the classification of some customers' accounts, resulting in incorrect charges being applied, according to a statement released by the company.
Round Up: BA profits defy analysts
British Airways posted a surprise third-quarter operating profit, reflecting the impact of deep cost cuts and capacity reductions. It said it had adapted to industry changes caused by the global recession.
Round Up: Bank of Scotland Ireland to close Halifax units
Bank of Scotland Ireland is to shed 750 of its staff and close down its Halifax retail units across the country, according to a statement released by the company.
Round Up: Barclays beats expectations
Barclays plc said it had started the year well after beating expectations with 2009 profits of over £11.6bn, on the back of a strong performance at its investment banking unit.
Round Up: British inflation shoots higher
British inflation shot further above its 2% target in January according to The Office for National Statistics. Consumer price inflation rose to 3.5% year-on-year last month from 2.9% in December, its highest level since November 2008 and in line with analysts' forecasts.
Round Up: British retail sales fall at sharp pace
British retail sales fell at their sharpest pace in over a year in January as cold and icy weather sent household-goods sales tumbling at the fastest pace in more than two decades, official figures showed.
Round Up: CityJet to introduce new classes
CityJet, London's business airline, is introducing a new premium economy offer across its entire network which replaces its current business class offer.
Round Up: CityJet unveil new offers
CityJet, London's business airline, is introducing a new premium economy offer across its entire network which replaces its current business class offer.
Round Up: Finance Bill published
The Government's Finance Bill has been published by Brian Lenihan which brings into effect the taxation measures announced in last December's Budget.
Round Up: Ladbrokes reports full year profit slump
The UK's biggest bookmaker Ladbrokes reported a slump in full-year pre-tax profits, hit by the recession and football results that went against the company. It warned that 2010 would be equally tough.
Round Up: Manufacturing drops
Manufacturing output was 5.3% lower for the month of December 2009 compared to the same month in 2008. The most significant change was in the computer, electronic and optical manufacturing which saw a 41.6% decrease in output for the month.
Round Up: Paddy Power increases holding in Sportsbet
Paddy Power has increased its shareholding in Australian bookmaker Sportsbet to 60.8% through the buyout of a minority shareholder which had no executive involvement with the business, according to a statement from the company.
Round Up: Prices in January decrease by 0.6%
Prices in January, as measured by the Consumer Price Index (CPI), decreased by 0.6%, according to the Central Statistics Office. This compares to a decrease of 1.7% recorded in January of last year.
Round Up: Rents rise for first time in 2 years
Rents across the country rose by just over 1% in January, according to the latest report published by the property website, Daft.ie. This increase, while marginal, is the first time rents have risen since they began to fall 24 months ago.
Round Up: State gets 15% of BoI
The Government has taken a 15% stake in Bank of Ireland in lieu of a €250m cash payment that the bank was supposed to pay as part of a dividend in return for State aid. The EU Commission has blocked these type of dividend payments.
Round Up: UK manufacturing up
British manufacturing output rose more than expected in December after strong gains in the transport, paper and publishing, and electrical and optical equipment sectors, official data showed.
Round Up: US jobless rises
The number of US workers filing for jobless benefits unexpectedly rose, but another big gain in productivity in the fourth quarter offered hope that companies were getting close to adding to their workforce.
Round Up: Volume of retail sales down 14% for 2009
The volume of retail sales in Ireland fell by an estimated 14% for 2009, according to figures released by the Central Statistics Office.
