Round Up
Round Up: Aer Lingus traffic down
Passenger traffic at Aer Lingus fell 8.7% to 1.02 million in July, compared to the same month in 2009, according to the latest statistics from the airline.
Round Up: British house prices fall 0.6% in June
House prices in Britain fell 0.6% in June, the third successive monthly fall, a survey from mortgage lender Halifax showed, reinforcing the view that last year's housing market recovery is tailing off.
Round Up: BT posts 6% rise in earnings
British telecoms provider BT posted a 6% rise in first-quarter adjusted core earnings, generated strong cash flow and reiterated its outlook after taking further costs out of the business.
Round Up: Construction hit again
Jobs in the construction industry could suffer further because of the low level of building contracts currently being awarded by the Government.
Round Up: Consumer prices 0.1% lower compared to 2009
Consumer prices were 0.1% lower in July compared with July 2009, according to official figures released by the Central Statistics Office.
Round Up: CRH sees profits shrink
Building materials group CRH saw its profits shrink 77% to €25m in the first half of 2010 compared to the same period last year. The company saw its sales revenue fall 8% to €7.66bn in the period.
Round Up: FBD reports narrow loss
Insurance group FBD has reported a narrowing of losses in the first half of this year, despite adverse weather conditions that affected the insurance industry in the early part of the year.
Round Up: Four companies a day go bust in first seven months of 2010
Four companies a day went bust in the first seven months of the year, according to figures from InsolvencyJournal.ie.
Round Up: German economy expands rapidly
A return to growth in consumer spending allied with buoyant exports helped spur Germany's economy to its fastest rate of expansion since reunification in the second quarter, official data confirmed.
Round Up: Glanbia posts big profit increase
Food group Glanbia has revised its earnings guidance upwards for 2010 after posting a big increase in profits for the half year.
Round Up: H&M see sales rise sharply
Swedish fashion giant Hennes & Mauritz (H&M) saw sales at its established stores rise sharply in July from a year earlier as the company reaped the benefit of an improving global economy and gained market share.
Round Up: Intel to buy McAfee
Intel Corp will pay 7.7bn for security software maker McAfee Inc, making its largest-ever acquisition to bolster the appeal of its chips as it tries to expand from PCs into the burgeoning market for web-connected gadgets.
Round Up: Japan’s economy crawls
Japan's economic growth slowed to a crawl in the second quarter of 2010 and analysts see more weakness ahead, adding to policymakers' headaches as they grapple with deflation and a rise in the yen that threatens an export-reliant recovery.
Round Up: Kernal Capital announces new appointments
Kernal Capital, the venture capital firm, has announced the appointment of Gavin Bourke as partner, the promotion of Orla Rimmington to operations director and the promotion of Ger Goold to shared services director.
Round Up: National Irish Bank reports loss of €341m
National Irish Bank has reported a loss of €341m for the first half of 2010. The bank has taken huge loan impairment charges of €367m, largely on its commercial property loans.
Round Up: New mortgage lending down 40%
The value of new mortgage lending in Ireland fell 40% in the second quarter from a year ago, with the bulk of loans requested to buy a home to live in rather than as an investment, data showed.
Round Up: Number of UK workers records biggest rise since 1989
The number of Britons claiming jobless benefit fell less than expected last month, but the number of people in work recorded its biggest rise since 1989 in the three months to June, official data showed.
Round Up: NYSE Euronext beats profit expectations
NYSE Euronext said its quarterly profit rose 25%, beating expectations, as a surge in trading and revenue generation from new initiatives boosted the transatlantic exchange operator.
Round Up: Paddy Power reports "exceptional year"
Irish bookmaker Paddy Power said it expected full-year earnings to rise by up 30% after an "exceptional" soccer World Cup helped its half-year profits beat expectations.
Round Up: Private sector business conditions in Northern Ireland deteriorate
There has been a substantial deterioration in private-sector business conditions in Northern Ireland in July, according to the latest Ulster Bank Northern Ireland PMI.
Round Up: Rents close to stabilising
Rents across the country fell by less than 1% between April and June, according to the latest report published by the property website Daft.ie.
Round Up: Tullow trebles profit in first half of 2010
Tullow Oil reported a trebling in first-half profits to 89m, thanks to higher oil and gas prices, and said it had raised its production guidance for the year.
Round Up: US jobless climbs again
New US claims for unemployment benefits unexpectedly climbed to a nine-month high, yet another setback to the frail economic recovery.
