World / Small Business
Citibank hired to explore Hummer options
23.06.2008 23:20
freep.com
General Motors Corp. has hired Citibank to help it review the options for the Hummer brand, the automaker told dealers today in a conference call held by the automaker's head of North American sales, service and marketing.
USA
Small Business
McCain proposes new fuel rules, $300-million reward for innovative battery
23.06.2008 16:19
freep.com
WASHINGTON -- Sen. John McCain vowed today to break the nation's dependence on oil for its cars and trucks if elected president, with tougher rules for automakers, tax credits for car buyers and $300 million for one smart battery inventor.
USA
Small Business
DAX 30 closes up
23.06.2008 15:26
breakingnews.ie
FRANKFURT: the DAX 30 closed up 11.0 at 6589.5.
Ireland
Small Business
GM makes more cuts in truck, SUV production
23.06.2008 15:25
freep.com
General Motors Corp. will further reduce truck production in the second half of the year by 170,000 and increase production of cars, crossovers and vans by about 47,000, the company announced this afternoon.
USA
Small Business
Daft.ie buys competing website
23.06.2008 14:29
breakingnews.ie
Daft Media, owner of leading property website Daft.ie, today announced the acquisition of competing website Property.ie for an undisclosed sum.
Ireland
Small Business
Gain at last for FTSE
23.06.2008 13:28
breakingnews.ie
The London market broke its three-day losing streak today as strong gains from oil and commodity stocks offset another dire session for banks and property firms.
Ireland
Small Business
Little movement in European markets
23.06.2008 12:27
breakingnews.ie
PARIS: the Cac-40 index closed dn 0.2 at 4509.0.
Ireland
Small Business
Ford begins to dismiss salaried workers to cut costs
23.06.2008 12:26
freep.com
Ford Motor Co. has begun dismissing salaried workers as part of an effort to shed 15% of its salaried-related costs by Aug. 1 in the face of a toughening U.S. economy.
USA
Small Business
HBOS short-sellers revealed
23.06.2008 11:35
breakingnews.ie
The investors betting on stock market pain for Halifax Bank of Scotland came out of the shadows today as the lender's £4bn (€5bn) cash-call came under more pressure.
Ireland
Small Business
Waterford Wedgwood conducting review of porcelain firm
23.06.2008 10:29
breakingnews.ie
China and crystal maker Waterford Wedgwood confirmed it is conducting a strategic review of its German porcelain business Rosenthal.
Ireland
Small Business
UK home sale figures decline further
23.06.2008 08:33
breakingnews.ie
The number of UK properties changing hands fell by 13% during May as the credit crunch continued to take its toll on the market, British government figures showed today.
Ireland
Small Business
ISEQ slips in the morning
23.06.2008 07:25
breakingnews.ie
The ISEQ index of Irish shares was down this morning, falling 49.26 points to 5,416.92.
Ireland
Small Business
FTSE slightly up
23.06.2008 07:24
breakingnews.ie
Halifax Bank of Scotland led a poor session for financial stocks today as shares returned below the company’s rights issue price of 275p a share.
Ireland
Small Business
Asian markets down
23.06.2008 06:25
breakingnews.ie
HONG KONG: The Hang Seng index closed down 30.6 at 22715.0. SINGAPORE: The Straits Times index closed down 22.7 at 2979.2.
Ireland
Small Business
Debenhams shares weaken on banking fears
23.06.2008 06:25
breakingnews.ie
Department store chain Debenhams saw shares hit a record low today amid fresh City fears over the group’s financial health in a tougher retail climate.
Ireland
Small Business
English