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 Cowen: Impossible to overturn high rent leases Description : The Taoiseach Brian Cowen said today it was impossible to overthrow controversial shop leases struck during the boom years which bar rent reductions. IBEC: Public sector strikes 'unacceptable' Description : IBEC have said that the escalation of industrial action by public sector unions is "unacceptable at a time when Ireland’s long term prosperity depends on high-quality, effective and innovative public services". Paris up, Krugerrand down Description : The krugerrand closed at 1115.00 – 1177.00 compared with 1123.00 – 1185.00 previously. Ryan fears for future of levy-hit radio sector Description : The Communications Minister Eamon Ryan has said he is concerned about the impact that a levy on broadcasters will have on jobs in the independent radio sector. Examiner appointed to Vero Moda company Description : Bestseller Retail Ireland Limited, the company behind a number of well known clothing stores, has welcomed the appointment today by the High Court of an Examiner to the company. Successful drilling for Circle Oil Description : Limerick-headquartered oil and gas exploration company Circle Oil has today announced that a site in Cairo “may even be slightly larger than originally thought”, according to the company. Prospect of class action lawsuit adds to Toyota worries Description : US Toyota owners have filed dozens of group lawsuits claiming that massive safety recalls have hammered the value of their cars in an action that could cost the company more than £2bn. Merkel: Proposed EMF would require new treaty Description : German chancellor Angela Merkel believes the proposed formation of a new agency to provide financial help to EU member states would require an amendment to the Lisbon Treaty. AIB pays board and management €3.6m in 2009 Description : AIB Bank's pay bill for its board and management hit €3.6m last year including almost €900,000 for former chief executive Eugene Sheehy. ISEQ down in early trading Description : Despite some positive results from the US and Asian markets, the ISEQ index of Irish shares was down 24.43 points this morning. |
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