Banker becomes business minister
Wednesday, January 14th, 2009Standard Chartered Bank chairman Mervyn Davies becomes a life peer and joins Gordon Brown’s government.
Archive for January, 2009
Wage cuts for 300 Seagate staff
Wednesday, January 14th, 2009A third of employees at Seagate in Londonderry are to have their pay cut by 10% in a bid to cut costs.
Dollar pares gains after weak U.S. retail sales data (at Reuters)
Wednesday, January 14th, 2009European shares fall further after US retail sales (at Reuters)
Wednesday, January 14th, 2009UPDATE - Irish PM Cowen denies report he may need to call in IMF (at Reuters)
Wednesday, January 14th, 2009Stock futures lower after retail sales report (AP)
Wednesday, January 14th, 2009Stock futures are extending their losses following a government report showing a worse-than-expected decline in retail sales.
Ahead of the Bell: Dr. Pepper Snapple estimate cut (AP)
Wednesday, January 14th, 2009A challenging beverage environment and the loss of a drink deal will weigh on Dr. Pepper Snapple Group Inc. in 2009, an analyst said Wednesday as he cut the beverage maker’s full-year earnings forecast.
Stock futures tumble after grim retail sales (Reuters)
Wednesday, January 14th, 2009Stock index futures hit a session low on Wednesday after government data showed retail sales fell more than expected in December, signaling a further drop in consumer spending, a key driver of corporate profits.
Insight into the Honda Insight
Wednesday, January 14th, 2009 If there is to be a ‘best kept secret award’ in the green car sector then the Honda Insight certainly won’t be a frontrunner - it’s been grabbing headlines for months now. However, it is only now that it has been unveiled to the Press at the North American International Auto Show.
The vehicle uses the [...]
Details revealed on new Lexus hybrid
Wednesday, January 14th, 2009Lexus’s range of hybrid models has been in something of an awkward position since its inception. Though touted as a green alternative to luxury cars, many environmentalists feel the vehicles simply aren’t green enough - and that they shouldn’t be exempt from congestion charges for example, based purely on the fact that they utilise hybrid [...]