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African free trade zone is agreed
The leaders of three African trading blocs agree to create a free trade zone of 26 countries with a GDP of $624bn (£382.9bn).
Screens turn red as ISEQ plummets

Trading screens across Dublin turned red as bank shares and later industrial stocks came under the hammer as a wave of negative sentiment swept global markets.

Russian oil giant circles Repsol
Spanish savings bank La Caixa may sell its 14% stake in Spanish-Argentine energy firm Repsol to Russia's Lukoil.
Japan keeps rates on hold at 0.3%
Japan's central bank keeps its key rate unchanged at 0.3% on Friday but warns of an uncertain outlook.
IL&P in takeover talks with EBS management

Irish Life & Permanent is in preliminary takeover talks with EBS, which could result in the building society giving up its 73-year history of mutuality.

Banks 'must kick-start lending'
Banks must start lending again or face being named and shamed, the Treasury Select Committee chairman says.
Honda Swindon closing for 50 days
Honda is to cut production in Japan and Europe and close its Swindon plant in the UK in February and March next year.
Finance Bill 'a missed opportunity to stimulate growth'

IBEC has described the Government's Finance Bill as a missed opportunity for stimulating economic growth.

Housing starts now at lowest level for 50 years

Construction of new homes in the United States plunged last month to the lowest level for nearly 50 years as builders slashed production while Wall Street nosedived.

Digicel opens service in Honduras

DiGiCel, Denis O'Brien's mobile telecoms firm, will go up against Claro, the firm owned by the richest man in the world, through its $450m launch in Honduras.

Santander snubs UK shareholders
The giant Spanish bank Santander has excluded 1.8 million UK shareholders from taking part in a new share issue.
Gap profits higher than expected
American clothes retailer Gap defies Wall Street forecasts and reports higher-than-expected third quarter net profits.
Daewoo leases African plantation
South Korean firm Daewoo says it is leasing a vast tract of land in Madagascar, which will produce half of its corn supply by 2023.

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