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Pakistan asks IMF for rescue loan
Pakistan has asked the International Monetary Fund for a loan of at least $7.6bn, its top economic adviser says.
'Daily Mail' cuts jobs and costs

The owner of the 'Daily Mail' newspaper has axed hundreds of jobs and launched a £100m drive to boost revenues, as it becomes the latest publishing group to feel the grip of the financial crisis.

AIB now taking indicative orders on a guaranteed €1.5bn bond

Allied Irish Banks yesterday began taking indicative orders for a €1.5bn bond which is set to mature before the Government's guarantee scheme comes to an end in September 2010.

Rolls-Royce set to cut 2,000 jobs

Rolls-Royce Group, the world's second-largest maker of aircraft engines, said it will cut as many as 2,000 jobs worldwide next year as economies slow and programs at Boeing and Airbus SAS suffer delays.

Dell sees quarterly profits slip
US computer maker Dell sees its quarterly profits fall as customers around the world buy fewer computers.
No agreement for US car bail-out
US carmakers are given a deadline to produce a viable recovery plan if they want a $25bn government bail-out.
Economy boost may mean pain later
Alistair Darling may be forced to set out future taxes rises to pay for a short-term boost to the economy, the BBC understands.
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.
Jobs fair seeks to lure Lithuanian workers home

A jobs fair is being held in Dublin today to encourage Lithuanians to return and find employment in their homeland.

Severson joins Trinity board

BIOTECH

BoI shareholders seek legal advice over deal

Three major foreign shareholders in Bank of Ireland have sought legal advise in recent days about taking an injunction if existing shareholders are locked out of a potential multi-billion deal to invest in the 225-year-old lender.

CREO moves on stake in complex

China Real Estate Opportunities (CREO) -- the Chinese division of Irish developer Treasury Holdings -- has taken an option to buy a 25.65pc stake in a €435m office and retail complex in the Chinese capital Beijing.

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