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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.

Barclays Capital Sees Obama Passing $300 Bln Fiscal Stimulus
Barclays Capital Sees Obama Passing $300 Bln Fiscal Stimulus
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.

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.

Poland Secures $12.6 Billion Loan Facility From ECB
Poland Secures $12.6 Billion Loan Facility From ECB
Georgia's Community Bank Closes, Bought by Bank of Essex
Community Bank became the latest in a string of retail bank failures in the last few weeks.
Lower 3.5pc rate to encourage first-time buyers

Charlie Weston Personal Finance Editor

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.

In brief: Tullow strikes it rich with oil find

Tullow Oil yesterday announced another oil discovery in Ghana. The result encouraged brokers to up estimates for the nearby Tweneboa prospect, which is now believed to hold up to 750 million barrels of oil.

'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.

US Senate delays decision on car firms' bailout

The US Senate has delayed making a decision on a $25bn bailout package being sought by the country's top-three car manufacturers.

'Lenihan levy' finally targets top earners

THE country's highest earners were hit hard yesterday as the Government introduced a new 3pc levy on those earning more than €250,000 a year.

Freddie Faces NYSE Delisting
Freddie Faces NYSE Delisting

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