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Steven Madden Beats the Street, Boosts Forecast
In a quarter when retailers are posting some very ugly numbers, there seems to be one bright spot, Steven Madden.
'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.

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.

Russia pushes Ukraine on gas debt
Russia demands Ukraine to repay a $2.4bn gas debt, raising fears of a renewed dispute which could disrupt supplies to Europe.
Manufacturing and service activity sinks to record lows

Eurozone service and manufacturing business activity sank much further and faster than expected in November to record lows, pushing some economists to call for larger rate cuts from the European Central Bank.

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Bernanke Leaves Door Open to Further Rate Cuts
Warning that financial markets remain under "severe strain," Federal Reserve Chairman Ben Bernanke pledged Friday to work closely with other central banks to fix global financial problems and left open the door to a fresh interest rate cut to help brace the sinking U.S. economy.
Cavuto: John Kennedy Was Right
So Alan Greenspan is "shocked, shocked" the credit markets melted down. Our friends at MarketWatch describing the former Federal Reserve Chairman in "full-frontal legacy defense mode."
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.

United Drug enjoys €70.5m profits despite fall in sterling

United Drug reported a pre-tax profit of €70.5m for its fiscal year, despite taking a hit on sterling's decline in value.

Shop till you prop up the economy, Taiwan residents told
Taiwan's prime minister announces a cash handout for all residents in a bid to try to stave off economic 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.

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).

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