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Jobs and services figures boost US hopes
Official figures show that the US economy created more jobs than expected in January.
 
 
Service sector weakened again in January
A report has shown that activity in the service sector shrank in January for the second month in a row
 
 
Huge debt grounds Hungarian airline
Hungary's national carrier Malev has grounded all flights and ceased operations.
 
 
Euro business activty crept up last month
A report has shown that the euro zone's private sector economy halted a four-month decline in January.
 
 
Euro ministers await Greek debt deal
Euro zone finance ministers have scrapped plans to meet on Monday.
 
 
Spain wants banks to set aside €50 billion
Spain's government has launched a major clean-up of the country's troubled banks.
 
 
UK services growth fuels optimism
A survey has shown that Britain's services sector expanded at the fastest pace in 10 months in January.
 
 
Ryanair warns Aer Lingus on pensions
Ryanair has warned that it intends to take legal action over the Aer Lingus pension scheme issue.
 
 
Green light for Tullow Uganda deals
Uganda has signed production agreements with Tullow Oil.
 
 
Value of Dublin share deals down 22%
The volume of share trading on the Dublin market rose last year, but the value of the deals fell.
 
 
Former UBS trader is refused bail
Former UBS trader Kweku Adoboli was refused bail by a London court this morning.
 
 
New York State sues banks on mortgages
The state of New York is suing major US banks for fraudulently foreclosing on thousands of homeowners.
 
 
BT profit edges up despite revenue dip
British telecoms giant BT has managed a small rise in third-quarter core profits.
 
 
Bumper sales drive Volvo profit rise
Volvo Group, the world's second-largest truck maker, has announced a 63% jump in its 2011 net profit.
 
 
US jobs growth gives oil a boost
Crude oil prices rose in Asia this morning in nervous trading ahead of a closely-watched US jobs report.
 
 
Morning business news - February 3
Mergers and acquisitions have been a bit thin on the ground of late, but then along comes a big one.
 
 
Today in the press
Accounts show that Vodafone Ireland paid a €60m dividend to its parent firm in its last financial year.
 
 
Central Bank slashes growth forecast
The Central Bank has cut its growth outlook for this year due to slowing exports.
 
 
January tax take up 17% year-on-year
Figures from the Department of Finance show the amount taken in in tax in January was up 17% compared with January last year.
 
 
Facebook's Zuckerberg to keep grip after IPO
Facebook unveiled plans for the biggest ever Internet IPO that could raise as much as $10 billion.
 
 
EBS workers to be balloted on 13th month deal
A second strike by EBS workers has been suspended pending acceptance of a deal which will see workers get 50% of their ‘13th month’ payment.
 
 
Quinn family in action against IBRC
Seán Quinn's wife and five children are challenging a claim that they are liable to repay loans of over €2 billion to IBRC.
 
 
VHI Healthcare to increase premiums by 6-12%
VHI Healthcare is to increase its prices by between 6% and 12.5% from March 1.
 
 
EU fiscal compact economics 'pretty terrible'
Professor Karl Whelan has said the economics of the EU Fiscal Compact Treaty "are pretty terrible".
 
 
Spain and France pay lower rates in auctions
Spain's borrowing rates tumbled today in a sale of its medium-term bonds, the central bank said.
 
 


Todays news!
4 February 2012
Jobs and services figures boost US hopes
Official figures show that the US economy created more jobs than expected in January.
Service sector weakened again in January
A report has shown that activity in the service sector shrank in January for the second month in a row
Huge debt grounds Hungarian airline
Hungary's national carrier Malev has grounded all flights and ceased operations.
More stories from RTE News Feed here

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