You are viewing the content for Saturday 18 February 2006

BUSINESS

'EU livestock industry at risk'

By Ray RyanEUROPE'S livestock sector is being placed at risk because more stringent restrictions are not being imposed on importing beef from Argentina and Brazil in response to foot-and- mouth disease outbreaks in these countries, it was claimed yesterday.

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Glanbia rewards top grain growers

By Ray Ryan, Agribusiness CorrespondentGLANBIA handled 180,000 tonnes of grain in its catchment area from Cork to Louth last year.

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British sheepmeat production to fall

By Martin RyanMarts: Sheepmeat production in Britain is predicted to fall by up to 5% in 2006, following an increase of 4% in 2005, according to the latest forecast from the Meat and Livestock Commission.

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Bank stocks drive market

SHARES in Dublin rose for the seventh consecutive day with the banking stocks the catalyst. The ISEQ added 28.22 points to 7757.90.

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Dell shares slip despite profit rise

SHARES in computer maker Dell slipped by more than 5% in early trading yesterday even though it posted better-than-expected fourth-quarter profits.

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AGI Therapeutics plans €40m flotation

By Ian GuiderA PHARMACEUTICAL company fronted by former Elan executives plans to raise over €40 million from a stock market flotation.

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Investors favour independent advice

A SURVEY which shows almost two-thirds of investors prefer to get financial advice from an independent broker rather than from financial institutions themselves has been warmly welcomed by the Irish Brokers Association (IBA).

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Plea to support mobile television

MOBILE MESSAGING FORUM chairman Eamon Hession has called on the Government and the mobile and broadcasting industries to take decisive action to support the introduction of mobile TV in Ireland.

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Manufacturing sector to lose more than 150 jobs

By Ed CartyABOUT 150 jobs are to be axed over the next year with the closure of two manufacturing plants in the north-west.

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Rising expenses eat into operating profits at U2's management firm

By Ian GuiderU2'S management firm Principle saw profits fall by over €1 million last year.

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Glencar share issue raises €1.84m

THE board of Glencar Mining plc yesterday announced the conditional placing of 18,002,000 new ordinary shares of nominal value €0.031 in the capital of the company at £0.07 (€0.10) per share.

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Energy expert is clutching at straws

By Brian O'MahonyA RESPECTED authority on fossil fuels has turned the debate on its head claiming the world has enough fossil fuels to energise the globe for at least 500 years.

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Neworld MD to present brands talk

NEWORLD ASSOCIATES managing director Pat Kinsley will present a talk entitled 'Does your brand take you for granted?' at The Marketing Breakfast on February 22.

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