DUBLIN and Athlone- based pharmaceutical company Elan is hoping to conclude its ongoing strategic review in the near term, its chief executive said yesterday.

Cyclone Gonu battered Oman’s coast yesterday with fierce winds and torrential rains, forcing thousands from their homes and shutting down oil installations before heading towards the world’s most important crude oil tanker route.

CRUDE oil in New York rose to its highest close this year after Nigeria, Africa’s biggest oil producer, said it will comply with OPEC production cuts.

BRITISH Airways is sounding positive, of late, with regard to future performance, saying that the fallout from the security scares at Heathrow and other British airports back in August hasn't hampered overall business too much.

German regulators say they have found evidence that a large bond trade last year by Citigroup, the world’s largest financial institution, resulted in market manipulation, according to a report today.

THE two private equity firms, who are the largest shareholders in Eircom, will net close to €470 million when the telecoms company floats on the stock market later this month.