European stocks rallied after the biggest drop in a week as Greece described its debt talks as “productive” and investors speculated the Federal Reserve will provide more stimulus. The cost of insuring Italy’s debt rose to a record after Standard & P
Irish exploration company Petroneft has reported revenue of €15.9 million for the six months ended 30th June 2011. There is no equivalent figure for the same period last year but revenue for the full year ended 31st December 2010 was €5.2 million. Th
German investor confidence fell to the lowest in more than 2 1/2 years in September as Europe’s debt crisis and a global slowdown damped the outlook for growth.
Eight offshore banks are under federal grand jury investigation for facilitating tax evasion by U.S. citizens as part of a probe the Justice Department said has dealt “fabled Swiss bank secrecy a devastating blow.”
Germany’s lower house of parliament must in future approve each payment made by the European Financial Stability Facility (EFSF) or changes to the fund, the German newspaper Bild has reported.
Pharmaceutical giant Pfizer is to invest $200 million (€147m) at its Grange Castle biotechnology manufacturing facility in Clondalkin, Co. Dublin.
Indian based global IT services company, HCL Technologies is to establish a software delivery centre in Dublin and create 80 information technology jobs over 3 years.
Spanish Finance Minister Elena Salgado said a breakup of the euro area shouldn’t even be discussed, when urging governments to help Greece, according to a Bloomberg report.