Business: BreakingNews.ie

Apple blocks Motorola in patent row

BreakingNews.ie / TCM — Fri, 03 Feb 2012 19:20:38 GMT

Apple has temporarily blocked Motorola's attempt to have it withdraw several iPhone and iPad models from its internet store in Germany, in the latest twist in an extended legal duel over patents between the companies.

Ryanair January traffic down 6%, airline to open Budapest base

BreakingNews.ie / TCM — Fri, 03 Feb 2012 14:07:21 GMT

Ryanair’s January traffic declined by 6%, the company said today as it also revealed plans to open a base in Budapest.

Asian markets in the black

BreakingNews.ie / TCM — Fri, 03 Feb 2012 10:33:50 GMT

HONG KONG: the Hang Seng index closed up 17.5 at 20757.0.

Dow Jones down at close

BreakingNews.ie / TCM — Fri, 03 Feb 2012 09:20:29 GMT

NEW YORK: the Dow Jones closed down 11.1 at 12705.4.

Hungary's national airline fails

BreakingNews.ie / TCM — Fri, 03 Feb 2012 09:04:53 GMT

Hungary’s national airline has ceased operations and grounded all its flights in response to an “unsustainable” financial situation.

Swiss start cartel probe into banks

BreakingNews.ie / TCM — Fri, 03 Feb 2012 08:40:20 GMT

The Swiss Competition Commission has launched an investigation into possible cartel behaviour by a dozen banks including UBS and Credit Suisse.

Panasonic forecasts record net loss

BreakingNews.ie / TCM — Fri, 03 Feb 2012 07:33:23 GMT

Japanese electronics company Panasonic has forecast a record net loss of 780bn yen (€7.7bn) for the fiscal year to March amid falling sales of digital products and production disruptions from flooding in Thailand.

ISEQ marginally down

BreakingNews.ie / TCM — Thu, 02 Feb 2012 17:43:33 GMT

The ISEQ index of Irish shares closed down three points to 3,065, a drop of 0.1%.

FTSE marginally up at close

BreakingNews.ie / TCM — Thu, 02 Feb 2012 17:42:15 GMT

London’s leading shares index failed to gain significant ground today after a raft of blue-chip results overshadowed optimism in the US and merger talks in the mining sector.

January tax take up 17% on previous year

BreakingNews.ie / TCM — Thu, 02 Feb 2012 17:17:46 GMT

The Government took in one tenth of its total target for the year in income tax last month.