Manufacturing grows strongly again in September

Irish manufacturing grew robustly again in September, marking the 15th month in a row that the sector was in positive territory. Investec’s monthly Purchasing Managers’ Index (PMI), fell slightly to 55.7 from a 15-year high of 57.3 in August. Any reading above 50...

Small business economic confidence grows

Its regular quarterly survey showed three-fifths of firms expect to grow in the next 12 months. All sectors reported they had a positive outlook for the seventh quarter in a row. North East England reported the most improved attitude, although the South East was most...

Heineken rejects takeover offer from SABMiller

Heineken said it had “consulted with its majority shareholder” before rejecting the approach. It said the Heineken family, the founding family which still owns half of the firm, wanted to preserve the firm as “an independent company”. Heineken...

TUI Travel and TUI agree to form tourism leader

“The merger will result in the creation of the world’s number one integrated leisure tourism business… with enhanced long-term growth prospects,” a joint statement from the two companies said. Today’s news follows an announcement in June...

World watches for first US interest rate hike in 8 years

As the US economy picks up pace its Federal Reserve is inching closer to raising interest rates, a move that will send ripples across the globe. The US is shaking off the hangover from the financial crisis that hammered Europe and even knocked mighty China off its...