Tag Archives: irish

Wall Street ends near flat after recent highs; healthcare climbs

By Caroline Valetkevitch NEW YORK (Reuters) – Stocks closed little changed on Monday, pausing after hitting record highs last week, but strength in healthcare issues helped to keep declines in check. The S&P 500 healthcare sector climbed 0.7 percent and was the day's best performer. Shares of Theravance jumped 17.9 percent to $41.20 after Irish drugmaker Elan agreed to a $1 billion deal to buy 21 percent of the royalties that Theravance receives from GlaxoSmithKline for its respiratory drugs Continue reading

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Nanny Aisling Brady McCarthy Denies Baby Murder

An Irish nanny, who is accused of beating a one-year-old girl who later died, has pleaded not guilty to murder. Continue reading

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Avon culling: Company plans to slash more than 400 jobs

Avon Products Inc said on Monday it will slash more than 400 jobs and exit the Irish market, the latest moves in the new chief executive’s plan to return the beauty products company to profitability in the next two years. Avon, the world’s largest direct seller of cosmetics, is already showing signs of stabilizing its business under new CEO Sheri McCoy, who was brought in a year ago, following yea… Continue reading

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Five police injured in rioting in Northern Ireland

BELFAST (Reuters) – Five police officers were injured on Friday night in the worst rioting for weeks in Belfast in a dispute over the flying of Irish flags near a predominantly pro-British area, officials said. A crowd of more than 100 youths threw bricks and bottles at police officers in Newtownabbey on the northern outskirts of Belfast and at least one car was set on fire, a police spokesman said Continue reading

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S&P upgrades Portugal’s credit rating outlook to stable

LISBON (Reuters) – Standard & Poor's has revised its outlook on Portugal's “junk” BB/B sovereign ratings to stable from negative, citing new evidence that European institutions will continue to support the country's efforts to get its fiscal house in order. S&P's decision – the first outlook upgrade by a major rater since a slew of ratings downgrades in 2011-12 – came after the European Union finance ministers earlier this week commended the Portuguese and Irish authorities' strong commitment to their respective adjustment programmes. Continue reading

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Daniel Day-Lewis Set To Make Oscars History

The British-Irish star is the favourite to win the Best Actor Academy Award for his performance in Lincoln. Continue reading

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S&P lifts Ireland outlook as market return nears

DUBLIN (Reuters) – Standard & Poor's joined Fitch on Monday in lifting Ireland's sovereign debt rating outlook to stable, after Dublin struck a bank debt deal that improved its chances of exiting its bailout programme by the end of 2013. S&P raised its outlook on Ireland's BBB-plus rating to stable from negative, leaving Moody's as the only major rating agency with a downbeat outlook on Irish government bonds. Continue reading

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Ireland moves to quell horsemeat fears, calls meeting

BRUSSELS/DUBLIN (Reuters) – Ireland said on Monday it would order Irish meat processors to carry out DNA tests to reassure consumers worried by the discovery of horsemeat in some beef products and called a meeting of European ministers to discuss a wider response. The horsemeat scandal affecting a growing number of European countries began in Ireland after its food safety authority discovered horsemeat in frozen beef burgers. Continue reading

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Irish beef avoids EU budget chop. Is agricultural subsidy reform on the menu?

As negotiations at the EU budget summit enter their second and final day, Irish farmers and others in Europe’s agricultural community are breathing sighs of relief. Continue reading

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Irish PM called on to apologize for Magdalene Laundries

DUBLIN (Reuters) – Irish Prime Minister Enda Kenny was criticized by his government's junior coalition partner on Wednesday for not issuing the state apology sought by ex-inmates of the notorious Magdalene Laundries following a damning report. Continue reading

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