US drugmaker Pfizer has forecast 2016 revenue and earnings below analysts’ estimates, largely because of the strong dollar.
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Irish unemployment rate of 8.6 at mid-table in EU league
Ireland’s unemployment fell to 8.6% in January — the lowest rate for more than seven years and down from a crisis peak of 15.1% in February 2012 — but remains only around the mid-table of the EU’s jobless performance league.
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Sainsbury agrees €1.7bn takeover of Argos owner Home Retail Group
British supermarket giant, Sainsbury has agreed to buy Argos and Homebase owner Home Retail Group for about £1.3bn (€1.7bn), handing the British grocer control over hundreds of shops selling everything from jewellery to televisions as it tries to create a more potent challenger to Amazon.com.
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Oil falls on mild winter weather and rising supply concern
Oil fell yesterday, with US crude briefly slipping below $30, dented by worries about demand amid a mild winter and concerns of rising supply as hopes for a deal between the Organization of the Petroleum Exporting Countries and Russia on output cuts fade.
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Innovation will see Apple pull through
If ever the peculiarity of stock markets was ever illustrated, it may have been this week when, fresh from posting the highest quarterly profits of any company in history, Apple slipped from its perch as the world’s most valuable company.
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