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Business News Archive - October 07, 2008

Business in brief AVIATION Aer Lingus is to cut up to 1,500 jobs through redundancy and outsourcing as part of a 74m (57m) cost-saving plan. The cabin crew base at Heathrow is to be closed, but it is understood the company's hub at Belfast International Airport will not be affected.

Business in brief The low-cost airline easyJet yesterday said its planes were fuller in September after it flew 4.2 million passengers during the month.

By Marina Emmanuel LOCAL steelmaker Southern Steel Bhd is cautiously optimistic of a rebound in steel prices come early next year.

By Nick Clark Market Report THE PAST few weeks have proved hard work for market commentators, with each plunge calling for an ever more outlandish hyperbole.

By NAOMI TOLLEY The deputy leader of the Lib Dems has given his backing to Bay MP Adrian Sanders - branding Mr Sanders' recent skirmish with a party activist as 'fierce defence of our party'. Vince Cable was in the Bay on a flying visit yesterday.

Pedalling Myths: Frank Chapman's letter (We should develop new energy - but refuse wind farms ) is highly misleading and contains factual errors. He peddles the myth that wind farms attract government subsidies. They don't.

Solyndra, Inc. today announced a new solar photovoltaic (PV) system for the commercial rooftop market.

By Ooi Tee Ching PALM oil prices fell as much as RM225 per tonne yesterday, triggering the 10 per cent daily limit imposed by the derivatives exchange, but short coverings in the evening helped pare losses.

By Sam Bennett When Hennebery Eddy Architects first began working on the Jackson South Terminus light-rail station in 2006, designers knew they wanted a project packed with green features. But they weren't certain that the technology would be ready in time for construction.

By Martin Hickman CONSUMER AFFAIRS CORRESPONDENT * Watchdog says 4.3 million are being overcharged Britain's energy industry is working well for most customers but at least 4.3 million are being overcharged, the regulator Ofgem said yesterday.

Word of the Day
malpais
  • The ragged surface of a lava-flow.
'Malpais' translates from Spanish as 'bad land.'