The Independent

Tuesday, January 06 2009

Today's Paper

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Business

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Market braced as top firms prepare to post slide in profits

By Joe Brennan

UP to three-quarters of 16 Irish-listed companies unveiling interim figures over the next five days are expected to post a drop in profits as a triple whammy of a weakening economy, sky-high fuel prices and unfavourable currency movements bite.

Zeus yearly sales soar to €90m after €20m buy-outs

By Joe Brennan

IRISH industrial and retail packaging distributor Zeus Packaging has spent almost €20m on acquisitions in recent months -- bringing its annual sales to over €90m.

CIF takes to the road to advise builders on surviving downturn

The Construction Industry Federation (CIF) is to embark on a national roadshow to help members shore up profits in the ongoing downturn.

Fed's focus on Wall Street a hindrance, says expert

By Scott Lanman

The Federal Reserve, America's central bank, pays a "dangerous" amount of attention to the concerns of financial institutions, constraining its ability to influence the economy, according to former Bank of England policymaker Willem Buiter.

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