Morning business news - September 29
world market for cosmetic pharmaceuticals is booming, which is great news for Allergan in Westport. rte.ie |
Today in the press
NAMA claims a loan made to businessman Paddy McKillen to buy shares in Anglo Irish Bank is classed as impaired. rte.ie |
€500k worth of illegal medicines seized
Over 262,000 tablets and capsules with a value of around €500,000 have been seized in an operation involving the Irish Medicines Board, Customs and the gardaĂ. rte.ie |
ESRI wants longer timeframe on deficit
The ESRI says it is concerned that trying to reduce the budget deficit to 3% by 2014 could tip the economy into a deflationary spiral of low growth and high unemployment. rte.ie |
No more black holes in banks, says banking chief
Ireland’s top banker today claimed there were no more black holes in the country’s banks as share prices jumped in the wake of the state’s €85bn rescue deal. feeds.breakingnews.ie |