Markets news on stocks, currencies and commodities; The United Arab Emirates’ central bank today eased credit for lenders and said it “stands behind” the country’s local and foreign banks as they may have to accept losses Dubai World’s possible default. Meanwhile, Aryzta, which was launched last year after the merger between Irish food and milling group IAWS and Swiss bakery group Hiestand, announced today that sales fell by 16% to close to €730m in the first three months of its financial year, to the end of October.
Related posts:
- Markets News: Dell to announce 150 new Irish jobs; Swiss-Irish group Aryzta announces jump in revenues; Origin gains from agri-recovery
- Markets News Monday: Bank of Japan floods money market with liquidity in aftermath of earthquake; Arytza reports revenues up 35% in half-year
- Markets News Wednesday: Irish food group Glanbia buys US nutrition business; IBM reports strong Q4 results boosted by outsourcing/mainframes
- Kerry reports fall in revenues in 2009
- Kerry Group reports 41% rise in H1 2010 profit before tax