A round-up of today's other stories in brief
Industrial production rises 11.3%
Industrial production climbed 11.3 per cent in January from the same month a year earlier, helped by gains in the so-called "modern sector", the Central Statistics Office (CSO) said yesterday.
The modern sector, which includes many high technology and chemical sectors, expanded 12.7 per cent in the month while the "traditional" sector posted a 4 per cent increase.
CRH to move US listing to NYSE
CRH said yesterday that it is transferring its US listing from Nasdaq to the New York Stock Exchange (NYSE). Trading in its American Depositary Shares (ADS) will begin on the NYSE on March 31st. The shares will continue to trade on the Nasdaq until then.
AIB chairman buys 5,000 shares
AIB chairman Dermot Gleeson has spent €97,500 buying 5,000 shares in the bank. The shares were bought at a price of €19.50 each on Monday.
Australia reforms media sector rules
Most restrictions on foreign investment in Australia's media sector are to be scrapped in what promises to be the biggest shake-up of the newspaper and broadcasting industry in decades.
The government also plans to ease limits on cross-media ownership.
This will give powerful groups such as Rupert Murdoch's NewsCorp and the Packer family's Publishing and Broadcasting Ltd the opportunity to consolidate further their positions in the sector. - (Financial Times service)
More losses for Deutsche Post
Deutsche Post, Europe's largest postal group, yesterday forecast several years of continuing losses at its DHL parcels business in the US, causing it to issue conservative guidance for 2006. - (Financial Times service)
