A round-up of other business news stories of the day
Smurfit MBA rated 31 out in world 100
The full-time MBA programme at the UCD Michael Smurfit Graduate Business School has been rated 31st out of the top 100 in the world, in the Economist's 'Which MBA?' 2010 rankings.The school's programme was the only Irish MBA among Europe's top 15.
NTR names new executive director
Multinational utility NTR has appointed chief operating officer Michael McNicholas to the board as an executive director.
The group’s US solar subsidiary, Tessera Solar, said this week permission was granted to its Imperial Valley project in California.
Record fall for British house prices
British house prices plunged a record 3.6 per cent on the month in September, mortgage lender Halifax said, in a further sign the housing market is rapidly losing steam after a pick-up last year. Halifax said the fall was the biggest since records began in 1983.
Entrepreneurs set for TV appearance
Eight contenders for this year's Ernst & Young Entrepreneur of the Year Award will be showcased this evening on RTÉ, with the chair of the judging panel, Pádraig Ó Céidigh, meeting the international category finalists. The winner will be announced on October 21st.
Nickel increase for Dutwa project
Exploration turned nickel-mining company African Eagle Resources has announced a 13 per cent increase in the contained nickel metal of the JORC Dutwa Project to 917kt. The firm said there is a potential for a further 8-10 million tonnes of ore at Ngasamo.
Marks & Spencer warns trading conditions will get even tougher
Marks & Spencer said yesterday that trading conditions in Ireland remain difficult. In a trading update, the retail giant beat forecasts with a 5.3 per cent rise in second-quarter underlying British sales yesterday. But it warned that trading conditions would get tougher as austerity measures hit consumers.
Britain’s biggest retailer Tesco earlier this week struck a more upbeat tone, describing a “slow and steady” British recovery, while grocer J Sainsbury said yesterday that austerity measures were already embedded into shopping habits.