US loses 54,000 jobs in August; The broad measure of unemployment rose to 16.7%

Markets News Friday: Fyffes reports fall in profits for the first six months of the year

Eurozone service sector recovery led by France and Germany in August; Activity rose in Italy and Ireland but Spain fell back into contraction

Friday Newspaper Review - Irish Business News and International Stories - - September 03, 2010

Irish Services: Activity increased at weaker pace in August but new business growth accelerated

Irish pension funds fall back slightly in August

China’s markets excessively regulated; Less open to competition than other major economies says European Chamber of Commerce

Irish Exchequer deficit at end-August 2010 was €12.1bn

Trichet announces extension of emergency lending measures for banks into 2011; Upward revision in economic forecasts for 2010 and 2011

Contracts for US second-hand houses unexpectedly rose in July; US retailers in August report rise in sales and discounts; New weekly jobless benefit claims dip by 6,000

European Central Bank keeps its benchmark interest rate on hold at 1.0%

Eurozone GDP in Q2 2010 confirmed at 1% - - outpacing US and Japan; Q1 growth revised up

Markets News Thursday: ECB expected to keep emergency bank support measures in place into 2011; Total Produce reports 5.5% rise in H1 2010 pre-tax profits

Thursday Newspaper Review - Irish Business News and International Stories - - September 02, 2010

Irish pension funds face a return to funding difficulties; Greece and Ireland posted double-digit market declines in August

Irish electricity price rise of 4.9% confirmed; Disconnections in 2010 surge to 10,678

Debt Default in Advanced Economies: IMF paper says default is unnecessary, undesirable, and unlikely

Global Manufacturing activity eased to 9-month low in August as sector recovery slowed further

US manufacturing gathered strength and expanded for the 13th straight month in August; Private sector employment fell 10,000; Construction spending dipped to 10-year low

Irish retail sales volume index fell by 0.2% in month of July; Motor trade only main category with year-on-year value increases