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Business leaders feeling 'optimistic'


THE majority of retailers and fast moving consumer goods (FMCG) business leaders are positive about their business prospects this year, according to a new survey. The research, carried out at the 'Checkout Magazine' annual conference found 23.5pc of the attendees were "very optimistic" and 59.2pc said they were "moderately optimistic" about the coming year.

Outlook for Bord Gais, DAA reduced


S&P has changed the rating outlooks for Bord Gais and for the Dublin Airport Authority to credit watch negative, from credit watch with negative implications. The actual ratings were left unchanged. It follows on from S&P's review of Ireland last Friday, when the rating was left unchanged but the "outlook" was downgraded to negative.

BlackBerry deal interests Samsung


RESEARCH In Motion (RIM), maker of the BlackBerry smartphone, advanced as much as 9.8pc after a report that Samsung may be interested in buying the company. No deal has been made because RIM is asking too much, the blog BGR reported. An acquisition of RIM, whose stock fell 75pc last year amid market-share losses, would give Samsung an operating system that would help it differentiate from competition.

Cove ups gas find in Mozambique


COVE Energy, a Dublin-based explorer listed in London, said it has found the deepest layer of natural gas so far in its discovery off Mozambique. The company, which is selling itself by secret auction, found the gas along with partner Anadarko, it said in a statement. Shares closed up 3.6pc.

Passenger numbers fall at state airports


PASSENGER traffic at Shannon Airport declined 7pc last year to 1.6 million as it continued to suffer from a fall-off in business. The Dublin Airport Authority -- which manages the three state-owned airports -- said that passenger traffic at Cork also fell last year, by 3pc to 2.4 million. Dublin Airport recorded a 2pc rise in passenger traffic to bring its tally to 18.8 million.

Irish Independent