Smurfit business school in top 30
UCD Smurfit School of Business has been ranked among Europe's top 30 by a new ranking of the top 100 global full-time MBA programmes. It is the 11th consecutive year the school has been in the global top 100 position. UCD's is the only Irish ranked business school, a spokeswoman said.
US 'milestone' for NTR solar energy
NTR's US subsidiaries, Tessera Solar and Stirling Energy Systems, yesterday opened their first commercial-scale solar energy plant, in Arizona. The 60 large solar dishes will generate 1.5MW of electricity for customers of the Salt River Project utility in Phoenix. NTR chief executive Jim Barry described the opening as a "significant milestone".
Google ad revenue up 17pc to $6.67bn
Google has reported a rebound in its core search advertising business in the last quarter of 2009, with total revenues of $6.67bn (€4.7bn), up 17pc compared with the same period the year before. Google reported a record fourth-quarter profit of nearly $2bn, up from $382m the year before, and revealed that it has increased spending on hiring and marketing.
Hershey no longer sweet on Cadbury
Hershey yesterday confirmed that it will not bid for Cadbury after the British confectioner's board this week recommended an £11.9bn (€13.6bn) offer from Kraft Food. Cadbury executives had publicly backed Hershey as having "similar values" to their company. But Hershey confirmed to the market that it will not compete with Kraft's 850p per share offer.
Budget Travel brand sold to rival
Budget Travel's liquidator has agreed to sell the company's trade name and intellectual property to Club Travel. A statement said the sale was subject to approval by the Competition Authority.
UK's festive sales lowest since 2007
UK retailers saw their weakest Christmas sales volumes since 2007 last month, official figures showed yesterday. Sales volumes grew by just 0.3pc over the month, the Office for National Statistics said -- far less than the 1.1pc growth expected.