Portsmouth FC could be wound up by next week

The club’s biggest creditor demands an upfront cash payment to approve a deal that would end its administration.

Laura Ashley staff strike on Grafton St

Staff object to receiving statutory redundancy as the store closes.

Toyota recalls another 1.5m cars

Brake fuel leak and fuel pump concerns behind latest batch of recalls.

Jobs cut at IBM

Still the Real Thing: Coca-Cola profits up over 8%

Coca-Cola’s profit for the third quarter of the year grew, as the company finds new customers in Russia and China.

Microsoft shocked as Ray Ozzie walks out

The company’s Chief Software Architect – the man Bill Gates picked to replace himself – leaves and won’t be replaced.

European Commission begins investigation into EBS plan

The European Commission begins its probe into the plans of the state-owned building society, which is up for sale.

Ulster Bank's Fingleton case adjourned for two weeks

Healthcare company to create 250 jobs in Ballina

Healthcare product manufacturer Hollister will invest €65m in a major expansion at its Co Mayo facility.

Big Mac Index predicts a 30 per cent fall in the euro

Oops. As the international currency bunfight gets underway, the Big Mac Index suggests the euro is overvalued by almost a third.

Hicks claims he was "swindled" in NESV sale

Former Liverpool owner claims “conspiracy” prevented him from repaying debts to RBS.

Google shares skyrocket on back of massive revenue jump

Shares jump by almost 10% after the company announces a 32% increase in profits for the third quarter.

Aer Lingus staff to strike if work-to-rule rejected

If management try to discipline staff for going on work-to-rule, Aer Lingus staff say they’ll go on all-out strike.

Examiner appointed to top construction firm

Building giant Pierse Construction applied for examinership at the High Court today after suffering €30m in bad debts.

Quinn administrations refuse to name takeover bidders

Quinn Insurance’s administrators say they will not publish a shortlist of interest bidders because it could effect the sale.

Gap ditches logo redesign after online backlash

The clothes retailer abandons plans to rebrand after Facebook and Twitter are stormed with negative feedback.

New jobs announced by software firm

Liverpool ownership hearing scheduled for tomorrow morning

‘Royal Bank of Scotland PLC v Hicks & others’, to be heard tomorrow, will decide whether the club will be sold.

Film studio MGM proposes bankruptcy to write off $4bn debt

The studio wants to give its lenders a 95% stake in the studio – in a deal that will secure The Hobbit and James Bond.

Manchester United report losses of £83m

The club have made record operating profits but their overall losses have risen above £80m

Aer Lingus staff may have to refund money to Revenue

The Revenue Commissioners have questioned a scheme which saw workers leave on redundancy packages only to be rehired weeks later – albeit on lower wages.

AIB begins selling off M&T shares

The Irish bank sells off its shares in its American subsidiary in an attempt to boost capital reserves.

Football's rich list- Sheikh Mansour back on top

Manchester City owner is the richest person in British football.

Microsoft to enter tablet race before Christmas

Microsoft’s CEO Steve Ballmer says there’ll be tablets running Windows on sale by the end of 2010.

Liverpool fans' group gears up for takeover bid

The Spirit of Shankly sets up a credit union to allow supporters save up for a mutual investment in the club.

AIB's American sell-off talks break down - report

AIB’s hopes of raising €7.4bn in capital before the end of the year hit a snag as American takeover talks stall.

Bill Gates back at the top of America's Richest list

Microsoft’s founder is the worth more than the Anglo bailout.

EBS loses €250m in first half, but modest operating profit

The nationalised building society made €25.6m and only incurred losses because of impaired loans and NAMA transfers.

Yoga guru could be ousted from oil board over dividend row

Health guru Tony Quinn could be overthrown as a director of a company drilling for oil in Belize because it isn’t paying dividends.

Apple's Jobs to journalism student: 'Your grades aren't our problem'

After a six-email exchange, the CEO tells a 22-year-old asking for media help: “Please leave us alone.”

Moody's downgrade rating of Anglo Irish bonds

The ratings agency cites concerns over the liquidity of Anglo’s commercial assets for downgrading from AAA to AA2.

New jobs news

Department of Finance writes to FT over 'Lazarus' article

A press officer insists that the FT got its facts wrong about deposits in Irish banks and misled over Anglo.

Nokia unveils new handsets as smartphone war continues

The Finnish manufacturer ‘shifts into high gear’ to fight back against growing dominance from Apple and Blackberry.

Facebook surpasses Google for proportion of users' time

Users now spend more time on the networking site than they do searching. Maybe Google Instant wasn’t a great idea…

EU set to call for Irish Nationwide wind-down

Just as with Anglo, Brussels could veto the building society’s plans to reinvent itself and call for its ultimate closure.

Ryanair cuts 21% of flights to Shannon airport

The budget airline blames the government’s 10% travel tax for disincentivising travel to the Co Clare airport.

Ryanair to axe more services at Shannon

…Just after Aer Lingus announces cuts in winter flights at the airport.

22 redundancies announced in Mayo

Fish-feed company Skretting says that production in Ireland is not longer economically viable.