Menu
11/09/2001
Chaos in London as FTSE closes early
Chaos descended upon the world’s stock markets on Tuesday following the attack on the World Trade Centre in New York.
The FTSE-100 in London closed down early due to the attacks after it was feared that there could be further assaults on political institutions throughout the world, while trading has been completely suspended in New York.
The FTSE was making a recovery on Tuesday when news came through of the US tragedy. Before the decision came to close the market, it dropped rapidly by over 250 points and is expected to fall further when markets reopen. Oil prices have risen to over $28 a barrel from the previous low figure of $27 mark, in anticipation of a potential Middle East crisis.
The share index had fallen below the 5,000 mark on Monday, the first time in three years, devaluing millions of small investors shares as part of a trend which went around the world. (MB)
The FTSE-100 in London closed down early due to the attacks after it was feared that there could be further assaults on political institutions throughout the world, while trading has been completely suspended in New York.
The FTSE was making a recovery on Tuesday when news came through of the US tragedy. Before the decision came to close the market, it dropped rapidly by over 250 points and is expected to fall further when markets reopen. Oil prices have risen to over $28 a barrel from the previous low figure of $27 mark, in anticipation of a potential Middle East crisis.
The share index had fallen below the 5,000 mark on Monday, the first time in three years, devaluing millions of small investors shares as part of a trend which went around the world. (MB)
Related Northern Ireland Business News Stories
Click here for the latest headlines.
09 September 2019
16 Jobs Created As Armagh Firm Expands Operations
Some 16 jobs will be created at an Armagh manufacturing firm as it opens a new premises to support market growth. AW Control Systems Ltd specialises in the design, manufacture, installation and commissioning of Automated Control Systems.
16 Jobs Created As Armagh Firm Expands Operations
Some 16 jobs will be created at an Armagh manufacturing firm as it opens a new premises to support market growth. AW Control Systems Ltd specialises in the design, manufacture, installation and commissioning of Automated Control Systems.
07 March 2014
Wrightbus Secures Major Orders
Enterprise Minister Arlene Foster has welcomed Wrightbus International's announcement that, in partnership with Volvo Bus, it has secured major orders from two Hong Kong based bus operators. New World First Bus Services Limited has ordered 20 new double deck buses, while Citybus Limited will purchase 31.
Wrightbus Secures Major Orders
Enterprise Minister Arlene Foster has welcomed Wrightbus International's announcement that, in partnership with Volvo Bus, it has secured major orders from two Hong Kong based bus operators. New World First Bus Services Limited has ordered 20 new double deck buses, while Citybus Limited will purchase 31.
19 June 2017
Trade Mission To South Africa & Nigeria Announced
Invest NI have announced a Trade Mission to South Africa and Nigeria from 11 – 15 September, 2017. Businesses are invited to join the mission and take advantage of the business opportunities within the region. South Africa and Nigeria are both emerging and import dependent markets offering a multitude of export opportunities for local companies.
Trade Mission To South Africa & Nigeria Announced
Invest NI have announced a Trade Mission to South Africa and Nigeria from 11 – 15 September, 2017. Businesses are invited to join the mission and take advantage of the business opportunities within the region. South Africa and Nigeria are both emerging and import dependent markets offering a multitude of export opportunities for local companies.
10 February 2015
Purepipe To Invest £250,000 And Create Six New Jobs
Belfast-based Purepipe is investing £250,000 and creating six new jobs as part of plans to boost sales in Great Britain and the Republic of Ireland. Invest Northern Ireland has offered the company £45,000 towards its expansion which involves investing in new state-of-the-art specialised pipe manufacturing equipment needed to target new business.
Purepipe To Invest £250,000 And Create Six New Jobs
Belfast-based Purepipe is investing £250,000 and creating six new jobs as part of plans to boost sales in Great Britain and the Republic of Ireland. Invest Northern Ireland has offered the company £45,000 towards its expansion which involves investing in new state-of-the-art specialised pipe manufacturing equipment needed to target new business.
19 July 2001
WORLD BANK REJECTS US DEBT PROPOSAL
PRESIDENT BUSH has come under attack ahead of this weekend’s G8 summit in Genoa over his recent suggestions surrounding the resolution of the issue of third world debt.
WORLD BANK REJECTS US DEBT PROPOSAL
PRESIDENT BUSH has come under attack ahead of this weekend’s G8 summit in Genoa over his recent suggestions surrounding the resolution of the issue of third world debt.
-
Northern Ireland WeatherToday:After a dry start this morning rain will spread from the northwest across all parts. This afternoon will be dull with some patchy rain and drizzle. Becoming much milder through the afternoon. Maximum temperature 11 °C.Tonight:A cloudy evening and night with a little light rain or drizzle, perhaps some clear periods developing along the east coast. A very mild night everywhere. Minimum temperature 10 °C.
