Sale of State firms would be stupid, says RyanMINISTER FOR Energy Eamon Ryan warned yesterday that it would be “stupid” to dispose of State companies such as the ESB, Eirgrid…Sat Nov 13 2010 - 00:00
Inter-company loans may be to blame for collapseNAMA DECISION: INTER-COMPANY LOANS may have been behind the collapse of Michael McNamara and Co, which was placed in receivership…Sat Nov 13 2010 - 00:00
'Stupid' to dispose of utilities - RyanMinister for Energy Eamon Ryan warned today that it would be “stupid” to dispose of State companies such as the ESB, Eirgrid …Fri Nov 12 2010 - 00:00
CRH and Smurfit Kappa fall as Iseq sheds over 2%DUBLIN REPORT: Iseq: 2,715.62 (–60.12) Settlement date: November 15thThu Nov 11 2010 - 00:00
Tullow to take secondary listing in GhanaEXPLORATION GROUP Tullow will issue about €58 million worth of new shares – at yesterday’s prices – in order to take a secondary…Thu Nov 11 2010 - 00:00
DCC has capacity to spend up to €500m on acquisitionsDISTRIBUTION AND services business, DCC, has the capacity to spend up to €500 million on acquisitions over the next three years…Wed Nov 10 2010 - 00:00
CRH spends €126m to build stake in Bauking to 98%BUILDING MATERIALS giant CRH is spending €126 million on increasing its stake in German distributor Bauking to 98 per cent.Wed Nov 10 2010 - 00:00
AIB relocating US office in ManhattanAIB, THE bank into which taxpayers have sunk €3Tue Nov 09 2010 - 00:00
McInerney under court protection for another monthTROUBLED BUILDING group McInerney Homes will remain under the High Court’s protection from its creditors, including a three-bank…Tue Nov 09 2010 - 00:00
Value of McInerney assets down by a third, court hearsTHE VALUE of McInerney Homes’ properties has fallen sharply since it first sought High Court protection from its creditors last…Sat Nov 06 2010 - 00:00
Water scheme in limbo after Pierse liquidationA €48 million taxpayer-funded construction project has been left in limbo by the liquidation of building group, Pierse, which…Sat Nov 06 2010 - 00:00
Investment broker sues Sheehan hospital firmA BROKER involved in a €90 million private hospital development recently completed by a company backed by Blackrock Clinic co…Thu Nov 04 2010 - 00:00
Tedcastles succeed in action against Sweeney firmsTHE HIGH Court yesterday ordered service stations owned by businessman John Sweeney to continue to take their supplies from Tedcastles…Thu Nov 04 2010 - 00:00
Nama loaned developers €47m to finish projectsNATIONAL ASSET MANAGEMENT AGENCY REPORT: NAMA LOANED an extra €47 million to developers earlier this year, even though many …Wed Nov 03 2010 - 00:00
McInerney examiner may ask court for 30-day extension to secure rescueTHE EXAMINER to troubled housebuilder McInerney is likely to ask the High Court for a further 30 days to prepare a rescue plan…Tue Nov 02 2010 - 00:00
Judges get tough on examinership hopefulsEXAMINERSHIPS SEEM to be getting a bad name in some quartersMon Nov 01 2010 - 00:00
Chartbusters closes with loss of 87 jobsDVD RENTAL chain Chartbusters confirmed yesterday it is set to be wound up, with the loss of 87 jobs.Sat Oct 30 2010 - 01:00
US group may take Maybourne hotels stakeA US private equity company has emerged as a possible bidder for a stake in Maybourne, the London hotel company at the centre…Sat Oct 30 2010 - 01:00
Treasury Holdings vehicle REO relies on Nama and creditors to stay solventREAL ESTATE Opportunities (REO), the listed property investor backed by Treasury Holdings, is relying on the support of the National…Sat Oct 30 2010 - 01:00
Chartbusters set to appoint liquidatorTHE FUTURE of DVD rental chain Chartbusters hangs in the balance just 18 months after the High Court approved a rescue plan for…Fri Oct 29 2010 - 01:00
Profits boost of 6% at First DerivativesFIRST-HALF PROFITS at the financial markets software and consultancy firm headed by this year’s Entrepreneur of the Year winner…Thu Oct 28 2010 - 01:00
Profits as Green Plains up 35%PROFITS AT Green Plains Renewable Energy, the US bio-diesel subsidiary of Irish utility NTR, grew over 35 per cent to $7Wed Oct 27 2010 - 01:00
Providence gets licence to drill off North coastEXPLORATION GROUP Providence Resources plans to search for oil and gas on Rathlin Island, off the northeast coast after being…Wed Oct 27 2010 - 01:00
Builders want stamp duty scrapped and more investment in infrastructureBUILDERS WANT the Government to eliminate stamp duty and commit to infrastructure spending in December’s budget to aid their …Wed Oct 27 2010 - 01:00
ESB staff told Ministers' inaction leaves shares in limboEFFORTS BY ESB workers to value and distribute part of their stake in the State-owned energy company are in limbo because Government…Fri Oct 22 2010 - 01:00
€7bn 'about right' for 2011 taxpayer interest burdenTHE REPUBLIC faces an interest bill of about €7 billion on its national debt next year, a senior Department of Finance official…Fri Oct 22 2010 - 01:00
Final Anglo loans to go into NamaThe remaining €19 billion worth of property loans given by Anglo Irish Bank are due to transfer to Nama over the next two weeks…Thu Oct 21 2010 - 01:00
Iseq slide tracks dip in values across EuropeDUBLIN REPORT: Iseq: 2,675.73 (–16Wed Oct 20 2010 - 01:00
Hotel parent writes off investmentTHE PARENT of the company that owns the Shelbourne Hotel has written off the value of an investment in the business as the directors…Wed Oct 20 2010 - 01:00
Iseq falls as CRH, Ryanair downDublin’s benchmark Iseq index finished 0.6 per cent down at 2,675Tue Oct 19 2010 - 01:00
Iseq falls as CRH, Ryanair downIseq: Dublin’s benchmark Iseq index finished 0.6 per cent down at 2,675Tue Oct 19 2010 - 01:00
Cross-border partnership innovation in healthcareCROSS-BORDER trade body Intertrade Ireland and healthcare business association Biobusiness are developing a network across academics…Mon Oct 11 2010 - 01:00
Building industry decline acceleratesTHE BUILDING industry’s decline accelerated last month, dashing hopes that the recession in the sector was about to ease.Mon Oct 11 2010 - 01:00
ECB tightens rules that govern its lending to banksTHE EUROPEAN Central Bank (ECB) has given itself increased power to limit individual banks’ borrowing from its lending operations…Mon Oct 11 2010 - 01:00
Kenmare shares fall after mining incidentKENMARE RESOURCES has stopped production at its Mozambique titanium mine after an incident there flooded part of a nearby village…Sat Oct 09 2010 - 01:00
Former SWS executives to run green energy group's Irish unitFORMER EXECUTIVES from green energy operator SWS are to head up an Irish subsidiary of Element Power, a global group backed by…Fri Oct 08 2010 - 01:00
Sisk wins lucrative projects in BritainBUILDING AND civil engineering group Sisk is beginning work on about €300 million worth of projects in Britain, including an …Fri Oct 08 2010 - 01:00
Delta Index back in green following €630,000 lossFINANCIAL spread-betting operation Delta Index says it has returned to profit in the first half of the year for the first time…Wed Oct 06 2010 - 01:00
Cork hospital raises €7m from private sourcesTHE OPERATOR of a private hospital due to open next week has raised about €7 million of the total €90 million investment from…Wed Oct 06 2010 - 01:00
Fitch downgrades CRH credit rating over long-term debt default riskINTERNATIONAL RATINGS agency Fitch said yesterday that there was an increased risk that building materials group CRH could default…Wed Oct 06 2010 - 01:00
Nama to get say in McInerney court battleSTATE ASSETS agency Nama is likely to have a direct say in efforts to rescue troubled house builder McInerney Homes when the …Tue Oct 05 2010 - 01:00
Goffs to sell stake in French operation over €5.7m bad debts on sold horsesBLOODSTOCK AGENCY Goffs was owed almost €6 million at the end of its last financial year by customers who bought racehorses at…Sat Oct 02 2010 - 01:00
Ardagh Glass raises €1.7bn to fund Impress dealARDAGH GLASS has borrowed close to €1Sat Oct 02 2010 - 01:00
Taxpayer facing €50bn bill for saving banking systemTWO YEARS after the Government first stepped in to guarantee the Republic’s banks’ liabilities to lenders and deposit holders…Fri Oct 01 2010 - 01:00
UK governance rules for listed firmsLISTED COMPANIES will have to adopt the new UK Corporate Governance Code from today, under new rules published by the Irish Stock…Fri Oct 01 2010 - 01:00
Soden among Central Bank nomineesFORMER BANKER Michael Soden, trade unionist Des Geraghty and economist Prof John FitzGerald are to join the new Central Bank …Thu Sept 30 2010 - 01:00
€3.5m paid to 13,000 after collapse of travel firmsTHE AVIATION industry’s watchdog had to hire extra staff to deal with the fallout from the number of travel business failures…Wed Sept 29 2010 - 01:00
Coillte and ESB to develop wind farmTWO STATE companies are joining forces to develop a €50 million wind farm in Wicklow.Wed Sept 29 2010 - 01:00
Pepe blames high rents as six jeans stores and 36 jobs to goA WELL-KNOWN fashion franchise is planning to shut up shop with the loss of more than 30 jobsTue Sept 28 2010 - 01:00
Providence shares rise on prospect of gas findTHE SHARE price of Providence Resources rose by over 9 per cent yesterday after the company said it had identified a possible…Sat Sept 25 2010 - 01:00
