Tenure began in another eraOUTGOING BANK of Ireland chief executive Brian Goggin acknowledged yesterday that it had been particularly difficult leading …Tue Jan 20 2009 - 00:00
Examinership may not lead to loans being automatically written downBANKS WILL not automatically have to write down the value of secured loans in cases where their clients have gone into examinership…Mon Jan 19 2009 - 00:00
Union 'cautiously optimistic' of home base for Waterford WedgwoodTRADE UNION representatives are “cautiously optimistic” that the company bidding for Waterford Wedgwood will maintain operations…Mon Jan 19 2009 - 00:00
Anglo's board and auditors criticised at egm Shareholders told FitzPatrick owed bank a total of €129m in 2007MANSION HOUSE EGM: DONAL O’CONNOR, the new chairman of Anglo Irish Bank, told shareholders at an extraordinary general meeting…Sat Jan 17 2009 - 00:00
Gaming firm to cut costs by $13mIRISH-BASED gambling and gaming software developer CryptoLogic expects profits this year to reach between $9 million (€6Fri Jan 16 2009 - 00:00
ECB cut fails to halt Iseq slideThe Irish market slipped again today as European markets continued their fall, but sustained less damage than its peers.Thu Jan 15 2009 - 00:00
Government to nationalise Anglo Irish BankThe Government is set to take full ownership of troubled Anglo Irish Bank to safeguard the troubled financial institution’s future…Thu Jan 15 2009 - 00:00
CRH pulls out of $540m deal after challenge by watchdogBUILDING MATERIALS giant CRH has pulled out of a $540 million (€410 million) purchase after the US monopolies watchdog halted…Thu Jan 15 2009 - 00:00
Waterford Crystal CEO latest board member to resignWATERFORD CRYSTAL chief executive John Foley became the latest boardroom casualty of the company’s current crisis when he resigned…Wed Jan 14 2009 - 00:00
Waterford unions to discuss pensions with StateUNION REPRESENTATIVES will discuss the pension crisis facing Waterford Wedgwood workers with the Government on Monday, ahead …Sat Jan 10 2009 - 00:00
Upgrade of plants to cost Endesa €450mSPANISH UTILITY Endesa plans to spend €450 million on upgrading two of the ESB power plants it agreed to buy last year.Fri Jan 09 2009 - 00:00
Bid for WaterfordA US investment fund that specialises in buying bankrupt and troubled companies is lining up a bid for luxury goods and crystal…Fri Jan 09 2009 - 00:00
10 potential buyers express interest in WaterfordMORE THAN 10 potential buyers are running the rule over troubled luxury goods group Waterford Wedgwood, whose main banker placed…Thu Jan 08 2009 - 00:00
Retention order for office blockDUBLIN CITY Council has given permission to developer Liam Carroll to retain an office block that the courts ruled was built …Thu Jan 08 2009 - 00:00
CRH warns 2009 will be 'extremely challenging'INVESTOR CONFIDENCE that building materials giant CRH is poised to benefit from government spending in the US sent its shares…Wed Jan 07 2009 - 00:00
Ryanair complains on payment deal at Aer LingusRYANAIR HAS asked the Irish Takeover Panel to investigate Aer Lingus’s agreement to pay its chief executive Dermot Mannion €2…Tue Jan 06 2009 - 00:00
Irish managers among the world's most pessimistic about business in the futureIRISH BUSINESS people’s confidence in the future has collapsed, along with the economy and asset values, a new survey shows. …Mon Jan 05 2009 - 00:00
Dunne admits he could be insolventTHE DEVELOPER behind one of the biggest property deals in the Republic's history has admitted that he could be considered insolvent…Mon Jan 05 2009 - 00:00
Hughes bookseller stacks up profits of over €½mAIRPORT AND shopping mall bookseller Hughes Hughes had profits of over €500,000 this year, the latest figures show.Sat Dec 27 2008 - 00:00
Rescue plan pushes bank shares up except AngloDUBLIN REPORT: Iseq: 2,372.52 (+3Tue Dec 23 2008 - 00:00
Speculation over future of Anglo as shares fall againBank recapitalisation: SPECULATION WAS growing about Anglo Irish Bank's future yesterday as the Government's proposal to inject…Tue Dec 23 2008 - 00:00
Government to invest in public projects to create jobsGENERATING EMPLOYMENT: THE GOVERNMENT plans to shift the focus of the National Development Plan (NDP) to projects that create…Fri Dec 19 2008 - 00:00
€500m fund for start-up business plannedVENTURE CAPITAL PLAN: THE GOVERNMENT plans to set up a series of investment funds for start-up companies worth a total of €500…Fri Dec 19 2008 - 00:00
Mixed welcome to plan from groups involved in businessBUSINESS REACTION : THE REACTION of business groups to the Government's economic plan was mixed yesterday, with some welcoming…Fri Dec 19 2008 - 00:00
Audiovisual sector worth €560m to economyFILM, TELEVISION and video production is worth almost €560 million to the economy and employs almost 7,000 people, according …Thu Dec 18 2008 - 00:00
Tullow moves up as overall market lags behind EuropeDUBLIN REPORT: Iseq: 2,472.76 (-38Wed Dec 17 2008 - 00:00
Sales of low-emission cars have doubled since new taxSALES OF cars which produce lower greenhouse gas emissions have more than doubled since new taxes came into force last July,according…Wed Dec 17 2008 - 00:00
Warning banks face €1bn writedownsA HIGH Court ruling in a recent examinership case could leave banks facing writedowns totalling more than €1 billion on loans…Wed Dec 17 2008 - 00:00
Aer Lingus rejects Ryanair's €748m bid for airlineRYANAIR CHIEF executive Michael O'Leary formally launched his company's €748 million bid for rival Aer Lingus yesterday claiming…Tue Dec 16 2008 - 00:00
Siac shows operating profit of €3.9m aided by joint venturesJOINT VENTURES on State-funded building projects helped construction and civil engineering group Siac stay in profit last year…Sat Dec 13 2008 - 00:00
Bigger tax breaks on way as €250m rolls in from film and TV projectsCLOSE TO €250 million will have been spent on film and TV production in the Republic by the end of this year, according to an…Fri Dec 12 2008 - 00:00
Greyhound body to save €2m without prize cutTHE STATE company responsible for running greyhound racing in the Republic plans to save €2 million next year, but pledged that…Fri Dec 12 2008 - 00:00
House building slump will keep construction at lowest in EuropeA CONTINUED plunge in house building will keep the Republic's construction industry at the bottom of the European league next…Wed Dec 10 2008 - 00:00
Energy company to develop 57mw wind farm in MacroomULSTER BANK is leading a €100 million fundraising drive for a wind farm that the developers say will provide electricity for …Wed Dec 10 2008 - 00:00
Tax breaks revised for multinational managers and Irish film investorsTHE GOVERNMENT plans to revive a controversial measure allowing multinational firms to pay workers outside the State and avoid…Tue Dec 09 2008 - 00:00
Aer Lingus soars 14% on Ryanair bid speculationDUBLIN REPORT: Iseq : 2,481.06 (-21Sat Dec 06 2008 - 00:00
Bord na Móna ends Veolia talksSTATE COMPANY Bord na Móna has walked away from talks to buy French waste manager Veolia’s Irish business.Sat Dec 06 2008 - 00:00
Beamish to close with loss of 120 jobsIRELAND'S OLDEST operating brewery is to close with the loss of about 120 jobs.Fri Dec 05 2008 - 00:00
Heineken to close historic Beamish & Crawford breweryIreland's oldest brewery is to close with the loss of around 120 jobsThu Dec 04 2008 - 00:00
Revenue investigations gather €24m in tax settlementsINVESTIGATIONS INTO offshore assets and single premium insurance investments accounted for a large number of the €24 million …Wed Dec 03 2008 - 00:00
Court backs pub loan dealACC BANK took a 30 per cent cut on a loan secured against a high-profile pub in a settlement backed by the High Court yesterday…Wed Dec 03 2008 - 00:00
Firm's €8.1m Revenue settlement is third biggestA BUILDING supplies company has paid the Revenue Commissioners more than €8 million in taxes, interest and penalties in a settlement…Wed Dec 03 2008 - 00:00
Cut promised in cost of electricityCONSUMERS and small business will make savings on their electricity bills from January while gas prices will not increase further…Tue Dec 02 2008 - 00:00
CRH spending €250m on Polish unitBUILDING MATERIALS giant CRH is spending €250 million on expanding its manufacturing facilities in Poland, according to its head…Fri Nov 28 2008 - 00:00
Energy network to heat 60,000 homesA SPIN-OFF of civil engineering firm Liffey Developments is spending €100 million on building a system that will use geothermal…Thu Nov 27 2008 - 00:00
Taggart bidders asked for last offerPOTENTIAL BUYERS are lining up their final bids for the properties owned by the joint venture between troubled Taggart Holdings…Thu Nov 27 2008 - 00:00
Examiner appointed to MasterchefsTHE HIGH Court has appointed accountancy firm KPMG as examiner to Masterchefs, the company that provides corporate catering at…Wed Nov 26 2008 - 00:00
Eircom credit union will not pay dividendEIRCOM'S STAFF credit union has written to members telling them it cannot pay a dividend this year because of losses sustained…Tue Nov 25 2008 - 00:00
Kentz receives orders worth over €170m since SeptemberENGINEERING AND instrumentation specialist Kentz has received new orders worth more than €170 million since September.Tue Nov 25 2008 - 00:00
McCreevy spells out opposition to EU proposal to consolidate corporate taxEU COMMISSIONER Charlie McCreevy says there is a consensus emerging on Brussels proposals to consolidate the union's corporate…Mon Nov 24 2008 - 00:00