Ireland has lowest inflation rate in EU, figures showTHE ECONOMY’s rapid swing from inflation to deflation continued in March, with the Consumer Price Index (CPI) falling 2Fri Apr 10 2009 - 01:00
Mixed response to message of good still in economy“NO BAILOUTS required” was Minister for Finance Brian Lenihan’s message to the global financial markets yesterday, in a bid to…Thu Apr 09 2009 - 01:00
Third-level pension fund plan mootedTHE GOVERNMENT could transfer the pension fund assets of universities and third-level colleges to the exchequer tomorrow in a…Mon Apr 06 2009 - 01:00
Asking prices for houses and flats fall 4.2% in first quarterASKING PRICES for houses and apartments fell 4Mon Apr 06 2009 - 01:00
GT Energy appoints two new directorsGT ENERGY, an Irish company specialising in the extraction of hot water from deep below the earth’s surface, has appointed former…Mon Apr 06 2009 - 01:00
Mannion resigns as head of Aer LingusDERMOT MANNION has resigned from his position as chief executive of Aer Lingus with immediate effect.Mon Apr 06 2009 - 01:00
'Credible' plan would broaden tax baseA “CREDIBLE, multi-year” plan to tackle the deficit in public finances and support the economy should include the broadening …Fri Apr 03 2009 - 01:00
Government cuts 2009 economic projection by €5bnTHE DETERIORATION in the economy since the start of the year has wiped a further €5 billion from the economic projections made…Fri Apr 03 2009 - 01:00
Calls for action plan as unemployment rate increases to 11%THE GOVERNMENT was urged to implement an action plan to ease the jobs crisis yesterday as new figures showed that the rate of…Thu Apr 02 2009 - 01:00
Redundancies hit highest ever monthly levelREDUNDANCIES SURGED to their highest ever monthly level in March, as 7,802 workers became eligible for the Department of Enterprise…Thu Apr 02 2009 - 01:00
Ireland is downgraded by leading credit rating agencyIRELAND HAS lost its prized “AAA” credit rating from ratings agency Standard & Poor’s, which yesterday downgraded its outlook…Tue Mar 31 2009 - 01:00
GDP drops 7.5% as economy weakensSHARP DROPS in consumer spending, capital investment, construction activity and industrial output led to a 7Fri Mar 27 2009 - 00:00
Upward-only rent reviews must end, says TDTHE PROBLEMS caused by upward-only rent reviews imposed on retailers should be examined as part of an attempt to improve competitiveness…Wed Mar 25 2009 - 00:00
2009 will be 'disastrous' for drinks industry, says reportIRELAND’S LOVE affair with alcohol waned in 2008, with 2009 shaping up to be a “disastrous” year for the industry, according …Tue Mar 24 2009 - 00:00
Supermarkets' power to resist supplier price rises vindicatedANALYSIS: The High Court has rejected the view that supermarkets are at the mercy of suppliersFri Mar 20 2009 - 00:00
Reox Holdings removes chief executive and axes positionREOX HOLDINGS, the owner of Breeo Foods, has removed its chief executive Jerry Henchy and axed the position.Thu Mar 19 2009 - 00:00
Ryanair pilots vote in favour of pay freeze and increase in productivityRYANAIR PILOTS have voted in favour of a 12-month pay freeze with a productivity increase to avoid a proposed 10 per cent cut…Wed Mar 18 2009 - 00:00
Unemployment to reach 12%, says NIBUNEMPLOYMENT WILL average at 12 per cent in 2009, while exports will decline by a “dramatic” 6 per cent this year, according …Wed Mar 18 2009 - 00:00
CryptoLogic signs film game deal with ParamountINTERNET CASINO and gaming software company CryptoLogic has signed a deal with Paramount Digital Entertainment that will give…Wed Mar 18 2009 - 00:00
No repeat of 'St Patrick's massacre' in quiet tradingDUBLIN REPORT: Iseq: 2,084.71 (-10Wed Mar 18 2009 - 00:00
S&P downgrades Irish banking system againTHE ANGLO Irish Bank directors’ loans affair has prompted credit ratings agency Standard&Poor’s (S&P) to downgrade the…Tue Mar 17 2009 - 00:00
No repeat of St Patrick's Day Massacre on marketsThe anniversary of the plunge in banking stocks dubbed the “St Patrick’s Day Massacre” by traders was a quiet affair on the Dublin…Tue Mar 17 2009 - 00:00
KPMG to cut 75 managerial jobsACCOUNTANCY FIRM KPMG is cutting 75 managerial jobs as part of the 200 redundancies it announced a fortnight ago.Tue Mar 17 2009 - 00:00
Irish Times Ltd seeks pay cuts as ad revenue fallsTHE IRISH Times Ltd is seeking pay cuts from staff after management forecast a €20 million drop in advertising revenue in 2009…Sat Mar 14 2009 - 00:00
Deflation of 1.7% driven by interest, rent and clothingPRICES FELL by 1.7 per cent in the year to February as interest rate cuts, falling rents and a record decline in clothing and…Fri Mar 13 2009 - 00:00
Rolls with the punchesTHE FRIDAY INTERVIEW/Owen Killian, chief executive of Aryzta: ARYZTA’S investor roadshow has taken Owen Killian through several…Fri Mar 13 2009 - 00:00
Deloitte to seek 70 voluntary job cutsACCOUNTANCY FIRM Deloitte is to seek 70 voluntary redundancies, mostly from recently qualified staff, and pay cuts of up to 10…Thu Mar 12 2009 - 00:00
Agri firm Origin bucks trend with pretax profits of €17.1mORIGIN ENTERPRISES, the agribusiness company that is 71 per cent owned by food group Aryzta, has reported a 17Tue Mar 10 2009 - 00:00
Aryzta pretax profit up 16.6% to €110mBAKERY GROUP Aryzta has defied the recession by announcing a 16Tue Mar 10 2009 - 00:00
Fitch places Ireland's debt rating on negative watchRATINGS AGENCY Fitch said yesterday that Ireland was at risk of losing its “AAA” debt rating – the highest available – because…Sat Mar 07 2009 - 00:00
Elan and CRH sustain heavy losses as Iseq's woes continueDUBLIN REPORT: Iseq: 1,949.63 (-69Sat Mar 07 2009 - 00:00
CRH leads Iseq into negative territoryThe Iseq index of Irish shares underperformed other European indices today, falling 3Fri Mar 06 2009 - 00:00
ECB increasingly likely to cut rates to 1%, economists predictINTEREST RATES in the euro zone are increasingly likely to be lowered to 1 per cent by the middle of the year, economists predicted…Fri Mar 06 2009 - 00:00
ECB's options narrow in bid to rescue euro zone economyQuantitative easing is one of the options that could stabilise European bankingFri Mar 06 2009 - 00:00
Hard year ahead as Glanbia expects customer fall-offDAIRY GROUP Glanbia warned that 2009 would be a tough year for the business after global demand for dairy products “weakened …Thu Mar 05 2009 - 00:00
Number of jobless passes 10% markUNEMPLOYMENT RATE: IRELAND’S UNEMPLOYMENT rate passed the 10 per cent mark in February, with economists forecasting that the…Thu Mar 05 2009 - 00:00
Tax revenue in February down €1.8bn on 2008EXCHEQUER RETURNS: TAX REVENUES are “under pressure” and were lower than anticipated in February, the Government said yesterday…Wed Mar 04 2009 - 00:00
Cider market goes sour for C&C's two brandsCIDER MAKER C&C has said its revenues will fall by 13 per cent in its current financial year, with both Bulmers and its equivalent…Wed Mar 04 2009 - 00:00
Inflation in euro zone close to lowest rate since 1999INFLATION IN Europe remained close to its lowest rate since 1999 in February, setting the scene for a historic cut in euro zone…Tue Mar 03 2009 - 00:00
Exchequer returns show tax revenues under pressureTax revenues are "under pressure," the Government admitted this afternoon, as it published what it said were "disappointing" …Tue Mar 03 2009 - 00:00
Financial watchdog requests further resourcesTHE FINANCIAL Regulator has asked the Government for more resources for its prudential supervision function, which it has recommended…Mon Mar 02 2009 - 00:00
Employment Bill changes urgedEMPLOYERS GROUP Ibec has repeated calls for “substantial changes” to the Employment Law Compliance Bill, which is at the second…Mon Mar 02 2009 - 00:00
Lending to private sector higher in JanuaryLENDING TO the private sector picked up in January, with residential mortgages recording unseasonable growth compared to the …Sat Feb 28 2009 - 00:00
CRH shores up Iseq on torrid day for marketsDUBLIN MARKET: Iseq: 2,074.32 (+24Sat Feb 28 2009 - 00:00
Hard decisions now facing Ireland, says Trichet“HARD DECISIONS” will have to be taken to overcome the “severe challenges” facing the Irish economy, the president of the European…Fri Feb 27 2009 - 00:00
Irish economy faces severe challenges, says Trichet"Hard decisions" will have to be taken to overcome the "severe challenges" facing the Irish economy, the president of the European…Thu Feb 26 2009 - 00:00
Markets nervous over future of banking sectorThe Iseq index of Irish shares fell 1Mon Feb 23 2009 - 00:00
