Seven firms a day going under as insolvencies riseAN AVERAGE of seven companies went under every day between October 1st and 25th as the recession continued to bite, according…Mon Oct 29 2012 - 00:00
Ulster Bank Diageo fund invests €27m in 12 Irish firmsTHE ULSTER Bank Diageo Venture Fund has invested €27 million to date in 12 Irish companies.Mon Oct 29 2012 - 00:00
Derry role for Temple Bar trust chiefTEMPLE BAR Cultural Trust chief executive Dermot McLaughlin is taking up a key role in the Derry City of Culture organisation…Sat Oct 27 2012 - 01:00
Losses accelerate by one-third at Fiat to reach €6m in 2011LOSSES AT motor distributor Fiat increased by a third to €6 million last year, the latest figures show.Sat Oct 27 2012 - 01:00
ESB delays plan to borrow €150mPROPOSED PENSION fund rules have forced the ESB to hold off on plans to borrow €150 million from the capital markets.Sat Oct 27 2012 - 01:00
Shares rise on positive economic signsEUROPEAN STOCKS advanced for the second consecutive day yesterday on the back of good earnings from heavyweights such as Unilever…Fri Oct 26 2012 - 01:00
Electricity price may rise 9% in peak monthsBUSINESSES AND consumers could face further electricity price rises of up to 9 per cent under a proposal being considered by …Fri Oct 26 2012 - 01:00
Aer Lingus dispute may cause disruptionsAER LINGUS passengers could face disruption in coming weeks after talks aimed at finding a solution to the €748 million hole …Fri Oct 26 2012 - 01:00
Rival contests ESB link to Britain planESB’S PLAN to build a telecoms link between Ireland and Britain faces a court challenge from a rival which claims that the State…Thu Oct 25 2012 - 01:00
High Court to rule on Bus Éireann school schemeTHE HIGH Court will rule today on the future of the €160 million a year school transport scheme operated by State company Bus…Tue Oct 23 2012 - 01:00
Judge who heard CRH cases 'held shares in firm'A JUDGE who has heard a series of competition law cases involving CRH had shares in the building materials group, the High Court…Tue Oct 23 2012 - 01:00
Self-belief puts opponents on the ropesIrish Boxing’s head coach Billy Walsh’s philosophy that ‘you can only achieve what you believe’ delivered four medals at London…Fri Oct 19 2012 - 01:00
Finavera director resigns over potential conflictFINAVERA DIRECTOR Ian Harvey has resigned over a conflict of interests with a potential buyer for the Irish-Canadian wind energy…Fri Oct 12 2012 - 01:00
Iseq bucks positive trend in EuropeSTOCKS ADVANCED yesterday on news that US jobless claims fell 30,000 to 339,000, their lowest level in four years.Fri Oct 12 2012 - 01:00
Builders McCann Brothers cease tradingBUILDING CONTRACTOR McCann Brothers has ceased trading, leaving €620,000 in unpaid bills and 160 jobs hanging in the balance …Thu Oct 11 2012 - 01:00
State geologist questions fracking firm's dataTHE QUALITY of the data used by exploration group Tamboran Resources to determine the natural gas reserves in the Lough Allen…Thu Oct 11 2012 - 01:00
Debts finally come home to roost for CullenBILL CULLEN’s 2001 autobiography, It’s a Long Way from Penny Apples, tells his story as the ultimate rags-to-riches yarn.Wed Oct 10 2012 - 01:00
CIÉ appeals for delay on publication of accountsSTATE-OWNED public transport group CIÉ wants to delay publication of its 2011 accounts until next year while it deals with the…Tue Oct 09 2012 - 01:00
Fleetmatics raises $125m in NYSE flotationIRISH-BASED SOFTWARE business Fleetmatics raised $125 million when it floated on the New York Stock Exchange yesterday after …Sat Oct 06 2012 - 01:00
Abbey to remain a public company, says chairmanHousebuilder Abbey is happy to remain as a publicly quoted company for the foreseeable future, according to its chairman, Charles…Sat Oct 06 2012 - 01:00
Wind energy could provide 30,000 new jobs by 2020, claims lobby groupWIND ENERGY could create 30,000 new jobs by 2020, according to an industry lobby group, which yesterday called on State agencies…Fri Oct 05 2012 - 01:00
Encouraging signs at Goffs sale that bloodstock industry may finally be getting back on trackWITHIN 40 minutes of the kick-off of its most important sale on Wednesday morning, bloodstock auctioneer, Goffs looked to have…Fri Oct 05 2012 - 01:00
Stocks edge up on strong retail salesMARKETS PUT in a mixed performance yesterday as unexpectedly strong retail sales figures and good employment data from the US…Thu Oct 04 2012 - 01:00
Gaelectric to raise €60m for Irish developmentsWIND ENERGY group Gaelectric is raising €60 million from capital markets to fund a series of proposed developments in Ireland…Thu Oct 04 2012 - 01:00
Eason set to abandon purchase of rival due to regulator's moveBOOKSELLER EASON looks set to abandon its purchase of rival Argosy after the Competition Authority shot down the deal yesterday…Tue Oct 02 2012 - 01:00
JJB Sports' Irish shops and gyms on marketTHE IRISH division of the troubled JJB Sports chain is on the block following the appointment of a provisional liquidator yesterday…Tue Oct 02 2012 - 01:00
New management at Quinn Group manufacturing cuts debt by €800mTHE NEW management of the Quinn Group’s manufacturing businesses has reduced its debts by €800 million to €475 million, its chief…Fri Sept 28 2012 - 01:00
US firm in €140m Smurfit share saleONE OF packaging group Smurfit Kappa’s biggest shareholders yesterday sold half its stake in the business for €140 million…Thu Sept 27 2012 - 01:00
Values fall in Europe over debt reliefSTOCKS FELL across Europe yesterday after Germany, Finland and the Netherlands said that EU states such as the Republic and Spain…Thu Sept 27 2012 - 01:00
Firms 'need to be seen to penalise' corruptionIRISH BUSINESSES need to be seen to penalise employees for breaching internal guidelines on corruption and bribery, according…Wed Sept 26 2012 - 01:00
Smurfit to buy US-based rival for €260mINTERNATIONAL PACKAGING group Smurfit Kappa is set to buy a US-based rival for €260 million in a deal that will boost earnings…Tue Sept 25 2012 - 01:00
Carving out a new nicheFUTURE PROOF Brady Family Ham: Its deli products lead the premium market – now Brady Family Ham is hoping to repeat the success…Tue Sept 25 2012 - 01:00
Holfeld Plastics in talks over €16m debtHOLFELD PLASTICS is negotiating with its banks concerning its €16 million debt and hopes to raise €1Mon Sept 24 2012 - 01:00
Nama paid €3.5m from receiver's sale of land to UCCSTATE AGENCY Nama has been paid €3Mon Sept 24 2012 - 01:00
Warning against tax increasesIreland’s biggest accountancy body says any further increase in income taxes in December’s budget will stifle economic growth…Mon Sept 24 2012 - 01:00
Cross-Border trade positionFormer Swansea Cork Ferries chief Thomas Hunter McGowan is taking the helm at cross- Border body Intertrade Ireland.Mon Sept 24 2012 - 01:00
Bus Éireann sues executive of rival company for libelSTATE-OWNED Bus Éireann is taking a libel case against one of the executives of the company that is challenging its right to …Sat Sept 22 2012 - 01:00
High-level shake-up at TamboranFORMER ISLAND Oil Gas executive Karl Prenderville has become one of two regional directors at Tamboran.Sat Sept 22 2012 - 01:00
BAM seeking to recruit 100 people for building projects here and abroadBUILDING contractor BAM is seeking to recruit 100 people from Ireland to work on projects here and in locations such as Jordan…Fri Sept 21 2012 - 01:00
Wife of former Nama official facing lawsuit resigns postALICE KRAMER, wife of the former Nama executive who is facing a criminal investigation for allegedly taking confidential information…Fri Sept 21 2012 - 01:00
Cork group bids for Fota resortA CORK-BASED consortium is bidding to buy Fota Island resort in CorkThu Sept 20 2012 - 01:00
Markets lose faith in ECB, Fed movesEUROPEAN markets retreated yesterday as investors decided that the rallies sparked by initiatives from the European Central Bank…Wed Sept 19 2012 - 01:00
Smurfit Kappa bond issue to raise €250mINTERNATIONAL PACKAGING group Smurfit Kappa is preparing to refinance a further €250 million with a fresh bond issue yesterday…Wed Sept 19 2012 - 01:00
Ex-head of building group sues over dismissalTHE FORMER managing director of building group McInerney Holdings, Barry O’Connor, is suing the company for unfair dismissal…Wed Sept 19 2012 - 01:00
Bord na Móna to lay off over 100STATE-OWNED Bord na Móna is laying off more than 100 seasonal workers and putting a further 90 on short time as it struggles …Wed Sept 19 2012 - 01:00
Atlantic rescue plan approvedTHE RESCUE plan for DIY chain Atlantic Homecare, approved yesterday, includes a saving of between €4 million and €5 million on…Tue Sept 18 2012 - 01:00
Irish green energy firm may be dissolvedA GREEN energy company supported by Business Expansion Scheme investors’ money faces the prospect of being struck off and dissolved…Mon Sept 17 2012 - 01:00
NIB turns to head office for cost reductionDANISH-OWNED National Irish Bank (NIB) will turn its attention to its head office after completing a round of cuts that will …Sat Sept 15 2012 - 01:00
Global surge follows Fed bond-buyingLEADING EUROPEAN markets reached their highest point for six months after the US Federal Reserve announced it was going to buy…Sat Sept 15 2012 - 01:00
