Ratings agency issues 'negative' outlook on mortgage paymentsTHE NUMBER of Irish homeowners falling behind on their mortgage payments is likely to continue growing this year, according to…Wed Apr 28 2010 - 01:00
Digicel may face court battle over €28m legal costsCARIBBEAN TELECOMS operator Cable Wireless Communications may pursue Denis O’Brien’s Digicel for €28Fri Apr 16 2010 - 01:00
Quinn hires experts in devising rescue dealsQUINN GROUP has drafted in experts who specialise in rescue deals for debt-laden banks, utilities and other businesses, to help…Wed Apr 14 2010 - 01:00
Rate of decline in building slows in MarchTHE BUILDING industry’s decline continued last month, although the slump did show some signs of easing, according to a survey…Mon Apr 12 2010 - 01:00
Juncker insists Greek bailout deal does not breach EU treaty clauseTHE RESCUE deal for Greece agreed by euro-zone finance ministers will not breach the European treaties’ “no bailout” clause, …Mon Apr 12 2010 - 01:00
Providence Resources to begin test-drilling for oil off Dalkey IslandEXPLORATION GROUP Providence Resources is set to begin drilling for oil off Dalkey Island in Co Dublin.Fri Apr 09 2010 - 01:00
McInerney chief may bid for its Spanish businessMcINERNEY HOLDINGS managing director Barry O’Connor looks set to bid for the ailing housebuilder’s Spanish business, as part …Fri Apr 09 2010 - 01:00
Beacon's US owner to give hospital extra €10mTHE US-based owner of the Beacon Hospital will provide the facility with an extra €10 million in working capital to fund its …Thu Apr 08 2010 - 01:00
Wind may help determine future electricity pricesTHE WIND is set to play a key role in determining the price of electricity after 2020 if both the Republic and Northern Ireland…Thu Apr 08 2010 - 01:00
CRH chief Myles Lee paid €2.45m in first yearCRH CHIEF executive Myles Lee was paid a total of €2Wed Apr 07 2010 - 01:00
Licensing system for online betting urgedBOOKMAKERS YESTERDAY told an Oireachtas committee that a licensing system rather than a turnover tax could offer a means of capturing…Thu Apr 01 2010 - 01:00
McInerney closer to agreeing new debt termsTROUBLED HOUSE-BUILDER McInerney has moved a step closer to agreeing new terms for its €242 million debt, but the company said…Wed Mar 31 2010 - 01:00
Petroceltic to raise €90m in placingOIL AND gas exploration company Petroceltic plans to raise about €90 million from new and existing backers to pay for a drilling…Tue Mar 30 2010 - 01:00
Senior managers over-rode policies in 'loose culture'FINANCIAL CONTROLS: A REVIEW of the financial controls operated by the Dublin Docklands Development Authority (DDDA) found a…Fri Mar 26 2010 - 00:00
Taxpayer could face multimillion-euro billUNLIMITED GUARANTEES: THE TAXPAYER is facing a bill of potentially hundreds of millions of euro for the now worthless Irish …Fri Mar 26 2010 - 00:00
IDA concern on job lossesMULTINATIONAL EMPLOYERS will shed jobs as the recession continues and individual industries consolidate, IDA Ireland chief Barry…Wed Mar 24 2010 - 00:00
EBS likely to raise mortgage rates by another 0.6%BUILDING SOCIETY EBS is likely to increase mortgage rates for a second time before the end of the year, according to its chief…Wed Mar 24 2010 - 00:00
More mortgages in arrears - Moody'sTHE NUMBER of Irish people who have fallen behind on their mortgage repayments may have come close to doubling in the 12 months…Wed Mar 24 2010 - 00:00
Kentz profits grow almost 10% to €33mPROFITS AT engineering and construction group Kentz grew almost 10 per cent last year to €33 million, the company said yesterday…Tue Mar 23 2010 - 00:00
Shell seeks tenders for onshore pipeline to service gas fieldOIL EXPLORATION company Shell is seeking tenders for the design and construction of an underground onshore pipeline to service…Fri Mar 12 2010 - 00:00
Merger watchdog allows Greenstar purchase of Veolia waste businessTHE STATE’S mergers and monopolies watchdog yesterday gave the go-ahead to utility group NTR’s Greenstar subsidiary to buy one…Fri Mar 12 2010 - 00:00
EMI records 14% fall in pretax profits to €3.9mFALLING CD sales and piracy left profits trailing by 14 per cent at music group, EMI’s Irish subsidiary last year, the latest…Fri Mar 12 2010 - 00:00
CREO's investments fell 14% last yearTHE VALUE of Treasury Holdings-backed China Real Estate Opportunities’ (CREO) property investments fell 14 per cent to €925 million…Tue Mar 09 2010 - 00:00
Kenmare Resources to target €200m mine injectionKENMARE RESOURCES intends to raise almost €200 million to boost production at its African titanium mine in anticipation of growing…Sat Mar 06 2010 - 00:00
Grafton profits slide 77% to €13mPROFITS AT the owner of the Woodies and Atlantic Homecare DIY chains fell 77 per cent to €13 million last year as the recession…Fri Mar 05 2010 - 00:00
Motor, house insurance to rise, says FBDMOTORISTS AND property owners are facing hikes in their insurance costs over the coming year, according to the Republic’s second…Thu Mar 04 2010 - 00:00
Pretax profit down 15% at Paddy PowerTHE UNBEATEN run of champion racehorse Sea the Stars and a series of wins for popular English premiership football teams in the…Wed Mar 03 2010 - 00:00
Construction downturn halves profits at CRHA CONTINUED fall in residential and commercial construction across its main markets last year more than halved profits at building…Wed Mar 03 2010 - 00:00
Savings allow group to keep cash flowingANALYSIS: CRH CHIEF executive Myles Lee pointed out yesterday that the building materials group is now facing into the fourth…Wed Mar 03 2010 - 00:00
Kingspan plans to acquire at least one rival, says CEOINSULATION AND energy conservation specialist Kingspan is likely to acquire at least one rival over the coming year, according…Tue Mar 02 2010 - 00:00
William Hill waits for details on State's gambling reformBOOKMAKER William Hill will wait for Government proposals on reforming gambling legislation before deciding the future of its…Sat Feb 27 2010 - 00:00
SIAC letting go 55 staff from structural steel firm in LaoisBUILDING AND engineering group SIAC is letting go 55 workers from its structural steel businessSat Feb 27 2010 - 00:00
ESB raises €300m through bond issueSTATE-OWNED energy company the ESB has borrowed just over €300 million through the sale of sterling bonds.Sat Feb 27 2010 - 00:00
Aer Lingus 'cannot be moved' out of hangarAER LINGUS cannot be moved from the Dublin airport hangar that its rival Ryanair has been seeking as a precondition of creating…Thu Feb 25 2010 - 00:00
Kerry rises 2.24% while B of I and AIB stocks tumbleDUBLIN REPORT: Iseq: 2,950.31 (–23.67) Settlement date: February 26thWed Feb 24 2010 - 00:00
Heineken's Irish sales down 6.8%IRISH PEOPLE drank less beer as the recession bit deeper last year, cutting sales and profits at multi-national brewer Heineken…Wed Feb 24 2010 - 00:00
Bookie gaming machines face banGOVERNMENT recommendations to reform the Republic’s gambling laws will ban the introduction of gaming machines in bookmakers’ …Wed Feb 24 2010 - 00:00
Online and phone betting worth €800m annuallyTHE TOTAL value of the Irish online and telephone betting market is just under €800 million annually, according to an industry…Fri Feb 19 2010 - 00:00
Varleigh has €59m asset but owes banks €63mTHE LATEST figures for Varleigh, the property company whose backers include developer Bernard McNamara and public relations adviser…Thu Feb 18 2010 - 00:00
Axa sells €393m stake in owners of PunchTHE BIGGEST shareholder in the group that owns Cork homecare products business Punch Industries has sold its stake in a near €…Thu Feb 18 2010 - 00:00
IN&M likely to extend deadline for deal on sale of London titlesINDEPENDENT NEWS & Media (IN&M) is likely to extend the deadline for the end of talks on the sale of its London Independent…Mon Feb 15 2010 - 00:00
DAA answers Ryanair with news of 250 jobs in aircraft maintenanceTWO COMPANIES will employ 250 people in aircraft maintenance at Dublin airport, the agency responsible for the facility said …Mon Feb 15 2010 - 00:00
Firms wait 11 weeks for payment - surveyBUSINESSES HAVE to wait almost 11 weeks for customers to pay them, according to a survey due for release today.Mon Feb 15 2010 - 00:00
Paddy Power boosts shareholding in online Australian betting firm to 60%LISTED BOOKIE Paddy Power has increased its shareholding in Australian player Sportsbet by buying out a minority shareholder …Sat Feb 13 2010 - 00:00
Council gives Dunne permission to build offices on Hume House siteDUBLIN CITY Council has given developer Séan Dunne the green light to rebuild Hume House, one of a number of high-profile Ballsbridge…Sat Feb 13 2010 - 00:00
Banks take majority stake in Dunne's Ballsbridge hotelsTHE BANKS behind developer Seán Dunne’s €375 million purchase of the Jurys and Berkeley Court hotels in Ballsbridge, Dublin, …Fri Feb 12 2010 - 00:00
Sisk closes €28m healthcare firm dealSISK GROUP has boosted its presence in healthcare through the purchase of a global design and manufacturing business in a deal…Fri Feb 12 2010 - 00:00
Firm to create 100 jobs in DublinBUSINESS INFORMATION and risk specialist Dun & Bradstreet (DB) will create 100 jobs in the Republic over the next 18 months…Wed Feb 10 2010 - 00:00
Management shake-up as ESB executives leaveSTATE ENERGY company, the ESB, is facing a number of management changes following the news that two executives are leaving the…Tue Feb 09 2010 - 00:00
Treasury Holdings-backed Creo may list on Singapore exchangeTREASURY HOLDINGS-backed property investor China Real Estate Opportunities (Creo) is considering taking a listing on Singapore…Sat Feb 06 2010 - 00:00
