Pfizer to acquire rival Wyeth for $68 billionPfizer is to acquire US rival Wyeth for about $68 billion the two companies have announced.Mon Jan 26 2009 - 00:00
750 jobs to go in First Active merger with Ulster BankThe Ulster Bank Group has announced 750 redundancies in Ireland and the ending of the former building society First Active brand…Mon Jan 26 2009 - 00:00
Ikea to open Dublin store on Monday July 27thIkea is to open its new superstore in Dublin on Monday July 27th, the company announced today.Fri Jan 23 2009 - 00:00
AIB and Bank of Ireland shares rise over 20%Shares in the State’s two main banks continued their strong performance this afternoon with AIB gaining almost 30 per cent and…Fri Jan 23 2009 - 00:00
Deposit security main concern for 43% of savers, survey findsSECURITY RATHER than the interest rate on offer is the priority for Irish-based savers in deciding where to put their money, …Fri Jan 23 2009 - 00:00
Stake in Polish bank not for sale, says AIBAIB HAS rejected as “mischievous” media reports in a Polish newspaper yesterday that it is considering a sale of its stake in…Thu Jan 22 2009 - 00:00
Manufacturing prices up 2.2% in year to DecemberPrices for goods leaving Irish-based factory gates increased 2Thu Jan 22 2009 - 00:00
AIB rejects 'mischievous' reports regarding Polish unitAIB has rejected as “mischievous” media reports in a Polish newspaper today that it is considering a sale of its stake in its…Wed Jan 21 2009 - 00:00
Share prices not indicative of banks' strength, says HurleyThe current share prices of AIB and Bank of Ireland “are not indicative” of the true health of these banks, the governor of the…Wed Jan 21 2009 - 00:00
Spanish firm wins NCT dealSPANISH MULTINATIONAL testing and services group Applus RTD has emerged as the winner of the new 10-year national car testing…Wed Jan 21 2009 - 00:00
Railway bridge delays cost Government millionsTHE STATE is paying out millions of euro in compensation to road contractors as a result of delays by Iarnród Éireann in approving…Wed Jan 21 2009 - 00:00
Dragon has $867m for investmentsDublin-listed oil and gas producer Dragon Oil has accumulated $867 million (€670million) in cash to fund investments and possible…Tue Jan 20 2009 - 00:00
Lenihan rules out nationalisation of AIB, BoIThe Government will ensure AIB and Bank of Ireland are not nationalised and will proceed with a planned recapitalisation, the…Tue Jan 20 2009 - 00:00
Anglo Irish directors step down, bank downgradedThe five remaining directors at Anglo Irish Bank have informed the bank’s chairman Donal O'Connor of their intention to step …Mon Jan 19 2009 - 00:00
Irish economy to be among worst performing in EUIreland is forecast to have the second weakest economic performance in the European Union this year and any recovery is likely…Mon Jan 19 2009 - 00:00
Most lenders to pass on 0.5% rate cut to customersMOST LENDERS have said that they will pass on in full to mortgage customers the interest rate cut announced yesterday by the …Fri Jan 16 2009 - 00:00
Lenihan says no option other than to nationalise Anglo IrishThe Government had “no option” other than to nationalise Anglo Irish Bank and will consider using the bank as a repository for…Fri Jan 16 2009 - 00:00
Ryanair won't raise Aer Lingus offer above €2Ryanair has indicated that it may increase its offer for Aer Lingus – subject to shareholder interest – but any new offer will…Fri Jan 16 2009 - 00:00
Inflation falls to 12-year low of 1.1% in DecemberThe annual rate of inflation dropped to a 12-year low of 1Thu Jan 15 2009 - 00:00
41% of architects set to lose their jobs - reportTwo out of every five architects will have lost their jobs during the 15-month period between January 2008 and March this year…Thu Jan 15 2009 - 00:00
Mortgage costs fall again as ECB cuts rates to 2 per centThe European Central Bank cut its benchmark interest rate by 50 basis points to 2 per cent this afternoon, matching its lowest…Thu Jan 15 2009 - 00:00
Fine Gael to oppose Anglo Irish recapitalisationFine Gael said this evening it will not back an emergency €1Wed Jan 14 2009 - 00:00
Zavvi closes 19 stores, including BlanchardstownMusic, games and DVD company Zavvi has decided to close another 19 stores, including its outlet at Blanchardstown, Dublin.Wed Jan 14 2009 - 00:00
Food firm's directors waive bonusesTHE EXECUTIVE directors of Greencore have waived their performance bonuses for 2008, the year the company discovered a €21 million…Tue Jan 13 2009 - 00:00
Glanbia forecasts 17% earnings rise for 2008Food group Glanbia expects adjusted earnings per share growth of about 17 per cent for 2008, in line with analysts’ estimates…Tue Jan 13 2009 - 00:00
Elan shares up, hires consultants for fundraisingShares in Elan rose by almost 12 per cent in early trade in Dublin on news that the company has hired Citigroup Global Markets…Tue Jan 13 2009 - 00:00
Unemployment doubles in 12 towns during 2008Twelve towns have seen the number of residents signing on for unemployment benefits double during 2008.Tue Jan 13 2009 - 00:00
Ormonde raises estimate for tungsten mine in SpainOrmonde Mining, the IEX-listed exploration group, has said its drilling programme in Spain has found the reserves could support…Mon Jan 12 2009 - 00:00
'Shock' as Gulf Air ends SR Technics contractTHE AIRCRAFT maintenance firm SR Technics has said one of its largest customers, Gulf Air, is terminating a maintenance contract…Sat Jan 10 2009 - 00:00
Standard & Poor's revises down outlook for Irish economyStandard & Poor’s has revised down its outlook on the Republic of Ireland to negative from stable and warned that it may …Fri Jan 09 2009 - 00:00
Dell pull-out may cut exports by 6%THE DECISION by Dell to move its European manufacturing to Poland could reduce the value of Irish exports by up to 6 per cent…Fri Jan 09 2009 - 00:00
Gulf Air cancels maintenance contract with SR TechnicsAircraft maintenance firm SR Technics has said one of its largest customers Gulf Air is terminating a maintenance contract.Fri Jan 09 2009 - 00:00
Unemployment rises to ten-year high of 8.3% in DecemberUnemployment rose to ten-year high of 8Fri Jan 09 2009 - 00:00
Regulator finds some mortgage brokers 'unaware of rules'An investigation by the Financial Regulator into allegations of a potential conflict of interest between mortgage brokers and…Thu Jan 08 2009 - 00:00
Tullow reports positive findings in Ghana drillingExploration company Tullow Oil said this morning its Mahogany-3 well off Ghana had found “light oil columns” confirming a “significant…Thu Jan 08 2009 - 00:00
Cheaper fuel, mortgages boost sentimentCONSUMER SENTIMENT ended 2008 on a relative high as sharp reductions in mortgage and fuel costs boosted household spending power…Thu Jan 08 2009 - 00:00
Aer Lingus December passenger traffic falls 4.6%A slowdown in Aer Lingus passengers on its long-haul routes to the United States contributed to an overall year-on-year fall …Thu Jan 08 2009 - 00:00
Dell decision to hurt Irish exports, says IEAThe decision by Dell to move its European manufacturing to Poland could reduce the value of Irish exports by up to 6 per cent…Thu Jan 08 2009 - 00:00
Record job losses in services sectorIRELAND'S SERVICES sector shed jobs at the fastest rate in more than eight years in December with companies struggled with the…Wed Jan 07 2009 - 00:00
McAteer resigns as Anglo Irish finance directorAnglo Irish Bank said today finance director and chief risk officer William McAteer has resigned from the bank and the board.Wed Jan 07 2009 - 00:00
Crash site inspections on holdA system to inspect the sites of serious road crashes to determine if environmental or road factors contributed has stalled because…Wed Jan 07 2009 - 00:00
Falling mortgage and fuel costs boost consumer confidenceConsumer sentiment ended 2008 on a relative high as sharp reductions in mortgage and fuel costs boosted household spending power…Wed Jan 07 2009 - 00:00
Aer Lingus says Ryanair's offer cannot succeedAer Lingus said this afternoon the “extremely low level” of acceptances received by Ryanair for its takeover of the former State…Tue Jan 06 2009 - 00:00
CRH expects €1.6bn in pre-tax profits for 2008Building materials giant CRH said it expects full-year profit before tax “in excess of €1Tue Jan 06 2009 - 00:00
Services sector losing jobs at record rate, survey findsIreland's services sector shed jobs at the fastest rate in more than 8 years in December with companies reporting a deep pessimism…Tue Jan 06 2009 - 00:00
Government plans to control bank salariesThe Government plans to place “proper controls” on salaries for bank employees working for the institutions covered by the Government…Tue Jan 06 2009 - 00:00
Qualceram Shires appoints Swords as chief operations officerBathroom fittings specialist Qualceram Shires has appointed David Swords as its chief operations officer with immediate effect…Mon Jan 05 2009 - 00:00
Directors resign as Waterford put into receivershipSir Anthony O'Reilly has resigned from the board of Waterford Wedgwood, along with three other directors, following today's announcement…Mon Jan 05 2009 - 00:00
Irish economy likely to contract 4% in 2009 - DavyThe Irish economy is likely to contract 4 per cent this year as unemployment rises to over 10 per cent, according to a report…Mon Jan 05 2009 - 00:00
