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
Imports to Ireland down 17% on last yearTHE SLOWDOWN in consumer spending was reflected in the value of imports in October, which fell 17 per cent compared to the same…Wed Dec 24 2008 - 00:00
Metic Group's flotation on AIM values it at £15.7mDUBLIN-BASED building systems firm Metic Group floated on the AIM junior stock market in London yesterday at a debut price of…Wed Dec 24 2008 - 00:00
Anglo shares fall to new low after S&P warningANGLO IRISH Bank shares fell to a new low of 18 cent yesterday giving it a value of €140 million as international rating agency…Wed Dec 24 2008 - 00:00
Cowen says Anglo an 'important commercial entity'Shares in Anglo Irish Bank have continued to fall today as the Dublin market responds to the bank's effective takeover by the…Tue Dec 23 2008 - 00:00
Imports decline in October as economy slowsThe slowdown in consumer spending over recent months has resulted in the value of imports in October falling 17 per cent fall…Tue Dec 23 2008 - 00:00
ILP completes €250m re-insurance dealTHE STATE'S biggest mortgage lender, Irish Life Permanent (ILP), has completed a re-insurance deal with Swiss Re that will release…Tue Dec 23 2008 - 00:00
Resignations may hit Anglo's reputation - S&PThe resignations of Anglo Irish Bank’s chairman Seán FitzPatrick, and chief executive David Drumm, may significantly impact on…Tue Dec 23 2008 - 00:00
Irish Life finalises re-insurance deal with Swiss ReThe State’s biggest mortgage lender Irish Life & Permanent said today it has finalised a re-insurance deal with Swiss Re …Mon Dec 22 2008 - 00:00
Cuts in interest rates fail to boost house marketRECENT INTEREST rate cuts by the European Central Bank have seen housing affordability improve but have not attracted buyers …Sat Dec 20 2008 - 00:00
€100m winter leisure park planned for DublinA building development company is planning to build an indoor ski resort and extreme sports centre in Tyrellstown, County Dublin…Thu Dec 18 2008 - 00:00
US pharmaceutical firm to create 250 jobs in AthloneUS firm Pharmaceutical Product Development (PPD) is to create 250 jobs over the next five years at a new research facility in…Thu Dec 18 2008 - 00:00
DPP decides no prosecutionTHE FATHER of a young Co Mayo woman killed in a collision with another vehicle has expressed disappointment at the decision of…Wed Dec 17 2008 - 00:00
'Write-off' owners get warningTHE DEPARTMENT of Transport has written to 1,117 car-owners warning that their cars were previously classified as write-offs, …Wed Dec 17 2008 - 00:00
Isme report finds half of all firms cutting staffAlmost half of all firms in the small and medium sector reported a fall in employee numbers in the last three months, according…Wed Dec 17 2008 - 00:00
Waterford Wedgwood delists from London marketBeleaguered luxury goods firm Waterford Wedgwood has delisted from the London Stock Exchange.Wed Dec 17 2008 - 00:00
Retail sales volumes 7.3% lower in OctoberFigures from the Central Statistics Office (CSO) this morning show that retail sales volumes were 7Wed Dec 17 2008 - 00:00
AIB director insists bank is continuing to lend to businessesA senior executive at one of the State’s largest banks has told the Oireachtas finance and public service committee that funding…Tue Dec 16 2008 - 00:00
Exporters will have to cut wage rates, IEA warnsA significant number of Irish exporters will have to reduce the wages they pay staff in order to survive, according to the Irish…Tue Dec 16 2008 - 00:00
Tullow shares up as it nears 'commercial threshold'Tullow Oil's share price hit a two-month high today after it reported positive results from its drilling operations in Africa…Tue Dec 16 2008 - 00:00
Elan to shut offices, cut 114 jobs to boost drugs investmentIreland’s largest drugmaker Elan plans to cut 114 jobs and close its offices in New York and Tokyo to put more investment into…Fri Dec 12 2008 - 00:00
Takeover Panel rules out parts of Ryanair bidThe State’s Takeover Panel today ruled out elements of Ryanair's offer for Aer Lingus, saying sweeteners included in its initial…Fri Dec 12 2008 - 00:00
Coughlan steps down from Chambers Ireland roleThe deputy president of Chambers Ireland has stepped down from the organisation’s board due to work pressures.Fri Dec 12 2008 - 00:00
Annual rate of inflation falls to 2.5% in NovemberThe annual rate of inflation dropped sharply to 2Thu Dec 11 2008 - 00:00
Up to 150 jobs may go as Pfizer sells Cork plantUp to 150 jobs could be lost following the sale by Pfizer of its Loughbeg site in Cork to a Portuguese pharmaceutical company…Thu Dec 11 2008 - 00:00
Privatised cameras get go-aheadA CONTRACT FOR the provision of privatised speed cameras is to be signed within days, after the Attorney General advised the …Wed Dec 10 2008 - 00:00
Plea for lower drink limitsA ROAD SAFETY group has written to all members of the Oireachtas asking them to support proposed legislation to introduce lower…Wed Dec 10 2008 - 00:00
Aer Lingus to mount strong defence of Ryanair approachAer Lingus is planning a “very strong” defence strategy to the €748 million takeover approach from Ryanair and says there is “…Tue Dec 09 2008 - 00:00
Highest job losses in Kildare, Meath and WicklowTHE COMMUTER counties of Kildare, Meath and Wicklow suffered the largest increases in job losses over the last year with an 81…Sat Dec 06 2008 - 00:00
Unemployment may climb to 12%, report saysIRELAND’S ECONOMIC downturn is forecast to continue for three years as consumer spending slows, according to a report by Davy…Fri Dec 05 2008 - 00:00
Average repayments to fall by between €79 and €218Holders of average mortgages will see their loan repayments drop by between €79 and €218 a month after the European Central Bank…Thu Dec 04 2008 - 00:00
Economic slowdown may last three years - DavyIreland’s economic downturn is forecast to continue for three years as consumer spending slows, according to a report by Davy…Thu Dec 04 2008 - 00:00
Jobs lost in services sector last month at fastest rate on record - surveyIRELAND'S SERVICES sector contracted at the fastest pace in over eight years in November as the domestic recession and global…Thu Dec 04 2008 - 00:00
Services sector shrinks at record rate in NovemberIreland's services sector contracted at the fastest pace in over eight years in November as the domestic recession and global…Wed Dec 03 2008 - 00:00
Thomas Cook to reduce number of holidays on offerTHE THOMAS Cook Group, which operates Panorama, Sunworld and Direct Holidays in Ireland, is to cut the number of holidays for…Wed Dec 03 2008 - 00:00
Unemployment rate hits 10-year high of 7.8 per centUnemployment rose sharply last month as the number of people joining the Live Register of unemployment benefit claimants in November…Wed Dec 03 2008 - 00:00
Job losses for driving examinersMORE THAN 80 driving testers working for a private company will not have their contracts renewed, due to a sharp decline in the…Wed Dec 03 2008 - 00:00
Anglo Irish Bank pre-tax profits fall 37% to €784 millionAnglo Irish Bank has reported a 37 per cent fall in pretax profits to €784 million for the year to September 30th.Wed Dec 03 2008 - 00:00
Manufacturing hits record lowIRELAND'S MANUFACTURING sector dropped to a new record low in November as output and new orders contracted at the fastest rate…Tue Dec 02 2008 - 00:00
Iseq gains as European markets rebound from early lossesIseq: 2,535 (+28) by 12Tue Dec 02 2008 - 00:00
FBD to shut 13 offices as customers move onlineInsurer FBD Holdings is to close 13 of its 47 branches in Ireland and introduce a voluntary redundancy programme in a bid to …Tue Dec 02 2008 - 00:00
Aer Lingus rejects Ryanair's €748m takeover bidAer Lingus has rejected Ryanair’s €748 million takeover bid for the airline, saying the offer significantly undervalued the carrier…Mon Dec 01 2008 - 00:00
Irish manufacturing hits new low in NovemberIreland's manufacturing sector dropped to a new record low in November as output and new orders contracted at the fastest rate…Mon Dec 01 2008 - 00:00
Chambers wants Vat differential to be narrowedAs Vat rates in the Republic and Northern Ireland change today Chambers Ireland has called on the governments in both jurisdictions…Mon Dec 01 2008 - 00:00
Consumer sentiment shows reboundCONSUMER SENTIMENT showed a surprise rebound in November as falling fuel and mortgage costs eased the pressure on household spending…Sat Nov 29 2008 - 00:00
Consumer sentiment shows surprise reboundConsumer sentiment showed a surprise rebound in November as falling fuel and mortgage costs eased the pressure on household spending…Fri Nov 28 2008 - 00:00
Sterling weakness against euro hitting competitiveness of Irish exportsTHE WEAKENING of the sterling against the euro is starting to affect the competitiveness of Irish exports, data from the Central…Fri Nov 28 2008 - 00:00
Lenihan discusses rescue plans with bank chiefsThe Minister for Finance Brian Lenihan met the chiefs of the six State-guaranteed banks and building societies today to discuss…Fri Nov 28 2008 - 00:00
Weak sterling sees exports to Britain dipThe weakening of sterling against the euro is starting to impact on the competitiveness of Irish exports, data from the Central…Thu Nov 27 2008 - 00:00
