Nationalise banks rather than set up Nama, says expertAMERICAN CHAMBER OF COMMERCE: IRELAND CAN solve its economic problems without outside help, but the Government should nationalise…Thu May 21 2009 - 01:00
CRH drop almost cancels gains made elsewhereIseq: 2,758.31 (+12.12) Settlement date: May 25thThu May 21 2009 - 01:00
Republic's economy on target to revive faster than the North'sTHE REPUBLIC of Ireland’s economy is in a technical depression but will bounce back faster than the Northern Ireland economy, …Thu May 21 2009 - 01:00
Iseq hold steady as world markets flatOn a relatively flat day for global markets, the Iseq index of Irish shares closed up just shy of half a percentage point, as…Wed May 20 2009 - 01:00
APN discloses stock offering in bid to reduce debt levelsAUSTRALIAN MEDIA firm APN, in which Independent News & Media (IN&M) has a 39 per cent holding, has announced that it …Wed May 20 2009 - 01:00
Ireland 'technically' in depressionThe Republic of Ireland’s economy is in a technical depression but will bounce back faster than the Northern Ireland economy, …Wed May 20 2009 - 01:00
Iseq climbs 4 per centThe Iseq index of Irish shares climbed almost 4 per cent today, outperforming the major European stock markets, as leading stocks…Tue May 19 2009 - 01:00
Falls in mortgage interest rates drive consumer price index to 66-year lowLOWER INTEREST payments on mortgages led to a sharp fall in the consumer price index (CPI) in April, taking the annual rate of…Fri May 15 2009 - 01:00
Brand hoping this summer will be pear shapedANALYSIS: IT’S ALL going a bit pear shaped at C&C, but for once that’s actually a good thingWed May 13 2009 - 01:00
Rugby success is welcome tonic for C&C cider salesSUNNY WEATHER and successful rugby results boosted sales at C&C over the last 10 weeks, the company said yesterday, as it…Wed May 13 2009 - 01:00
World economy close to turning point, says TrichetTHE GLOBAL economy is close to a turning point, European Central Bank (ECB) president Jean-Claude Trichet said yesterday, as …Tue May 12 2009 - 01:00
IMI is first Irish school to make 'FT' rankingsTHE IRISH Management Institute (IMI) has become the first Irish business school to be ranked in the Financial Times executive…Mon May 11 2009 - 01:00
15,000 food sector jobs could go without support for suppliersUP TO 15,000 jobs could be lost from the food sector this year if the Government does not intervene to help suppliers struggling…Mon May 11 2009 - 01:00
RBS says impaired loans at Ulster make up bulk of £91m lossTHE SCALE of impaired loans at Ulster Bank has soared since the start of the year and is the main cause of a £91 million operating…Sat May 09 2009 - 01:00
ECB moves to ease credit marketsTHE EUROPEAN Central Bank (ECB) has embarked on a €60 billion plan to buy covered bank bonds as part of a three-pronged package…Fri May 08 2009 - 01:00
Mortgage holders to benefit as ECB drops rates to 1%MORTGAGE HOLDERS will benefit from another fall in their monthly repayments after the European Central Bank (ECB) cut interest…Fri May 08 2009 - 01:00
AIB and Bank of Ireland make gains in solid tradingDUBLIN REPORT: Iseq: 2,682.00 (-21.16) Settlement date: May 11thThu May 07 2009 - 01:00
Dairygold notes challenging yearDAIRYGOLD CO-OP has posted an operating profit of €2Thu May 07 2009 - 01:00
Cash beats property for maximum return - reportCASH DEPOSITS are a better option for investors than property and will generate up to a 50 per cent higher return over a five…Thu May 07 2009 - 01:00
Exchequer deficit widens to €7.3 billion in AprilFURTHER WEAKENING in tax revenues saw the exchequer deficit widen to €7Wed May 06 2009 - 01:00
Banking shares buoyant on IseqIt was a buoyant session for the banking stocks on the Iseq today but a negative one for the index's shining star, CRHWed May 06 2009 - 01:00
Exchequer deficit hits €7.3bn as tax take fallsThe exchequer deficit widened to €7Tue May 05 2009 - 01:00
Anglo may seek further €2.5bn from the StateANGLO IRISH Bank is to ask the Government for a further cash injection of up to €2Mon May 04 2009 - 01:00
Ireland's answer to Oprah offers latest tome on perils of debtBOOK REVIEW: LAURA SLATTERY reviews Debt Busters: Managing Your Money Through the Recession , by Eddie Hobbs; Currach Press; €…Mon May 04 2009 - 01:00
Annual decline in retail sales now at 21%, says CSOA COLLAPSE in car sales and sharp declines in housing-related purchases contributed to a 21 per cent annual fall in retail sales…Sat May 02 2009 - 01:00
Glanbia issues profit warning as dairy markets deteriorateFOOD GROUP Glanbia has issued a profit warning following a deterioration in global dairy markets which will lead to a loss at…Fri May 01 2009 - 01:00
Profits at Lakeland Dairies tumble to €1.37mIRELAND’S SECOND largest dairy processing co-op, Lakeland Dairies, has reported a sharply reduced profit for 2008 amid difficult…Thu Apr 30 2009 - 01:00
Cullen ready for second series of 'The Apprentice'ONE JOB. Fourteen candidates. But how many will have “the liathróidí” that Renault man Bill Cullen is looking for?Thu Apr 30 2009 - 01:00
Percentage of jobless in workforce rises to 11.4%THE RATE of unemployment nudged higher in April, as the live register of unemployment benefit claimants swelled by 15,800 people…Thu Apr 30 2009 - 01:00
Food sector seeks State trade credit insuranceA STATE trade credit insurance scheme, a supermarket ombudsman and grant aid are among the “urgent measures” required to protect…Thu Apr 30 2009 - 01:00
Sales at Irish arm of Aviva drop by 43%SALES AT the Irish business of insurance company Aviva fell 43 per cent in the first quarter of 2009, as the market for life …Tue Apr 28 2009 - 01:00
Donegal Creameries hit by fall in global dairy pricesDONEGAL CREAMERIES fell to a loss in 2008 as the decline in global dairy prices hit the IEX-listed company hard.Sat Apr 25 2009 - 01:00
London economist upbeat on IrelandSPOTTED IN Dublin yesterday: the one overseas economist who doesn’t think Ireland is a complete economic mess.Fri Apr 24 2009 - 01:00
Prize bond sales rise by 95%NERVOUSNESS ABOUT the safety of bank deposits last year pushed sales of prize bonds to their highest ever level, the company …Thu Apr 23 2009 - 01:00
Boxer pulls out of digital TV serviceBOXER DTT, the consortium that is 50 per cent owned by Denis O’Brien’s Communicorp group, has abandoned its plans to provide …Tue Apr 21 2009 - 01:00
Some credit unions may be unable to pay dividendCREDIT UNIONS may be unable to pay dividends on savings in 2009 because of massive writedowns in the value of their investment…Thu Apr 16 2009 - 01:00
CRH pushes Iseq into positive territoryNice moves in major stock CRH plus a number of "beta" stocks pushed the Iseq into positive territory today, but AIB and Bank …Thu Apr 16 2009 - 01:00
Aryzta shares fall after sale by Lion CapitalBAKERY GROUP Aryzta fell almost 11 per cent in trading on the Iseq index yesterday after it emerged that a significant shareholder…Thu Apr 16 2009 - 01:00
CRH drags sluggish Iseq downA subdued day on the Iseq index was marked by sluggish Easter holiday trading and little local newsflow to influence proceedings…Wed Apr 15 2009 - 01:00
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
Prices falling at steepest rate since 1933, CSO survey findsPRICES ARE falling at the steepest rate since 1933, according to new data from the Central Statistics Office (CSO), suggesting…Fri 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
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
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
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
'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
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
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
