Nama to bring foreign banks into 'bad bank' schemeTHE NATIONAL Asset Management Agency (Nama) is making plans for foreign banks not protected by State guarantee to Irish lenders…Fri Jul 24 2009 - 01:00
NTR seeks €668m for energy projectsUTILITY COMPANY NTR has engaged Goldman Sachs and Standard Chartered Bank to advise on its preparations to return to the international…Fri Jul 24 2009 - 01:00
Markets 'convinced' on viability of Irish financesMICHAEL SOMERS, chief of the National Treasury Management Agency, has declared that the Government has “turned the corner” in…Fri Jul 24 2009 - 01:00
New benchmarking round 'must not exclude pay cuts'CIVIL SERVICE REFORM: MORE THAN 300,000 public sector workers are facing the prospect of a new round of pay cuts after on expenditure…Fri Jul 17 2009 - 01:00
Asset value rule to be simplifiedTHE INTERNATIONAL body that sets down the accounting standards applying to all companies and funds listed in Ireland has unveiled…Thu Jul 16 2009 - 01:00
'Bord Snip' report calls for €5.3 billion in cutsThe 'An Bord Snip Nua' report has called for swingeing measures to eliminate as many as 17,358 public sector jobs as part of …Thu Jul 16 2009 - 01:00
Fugitive using Irish passport to avoid bribe charges in USA CZECH-BORN fugitive is relying on Irish citizenship he received in the controversial “passports for investment” scheme in an…Tue Jul 14 2009 - 01:00
Exporters warn State support needed urgentlyEXPORTERS HAVE urged the Government to conclude rapidly a promised State guarantee scheme to underpin their capacity to secure…Mon Jul 13 2009 - 01:00
Origo's operating profit plunges 70%THE DISTRIBUTION arm of the Sisk building group, whose brands include Toshiba entertainment products and Bosch appliances, has…Mon Jul 13 2009 - 01:00
Irish companies feeling fall in demand more than those in EUPRIVATELY HELD companies in Ireland are suffering a greater decline in consumer demand than their EU counterparts, according …Mon Jul 13 2009 - 01:00
Construction activity still contractingBUSINESS ACTIVITY in the construction sector continued to contract last month, new data indicates, but some industry participants…Mon Jul 13 2009 - 01:00
Quinlan and his firm feel the heat in falling property marketANALYSIS: Derek Quinlan’s departure from Quinlan Private has put the company and its investments in the spotlightSat Jul 11 2009 - 01:00
Alcatel-Lucent seeks expansion grantsTELECOMS TECHNOLOGY company Alcatel-Lucent has asked the Government to provide significant grant assistance for a big expansion…Fri Jul 10 2009 - 01:00
IDA-backed firms must cut salaries 'to survive'IDA IRELAND chief executive Barry O’Leary has warned that the pay of thousands of workers in companies backed by the inward investment…Thu Jul 09 2009 - 01:00
Power City's 8% sales fall suggests pre-slump problemsELECTRICAL RETAILER Power City has reported that its sales fell more than 8 per cent last year, suggesting its business was coming…Tue Jul 07 2009 - 01:00
Legal principle may 'bullet-proof' NamaTHE GOVERNMENT will rely on the legal principles underpinning the social and affordable housing scheme to shield the National…Sat Jul 04 2009 - 01:00
INM sells a third of its stake in Indian publisher for €22mINDEPENDENT NEWS & Media (INM) has sold off a third of its investment in Indian publisher Jagran Prakashan (JPL), raising…Fri Jul 03 2009 - 01:00
Ban on display of tobacco products to hit duty free shopsDUTY FREE shops run by the Dublin Airport Authority (DAA) are unable to avail of a special exemption from the new ban on the …Wed Jul 01 2009 - 01:00
O'Reilly tries to broker compromise on IN&MINDEPENDENT NEWS & Media (IN&M) chief executive Gavin O’Reilly is making fresh efforts to reconcile the competing interests…Wed Jul 01 2009 - 01:00
€3bn State cash injection for AngloMINISTER FOR Finance Brian Lenihan has dipped into “cash balances” held by the Exchequer in the Central Bank to provide €3 billion…Tue Jun 30 2009 - 01:00
Maurice Pratt paid €2.19m on departureFORMER CC chief executive Maurice Pratt received €2Tue Jun 30 2009 - 01:00
Bondholders to receive 10% of IN&M asset salesBONDHOLDERS IN Independent News & Media (INM) stand to receive 10 per cent of the proceeds from key asset sales under the…Sat Jun 13 2009 - 01:00
Founders in last-ditch effort to save Setanta SportsSETANTA SPORTS founders Leonard Ryan and Michael O’Rourke are working to a weekend deadline in their last-ditch effort to rescue…Thu Jun 11 2009 - 01:00
Ernst & Young wants to be rehired as Anglo auditorERNST & YOUNG, auditor to Anglo Irish Bank, wants to be rehired by the nationalised lender in a tender for its audit contract…Sat Jun 06 2009 - 01:00
CIF indicates it will not attempt to block NamaCONSTRUCTION INDUSTRY Federation (CIF) director general Tom Parlon has indicated that his group will not seek to block the establishment…Sat Jun 06 2009 - 01:00
Most BoI directors will seek re-electionMOST OF Bank of Ireland’s non-executive directors are seeking re-election to the State-backed lender’s board at its annual general…Sat Jun 06 2009 - 01:00
Lenihan defends €4bn new capitalMINISTER FOR Finance Brian Lenihan has said the Government’s provision of €4 billion in new capital to Anglo Irish Bank was required…Sat May 30 2009 - 01:00
Taxpayer bears burden of bank failureANALYSIS: Bred in the boom years, Anglo’s dysfunctionality is set to grind down hard on the publicSat May 30 2009 - 01:00
Government and regulator to back Anglo publiclyTHE NATIONALISED Anglo Irish Bank is set to receive public declarations of support from the Government and the Financial Regulator…Fri May 29 2009 - 01:00
Healthcare group to move corporate HQ to Dublin from BermudaSHAREHOLDERS IN New York-listed healthcare group Covidien, an offshoot of Tyco International, have approved the transfer of its…Fri May 29 2009 - 01:00
Eircom quarterly profit down 27%THE AUSTRALIAN fund that controls Eircom, which is examining a number of approaches for the heavily-indebted telco, has told …Thu May 28 2009 - 01:00
US firm plans move to Dublin as Obama curbs tax havensIRELAND IS emerging as a beneficiary of the clampdown on tax havens by the Obama administration with the decision of New York…Thu May 28 2009 - 01:00
Bacon tells of 'unanimous' support for planAGENCY SUPPORT: ECONOMIST Dr Peter Bacon, architect of the Nama bad bank plan, has said the project has the support of the Central…Wed May 27 2009 - 01:00
Lenihan not sure if AIB will need funds after NamaBANKS' CAPITAL: MINISTER FOR Finance Brian Lenihan said he has not reached any conclusion on whether Allied Irish Banks (AIB…Wed May 27 2009 - 01:00
Nama TimelineFEBRUARY: Government hires Dr Peter Bacon to examine whether a “bad bank” asset management firm or risk insurance programme …Wed May 27 2009 - 01:00
Nama may apply 10% discount on agreed loan pricesPROPERTY VALUATION: THE NATIONAL Asset Management Agency (Nama) is examining whether it will apply a 10 per cent discount under…Wed May 27 2009 - 01:00
Minister warns developers over Nama liquidationsMINISTER FOR Finance Brian Lenihan has warned developers and other big borrowers for property assets who are in a position of…Wed May 27 2009 - 01:00
Dáil may be recalled over summer for Nama legislationTDS AND Senators are facing an interruption to their long summer holidays after the Government signalled its willingness to recall…Mon May 25 2009 - 01:00
Deadline arrives for lenders to present loan analysis to NamaPREPARATIONS FOR the National Asset Management Agency (Nama) move a step forward today with the arrival of a deadline by which…Mon May 25 2009 - 01:00
Anglo chief to meet Government for crucial talksANGLO IRISH Bank chairman Donal O’Connor faces crunch talks with the Government in the coming days over the nationalised bank…Mon May 25 2009 - 01:00
DCC warns earnings may fall 10%INDUSTRIAL HOLDING company DCC has warned that the combined forces of “exceptionally difficult” economic conditions and sterling…Wed May 20 2009 - 01:00
Burrows confirms he will leave jobGOVERNOR'S RESIGNATION: BANK OF Ireland governor Richard Burrows confirmed his resignation yesterday, which means 10 of the …Wed May 20 2009 - 01:00
Torrid times mean DCC will now keep its powder dryANALYSIS: DCC HAS determined after a strategic review not to restructure the diversified business built up over decades by company…Wed May 20 2009 - 01:00
IN&M shares fall as reprieve granted on bondSHARES IN Independent News & Media (IN&M) lost ground in a rising market after the firm won a 40-day reprieve from the…Tue May 19 2009 - 01:00
Irish Stock Exchange silent on collapsed listed hedge fundTHE IRISH Stock Exchange (ISE) has declined to say whether it is investigating or has investigated the affairs of a collapsed…Tue May 19 2009 - 01:00
INM in final discussions on 'standstill' pact over repayment of €200m bondINDEPENDENT NEWS & Media (INM) enters final discussions this morning on the parameters of a “standstill” pact with bondholders…Mon May 18 2009 - 01:00
High-fliers of the Celtic Tiger are brought down to earthFEET BACK on the groundSat May 16 2009 - 01:00
INM on cusp of debt reorganisation pact with bondholdersINDEPENDENT NEWS & Media (INM) is on the cusp of a “standstill” pact with its bondholders, which would give the company breathing…Sat May 16 2009 - 01:00
Profits at AIB Polish arm slip almost 54%THE POLISH arm of Allied Irish Banks (AIB), which is to be sold off as the bank seeks to bolster its capital base, has reported…Fri May 15 2009 - 01:00
AIB shares sink on bad debt alert ahead of agmTHE BOARD of Allied Irish Banks (AIB) stands for re-election before its beleaguered shareholders today amid renewed pressure …Wed May 13 2009 - 01:00
