Tullow hits 85,000 barrels a dayProduction from Tullow Oil’s Jubilee Field off the coast of Ghana recently hit 85,000 barrels a-day, indicating that it is on…Thu Nov 15 2012 - 00:00
Developer declared bankrupt in LondonDeveloper Fergal O’Mahoney has become the latest Irish property player to be declared bankrupt in a UK court.Thu Nov 15 2012 - 00:00
Goode case: What happens nextThe decision by Mr Justice John Cooke to step back from the Goode Concrete case could result in the reopening of another competition…Wed Nov 14 2012 - 00:00
Firm's trading update warns fall in value of assets will hit profits and earningsA fall in the value of some assets will hit profits and earnings at CRH, the building materials giant predicted yesterday.Wed Nov 14 2012 - 00:00
ESB raises €500m in bond saleState energy group the ESB is borrowing €500 million from European finance institutions to fund further investment and refinance…Tue Nov 13 2012 - 00:00
Positive oil data set to drive Irish explorationPositive recent newsflow and a renewed interest in the potential of the Republic’s territorial waters are likely to drive an …Tue Nov 13 2012 - 00:00
Investment of €15m in City Bin Co to create 35 jobsMiddle-East-based Averda is investing €15 million in Irish group the City Bin Co in a move that will create 35 new jobs.Mon Nov 12 2012 - 00:00
Revenues at PM Group decline 16%A fall in property values and restructuring costs combined to dent profits at engineering specialist PM Group last year.Sat Nov 10 2012 - 00:00
Greek austerity doubts prompt declinesStocks fell yesterday amid concerns over Greece’s ability to deliver cuts needed before the EU can release further funds to its…Fri Nov 09 2012 - 00:00
Intel delays launch of product at Kildare unitMicrochip maker Intel is sending up to 600 Irish staff home early from training in the US after deciding to delay the introduction…Fri Nov 09 2012 - 00:00
Tullow Oil extends €3.5bn debt facilityExploration and production group Tullow Oil has extended its $3.5 billion debt facility by four years to 2019.Thu Nov 08 2012 - 00:00
Rabbitte to be quizzed over ComReg decisionAn Oireachtas committee is seeking to question Minister for Communications Pat Rabbitte, following a row with industry regulator…Thu Nov 08 2012 - 00:00
DCC records first-half operating profits of €62mAcquisitions helped to drive revenue growth at DCC in the first half of its financial year, which yielded operating profits of…Wed Nov 07 2012 - 00:00
Householders could be liable for leaking pipesHouseholders could have to pay for leaking or damaged water pipes found on their property by the new utility company that the…Wed Nov 07 2012 - 00:00
Icon says it will leave Iseq to move its full listing to Nasdaq index in New YorkCLINICAL TRIALS specialist Icon is to leave the Irish Stock Exchange.Fri Nov 02 2012 - 00:00
Grafton adds to Belgian businessTHE BELGIAN business part-owned by Irish DIY specialist and builders’ merchant Grafton is buying a rival for €9Fri Nov 02 2012 - 00:00
Netherlands is the meat in Google's Irish tax sandwichIT SOUNDS like a multinational snack but the double Irish Dutch sandwich is actually a tasty way for multinationals such as Google…Thu Nov 01 2012 - 00:00
Bus group seeks tender for school transportTHE GROUP challenging Bus Éireann’s right to provide school transport services has written to the Government pledging to drop…Thu Nov 01 2012 - 00:00
Blow for An Post as Comreg signals intention to control postal costsTHE STATE’S communications regulator signalled yesterday that it intends controlling postal costs to ensure their affordability…Wed Oct 31 2012 - 00:00
Exponent buys HSS groupPrivate equity firm Exponent has bought equipment hire group HSS, which has over 20 depots in Ireland, in a deal completed at…Mon Oct 29 2012 - 00:00
Seven firms a day going under as insolvencies riseAN AVERAGE of seven companies went under every day between October 1st and 25th as the recession continued to bite, according…Mon Oct 29 2012 - 00:00
Ulster Bank Diageo fund invests €27m in 12 Irish firmsTHE ULSTER Bank Diageo Venture Fund has invested €27 million to date in 12 Irish companies.Mon Oct 29 2012 - 00:00
Central Bank to review hedge fundTHE CENTRAL Bank is set to begin consultations from tomorrow on new proposals to regulate hedge and private equity funds.Mon Oct 29 2012 - 00:00
Derry role for Temple Bar trust chiefTEMPLE BAR Cultural Trust chief executive Dermot McLaughlin is taking up a key role in the Derry City of Culture organisation…Sat Oct 27 2012 - 01:00
ESB delays plan to borrow €150mPROPOSED PENSION fund rules have forced the ESB to hold off on plans to borrow €150 million from the capital markets.Sat Oct 27 2012 - 01:00
Losses accelerate by one-third at Fiat to reach €6m in 2011LOSSES AT motor distributor Fiat increased by a third to €6 million last year, the latest figures show.Sat Oct 27 2012 - 01:00
Electricity price may rise 9% in peak monthsBUSINESSES AND consumers could face further electricity price rises of up to 9 per cent under a proposal being considered by …Fri Oct 26 2012 - 01:00
Aer Lingus dispute may cause disruptionsAER LINGUS passengers could face disruption in coming weeks after talks aimed at finding a solution to the €748 million hole …Fri Oct 26 2012 - 01:00
Shares rise on positive economic signsEUROPEAN STOCKS advanced for the second consecutive day yesterday on the back of good earnings from heavyweights such as Unilever…Fri Oct 26 2012 - 01:00
Rival contests ESB link to Britain planESB’S PLAN to build a telecoms link between Ireland and Britain faces a court challenge from a rival which claims that the State…Thu Oct 25 2012 - 01:00
High Court to rule on Bus Éireann school schemeTHE HIGH Court will rule today on the future of the €160 million a year school transport scheme operated by State company Bus…Tue Oct 23 2012 - 01:00
Judge who heard CRH cases 'held shares in firm'A JUDGE who has heard a series of competition law cases involving CRH had shares in the building materials group, the High Court…Tue Oct 23 2012 - 01:00
Self-belief puts opponents on the ropesIrish Boxing’s head coach Billy Walsh’s philosophy that ‘you can only achieve what you believe’ delivered four medals at London…Fri Oct 19 2012 - 01:00
Finavera director resigns over potential conflictFINAVERA DIRECTOR Ian Harvey has resigned over a conflict of interests with a potential buyer for the Irish-Canadian wind energy…Fri Oct 12 2012 - 01:00
Iseq bucks positive trend in EuropeSTOCKS ADVANCED yesterday on news that US jobless claims fell 30,000 to 339,000, their lowest level in four years.Fri Oct 12 2012 - 01:00
Builders McCann Brothers cease tradingBUILDING CONTRACTOR McCann Brothers has ceased trading, leaving €620,000 in unpaid bills and 160 jobs hanging in the balance …Thu Oct 11 2012 - 01:00
State geologist questions fracking firm's dataTHE QUALITY of the data used by exploration group Tamboran Resources to determine the natural gas reserves in the Lough Allen…Thu Oct 11 2012 - 01:00
Debts finally come home to roost for CullenBILL CULLEN’s 2001 autobiography, It’s a Long Way from Penny Apples, tells his story as the ultimate rags-to-riches yarn.Wed Oct 10 2012 - 01:00
CIÉ appeals for delay on publication of accountsSTATE-OWNED public transport group CIÉ wants to delay publication of its 2011 accounts until next year while it deals with the…Tue Oct 09 2012 - 01:00
Fleetmatics raises $125m in NYSE flotationIRISH-BASED SOFTWARE business Fleetmatics raised $125 million when it floated on the New York Stock Exchange yesterday after …Sat Oct 06 2012 - 01:00
Abbey to remain a public company, says chairmanHousebuilder Abbey is happy to remain as a publicly quoted company for the foreseeable future, according to its chairman, Charles…Sat Oct 06 2012 - 01:00
Wind energy could provide 30,000 new jobs by 2020, claims lobby groupWIND ENERGY could create 30,000 new jobs by 2020, according to an industry lobby group, which yesterday called on State agencies…Fri Oct 05 2012 - 01:00
Encouraging signs at Goffs sale that bloodstock industry may finally be getting back on trackWITHIN 40 minutes of the kick-off of its most important sale on Wednesday morning, bloodstock auctioneer, Goffs looked to have…Fri Oct 05 2012 - 01:00
Stocks edge up on strong retail salesMARKETS PUT in a mixed performance yesterday as unexpectedly strong retail sales figures and good employment data from the US…Thu Oct 04 2012 - 01:00
Gaelectric to raise €60m for Irish developmentsWIND ENERGY group Gaelectric is raising €60 million from capital markets to fund a series of proposed developments in Ireland…Thu Oct 04 2012 - 01:00
JJB Sports' Irish shops and gyms on marketTHE IRISH division of the troubled JJB Sports chain is on the block following the appointment of a provisional liquidator yesterday…Tue Oct 02 2012 - 01:00
Eason set to abandon purchase of rival due to regulator's moveBOOKSELLER EASON looks set to abandon its purchase of rival Argosy after the Competition Authority shot down the deal yesterday…Tue Oct 02 2012 - 01:00
New management at Quinn Group manufacturing cuts debt by €800mTHE NEW management of the Quinn Group’s manufacturing businesses has reduced its debts by €800 million to €475 million, its chief…Fri Sept 28 2012 - 01:00
US firm in €140m Smurfit share saleONE OF packaging group Smurfit Kappa’s biggest shareholders yesterday sold half its stake in the business for €140 million…Thu Sept 27 2012 - 01:00
