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Network costs drive electricity price rise

INCREASED NETWORK charges and the euro’s weakness against sterling will leave State-owned ESB’s 1

Sat Sept 08 2012 - 01:00

ECB bond move drives values higher

MARKETS ACROSS Europe continued their rally yesterday on the back of European Central Bank president Mario Draghi’s announcement…

Sat Sept 08 2012 - 01:00

Home heating oil prices up 18% - survey

HOME HEATING oil prices are up 18 per cent to an average of €964 for 1,000 litres in a further blow to consumers this winter…

Fri Sept 07 2012 - 01:00

Crosbie resigns from dockland companies

DEVELOPER AND businessman Harry Crosbie has resigned as a director of a series of companies connected with his Dublin docklands…

Fri Sept 07 2012 - 01:00

Electricity price rise on the way

State-owned ESB’s 1

Fri Sept 07 2012 - 01:00

Companies face major hike in electricity prices

KEY INDUSTRIES such as pharmaceutical manufacturers and food processors are facing six-figure electricity bill increases as a…

Thu Sept 06 2012 - 01:00

Bus Éireann acts after inquiry

BUS ÉIREANN has disciplined a senior member of staff following an investigation into the operation of the school transport scheme…

Thu Sept 06 2012 - 01:00

Electricity and gas price hikes approved

CONSUMERS AND businesses are facing increases in gas and electricity prices this winter, following a number of decisions by the…

Wed Sept 05 2012 - 01:00

Energy price rises turn heat up on consumers

INCREASED CHARGES on networks, rising commodity prices and the euro’s weakness have combined to leave both consumers and businesses…

Wed Sept 05 2012 - 01:00

ESB borrows €600m in five-year bond

STATE ENERGY company the ESB borrowed €600 million from European institutions yesterday to refinance existing bank debt and credit…

Wed Sept 05 2012 - 01:00

Businesses face increases of up to 7% in natural gas prices

BUSINESSES ARE facing an estimated 5 per cent to 7 per cent hike in natural gas costs after the State’s energy regulator approved…

Mon Sept 03 2012 - 01:00

Target owes €600,000 in taxes to Revenue

INSOLVENT TRUCKING company Target Express owes €600,000 in workers’ social insurance contributions and PAYE to the Revenue Commissioners…

Fri Aug 31 2012 - 01:00

Grafton hopeful of rescue plan for subsidiary

GRAFTON IS optimistic that a rescue plan for its subsidiary, Atlantic Homecare, will be in place by the time the troubled business…

Thu Aug 30 2012 - 01:00

Paddy Power upwardly mobile after record profits

BOOKMAKER Paddy Power is launching social media gambling and mobile casino products following a record first half that delivered…

Thu Aug 30 2012 - 01:00

Haulage firm in liquidation as protests go on

TROUBLED HAULAGE group Target Express was placed in liquidation yesterday as workers continued sit-ins at some of its depots.

Thu Aug 30 2012 - 01:00

Key markets end two days of gains

KEY EUROPEAN markets fell yesterday as Spanish region Catalonia signalled that it would shortly seek a bailout from Madrid, while…

Wed Aug 29 2012 - 01:00

United Drug acquires two US firms in €32m deal

HEALTHCARE SERVICES group United Drug is buying two companies in the US for up to €32 million.

Wed Aug 29 2012 - 01:00

Maplewood says Nama forced it to insolvency

THE DIRECTORS of Maplewood Developments, which has gone into liquidation owing more than €300 million to creditors, have accused…

Wed Aug 29 2012 - 01:00

United Drug agrees €32m deals

Healthcare services group United Drug is spending up to $40 million (€31.8 million) on two deals in the United States.

Tue Aug 28 2012 - 01:00

Renewable energy goal to cost up to €5bn

MEETING IRISH renewable energy targets will require investment of up to €5 billion between now and 2020, according to a report…

Fri Aug 17 2012 - 01:00

Glass half full at Ardagh

THEY MAY be on hold for the moment, but Ardagh has not abandoned its intention to go back to the market

Fri Aug 17 2012 - 01:00

Ardagh group may build glass plant in Republic

PACKAGING GIANT Ardagh is moving ahead with plans to return to manufacturing in the Republic.

Fri Aug 17 2012 - 01:00

Markets drift on sluggish trading day

QUIET TRADE and low volumes sent markets drifting yesterday, eroding gains made during Tuesday’s rally.

Thu Aug 16 2012 - 01:00

Nine-year sanction for property director over misuse of funds

THE DIRECTOR of a property company that was placed in administration two years ago with a shortfall of more than €15 million …

Wed Aug 15 2012 - 01:00

Management shake-up at O'Brien's Caribbean mobile group Digicel

DENIS O’BRIEN’S Caribbean mobile telecoms group Digicel is moving Mark Linehan, its chief executive for Jamaica, to another of…

Tue Aug 14 2012 - 01:00

Major player in building boom may be wound up this month

ONE OF the biggest players in the last decade’s building boom faces the prospect of being wound up at the end of the month.

Tue Aug 14 2012 - 01:00

Building industry declines further in July

THE RATE of decline in the Republic’s building industry increased last month, with activity falling and job losses increasing…

Mon Aug 13 2012 - 01:00

Regulating online gaming could be a winner for Ireland

BUSINESS OPINION: Our State has missed a trick

Mon Aug 13 2012 - 01:00

Element Power to build Tipperary wind farm

ENERGY GROUP Element Power is planning to spend up to €70 million on a new wind-powered electricity project, it emerged at the…

Mon Aug 13 2012 - 01:00

Pensioners sue Glanbia for breach of contract

A GROUP that includes many of its former managers plans to take food company Glanbia to the High Court in the latest round of…

Mon Aug 13 2012 - 01:00

DCC to buy BP's liquified natural gas business for €50m

DCC IS buying oil giant BP’s liquified natural gas (lpg) distribution business in Britain in a €50 million deal.

Thu Aug 09 2012 - 01:00

DCC to buy BP unit for €50m

Dublin-listed DCC is to buy BP’s liquid petroleum gas (LPG) distribution business in Britain for €50 million.

Wed Aug 08 2012 - 01:00

Legal firm in line for €75,000 as Full Tilt Poker set to be taken over

Law firm Matheson Ormsby Prentice (MOP) is in line for a €75,000 pay day from the transfer of Full Tilt Poker to a rival.

Wed Aug 08 2012 - 01:00

Failure of Alzheimer's drug to cost Elan $117m

THE FAILURE of one of its potential Alzheimer’s treatments to get through clinical trials will cost Elan $117 million, the pharmaceutical…

Wed Aug 08 2012 - 01:00

Goodbody staff join Brewin Dolphin

Three staff members from the private clients division of Goodbody Stockbrokers left at the end of last month, it has emerged.

Tue Aug 07 2012 - 01:00

Chief of Irish-based poker firm barred

RAYMOND BITAR, the chief executive of Irish-based Full Tilt Poker, which was compared to a Ponzi scheme in a New York court, …

Fri Aug 03 2012 - 01:00

Going gets tough for racing

The Irish horse racing and breeding industry is in desperate need of a boost, but will the recommendations of a new report help…

Fri Aug 03 2012 - 01:00

Gallaghers offer £55m to complete Abbey ownership

THE GALLAGHER family is offering £55 million (€69

Thu Aug 02 2012 - 01:00

Full Tilt online poker players in line for $731m refund

ONLINE POKER players will have $731 million repaid to them as part of a deal that will save the struggling, Irish-based Full …

Thu Aug 02 2012 - 01:00

Marketspreads says business grew 27% in last period despite suspension

PROFITS AT financial spread trading firm, Marketspreads, topped €900,000 in its last financial period, which included the time…

Mon Jul 30 2012 - 01:00

Nama plans threaten Drogheda project

STATE AGENCY Nama’s plans to fund a cinema and retail development in Drogheda threaten a similar, privately backed, project that…

Sat Jul 28 2012 - 01:00

Bord Gáis chief to step down this year

BORD GÁIS chief executive John Mullins has decided to step down from the role at end of this year, when his five-year contract…

Fri Jul 27 2012 - 01:00

NTR cuts full-year losses to €89m

LOSSES AT utility NTR fell to €89 million in the 12 months to March 31st as the company shifted investment away from the businesses…

Fri Jul 27 2012 - 01:00

European markets remain flat

GLOOMY FIGURES from Britain and US, added to the general concerns about the EU’s sovereign debt crisis, ensured European markets…

Thu Jul 26 2012 - 01:00

Tullow Oil reports 48% rise in profits to $829m

PROFITS AT Tullow Oil rose 48 per cent in the first half of this year to $829 million (€682 million) on the back of increased…

Thu Jul 26 2012 - 01:00

DVD store reports profit of €300,000

HOME ENTERTAINMENT group Xtra-vision made a profit of €300,000 in the 12 months ended January 29th after emerging from examinership…

Mon Jul 16 2012 - 01:00

Profits up at building firm Abbey

PROFITS AT housebuilder Abbey rose 5 per cent to €12 million, but the company had to write more than €1 million off the value…

Wed Jul 11 2012 - 01:00

US case against Full Tilt ongoing

US PROSECUTORS are still pursuing a case against the Irish divisions of the struggling Full Tilt Poker online gambling business…

Tue Jul 10 2012 - 01:00

Harbour chief resigns after one year

CAPTAIN FRANK Allen has resigned as harbour master of the State-owned Dún Laoghaire port company after one year in the job.

Tue Jul 10 2012 - 01:00

Bonds linked to inflation to prove popular

IRISH SAVERS are likely to start following a trend that has seen borrowers and savers in Britain and elsewhere turn to inflation…

Mon Jul 09 2012 - 01:00
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