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Finance unlikely to back BoI job cuts deal

THE DEPARTMENT of Finance is unlikely to approve a Bank of Ireland redundancy deal offering staff six weeks’ pay for every year…

Tue Oct 25 2011 - 01:00

Convenience to the fore: Maxol-Mace partnership extended

MOTOR FUELS supplier Maxol and retail franchise player BWG plan to invest €225 million in extending their existing partnership…

Mon Oct 24 2011 - 01:00

Subprime lender's bad debts cost it €83.9m

BAD DEBTS cost subprime mortgage specialist GE Woodchester Capital Home Loans almost €84 million between 2008 and 2010, the latest…

Mon Oct 24 2011 - 01:00

'Black economy' in building costs €2bn

A GROWING black economy in the Republic’s building industry is costing taxpayers about €2 billion a year, according to the Construction…

Mon Oct 24 2011 - 01:00

Irish GE Capital arm loses €12.5m in 2010

GE CAPITAL’S Irish finance and leasing arm lost €12.5 million last year, its latest accounts show.

Mon Oct 24 2011 - 01:00

Surveyors want tighter housing checks

TOUGHER ENFORCEMENT of building regulations backed by independent inspections could help avoid situations like the one that forced…

Sat Oct 22 2011 - 01:00

Nama takes control of part of Hanly group's properties

STATE ASSET manager Nama has taken control of part of the Hanly group, a high-profile construction, property and hotel business…

Sat Oct 22 2011 - 01:00

Residents' fears for unfinished estate as company goes into receivership

RESIDENTS OF a Manor Park Homes development fear that unfinished work on the estate will not now be completed as the company …

Sat Oct 22 2011 - 01:00

Wind farm levy down 40% on last year

CONSUMERS AND businesses will pay a levy of €92 million to wind farms and peat-fired electricity plants over the next 12 months…

Fri Oct 21 2011 - 01:00

Manor Park goes into receivership

HIGH-PROFILE house builder Manor Park Homes is in receivership with debts of €170 million after the company’s directors told …

Fri Oct 21 2011 - 01:00

Aughinish owner in talks over boosting Shannon site

THE RUSSIAN owner of Aughinish Alumina is in talks with the Government about boosting production at the Shannon Estuary plant…

Thu Oct 20 2011 - 01:00

First Derivatives profits rise 5% to £3.4m

PROFITS AT trading software and banking consultancy specialist First Derivatives grew 5 per cent to £3

Wed Oct 19 2011 - 01:00

€5m written off value of Temple Bar trust investment properties

TEMPLE BAR Cultural Trust wrote €5 million off the value of its investment properties last year, but the company’s operations…

Wed Oct 19 2011 - 01:00

Hotel rates in Dublin, Belfast to stay lowest

HOTELS IN Dublin and Belfast are starting to attract more guests, but the two cities will remain bottom of the league in terms…

Tue Oct 18 2011 - 01:00

Another positive day led by Elan and Tullow

Iseq: 2,562.74 (+12.83) Settlement date: October 12th

Sat Oct 08 2011 - 01:00

Iseq up ahead of Fitch downgrades

The Irish and European stock markets rose today, but had closed before a downgrading of Spanish and Italian government debt sent…

Fri Oct 07 2011 - 01:00

Talks to boost Republic's credit rating with agencies

THE ORGANISATION responsible for managing the State’s sovereign debt is pushing international agencies to boost the Republic’…

Fri Oct 07 2011 - 01:00

Building workers to get €35m EU aid

THE EUROPEAN Union plans to provide €35 million to the Republic to help almost 6,000 builders get back to work.

Thu Oct 06 2011 - 01:00

Loan sales proposed as way to generate liquidity in property market

LOAN SALES such as those proposed by State assets manager Nama could help kick-start the Irish property market, according to …

Wed Oct 05 2011 - 01:00

French group Tapie bids to buy Full Tilt

A BIDDER for online poker group Full Tilt emerged at the weekend, raising hopes that at least some of the jobs at its Dublin …

Tue Oct 04 2011 - 01:00

Price fixers face up to 10 years' jail in new Bill

INDIVIDUALS AND companies convicted of price-fixing and similar crimes could face 10 years in jail and €5 million fines under…

Sat Oct 01 2011 - 01:00

Paddy Power applies for online gaming licence in Nevada

LISTED BOOKMAKER Paddy Power has applied for a gaming licence in Nevada, positioning itself to become the first European player…

Fri Sept 30 2011 - 01:00

Up to 600 jobs at risk as poker firm licence withdrawn

BETWEEN 500 and 600 jobs are in jeopardy at Irish subsidiaries of online poker business, Full Tilt, after its Channel Island …

Fri Sept 30 2011 - 01:00

Overseas contracts and healthcare interest boost profits 11% at Sisk

PROFITS AT construction group Sisk grew 11 per cent last year to €9 million on the back of strong performances in a number of…

Fri Sept 30 2011 - 01:00

Nama to recruit advisers to help with European and US loan sales

STATE ASSETS agency Nama is seeking to recruit a panel of advisers to aid in the sale of loans in Europe and the US, its chief…

Fri Sept 30 2011 - 01:00

Postcard company seeks court protection

JOHN HINDE, the postcard company synonymous with images of thatched cottages and red-haired children, has fallen victim to the…

Thu Sept 29 2011 - 01:00

Firm ordered to pay into pension scheme

A COURT yesterday gave Offaly builder Donal Rigney and his company until next June to pay €58,000 due to the Construction Workers…

Thu Sept 29 2011 - 01:00

Survey to examine credit for small firms

THE GOVERNMENT is surveying demand for credit from small and medium-sized businesses in a bid to fine tune policies designed …

Wed Sept 28 2011 - 01:00

Directors jailed for not paying into pension fund

THE TWO men jailed for failing to pay staff contributions to a pension scheme sold a waste business to State-owned Bord na Móna…

Wed Sept 28 2011 - 01:00

Irish firms named in gambling fraud case

TWO IRISH subsidiaries of online poker group Full Tilt are named as defendants in a case being taken by the US department of …

Sat Sept 24 2011 - 01:00

Iseq sheds over 3% after IMF warning on recession

Iseq: 2,365.01 (–79

Fri Sept 23 2011 - 01:00

Full Tilt may get licences back despite cheating claim

CLAIMS THAT that board members of on-line poker site Full Tilt, which employs 800 people in Ireland, misled clients may not derail…

Thu Sept 22 2011 - 01:00

Immunity sought for information on alleged price fixing

A NUMBER of people are seeking immunity from prosecution in exchange for providing information to the State about illegal price…

Thu Sept 22 2011 - 01:00

Siac posts profits in excess of €5m on back of overseas contracts

PROFITS AT building group Siac topped €5 million last year, mainly as a consequence of foreign contracts.

Thu Sept 22 2011 - 01:00

Petroneft posts half-year profits of $3.8m

Listed explorer Petroneft made profits of $3

Tue Sept 20 2011 - 01:00

Sammon on course for revenue to hit €100m

SAMMON CONTRACTING is on course to more than double revenues to €100 million-plus this year, bucking the slump in construction…

Tue Sept 20 2011 - 01:00

Greek default threat and euro's future weigh on Iseq

Iseq: 2,456.54 (–40

Tue Sept 20 2011 - 01:00

Iseq falls on Greek default worries

Fears that Greece may default and poor volumes hit the Dublin market today, but the Iseq index of Irish shares did not decline…

Mon Sept 19 2011 - 01:00

Horse trainer and golf developer appear on tax list

A COMPANY owned by racehorse trainer, Aidan O’Brien and his wife, a former golf course and resorts developer, and a high-profile…

Sat Sept 17 2011 - 01:00

Aidan O'Brien in tax settlement

Champion Irish horse trainer Aidan O’Brien has made a tax settlement with the Revenue for over half a million euro.

Fri Sept 16 2011 - 01:00

Losses at sub-prime home lender Start up 80% to €2.7m

LOSSES AT the Republic’s biggest sub-prime home lender Start Mortgages jumped 80 per cent to €2

Thu Sept 15 2011 - 01:00

Undisclosed loans and IL&P deposits led to investigation

BACKGROUND: Accountancy regulator hired former CAG to examine Anglo auditor’s role in ever-growing list of controversial issues…

Thu Sept 15 2011 - 01:00

250 jobs at Pocket Kings under threat

Full Tilt, a leading online poker site, could axe up to 250 jobs from its Dublin base as a result of its withdrawal from the …

Wed Sept 14 2011 - 01:00

Nama offer to developer David Daly withdrawn

THE NATIONAL Asset Management Agency (Nama) has taken any offers made to developer David Daly and his family regarding repayment…

Wed Sept 14 2011 - 01:00

NTR sells shares back to US biofuels company

NTR HAS sold part of its stake in a US biofuels business at a discount to the price of its original investment.

Tue Sept 13 2011 - 01:00

Tullow Oil top performer of session while Iseq slips back

Iseq: 2,444.02 (–79.99) Settlement date: September 12th

Sat Sept 10 2011 - 01:00

Tullow shares soar after French Guiana oil discovery

SHARES IN Tullow Oil surged almost 17 per cent in London yesterday after the company announced a discovery off the coast of French…

Sat Sept 10 2011 - 01:00

European markets slide steeply

Stark news on the euro front sent the markets back into freefall today, wiping out a chunk of the gains that were made during…

Fri Sept 09 2011 - 01:00

Tullow Oil soars 13.3% and fuels Iseq's rally

Iseq: 2,524.01 (+4.59) Settlement date: September 11th : IRISH STOCKS continued their rally alongside their European peers yesterday…

Fri Sept 09 2011 - 01:00

NTR not expecting more losses on solar investments

UTILITY GROUP NTR told shareholders yesterday the company would not have to take any further hits on its solar energy investments…

Fri Sept 09 2011 - 01:00
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