ESB to pay €2m to staff who transfer after sale of plantsTHE ESB will pay workers at two electricity plants it is selling to Spanish group Endesa almost €2 million for agreeing to transfer…Sat Nov 15 2008 - 00:00
Communicorp revenues increase 21% to €57mREVENUES AT the Denis O'Brien-backed owner of national radio stations Today FM and Newstalk hit €57 million last year, while …Fri Nov 14 2008 - 00:00
Bord Gas to invest €50m in wind power projectSTATE COMPANY Bord Gáis Éireann (BGÉ) plans to invest €50 million in a wind power project in the west of Ireland.Fri Nov 14 2008 - 00:00
Tax rise to cost Paddy Power up to €10mTHE BUDGET betting-tax increase will cost listed bookmaker Paddy Power between €9 million and €10 million next year, according…Fri Nov 14 2008 - 00:00
Bord Gáis borrowing limit to rise to €3bnMINISTER FOR Energy Eamon Ryan is seeking to boost State company Bord Gáis Éireann's (BGÉ) borrowing limit to €3 billion to fund…Thu Nov 13 2008 - 00:00
ESB workers to vote on sale of power plants this weekCLOSE TO 200 ESB workers will vote this week on the sale of two of the State power company's generating plants to Spanish utility…Tue Nov 11 2008 - 00:00
Irish stocks ease on Asian market performanceIrish stocks eased after being marked up early on the positive performance of Asian markets that followed news that the Chinese…Mon Nov 10 2008 - 00:00
Airtricity's O'Connor in Chilean wind farm ventureAIRTRICITY FOUNDER Eddie O'Connor's latest energy venture has signed a €785 million deal to develop wind farms in Chile.Fri Nov 07 2008 - 00:00
Fas refuses to hand over papersSTATE AGENCY Fás has refused to give documents to a Dáil committee investigating possible irregularities at the organisation, …Fri Nov 07 2008 - 00:00
Potential Taggart buyer contacts PwCA POTENTIAL buyer for troubled developer Taggart Holdings has contacted its administrator, PricewaterhouseCoopers (PwC), with…Fri Nov 07 2008 - 00:00
Cable operator UPC's revenues exceed €75mTHE IRISH cable television and broadband division of Liberty Global generated more than $91 million (€75Fri Nov 07 2008 - 00:00
ESB and Bord Gáis seek further price risesCONSUMERS AND small businesses are facing further hikes in gas and electricity bills after the State's two biggest energy companies…Wed Nov 05 2008 - 00:00
ITC, Powerscourt to raise €12.5m fundingINVESTMENT ADVISERS ITC and Powerscourt are raising a total of €12Wed Nov 05 2008 - 00:00
Extra funding for Battersea power station developmentTHE TREASURY Holdings-backed property investment vehicle, Real Estate Opportunities (REO), has secured an additional €50 million…Tue Nov 04 2008 - 00:00
Interest on builder loans raised - CIFBANKS ARE trying to boost margins at the expense of builders by increasing interest rate charges on existing business loans, …Tue Nov 04 2008 - 00:00
Taggart firms servicing loansTHE PROPERTY companies jointly backed by troubled developer, Taggart Holdings, and stockbroker Goodbody's private clients, are…Tue Nov 04 2008 - 00:00
Energy company's sales reach €48.2mTHE COMBINED energy and business services divisions of SWS had sales of €48Sat Nov 01 2008 - 00:00
Builders warn of impact of €6.2bn in Budget cutsPROPOSED GOVERNMENT spending on building roads, schools, social housing and other infrastructure is set to fall by €6Fri Oct 31 2008 - 00:00
Building lobby reports 35,000 unsold new homesTHE NUMBER of unsold new homes in the Republic stands at 35,000, according to industry figures released yesterday.Thu Oct 30 2008 - 00:00
Interest shown in Taggart propertiesA POTENTIAL buyer hopes to meet with the administrator of troubled developer, Taggart Holdings, early next week.Thu Oct 30 2008 - 00:00
Crosbie Holdings profits up 7% to €11mIRISH EXAMINER publisher, Thomas Crosbie Holdings (TCH), paid its shareholders €3Wed Oct 29 2008 - 00:00
Taggart subsidiaries listed for strike-offA NUMBER of subsidiaries of the troubled Taggart Holdings group in the Republic are listed for strike-off from the companies …Wed Oct 29 2008 - 00:00
Bord Gais bid for Viridian set to be haltedTHE GOVERNMENT is set to halt State company Bord Gáis Éireann's (BGÉ) €2 billion bid for the generating plants owned by independent…Fri Oct 24 2008 - 01:00
Moody's to review CRH credit ratingSLOWER THAN expected cashflow and ongoing acquisition spending at CRH have prompted an international agency to review the Irish…Fri Oct 24 2008 - 01:00
Bank no longer a creditor of TaggartBANK OF Scotland Ireland (BOSI) is no longer a creditor of the troubled Taggart group as a result of the sale of the one of the…Fri Oct 24 2008 - 01:00
O'Brien buys more shares in INMBUSINESSMAN DENIS O'Brien has added a reported three million shares to his stake in Independent Newspapers, valued at €1Fri Oct 24 2008 - 01:00
Liam Carroll settles €140,000 Danniger debtONE OF the State's biggest developers has sidestepped a bid to have his main trading company wound up by settling a six-figure…Thu Oct 23 2008 - 01:00
Taggart's British divisions may be taken overTWO BRITISH subsidiaries of Taggart Holdings, which is now under the control of its bankers, could shortly be placed in administration…Thu Oct 23 2008 - 01:00
Developer Taggart placed in administration owing €150mDEVELOPERS MICHAEL and John Taggart's business became the first high-profile victim of the property slump when banks owed a reported…Wed Oct 22 2008 - 01:00
Taggart sets banks tough poser and could reveal falling assetsANALYSIS: The banks' efforts to recover Taggart loans could hit the value of other assets they hold, writes Barry O'Halloran…Wed Oct 22 2008 - 01:00
Bookmaker William Hill to boost online business with €190m deal with PlaytechBOOKMAKER WILLIAM Hill plans to boost its online business with a €190 million deal with software developer Playtech.Tue Oct 21 2008 - 01:00
Bord Gáis seeks go-ahead for price rise of up to 8%BORD GÁIS, which supplies natural gas to over 500,000 households and 1,700 small businesses, will this week ask the Commission…Tue Oct 21 2008 - 01:00
OpenHydro signs water turbine agreement with energy giant EDFFRENCH ENERGY giant EDF has hired Irish group OpenHydro to build underwater electricity turbines in a deal industry sources say…Mon Oct 20 2008 - 01:00
Gas prices set to rise by up to 8% from JanuaryOver 500,000 households are facing natural gas price increases of between €3.50 and €5.60 a-month from January.Mon Oct 20 2008 - 01:00
Kedco to float on London market todayIRISH ENERGY group Kedco is set to float on the London Stock Exchange today in a move valuing it at almost €35 million.Mon Oct 20 2008 - 01:00
McInerney expects to complete fewer housesBUILDER McINERNEY Holdings expects that the number of houses it completes in Ireland and Britain this year will be less than …Sat Oct 18 2008 - 01:00
$200m to cover potential Lehman liabilitiesState Street: ONE OF the Republic's biggest financial services employers has set aside $200 million to cover potential liabilities…Thu Oct 16 2008 - 01:00
12.5% rate will not be touched - LenihanCOMPANY PROFITS: FINANCE MINISTER Brian Lenihan stressed in his Budget speech yesterday that the Republic's 12Wed Oct 15 2008 - 01:00
AIB up almost 12.5% to close the session at €7.50Iseq: 3,943.66 (120.72) THE BANKS continued their rally on the Dublin market yesterday, aided by a better than expected performance…Sat Oct 04 2008 - 01:00
Financials lead the way bringing Iseq up by 2.5%Financials once again led the way up on the Dublin market today with the Iseq index of Irish shares up close to 2Fri Oct 03 2008 - 01:00
Irish banks have given €86bn to developers in RepublicPROPERTY LOANS: BY THE end of June official figures showed that Irish banks had loaned €86Fri Oct 03 2008 - 01:00
Weak US figures clip real recovery of financialsMARKET REPORT: THE DUBLIN market continued its recovery yesterday as financial stocks earned more support from investorsThu Oct 02 2008 - 01:00
Kingspan raises €330m in loans from group of banks to fund future expansionBUILDING MATERIALS and insulation specialist Kingspan has raised €330 million in loans from a group of banks to fund future expansion…Thu Oct 02 2008 - 01:00
Debts of €5.7m put developer Hassett into liquidationTHE BUSINESS OF property developer and builder Eamonn Hassett has gone into liquidation with a €4 million shortfall on the €5…Thu Oct 02 2008 - 01:00
Betting firm gains on markets' crisisTHE VOLATILE stock markets have boosted business at Irish-based spread-betting firm Worldspreads over the last six months, the…Wed Oct 01 2008 - 01:00
Petroneft says it is on course in SiberiaPETRONEFT, THE Irish explorer with interests in western Siberia, says it is on schedule to begin production from its wells in…Wed Oct 01 2008 - 01:00
Examiner appointed to Futura airlineGROUNDED AIRLINE Futura Gael received a stay of execution yesterday when the High Court appointed an interim examiner to the …Wed Sept 24 2008 - 01:00