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Business groups critical of Finance Bill's taxation focus

BUSINESS REACTION: THE FINANCE BILL is focused on collecting tax rather than boosting economic growth or confidence, one accountancy…

Fri May 08 2009 - 01:00

Profits before tax fall 10% to €30m at United Drug

STERLING’S WEAKNESS and slow trading in some divisions hit profits at healthcare services group United Drug in the six months…

Thu May 07 2009 - 01:00

First-half profits at CRH set to fall

FIRST-HALF profits at building materials giant, Cement Roadstone Holdings (CRH), are set to fall but the group believes the US…

Thu May 07 2009 - 01:00

Revenue targets cash businesses for audit

THE REVENUE is targeting bars, bouncers and barristers with special investigations and audits because of a high risk of non-compliance…

Fri Apr 24 2009 - 01:00

Falling US prices and banks take Iseq lower

MARKET REPORT: A FALL in New York prices sent Irish stocks lower yesterday during an otherwise quiet session, dealers in Dublin…

Fri Apr 24 2009 - 01:00

ESB may close pension to new entrants as deficit hits €2bn

Queuing for a living: standing in line in hope of landing a job

Thu Apr 23 2009 - 01:00

Quinn glass firm faces order to demolish unauthorised works

AN ENGLISH local authority will this week order part of the Irish-based Quinn Group to stop production and knock unauthorised…

Thu Apr 23 2009 - 01:00

Kentz signs deal with fuel giant Sasol

LISTED ENGINEERING and construction group Kentz has done a deal with South Africa’s biggest petrochemical group.

Tue Apr 21 2009 - 01:00

Sales of life assurance and pensions down over 40%

SALES OF life assurance and pensions products slumped by over 40 per cent in the first three months of the year as investors …

Mon Apr 20 2009 - 01:00

NTR backs €270m US wind farm deal

UTILITY NTR is backing a €270 million wind power project in the US which will be one of the first projects of its kind to benefit…

Mon Apr 20 2009 - 01:00

Axa plans €10m investment to expand financial services

GLOBAL INSURANCE giant Axa plans to invest €10 million in establishing a new financial services business in the Republic.

Mon Apr 20 2009 - 01:00

Kenmare upbeat about Mozambique mine

KENMARE RESOURCES said yesterday that it has almost completed a programme designed to tackle problems that have delayed full …

Sat Apr 18 2009 - 01:00

€1.5bn investment fund likely to be raised in US and UK bond markets

ANALYSIS: STATE-OWNED power company, the ESB, could raise up to €1

Fri Apr 17 2009 - 01:00

ESB says expansion plan will create and support 6,000 jobs

THE ESB predicted yesterday that its expansion plans would create and support over 6,000 jobs inside and outside the State company…

Fri Apr 17 2009 - 01:00

Stabilisation fund gets EU green light

THE EU has given the green light to a €100 million State-aid scheme for Irish companies facing difficulties as a result of the…

Thu Apr 16 2009 - 01:00

McInerney Holdings chief executive O'Connor took 50% pay cut in 2008

McINERNEY HOLDINGS chief executive, Barry O’Connor, took a 50 per cent pay cut last year while he and his fellow executives received…

Wed Apr 15 2009 - 01:00

Horse racing industry faces a future full of uncertainty

ANALYSIS : Industry insiders fear horseracing’s ‘wealthy’ image could hurt efforts to secure its future

Sat Apr 11 2009 - 01:00

On the ball

THE FRIDAY INTERVIEW/Grahame Jenkins, Premium Golf Brands: ONE OF the most coveted items of clothing in golf is the green jacket…

Fri Apr 10 2009 - 01:00

Eirgrid chooses potential routes for interconnector

NATIONAL ELECTRICITY grid operator, Eirgrid, said yesterday that it has narrowed down the potential routes for the €180 million…

Thu Apr 09 2009 - 01:00

Bank shares enjoy Budget bounce as nationalisation fears fall

IRISH BANKS continued to benefit as the prospect of nationalisation receded yesterday, but stockbrokers believe that the detail…

Wed Apr 08 2009 - 01:00

Banks' strong performance helps to offset Iseq's decline

MARKET REPORT: THE IRISH Stock Exchange tracked its international counter parts into negative territory yesterday, but a strong…

Wed Apr 08 2009 - 01:00

Kerry shares fall on planned appeal against Breeo ruling

KERRY GROUP’S share price took a hit late yesterday after the Competition Authority announced that it plans to appeal a High …

Wed Apr 08 2009 - 01:00

Strong banks offset Iseq's fall

The Irish Stock Exchange tracked its international counter parts into negative territory today, but a strong performance from…

Tue Apr 07 2009 - 01:00

Profits at Bord Gáis down 10% to €151m

STATE-OWNED energy company Bord Gáis has signed 100,000 customers to the domestic electricity supply service it introduced in…

Fri Apr 03 2009 - 01:00

Kenmare in deal to defer loan repayment

MINING GROUP Kenmare Resources will pay its bankers and guarantors $1

Fri Apr 03 2009 - 01:00

Former CRH chief executive took €1m pay cut in 2008

FORMER CRH chief executive Liam O’Mahony took a €1 million cut in pay in his last year at the helm of the building materials …

Fri Apr 03 2009 - 01:00

Company may shift more supply costs to householders

FALLING ENERGY prices could create scope for consumers to pay a bigger share of electricity and gas supply costs, thus easing…

Fri Apr 03 2009 - 01:00

Bord na Móna tells workers it cannot pay their pensions

STATE COMPANY Bord na Móna has told workers that it cannot pay a pension to which some of them have been contributing for decades…

Thu Apr 02 2009 - 01:00

Qualceram Shires group looks set to be broken up

BATHROOM FITTINGS manufacturer Qualceram Shires is likely to be broken up as a result of seeking protection from its creditors…

Thu Apr 02 2009 - 01:00

'Credible framework' needed to tackle crisis - S&P

THE REPUBLIC needed a “credible framework” to deal with the challenges posed to public finances by the recession, according to…

Wed Apr 01 2009 - 01:00

Profits at Kentz grow 19% in year after flotation

PROFITS AT Irish-Malaysian engineering and instrumentation group Kentz grew almost 19 per cent to €31 million in its first full…

Tue Mar 31 2009 - 01:00

Edward Holdings to buy Galway oil terminal for €30m

BUSINESSMAN GERRY Barrett’s Edward Holdings is buying the Enwest oil terminal in Galway in a deal valued at over €30 million…

Tue Mar 31 2009 - 01:00

Bord Gáis raises €342m to fund expansion

STATE ENERGY company Bord Gáis Éireann (BGÉ), has raised €342 million to fund its expansion plans

Tue Mar 31 2009 - 01:00

Swedish firm ABB to link Irish grid to UK

THE NATIONAL electricity grid’s operator has given the contract for a €600 million power line linking Ireland and Britain to …

Mon Mar 30 2009 - 01:00

Dragon Oil profits up 21% to $369m

PROFITS AT Dubai-backed and Dublin-listed Dragon Oil rose 21 per cent to $369 million (€277 million), the company reported yesterday…

Sat Mar 28 2009 - 00:00

Waterford's new owner plans expansion by acquiring rivals

WATERFORD WEDGWOOD’S new owner intends to expand the luxury crystal and china group through buying up rivals, its chief executive…

Fri Mar 27 2009 - 00:00

McInerney revenues halve to €300m as downturn hits first-time buyers

WEAK DEMAND, falling land values and restructuring costs pushed house-builder McInerney Holdings into the red last year.

Tue Mar 24 2009 - 00:00

Bord na Móna to create 50 research positions

STATE COMPANY Bord na Móna is creating 50 new jobs in innovation, research and development, with a €50 million investment over…

Tue Mar 24 2009 - 00:00

Hotel chain sold by Jury's for €1.165bn posts €175m sales

THE BUDGET HOTEL group sold by Jury’s Doyle to Quinlan Private for €1

Sat Mar 21 2009 - 00:00

Qualceram Shires looks at all options as it talks with landlord

QUOTED BATHROOM fittings manufacturer Qualceram Shires is looking at all options, including corporate rescue or insolvency proceedings…

Sat Mar 21 2009 - 00:00

CRH raises €1.24bn in biggest rights issue

CRH HAS succeeded in raising €1

Fri Mar 20 2009 - 00:00

Waterford Crystal workers to meet on efforts to save plant

WATERFORD CRYSTAL workers are set to meet at the weekend to hear what progress is being made in efforts to keep manufacturing…

Fri Mar 20 2009 - 00:00

Building firm sells shares to raise £325m

BUILDING MATERIALS group, SIG, is selling new shares to raise £325 million to pay down debts due later this year.

Thu Mar 19 2009 - 00:00

SIG to consider selling shares to help it meet loan repayments

THE OWNER of Irish Insulation Systems, Capco Roofing and other building product supply firms is reported to be considering selling…

Tue Mar 17 2009 - 00:00

Readymix reports pretax loss of €47m for 2008

BUILDING MATERIALS group Readymix warned yesterday that it would continue to lose money this year after reporting a €47 million…

Tue Mar 17 2009 - 00:00

Payment boost for State's suppliers

GOVERNMENT DEPARTMENTS will cut the time they take to pay their suppliers to 15 days from 30, Taoiseach Brian Cowen pledged yesterday…

Fri Mar 06 2009 - 00:00

FBD posts losses of €38.6m and predicts rise in cost of insurance

INSURANCE COSTS are set to rise this year as companies attempt to recover the cost of rising claims, Dublin-quoted FBD predicted…

Thu Mar 05 2009 - 00:00

Quinn to invest €100m in Tatarstan development

BUSINESSMAN SEÁN Quinn’s group is investing €100 million in a property development in the Russian republic of Tatarstan.

Thu Mar 05 2009 - 00:00

Firm to rein in spending on acquisitions

ANALYSIS: LAST AUTUMN, building materials group CRH signalled it was planning to rein in spending on acquisitions except in …

Wed Mar 04 2009 - 00:00

CRH hoping to raise €1.24bn in rights issue

BUILDING MATERIALS giant CRH is gearing up to raise almost €1

Wed Mar 04 2009 - 00:00
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