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Controversial tax exemption for horse breeding makes more than it takes

Report findings that the bloodstock industry is actually a net tax contributor by a significant margin will be carefully scrutinised…

Fri Jul 23 2004 - 01:00

Captains of industry salute 'one of the best'

Business leaders and organisations yesterday paid tribute to the Minister for Finance on his nomination to the European Commission…

Thu Jul 22 2004 - 01:00

Racehorse breeding pays '€37m in tax'

The racehorse breeding industry contributes more than €37 million a year to the Exchequer, while the controversial stud fee exemption…

Thu Jul 22 2004 - 01:00

A State spending 'splurge' could hit economy

A politically motivated spending spree sparked by the Government's recent poor electoral performance is the biggest threat to…

Thu Jul 22 2004 - 01:00

Arcon may turn profit this year

Executives in mining company Arcon told shareholders yesterday that they were hopeful the company could make a profit for the…

Tue Jul 20 2004 - 01:00

TV3 nets Eur5.5m for CanWest

TV3's majority shareholder, CanWest, earned €5

Sat Jul 17 2004 - 01:00

Lawyers query Bill with Taoiseach

Lawyers working for an Aer Rianta director have written to the Taoiseach, Mr Ahern, expressing concern at what they contend is…

Sat Jul 17 2004 - 01:00

Fexco buys rest of its online booking business

Cash services and payments specialist Fexco announced yesterday that it has bought the remaining 26 per cent in its online reservations…

Sat Jul 17 2004 - 01:00

Aer Rianta terms threat to break-up

Aer Rianta's loan agreements specifically prevent the State company from giving up ownership of both Shannon and Cork Airports…

Thu Jul 15 2004 - 01:00

Kenmare ready to begin African project

Exploration group Kenmare Resources said yesterday that it expected to begin work on its African titanium mining project "within…

Thu Jul 15 2004 - 01:00

Irish exports to US to surpass €24bn

Irish exports to the US are set to exceed $30 billion (€24

Thu Jul 15 2004 - 01:00

Aer Rianta director pledges court action to stop break-up

An Aer Rianta director pledged yesterday to go to court if necessary to stop the break up of the State airports company into …

Tue Jul 13 2004 - 01:00

Phantom bid gets MCD backing

MCD boss Mr Denis Desmond and U2 manager, Mr Paul McGuinness are backing the former pirate broadcaster, Phantom FM, in its bid…

Sat Jul 10 2004 - 01:00

Union veteran takes over top post in CWU

A former postman who began his rise through trade union ranks during the bitter postal dispute of 1979 will take over the top…

Sat Jul 10 2004 - 01:00

Debt worries persist despite IWP profit

Dublin-listed toiletries group IWP earned pre-tax profits of €1

Sat Jul 10 2004 - 01:00

Value of claim against Baltimore may hit €20m

The London-listed company that is seeking a repayment and damages from Baltimore Technologies plc for breach of contract said…

Fri Jul 09 2004 - 01:00

DCC eyeing healthcare acquisitions

Industrial holding group DCC is eyeing a number of potential acquisitions in the healthcare sector, according to chief executive…

Fri Jul 09 2004 - 01:00

Oil price drives inflation to 2.3%

High oil prices drove the yearly rate of inflation to 2.3 per cent in June, an increase of 0

Fri Jul 09 2004 - 01:00

Job cuts at Aer Lingus still on cards as plan proceeds

Aer Lingus last night pledged to continue with the implementation of a new business plan that will see the airline cut hundreds…

Fri Jul 09 2004 - 01:00

Management capability

The Government is going to divert 20 million from State development agencies to fund business networks that will focus on developing…

Thu Jul 08 2004 - 01:00

Three firms bid for conference centre contract

Three groups, including long-time bidder Treasury Holdings, are set to enter the competition for the contract to build the National…

Thu Jul 08 2004 - 01:00

DCC acquires British wine sales business Bottle Green for €37.3m

Industrial holding company DCC has bought a British wine sales business for up to €37

Thu Jul 08 2004 - 01:00

Five areas of competitive advantage

Expertise in markets: The State's industrial development agencies should place professionals with international sales and marketing…

Thu Jul 08 2004 - 01:00

UK brewery attracts Irish bidders

Interbrew UK is in talks with two Irish- based bidders who are interested in buying its facility in Belfast, which will be closed…

Wed Jul 07 2004 - 01:00

Cabinet may wait until autumn to make decision on Aer Lingus

The Government is unlikely to decide on Aer Lingus's future before autumn, it has emerged.

Tue Jul 06 2004 - 01:00

Chairman a veteran in sector

Acting Aer Lingus chairman, Mr John Sharman, is likely to be one of the first people to see any bid for the State airline.

Tue Jul 06 2004 - 01:00

Reaping the benefits of a rapid recovery

In the weeks after the World Trade Center attacks in September 2001, the aviation industry widely expected Aer Lingus to fold…

Sat Jul 03 2004 - 01:00

New wave of US groups seek Irish deals

A new wave of US companies plans to invest in Ireland over the next year, the country's ambassador told the American Chamber …

Sat Jul 03 2004 - 01:00

Aer Rianta plan lacks financial insight - report

Opposition TDs yesterday accused the Minister for Transport, Mr Brennan, of using incomplete financial information to justify…

Fri Jul 02 2004 - 01:00

Power shortfall costs customers an extra €75m

Irish consumers and businesses are paying an extra €75 million a year for electricity because the Republic's generating plants…

Thu Jul 01 2004 - 01:00

Fed raises interest rates by 0.25%

Irish borrowers should prepare for interest rate rises of up to 1

Thu Jul 01 2004 - 01:00

Elan repays controversial $471m EPIL loan

Pharmaceuticals group Elan has repaid $471.5 million (€388

Wed Jun 30 2004 - 01:00

Ardagh buys into Poland

Ardagh Glass Ltd plans to buy more than 80 per cent of a Polish manufacturer for €8 million, the company announced yesterday…

Wed Jun 30 2004 - 01:00

SEC investigates fund manager with NPRF link

The US stock market regulator is investigating one of the companies in a fund management group that is responsible for almost…

Wed Jun 30 2004 - 01:00

CNG Travel cuts pre-tax loss to $1.5m

Publicly-quoted online hotel reservations company CNG Travel Group had a pre-tax loss of $1.5 million (€1

Tue Jun 29 2004 - 01:00

Kingspan's results likely to outperform market expectations

First half results at building materials specialist, Kingspan, are likely to outperform market expectations, thanks to a strong…

Tue Jun 29 2004 - 01:00

Heiton chief scorns Grafton bid

Heiton's institutional shareholders are supporting the builder's merchant and DIY group's board in its opposition to Grafton'…

Tue Jun 22 2004 - 01:00

Kenmare set to raise €80m in share placement

Exploration group Kenmare Resources is raising up to $97 million (€80 million) from shareholders to fund the development of a…

Sat Jun 19 2004 - 01:00

US group bids for Irish waste management firm

US operator Earthfirst Technologies is one of a number of publicly-quoted companies that are seeking to buy, or invest in, privately…

Sat Jun 19 2004 - 01:00

Tesco says sales ahead of forecast

Tesco, the UK-based supermarket giant that employs over 11,000 people in the Republic, yesterday said that its first quarter …

Sat Jun 19 2004 - 01:00

Waterford Wedgwood losses hit €45m

Poor sales and the weak dollar left luxury goods business Waterford Wedgwood with a pre-tax loss of €45 million in the year to…

Fri Jun 18 2004 - 01:00

IDA bullish on prospects for 2004

IDA Ireland is extremely upbeat about this year's job creation prospects and believes its focus on the research and development…

Thu Jun 17 2004 - 01:00

Grafton forecasts 25% rise in operating profits

Builders merchant and DIY specialists, Grafton Group, yesterday said it expected turnover in the first six months of 2004 to …

Wed Jun 16 2004 - 01:00

Increase in steel prices 'squeezing' Irish firms

A 20 per cent increase in the price of steel is squeezing earnings in Irish engineering and industrial companies and is threatening…

Wed Jun 16 2004 - 01:00

Elan plans €35m sterile plant in Athlone

Biotechnology specialist Elan Corporation yesterday announced that it plans to invest €35 million in a new sterile bio-pharmaceuticals…

Tue Jun 15 2004 - 01:00

Positive response to Gresham bid

The consortium bidding for control of the Gresham Hotel Group has had a positive response to its €1

Mon Jun 14 2004 - 01:00

Price not equal to the crime - former B of I chief

Former Bank of Ireland chief executive Mr Michael Soden has said that he was the "victim - not the perpetrator" in the recent…

Sat Jun 12 2004 - 01:00

Kelleher pulls out of Lloyds purchase

The company headed by Irish property developer Mr Garrett Kelleher has pulled out of its €365 million deal to buy the landmark…

Sat Jun 12 2004 - 01:00

United Drug inquiry may lead to a recall

The Irish Medicines Board (IMB) has said that it might have to recall some of the products involved, following its investigation…

Sat Jun 12 2004 - 01:00

Ivernia set to exploit lead deposit

Exploration company Ivernia expects that its lead prospect in Western Australia will begin full production next year.

Fri Jun 11 2004 - 01:00
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