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Champion Sports posts EUR9.6m in pre-tax profits

The company that operates the Champion Sports chain of stores earned profits of more than €9 million last year, according to …

Tue Jan 27 2004 - 00:00

Petroceltic soars by 40%

Close to 50 million shares in Irish explorer, Petroceltic, changed hands in London over the past two days, with buying demand…

Sat Jan 24 2004 - 00:00

Irish duo lead EUR37m MBO of golf firm

Two Irish businessmen have led a €37 million management buyout (MBO) of a leading manufacturer of golf accessories in the UK…

Fri Jan 23 2004 - 00:00

Leeds deputy chairman says high wages cause of crisis

The deputy chairman of Leeds United plc, Mr Alan Leighton, yesterday blamed the high wages paid to footballers for the financial…

Fri Jan 23 2004 - 00:00

Car price-fixing inquiry may be first of many

The Competition Authority investigation into the dealings of a group of car dealers could be the first of a number into high-…

Fri Jan 23 2004 - 00:00

Economy could grow 4.5% in 2004

Economic growth could hit 4.5 per cent this year and reach 6 per cent in 2005, a leading economist predicted yesterday.

Thu Jan 22 2004 - 00:00

Magnetic Solutions raises ?4m in investment round

Computer multinational Intel, financier Mr Dermot Desmond and ICC Venture Capital yesterday emerged as the lead players in a €…

Thu Jan 22 2004 - 00:00

State-supported jobs decline - Forfas

The number of jobs supported by the State's industrial development agencies fell by 7,500 last year to 297,000, it was revealed…

Wed Jan 21 2004 - 00:00

Fines for industrial relations breaches to go up

The Government plans to increase fines for breaches of industrial relations law in a clamp down on problems in the building sector…

Wed Jan 21 2004 - 00:00

McInerney expected to post 27% profits increase

Brokers expect Dublin-quoted builder, McInerney Holdings, to post a 27 per cent increase in pre-tax profits to €26 million for…

Tue Jan 20 2004 - 00:00

An Post ties pay increase to success of rescue plan talks

An Post has told trade unions that the payment of the 3 per cent increase due to its 10,000 workers under the national pay deal…

Fri Jan 16 2004 - 00:00

Musgrave still keen to buy UK chain Londis

Musgrave has had talks with the consultants hired by convenience franchise, Londis, to advise it on a sale of the business, the…

Thu Jan 15 2004 - 00:00

Donaghadee Carpets raises €10m

The management buyout (MBO) company that rescued a stricken Northern Irish carpet manufacturer late last year has raised more…

Tue Jan 13 2004 - 00:00

Icon to keep its focus on growth

Clinical trials specialist, Icon plc, is likely to continue seeking new acquisitions this year, but chief executive, Mr Peter…

Tue Jan 13 2004 - 00:00

Eircom to reduce broadband fees

Eircom plans to slash the monthly wholesale and retail rents for high-speed internet lines to €23 and €39

Mon Jan 12 2004 - 00:00

UCI profits edge up as cost of sales rises sharply

Pre-tax profits at the Irish subsidiary of the UCI multiplex cinema chain came close to 5 million during 2002, according to the…

Fri Jan 09 2004 - 00:00

Abbey posts 33% rise in six-month pre-tax profits

Dublin and London-listed house builder, Abbey plc, yesterday reported a 33 per cent increase in pre-tax profits for the six months…

Fri Jan 09 2004 - 00:00

Goodbody in €6m sale and lease deal with Grafton

Goodbody Stockbrokers has bought Grafton plc's flagship site on Dublin's Naas Road in a deal that will net the builders' providers…

Fri Jan 09 2004 - 00:00

Legal row threatens €20m Mayo tourism plan

A €20 million tourism project, backed by former Esat Digifone chief executive Mr Barry Maloney, his brothers and US venture capitalist…

Thu Jan 08 2004 - 00:00

Troubled companies are now opting to be struck off

Firms in financial difficulty are trying to avoid investigation by opting to be struck off rather than go into liquidation, according…

Tue Jan 06 2004 - 00:00

Fexco takes majority stake in voucher firm

Foreign exchange and global payments group Fexco has taken a majority stake in the Gift Voucher Shop, a recently-established …

Tue Jan 06 2004 - 00:00

Abramovich may buy Jordan F1 team

The company that operates Mr Eddie Jordan's Formula One team confirmed yesterday that he has met Chelsea Football Club owner …

Tue Jan 06 2004 - 00:00

Dollar under fresh pressure

European markets started the new year on a high and the dollar came under fresh pressure on the opening trading day of 2004.

Sat Jan 03 2004 - 00:00

Irish Rail €2m catering contract may go to tender

Irish Rail is considering putting a contract worth €2 million a year in sales out to tender as part of a shake-up of the catering…

Sat Jan 03 2004 - 00:00

Regulator wants An Post to ensure better next-day delivery

Communications regulator, Comreg, yesterday declared that it wants An Post to ensure next-day delivery for more than nine out…

Wed Dec 24 2003 - 00:00

EU law shares bank details

The Revenue Commissioners will get details of bank accounts held by Irish residents in other EU states under a new law that will…

Wed Dec 24 2003 - 00:00

Barry's Tea and Bank of Scotland buy Batchelors

Barry's Tea and Bank of Scotland have joined forces to buy Northern Foods-owned Batchelors in a €95 million deal

Wed Dec 24 2003 - 00:00

Regulator investigates Galen deal with US firm

The US competition watchdog is investigating a licensing deal between Dublin and London-listed Galen Holdings and US company …

Wed Dec 24 2003 - 00:00

Tayto sale rumours rejected by C&C

Cantrell & Cochrane Group (C&C) last night rejected reports that it was about to sell its Tayto Foods potato crisp manufacturer…

Tue Dec 23 2003 - 00:00

Rentsch will close with 77 job losses

Almost 80 workers at the former Smurfit Tobacco Products packaging plant will lose their jobs in the new year, The Irish Times…

Tue Dec 23 2003 - 00:00

Journalists at Examiner titles agree pay deal

The threat of a strike at the Examiner group's flagship titles was lifted last night after both sides agreed to Labour Relations…

Sat Dec 20 2003 - 00:00

Ferguson got #98,000 for presence at charity event

Sir Alex Ferguson, the Manchester United manager, has confirmed he received £97,973 from the John Durkan Leukaemia Trust after…

Sat Dec 20 2003 - 00:00

Brown Thomas to open two new stores in €15m plan

Brown Thomas owner Mr Galen Weston revealed yesterday that the retail group plans to spend €15 million over the next year on …

Thu Dec 18 2003 - 00:00

Weston may reclaim Entenmann's from Hibernia

Canadian giant George Weston Ltd may reclaim full ownership of key brand, Entenmann's confectionary

Thu Dec 18 2003 - 00:00

Property developer makes €500,000 settlement

A property developer made a €500,000 settlement with the Revenue Commissioners following an inquiry that showed his firm had …

Wed Dec 17 2003 - 00:00

Examiner journalists plan further industrial action

Journalists working at the Examiner group's flagship titles are planning further industrial action later this week after firing…

Tue Dec 16 2003 - 00:00

Norbrook chief seeks partner

Businessman Dr Edward Haughey is seeking a partner for an £80 million sterling (€114 million) investment plan for his UK-based…

Sat Dec 13 2003 - 00:00

Gardai investigate fraud at Gorey Credit Union

Gardaí are investigating a suspected fraud at a credit union that has cost it almost €160,000 in the past year, it was confirmed…

Sat Dec 13 2003 - 00:00

Aer Rianta warns levy cuts will see service decline

The aviation watchdog's proposals to cut airport charges by 10 per cent will leave Aer Rianta with little or no cash to develop…

Sat Dec 13 2003 - 00:00

Ahern to announce EUR140m State broadband initiative

Communications minister Mr Ahern will today announce details of a €140 million plan to make high-speed telecommunications technology…

Fri Dec 12 2003 - 00:00

ESB staff set to ballot on industrial action

The State faces the risk of electricity blackouts in the new year if a meeting of the ESB's unions on Thursday decides to ballot…

Fri Dec 12 2003 - 00:00

Ministers set to reform rules of stability pact

EU finance ministers are likely to discuss reforming the strict budget rules that underpin the euro this weekend, the Minister…

Fri Dec 12 2003 - 00:00

ARB's entry set to boost insurance competition

Competition in the insurance industry is likely to be boosted by the entry of a new company to the Irish market that intends …

Thu Dec 11 2003 - 00:00

Economists fear worst as jobless queue lengthens

Unemployment is likely to continue rising into next year, leading economists predicted last night following news that the number…

Thu Dec 11 2003 - 00:00

Foreign investors pump EUR26bn into State

Figures detailing foreign direct investment in the Republic show that overseas interests pumped €26 billion into the State last…

Wed Dec 10 2003 - 00:00

Trinity Biotech sues US distributor

Trinity Biotech last night announced that it was suing one of its US distributors, Inverness Medical Innovations, for breach …

Wed Dec 10 2003 - 00:00

Conroy finds gold deposits

London-listed Conroy Diamonds and Gold yesterday said it had found further evidence of economic gold deposits during exploratory…

Tue Dec 09 2003 - 00:00

Mean Fiddler chairman sells stake to rival

Mean Fiddler chairman, Mr Vince Power, yesterday relinquished majority control of the concert and music group in a €6

Tue Dec 09 2003 - 00:00

Halfords set to open first Irish store next year

UK giant Halfords is planning to open its first Irish store next autumn

Sat Dec 06 2003 - 00:00

'Examiner' staff serve strike notice

Journalists on the Irish Examiner and Evening Echo newspapers are set to begin industrial action on Monday week after formally…

Sat Dec 06 2003 - 00:00
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