Insurance market 'close to a monopoly'The Irish insurance market is "dangerously close to a monopoly", with just two companies prepared to take on new business in …Thu Jul 24 2003 - 01:00
Insurance ombudsman notes 8% complaints riseThe insurance ombudsman expects the number of formal complaints against the industry this year to reach the 2,000 mark.Thu Jul 24 2003 - 01:00
London firm pays EUR2m for Navan Carpets assetsA London-listed company has paid €2 million for Navan Carpets' brands and remaining stocksThu Jul 24 2003 - 01:00
State's health boards fuel 'compo culture'The State's own agencies are contributing to the country's "compo culture", according to the chairwoman of two bodies established…Wed Jul 23 2003 - 01:00
Ivernia nets €111m on sale of stake in Lisheen zinc mineExploration group Ivernia West has sold its 50 per cent interest in Lisheen zinc mine to South African conglomerate Anglo American…Tue Jul 22 2003 - 01:00
Dublin Daily to pursue Archant for €496,390Dublin Daily faces large deficit as its biggest shareholder disputes its liability to the companyTue Jul 22 2003 - 01:00
Baltimore division to fetch $1.75mInternet security specialist Baltimore Technologies yesterday announced plans to sell its US-based managed services business …Tue Jul 22 2003 - 01:00
Losses on top shows dent profit at RTE subsidiaryLosses of more than €2 million on investments in programmes such as Popstars and On Home Ground dented profits at RTÉ Commercial…Sat Jul 19 2003 - 01:00
Dublin World Economic Forum summit cancelledA high profile World Economic Forum (WEF) summit planned for Dublin and involving major European leaders has been postponed and…Sat Jul 19 2003 - 01:00
Gresham staff await Labour Court ruling on bonus payWorkers at three Gresham hotels being sold said yesterday the company had agreed at a Labour Court hearing to pay them a goodwill…Sat Jul 19 2003 - 01:00
Northern Rock's Irish deposits riseMore than 22,000 Irish savers had €820 million on deposit with British bank Northern Rock at the end of last month, the institution…Fri Jul 18 2003 - 01:00
Abbey posts €12m increase in profitsConstruction and plant hire group Abbey plc yesterday reported a €12 million boost in pre-tax profits to €48Fri Jul 18 2003 - 01:00
Fears for manufacturing areaUp to 35,000 jobs could be lost in domestic manufacturing companies this year, according to a report published yesterday.Thu Jul 17 2003 - 01:00
Lay-offs double for Shannon regionA total of 734 jobs were lost in Shannon Development-backed companies last year, almost double the losses for 2001, according…Thu Jul 17 2003 - 01:00
State's inflation still highest in euro zone at 3.8% despite recent fallsThe Republic continued to top the euro-zone's inflation league last month, according to figures released yesterday by the European…Thu Jul 17 2003 - 01:00
ISE dealings rise 14% to €38bnThe Irish Stock Exchange expects equity turnover to hit €80 billion this year after posting a strong first-half performance that…Wed Jul 16 2003 - 01:00
Republic ends first quarter with €1bn shortfallThe Republic ended the first three months of the year with a €1 billion shortfall in the balance of payments current account, …Wed Jul 16 2003 - 01:00
Growth forecasts to be cut on CSO statisticsEconomists are likely to begin revising down their forecasts for growth in the domestic economy this year in light of Central…Wed Jul 16 2003 - 01:00
Allfirst acquisition boosts M&T's earnings by 17%The acquisition of AIB's former American subsidiary Allfirst contributed to an increase in second- quarter earnings at its new…Tue Jul 15 2003 - 01:00
Job losses rise as 90 to go at software firmThe number of job losses announced in the first half of July exceeded 1,500 yesterday when a software services company revealed…Tue Jul 15 2003 - 01:00
Green energy contracts to ESB understatedThe Government understated the number of controversial green energy contracts awarded to ESB subsidiaries when it published the…Sat Jul 12 2003 - 01:00
Mullins makes first move to take Barlo privateBarlo looked set to be the next Irish listed company to be taken private last night after its chief executive, Dr Tony Mullins…Sat Jul 12 2003 - 01:00
Insurance leap costs small firms over 3,000 jobs, says ISMEInsurance costs, which have nearly trebled in three years, have cost the small business sector at least 3,000 jobs, an Oireachtas…Thu Jul 10 2003 - 01:00
Glanbia joins US firms in $170m ventureFood group Glanbia will embark on a $170 million (€150 million) joint venture with two of America's biggest milk suppliers that…Thu Jul 10 2003 - 01:00
ESB subsidiaries win €58m 'green' contractsSubsidiaries of the ESB and their partners have won €58 million worth of green energy contracts to supply electricity to the …Thu Jul 10 2003 - 01:00
State's free economy score slips furtherIncreased public spending, taxes and regulation have combined to damage the Republic's standing as a free economy, according …Wed Jul 09 2003 - 01:00
Insurance yields €65m to ExchequerThe Government raised €65 million from the insurance policies taken out in the State last year, the Oireachtas committee investigating…Wed Jul 09 2003 - 01:00
Euro continues slide against dollarInvestors continued to steer clear of the euro yesterday sending it back to levels against the dollar not seen in nearly two …Tue Jul 08 2003 - 01:00
Glanbia sells fresh pork UK business to Flagship Foods for estimated €11mFood group Glanbia yesterday sold part of its UK operations in a deal understood to be worth around €11 million.Tue Jul 08 2003 - 01:00
Report calls for public sector pay rises to be abandonedThe Government was warned to abandon its €1Tue Jul 08 2003 - 01:00
New rules up the ante on data protectionIf paperwork is a headache for your business, then the new data protection laws could leave you with a resounding migraine.Mon Jul 07 2003 - 01:00
Exceptional charges see IWP losses reach €83mMassive one-off charges left consumer goods group IWP with record pre-tax losses of almost €83 million for the year ended March…Fri Jul 04 2003 - 01:00
Second-hand house prices may rise 15%Second-hand house prices are likely to show an increase of 15 per cent by the end of the year, the State's largest estate agent…Fri Jul 04 2003 - 01:00
June is worst month for notified redundanciesJune was the worst month for notified redundancies so far this year, according to figures released yesterday by the Government…Fri Jul 04 2003 - 01:00
Oatfield may face further job cutsThe continued strength of the euro may force further layoffs at Donegal Creameries' confectionary subsidiary, Oatfield, the company…Thu Jul 03 2003 - 01:00
Aer Lingus chairman in €7m pub dealAer Lingus chairman and former AIB boss Mr Tom Mulcahy has bought a share in a pub that was sold this week for €7 million, one…Thu Jul 03 2003 - 01:00
MBOs treble in value in first halfA series of large management buyouts (MBOs) drove the value of Irish merger and acquisition (M&A) deals to almost €2Wed Jul 02 2003 - 01:00
ComReg report confirms high cost of mobilesIrish mobile phone users paid €15 more a month for their services than their European counterparts during the first three months…Wed Jun 18 2003 - 01:00
Almost quarter of employers set to hire new workers - surveyAlmost a quarter of employers in the Republic are likely to hire new workers over the next three months, but a further 11 per…Wed Jun 18 2003 - 01:00
Court for commercial disputes to be set upA new commercial court will begin handling disputes between businesses involving claims of at least €1 million from next autumn…Tue Jun 17 2003 - 01:00
Plan to fast-track power schemesThe Transmission Planning Bill should cut delays in getting permission forelectricity projectsThu Jun 12 2003 - 01:00
Banta to cut 65 jobs in DublinSixty-five jobs are to go in Dublin in a shake-up at technology services company Banta Global Turnkey.Thu Jun 12 2003 - 01:00
Economy to beat rest of Europe, says reportThe Irish economy is set to continue growing at a faster rate than the rest of Europe in 2003 and 2004, according to a report…Wed Jun 11 2003 - 01:00
Bookings at Irish travel firms riseThe British parent of the Falcon/ JWT and First Choice travel agents said yesterday that bookings in its Irish operations had…Wed Jun 11 2003 - 01:00
Morgan Stanley shifts €1bn assets to DublinUS investment bank Morgan Stanley has shifted more than €1 billion in investors' assets from Luxembourg to Dublin, it revealed…Wed Jun 11 2003 - 01:00
UTV will continue to seek purchasesUTV boss Mr John McCann signalled yesterday that the media group would continue to seek acquisitions in the Republic this year…Sat Jun 07 2003 - 01:00
Costs for US firms here up 30% with weak dollarThe falling dollar has driven up operating costs for US multi-nationals based in this country by as much as 30 per cent, according…Sat Jun 07 2003 - 01:00
Eircom rejects criticism it hinders competitivenessEircom has rejected comments by a communications expert that the company was hindering liberalisation and competitiveness in …Sat Jun 07 2003 - 01:00
State still keen on offshore projectsIreland is still keen to attract investment in offshore exploration, despite the recent set back to plans to develop the Corrib…Fri Jun 06 2003 - 01:00
Services sector activity falls for a third monthBusiness activity in the services sector of the economy fell for the third month running and plumbed its lowest level for a year…Fri Jun 06 2003 - 01:00
