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Net liabilities of Irish Harvey Nichols store increased to €9.4m last year

IT WAS supposed to play a starring role in a bold global expansion but, six years on, Harvey Nichols’s Dundrum store continues…

Wed Jan 18 2012 - 00:00

Belfry golf resort officially up for sale

THE HIGH-PROFILE Belfry hotel and golf course in Britain has officially been put up for sale, with Jones Lang LaSalle yesterday…

Tue Jan 17 2012 - 00:00

RBS sells aircraft leasing business to Japanese bank for $7.3bn

ROYAL BANK of Scotland last night agreed to sell its Dublin-based aircraft leasing business to Sumitomo Mitsui Banking Corporation…

Tue Jan 17 2012 - 00:00

Passenger numbers on Dublin to Abu Dhabi route rise 15%

ABU DHABI’S national carrier Etihad Airways increased passenger traffic on its Dublin route last year by 15 per cent, making …

Tue Jan 17 2012 - 00:00

Digicel merger faces legal action in Jamaica

THE FAIR Trade Commission in Jamaica is taking legal action to try and reverse a government decision late last year to allow …

Mon Jan 16 2012 - 00:00

Nama head of lending exits agency

NATIONAL ASSET Management Agency (Nama) head of lending and corporate finance Graham Emmett has left the agency to return to …

Sat Jan 14 2012 - 00:00

Nama seeks loan repayment from Treasury Holdings company

IRISH LISTED property group Real Estate Opportunities, which is majority owned by Treasury Holdings, says the National Asset …

Sat Jan 14 2012 - 00:00

Nama extends £857m loan deadline

THE NATIONAL Asset Management Agency and other lenders have agreed to extend the deadline for payment on an £857 million loan…

Sat Jan 14 2012 - 00:00

No end in sight for Eircom troubles

ONE MORE THING: WE MIGHT be in to a new year, but the Eircom debt restructuring continues to rumble on.

Fri Jan 13 2012 - 00:00

New DAA chief avoids turbulence

ONE MORE THING : LAWYER Pádraig Ó Ríordáin safely negotiated the joint Oireachtas committee meeting this week on his appointment…

Fri Jan 13 2012 - 00:00

Eircom to seek third waiver from senior lenders

EIRCOM IS to seek a third waiver on its covenants from senior lenders as it continues talks to restructure its debts.

Fri Jan 13 2012 - 00:00

Beauchamps buys Landwell Solicitors

DUBLIN-BASED Beauchamps Solicitors has acquired Landwell Solicitors, the Irish branch of the international network of corporate…

Fri Jan 13 2012 - 00:00

Diageo plans €153m brewhouse at St James's Gate

DRINKS GIANT Diageo plans to invest €153 million to build a new brewhouse at its famous St James’s Gate brewery in Dublin…

Fri Jan 13 2012 - 00:00

To the Manor is born a positive outlook for year ahead

ONE MORE THING: AMID THE doom and gloom in the Irish retail sector, the operators of the Manor West retail and leisure complex…

Fri Jan 13 2012 - 00:00

Little Things

ONE MORE THING: Emirates’ inaugural flight from Dubai to Dublin on Monday brought at least a little cheer to our recession-blighted…

Fri Jan 13 2012 - 00:00

End €250,000 pay cap, says airport head

THE GOVERNMENT has been urged to remove the €250,000 cap on the salary of Dublin Airport Authority’s chief executive.

Thu Jan 12 2012 - 00:00

Nama prepares to take control of Treasury Holdings properties

THE NATIONAL Asset Management Agency is preparing to take control of a number of properties in Ireland owned by developer Treasury…

Thu Jan 12 2012 - 00:00

Nama loses patience with one of biggest borrowers on its books

TREASURY HOLDINGS is one of the top 10 borrowers on the books of the National Asset Management Agency, although the State body…

Thu Jan 12 2012 - 00:00

Banks to force sale of Belfry golf resort bought by Quinns

THE PRESTIGIOUS Belfry hotel and golf course near Birmingham, where Dublin golfer Paul McGinley sank the winning putt for Europe…

Wed Dec 28 2011 - 00:00

Rising bond yields send Italian bank shares lower

ITALIAN BANKING stocks were hit yesterday after the country’s bond yields rose on concerns over Rome’s plans to auction up to…

Wed Dec 28 2011 - 00:00

Bitbuzz boosts Wi-Fi hotspots by 30%

IRISH WIRELESS internet company Bitbuzz increased the number of hotspots that could receive its service by 30 per cent in 2011…

Tue Dec 27 2011 - 00:00

Schäuble adamant about EU tax on financial transactions

GERMANY’S FINANCE minister Wolfgang Schäuble has said he intends to press for the introduction of a controversial financial transaction…

Tue Dec 27 2011 - 00:00

Singapore backer withdraws Eircom debt proposals

EIRCOM’S SINGAPORE-based shareholder ST Telemedia has withdrawn its debt-restructuring proposal and resigned its representatives…

Sat Dec 24 2011 - 00:00

Republic's six regional airports to receive over €5m in State subsidies

THE STATE’S six regional airports have been allocated more than €5,392,334 by the Minister for Transport Leo Varadkar to cover…

Sat Dec 24 2011 - 00:00

State advised to keep duty-free firm

CONSULTING FIRM Booz has recommended to the Government that duty-free operator Aer Rianta International (ARI) should remain in…

Fri Dec 23 2011 - 00:00

Heathrow to Ireland routes to stay if BMI is bought

WILLIE WALSH, chief executive of the International Airlines Group (IAG), has indicated that he will retain BMI’s services from…

Fri Dec 23 2011 - 00:00

STT withdraws Eircom proposal

Eircom’s Singapore-based shareholder ST Telemedia has withdrawn its debt restructuring proposal and resigned its representatives…

Fri Dec 23 2011 - 00:00

Moran hopeful for hotel chain's prospects

INTERVIEW: Despite posting losses, Moran Bewleys Hotel group owners are looking at the positives

Fri Dec 23 2011 - 00:00

Risk-taker distilling spirit of enterprise

FRIDAY INTERVIEW: John Teeling, chairman of Cooley Distillery

Fri Dec 23 2011 - 00:00

Positive signs boost hopes of investors

Eurostoxx 50: 2,259.41 (+2.56%) Frankfurt DAX: 5,847.03 (+3.11%) Paris CAC: 3,055.39 (+2.73%)

Wed Dec 21 2011 - 00:00

Arthur Cox lawyer to become DAA chairman

CORPORATE LAWYER Pádraig Ó Ríordáin of Arthur Cox, who was a lead adviser to the government during the banking crisis, has agreed…

Wed Dec 21 2011 - 00:00

Teeling distils neat $95m as US giant buys Cooley whiskey

BACKGROUND: A Clontarf man nurtured his drink for a quarter of a century. Now he can raise his glass

Sat Dec 17 2011 - 00:00

Eircom lenders reject debt proposal

EIRCOM’S SENIOR lenders have rejected a debt restructuring proposal put forward earlier this week by majority shareholder Singapore…

Sat Dec 17 2011 - 00:00

Warm glow of satisfaction as whiskey firm is sold for $95m

ABOUT 290 shareholders of independent Irish whiskey maker Cooley Distillery were yesterday toasting the $95 million sale of the…

Sat Dec 17 2011 - 00:00

Commercial lawyer Shields to retire from firm

VETERAN COMMERCIAL lawyer Laurence K Shields has decided to retire from the Dublin-based practice that bears his name.

Sat Dec 17 2011 - 00:00

Start-up Fantom takes collectors' cards online

ONE MORE THING: GIVEN IT will be operating in a virtual world, Fantom is probably an appropriate name for the Dublin-based tech…

Fri Dec 16 2011 - 00:00

Greyhound board in broadcast deal with SIS

ONE MORE THING : IT LOOKS like a case of winner all right for the Irish Greyhound Board this week after it inked a two-year …

Fri Dec 16 2011 - 00:00

Study to explore work of intellectual property centre

CONSULTING GROUP Deloitte has been engaged by Minister for Jobs, Enterprise and Innovation Richard Bruton to carry out a study…

Fri Dec 16 2011 - 00:00

Troubled Eircom gets its wires crossed

ANALYSIS: Time is running out for Eircom in its high stakes poker game with lenders over €3.7bn debts

Fri Dec 16 2011 - 00:00

What future for Cork and Shannon?

ONE MORE THING: THE BOOZ report on future options for both Shannon and Cork airports leaves some questions unanswered.

Fri Dec 16 2011 - 00:00

Little Things

Accounts just filed for the Fitzwilliam Square Association Ltd, which maintains the “ornamental gardens” of the Georgian park…

Fri Dec 16 2011 - 00:00

Senior Eircom staff could receive 10% of equity if STT's proposal is accepted

EIRCOM’S SENIOR executives and other staff stand to receive up to 10 per cent of the company’s equity if Singapore-based STT’…

Thu Dec 15 2011 - 00:00

Call to split Shannon airport from DAA

CONSULTING GROUP Booz has recommended to the Government that Shannon airport be separated from the Dublin Airport Authority and…

Thu Dec 15 2011 - 00:00

Broker fined €50,000 over trading activity

IRISH STOCKBROKER JE Davy has been fined €50,000 by the Central Bank for failing to report certain trading activities between…

Sat Dec 10 2011 - 00:00

Eircom lenders to meet on debt

EIRCOM’S SYNDICATE of first-lien lenders will meet on Monday to discuss their co-ordinating committee’s proposal to take over…

Sat Dec 10 2011 - 00:00

Shannon options get grounded

ONE MORE THING: WHILE WE await Booz’s findings into its reviews of options for Cork and Shannon Airports, I have managed to …

Fri Dec 09 2011 - 00:00

Swede in high spirits over rise of Jameson

FRIDAY INTERVIEW : Anna Malmhake, chair and CEO of Irish Distillers

Fri Dec 09 2011 - 00:00

Is ICG the safest dividend in town?

ONE MORE THING: Irish Continental Group’s cash-generating ability was highlighted this week in a report by Merrion Stockbrokers…

Fri Dec 09 2011 - 00:00

INM seeks pay cuts from senior executives

INDEPENDENT NEWS Media (INM) is seeking pay cuts of up to 5 per cent from its senior executives and managers, including chief…

Fri Dec 09 2011 - 00:00

The EU Cap still fits for Ireland's farmers

ONE MORE THING : MUCH IS being made of the ability of our agriculture sector to help drive a recovery in the economy.

Fri Dec 09 2011 - 00:00
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