Rothwell-Moonduster seek more time for ICG bidEAMONN ROTHWELL and the Philip Lynch-led Moonduster consortium have requested an extension to the deadline for them to make an…Thu Mar 19 2009 - 00:00
Rothwell and Moonduster set to bid for ICGEAMONN ROTHWELL and the Philip Lynch-led Moonduster consortium are preparing to table a joint bid of up to €15 a share for listed…Wed Mar 18 2009 - 00:00
Setanta investment written downTWO OF Setanta Sport’s biggest shareholders have written down their investments in the Dublin-based pay TV broadcaster following…Tue Mar 17 2009 - 00:00
Ryanair to cut back on flights from DublinRYANAIR CHIEF executive Michael O’Leary yesterday said the airline would continue to pare back its services from Dublin airport…Tue Mar 17 2009 - 00:00
DAA expects decline in passengers due to recessionTHE DUBLIN Airport Authority (DAA) has told the aviation regulator that it expects passenger traffic at Dublin airport to decline…Mon Mar 16 2009 - 00:00
Claret, SRT managers could bid for businessA GROUP of senior managers at SR Technics’s aircraft maintenance facility in Dublin is believed to have teamed up with Irish …Mon Mar 16 2009 - 00:00
Former bosses seek control of PayzoneFORMER PAYZONE executives John Nagle and John Williamson, who were sacked by the group last March, are preparing to wrestle control…Fri Mar 13 2009 - 00:00
UTV shares up 29% in Dublin despite advertising concernsSHARES IN Belfast-based broadcaster UTV rose by 29 per cent in Dublin yesterday in spite of the company warning of sharp declines…Fri Mar 13 2009 - 00:00
Digicel seals $335m corporate bond dealDENIS O’BRIEN’S Caribbean-based mobile phone group Digicel yesterday confirmed that it has completed a $335 million (€260 million…Thu Mar 12 2009 - 00:00
Aer Lingus reports loss of €120m before tax due to exceptional chargesAER LINGUS could record an operating loss of up to €55 million if fares continue to be driven down by the recession, the company…Thu Mar 12 2009 - 00:00
Johnston Press not expected to sell Irish papers as job lotBRITISH MEDIA group Johnston Press is not expected to sell its Irish regional newspapers as a job lot, according to industry …Thu Mar 12 2009 - 00:00
Revenue of almost €3bn drives Topaz operating profitIRISH-OWNED fuel provider Topaz Energy increased turnover by 20 per cent and more than doubled its operating profit in its first…Wed Mar 11 2009 - 00:00
Digicel fails to raise $435m in fundsDENIS O’BRIEN has come up shy in his attempt to raise $435 million (€344 million) for his Digicel mobile phone operations in …Tue Mar 10 2009 - 00:00
ICG board sets deadline for bid by consortiumTHE BOARD of Irish Continental Group (ICG) has set March 18th as the deadline for its chief executive Eamonn Rothwell and the…Tue Mar 10 2009 - 00:00
Ferry takeover looks ready for launch if banks provide fundsANALYSIS: AFTER SEVERAL months of just drifting along, there is finally some movement in the long-running takeover saga that…Tue Mar 10 2009 - 00:00
Big cuts in car parking rates at Dublin airportCAR PARKING rates at Dublin airport have been slashed as the State-owned Dublin Airport Authority (DAA) and private operator …Sat Mar 07 2009 - 00:00
Aer Lingus records 8.4% fall in customer numbers in FebruaryTHE RECENT decline in Aer Lingus’s passenger traffic continued in February, with the airline recording an 8Sat Mar 07 2009 - 00:00
Eircom gravy train going off the railsEIRCOM’S UNIMPRESSIVE financial results last week prompted Communications Workers’ Union (CWU) leader Steve Fitzpatrick to issue…Fri Mar 06 2009 - 00:00
Rivals 'Herald AM' and 'Metro' in merger talksINDEPENDENT NEWS Media (INM) is in advanced talks with The Irish Times Ltd and Associated Newspapers to merge its Herald AM freesheet…Fri Mar 06 2009 - 00:00
Aer Lingus may have after-tax losses of up to €150m, says O'LearyRYANAIR CHIEF executive Michael O’Leary has predicted that Aer Lingus will announce after- tax losses of €100-€150 million when…Fri Mar 06 2009 - 00:00
Dublin Airport Authority gets lower credit ratingDUBLIN AIRPORT Authority (DAA) yesterday had its credit rating downgraded by Standard & Poor’s (S&P), reflecting a recent…Wed Mar 04 2009 - 00:00
Setanta may have missed €10m payment to FADUBLIN-BASED pay TV broadcaster Setanta Sports is believed to have missed a £10 million instalment payment to the Football Association…Wed Mar 04 2009 - 00:00
O'Brien stands to make $260m from Digicel dealMULTIMILLIONAIRE businessman Denis O’Brien looks set to earn $260 million (€207 million) from the sale of a 40 per cent equity…Wed Mar 04 2009 - 00:00
O'Brien's Digicel to launch $435m bond issueDENIS O’BRIEN intends to raise $435 million (€345Tue Mar 03 2009 - 00:00
Alcohol consumption down 6% to 1997 levelsALCOHOL CONSUMPTION declined by 6 per cent last year, bringing it back to 1997 levels, according to a drinks industry report.Tue Mar 03 2009 - 00:00
Competition Authority warns against cartelsTHE COMPETITION Authority has warned against diluting current merger rules in a bid to counteract the effects of the recession…Tue Mar 03 2009 - 00:00
BoSI says losses of €250m 'not unexpected'BANK OF Scotland (Ireland) made a loss of €250 million for 2008, bringing to an end 15 years of growth for the bank here.Sat Feb 28 2009 - 00:00
Bad bank strategy 'coming soon'HAVING BEEN a vocal critic of the Government’s decision to guarantee the loans and deposits of Irish-owned banks last September…Sat Feb 28 2009 - 00:00
O'Brien takes a knife to cost baseBRIAN COWEN could do worse that appoint Denis O’Brien as minister for cutbacks judging by the speed at which he has slashed costs…Fri Feb 27 2009 - 00:00
High-flyer wanted for DAA role as McGann disembarksAFTER FIVE years as chairman, Gary McGann disembarked this week from the Dublin Airport Authority, with a large nudge from Minister…Fri Feb 27 2009 - 00:00
Little ThingsUK-BASED aviation analyst Andrew Lobbenberg has an interesting take on Ryanair’s reasons to pull routes from Dublin airport this…Fri Feb 27 2009 - 00:00
Oyster comes out of its shell for 3SOME LIGHT is appearing at the end of the tunnel for Emmet Memery’s Oyster Telecom.Fri Feb 27 2009 - 00:00
Believe our PR, spin doctors ask CowenIRELAND’S TOP spin doctors have decided they need to work on their message if they are to stop bleeding lucrative Government …Fri Feb 27 2009 - 00:00
Quinlan Private nets profit from hotel saleDUBLIN-BASED investment group Quinlan Private has sold its interest in a four-star hotel in Frankfurt, netting a tidy profit …Thu Feb 26 2009 - 00:00
APN profits slide amid 'most challenging' conditions yetINDEPENDENT NEWS & Media’s Sydney-based associate, APN News & Media, yesterday reported a steep decline in profitability…Thu Feb 26 2009 - 00:00
Revenues at UPC rise 7.9% to €242mREVENUES AT UPC Ireland, the cable TV and telecoms provider that owns NTL and Chorus, grew by 7Wed Feb 25 2009 - 00:00
Guinness is good for himINTERVIEW/JOHN KENNEDY, DIAGEO IRELAND: DIAGEO IRELAND managing director John Kennedy smiles, allows himself a minute to think…Fri Feb 20 2009 - 00:00
Jameson tastes success abroad but sales decline in home marketSALES OF Jameson Irish whiskey grew by 7 per cent worldwide in the six months to the end of December 2008 but the brand declined…Sat Feb 14 2009 - 00:00
Setanta facing €225m loan note debtIRISH PAY TV broadcaster Setanta Sports is faced with having to pay back €225 million in loan notes in November 2010, according…Sat Feb 14 2009 - 00:00
Station taken off air as revenue crisis bursts Bubble HitsIRISH MUSIC TV station Bubble Hits, which is half-owned by successful concert promoter Denis Desmond, was taken off air yesterday…Sat Feb 14 2009 - 00:00
Guinness sales surge in half yearSALES OF Guinness in Ireland grew by 2 per cent in the six months to the end of December, reversing a decline of recent years…Fri Feb 13 2009 - 00:00
Ryanair to trim routes and 200 jobs at Dublin airportAIRLINE CUTBACKS: RYANAIR SAID yesterday that it would reduce its fleet of aircraft at Dublin airport this summer from 22 to…Fri Feb 13 2009 - 00:00
Newstalk boss Geraghty steps downELAINE GERAGHTY has stepped down as chief executive of the Denis O’Brien-owned Newstalk FM national radio station.Wed Feb 11 2009 - 00:00
Tesco stops giving personal loans in RepublicTESCO HAS confirmed that its personal finance arm in Ireland has “temporarily halted” issuing personal loans here but says its…Wed Feb 11 2009 - 00:00
Western Union deal nets Fexco $159mIRISH FINANCIAL services group Fexco has netted $159Wed Feb 11 2009 - 00:00
Johnston Press in talks to sell 'Echo' to ex-ownerBRITISH MEDIA group Johnston Press is believed to be in advanced talks to sell the Tallaght-based Echo weekly newspaper to former…Tue Feb 10 2009 - 00:00
Setanta seeks to raise £159m for live soccer rightsIRISH PAY TV broadcaster Setanta Sports has hired London-based merchant bank Close Brothers to raise at least £159 million (€…Mon Feb 09 2009 - 00:00
Figures show construction sector activity at record lowACTIVITY IN the Irish construction sector slowed last month to its lowest level since data was first collected in June 2000, …Mon Feb 09 2009 - 00:00
Ulster Bank yet to decide on bonus paymentsULSTER BANK said yesterday that no decision had been made on the payment of 2008 bonuses to staff in Ireland.Mon Feb 09 2009 - 00:00
Sky beats Setanta in rights dealIRISH PAY TV broadcaster Setanta Sports was dealt a blow yesterday when the English Premier League announced that from the 2010…Sat Feb 07 2009 - 00:00
