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Britvic Ireland's quarterly revenues fall 2.9%

Britvic's Irish division, which owns the Ballygowan and Club Orange brands, said the market here deteriorated sharply at the …

Wed Jan 28 2009 - 00:00

Sales discounts fail to lift consumer sentiment

Discounting by retailers during the January sales created created a strong buying climate but the majority of Irish consumers…

Wed Jan 28 2009 - 00:00

Ireland set to record highest budget deficit in EU - report

IRELAND IS expected to record the highest budget deficit in the European Union as a percentage of its gross domestic product (…

Wed Jan 28 2009 - 00:00

Cork-based firm to cut 50 jobs over next year

Cork-based pharmaceutical company GE Healthcare is to cut up to 50 jobs over the next 12 months in response to a “plateau in …

Tue Jan 27 2009 - 00:00

Philips to cut 6,000 staff and suspend share buyback

Philips Electronics, Europe’s largest maker of consumer electronics, said it will cut 6,000 jobs and halt its share buyback program…

Mon Jan 26 2009 - 00:00

Pfizer to acquire rival Wyeth for $68 billion

Pfizer is to acquire US rival Wyeth for about $68 billion the two companies have announced.

Mon Jan 26 2009 - 00:00

750 jobs to go in First Active merger with Ulster Bank

The Ulster Bank Group has announced 750 redundancies in Ireland and the ending of the former building society First Active brand…

Mon Jan 26 2009 - 00:00

IN&M expects 10% fall in 2008 operating profit

Independent News & Media (IN&M) said it expects a ten per cent fall in operating profit this year to between €240 million…

Mon Jan 26 2009 - 00:00

Ulster Bank job losses may be 'first of thousands'

The 750 job losses announced by the Ulster Bank Group this morning may be the first of thousands of losses in the troubled sector…

Mon Jan 26 2009 - 00:00

Ikea to open Dublin store on Monday July 27th

Ikea is to open its new superstore in Dublin on Monday July 27th, the company announced today.

Fri Jan 23 2009 - 00:00

AIB and Bank of Ireland shares rise over 20%

Shares in the State’s two main banks continued their strong performance this afternoon with AIB gaining almost 30 per cent and…

Fri Jan 23 2009 - 00:00

Deposit security main concern for 43% of savers, survey finds

SECURITY RATHER than the interest rate on offer is the priority for Irish-based savers in deciding where to put their money, …

Fri Jan 23 2009 - 00:00

Retail sales down 8.1% as consumer spending slumps

Retail sales volumes were 8

Fri Jan 23 2009 - 00:00

Stake in Polish bank not for sale, says AIB

AIB HAS rejected as “mischievous” media reports in a Polish newspaper yesterday that it is considering a sale of its stake in…

Thu Jan 22 2009 - 00:00

Manufacturing prices up 2.2% in year to December

Prices for goods leaving Irish-based factory gates increased 2

Thu Jan 22 2009 - 00:00

AIB rejects 'mischievous' reports regarding Polish unit

AIB has rejected as “mischievous” media reports in a Polish newspaper today that it is considering a sale of its stake in its…

Wed Jan 21 2009 - 00:00

Spanish firm wins NCT deal

SPANISH MULTINATIONAL testing and services group Applus RTD has emerged as the winner of the new 10-year national car testing…

Wed Jan 21 2009 - 00:00

Railway bridge delays cost Government millions

THE STATE is paying out millions of euro in compensation to road contractors as a result of delays by Iarnród Éireann in approving…

Wed Jan 21 2009 - 00:00

Share prices not indicative of banks' strength, says Hurley

The current share prices of AIB and Bank of Ireland “are not indicative” of the true health of these banks, the governor of the…

Wed Jan 21 2009 - 00:00

Dragon has $867m for investments

Dublin-listed oil and gas producer Dragon Oil has accumulated $867 million (€670million) in cash to fund investments and possible…

Tue Jan 20 2009 - 00:00

Lenihan rules out nationalisation of AIB, BoI

The Government will ensure AIB and Bank of Ireland are not nationalised and will proceed with a planned recapitalisation, the…

Tue Jan 20 2009 - 00:00

Anglo Irish directors step down, bank downgraded

The five remaining directors at Anglo Irish Bank have informed the bank’s chairman Donal O'Connor of their intention to step …

Mon Jan 19 2009 - 00:00

Irish economy to be among worst performing in EU

Ireland is forecast to have the second weakest economic performance in the European Union this year and any recovery is likely…

Mon Jan 19 2009 - 00:00

Most lenders to pass on 0.5% rate cut to customers

MOST LENDERS have said that they will pass on in full to mortgage customers the interest rate cut announced yesterday by the …

Fri Jan 16 2009 - 00:00

Lenihan says no option other than to nationalise Anglo Irish

The Government had “no option” other than to nationalise Anglo Irish Bank and will consider using the bank as a repository for…

Fri Jan 16 2009 - 00:00

Ryanair won't raise Aer Lingus offer above €2

Ryanair has indicated that it may increase its offer for Aer Lingus – subject to shareholder interest – but any new offer will…

Fri Jan 16 2009 - 00:00

Inflation falls to 12-year low of 1.1% in December

The annual rate of inflation dropped to a 12-year low of 1

Thu Jan 15 2009 - 00:00

41% of architects set to lose their jobs - report

Two out of every five architects will have lost their jobs during the 15-month period between January 2008 and March this year…

Thu Jan 15 2009 - 00:00

Mortgage costs fall again as ECB cuts rates to 2 per cent

The European Central Bank cut its benchmark interest rate by 50 basis points to 2 per cent this afternoon, matching its lowest…

Thu Jan 15 2009 - 00:00

Fine Gael to oppose Anglo Irish recapitalisation

Fine Gael said this evening it will not back an emergency €1

Wed Jan 14 2009 - 00:00

Zavvi closes 19 stores, including Blanchardstown

Music, games and DVD company Zavvi has decided to close another 19 stores, including its outlet at Blanchardstown, Dublin.

Wed Jan 14 2009 - 00:00

Food firm's directors waive bonuses

THE EXECUTIVE directors of Greencore have waived their performance bonuses for 2008, the year the company discovered a €21 million…

Tue Jan 13 2009 - 00:00

Elan shares up, hires consultants for fundraising

Shares in Elan rose by almost 12 per cent in early trade in Dublin on news that the company has hired Citigroup Global Markets…

Tue Jan 13 2009 - 00:00

Unemployment doubles in 12 towns during 2008

Twelve towns have seen the number of residents signing on for unemployment benefits double during 2008.

Tue Jan 13 2009 - 00:00

Glanbia forecasts 17% earnings rise for 2008

Food group Glanbia expects adjusted earnings per share growth of about 17 per cent for 2008, in line with analysts’ estimates…

Tue Jan 13 2009 - 00:00

Ormonde raises estimate for tungsten mine in Spain

Ormonde Mining, the IEX-listed exploration group, has said its drilling programme in Spain has found the reserves could support…

Mon Jan 12 2009 - 00:00

'Shock' as Gulf Air ends SR Technics contract

THE AIRCRAFT maintenance firm SR Technics has said one of its largest customers, Gulf Air, is terminating a maintenance contract…

Sat Jan 10 2009 - 00:00

Standard & Poor's revises down outlook for Irish economy

Standard & Poor’s has revised down its outlook on the Republic of Ireland to negative from stable and warned that it may …

Fri Jan 09 2009 - 00:00

Dell pull-out may cut exports by 6%

THE DECISION by Dell to move its European manufacturing to Poland could reduce the value of Irish exports by up to 6 per cent…

Fri Jan 09 2009 - 00:00

Gulf Air cancels maintenance contract with SR Technics

Aircraft maintenance firm SR Technics has said one of its largest customers Gulf Air is terminating a maintenance contract.

Fri Jan 09 2009 - 00:00

Unemployment rises to ten-year high of 8.3% in December

Unemployment rose to ten-year high of 8

Fri Jan 09 2009 - 00:00

Regulator finds some mortgage brokers 'unaware of rules'

An investigation by the Financial Regulator into allegations of a potential conflict of interest between mortgage brokers and…

Thu Jan 08 2009 - 00:00

Tullow reports positive findings in Ghana drilling

Exploration company Tullow Oil said this morning its Mahogany-3 well off Ghana had found “light oil columns” confirming a “significant…

Thu Jan 08 2009 - 00:00

Cheaper fuel, mortgages boost sentiment

CONSUMER SENTIMENT ended 2008 on a relative high as sharp reductions in mortgage and fuel costs boosted household spending power…

Thu Jan 08 2009 - 00:00

Dell decision to hurt Irish exports, says IEA

The decision by Dell to move its European manufacturing to Poland could reduce the value of Irish exports by up to 6 per cent…

Thu Jan 08 2009 - 00:00

Aer Lingus December passenger traffic falls 4.6%

A slowdown in Aer Lingus passengers on its long-haul routes to the United States contributed to an overall year-on-year fall …

Thu Jan 08 2009 - 00:00

Record job losses in services sector

IRELAND'S SERVICES sector shed jobs at the fastest rate in more than eight years in December with companies struggled with the…

Wed Jan 07 2009 - 00:00

Falling mortgage and fuel costs boost consumer confidence

Consumer sentiment ended 2008 on a relative high as sharp reductions in mortgage and fuel costs boosted household spending power…

Wed Jan 07 2009 - 00:00

McAteer resigns as Anglo Irish finance director

Anglo Irish Bank said today finance director and chief risk officer William McAteer has resigned from the bank and the board.

Wed Jan 07 2009 - 00:00

Crash site inspections on hold

A system to inspect the sites of serious road crashes to determine if environmental or road factors contributed has stalled because…

Wed Jan 07 2009 - 00:00
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