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  • Weather Forecast

Recession predicted to continue into 2009

Economic growth will contract this year and next and unemployment is expected to reach 7

Fri Oct 03 2008 - 01:00

Staff in AIG's Irish operation 'unaffected' by changes

The Irish operations and 400 staff of American International Group will not be affected by the sell-off of units following its…

Fri Oct 03 2008 - 01:00

No 'advantage' given to Goodbody

IRISH STOCKBROKING: THE EXTENSION of the Government’s bank-guarantee scheme to Goodbody stockbrokers – as a subsidiary of AIB…

Fri Oct 03 2008 - 01:00

Guarantee needed to stabilise financial system - Hurley

Central Bank Governor John Hurley said the Government's new bank guarantee plan was introduced to “protect the stability of the…

Fri Oct 03 2008 - 01:00

Irish Nationwide says e-mail 'inappropriate and regrettable'

Irish Nationwide has described an e-mail circulated by the son of the building society's boss Michael Fingleton seeking new deposits…

Fri Oct 03 2008 - 01:00

Manufacturing output continues to deteriorate

IRISH MANUFACTURING deteriorated last month as output, new orders and employment levels dropped sharply, according to data released…

Thu Oct 02 2008 - 01:00

NIB to seek inclusion under State bank guarantee

National Irish Bank (NIB) is to apply to be included under the Government's bank guarantee scheme.

Thu Oct 02 2008 - 01:00

Oil price drop and new jobs boost public confidence

CONSUMER SENTIMENT rose modestly in September as a drop in oil prices and a number of new job announcements combined to produce…

Wed Oct 01 2008 - 01:00

Irish manufacturing contracts in September

Irish manufacturing deteriorated last month as output, new orders and employment levels dropped sharply, according to data released…

Wed Oct 01 2008 - 01:00

Number signing on increases by 50 per cent in 12 months

The number of people signing on the Live Register rose by nearly 50 per cent over the last year, according to figures released…

Wed Oct 01 2008 - 01:00

IL&P chief says guarantee will bring 'stability'

The Government's guarantee for all bank deposits will bring stability to the Irish financial system, Irish Life & Permanent…

Wed Oct 01 2008 - 01:00

Paying for a swift alternative

New 'emergency' clinics are opening for those of us prepared to pay to avoid having to wait hours for treatment

Tue Sept 30 2008 - 01:00

Consumer sentiment rises for second month in September

Consumer sentiment rose modestly in September as drop in oil prices and a number of new job announcements combined to produce…

Tue Sept 30 2008 - 01:00

Circle Oil pretax loss widens to $2.15m

DUBLIN-BASED oil and gas exploration group Circle Oil lost $2.15 million (€1

Mon Sept 29 2008 - 01:00

Isme seeks wage, recruitment freeze for public sector

Business representative organisation Isme today called for a one-year wage freeze and a two-year recruitment ban for public servants…

Mon Sept 29 2008 - 01:00

Kerry lodges appeal of ban on Breeo takeover

Kerry Group has begun a High Court appeal against a ruling from the Competition Authority blocking its its €165 million purchase…

Mon Sept 29 2008 - 01:00

Government response to slowdown criticised by SFA

The representative group for small businesses has criticised the Government’s response to the worsening economic situation.

Thu Sept 25 2008 - 01:00

Funds reveal short bets on Irish banks

SEVEN INTERNATIONAL hedge funds that have bet hundreds of millions of euro on a fall in the share price of Irish bank stocks …

Thu Sept 25 2008 - 01:00

Getmobile pretax profits rise 47% to €1.65m

Mobile phone company Getmobile has reported a 47 per cent rise in pretax profits to €1

Wed Sept 24 2008 - 01:00

Providence profits rise on increased production

Irish oil and natural-gas explorer Providence Resources has reported a 12-fold increase in revenues for the six months to the…

Wed Sept 24 2008 - 01:00

Hoteliers request 'seasonal funding'

Hoteliers have called on the Government to provide access to “seasonal funding” to help them trade through what is expected to…

Sun Sept 21 2008 - 01:00

House prices fall 10% in year to August

The pace of house price decline accelerated in August, falling by an average of 0

Fri Sept 19 2008 - 01:00

Waterford Wedgwood shares plunge 60%

Shares in Waterford Wedgwood have plummeted by 60 per cent today as the stock retreated for a second day after the company announced…

Thu Sept 18 2008 - 01:00

Manufacturing prices fall in year to August

The prices of goods leaving the factory gate were 1

Thu Sept 18 2008 - 01:00

Survey shows 15% of employers plan to cut staff numbers

THE WORSENING economic climate means 15 per cent of employers here plan to reduce staff numbers before the end of the year, according…

Thu Sept 18 2008 - 01:00

515 drivers hit 12 penalty points

A TOTAL of 515 motorists have been put off the road for six months, having accrued 12 or more penalty points in the six years…

Wed Sept 17 2008 - 01:00

BoI halves dividend, warns of 'difficult' market

Bank of Ireland has halved its dividend after warning this morning its first half profits would be lower than last year's due…

Wed Sept 17 2008 - 01:00

PCH receives $21m in venture funding

Supply chain group PCH has secured $21 million from three venture capital funds to allow it to expand.

Wed Sept 17 2008 - 01:00

15% of Irish employers plan to cut jobs - survey

The worsening economic climate means 15 per cent of Irish employers plan to reduce staff numbers before the end of the year, …

Wed Sept 17 2008 - 01:00

First Derivatives buys US marketing firm

Newry-based software firm First Derivatives has purchase US-based technology marketing company Marketing Resources Partners for…

Mon Sept 15 2008 - 01:00

DCC buys drinks distributor for €9.6m

DCC has purchased wine and spirits distribution business FindlaterGrants from C&C Group for an estimated €9.6 million.

Mon Sept 15 2008 - 01:00

Agribusiness offsets poor dairy returns at Donegal Creameries

DONEGAL CREAMERIES yesterday reported a 16.5 per cent rise in turnover to €69

Sat Sept 13 2008 - 01:00

Agribusiness boosts Donegal Creameries turnover

Donegal Creameries today reported a 16.5 per cent rise in turnover to €69

Fri Sept 12 2008 - 01:00

Hope of Lehman buyer lifts stock markets

Stocks in Europe and Asia rose for the first time in four days on speculation that a buyer can be found for Lehman Brothers and…

Fri Sept 12 2008 - 01:00

Fyffes first-half pretax profits increase by 124%

FRUIT IMPORTER Fyffes has reported a 124 per cent rise in first-half pretax profits to €35

Fri Sept 12 2008 - 01:00

Retail sales fell 3.5% in year to July

The volume of retail sales fell by 3

Fri Sept 12 2008 - 01:00

Cheaper food and fuel see inflation drop to 4.3%

CHEAPER FUEL and a third monthly drop in food prices saw the cost of living ease slightly in August as the annual rate of inflation…

Fri Sept 12 2008 - 01:00

Iseq falls over 1% as banks give up gains

The Dublin market was down over 1 per cent by mid-afternoon as banks continued to surrender the gains that followed the US government…

Thu Sept 11 2008 - 01:00

Minco reports $378,000 pretax loss

Exploration company Minco has reported a pretax loss of $378,000 for the six months to the end of June, compared with a loss …

Thu Sept 11 2008 - 01:00

Fyffes pretax profit doubles on higher prices

Fruit importer Fyffes has reported a 124 per cent rise in first-half pre tax profits to €35

Thu Sept 11 2008 - 01:00

Cheaper fuel and food sees inflation ease to 4.3%

Cheaper fuel and a third monthly drop in food prices saw the cost of living ease slightly in August as the annual rate of inflation…

Thu Sept 11 2008 - 01:00

Price fall sees Greencore withdraw share offer

Greencore has withdrawn a scrip dividend offer for shareholders due to a sharp fall in the company’s shares in recent months…

Wed Sept 10 2008 - 01:00

Andor directors withdraw support for bid

The directors at Northern Ireland-based camera manufacturer Andor Technologies have withdrawn their acceptance of a takeover …

Wed Sept 10 2008 - 01:00

Chemicals push July production down - CSO

A decline in the production of chemicals was the main reason behind a 4

Wed Sept 10 2008 - 01:00

Dublin market lower ahead of Lehman decision

The Dublin market was almost 2 per cent lower today as the main financial stocks tracked lower ahead on an announcement from …

Wed Sept 10 2008 - 01:00

Magnet to offer television channels for free

Irish broadband provider Magnet Networks is to offer free online access to a number of domestic television channels with no requirement…

Tue Sept 09 2008 - 01:00

Airlines, banks push Dublin market higher

The Iseq Index of Irish shares was in positive territory this afternoon as the impetus from the US government's take over of …

Tue Sept 09 2008 - 01:00

AGI Therapeutics reports loss of €8.9m

Gastro-intestinal drugs development firm AGI Therapeutics has reported an $8

Tue Sept 09 2008 - 01:00

BoI launches second nursing home fund

Bank of Ireland has launched a second €75 million fund aimed at the domestic nursing home sector.

Tue Sept 09 2008 - 01:00

Markets soar on back of Fannie and Freddie bailout

Stock markets across Europe and Asia soared today after Washington bailed out mortgage firms Fannie Mae and Freddie Mac to salvage…

Mon Sept 08 2008 - 01:00
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