Landsbanki pays €41m for extra 17% stake in MerrionICELANDIC BANK Landsbanki has paid about €41 million for an additional 17 per cent stake in Merrion Landsbanki, bringing its …Fri Aug 01 2008 - 01:00
Strength in diversityPENSION FUNDS should diversify into asset classes that have a low correlation with equities in order to provide pension funds…Fri Aug 01 2008 - 01:00
Growth in private sector lending hits five-year lowPRIVATE SECTOR lending has fallen back to levels last seen five years ago, as the annual rate of increase in private sector credit…Fri Aug 01 2008 - 01:00
Banks rally but bad news from Elan sees market slumpMARKET REPORT: DESPITE A rally from financial stocks, the Irish market closed down 3Thu Jul 31 2008 - 01:00
Providence raises €42m in bond issueEXPLORATION COMPANY Providence Resources has raised €42 million in a convertible bond issue which will be used to fund drilling…Wed Jul 30 2008 - 01:00
Hannover profits fell 74.2 % last yearPROFITS AT Hannover Reinsurance (Ireland) Limited, the largest reinsurance company at the International Financial Services Centre…Mon Jul 28 2008 - 01:00
Union accepts NIB hybrid pension planA NEW hybrid pension scheme at National Irish Bank (NIB) has been given the green light by finance trade union IBOA, whose members…Sat Jul 26 2008 - 01:00
Anglo falls 8.2% as Iseq endures volatile dayDUBLIN REPORT: IT WAS another volatile day for the Irish market yesterday, as the Iseq fell 1Sat Jul 26 2008 - 01:00
Boom to bust for syndicate membersThe credit crunch has brought the commercial property market, and the involvement of syndicates, to a halt, writes Fiona Reddan…Fri Jul 25 2008 - 01:00
Banks push Iseq into negative territoryIt was another volatile day on the Irish market, as the Iseq fell by 1Fri Jul 25 2008 - 01:00
Iseq drops 4% on a day of volatile tradingDUBLIN REPORT: THE IRISH market closed down almost 4 per cent yesterday, dropping by 203.1 points to 4956Fri Jul 25 2008 - 01:00
Sales of Jameson up 15% in year to JuneSALES OF Jameson whiskey grew by 15 per cent globally in the 12 months to June, its highest growth rate in the last decade, according…Fri Jul 25 2008 - 01:00
Shareholders at IAWS vote in favour of merger with Swiss bakery group HiestandSHAREHOLDERS OF Irish food group Iaws yesterday voted in favour of a merger with Swiss bakery group Hiestand, writes Fiona Reddan…Fri Jul 25 2008 - 01:00
Fineos wins claims service contract with public insurerFINEOS, THE Irish insurance software provider, has won another contract to provide claims management services for a public insurer…Fri Jul 18 2008 - 01:00
Single EU market created for investment fundsIRELAND'S €2 trillion funds industry is set to benefit from the introduction of a new European framework for investment funds…Thu Jul 17 2008 - 01:00
Friends First economist predicts housing market crash of up to 45%THE FALTERING Irish property market may turn into one of the worst housing crashes in European history, with Friends First predicting…Wed Jul 16 2008 - 01:00
€1.5bn in funding available for AryztaARYZTA, THE company created from the merger of food group IAWS with Swiss company Hiestand, will have access to about €1Tue Jul 15 2008 - 01:00
US move triggers modest reboundMARKET REPORT: THE IRISH market staged a slight rebound yesterday, as the US government's intervention to save Freddie Mac and…Tue Jul 15 2008 - 01:00
Irish bonds not keeping pace with European equivalentsIRISH GOVERNMENT bonds are under-performing their European peers as the faltering housing market combined with sharply deteriorating…Tue Jul 15 2008 - 01:00
OVER THE HEDGEHEDGE FUNDS: The credit crunch of 2007 and the ongoing economic climate has meant that hedge funds are facing harsh realities…Mon Jul 14 2008 - 01:00
CC blames weather and economy for decline at Bulmers and MagnersREVENUE FOR the first half of the year at drinks group CC is "unlikely" to match last year's level, as a weakening economy combined…Sat Jul 12 2008 - 01:00
Number of firms being wound up increases by 76%CORPORATE FAILURES have increased by 76 per cent in the first six months of the year, as failures among small developers and …Fri Jul 11 2008 - 01:00
Panel calls for Financial Regulator to monitor global market trendsTHE FINANCIAL services industry has called on the Financial Regulator to introduce a specific unit dedicated to monitoring developments…Fri Jul 11 2008 - 01:00
Inflation rises for fifth month in a rowINFLATION ROSE for the fifth consecutive month in June, as inflationary pressures arising from external factors such as very …Fri Jul 11 2008 - 01:00
Agri-Energy buys Enva's FoodserviceAGRI-ENERGY, the renewable energy company, has moved a step closer to its goal of becoming a major biofuel supplier through its…Fri Jul 11 2008 - 01:00
Banks give grim economic forecastsULSTER BANK and National Irish Bank (NIB) have both published grim economic forecasts as the outlook continues to be dragged …Thu Jul 10 2008 - 01:00
An Post to seek €30m in subsidies to meet cost of universal roleAN POST will seek annual subsidies of some €30 million to meet the cost of its universal service obligations (USOs) once the …Thu Jul 10 2008 - 01:00
Financials bounce back on buoyant US marketDUBLIN REPORT: IRISH FINANCIAL stocks staged a rebound yesterday, after losing €1.8 billion in value the day before.Thu Jul 10 2008 - 01:00
Two staff ill as disease is traced to workplaceTWO STAFF members at the Dublin headquarters of insurance firm Allianz have been diagnosed with the potentially fatal legionnaires…Wed Jul 09 2008 - 01:00
Grim economic forecasts issued by banksUlster Bank and National Irish Bank (NIB) have both published grim economic forecasts as the economic outlook continues to be…Wed Jul 09 2008 - 01:00
Irish financial stocks stage reboundIrish financial stocks staged a rebound today, after losing €1.8 billion in value the day beforeWed Jul 09 2008 - 01:00
Clothing chain reports profit but expects sales to remain flatMOSAIC FASHIONS Ireland, which includes the Oasis, Coast and Karen Millen women's fashion chains, expects sales to remain flat…Tue Jul 08 2008 - 01:00
Dublin office workers contract Legionnaires' diseaseTwo staff members of insurance firm Allianz have been diagnosed with the potentially fatal Legionnaires’ disease, after contracting…Tue Jul 08 2008 - 01:00
Do it yourself - the best investment advice that money can buyBOOK REVIEW: THE WALL Street Self-Defense Manual is, in its defence, not just another throwaway paperback aimed at the "get …Mon Jul 07 2008 - 01:00
Website points charities in direction of new fundingIRISH CHARITIES looking for an efficient and cost-effective way to diversify their funding should find help on a new website, …Fri Jul 04 2008 - 01:00
Origin takes 20% stake in Continental Farmers in €12m dealORIGIN ENTERPRISES, the IEX-listed agri-nutrition and food company, is to expand its operations in eastern Europe following its…Fri Jul 04 2008 - 01:00
Monthly mortgage to rise by €39CONSUMERS CAN expect to pay an extra €39 a month on average to service their mortgage following the European Central Bank’s (…Fri Jul 04 2008 - 01:00
Charities set to benefit from top marketing adviceEXPERIENCED MARKETING professionals looking to give something back can now offer their services to a wide range of charities …Fri Jul 04 2008 - 01:00
Top financial services lawyers on the moveMAPLES, ONE of Ireland’s newest law firms, has poached two of the State’s leading financial services lawyers from AL Goodbody…Thu Jul 03 2008 - 01:00
CRH shares fall 12.7% as firm warns of lower profitsSHARES IN building materials giant CRH fell by 12Thu Jul 03 2008 - 01:00
Lay-offs up 30% in first half of 2008AS THE economy continues to slow, the number of redundancies continue to rise, with the latest statistics showing that redundancies…Wed Jul 02 2008 - 01:00
Falling shares push ISEQ under 5,000In a horrendous day of trading on the Irish Stock Exchange, the ISEQ index closed below 5,000, hitting levels last seen in 2004…Wed Jul 02 2008 - 01:00
Coca-Cola planning new €190m facility in WexfordCOCA-COLA, THE multinational soft-drinks giant, has announced that it is to proceed with plans to create more than 100 jobs in…Wed Jul 02 2008 - 01:00
Rating agency concerned over Irish banksIRISH BANKS' exposure to property and construction lending, combined with their over-reliance on higher loan-to-value lending…Tue Jul 01 2008 - 01:00
Mortgage lending slows to 1992 levelMORTGAGE LENDING slowed once more in May, as the rate of increase in Irish residential mortgages fell back to 11Tue Jul 01 2008 - 01:00
Aisling Foundation is going globalTHE AISLING Foundation is going global, with a new name, a new strategy to bring the O2 Ability Awards worldwide and the creation…Fri Jun 27 2008 - 01:00
Number of people in Ireland with assets of $1m falling, study findsTHE NUMBER of people in Ireland with more than $1 million (€640,000) in "investible assets" fell by 1,000 last year, amid a slowing…Wed Jun 25 2008 - 01:00
Spanish group in bid for ESB sitesSPANISH POWER giant Endesa SA has become the latest energy player to submit a bid for power stations being sold by the ESBSat Jun 21 2008 - 01:00
Falling oil prices keep Ryanair airborneMARKET REPORT: AFTER A pretty poor week, the Irish market finished fairly flat yesterday, up by almost 1 per cent or 48 points…Sat Jun 14 2008 - 01:00