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Merrill Lynch's Irish unit makes €1bn after-tax losses

MERRILL LYNCH, the US investment house taken over by Bank of America at the peak of the financial crisis, made after-tax losses…

Wed Oct 21 2009 - 01:00

Corporations and the concentration of power

BOOK REVIEW: Life Inc: How the World Became a Corporation and How to Take it Back by Douglas Rushkoff Published by The Bodley…

Mon Oct 19 2009 - 01:00

Kenmare Diary

One Dublin stadium enough: REMEMBER THE National Stadium? Colm McCarthy raised a few laughs when he identified plans for the…

Mon Oct 19 2009 - 01:00

Ministers' areas get more investment

CAPITAL SPENDING: CONSTITUENCIES WHERE the sitting TDs include Government Ministers receive higher infrastructure spending per…

Mon Oct 19 2009 - 01:00

Economist warns wage cuts of 5% necessary

WAGE CUTS of 5 per cent in both the private and public sector are needed “to achieve the necessary improvement” in the economy…

Sat Oct 17 2009 - 01:00

Nama 'won't revitalise banks'

The proposed National Asset Management Agency (Nama) will fail in its bid to create healthy banks even if it works exactly as…

Sat Oct 17 2009 - 01:00

Planet Business

THE NUMBERS: 75 – the number of staff Nama expects it will need to take on, according to its business plan

Fri Oct 16 2009 - 01:00

Britvic Ireland sees sales volumes fall almost 14%

SOFT DRINKS group Britvic Ireland saw sales volumes plummet almost 14 per cent over the three months to the end of September, …

Fri Oct 16 2009 - 01:00

Route to success

THE FRIDAY INTERVIEW:  Darryl Ismail. Chase Travel International Founder and chief executive.

Fri Oct 16 2009 - 01:00

Joint ventures likely to develop sites

UNFINISHED PROJECTS: NAMA WILL fund the completion of some unfinished developments “on a partnership or joint venture basis” …

Thu Oct 15 2009 - 01:00

Department outlines issues that may cause agency to fail

RISKS: THE DEPARTMENT of Finance has outlined eight “key risks” that could result in the failure of the National Asset Management…

Thu Oct 15 2009 - 01:00

ESRI calls for 20% child benefit cut and welfare freeze

ESRI REPORT: CHILD BENEFIT should be cut by 20 per cent and social welfare payments frozen, but the package of tax increases…

Wed Oct 14 2009 - 01:00

Tax changes part of new deal

TAXATION: A SINGLE rate of tax relief on private pension contributions, a “site valuation tax” and the abolition of the Pay-…

Mon Oct 12 2009 - 01:00

Welfare cut no remedy to public fiscal crisis

Tasc conference: CUTTING WELFARE payments will extend the economic slump into a depression rather than ease pressure on public…

Mon Oct 12 2009 - 01:00

Civil engineering activity fell in September

CIVIL ENGINEERING is now the weakest performing part of the construction sector, according to a “disappointing” new snapshot …

Mon Oct 12 2009 - 01:00

Call to replace Nama with 'good bank'

ACCESS TO CREDIT: THE GOVERNMENT’S proposal for a “bad bank” in the shape of the National Asset Management Agency (Nama) is …

Mon Oct 12 2009 - 01:00

Ireland is sliding into depression - economic conference told

Ireland is sliding into depression and small pockets of economic growth at this stage are "meaningless", it was said at an economic…

Sat Oct 10 2009 - 01:00

200 workers to lose jobs at Linen Supply

ABOUT 200 workers at Linen Supply of Ireland are likely to lose their jobs after the examiner appointed to the company recommended…

Sat Oct 10 2009 - 01:00

C&C plan to 'reposition' Magners cider

DRINKS GROUP C&C hopes to grow volumes of its cider Magners next year after it managed to stabilise sales volumes over the…

Fri Oct 09 2009 - 01:00

Planet Business

The week's business in brief

Fri Oct 09 2009 - 01:00

Rate of deflation at 6.5% - CSO figures

FALLING FOOD and transport prices deepened Ireland’s annual rate of deflation to 6

Fri Oct 09 2009 - 01:00

Growth in mobile devices for papers

MOBILE APPLICATIONS will be a key growth area for the newspapers of the future, the managing director of The Irish Times Maeve…

Thu Oct 08 2009 - 01:00

Price plan pushes H&M profits down

SWEDISH CLOTHING retailer Hennes & Mauritz (HM) has reported a pretax profit on its Irish stores of about €997,000 for 2008…

Thu Oct 08 2009 - 01:00

Banks and Aer Lingus main movers as Iseq advances 2%

DUBLIN REPORT: Iseq: 3,295.75 (+62.72) Settlement date: October 9th

Wed Oct 07 2009 - 01:00

Profits at Esso slip to €3m for 2008

FUEL RETAILER Esso Ireland saw its profits fall to €3 million last year, down from more than €5 million in 2007, as increased…

Wed Oct 07 2009 - 01:00

Tougher budget likely as tax take €2bn lower

THE DECEMBER budget could be tougher than expected after the Government admitted yesterday that tax revenues collected this year…

Sat Oct 03 2009 - 01:00

State must borrow €2bn more as taxes fall

THE GOVERNMENT will have to borrow €2 billion more than it expected to finance the running of the State after continued weakness…

Sat Oct 03 2009 - 01:00

Consumer confidence up in September

CONSUMER CONFIDENCE in the economy improved slightly in September despite the triple whammy of lay-off announcements, the Nama…

Fri Oct 02 2009 - 01:00

Planet Business

The week's business in brief.

Fri Oct 02 2009 - 01:00

Tax take €2bn below target

The Government will have to borrow €2 billion more than it expected to finance the running of the State, after continued weakness…

Fri Oct 02 2009 - 01:00

Disappointing finish for Iseq despite early optimism

Iseq: 3,304.28 (-43.05) Settlement date: October 6th I RELAND OUTPERFORMED other European stock markets, but the Iseq index …

Fri Oct 02 2009 - 01:00

Dublin market closes down slightly

Ireland outperformed other European stock markets, but the Iseq index of Irish shares still finished in negative territory, with…

Thu Oct 01 2009 - 01:00

Fall in home loans for fifth month in row

MORTGAGE BROKERS called on the Government to intervene in the subdued mortgage market yesterday after figures from the Central…

Thu Oct 01 2009 - 01:00

Bank of Ireland raises €1bn in second fundraising

BANK OF Ireland has raised €1 billion in funding over a 3½ year period in what is the bank’s second successful fundraising this…

Wed Sept 30 2009 - 01:00

Let me try to spell it out for you

From Obama to Osama and back to Obama, Microsoft’s spellcheck function is constantly updating its dictionary and grammar roles…

Fri Sept 25 2009 - 01:00

Nama Rama

The Numbers

Thu Sept 17 2009 - 01:00

Nama will cause 'untold damage' writes Desmond

THE NATIONAL Asset Management Agency (Nama) will cause “untold long-term damage to Ireland Inc”, while nationalising the banks…

Wed Sept 16 2009 - 01:00

Former governor of Central Bank Maurice Doyle dies aged 77

MAURICE DOYLE, former governor of the Central Bank and a former secretary of the Department of Finance, has died aged 77 after…

Sat Sept 12 2009 - 01:00

Tax officials wrote off €129m in unpaid levies and PRSI

REVENUE COMMISSIONERS: THE REVENUE Commissioners wrote off €129 million in unpaid taxes and PRSI in 2008, up almost 10 per cent…

Sat Sept 12 2009 - 01:00

Inflation returns but outlook still negative

DEFLATION TURNED to inflation once again in August, as the summer sales ended and prices rose for the first time in almost a …

Fri Sept 11 2009 - 01:00

More cuts in spending needed, says Barclays

THE GOVERNMENT will be forced to take “aggressive measures” beyond the spending cuts and tax hikes already implemented to bring…

Fri Sept 11 2009 - 01:00

Nama worries put increased pressure on bank stocks

DUBLIN REPORT: Iseq: 3,176.00 (+32.28) Settlement date: September 14th

Thu Sept 10 2009 - 01:00

Spar, Maxol agree joint deal in NI

CONVENIENCE GROUP Spar has announced a £200 million (€227 million) deal with service station operator Maxol in Northern Ireland…

Thu Sept 10 2009 - 01:00

CRH increase of 5.1% drives modest gains on Iseq

DUBLIN REPORT: Iseq: 3,143.72 (+77.11) Settlement date: September 11th

Wed Sept 09 2009 - 01:00

Nama speculation weighs on bank stocks

Sustained pressure on the banks was the main feature of the Iseq index today, as pre-Nama investor speculation continued to weigh…

Wed Sept 09 2009 - 01:00

Taxation group's proposals questioned

THE “TAX neutrality” of the Commission on Taxation’s recommendations were called into question yesterday in a survey of business…

Wed Sept 09 2009 - 01:00

Third rate of income tax 'has merit' but only if tax on labour remains low

INCOME TAX: A THIRD rate of income tax “has merit” but should “have regard to the need to keep taxation on labour low and marginal…

Tue Sept 08 2009 - 01:00

CRH drives modest gains on Iseq

Positive performances by the Iseq index were almost unheard of this time last year, but one year on from the fall of Lehmans, …

Tue Sept 08 2009 - 01:00

Students get low-down on high finance

THERE WAS just one thing missing from the University of Limerick’s virtual trading floor, said Niall FitzGerald, the Irish deputy…

Sat Sept 05 2009 - 01:00

Smart Economy Q & A

Still stuck in the dumb economy? Wise up to the new, smarter world

Fri Sept 04 2009 - 01:00
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