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Arnotts results renew talk of bids

The battle for ownership of Arnotts came into renewed focus yesterday as the company posted a 14 per cent jump in pre-tax profits…

Thu Mar 27 2003 - 00:00

Profits at ICS up by 15.6% to €65.1m

A doubling in new mortgage business pushed pre-tax profits at Bank of Ireland-owned ICS Building Society up by 15

Thu Mar 27 2003 - 00:00

Market report

Settlement Day: March 31st: A strong performance from the financial sector drove the market up by 1

Thu Mar 27 2003 - 00:00

'Growth will remain slow'

The governor of the Central Bank, Mr John Hurley, has warned that growth will remain slow in the euro zone even after current…

Wed Mar 26 2003 - 00:00

OECD praises Republic's policy of keeping tax low

The Republic's low-tax regime should act as an example to governments in other jurisdictions, according to the head of taxation…

Wed Mar 26 2003 - 00:00

US regulator's move on rival boosts Elan drugs plan

Efforts by pharmaceutical firm Elan to force through the controversial sale of two drugs to US company King were boosted yesterday…

Tue Mar 25 2003 - 00:00

Rally ends as longer campaign is likely

A recognition that the US-led war in Iraq could take longer than initially expected drove stocks down across the world yesterday…

Tue Mar 25 2003 - 00:00

January retail sales reach highest level in over a year

Sales in the retail sector reached their highest level for more than a year in January, according to the latest data from the…

Sat Mar 22 2003 - 00:00

US drug approval boosts Galen 12 per cent

Shares in Craigavon-based pharmaceutical firm, Galen, climbed by 12 per cent yesterday after the company won its first US regulatory…

Sat Mar 22 2003 - 00:00

Regional income gap narrows

The gap in incomes between Dublin and less prosperous parts of the Republic narrowed slightly between 1999 and 2000, according…

Fri Mar 21 2003 - 00:00

Sales at Scottish Provident up 42%

Scottish Provident Ireland, the pensions business that has been put up for sale by Abbey National along with a number of other…

Fri Mar 21 2003 - 00:00

Record lending drives EBS profits up 11% to €41.7 million

Record levels of mortgage lending and an influx of new savings business saw pre-tax profits at the EBS grow by 11 per cent to…

Fri Mar 21 2003 - 00:00

Baltimore sees pre-tax losses fall 90% with restructuring

Troubled internet security firm, Baltimore Technologies, has emerged from a radical restructuring with a 90 per cent reduction…

Thu Mar 20 2003 - 00:00

State has enough oil reserves to last 3 years if supply drops 10%

The Republic would have enough oil in reserve to last almost three years if global supplies were squeezed by 10 per cent, the…

Thu Mar 20 2003 - 00:00

Elan meeting approves sale

Elan shareholders have approved the controversial sale of two drugs to US pharmaceutical firm King, despite speculation that …

Wed Mar 19 2003 - 00:00

Approval for Riverdeep MBO

Hertal, the management buyout (MBO) vehicle seeking to gain control of Riverdeep, has received the approval of 86 per cent of…

Sat Mar 15 2003 - 00:00

Government blamed for inflation spike

Inflation unexpectedly spiked higher than 5 per cent in February, as a sudden rebound in prices after the January sales added…

Fri Mar 14 2003 - 00:00

Robust cash flow helps Horizon to eliminate debt

Robust cash flow allowed technology firm Horizon to eliminate net debt from its balance sheet in 2002, according to full-year…

Thu Mar 13 2003 - 00:00

Pharmaceuticals lead the exports field

Pharmaceutical companies continued to outpace the rest of the Republic's export economy dramatically in the first month of this…

Thu Mar 13 2003 - 00:00

Kingspan shares rise 8% on results

Shares in Kingspan climbed 8 per cent yesterday after full-year results for 2002 met market expectations and the company outlined…

Wed Mar 12 2003 - 00:00

Bank of Scotland breaks ranks on submission

Bank of Scotland (Ireland) has broken ranks with the Irish Bankers' Federation by declining to contribute to an industry submission…

Sat Mar 08 2003 - 00:00

Mortgage-holders left waiting for rate cut

Most of the Republic's mortgage-holders will have to wait until next week to see how their monthly repayments will be affected…

Sat Mar 08 2003 - 00:00

Production accounts for 40% of layoffs

The manufacturing sector accounted for more than 40 per cent of all redundancies reported to the Department of Enterprise, Trade…

Sat Mar 08 2003 - 00:00

Redundancies up 6% over first two months of 2003

The jobs market continued to feel the strain of economic decline last month, as redundancies remained well above levels recorded…

Fri Mar 07 2003 - 00:00

Insurers' results reflect tough year

Royal & Sun Alliance (RSA) has joined the chorus of insurance firms predicting that the cost of cover for Irish customers…

Fri Mar 07 2003 - 00:00

Acquisitions push Galen shares up 10 per cent

Shares in Northern Irish pharmaceutical firm Galen gained 10 per cent yesterday after the company said it would acquire three…

Fri Mar 07 2003 - 00:00

Private shareholders face new challenges

While the main features of share schemes in private companies will operate just as they would in listed firms, a couple of key…

Fri Mar 07 2003 - 00:00

Focus shifts from milk to nutrition

ANALYSIS: Quiet but assured confidence was the mood among Glanbia's management team yesterday, as it presided over results that…

Thu Mar 06 2003 - 00:00

FBD predicts motor insurance costs may fall

FBD has become the second Irish insurance firm to signal that the cost of cover for consumers and businesses could be on the …

Thu Mar 06 2003 - 00:00

Glanbia plans Eur100m acquisitions

Glanbia is planning to spend up to €100 million on acquisitions in the nutritional market in the short term, group managing director…

Thu Mar 06 2003 - 00:00

Bombardier issues warning

Thousands of workers in the North's beleaguered aerospace sector face an uncertain future after Canadian aircraft and train manufacturer…

Wed Mar 05 2003 - 00:00

Robust CRH results help market outperform peers

Settlement Day: March 7th Shares outperformed their counterparts across Europe yesterday, spurred in the main by reaction to…

Wed Mar 05 2003 - 00:00

Airport terminal decision due in April

A Governmental report into the benefit of a second terminal at Dublin Airport will be published within the next fortnight, the…

Tue Mar 04 2003 - 00:00

Brennan asks Aer Lingus for briefing

The Minister for Transport has sought a briefing from Aer Lingus on the current pensions row at the firm

Tue Mar 04 2003 - 00:00

Professions study due out next week

The findings of a specially-commissioned report on competitive practices within eight professions will be made public by the …

Tue Mar 04 2003 - 00:00

Case for ECB rate cut grows

The case for an imminent cut in euro-zone interest rates was boosted yesterday as fresh data pointed to declining inflation and…

Sat Mar 01 2003 - 00:00

Trade surplus reaches €38.4bn

The Republic recorded a record trade surplus of €38

Sat Mar 01 2003 - 00:00

Market Report

Settlement Day: March 5th: Shares marked the end of the week with a 1

Sat Mar 01 2003 - 00:00

Norish shows signs of a turnaround

An exceptional charge of €5 million prevented cold-storage and warehousing group, Norish, from recording a profit last year, …

Fri Feb 28 2003 - 00:00

EU rules out tax on bank profits, says McCreevy

Bank profits cannot be tapped as a source of supplementary non-tax revenue for the Exchequer because of EU rules on state aid…

Fri Feb 28 2003 - 00:00

Finance Bill change will hit banks hardest

Financial institutions will be the main target of a Finance Bill change to rules on capital allowances for business that will…

Thu Feb 27 2003 - 00:00

McCreevy defends levying PRSI on benefits as Finance Bill debated

A number of companies have entered into "very flexible and creative arrangements" to avoid paying PRSI, according to the Minister…

Wed Feb 26 2003 - 00:00

Bank of Ireland to shed 350 jobs in UK merger

Bank of Ireland is to shed 350 jobs in the merger of two loss-making financial advice operations in Britain.

Tue Feb 25 2003 - 00:00

Banker lashes out at critics of bank profits

Prominent banker, Mr Willie Slattery, has launched a stinging attack on commentators who criticise the large profits made by …

Tue Feb 25 2003 - 00:00

McCreevy claims regulator will have teeth

The Minister for Finance, Mr McCreevy, has strongly refuted claims that the new Irish Financial Services Regulatory Authority…

Tue Feb 25 2003 - 00:00

Campaign sparks consumer inquiries

The volume of consumer queries logged by the Office of the Director of Consumer Affairs (ODCA) rose dramatically in the wake …

Mon Feb 24 2003 - 00:00

Charleroi case given to Brussels

Ryanair has presented a dossier of documents to the European Commission designed to prove the legitimacy of the airline's financial…

Sat Feb 22 2003 - 00:00

EU court looms for An Post deal

The Government may be forced to defend An Post's contract to deliver social welfare payments in the European Court of Justice…

Fri Feb 21 2003 - 00:00

Shoppers slower to dip into pockets

Consumers were much less enthusiastic about spending money in 2002 than in any of the preceding three years, according to data…

Thu Feb 20 2003 - 00:00

Ryanair to offer Charleroi proof

Ryanair claims it will definitively prove before the end of this week that it did not benefit unfairly from government subsidies…

Wed Feb 19 2003 - 00:00
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