Passivity akin to collusion, claims AIBPRESS CONFERENCE: Chief executive Michael Buckley attributes the failure to discover the fraud until it was in its sixth year…Fri Mar 15 2002 - 00:00
'Unholy' dynamic left loss undetectedSACKINGS: Mr John Rusnak's $691 million (€783 million) fraud at Allfirst went undetected due to an "unholy" dynamic with the…Fri Mar 15 2002 - 00:00
'High hurdles' for any mergerAny plan to merge Bank of Ireland and AIB would face "high hurdles", the chairman of the Competition Authority said yesterday…Thu Mar 14 2002 - 00:00
Meeting to wind up Rocca TilesThe receiver of Rocca Tiles has called an extraordinary general meeting next Thursday to wind the company up voluntarily.Thu Mar 14 2002 - 00:00
Tralee Aquadome pre-tax profits exceed €71,000ACQUATIC CENTRE: The Tralee Aquadome posted pre-tax profits of €71,151 (£56,036) in the year to May 2001, according to the latest…Fri Mar 08 2002 - 00:00
Key issues remain unansweredANALYSIS: The three-page statement issued last night by Campus and Stadium Development Ireland (CSID) is longer than a report…Fri Mar 08 2002 - 00:00
Rocca Tiles ceases trading amid fears over liquidationRocca Tiles was closed yesterday amid fears that a liquidator would be appointed to one of the best-known home-improvement companies…Wed Mar 06 2002 - 00:00
Contract for aquatic centre awarded to shelf companyThe contract to operate the national aquatic centre at Abbotstown, Dublin, was awarded to a dormant London-registered shelf company…Wed Mar 06 2002 - 00:00
Electricity users face price hike from next JanuaryElectricity customers face a price hike at the end of the year, just 15 months after tariffs rose for the first time since 1993…Mon Mar 04 2002 - 00:00
Unicare starts court action against Gehe over withdrawl of €176m bidUnicare initiated court proceedings yesterday against the German group Gehe, which abandoned its $152 million (€175Sat Mar 02 2002 - 00:00
375 jobs to go as Ardagh shuts glass plantCLOSURE: Up to 375 people will lose their jobs when Ardagh shuts its glass bottle plant at Ringsend, Dublin, in MayFri Mar 01 2002 - 00:00
'B&F' publisher in liquidationMEDIA: The publisher of Business & Finance magazine, Belenos, has gone into voluntary liquidation with losses of more than…Fri Mar 01 2002 - 00:00
Gehe pulls out of €152.4m deal to buy Unicare chain of chemistsA legal battle is likely after the German group Gehe yesterday abandoned a €152Thu Feb 28 2002 - 00:00
Air ambulances at risk as fees soarTwo air ambulance operators warned yesterday that their viablity was threatened by a severe rise in parking tariffs imposed by…Wed Feb 27 2002 - 00:00
Insider named ESB chief executive designateThe ESB's commercial director, Mr Padraig McManus, was last night appointed chief executive designateWed Feb 27 2002 - 00:00
ESB sub-committee 'divided' on appointmentA sub-committee set up to find a new chief executive for the ESB is said to be "critically divided" on the appointment.Tue Feb 26 2002 - 00:00
AIB band leader asks 'what iceberg?'No-one suggests the fraud-related loss of €789 million will sink AIBThu Feb 21 2002 - 00:00
Aer Lingus to support OneWorld crisis effortsAer Lingus will support efforts on Thursday to salvage the OneWorld alliance despite concerns about the group's viability writes…Tue Feb 19 2002 - 00:00
Tanaiste sanctions Gehe's €152m takeover of Unicare chainThe Tánaiste, Ms Harney, has cleared the €152Mon Feb 18 2002 - 00:00
Bord Gais appoints firm to find investors for €279m pipelineSearch is expected to move quickly as the pipeline will be built byend of year writes Arthur BeesleyFri Feb 15 2002 - 00:00
Heuston to have four new platformsIarnrod Éireann is planning four new platforms for Heuston Station, Dublin, in a €117 million programme designed to improve train…Fri Feb 15 2002 - 00:00
Aer Lingus puts sale on hold as election loomsAer Lingus has suspended all efforts to sell the company due to the imminence of the General ElectionThu Feb 14 2002 - 00:00
An Post may acquire UK mobile phone credit firmAn Post is in advanced negotiations to buy a British maker of machines which recharge pre-paid mobile phones with credit, it …Tue Feb 12 2002 - 00:00
Advising State bodies is good businessTwo Government departments spent €10 million (£7Mon Feb 11 2002 - 00:00
CWU chief 'surprised' by An Post cutsThe Communications Workers Union claimed yesterday that it was "extremely surprised" at the disclosure by An Post that it wanted…Sat Feb 09 2002 - 00:00
An Post seeks 1,140 job cuts before end of 2003An Post wants to cut 1,140 staff from its workforce before the end of 2003, the postal firm said yesterdayFri Feb 08 2002 - 00:00
CIE defends value of Treasury dealState group vigorously rejects suggestion it did not obtain the best value from its Spencer Dock property assetThu Feb 07 2002 - 00:00
Chemists' union challenges deregulationThe Irish Pharmaceutical Union will go to the High Court next week in an attempt to block deregulation of the retail chemist …Thu Feb 07 2002 - 00:00
Missing man is not a high-flierAs the AIB admitted yesterday that it had lost $750 million (€863Thu Feb 07 2002 - 00:00
FLS chairman resigns as Potagua seeks saleThe chairman of FLS Industries, owner of the former TEAM Aer Lingus, has resigned following the decision of the group's largest…Wed Feb 06 2002 - 00:00
Rabbitte very critical of CIE dealA deal allowing Treasury Holdings to develop CIÉ's property at Spencer Dock has been strongly criticised by Labour party TD, …Tue Feb 05 2002 - 00:00
ESB now uncertain about 3G licence bidSenior figures in the ESB are reviewing whether to enter the competition for a third-generation (3G) mobile-phone licenceMon Feb 04 2002 - 00:00
CIE bound by 1998 deal with TreasuryCIÉ's contract with Treasury Holdings dates to October 1998Sat Feb 02 2002 - 00:00
Michael Smurfit to step down as chief executive at end of OctoberDr Michael Smurfit will step down as chief executive of Jefferson Smurfit on October 31st, the packaging group said last night…Sat Feb 02 2002 - 00:00
Chemists differ on easing of rulesMoves to ease entry to the pharmacy sector were "very unfortunate", the German group which dominates the business in the Republic…Sat Feb 02 2002 - 00:00
Doyle to consult on stamp priceTelecoms regulator Ms Etain Doyle has sought comments on a proposal to increase the price of a basic stamp to 41 cents from 38…Thu Jan 31 2002 - 00:00
Harney to be given Unicare ruling todayThe Tánaiste will be told today whether the Competition Authority approves the purchase of the Unicare pharmacy chain by Gehe…Tue Jan 29 2002 - 00:00
State spending reviews fall shy of 'sound professional standard'Spending reviews carried out by Government Departments were strongly criticised yesterday by the Comptroller and Auditor General…Tue Jan 29 2002 - 00:00
Regulator takes EirGrid to courtThe electricity regulator, Mr Tom Reeves, has taken High Court action to enforce a direction on EirGrid, the operator of the …Mon Jan 28 2002 - 00:00
Contract to operate Luas likely to go to French firmA French firm will be chosen next week as preferred bidder to operate the Luas light rail system in DublinSat Jan 26 2002 - 00:00
Tailfin failure most likely cause of crashThe Tuskar air disaster in 1968 was probably caused by structural failure in the plane's tailfin, a new study has foundFri Jan 25 2002 - 00:00
ESB subsidiary backs away from legal challenge against regulatorAn ESB subsidiary has decided not to pursue a High Court challenge against the electricity regulator, Mr Tom Reeves, over an …Wed Jan 23 2002 - 00:00
Turbine problems beset Ringsend power stationThe ESB's new "jewel in the crown" power station at Ringsend, Dublin, will underperform for three years after its connection …Wed Jan 23 2002 - 00:00
ESB plant at Rhode likely to be shut down this yearA power station at Rhode, Co Offaly, is likely to be shut down this year after the ESB board ordered discussions yesterday on…Wed Jan 23 2002 - 00:00
Aer Rianta may bid for Cyprus projectA consortium involving Aer Rianta has been asked to submit a binding bid to develop and operate two airports in CyprusTue Jan 22 2002 - 00:00
Sale of USIT to Swiss competitor is believed imminentThe sale of USIT World holiday group to its Swiss-controlled competitor, STA Travel is believed to be imminent.Tue Jan 22 2002 - 00:00
Forty Dublin lay-offs are temporary, claims BerlitzTranslation firm Berlitz GlobalNET has laid off another 40 staff from its Dublin operation at Dún Laoghaire for at least eight…Tue Jan 22 2002 - 00:00
ESB to decide this week on fate of RhodeClosure of an Offaly power station would have "severe implications" for Bord na Móna, the peat company warned yesterdayMon Jan 21 2002 - 00:00
Bidders used PR companies to help tender for €60m contractThe Government's decision to talk to Sikorsky ends one of the hardest-fought tender battles of recent years, writes Arthur Beesley…Fri Jan 18 2002 - 00:00
CWU says workers co-operating with An PostAny suggestions that An Post staff had not implemented a transformation plan agreed in 2000 were "outrageous", the company's …Thu Jan 17 2002 - 00:00
