€53bn budget to push innovative projectsMÁIRE GEOGHEGAN-Quinn’s research and innovation portfolio in the new commission is in keeping with the Government’s “smart economy…Sat Nov 28 2009 - 00:00
Former PM is favourite to become next Belgian leaderFORMER BELGIAN prime minister Yves Leterme was emerging as favourite last night to return to office as head of government in …Tue Nov 24 2009 - 00:00
EU fails to think big with two such low-profile appointmentsANALYSIS: The EU has taken its great leap forward – by appointing to two key Lisbon Treaty positions two figures who are virtually…Sat Nov 21 2009 - 00:00
Formidable task facing newcomer to diplomacySTILL VIRTUALLY unknown in international politics, EU trade commissioner Baroness Catherine Ashton took a unexpected leap forward…Fri Nov 20 2009 - 00:00
Marathon session ends with choice of low-key figuresFOR A long time it looked like there might not be a deal but a compromise was emerging even as EU leaders and their police outriders…Fri Nov 20 2009 - 00:00
EU leaders deadlocked over new foreign postTHE SPANISH government has nominated foreign minister Miguel Ángel Moratinos for the post of EU foreign policy chief, a move …Wed Nov 18 2009 - 00:00
EU accord obliges Ireland to raise aid spending next yearMINISTER OF State for overseas development Peter Power has said most EU states, Ireland among them, are struggling to meet their…Wed Nov 18 2009 - 00:00
Salary for post to exceed €235,000Máire Geoghegan-Quinn's position on the European Commission will command a basic annual salary of €238,918, although she would…Wed Nov 18 2009 - 00:00
EU states putting off decision on top posts until the 11th hourEUROPEAN DIARY: There is still little consensus over who should fill the new positions of European Council president and foreign…Tue Nov 17 2009 - 00:00
Commissioner hopeful for climate deal at CopenhagenEU ENVIRONMENT commissioner Stavros Dimas has dismissed claims that the Copenhagen climate change summit is doomed to failure…Fri Nov 13 2009 - 00:00
Majority vote could be used to decide on EU jobsSWEDISH PRIME minister Fredrik Reinfeldt has raised the prospect that he might not be able to achieve unanimity among deadlocked…Thu Nov 12 2009 - 00:00
€2.6bn in cohesion fund payments breached procedureEU AUDITORS have found that “at least” €2Wed Nov 11 2009 - 00:00
EU set to give Ireland until 2014 to meet its budget deficit targetTHE EUROPEAN Commission is preparing to extend by one year the Government’s deadline to restore stability to the public finances…Tue Nov 10 2009 - 00:00
EU to extend Irish deficit targetThe European Commission is preparing to extend by one year the Government’s deadline to restore stability to the public finances…Tue Nov 10 2009 - 00:00
Belgian PM is latest favouriteBELGIAN PRIME Minister Herman Van Rompuy is the latest EU leader to emerge as a front runner for the first full-time presidency…Thu Nov 05 2009 - 00:00
Catherine Day a contender for postIRISH COMMISSIONER: CATHERINE DAY, the Irishwoman who heads the EU civil service, has emerged as a contender to succeed Charlie…Fri Oct 30 2009 - 00:00
Compromise on financing carbon deal to be tabledCLIMATE CHANGE: SWEDEN’S PRESIDENCY of the EU will table compromise proposals this morning to try to bridge sharp divisions …Fri Oct 30 2009 - 00:00
Forest reports profit of €860mTHE MAIN Irish holding company of US drug-maker Forest Laboratories increased its pretax profit to $859.93 million (€573Thu Oct 22 2009 - 01:00
Anglo affair described as 'PR disaster' for IrelandPARTICIPANTS IN the recent Farmleigh economic forum decried the Anglo Irish Bank affair as a public relations disaster for the…Wed Oct 14 2009 - 01:00
Adobe's Irish arm incurs $312m tax chargeTHE MAIN Irish unit of US software group Adobe Systems incurred a $312 million (€211Wed Oct 07 2009 - 01:00
EU carbon tax plan to include transport sectorEU TAX commissioner Laszlo Kovacs has proposed a pan-European carbon tax on emissions that do not come within the ambit of the…Sat Oct 03 2009 - 01:00
O'Brien silent after IN&M rejects planREBEL INDEPENDENT News & Media (IN&M) shareholder Denis O'Brien kept his counsel yesterday on the company's refinancing…Wed Sept 30 2009 - 01:00
AIB board to review process of appointing new chiefTHE BOARD of Allied Irish Banks (AIB) is set to review the process of choosing a successor to outgoing chief executive Eugene…Wed Sept 30 2009 - 01:00
O'Reilly wins board support for €200m bond settlement planINDEPENDENT NEWS & Media (INM) chief Gavin O’Reilly has won board support for his plan to settle an overdue €200 million …Tue Sept 29 2009 - 01:00
INM set to spurn €100m O'Brien investment planTHE BOARD of Independent News Media (INM) is poised to spurn Denis O’Brien’s €100 million investment plan after he personally…Sat Sept 26 2009 - 01:00
Official says Yes vote may cut debt spreadFINANCE: A SENIOR official in the National Treasury Management Agency (NTMA) has said the Government may be able to issue debt…Fri Sept 25 2009 - 01:00
Willis Group Holdings moves to Irish headquartersINSURANCE BROKING giant Willis Group Holdings, whose Irish unit was formerly known as Coyle Hamilton, is moving its legal place…Tue Sept 22 2009 - 01:00
Energy exploration firm raises £6.3mSAN LEON Energy, a gas and oil exploration company chaired by former Smart Telecom chief Oisín Fanning, has conditionally raised…Sat Sept 19 2009 - 01:00
Lenihan summons bank chiefs before Nama decisionMINISTER FOR Finance Brian Lenihan summoned bank chiefs to his office before a final Cabinet decision this morning to decide …Wed Sept 16 2009 - 01:00
Irish unit of fund manager in $1.08bn exposure to MadoffAN IRISH-DOMICILED unit of fund management giant Pioneer is facing legal action in the US over its $1.08 billion (€734Wed Sept 16 2009 - 01:00
O'Brien seeks to halt sale of INM OutdoorFRESH HOSTILITIES between the main investors in Independent News Media (INM) burst into the open yesterday as Denis O’Brien called…Thu Sept 03 2009 - 01:00
Phoney peace over between O'Brien and O'ReillyANALYSIS: Denis O’Brien’s dawn attack brings forward the final battle with Sir Anthony O’ReillyThu Sept 03 2009 - 01:00
Further 220 jobs to go at Sisk as cuts plan nears endSISK GROUP, by far the biggest building business in the State, is approaching the final stages of a redundancy programme in which…Thu Sept 03 2009 - 01:00
Pressure to repay €1m increases on FingletonFORMER IRISH Nationwide chief Michael Fingleton is coming under renewed political pressure from the Government to repay a €1 …Wed Sept 02 2009 - 01:00
McInerney takes land impairment charge of €156mSHARES IN home-builder McInerney Holdings dropped as much as 36 per cent after the firm took a €156 million impairment charge…Tue Sept 01 2009 - 01:00
A startling glimpse into huge task that awaits NamaANALYSIS: AS MINISTER for Finance Brian Lenihan battles opponents of the National Asset Management Agency (Nama) in advance …Tue Sept 01 2009 - 01:00
Stakeholders must offer concessions if INM restructuring is to be successfulBUSINESS OPINION: THE RESUMPTION of regular business after the summer holidays heralds fresh efforts by Independent News Media…Mon Aug 31 2009 - 01:00
Harvey Norman says it will support struggling Irish operationAUSTRALIAN ELECTRICAL and furniture retailer Harvey Norman has said it will continue to support its struggling Irish operation…Sat Aug 29 2009 - 01:00
Pageant and NCB take over Xtra-vision in €32m dealDUBLIN INVESTMENT company Pageant Holdings and a fund run by NCB Stockbrokers have emerged as the buyers of entertainment chain…Sat Aug 29 2009 - 01:00
Examinership not an option for INM, says O'ReillyINDEPENDENT NEWS Media (INM) chief Gavin O’Reilly has poured cold water over claims by key investor Denis O’Brien that an examinership…Sat Aug 29 2009 - 01:00
IN&M defies O'Brien over sale of SA businessINDEPENDENT NEWS & Media (IN&M) has defied key investor Denis O’Brien to enter a deal to sell off its South African outdoor…Fri Aug 28 2009 - 01:00
Government to provide key data on extent of stake in Nama institutionsTHE GOVERNMENT is preparing to provide key data next month on the ultimate extent of the State’s likely shareholding in the institutions…Fri Aug 28 2009 - 01:00
Eircom in €486m loss in year to JuneEIRCOM INCURRED an operating loss of €486 million in the year to June as the Australian investment fund that controls the company…Fri Aug 28 2009 - 01:00
Dunne chooses unlimited status for key firmsDEVELOPER SEÁN Dunne has moved to shield from public view the fiscal affairs of two key companies in his property empire by adopting…Thu Aug 27 2009 - 01:00
AIB director faces external competition for chief executive jobLONG-SERVING AIB board member Colm Doherty faces competition from a “very strong” external candidate in the race to succeed departing…Thu Aug 27 2009 - 01:00
Media advertising will not reach former highs for years, warns reportTHE EXCEPTIONAL decline in advertising spending in European media is easing, but several years will pass before media companies…Wed Aug 26 2009 - 01:00
Nama may acquire up to €40bn worth of derivativesTHE NATIONAL Asset Management Agency (Nama) may acquire derivative instruments nominally valued at up to €40 billion as part …Fri Aug 21 2009 - 01:00
Anglo's waiver from capital rules extendedTHE FINANCIAL Regulator has extended part of Anglo Irish Bank’s waiver from its capital rules until the end of the year due to…Fri Aug 21 2009 - 01:00
NTR to build solar plant in ArizonaUTILITY COMPANY NTR plans to build its first large-scale solar power plant with the deployment of 60 SunCatcher machines in Arizona…Thu Aug 20 2009 - 01:00
IN&M bondholders back extension of standstill pactTHE COMMITTEE of bondholders to Independent News & Media (IN&M) has told the company that it backs plans for a third …Thu Aug 20 2009 - 01:00
