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Yet another Irish titan brought to heel

ANALYSIS: One of the biggest players in the development world is now considering filing for bankruptcy, writes ARTHUR BEESLEY…

Tue Mar 17 2009 - 00:00

O'Reilly's departure marks the end of an era in Irish commerce

ANALYSIS: SIR ANTHONY O’Reilly’s exit from the board of Independent News & Media heralds the end of an era in Irish commerce…

Sat Mar 14 2009 - 00:00

O'Brien directors join IN&M as O'Reilly exits board

INDEPENDENT NEWS & Media will seek to extend the maturity of a €600 million debt falling due next year following the public…

Sat Mar 14 2009 - 00:00

Investment managers keen to clarify role in Anglo debacle

IRISH LIFE Investment Managers (ILIM) has moved to distance itself from from the debacle over multi-billion-euro deposits made…

Sat Mar 14 2009 - 00:00

Broadcasting regulator likely to review O'Brien licences

THE NATIONAL and local radio licences held by Denis O’Brien’s Communicorp group are likely to be reviewed by broacasting regulators…

Sat Mar 14 2009 - 00:00

EMPG cancels sale of books unit

BARRY O’CALLAGHAN’S heavily-indebted Education Media Publishing Group (EMPG) has cancelled the sale of its consumer books unit…

Sat Mar 14 2009 - 00:00

Senator's family takes 25% stake in private equity firm

THE FAMILY of Senator Feargal Quinn has taken a 25 per cent stake in private equity firm Claret Capital, an investment that sees…

Fri Mar 13 2009 - 00:00

O'Reilly and O'Brien pressed to end divisions

SIR ANTHONY O’Reilly and his long-time rival Denis O’Brien are coming under mounting pressure from Independent News Media’s bankers…

Fri Mar 13 2009 - 00:00

O'Brien replaces Quinn as top Irish 'Forbes' list billionaire

INSURANCE MAGNATE Seán Quinn has lost his top place in the ranks of Irish-born billionaires to Denis O’Brien as rampant volatility…

Thu Mar 12 2009 - 00:00

Desmond firm loses €12m since January in Irish banks

DERMOT DESMOND’S investment vehicle IIU Nominees is nursing a big loss on a stake it acquired last January in Bank of Ireland…

Thu Mar 12 2009 - 00:00

Auditors issue disclaimer on Dunne's Jurys firm accounts

AUDITORS HAVE issued a disclaimer in their report on the financial statements of a prime company behind Seán Dunne’s €1

Thu Mar 12 2009 - 00:00

Profits at Fyffes collapse over loss at Blackrock

FRUIT IMPORTER Fyffes has reported a collapse in annual pretax profits to €128,000 from €13

Wed Mar 11 2009 - 00:00

Smurfit has plantation seized in Venezuela

SMURFIT KAPPA has become embroiled in a sweeping series of asset seizures at the hands of Venezuela’s socialist president Hugo…

Sat Mar 07 2009 - 00:00

Carroll discloses multi-million losses on market investments

PROPERTY DEVELOPER Liam Carroll has disclosed multi-million-euro losses on some of his biggest stock market investments in new…

Thu Mar 05 2009 - 00:00

'Irish Times' still most-read Dublin morning paper

THE IRISH TIMES had an average 317,000 daily readers in 2008 and remains the most-read morning paper in Dublin, new research …

Thu Mar 05 2009 - 00:00

Credit union confidence now being put to test

ANALYSIS: THE 10 credit unions under heightened scrutiny from the Financial Regulator represent but a small minority of the …

Wed Mar 04 2009 - 00:00

Value of Eircom cut by more than €700m

THE AUSTRALIAN owners of Eircom have cut the value of their investment in the telecoms company by more than €700 million, acknowledging…

Fri Feb 27 2009 - 00:00

Anglo directors' other roles examined

THE BODY that represents institutional investors is examining whether any issues are raised by the fact that three former non…

Fri Feb 27 2009 - 00:00

Former Anglo Irish director resigns as airport chief

THE ANGLO Irish Bank affair claimed another high-profile casualty last night with the resignation of Dublin Airport Authority…

Wed Feb 25 2009 - 00:00

Heraty resigns from Irish Stock Exchange

THE ANGLO Irish affair claimed another casualty last night with the unexpected resignation of former Anglo director Anne Heraty…

Tue Feb 24 2009 - 00:00

Anglo's board members received €9.54m last year

THE 15 executive and non-executive directors who sat on the board of Anglo Irish Bank last year received remuneration totalling…

Sat Feb 21 2009 - 00:00

Golden handshakes: executives paid up to €3.57m on departure

FORMER ANGLO executive director Tom Browne received €3

Sat Feb 21 2009 - 00:00

Anglo's board members received €9.54m last year

THE 15 executive and non-executive directors who sat on the board of Anglo Irish Bank last year received remuneration totalling…

Sat Feb 21 2009 - 00:00

Golden handshakes: executives paid up to €3.57m on departure

FORMER ANGLO executive director Tom Browne received €3

Sat Feb 21 2009 - 00:00

Advisers appointed to review IL&P lodgements

IL&P TRANSACTIONS: PRICEWATERHOUSECOOPERS (PWC) said in its report on Anglo that there was “no legal right of set off” in…

Sat Feb 21 2009 - 00:00

Advisers appointed to review IL&P lodgements

IL&P TRANSACTIONS: PRICEWATERHOUSECOOPERS (PWC) said in its report on Anglo that there was “no legal right of set off” in…

Sat Feb 21 2009 - 00:00

Walsh clarifies Nationwide letter

FORMER IRISH Nationwide Building Society (INBS) chairman Dr Michael Walsh has told Minister for Finance Brian Lenihan he was …

Fri Feb 20 2009 - 00:00

Nationwide can't survive without State aid - Walsh

FORMER IRISH Nationwide Building Society (INBS) chairman Dr Michael Walsh believes the institution “cannot survive” without significant…

Thu Feb 19 2009 - 00:00

Government grants €2.5m to co-fund Skillnets training for IFSC workers

THE GOVERNMENT has allocated €2

Thu Feb 19 2009 - 00:00

Cowen remarks on Anglo raise question over guarantee move

ANALYSIS: Pressure for a full inquiry now appears unstoppable

Wed Feb 18 2009 - 00:00

Call for part of corporate code to be made law

ACCOUNTING FIRM Grant Thornton has urged the Government to introduce new legislation to incorporate into law key provisions of…

Wed Feb 18 2009 - 00:00

Investors sought meeting after ILP CEO's resignation refused

IRISH LIFE Investment Managers (ILIM) backed moves by the Irish Association of Investment Managers (IAIM) to seek a meeting with…

Tue Feb 17 2009 - 00:00

300 jobs lost as fashion retailer Sasha collapses

THE COLLAPSE in the retail market has claimed another 300 jobs with the liquidation of ladies’ fashion company Sasha

Tue Feb 17 2009 - 00:00

Board under increasing pressure for explanation

THE BOARD of Irish Life Permanent (IL&P) came under mounting pressure last night to confront how the institution managed …

Fri Feb 13 2009 - 00:00

Greencore chiefs praise FitzPatrick

FORMER ANGLO Irish Bank chairman Seán FitzPatrick, whose controversial undeclared directors’ loans opened up a new phase in the…

Fri Feb 13 2009 - 00:00

Greencore to pay dividend after fall in profit

GREENCORE CHIEF executive Patrick Coveney, whose company has lost more than 80 per cent of its value in the past year, said it…

Fri Feb 13 2009 - 00:00

Smurfit cancels dividend payout

PACKAGING COMPANY Smurfit Kappa, whose shares have dropped 80 per cent in 12 months, has cancelled its dividend after slipping…

Thu Feb 12 2009 - 00:00

AIB chief says he has backing of Government

SHEEHY: ALLIED IRISH Banks chief executive Eugene Sheehy has said he retains the support of the Government and the institution…

Thu Feb 12 2009 - 00:00

Solicitors A&L Goodbody seeking 45 voluntary redundancies

A TOTAL of 45 jobs are to be eliminated at solicitors AL Goodbody, one of the biggest legal firms in the State

Tue Feb 10 2009 - 00:00

BoI and AIB agree terms of €7bn deal with Government

ALLIED IRISH Banks and Bank of Ireland have agreed terms with Minister for Finance Brian Lenihan to proceed with a €7 billion…

Sat Feb 07 2009 - 00:00

NIB warns more to come after €552m pretax loss

NATIONAL IRISH Bank (NIB) has warned of further loan losses as the recession takes hold after a spike in loan impairments last…

Fri Feb 06 2009 - 00:00

Ireland Fund suggests delay of Government contribution

STATE AID: TAOISEACH BRIAN Cowen has thanked the American Ireland Fund for its suggestion for the deferral of a €10 million …

Thu Feb 05 2009 - 00:00

Government's economic stability plan finds favour with international analysts

THE MARKET: THE €2 billion plan to stabilise the public finances found favour with international analysts, who are keeping a…

Thu Feb 05 2009 - 00:00

Top bank bosses must take big cuts in pay, says Cowen

DIRECTORS AND top executives in Allied Irish Banks (AIB) and Bank of Ireland are facing big cuts in their pay as a condition …

Thu Feb 05 2009 - 00:00

Residential property levy mooted as part of wider tax reform

THE CENTRAL Bank has advised the Government to consider a tax on residential property.

Fri Jan 30 2009 - 00:00

Bank chief urges widening of tax base

CENTRAL BANK governor John Hurley has urged the Government to consider broadening the tax base to help contain the State’s fiscal…

Fri Jan 30 2009 - 00:00

Nationwide told to strengthen top management

THE FINANCIAL Regulator has directed the Irish Nationwide Building Society (INBS) to strengthen its top management team by appointing…

Fri Jan 30 2009 - 00:00

Fitch downgrades its rating on EBS

RATINGS AGENCY Fitch has downgraded its rating on the Educational Building Society (EBS), warning that likely impairments to …

Thu Jan 29 2009 - 00:00

INM plans to raise new bond as final dividend cancelled

INDEPENDENT NEWS Media (INM) has cancelled its final dividend, scrapped the sale of its stake in APN News Media in Sydney, declared…

Tue Jan 27 2009 - 00:00

Merger of First Active and Ulster Bank will cost over 400 jobs

IN EXCESS of 400 banking jobs will be eliminated in a merger of former building society First Active with sister lender Ulster…

Mon Jan 26 2009 - 00:00
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