Merrion Hotel in the red with pretax losses of €1.21mTHE MERRION Hotel in Dublin, a haunt of business people and well-heeled tourists, slipped into the red last year with pretax …Sat Aug 09 2008 - 01:00
Irish firm buys bank branches for £20mA LOW-PROFILE property investment company based in Dublin has acquired four branches of Barclays bank in the London area and …Sat Aug 09 2008 - 01:00
Oil-rich Oman invests €200m in Jurys InnsQUINLAN PRIVATE has tapped the sovereign wealth fund of oil-rich Oman for a €200 million investment in Jurys Inns, the budget…Fri Aug 08 2008 - 01:00
Rhinebridge backers set to recover 55% of investmentTHE BACKERS of debt fund Rhinebridge, one of the first Dublin-based casualties of the credit crunch in international markets, …Thu Aug 07 2008 - 01:00
Shares in Finnish paper mill drop by 16%SHARES IN Finnish paper mill operator Powerflute dropped by 16 per cent on the Alternative Investment Market (AIM) in London …Thu Aug 07 2008 - 01:00
Prime Active to ramp up investment in mobile retailerPRIME ACTIVE Capital plans to ramp up its investment in US mobile phone retailer Cellular Center after the €11Wed Aug 06 2008 - 01:00
O'Reilly to pour more cash into Waterford FirmSIR ANTHONY O'Reilly and his brother-in-law Peter Goulandris are preparing to provide an additional €60 million to Waterford …Sat Aug 02 2008 - 01:00
DCC will not appeal against court inspectorA HIGH Court inquiry into DCC's sale in 2000 of its stake in fruit importer Fyffes and its earlier transfer of that stake to …Thu Jul 31 2008 - 01:00
Financial ombudsman says ruling will 'slow down' his workTHE FINANCIAL Services Ombudsman says that the High Court judgment which quashed his ruling in a complaint by Enfield credit …Thu Jul 31 2008 - 01:00
Shipsey a 'sound' and 'measured' barristerA SENIOR counsel with a wide-ranging commercial practice, Bill Shipsey (50) has acted for many big companies and senior business…Wed Jul 30 2008 - 01:00
On past form, this DCC saga will run and runANALYSIS: There is every possibility that DCC will try to block yet more scrutiny of the insider dealing, writes Arthur Beesley…Wed Jul 30 2008 - 01:00
Liquidation of Co Kerry companies to net Getty €124mGETTY IMAGES, the distributor of pictures and video, is poised to realise some €123Tue Jul 15 2008 - 01:00
O'Brien's leasing firm buys SA aviation businessAERGO CAPITAL, the aircraft leasing company owned by businessman Denis O'Brien, has acquired a South African aviation leasing…Sat Jul 12 2008 - 01:00
Hurley says no major rise in loan arrears in Irish banksCENTRAL BANK Governor John Hurley has said there is no sign of a "material increase" in loan arrears in Irish banks, whose shares…Fri Jul 11 2008 - 01:00
Ashmore resigns as high-risk fund fares poorlyBUSINESSMAN BRUCE Ashmore has resigned as fund manager to a poorly performing hedge fund run by investment management company…Thu Jul 10 2008 - 01:00
Moody's upgrades rating on O'Brien's DigicelMOODY'S CREDIT rating agency has upgraded its corporate family rating on Digicel, the Caribbean mobile firm controlled by businessman…Thu Jul 10 2008 - 01:00
Lenihan to cut public spending by €440mMINISTER FOR Finance Brian Lenihan has introduced a series of cutbacks to reduce public expenditure by €440 million by the end…Wed Jul 09 2008 - 01:00
Liquidity plan would be viewed 'on its merits'MINISTER FOR Finance Brian Lenihan has said that any formal proposal from the banking sector for a scheme in which the State …Wed Jul 09 2008 - 01:00
€1.8bn wiped off value of financialsMORE THAN €1.8 billion was wiped from the value of Ireland's largest financial institutions yesterday as stocks suffered their…Wed Jul 09 2008 - 01:00
Financials decline on B of I profits warningA WARNING from Bank of Ireland that its profits continue to weaken amid the economic slowdown and "dislocation" in global markets…Wed Jul 09 2008 - 01:00
Quinn pulls out of Moody's ratingINSURANCE TYCOON Seán Quinn has pulled out of his company’s credit rating contract with Moody’s, stating that current market …Tue Jul 08 2008 - 01:00
Irish Life Permanent sheds 9.9% as Moody's lowers outlook to negativeSHARES IN Irish Life Permanent (ILP) shed almost 10 per cent on yet another difficult day for financial stocks on the Dublin …Tue Jul 08 2008 - 01:00
ESRI forecast increased market volatility - ILPIRISH LIFE Permanent (ILP) - whose share price has dropped more than 29 per cent in the past 10 days - has said a forecast of…Wed Jul 02 2008 - 01:00
Cross-media ownership curbs may face serious legal hurdleTHE GOVERNMENT has been told by an advisory group that it may have to set out statutory definitions of media ownership if it …Tue Jul 01 2008 - 01:00
IDA warned of Northern competitionIDA IRELAND warned the Government of the potential for increased competition from the North for inward investment when a plan…Mon Jun 30 2008 - 01:00
Forfás recommends 2% annual inflation targetFORFÁS, THE national advisory board for enterprise and trade, has called on the Government and the social partners to boost the…Mon Jun 30 2008 - 01:00
Improved postal service depends on open market, says ComRegCOMREG, THE communications regulator, has said the development of innovation in the postal service and the provision of better…Mon Jun 30 2008 - 01:00
West Link sell-off helps boost NTR profitsUTILITY COMPANY NTR has booked a profit of €830Fri Jun 27 2008 - 01:00
Greencore likely to reconsider use of PwCGREENCORE IS likely to review its long-standing relationship with external auditor PricewaterhouseCoopers (PwC) in light of the…Fri Jun 27 2008 - 01:00
Taro files lawsuit against Sun Pharma over behaviour in Roscrea plant saleAN ISRAELI pharmaceutical firm has taken legal action against a rejected Indian suitor which is trying to block the sale of a…Thu Jun 26 2008 - 01:00
Ernst Young merges all Irish unitsACCOUNTING GROUP Ernst Young has formed an all-Ireland practice through the merger of its units in the Republic and the North…Wed Jun 25 2008 - 01:00
Pioneer fund chief calls for top-tier finance academyTHE CHIEF of the largest fund management firm in Ireland, Pioneer Investment Management, has called on the Government to proceed…Tue Jun 24 2008 - 01:00
Babcock fund chief rules out disposal of EircomINVESTMENT FUND Babcock Brown Capital (BCM) has said it would be happy to retain ownership of Eircom for at least five years, …Sat Jun 21 2008 - 01:00
€520,000 in 'termination pay' for former stock exchange chiefTHE FORMER chief executive of the Irish Stock Exchange, Tom Healy, received "termination payments" of €520,000 when he retired…Fri Jun 20 2008 - 01:00
Aldi's sale of 11 buildings raises €76m for expansionGERMAN-OWNED DISCOUNT supermarket chain Aldi has raised more than €76 million to fund its ongoing expansion by selling 11 of …Fri Jun 20 2008 - 01:00
Capital idea manTHE FRIDAY INTERVIEW/Gary McCarthy, managing director of Collins Stewart, Dublin: GARY McCARTHY exudes self-confidence as he…Fri Jun 20 2008 - 01:00
Exxon-Mobil dismisses sale of Irish stationsESSO OWNER Exxon-Mobil has dismissed speculation in the motor fuel sector that the sale of its forecourt network in the US will…Wed Jun 18 2008 - 01:00
Green Property to expand portfolioGREEN PROPERTY is planning to defy the real estate downturn by making additions to its €1 billion-plus portfolio with the acquisition…Wed Jun 18 2008 - 01:00
Eircom owner to review share buyback schemeAUSTRALIAN INVESTMENT fund Babcock Brown Capital (BCM), Eircom's immediate owner, will review its share buyback programme this…Tue Jun 17 2008 - 01:00
'Racing Post' on track for £1.51m profit after taxTHE IRISH private equity company that bought out the Racing Post newspaper for £170 million (€215Tue Jun 17 2008 - 01:00
Babcock's share price tumbles amid debt reviewEIRCOM'S IMMEDIATE owner, Babcock Brown Capital (BCM), saw its share price drop 14 per cent as its ultimate parent battled a …Sat Jun 14 2008 - 01:00
Cowen advised to take neutral stanceBRIAN COWEN was advised when he was tánaiste to adopt a "neutral" stance on plans by Eircom's Australian owners to separate its…Sat Jun 14 2008 - 01:00
Babcock Brown shares plunge 28% in one dayTHE AUSTRALIAN investment bank that ultimately controls Eircom is facing a review of A$2.8 billion (€1Fri Jun 13 2008 - 01:00
Latest round in struggle for control goes to O'ReillyANALYSIS: Despite a fractious agm, Denis O'Brien seems determined to maintain his siege of INMThu Jun 12 2008 - 01:00
O'Reilly defends 'unique cocktail' of INM boardINDEPENDENT NEWS Media (INM) chief Sir Anthony O'Reilly has mounted a staunch defence of his 19 co-directors in the company in…Thu Jun 12 2008 - 01:00
Babcock and Brown search for new Eircom chairmanAUSTRALIAN INVESTMENT fund Babcock Brown Capital is on the hunt for a new chairman at Eircom after the unexpected resignation…Wed Jun 11 2008 - 01:00
O'Brien renews attack on board ahead of meetingINM AGM: BUSINESSMAN DENIS O'Brien has set the tone for a likely confrontation with Independent News Media (INM) at its agm …Wed Jun 11 2008 - 01:00
Freaney merges with London firmDUBLIN ACCOUNTANCY firm Oliver Freaney, best known for its work for Dunnes Stores, has merged with London firm Smith Williamson…Wed Jun 11 2008 - 01:00
