Grafton expecting profit of €70mThe owner of the Woodies DIY and Atlantic Homecare chains expects to announce profits of at least €70 million when it publishes…Thu Jan 10 2013 - 00:00
Enforcement director to quit Central BankThe Central Bank’s head of enforcement, Peter Oakes, is leaving the post next April to “pursue other interests”.Wed Jan 09 2013 - 00:00
Ladbrokes in talks to buy BetdaqBritish bookmaker Ladbrokes is in talks to buy the Dermot Desmond-controlled betting business Betdaq for a reported €37 million…Tue Jan 08 2013 - 00:00
Revenue looking at 89 cases of serious tax and customs evasionThe Revenue Commissioners are investigating 89 cases of serious tax and customs evasion, figures released yesterday show.Sat Jan 05 2013 - 00:00
Ballymore's British arm €1bn in deficitThe British subsidiary of Nama-backed developer Ballymore Properties was €1 billion in the red at the end of March, the latest…Thu Jan 03 2013 - 00:00
UK is clamping down on Irish 'bankruptcy tourism'UK courts are clamping down on Irish businesspeople attempting to avail of that jurisdiction’s easier bankruptcy laws, according…Sat Dec 22 2012 - 00:00
US budget impasse pushes Europe lowerEuropean stocks slid yesterday as fears grew that the US will not resolve its budget deadlock ahead of the new year.Sat Dec 22 2012 - 00:00
Glen Dimplex says heating system may knock €650m off domestic heating billsManufacturing group Glen Dimplex is investing €10 million in a new product that it says could knock €650 million a year off Irish…Thu Dec 20 2012 - 00:00
Loss of £1.5m at Fastnet primarily due to cost of floating in LondonNewly floated explorer Fastnet Oil & Gas lost £1Wed Dec 19 2012 - 00:00
French firm to take control of OpenhydroFrench nuclear technology and defence giant DCNS yesterday confirmed that it intends to take up its option to take control of…Sat Dec 15 2012 - 00:00
Investors await US tax and spending dealEuropean markets remained quiet yesterday as investors watched US lawmakers continue their search for an agreement that will …Sat Dec 15 2012 - 00:00
Firm led by Tynagh founder loses €15m on sale of energy businessAn investment company led by Tynagh Energy founder Bran Keogh has lost about €15 million on the sale of a California company …Sat Dec 15 2012 - 00:00
Stock market regulator to use Irish softwareIrish technology group First Derivatives is to provide software and management services to Australia’s stock market watchdog …Fri Dec 14 2012 - 00:00
Porterhouse owners in legal disputeThe Porterhouse pub and nightclub chain is embroiled in a legal row ahead of a Bank of Scotland High Court bid to seize control…Fri Dec 14 2012 - 00:00
Unfair dismissal claim against McInerney Holdings to proceedA tribunal has cleared the way for a €1 million unfair dismissal claim by former McInerney Holdings plc managing director Barry…Thu Dec 13 2012 - 00:00
Santos to invest €8m in firm with plans to drill in IrelandAustralian exploration giant Santos plans to invest €8 million in Tamboran Resources, the company with controversial plans to…Thu Dec 13 2012 - 00:00
Tullow shares fall after results from two exploration venturesShares in exploration group Tullow tumbled yesterday following a series of announcements that included a €287 million acquisition…Wed Dec 12 2012 - 00:00
Another difficult year predictedDavy forecasts put growth for Irish economy below that expected by the Government or the troikaTue Dec 11 2012 - 00:00
Fastnet sets out schedule for oil and gas fieldsExploration group Fastnet hopes to start shipping oil and gas from two discoveries off the south coast between 2014 and 2016.Fri Dec 07 2012 - 00:00
Europe advances as US treads waterEuropean markets advanced yesterday, while US stocks edged ahead in later trading, as investors were reluctant to bet heavily…Fri Dec 07 2012 - 00:00
Full Tilt ahead on recruitment drive for relaunched poker siteFull Tilt, the poker website rescued in August after legal and licensing problems shut it down, is on a recruitment drive.Thu Dec 06 2012 - 00:00
Fiscal cliff talks hold markets in checkPresident Barack Obama’s rejection of Republican proposals to end the fiscal cliff deadlock kept a rein on activity yesterday…Wed Dec 05 2012 - 00:00
Former McInerney MD seeks €1m damages in unfair dismissal caseFormer McInerney Holdings managing director Barry O’Connor is seeking €1 million in compensation from the building group in an…Wed Dec 05 2012 - 00:00
Pension fund to invest in SMEsThe National Pension Fund will invest in small business and the Government will bring forward measures to cut enterprise costs…Wed Dec 05 2012 - 00:00
Online betting firms may be struck offTwo Irish businesses facing legal action in the US for breaches of commodity trading regulations could be dissolved and struck…Mon Dec 03 2012 - 00:00
Bord Gáis seeking meter suppliers ahead of 2014 water chargesBord Gáis is seeking suppliers for the water meters that will be installed in more than one million homes in the Republic from…Mon Dec 03 2012 - 00:00
China-Europe trade hub seeks investorsThe promoter of the planned China-Europe trade hub in Athlone is seeking new investors amid reports that the €175 million project…Sat Dec 01 2012 - 00:00
Co-op seeks to borrow €15m from members rather than banksDairygold is turning to shareholders rather than the banks to borrow some of the cash it needs to fund a €120 million programme…Thu Nov 29 2012 - 00:00
Stocks up on US optimism on fiscal cliffEuropean stocks made some ground yesterday as there were signs that the US can avoid enforced tax increases, spending cuts and…Thu Nov 29 2012 - 00:00
Online betting firm faces court actionAn Irish online betting company backed by high-profile Wall Street hedge fund owners is facing court action and possible fines…Wed Nov 28 2012 - 00:00
Most executives believe public sector reform too slowAlmost all executives believe the pace of public sector reform is too slow and think the Croke Park pay deal has had a negative…Mon Nov 26 2012 - 00:00
New Burlington Hotel owners seek further propertiesPrivate equity giant Blackstone, which has bought the Burlington Hotel for €67 million, is seeking further property investments…Mon Nov 26 2012 - 00:00
Water meter installers soughtThe Department of the Environment is seeking local sub-contractors to work on the installation of water meters on more than one…Mon Nov 26 2012 - 00:00
AIB launches simplified loan scheme for SMEsAIB will announce today that it is launching a new simplified loan-application procedure for small and medium-sized businesses…Mon Nov 26 2012 - 00:00
City Bin Co to compete with GreyhoundWaste manager the City Bin Co plans to take on Greyhound in the Dublin market.Mon Nov 26 2012 - 00:00
Irish stud takes action against mining tycoonIrish racehorse breeding operation Kildangan Stud is taking legal action against Australian coal mine tycoon Nathan Tinkler, …Sat Nov 24 2012 - 00:00
Export of wind-powered electricity to UK on trackThe Irish and British governments are on track to sign up to the first element of a deal next month that will pave the way for…Sat Nov 24 2012 - 00:00
Chinese manufacturing data lifts stocksData signalling growth in Chinese manufacturing boosted markets yesterday, helping European stocks to gain ground for the fourth…Fri Nov 23 2012 - 00:00
Fastnet to use €18m raised to begin drilling off MoroccoExploration group Fastnet will use the €18 million it raised yesterday to pay for planned projects in Morocco and the Celtic …Fri Nov 23 2012 - 00:00
Bord Gáis raises €500m in bond saleState-owned energy group Bord Gáis will use the €500 million it raised through yesterday’s bond issue to refinance part of its…Thu Nov 22 2012 - 00:00
EU Commission investigating use of €150m in State aid by Bus ÉireannThe European Commission is investigating claims that Bus Éireann is using some of the €150 million it receives for the school…Thu Nov 22 2012 - 00:00
Survey finds 77% of family businesses expect sales to grow in next five yearsFamily-owned businesses are surviving the recession well but face challenges on several fronts, a new study shows.Wed Nov 21 2012 - 00:00
Fitting of water meters to begin next summerThe process of fitting water meters to more than one million homes will begin from next July, it has emerged.Wed Nov 21 2012 - 00:00
Accounts contradict statements in courtBus Éireann’s latest accounts contradict statements that it has made publicly and to the High Court about its €150 million relationship…Sat Nov 17 2012 - 00:00
Twenty-four employees paid €400,000 or more per yearTwenty-four Bank of Ireland staff are paid €400,000 or more, according to figures released by Minister for Finance, Michael Noonan…Fri Nov 16 2012 - 00:00
United Drug says it will continue expansion as profits increase 9%United Drug is likely to continue with the expansion that saw it spend €170 million on buying up rivals in its last financial…Thu Nov 15 2012 - 00:00
Tullow hits 85,000 barrels a dayProduction from Tullow Oil’s Jubilee Field off the coast of Ghana recently hit 85,000 barrels a-day, indicating that it is on…Thu Nov 15 2012 - 00:00
Developer declared bankrupt in LondonDeveloper Fergal O’Mahoney has become the latest Irish property player to be declared bankrupt in a UK court.Thu Nov 15 2012 - 00:00
Firm's trading update warns fall in value of assets will hit profits and earningsA fall in the value of some assets will hit profits and earnings at CRH, the building materials giant predicted yesterday.Wed Nov 14 2012 - 00:00
