£28m profit at care home groupA NURSING home chain in which Irish businessmen Denis Brosnan, John Magnier, JP McManus and Dermot Desmond, have a stake, earned…Tue Sept 11 2012 - 01:00
State's borrowing costs lowest in two yearsINTEREST RATES on State borrowing fell to their lowest levels in two years yesterday as markets continued to respond positively…Sat Sept 08 2012 - 01:00
Network costs drive electricity price riseINCREASED NETWORK charges and the euro’s weakness against sterling will leave State-owned ESB’s 1Sat Sept 08 2012 - 01:00
ECB bond move drives values higherMARKETS ACROSS Europe continued their rally yesterday on the back of European Central Bank president Mario Draghi’s announcement…Sat Sept 08 2012 - 01:00
Home heating oil prices up 18% - surveyHOME HEATING oil prices are up 18 per cent to an average of €964 for 1,000 litres in a further blow to consumers this winter…Fri Sept 07 2012 - 01:00
Crosbie resigns from dockland companiesDEVELOPER AND businessman Harry Crosbie has resigned as a director of a series of companies connected with his Dublin docklands…Fri Sept 07 2012 - 01:00
Bus Éireann acts after inquiryBUS ÉIREANN has disciplined a senior member of staff following an investigation into the operation of the school transport scheme…Thu Sept 06 2012 - 01:00
Companies face major hike in electricity pricesKEY INDUSTRIES such as pharmaceutical manufacturers and food processors are facing six-figure electricity bill increases as a…Thu Sept 06 2012 - 01:00
Energy price rises turn heat up on consumersINCREASED CHARGES on networks, rising commodity prices and the euro’s weakness have combined to leave both consumers and businesses…Wed Sept 05 2012 - 01:00
ESB borrows €600m in five-year bondSTATE ENERGY company the ESB borrowed €600 million from European institutions yesterday to refinance existing bank debt and credit…Wed Sept 05 2012 - 01:00
Electricity and gas price hikes approvedCONSUMERS AND businesses are facing increases in gas and electricity prices this winter, following a number of decisions by the…Wed Sept 05 2012 - 01:00
Businesses face increases of up to 7% in natural gas pricesBUSINESSES ARE facing an estimated 5 per cent to 7 per cent hike in natural gas costs after the State’s energy regulator approved…Mon Sept 03 2012 - 01:00
Target owes €600,000 in taxes to RevenueINSOLVENT TRUCKING company Target Express owes €600,000 in workers’ social insurance contributions and PAYE to the Revenue Commissioners…Fri Aug 31 2012 - 01:00
Grafton hopeful of rescue plan for subsidiaryGRAFTON IS optimistic that a rescue plan for its subsidiary, Atlantic Homecare, will be in place by the time the troubled business…Thu Aug 30 2012 - 01:00
Paddy Power upwardly mobile after record profitsBOOKMAKER Paddy Power is launching social media gambling and mobile casino products following a record first half that delivered…Thu Aug 30 2012 - 01:00
Haulage firm in liquidation as protests go onTROUBLED HAULAGE group Target Express was placed in liquidation yesterday as workers continued sit-ins at some of its depots.Thu Aug 30 2012 - 01:00
Maplewood says Nama forced it to insolvencyTHE DIRECTORS of Maplewood Developments, which has gone into liquidation owing more than €300 million to creditors, have accused…Wed Aug 29 2012 - 01:00
Key markets end two days of gainsKEY EUROPEAN markets fell yesterday as Spanish region Catalonia signalled that it would shortly seek a bailout from Madrid, while…Wed Aug 29 2012 - 01:00
United Drug acquires two US firms in €32m dealHEALTHCARE SERVICES group United Drug is buying two companies in the US for up to €32 million.Wed Aug 29 2012 - 01:00
United Drug agrees €32m dealsHealthcare services group United Drug is spending up to $40 million (€31.8 million) on two deals in the United States.Tue Aug 28 2012 - 01:00
Renewable energy goal to cost up to €5bnMEETING IRISH renewable energy targets will require investment of up to €5 billion between now and 2020, according to a report…Fri Aug 17 2012 - 01:00
Glass half full at ArdaghTHEY MAY be on hold for the moment, but Ardagh has not abandoned its intention to go back to the marketFri Aug 17 2012 - 01:00
Ardagh group may build glass plant in RepublicPACKAGING GIANT Ardagh is moving ahead with plans to return to manufacturing in the Republic.Fri Aug 17 2012 - 01:00
Markets drift on sluggish trading dayQUIET TRADE and low volumes sent markets drifting yesterday, eroding gains made during Tuesday’s rally.Thu Aug 16 2012 - 01:00
Nine-year sanction for property director over misuse of fundsTHE DIRECTOR of a property company that was placed in administration two years ago with a shortfall of more than €15 million …Wed Aug 15 2012 - 01:00
Management shake-up at O'Brien's Caribbean mobile group DigicelDENIS O’BRIEN’S Caribbean mobile telecoms group Digicel is moving Mark Linehan, its chief executive for Jamaica, to another of…Tue Aug 14 2012 - 01:00
Major player in building boom may be wound up this monthONE OF the biggest players in the last decade’s building boom faces the prospect of being wound up at the end of the month.Tue Aug 14 2012 - 01:00
Element Power to build Tipperary wind farmENERGY GROUP Element Power is planning to spend up to €70 million on a new wind-powered electricity project, it emerged at the…Mon Aug 13 2012 - 01:00
Pensioners sue Glanbia for breach of contractA GROUP that includes many of its former managers plans to take food company Glanbia to the High Court in the latest round of…Mon Aug 13 2012 - 01:00
Building industry declines further in JulyTHE RATE of decline in the Republic’s building industry increased last month, with activity falling and job losses increasing…Mon Aug 13 2012 - 01:00
Regulating online gaming could be a winner for IrelandBUSINESS OPINION: Our State has missed a trickMon Aug 13 2012 - 01:00
DCC to buy BP's liquified natural gas business for €50mDCC IS buying oil giant BP’s liquified natural gas (lpg) distribution business in Britain in a €50 million deal.Thu Aug 09 2012 - 01:00
Legal firm in line for €75,000 as Full Tilt Poker set to be taken overLaw firm Matheson Ormsby Prentice (MOP) is in line for a €75,000 pay day from the transfer of Full Tilt Poker to a rival.Wed Aug 08 2012 - 01:00
Failure of Alzheimer's drug to cost Elan $117mTHE FAILURE of one of its potential Alzheimer’s treatments to get through clinical trials will cost Elan $117 million, the pharmaceutical…Wed Aug 08 2012 - 01:00
DCC to buy BP unit for €50mDublin-listed DCC is to buy BP’s liquid petroleum gas (LPG) distribution business in Britain for €50 million.Wed Aug 08 2012 - 01:00
Goodbody staff join Brewin DolphinThree staff members from the private clients division of Goodbody Stockbrokers left at the end of last month, it has emerged.Tue Aug 07 2012 - 01:00
Going gets tough for racingThe Irish horse racing and breeding industry is in desperate need of a boost, but will the recommendations of a new report help…Fri Aug 03 2012 - 01:00
Chief of Irish-based poker firm barredRAYMOND BITAR, the chief executive of Irish-based Full Tilt Poker, which was compared to a Ponzi scheme in a New York court, …Fri Aug 03 2012 - 01:00
Gallaghers offer £55m to complete Abbey ownershipTHE GALLAGHER family is offering £55 million (€69Thu Aug 02 2012 - 01:00
Full Tilt online poker players in line for $731m refundONLINE POKER players will have $731 million repaid to them as part of a deal that will save the struggling, Irish-based Full …Thu Aug 02 2012 - 01:00
Marketspreads says business grew 27% in last period despite suspensionPROFITS AT financial spread trading firm, Marketspreads, topped €900,000 in its last financial period, which included the time…Mon Jul 30 2012 - 01:00
Nama plans threaten Drogheda projectSTATE AGENCY Nama’s plans to fund a cinema and retail development in Drogheda threaten a similar, privately backed, project that…Sat Jul 28 2012 - 01:00
NTR cuts full-year losses to €89mLOSSES AT utility NTR fell to €89 million in the 12 months to March 31st as the company shifted investment away from the businesses…Fri Jul 27 2012 - 01:00
Bord Gáis chief to step down this yearBORD GÁIS chief executive John Mullins has decided to step down from the role at end of this year, when his five-year contract…Fri Jul 27 2012 - 01:00
Tullow Oil reports 48% rise in profits to $829mPROFITS AT Tullow Oil rose 48 per cent in the first half of this year to $829 million (€682 million) on the back of increased…Thu Jul 26 2012 - 01:00
European markets remain flatGLOOMY FIGURES from Britain and US, added to the general concerns about the EU’s sovereign debt crisis, ensured European markets…Thu Jul 26 2012 - 01:00
DVD store reports profit of €300,000HOME ENTERTAINMENT group Xtra-vision made a profit of €300,000 in the 12 months ended January 29th after emerging from examinership…Mon Jul 16 2012 - 01:00
Profits up at building firm AbbeyPROFITS AT housebuilder Abbey rose 5 per cent to €12 million, but the company had to write more than €1 million off the value…Wed Jul 11 2012 - 01:00
Harbour chief resigns after one yearCAPTAIN FRANK Allen has resigned as harbour master of the State-owned Dún Laoghaire port company after one year in the job.Tue Jul 10 2012 - 01:00
