Irish lenders' reliance on ECB funding risesIRISH CREDIT institutions’ reliance on the European Central Bank (ECB) for funding increased again in November, according to …Sat Dec 31 2011 - 00:00
Fleming Capital owed banks more than €85mFLEMING CAPITAL, the investment firm whose stakes in Arnotts and property dealer RQB were wiped out in the crash, owed its banks…Sat Dec 31 2011 - 00:00
Company controlled by Sony Europe faces liquidation after shutting storesA COMPANY controlled by Sony Europe is facing liquidation after shutting three of the electronics giant’s Irish stores without…Sat Dec 31 2011 - 00:00
Markets across Europe record gainsSTOCKS ROSE on most European markets yesterday as investors said goodbye and “probably good riddance” to 2011.Sat Dec 31 2011 - 00:00
Boom-era debts take toll on big-name buildersANALYSIS: It was a year of drama for the construction industry as many struggled to surviveFri Dec 30 2011 - 00:00
Electricity project to invest €240m in Mayo regionSTATE AGENCY Eirgrid has appointed Tobin Consulting Engineers to lead a consortium to work on the first phase of a €240 million…Tue Dec 27 2011 - 00:00
Stocks boosted on positive US newsMORE GOOD news from the US and a positive view of the take-up of this week’s European Central Bank’s (ECB) loan auction boosted…Fri Dec 23 2011 - 00:00
Exports remain steady but business confidence weakensEXPORTERS’ ORDER books remain resilient in the face of turmoil in the euro zone and slowing overseas economies, according to …Fri Dec 23 2011 - 00:00
Iseq ends in positive territoryMore good news from the US boosted stocks across Europe today, raising fresh hopes that the pre-Christmas week would end with…Thu Dec 22 2011 - 00:00
ECB lends €489bn in bid to ease euro crisisMORE THAN 500 banks across the EU have borrowed a record €489 billion from the European Central Bank (ECB) in the latest attempt…Thu Dec 22 2011 - 00:00
Conroy Gold may begin mines in Border countiesEXPLORATION COMPANY Conroy Gold and Natural Resources, may apply for planning permission late next year to begin mining its prospects…Thu Dec 22 2011 - 00:00
More than one in 10 mortgages in arrears - MoodysMORE THAN one in 10 mortgage borrowers had fallen behind with their repayments by the end of October, marking a new peak in home…Thu Dec 22 2011 - 00:00
Goal spent €67m on overseas aid projects last yearOVERSEAS CHARITY Goal spent €67 million on its aid projects, including earthquake relief in Haiti, last year.Wed Dec 21 2011 - 00:00
CLG and Balfour Beatty joint venture wins €500m contract with Bord GáisMULTINATIONAL ENGINEERING group Balfour Beatty and local player CLG Developments are poised to take up a €500 million contract…Tue Dec 20 2011 - 00:00
Half of small firms fearful of futureCLOSE TO half the small businesses that took part in a recent survey said they were either winding up, just surviving or barely…Mon Dec 19 2011 - 00:00
Illegal downloading to be curbed by Government orderTHE GOVERNMENT is set to tackle illegal downloading of music and films in January by plugging a gap in the Republic’s laws that…Mon Dec 19 2011 - 00:00
Potential buyers approach Vico about US and UK assetsTHE PROPERTY company run by Brian O’Donnell – the lawyer who was last week ordered to pay €71Mon Dec 19 2011 - 00:00
Pressure on Coalition over illegal downloadsEVEN BEFORE its DVD release, this year’s highest-grossing Irish movie, The Guard, could be downloaded from the internet for free…Mon Dec 19 2011 - 00:00
Amaya takes punt on online gambling specialist CryptologicRIVAL AMAYA Gaming is offering €25 million to buy out Irish online gambling specialist Cryptologic.Sat Dec 17 2011 - 00:00
US news on jobs lifts investors' spiritsGOOD NEWS from the US buoyed investors’ pre-Christmas spirits yesterday and increased feelings of goodwill towards all equities…Fri Dec 16 2011 - 00:00
Positive sentiment boosts IseqGood news from the US buoyed equities today, driving up benchmark indices at both sides of the Atlantic.Thu Dec 15 2011 - 00:00
EBS staff vote to strike over non-payment of festive bonusesMANAGEMENT AT the former EBS building society will remain in talks with trade union Unite in a bid to prevent a strike that could…Wed Dec 14 2011 - 00:00
EBS workers vote for strike actionEBS staff plan a one-day strike next Tuesday - December 20th - in protest at the Department of Finance’s refusal to approve an…Tue Dec 13 2011 - 00:00
Nama, Lloyds to seek buyer for Battersea Power StationSTATE ASSETS agency Nama and Lloyds Bank are likely to seek a buyer for Battersea Power Station after a court yesterday gave …Tue Dec 13 2011 - 00:00
Company says it welcomes strict regulationTAMBORAN RESOURCES hopes to drill for natural gas across the Lough Allen basin in the northwest, an area that straddles counties…Tue Dec 13 2011 - 00:00
US halts trade by Nama-linked firmTHE FEDERAL authorities in the US have halted trading in shares in an investment company that claimed to be in talks with State…Sat Dec 10 2011 - 00:00
Builder Abbey sees profits fallPROFITS AT quoted house builder Abbey fell 40 per cent to €3.35 million in the first half of its financial year.Fri Dec 09 2011 - 00:00
Nama in talks to sell Louis Vuitton storeSTATE ASSETS agency Nama is said to be in talks to sell the high-profile Louis Vuitton store it controls in London to the French…Fri Dec 09 2011 - 00:00
Bank appoints receiver to some assets of ShelbourneSHELBOURNE Developments has confirmed that Bank of Scotland has appointed a receiver to some of its assets and subsidiaries at…Fri Dec 09 2011 - 00:00
O'Mahony to step down from board of CRH at end of yearFORMER CRH chief executive Liam O’Mahony plans to step down from the building-material group’s board at the end of the year…Thu Dec 08 2011 - 00:00
Property group may be placed in receivershipBANK OF Scotland is considering appointing a receiver to Shelbourne Development Group, the Garrett Kelleher-controlled property…Thu Dec 08 2011 - 00:00
Plans to change rent reviews shelvedThe Government has ditched plans to introduce legislation to abolish upward only rent reviews in commercial property leases, …Tue Dec 06 2011 - 00:00
Racecourse profits hit €6.6m after land sale led to €8.8m loan waiverSTATE AGENCY Horseracing Ireland (HRI) waived an €8Sat Dec 03 2011 - 00:00
Administration sought for BatterseaTWO OF the creditors that are seeking to have Irish-owned Battersea Power Station placed in administration indicated yesterday…Fri Dec 02 2011 - 00:00
C&F books €7m profit as company eyes renewable energy openingsCONTRACT MANUFACTURER CF made close to €7 million profits last year and is gearing up to enter renewable energy markets in Britain…Fri Dec 02 2011 - 00:00
ESB unions in 'dispute' after talks over cuts failSTATE ENERGY company ESB’s unions say they are in dispute with the company after efforts to cut €140 million from its payroll…Fri Dec 02 2011 - 00:00
Nama and Lloyd's Bank set to take control of Battersea power plantSTATE ASSETS agency Nama and Lloyd’s Bank are poised to take control of Battersea power plant, the €600 million property part…Thu Dec 01 2011 - 00:00
Insurer pays millions to Superquinn creditorsONE INSURER has paid out “millions” to Superquinn creditors who lost out when the supermarket chain was placed in receivership…Tue Nov 29 2011 - 00:00
Associated posts €520,000 loss in hardware sectorA €1 million charge for restructuring its business left independent builders’ merchants and DIY specialist, Associated Hardware…Sat Nov 26 2011 - 00:00
Group in prison contract row faces winding-up threatA CREDITOR has threatened Glenbeigh Construction, the group that was at the centre of a political row over prison building contracts…Sat Nov 26 2011 - 00:00
Xtra-vision losses top €3m but firm on track to show profitHOME ENTERTAINMENT chain Xtra-vision lost more than €3 million in 2010, but expects to make a profit this year after restructuring…Fri Nov 25 2011 - 00:00
Nama and UK bank to decide fate of BatterseaSTATE ASSETS agency Nama and Lloyds Bank are likely to decide within weeks on the future of Battersea Power Station, the landmark…Fri Nov 25 2011 - 00:00
Electricity link could offer economic boostTHE DEVELOPMENT of an electricity grid connecting Ireland and Scotland could boost both countries’ economies, according to a …Thu Nov 24 2011 - 00:00
Apollo Global and Goldman Sachs pool resources in bid for MBNA operationsTWO US companies have joined forces to bid for the MBNA credit card operations in Ireland and Britain which Bank of America put…Wed Nov 23 2011 - 00:00
Oil firms see Ireland as high risk locationMULTINATIONAL OIL and gas companies regard Ireland as a high-risk, unrewarding and difficult place for exploration, an industry…Wed Nov 23 2011 - 00:00
CRH performs well but Iseq reflects mood of uncertaintyIseq: 2555.09 (-52.02) Settlement Date: November 24th CONTINUING uncertainty over the euro zone and fears that US lawmakers …Tue Nov 22 2011 - 00:00
First stage of €240m Eirgrid tender closesSTATE AGENCY Eirgrid is in the final stages of tendering for consultants and engineers to work on the first phase of a €240 million…Mon Nov 21 2011 - 00:00
Iseq outperfoms European marketsThe Dublin market outperformed most European bourses today, despite trading which traders described as “nervous” and “scrappy…Mon Nov 21 2011 - 00:00
Kentz has €1.8bn of contracts on booksENGINEERING AND instrumentation group Kentz has a pipeline of close to $2.4 billion (€1Sat Nov 19 2011 - 00:00
Netflix facing copyright hurdlesONLINE ENTERTAINMENT group Netflix still faces important copyright hurdles before it enters the Irish and British markets early…Fri Nov 18 2011 - 00:00
