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Ex-head of building group sues over dismissal

THE FORMER managing director of building group McInerney Holdings, Barry O’Connor, is suing the company for unfair dismissal…

Wed Sept 19 2012 - 01:00

Bord na Móna to lay off over 100

STATE-OWNED Bord na Móna is laying off more than 100 seasonal workers and putting a further 90 on short time as it struggles …

Wed Sept 19 2012 - 01:00

Markets lose faith in ECB, Fed moves

EUROPEAN markets retreated yesterday as investors decided that the rallies sparked by initiatives from the European Central Bank…

Wed Sept 19 2012 - 01:00

Smurfit Kappa bond issue to raise €250m

INTERNATIONAL PACKAGING group Smurfit Kappa is preparing to refinance a further €250 million with a fresh bond issue yesterday…

Wed Sept 19 2012 - 01:00

Atlantic rescue plan approved

THE RESCUE plan for DIY chain Atlantic Homecare, approved yesterday, includes a saving of between €4 million and €5 million on…

Tue Sept 18 2012 - 01:00

Irish green energy firm may be dissolved

A GREEN energy company supported by Business Expansion Scheme investors’ money faces the prospect of being struck off and dissolved…

Mon Sept 17 2012 - 01:00

NIB turns to head office for cost reduction

DANISH-OWNED National Irish Bank (NIB) will turn its attention to its head office after completing a round of cuts that will …

Sat Sept 15 2012 - 01:00

Global surge follows Fed bond-buying

LEADING EUROPEAN markets reached their highest point for six months after the US Federal Reserve announced it was going to buy…

Sat Sept 15 2012 - 01:00

Trackers dispute likely for Supreme Court

ISSUES RAISED in the row between buy-to-let interest-only tracker-mortgage holders and Permanent TSB look destined for the Supreme…

Thu Sept 13 2012 - 01:00

Ex-Nama manager alleged to have sent wife sensitive emails

FORMER NAMA portfolio manager Enda Farrell allegedly sent more than 30 emails containing “highly confidential and commercially…

Thu Sept 13 2012 - 01:00

ESB considers move into telecoms sector

STATE-OWNED energy group ESB is considering expanding into the telecoms business.

Wed Sept 12 2012 - 01:00

Court told how developer and family used more than €6m owed to Nama

HIGH-PROFILE developer John McCabe and members of his family used more than €6

Wed Sept 12 2012 - 01:00

Tilman says court defeat will not stop operations

INVESTMENT MANAGER Tilman Brewin Dolphin said yesterday that it will continue operating despite a court ruling that threatens…

Tue Sept 11 2012 - 01:00

£28m profit at care home group

A 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 years

INTEREST 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 rise

INCREASED NETWORK charges and the euro’s weakness against sterling will leave State-owned ESB’s 1

Sat Sept 08 2012 - 01:00

ECB bond move drives values higher

MARKETS 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% - survey

HOME 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 companies

DEVELOPER 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

Electricity price rise on the way

State-owned ESB’s 1

Fri Sept 07 2012 - 01:00

Bus Éireann acts after inquiry

BUS 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 prices

KEY 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 consumers

INCREASED 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

Electricity and gas price hikes approved

CONSUMERS 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

ESB borrows €600m in five-year bond

STATE ENERGY company the ESB borrowed €600 million from European institutions yesterday to refinance existing bank debt and credit…

Wed Sept 05 2012 - 01:00

Businesses face increases of up to 7% in natural gas prices

BUSINESSES 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 Revenue

INSOLVENT 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 subsidiary

GRAFTON 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 profits

BOOKMAKER 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 on

TROUBLED 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

Key markets end two days of gains

KEY 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 deal

HEALTHCARE SERVICES group United Drug is buying two companies in the US for up to €32 million.

Wed Aug 29 2012 - 01:00

Maplewood says Nama forced it to insolvency

THE DIRECTORS of Maplewood Developments, which has gone into liquidation owing more than €300 million to creditors, have accused…

Wed Aug 29 2012 - 01:00

United Drug agrees €32m deals

Healthcare 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 €5bn

MEETING 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 Ardagh

THEY MAY be on hold for the moment, but Ardagh has not abandoned its intention to go back to the market

Fri Aug 17 2012 - 01:00

Ardagh group may build glass plant in Republic

PACKAGING 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 day

QUIET 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 funds

THE 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 Digicel

DENIS 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 month

ONE 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 farm

ENERGY 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

Building industry declines further in July

THE 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 Ireland

BUSINESS OPINION: Our State has missed a trick

Mon Aug 13 2012 - 01:00

Pensioners sue Glanbia for breach of contract

A 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

DCC to buy BP's liquified natural gas business for €50m

DCC 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

DCC to buy BP unit for €50m

Dublin-listed DCC is to buy BP’s liquid petroleum gas (LPG) distribution business in Britain for €50 million.

Wed Aug 08 2012 - 01:00

Legal firm in line for €75,000 as Full Tilt Poker set to be taken over

Law 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 $117m

THE 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

Goodbody staff join Brewin Dolphin

Three 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
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