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Ormonde Mining in funding talks

ORMONDE Mining is set to finalise funding plans for its Spanish tungsten project after establishing the development will generate…

Wed Feb 29 2012 - 00:00

ESB targets 1,000 jobs in effort to save €140m

THE ESB is seeking to cut 1,000 jobs and reduce overtime and other payments to staff in an effort to cut €140 million from its…

Wed Feb 29 2012 - 00:00

CRH sees value in emerging markets

CRH COULD step up acquisition spending in emerging markets in eastern Europe and Asia, according to its chief executive, Myles…

Wed Feb 29 2012 - 00:00

Kingspan bidding for rivals in US and Europe

KINGSPAN IS in the running to buy rivals in Europe and the United States as the Irish insulation and building technology specialist…

Tue Feb 28 2012 - 00:00

Shares in Irish oil firm surge on discovery

INVESTORS PILED into Irish exploration group Providence yesterday after it announced it had discovered oil during drilling in…

Tue Feb 28 2012 - 00:00

State may return to global bond markets this week

THE REPUBLIC may return to international bond markets for the second time in as many months this week when the European Central…

Mon Feb 27 2012 - 00:00

Wind energy limit sees ESB put €40m project on hold

RULES LIMITING the amount of wind energy on the Irish electricity system prompted State energy company ESB to put a €40 million…

Mon Feb 27 2012 - 00:00

State to export 'green' electricity to Britain in trade deal, says Minister

TALKS BETWEEN the Republic and Britain on a deal allowing large-scale exports of electricity from the State to its nearest neighbour…

Sat Feb 25 2012 - 00:00

Markets rally on positive US data

EUROPEAN MARKETS ended a mid-week losing run yesterday after data showing that more people than expected bought new homes in …

Sat Feb 25 2012 - 00:00

No easy task to get a good price amid pressure to sell and tough climate

ANALYSIS: A TARGET price of up to €3 billion for the State-owned businesses that the Government intends selling looks optimistic…

Thu Feb 23 2012 - 00:00

Revenue from sport set to hit €110bn by 2015

Sport: THE RETURN of financial services and automotive industry sponsors alongside expansion in emerging markets will help push…

Wed Feb 22 2012 - 00:00

ESB profits fall 40% as finance and interest payments rise

INCREASED INTEREST payments and finance costs contributed to a 40 per cent fall in profits at State-owned energy group, ESB, …

Wed Feb 22 2012 - 00:00

Call for jail terms to tackle price fixing

JUDGES MUST start jailing business people convicted of serious competition law offences if cartels and price fixing in the Republic…

Wed Feb 22 2012 - 00:00

CRH moves key personnel around in US management

MANAGEMENT: BUILDING MATERIALS group CRH is shaking up its US management with a series of changes involving existing personnel…

Tue Feb 21 2012 - 00:00

Mainstream and Goldwind to build wind farm in Chile

MAINSTREAM RENEWABLE Power plans to join forces with Chinese multi-national Goldwind to develop a wind farm in Chile with a value…

Tue Feb 21 2012 - 00:00

'We won't be bounced into asset sales'

FRIDAY INTERVIEW: Pat Rabbitte , Minister for Communications, Energy and Natural Resources

Fri Feb 17 2012 - 00:00

Rabbitte prepared to sell part of Bord Gáis

MINISTER FOR Energy Pat Rabbitte would favour selling part of Bord Gáis if it were to attract a big player to the Irish market…

Fri Feb 17 2012 - 00:00

Delays alleged in building materials price-fixing case

THE ACTIONS of CRH, Kilsaran, Readymix and other building materials companies contributed to the delay in a case being brought…

Fri Feb 17 2012 - 00:00

Court blocks bank bid to appoint receiver

DEVELOPER DAVID Agar yesterday succeeded in getting a High Court order preventing Ulster Bank from appointing a receiver to one…

Thu Feb 16 2012 - 00:00

CRH seeks dismissal of competition claims case

PUBLICLY QUOTED companies CRH and Readymix asked the High Court yesterday to dismiss a claim against them for damages for breaches…

Wed Feb 15 2012 - 00:00

Corrib pipeline 'to be ready by 2014'

Shell and its partners in the Corrib natural gas field plan to spend €800 million completing the project between now and 2014…

Mon Feb 13 2012 - 00:00

Lloyds takes control of Heuston complex

LLOYDS BANKING Group took control of the high-profile Heuston South Quarter complex in Dublin late yesterday following an agreement…

Sat Feb 11 2012 - 00:00

Ballymore wrote €26m off its assets

BALLYMORE DEVELOPMENTS, part of Seán Mulryan’s property empire, wrote almost €26 million off the value of its assets last year…

Fri Feb 10 2012 - 00:00

Bill Cullen hotel lost €912,000 in 2010

MUCKROSS PARK, the Killarney hotel owned by Bill Cullen, the businessman who fronts TV3’s The Apprentice, and his partner, Jackie…

Fri Feb 10 2012 - 00:00

Profits at Green Plains fell 20% to €29m last year

PROFITS AT Green Plains, the US biofuels group 20 per cent-owned by Irish utility NTR, fell by 20 per cent to €29 million last…

Fri Feb 10 2012 - 00:00

Incentives for staff 'knocking on doors' selling Irish goods

EMERGING MARKETS: WORKERS WHO spend long periods selling Irish goods and services in emerging markets will get tax exemptions…

Thu Feb 09 2012 - 00:00

Plans to sell credit card business dropped

THERE WERE unconfirmed reports yesterday that Bank of America intends to pull the sale of its Irish and British credit card business…

Wed Feb 08 2012 - 00:00

Share holders target of fraud bid

FRAUDSTERS ARE targeting retail shareholders in Irish plcs in a bid to get their bank account details and possibly other personal…

Wed Feb 08 2012 - 00:00

Vodafone Ireland's profits down 17%

PROFITS AT the Irish arm of mobile network operator Vodafone fell by close to 17 per cent to €106 million last year, the company…

Wed Feb 08 2012 - 00:00

United Drug wins €30m packaging deal

THE PACKAGING division of pharmaceutical and healthcare distributor United Drug has won a new contract from an existing customer…

Wed Feb 08 2012 - 00:00

Tax breaks for R&D bolstered

This year’s finance bill will bolster the existing tax breaks for research and development (R&D) that are designed to encourage…

Wed Feb 08 2012 - 00:00

United Drug forecasts rising earnings

Pharmaceutical and healthcare services group, United Drug, expects earnings this year to grow by between 4 per cent and 8 per…

Tue Feb 07 2012 - 00:00

Strong corporate data drives values

MARKETS ROSE across Europe yesterday, buoyed by good corporate news, stronger than expected jobs data from the US, and positive…

Sat Feb 04 2012 - 00:00

Tullow to sell $2.9bn stake in Ugandan oilfield

TULLOW OIL has been given permission for the sale of a $2

Sat Feb 04 2012 - 00:00

Spread betting firm risks being struck off

MARKETSPREADS, THE spread-betting company embroiled in a €1

Fri Feb 03 2012 - 00:00

Amaya bids €27m for Cryptologic

AMAYA GAMING is poised to make a formal bid for Cryptologic that values the Irish-based gambling software specialist at over €…

Fri Feb 03 2012 - 00:00

Investors likely to be sought for gas exploration project

TAMBORAN RESOURCES is likely to recruit new investors to raise some of the €50 million it needs to continue natural gas exploration…

Thu Feb 02 2012 - 00:00

Laws to raise online betting tax due before summer

NEW LAWS to raise tax from online betting are likely to be published before the summer, later than originally predicted in the…

Thu Feb 02 2012 - 00:00

Treaty boost to markets across Europe

Dow Jones: 12,632.91 (-0.16%) SP 500: 1,312.40 (-0.05%) Nasdaq: 2,813.84 (+0

Wed Feb 01 2012 - 00:00

Leitrim has $55bn gas reserves, firm claims

INITIAL INDICATIONS from exploration drilling in the northwest show that the area could hold enough natural gas to supply Irish…

Wed Feb 01 2012 - 00:00

Former executives at Marketspreads pursued for €1.4m

FINANCIAL SPREAD betting business Marketspreads is pursuing former executives Brian O’Neill and Fergus Rice for €1

Tue Jan 31 2012 - 00:00

Rainmaker secures €1.5m from Diageo Ulster Bank venture fund

RAINMAKER, THE airline software business run by former CityJet executive Pat Byrne, is raising €1

Mon Jan 23 2012 - 00:00

O'Donnell to step down as chief executive at Kentz

THE CHIEF operations officer at engineering group Kentz, Christian Brown, is set to succeed Hugh O’Donnell as chief executive…

Sat Jan 21 2012 - 00:00

Ballymore subsidiary Clearstorm shows end-of-year assets of €191m

LONDON-BASED Ballymore Properties subsidiary Clearstorm had assets worth close to €191 million at the end of its 2011 financial…

Fri Jan 20 2012 - 00:00

NTR agrees funding for wind project

NTR’S US wind energy arm has closed a deal with a group of international institutions that will allow it to borrow €270 million…

Fri Jan 20 2012 - 00:00

Cemex offers to buy out Readymix

MULTINATIONAL Cemex said yesterday it has offered to buy out the remaining 40 per cent of Irish company Readymix that it does…

Fri Jan 20 2012 - 00:00

Production snags hit Tullow share price

TULLOW OIL’S share price fell more than 4 per cent yesterday after the company confirmed technical problems had slowed production…

Thu Jan 19 2012 - 00:00

Ballymore €45m sale takings for Nama

BALLYMORE Properties will hand over the €45 million it is poised to make from the sale of a London development site to State …

Thu Jan 19 2012 - 00:00

Mixed day for European markets

MARKETS WERE very much a mixed bag across Europe yesterday, although there was some semblance of good news in an IMF proposal…

Thu Jan 19 2012 - 00:00

DCC says mild winter will hit profits

DCC’s SHARE price fell sharply after the industrial group warned that the mild winter was likely to leave profits trailing expectations…

Tue Jan 17 2012 - 00:00
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