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Electricity project to invest €240m in Mayo region

STATE 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

Exports remain steady but business confidence weakens

EXPORTERS’ 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

Stocks boosted on positive US news

MORE 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

ECB lends €489bn in bid to ease euro crisis

MORE 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

Iseq ends in positive territory

More 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

Conroy Gold may begin mines in Border counties

EXPLORATION 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 - Moodys

MORE 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 year

OVERSEAS 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 Gáis

MULTINATIONAL 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 future

CLOSE 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 order

THE 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 assets

THE PROPERTY company run by Brian O’Donnell – the lawyer who was last week ordered to pay €71

Mon Dec 19 2011 - 00:00

Pressure on Coalition over illegal downloads

EVEN 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 Cryptologic

RIVAL 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' spirits

GOOD 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 Iseq

Good 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 bonuses

MANAGEMENT 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 action

EBS 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 Station

STATE 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 regulation

TAMBORAN 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 firm

THE 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

Nama in talks to sell Louis Vuitton store

STATE 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

Builder Abbey sees profits fall

PROFITS 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

Bank appoints receiver to some assets of Shelbourne

SHELBOURNE 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 year

FORMER 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 receivership

BANK 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 shelved

The 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 waiver

STATE AGENCY Horseracing Ireland (HRI) waived an €8

Sat Dec 03 2011 - 00:00

C&F books €7m profit as company eyes renewable energy openings

CONTRACT 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 fail

STATE 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

Administration sought for Battersea

TWO OF the creditors that are seeking to have Irish-owned Battersea Power Station placed in administration indicated yesterday…

Fri Dec 02 2011 - 00:00

Nama and Lloyd's Bank set to take control of Battersea power plant

STATE 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 creditors

ONE 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 sector

A €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 threat

A 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 profit

HOME 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 Battersea

STATE 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 boost

THE 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 operations

TWO 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 location

MULTINATIONAL 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 uncertainty

Iseq: 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 closes

STATE 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 markets

The 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 books

ENGINEERING AND instrumentation group Kentz has a pipeline of close to $2.4 billion (€1

Sat Nov 19 2011 - 00:00

Netflix facing copyright hurdles

ONLINE ENTERTAINMENT group Netflix still faces important copyright hurdles before it enters the Irish and British markets early…

Fri Nov 18 2011 - 00:00

Low volumes traded mirror trend across rest of Europe

Iseq: 2638.62 (-40.74) Settlement date: November 22nd THE DUBLIN market followed the rest of Europe yesterday as many investors…

Fri Nov 18 2011 - 00:00

Interest shown in pharmacy group

A NUMBER of potential suitors are interested in investing in the troubled McSweeney pharmacy group

Fri Nov 18 2011 - 00:00

Centrica may be planning bid for Bord Gáis stake

BRITISH UTILITY Centrica is understood to be interested in moving into the Irish market, and may be prepared to bid for a stake…

Wed Nov 16 2011 - 00:00

Kingspan expects 2011 profits to rise by up to 25%

PROFITS AT Kingspan could be up to 25 per higher in 2011, the insulation and building materials specialist said yesterday, but…

Tue Nov 15 2011 - 00:00

Exxon Kurdistan entry likely to rally Petroceltic interest

OIL GIANT Exxon Mobil’s confirmation at the weekend that it has entered Kurdistan is likely to boost interest in Irish explorer…

Mon Nov 14 2011 - 00:00
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