Anti-competitive deals may have 'slipped through net'THERE IS a real possibility that the Republic’s mergers and monopolies legislation could have allowed anti-competitive deals …Sat Jun 25 2011 - 01:00
Nama close to moving against developerTHE NATIONAL Asset Management Agency is close to taking control of the building that houses Louis Vuitton’s high-profile London…Fri Jun 24 2011 - 01:00
REO in talks over Battersea stakeTREASURY HOLDINGS-backed Real Estate Opportunities (REO) is in talks with a number of investors interested in taking a majority…Fri Jun 24 2011 - 01:00
Iseq tracks European markets, rising 1.2%Iseq : 2,907.42 (+34.50) Settlement date : June 24thWed Jun 22 2011 - 01:00
Investor in Irish firm linked to censureTHE INVESTOR behind the move to oust the McInerney plc board was the principal of a firm fined £250,000 (€282,000) and censured…Wed Jun 22 2011 - 01:00
People who switch energy firms will have debt flaggedCONSUMERS WHO attempt to switch electricity or gas companies before settling outstanding bills with their original supplier will…Tue Jun 21 2011 - 01:00
Once-off pension payment tips ESB into €89m lossINTEREST PAYMENT charges and the cost of plugging a €2 billion shortfall in its pension plan left the ESB with an €89 million…Sat Jun 11 2011 - 01:00
Petroceltic hoping to expand portfolioOIL AND gas explorer Petroceltic hopes to add to its portfolio of licences over the next yearSat Jun 11 2011 - 01:00
Firm told to pay pension schemeTHE LABOUR Court has told building company PJ McLoughlin to pay €522,000 to the construction industry pension scheme in a ruling…Fri Jun 10 2011 - 01:00
Gas prices to small businesses to be liberalisedSMALL BUSINESSES could benefit from a fall in natural gas prices from next autumn, when the State’s energy regulator has signalled…Wed Jun 08 2011 - 01:00
Belfast shipbuilder's second wind in renewable energyHarland & Wolff has had to reinvent itself radically over the last two decadesFri Jun 03 2011 - 01:00
Time for a shake-up at CRH?Performance has been sluggish and now there are questions about top management’s benefitsFri Jun 03 2011 - 01:00
Energy U-turn may cause price hikesBUSINESSES AND consumers could face energy price hikes as a result of Germany’s decision to phase out nuclear power, according…Wed Jun 01 2011 - 01:00
Receivers in control of 15 companies in Elliott groupFIFTEEN COMPANIES in the Elliott construction group are under the control of receivers Kieran Wallace and Cormac O’Connor of …Wed Jun 01 2011 - 01:00
Carton shareholder sues for breach of investment termsA SHAREHOLDER in the Carton Group poultry business is suing the company and its other owners, members of the Carton family, for…Tue May 31 2011 - 01:00
Receiver appointed to South Dublin MotorsBANK OF Scotland Ireland yesterday appointed a receiver to South Dublin Motors as a legal dispute between the dealer and the …Tue May 31 2011 - 01:00
Majority of CEOs expect no growth this yearALMOST NINE out of 10 business leaders do not expect the economy to start growing again until at least next year, according to…Mon May 30 2011 - 01:00
Collapse threatens Irish companies of Howard HoldingsACCOUNTS FOR the main Irish property companies of Howard Holdings show the directors have acknowledged that the collapse in asset…Mon May 30 2011 - 01:00
Creditor seeks to have Bowen UK subsidiary wound upA CREDITOR of building group Bowen Construction’s British subsidiary, Bowen plc, is seeking to have it wound up over a reported…Fri May 27 2011 - 01:00
$300m deal sees Tullow boost its presence in GhanaTULLOW OIL is poised to boost its presence in Ghana through a cash-and-shares deal valued at over $300 million (€212 million…Fri May 27 2011 - 01:00
Tullow to boost North Sea outputTULLOW OIL is set to boost production from the North Sea with a €300 million purchase of assets from Scandinavian utility, Vattenfall…Wed May 25 2011 - 01:00
Readymix has loss of €4m in first quarter as volumes fallBUILDING MATERIALS group Readymix has lost over €4 million in the first three months of this year, the company told shareholders…Tue May 24 2011 - 01:00
Elliott wrote off €43m on property in 2009THE ELLIOTT construction group, part of which went into receivership on Wednesday, wrote almost €43 million off the value of …Sat May 21 2011 - 01:00
Revenues at Paddy Power's online betting arm up 33%POOR RESULTS from the Cheltenham jump racing festival and other sports dented returns in Paddy Power’s Irish betting shops, but…Wed May 18 2011 - 01:00
60 cases taken against builders over sick pay fundTRADE UNION Siptu has taken action against 60 building companies over the last year for failing to comply with obligations to…Tue May 17 2011 - 01:00
Two firms ask court to wind up P ElliottTWO COMPANIES will seek to have construction group P Elliott wound up in the courts this month.Sat May 14 2011 - 01:00
Union and FF man's firm in pension rowTHE LABOUR Court yesterday adjourned a case involving a company controlled by builder and Fianna Fáil activist, Jerry Beades, …Sat May 14 2011 - 01:00
Construction firm in dispute over airport car parkTHE MULTI-STOREY car park at Dublin airport’s new Terminal 2 building is the focus of a dispute between civil engineering group…Fri May 13 2011 - 01:00
Kingspan plans major purchase for early next yearKINGSPAN COULD be in a position to complete a further large-scale acquisition early next year, according to the company’s chief…Fri May 13 2011 - 01:00
Eirgrid to provide high-speed broadbandNATIONAL GRID operator Eirgrid will provide a high-speed broadband link between Britain and Ireland alongside the €600 million…Fri May 13 2011 - 01:00
VAT cuts, tax breaks and levies in strategyJOBS INITIATIVE: THE GOVERNMENT strategy to boost job creation includes plans to cut VAT, increase tax breaks for employers …Wed May 11 2011 - 01:00
Ardagh set to begin €3.2bn flotationIRISH-BACKED packaging giant Ardagh will this week take the first steps to floating at least some of the €3Tue May 10 2011 - 01:00
Creditor serves notice on P Elliott for €100,000A CREDITOR of the troubled P Elliott construction group has taken the first step towards winding the business up over a €100,…Wed May 04 2011 - 01:00
Judge appoints interim examiner to Xtra-visionHOME ENTERTAINMENT chain Xtra-vision is under court protection from its creditors following a hearing yesterday at which David…Sat Apr 30 2011 - 01:00
Exports drive profits at State forestry firm Coillte over €30mEXPORTS HELPED push profits at Coillte beyond €30 million last year, the latest figures show.Fri Apr 29 2011 - 01:00
Irish energy firm in €100m Saudi dealAN IRISH energy company has won a €100 million-plus contract to supply a heating, cooling and power system to a commercial development…Fri Apr 29 2011 - 01:00
Grehan move a first for NamaANALYSIS: The Grehans are hoping their London properties will clear the debt owed to the StateThu Apr 28 2011 - 01:00
ESB chief critical of McCarthy proposalsTHE REPORT that advocates the sale and break up of the ESB is inaccurate and unnecessarily negative, according to the State company…Thu Apr 28 2011 - 01:00
Integrated EU electricity market may force up price in Ireland, says ESRIA SINGLE EU electricity market could end up leaving Irish consumers facing extra costs, the Economic and Social Research Institute…Wed Apr 27 2011 - 01:00
Building firm lays off staff and shuts outletSTAFF AT construction and property group P Elliott were told yesterday that they were being laid off while a hardware and households…Fri Apr 22 2011 - 01:00
Companies identified for disposal worth €5bnSECTIONS OF the ESB, RTÉ and CIÉ could be sold into the private sector if the Government follows through on the recommendations…Thu Apr 21 2011 - 01:00
Partial sale of ESB and Bord Gáis proposedESB/BORD GÁIS: ECONOMIST COLM McCarthy’s review of State assets recommends the break-up and partial sale of both the ESB and…Thu Apr 21 2011 - 01:00
Auditors failed to report banks were lending too much to developersACCOUNTANTS: THE ACCOUNTANTS who were supposed to act as watchdogs over bank finances generally failed to report that they were…Wed Apr 20 2011 - 01:00
Builders' representatives meet developer over payment delaysINDUSTRY REPRESENTATIVES have met construction and property development group, P Elliott, after subcontractors raised concerns…Wed Apr 20 2011 - 01:00
Canadian rival buys $1m stake in Irish online gaming firm CryptologicAMAYA GAMING, a Canadian rival of online gambling software specialist Cryptologic, is building a stake in the Irish-based firm…Wed Apr 20 2011 - 01:00
Executives feared breaking from herd mentalityMAINSTREAM LENDERS: BANK EXECUTIVES feared they would be punished formally or informally if they broke with the herd mentality…Wed Apr 20 2011 - 01:00
Sammon takes over €20m joint school dealTHE SAMMON building group is taking full control of a joint venture it had established with Cavan-based rival P Elliott, to build…Tue Apr 19 2011 - 01:00
Quinn cites reliance on banks for collapseSEÁN QUINN has blamed over-reliance on the banks and their economic predictions for the group’s problems.Tue Apr 19 2011 - 01:00
Tullow Oil sues ex-partner for €220mOIL EXPLORATION and production group Tullow is suing its former partner in the development of two of its Ugandan licences, Heritage…Tue Apr 19 2011 - 01:00
State on target to meet bailout termsGROWTH FORECAST: LOWER THAN expected economic growth in the Republic this year is unlikely to prevent the State from meeting…Sat Apr 16 2011 - 01:00
