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  • Weather Forecast

Kenmare shares fall after mining incident

KENMARE RESOURCES has stopped production at its Mozambique titanium mine after an incident there flooded part of a nearby village…

Sat Oct 09 2010 - 01:00

Sisk wins lucrative projects in Britain

BUILDING AND civil engineering group Sisk is beginning work on about €300 million worth of projects in Britain, including an …

Fri Oct 08 2010 - 01:00

Former SWS executives to run green energy group's Irish unit

FORMER EXECUTIVES from green energy operator SWS are to head up an Irish subsidiary of Element Power, a global group backed by…

Fri Oct 08 2010 - 01:00

Cork hospital raises €7m from private sources

THE OPERATOR of a private hospital due to open next week has raised about €7 million of the total €90 million investment from…

Wed Oct 06 2010 - 01:00

Fitch downgrades CRH credit rating over long-term debt default risk

INTERNATIONAL RATINGS agency Fitch said yesterday that there was an increased risk that building materials group CRH could default…

Wed Oct 06 2010 - 01:00

Delta Index back in green following €630,000 loss

FINANCIAL spread-betting operation Delta Index says it has returned to profit in the first half of the year for the first time…

Wed Oct 06 2010 - 01:00

Nama to get say in McInerney court battle

STATE ASSETS agency Nama is likely to have a direct say in efforts to rescue troubled house builder McInerney Homes when the …

Tue Oct 05 2010 - 01:00

Ardagh Glass raises €1.7bn to fund Impress deal

ARDAGH GLASS has borrowed close to €1

Sat Oct 02 2010 - 01:00

Goffs to sell stake in French operation over €5.7m bad debts on sold horses

BLOODSTOCK AGENCY Goffs was owed almost €6 million at the end of its last financial year by customers who bought racehorses at…

Sat Oct 02 2010 - 01:00

UK governance rules for listed firms

LISTED COMPANIES will have to adopt the new UK Corporate Governance Code from today, under new rules published by the Irish Stock…

Fri Oct 01 2010 - 01:00

Taxpayer facing €50bn bill for saving banking system

TWO YEARS after the Government first stepped in to guarantee the Republic’s banks’ liabilities to lenders and deposit holders…

Fri Oct 01 2010 - 01:00

Soden among Central Bank nominees

FORMER BANKER Michael Soden, trade unionist Des Geraghty and economist Prof John FitzGerald are to join the new Central Bank …

Thu Sept 30 2010 - 01:00

€3.5m paid to 13,000 after collapse of travel firms

THE AVIATION industry’s watchdog had to hire extra staff to deal with the fallout from the number of travel business failures…

Wed Sept 29 2010 - 01:00

Coillte and ESB to develop wind farm

TWO STATE companies are joining forces to develop a €50 million wind farm in Wicklow.

Wed Sept 29 2010 - 01:00

Pepe blames high rents as six jeans stores and 36 jobs to go

A WELL-KNOWN fashion franchise is planning to shut up shop with the loss of more than 30 jobs

Tue Sept 28 2010 - 01:00

McInerney's Irish firms have credible chance - judge

TROUBLED HOUSE builder McInerney’s business plan is realistic and the group’s Irish businesses have a reasonable prospect of …

Sat Sept 25 2010 - 01:00

Banks under pressure over worries about refinancing

DUBLIN REPORT: Iseq: 2,698.83 (+13.34) Settlement Date: September 29th

Sat Sept 25 2010 - 01:00

Providence shares rise on prospect of gas find

THE SHARE price of Providence Resources rose by over 9 per cent yesterday after the company said it had identified a possible…

Sat Sept 25 2010 - 01:00

Small gain for Iseq on quiet day

While better than expected news from the US lifted its European peers, underperforming banks and generally quiet trade meant …

Fri Sept 24 2010 - 01:00

Betting levy would oblige punters to hand over 2% of profits on winnings

PUNTERS WOULD have to hand over 2 per cent of their profits on any winning bets to the State under a measure that is being considered…

Fri Sept 24 2010 - 01:00

Gaelectric raises €14m for US projects

GREEN ENERGY group Gaelectric has raised almost €14 million to fund the development of part of its US operations.

Fri Sept 24 2010 - 01:00

Permission sought for geothermal plant

AN IRISH energy company is seeking planning permission for the country’s first facility for generating electricity from heat …

Thu Sept 23 2010 - 01:00

Average bond interest rate to stay the same as last year

TAXPAYERS WILL pay an average of 4

Thu Sept 23 2010 - 01:00

Bord Gáis critical of older power stations

BUSINESSES AND consumers are paying too much for electricity because there are too many ageing and inefficient power plants operating…

Wed Sept 22 2010 - 01:00

Deriving force

THE FRIDAY INTERVIEW/BRIAN CONLON Chief executive First Derivatives: FIRST DERIVATIVES chief executive Brian Conlon is looking…

Fri Sept 17 2010 - 01:00

ESB agrees loan deal to fund NI takeover

STATE ENERGY company, the ESB is borrowing €2

Thu Sept 16 2010 - 01:00

Eirgrid says wind farms need extra €6bn to meet EU targets

A FURTHER €6 billion will have to be spent on building new wind farms in the Republic between now and 2020 if it is to meet EU…

Thu Sept 16 2010 - 01:00

Iseq drops on quiet day of trading

The Dublin market slid back on what traders called a quiet day as European stocks generally fell back as more economic data pointed…

Thu Sept 16 2010 - 01:00

Gaelectric wins permission for €22m wind farm in Tyrone

ENERGY GROUP Gaelectric has been given the green light for a €22 million wind farm project in Co Tyrone.

Tue Sept 14 2010 - 01:00

Building decline appears to be slowing

BUILDERS CONTINUED to feel the squeeze last month as the three-year decline in their industry continued, the latest figures show…

Mon Sept 13 2010 - 01:00

McInerney backer offers banks €60m

A PRIVATE equity firm behind the proposed rescue of housebuilder McInerney has asked its banks to accept repayment of €60 million…

Sat Sept 11 2010 - 01:00

Petroneft field at 1,500 barrels a day

EXPLORATION GROUP Petroneft is producing 1,500 barrels of oil a day from one of its fields in Russia, the Dublin-listed company…

Fri Sept 10 2010 - 01:00

Planet Business

A look back at the week in business

Fri Sept 10 2010 - 01:00

Kenmare expects bigger base of shareholders on joining index

MINING GROUP Kenmare Resources expects to recruit more institutions as shareholders – with obvious implications for its share…

Fri Sept 10 2010 - 01:00

Banks in control of McInerney subsidiary

THE BANKS have taken control of a McInerney Homes subsidiary that is not under the High Court’s protection from its creditors…

Wed Sept 08 2010 - 01:00

Debt fears and weaker CRH help Iseq shed almost 1%

DUBLIN REPORT: Iseq: 2,782.64 (–24.47) Settlement date: September 10th

Wed Sept 08 2010 - 01:00

Iseq moves up marginally in quiet trading session

DUBLIN REPORT: Iseq: 2,807.11 (+7.21) Settlement date: September 9th

Tue Sept 07 2010 - 01:00

Ely group refinances its €18m debt

ELY PROPERTY, the student accommodation specialist that was bought out of the defunct Newcourt group before it was wound up last…

Fri Sept 03 2010 - 01:00

Planet Business

A look back at the week in business

Fri Sept 03 2010 - 01:00

Electricity costs for industries to rise

INDUSTRIES FACE a second potential hike in their energy costs from next month as the State plans to reduce credits allowed to…

Thu Sept 02 2010 - 01:00

Operating profits at IFG down 90% in first six months

OPERATING PROFITS at financial services group IFG fell by more than 90 per cent in the first six months of the year to €300,000…

Wed Sept 01 2010 - 01:00

Builders McInerney record first-half loss of almost €17m

McINERNEY, the house building group that last week sought court protection from its creditors, lost almost €17 million in the…

Wed Sept 01 2010 - 01:00

Grafton sees profit growth on back of sales in Britain

PROFIT GROWTH returned to Grafton, the builders’ merchant and owner of Woodies and Atlantic Homecare DIY chains, in the first…

Wed Sept 01 2010 - 01:00

Court grants McInerney protection from creditors

THE HIGH Court yesterday gave troubled builder McInerney Homes protection from its creditors in the first case of its kind to…

Fri Aug 27 2010 - 01:00

REO stops paying interest due to creditors

TREASURY Holdings-backed property group Real Estate Opportunities (REO) will not pay interest due to a group of its creditors…

Fri Aug 27 2010 - 01:00

World Cup takings boosted profits for Paddy Power

WINNINGS OF more than €11 million from World Cup betting and contributions from the Australian businesses it bought last year…

Thu Aug 26 2010 - 01:00

Building materials giant blames weaker demand in US for 77% fall in profits

ANALYSIS: CRH’S OWN stockbroker, Irish firm Davy, yesterday suggested a loss of market share as one possible reason for what…

Wed Aug 25 2010 - 01:00

CRH warns this year's earnings will fall 10%

INTERNATIONAL BUILDING materials group CRH warned yesterday that this year’s earnings would fall 10 per cent short of 2009 as…

Wed Aug 25 2010 - 01:00

Profits at Kingspan up for the first time since 2007

PROFITS AT insulation and building materials specialist Kingspan increased for the first time since 2007 in the opening six months…

Tue Aug 24 2010 - 01:00

Irish Life in dispute with developer over €170m deal

IRISH LIFE is in dispute with a Luxembourg developer over a €170 million property deal that the pensions and investment group…

Tue Aug 24 2010 - 01:00
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