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Receiver for restaurants Asian chain still trading

PROBLEMS WITH its overseas operations have contributed to forcing Asian restaurant chain Mao into receivership.

Fri Jul 02 2010 - 01:00

Petroceltic dips 12% on Italian drill ban

EXPLORER PETROCELTIC’S share price dropped over 12 per cent yesterday after the company announced that an Italian government …

Fri Jul 02 2010 - 01:00

VHI had 2009 losses of almost €42m

STATE-CONTROLLED HEALTH insurer VHI ended 2009 almost €42 million in the red and lost 120,000 customers during the year, its …

Fri Jul 02 2010 - 01:00

Healthcare costs to grow by '6% to 7%' annually

THE COST of healthcare will hit €37 billion in 2020 and will grow at between 6 per cent and 7 per cent a year over the next decade…

Fri Jul 02 2010 - 01:00

Key electricity link faces long delay over Eirgrid error

DEVELOPMENT OF a critical piece of the State’s electricity network faces a long delay as a result of a mistake by the State company…

Wed Jun 30 2010 - 01:00

O'Brien's outlets in UK to be wound up

TWO O’BRIEN’S sandwich bar companies in Britain are set to be wound up after a year-long administration process that resulted…

Tue Jun 29 2010 - 01:00

Property firm €10m in red when receiver named

THE PROPERTY company behind the bid to redevelop Finglas Shopping Centre in Dublin was €10 million in the red when a receiver…

Tue Jun 29 2010 - 01:00

Wexford traders top financial spread betting league

WEXFORD’S SPREAD traders are the sharpest in the Republic, while their rivals in Dublin, the centre of the State’s financial …

Mon Jun 28 2010 - 01:00

Lenihan to change financial Bill on advice of ECB

MINISTER FOR Finance Brian Lenihan is set to change legislation designed to reform the State’s financial regulation on the advice…

Sat Jun 26 2010 - 01:00

Only 7,500 new houses to be built in Republic this year, experts predict

THE NUMBER of new houses built in the Republic could slump to 7,500 this year, while employment in construction as a whole is…

Sat Jun 26 2010 - 01:00

EU to discuss toughening safety rules for offshore oil drilling

THE EU Commission is meeting oil industry representatives today to discuss toughening regulations and safety standards for drilling…

Fri Jun 25 2010 - 01:00

High-profile developers seeking capital from Nama

TAXPAYERS MAY have to provide money to a company backed by high-profile developers John Ronan and Richard Barrett through the…

Thu Jun 24 2010 - 01:00

Pharmacies seek arbitration over €50m takeover

ONE OF the State’s best known pharmacy chains is heading for arbitration proceedings next week following the failure of a €50…

Wed Jun 23 2010 - 01:00

Regulator and Central Bank to be merged in new regime

BANKING ENFORCEMENT: BANKS FACE more challenging regulation and tougher enforcement under the new regime proposed by the State…

Tue Jun 22 2010 - 01:00

Business and unions call for jobs boost

BUSINESS AND trade unions say that now is an ideal time to boost employment by stepping up spending on State building projects…

Tue Jun 22 2010 - 01:00

Electricity prices may rise over green levy

A PROPOSAL to pay for green energy incentives and supports for peat-fired power plants could add €40 a year to consumers’ electricity…

Tue Jun 15 2010 - 01:00

ESB says carbon-free future viable

IRELAND IS unlikely to have to pay as much for the transition to a carbon-free energy system as many other European countries…

Tue Jun 15 2010 - 01:00

Barclays to back €35m wind farm in Tyrone

UK BANK Barclays is backing a €35 million wind farm development in Tyrone – the biggest project of its kind to get off the ground…

Mon Jun 14 2010 - 01:00

Bord Gáis launches energy index

A new energy index designed to track movement in the wholesale energy market has been launched by Bord Gáis.

Mon Jun 14 2010 - 01:00

Carr communications turnover down €1m

CARR COMMUNICATIONS, the PR and media training agency known for polishing politicians’ images, made just €13,000 profit in its…

Sat Jun 12 2010 - 01:00

TVC boosted by Norkom and UTV share price gains

INCREASES IN the share prices of Norkom and UTV helped boost the value of listed investment vehicle TVC in the 12 months ended…

Fri Jun 11 2010 - 01:00

Liquidator and receiver appointed to take control of A1 Waste group

A LIQUIDATOR and receiver this week took control of A1 Waste group, one of the biggest operators in its sector in the Leinster…

Fri Jun 11 2010 - 01:00

Fewer than 10,000 homes may be built this year

FEWER THAN 10,000 homes could be built in the Republic this year, placing the State at the bottom of the European residential…

Wed Jun 09 2010 - 01:00

Siac Holdings makes pretax profit of €5m

SIAC HOLDINGS, the lead contractor on the M3 motorway, which opened yesterday, made €5 million in profits last year.

Sat Jun 05 2010 - 01:00

Nama to examine developers' plans to repay €15bn

NAMA WILL shortly begin scrutinising developers’ proposals for repaying the €15 billion they owe to the State agency on foot …

Sat Jun 05 2010 - 01:00

Losses at builders' provider hit €1.4m

LOSSES AT builders’ merchant and DIY group Dublin Providers Ltd (DPL) more than trebled to €1

Sat Jun 05 2010 - 01:00

A1 Waste firms face being wound up

TWO COMPANIES behind A1 Waste, one of the biggest operators in the waste management sector, face being wound up over the coming…

Fri Jun 04 2010 - 01:00

Sunseeker deal: Irish investors take majority stake in yacht manufacturer

IRISH INVESTORS, led by private equity players FL Partners, have taken a majority stake in luxury yacht and motorboat manufacturer…

Wed Jun 02 2010 - 01:00

Bookmaker calls for on-course tax increase

BOOKMAKER PADDY Power is calling on the Government to increase tax on on-course, internet and tote betting, and on stallion fees…

Wed Jun 02 2010 - 01:00

Petroceltic will raise €21m to develop Italian oil well

EXPLORATION GROUP Petroceltic will raise €21 million from two new investors to develop its oil interests off the Italian coast…

Wed Jun 02 2010 - 01:00

Irish companies join forces to tap geothermal energy

ESB INTERNATIONAL (ESBI) plans to join with GT Energy to develop systems for generating electricity from geothermal energy – …

Mon May 31 2010 - 01:00

Profits at Citibank's European business grow 10% to €516m

PROFITS AT Citibank’s Irish-based European business grew 10 per cent to over €500 million last year, its latest figures show…

Fri May 28 2010 - 01:00

Cementing the future

THE FRIDAY INTERVIEW:   Myles Lee, chief executive of CRH

Fri May 28 2010 - 01:00

Elan in talks with investors over sale of drug delivery unit

BIOTECH GROUP Elan has had talks with investors about the possible sale of its Athlone drug delivery business over the last month…

Fri May 28 2010 - 01:00

Airtricity to enter North's domestic supplymarket

ENERGY COMPANY Airtricity plans to begin selling electricity to householders in Northern Ireland, bringing competition to the…

Wed May 26 2010 - 01:00

CRH group finance director Culpepper to stand down

CRH’S GROUP finance director, Glenn Culpepper, is stepping down from the post for personal reasons and will be succeeded by his…

Wed May 26 2010 - 01:00

British acquisitions add €6.3m to C&C profits

THE BRITISH businesses bought by Bulmers cider maker C&C contributed €6

Wed May 26 2010 - 01:00

BofI approves 80% of loan applications

BANK OF Ireland says it is approving four out of five loan applications from small businesses.

Mon May 24 2010 - 01:00

Sales decline set to continue - retailers

MANY RETAILERS believe sales will continue falling over the next three months, according to a survey that will be published today…

Mon May 24 2010 - 01:00

Councils not availing of funds for building

JUST SEVEN of the Republic’s 35 local authorities gave the go-ahead to publicly funded building projects over the last two months…

Sat May 22 2010 - 01:00

More mortgages in arrears - Moody's

THE NUMBER of Irish people who have fallen behind on their mortgage repayments may have come close to doubling in the 12 months…

Fri May 21 2010 - 01:00

Plans for windfall tax on electricity suppliers delayed

A PROCEDURAL mix-up in the Dáil has left Government plans to impose a €75 million windfall tax on electricity suppliers facing…

Fri May 21 2010 - 01:00

It will take over 10 years to manage debt - think tank

IT WILL take more than 10 years for the Republic’s national debt to become manageable, a global competitiveness think tank warned…

Thu May 20 2010 - 01:00

Begg dismisses claims of economic recovery as 'guff'

A LEADING trade unionist yesterday dismissed as “guff” claims that the economy was on the road to recovery.

Thu May 20 2010 - 01:00

Airtricity aims for 500,000 customers by supplying gas

ENERGY COMPANY Airtricity hopes its entry into the Irish natural gas market will boost customer numbers to more than half a million…

Wed May 19 2010 - 01:00

Tullow project off Ghana on schedule

TULLOW OIL executives told shareholders at a meeting yesterday the company was still on schedule to begin oil production from…

Wed May 19 2010 - 01:00

Profits grow in Bowen Construction operations

PROFITS IN Bowen Construction’s operations grew 9 per cent last year to €4.9 million, according to its latest figures.

Tue May 18 2010 - 01:00

Airtricity enters domestic gas market

Airtricity says its move into the natural gas market will create up to 200 jobs and save some consumers an average of €210 a …

Tue May 18 2010 - 01:00

IL&P may look to buy ICS when it comes on market later this year

BANKING AND pensions group Irish Life & Permanent (IL&P) could bid for ICS Building Society when Bank of Ireland puts…

Sat May 15 2010 - 01:00

Kingspan expects 10% fall in profits

INSULATION SPECIALIST Kingspan expects operating profits in the first six months of this year to come in 10 per cent below the…

Fri May 14 2010 - 01:00
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