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Drumm follows chairman in leaving Anglo

CHIEF EXECUTIVE: ANGLO IRISH Bank chief executive David Drumm resigned his position at lunchtime yesterday following the departure…

Sat Dec 20 2008 - 00:00

Bradshaw quits as joint loan with FitzPatrick revealed

SEÁN FITZPATRICK’S resignation from Anglo Irish Bank on Thursday grabbed all the headlines, but he wasn’t the only director to…

Sat Dec 20 2008 - 00:00

State plans €3bn capital injection into Anglo Irish Bank

THE STATE is set to become the majority shareholder in Anglo Irish Bank as intensive negotiations continue this weekend on an…

Sat Dec 20 2008 - 00:00

Aer Lingus confirms it will open base at Gatwick in £100m investment

AER LINGUS yesterday confirmed that it will open a base at London’s Gatwick airport next April, as was revealed by The Irish …

Sat Dec 20 2008 - 00:00

Keeping family spirit alive

THE FRIDAY INTERVIEW/Alexandre Ricard, chief executive of Irish Distillers Pernod Ricard: LIKE MANY of his compatriots, Frenchman…

Fri Dec 19 2008 - 00:00

Aer Lingus plans to open base at Gatwick for short-haul trips

AER LINGUS is planning to open a base at Gatwick Airport in London next spring, offering short-haul flights to continental Europe…

Fri Dec 19 2008 - 00:00

Plan to cut airport jobs and shelve Dublin's second runway

DUBLIN AIRPORT Authority has told trade unions that it will seek voluntary redundancies early next year at Dublin, Cork and Shannon…

Thu Dec 18 2008 - 00:00

Argos after-tax profits fall sharply despite sales growth

BRITISH CATALOGUE retailer Argos saw its after-tax profits in Ireland decline sharply last year in spite of a 14 per cent growth…

Thu Dec 18 2008 - 00:00

Clare businessmen defy the gloom and sell firm for €25m

IN DEFIANCE of the gloom overshadowing the business world, three Clare businessmen have agreed to sell their Ennis-based customer…

Mon Dec 15 2008 - 00:00

TechRec to close processing plant

IRISH ELECTRONIC waste recycler TechRec, a subsidiary of Philip Lynch's One51 investment group, is closing its state-of-the-art…

Sat Dec 13 2008 - 00:00

Takeover Panel censures Ryanair for rule breach

RYANAIR has been censured by the Irish Takeover Panel for breaching rule 16 of its code by giving guarantees last week to Minister…

Sat Dec 13 2008 - 00:00

Aer Lingus chief to seek investor who will prevent Ryanair bid

AER LINGUS chairman Colm Barrington has vowed to find a friendly investor who will take a majority stake in the airline to prevent…

Fri Dec 12 2008 - 00:00

Financial separation of airports to be put off

MINISTER FOR Transport Noel Dempsey is expected to announce next week his decision to defer the financial separation of Dublin…

Fri Dec 12 2008 - 00:00

Airline bosses to brief Minister on Ryanair bid

SENIOR MEMBERS of Aer Lingus’s board of directors will meet today with Minister for Transport Noel Dempsey to outline their opposition…

Thu Dec 11 2008 - 00:00

Aer Lingus shares down 1% in spite of agreement

AER LINGUS'S share price closed down by just under 1 per cent in Dublin yesterday in spite of the company securing agreement …

Wed Dec 10 2008 - 00:00

Irish hotel prices fall by 8% to €102 a room

HOTEL PRICES in Ireland fell by an average of 8 per cent year on year to €102 a room in the third quarter of 2008, according …

Wed Dec 10 2008 - 00:00

O'Leary set to swoop on Aer Lingus

TWO YEARS on and the mood music from the Government on a Ryanair takeover of Aer Lingus has completely changed.

Fri Dec 05 2008 - 00:00

Irish at helm Down Under

AT A breakfast briefing hosted by The Irish Times in late October, Willie Walsh spoke in private of his high regard for Alan …

Fri Dec 05 2008 - 00:00

Soccer helps Setanta to score an increase in turnover

ACCOUNTS FOR two UK-based companies in the Setanta Sports team shed some light on the financial performance of the Irish broadcaster…

Fri Dec 05 2008 - 00:00

Minister hears O'Leary's case for merger

RYANAIR CHIEF executive Michael O'Leary last night outlined his case for a merger with Aer Lingus to be allowed proceed at a …

Thu Dec 04 2008 - 00:00

Rothwell in talks with Moonduster over bid for ICG

IRISH CONTINENTAL Group (ICG) chief executive Eamonn Rothwell and the Philip Lynch-led Moonduster consortium look set to launch…

Wed Dec 03 2008 - 00:00

Cabinet briefed on Ryanair offer for Aer Lingus

MINISTER FOR Transport Noel Dempsey briefed the Cabinet yesterday on Ryanair's latest offer for Aer Lingus.

Wed Dec 03 2008 - 00:00

Jurys group is rebranded

THE IRISH Jurys Doyle hotel group, which is owned by members of the Doyle and Beatty families, is to be renamed the Doyle Collection…

Wed Dec 03 2008 - 00:00

Aer Lingus rejects new takeover offer from Ryanair

THE BOARD of Aer Lingus yesterday rejected a new offer from Ryanair to buy the airline, following an emergency meeting of its…

Tue Dec 02 2008 - 00:00

Softer approach from O'Leary

ANALYSIS : Michael O'Leary insists Ryanair's bid for Aer Lingus makes 'industry logic'. Others disagree.

Tue Dec 02 2008 - 00:00

Ryanair says merger would help Aer Lingus

RYANAIR CHIEF executive Michael O'Leary has said he would seek to establish Aer Lingus bases in the UK and Europe in a move to…

Tue Dec 02 2008 - 00:00

C&C share plan explained

C&C's three new senior executives will be entitled to walk away from the company with combined compensation of €800,000 if…

Tue Dec 02 2008 - 00:00

Union anger at €928m Thermo King dividend

THE US-BASED parent of Galway refrigeration unit manufacturer Thermo King, which this week said it was laying off 110 workers…

Sat Nov 29 2008 - 00:00

TK Maxx bucks retailing trend as new shops help store to bumper sales

BRANDED DISCOUNT retailer TK Maxx enjoyed bumper sales in Ireland last year, helped by two new store openings.

Sat Nov 29 2008 - 00:00

Low-key launch of new Arnotts store amid gloom

EARLY YESTERDAY morning, without any publicity or fuss, the shutters went up on the new Arnotts store in the Jervis Street shopping…

Fri Nov 28 2008 - 00:00

Suite success

THE FRIDAY INTERVIEW/Billy Hastings, doyen of  the North's hotel industry: AT 80 years of age, Dr Billy Hastings, doyen of Northern…

Fri Nov 28 2008 - 00:00

Britvic's Irish sales losing their fizz

REVENUES AT the Irish arm of UK-based soft drinks group Britvic lost much of their fizz in the 12 months to the end of September…

Thu Nov 27 2008 - 00:00

Sales rise by 15% but pretax profit falls at Brennan bakeries

DUBLIN-BASED Joseph Brennan Bakeries made lots of bread last year although not as much as in 2006, according to accounts just…

Tue Nov 25 2008 - 00:00

Speculation on troubled B&B continues

SPECULATION IS mounting in Australia that troubled investment group Babcock & Brown (B&B), which is an indirect shareholder…

Tue Nov 25 2008 - 00:00

Coyle sold €15m Largo stake to German snack firm

ENTREPRENEUR RAY Coyle sold a 15 per cent stake in his Largo Foods crisp-making business last year to Cologne-based food group…

Fri Nov 21 2008 - 00:00

Wholesale grocery group BWG posts annual sales of €1.3bn, a rise of 5%

Shelf life: Spar and Mace operator files accounts for its first full year under Triode ownership

Thu Nov 20 2008 - 00:00

O'Brien buys more Sterling shares

IRISH ENTREPRENEUR Denis O'Brien announced yesterday that he has acquired more shares in Sterling Energy, the AIM-quoted oil …

Tue Nov 18 2008 - 00:00

ICG profits slip due to fuel costs and drop in passengers

IRISH CONTINENTAL Group’s (ICG) operating profit in the first nine months of this year declined by more than 15 per cent to €…

Tue Nov 18 2008 - 00:00

Lynch-led group in funding talks for ICG bid

THE PHILIP Lynch-led Moonduster consortium is believed to be in talks with a number of banks here in a bid to secure some funding…

Sat Nov 15 2008 - 00:00

BQ Ireland's DIY puts it into the red

DIY retailer BQ Ireland slipped into the red last year as the company spent heavily on new stores and refurbishing existing outlets…

Sat Nov 15 2008 - 00:00

McDonald's can dine out on 32% rise in Irish pre-tax profit

FAST-FOOD giant McDonald's increased its pre-tax profit in Ireland by 32 per cent to €15

Sat Nov 15 2008 - 00:00

Indaver sees profits halve to €861,194

PROFITS AT hazardous waste disposal group Indaver Ireland halved in 2007 to €861,194 due to the loss of one large customer.

Fri Nov 14 2008 - 00:00

Findlay cuts back €52m offer for five radio stations by 36%

IN A clear signal of the impact of the economic recession here, Scottish businessman Richard Findlay has trimmed 36 per cent …

Fri Nov 14 2008 - 00:00

TVC downgrades value of assets portfolio by €28m

DUBLIN-BASED INVESTMENT group TVC Holdings has reduced the value of its investment portfolio by €28 million to reflect a recent…

Thu Nov 13 2008 - 00:00

Takeover panel clears consortium to make another offer for ICG

THE IRISH Takeover Panel is believed to have informed the Philip Lynch-led Moonduster consortium that the moratorium on it making…

Sat Nov 01 2008 - 00:00

UTV writes off €26.5m in radio stations' value

BELFAST-BASED broadcaster UTV has written off €26

Sat Nov 01 2008 - 00:00

BA to suspend Dublin-Gatwick service because of Budget's €10 exit tax

BRITISH AIRWAYS (BA) is to suspend its service from Dublin to London's Gatwick Airport from March 30th as a direct result of …

Sat Nov 01 2008 - 00:00

Minister does not plan to intervene in Aer Lingus and Siptu standoff

THE MINISTER for Transport Noel Dempsey has no plans to intervene in the standoff between Aer Lingus and Siptu that could lead…

Fri Oct 31 2008 - 00:00

Goffs feels pinch as profits fall

KILDARE-BASED Goffs Bloodstock Sales Ltd, which arranges the auction of thoroughbred horses, entered the red in the year to the…

Fri Oct 31 2008 - 00:00

Aer Lingus pulls out of talks

AER LINGUS and Siptu appear to be on course for strike action after the airline withdrew yesterday from talks at the Labour Relations…

Thu Oct 30 2008 - 00:00
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