Sterling weakness against euro hitting competitiveness of Irish exportsTHE WEAKENING of the sterling against the euro is starting to affect the competitiveness of Irish exports, data from the Central…Fri Nov 28 2008 - 00:00
Weak sterling sees exports to Britain dipThe weakening of sterling against the euro is starting to impact on the competitiveness of Irish exports, data from the Central…Thu Nov 27 2008 - 00:00
Second recapitalisation proposal lifts bank sharesIrish financial shares were ahead between 6 and 16 per cent this afternoon on news that the investment subsidiaries of three …Thu Nov 27 2008 - 00:00
Economy to stay in downturn until 2010, says OECDTHE IRISH economy will not return to growth until 2010, the Organisation for Economic Co-Operation and Development (OECD) forecasts…Wed Nov 26 2008 - 00:00
State unlikely to join Commission recovery planIreland is unlikely to join a €200 billion economic recovery plan unveiled by the European Commission, the Department of Finance…Wed Nov 26 2008 - 00:00
Road quality fears by RSATHE ROAD Safety Authority (RSA) has expressed concern at the number of drivers killed in crashes where the quality of the road…Wed Nov 26 2008 - 00:00
Eircom earnings dip, Meteor revenues riseEircom earnings fell 2 per cent fall during its fiscal first quarter although there was a strong performance by its mobile division…Wed Nov 26 2008 - 00:00
IBM seals super-computing deal with Irish universitiesIBM has formed a multi-million-euro partnership with Irish universities to research powerful super-computers which it expects…Wed Nov 26 2008 - 00:00
Britvic Ireland reports 6% rise in annual revenuesDespite the sharp economic downturn Britvic Ireland said it delivered a “robust performance” as annual revenues rose by 6.2 per…Wed Nov 26 2008 - 00:00
IBM forms research partnership with Irish universitiesIBM has formed a multi-million euro partnership with Irish universities to research massively powerful super-computers which …Tue Nov 25 2008 - 00:00
Harris Associates ups stake in Bank of IrelandAn US fund Harris Associates has increased it stake in Bank of Ireland after taking its shareholding in the lender to over 6 …Tue Nov 25 2008 - 00:00
Merrion shares up 42% after diabetes drug dealSHARES IN Irish drug development company Merrion Pharmaceuticals rose over 40 per cent yesterday after it announced a multimillion…Tue Nov 25 2008 - 00:00
OECD says no domestic economic recovery until 2010The Irish economy will not return to growth until 2010, the Organisation for Economic Co-Operation and Development (OECD) forecasts…Tue Nov 25 2008 - 00:00
Merrion shares rise sharply on Novo Nordisk dealShares in Irish drug development company Merrion Pharmaceuticals rose over 40 per cent today after it announced a multi-million…Mon Nov 24 2008 - 00:00
Official unemployment rate hits 10-year high of 6.3% in AugustUnemployment rose to a ten-year high of 6Fri Nov 21 2008 - 00:00
Bank of Ireland shares soar amid consolidation speculationISEQ: 2,374 (-64) at 1Fri Nov 21 2008 - 00:00
B of I confirms 'unsolicited approaches' from investorsBank of Ireland’s share price surged today after it confirmed it has received "unsolicited approaches" from parties wishing to…Fri Nov 21 2008 - 00:00
Irish Life & Permanent 'in talks' with EBSMortgage lender Irish Life & Permanent (ILP) is in talks with EBS Building Society about ways the two financial firms “might…Fri Nov 21 2008 - 00:00
Manufacturing prices rise 2.6% in year to OctoberPrices for goods leaving Irish-based factory gates increased 2Thu Nov 20 2008 - 00:00
Openhydro takes stake in Alderney RenewableOpenhydro, the tidal-energy company backed by One51 and Emera, has taken a 20-per cent equity stake in the Channel Islands-based…Thu Nov 20 2008 - 00:00
NCTS may lose car test contractTHE COMPANY operating the national car test, NCTS Ltd, may lose the contract after being ranked second in a tender to provide…Wed Nov 19 2008 - 00:00
FBD expects earnings to fall on rising claimsFBD Holdings said its full-year earnings per share will be below market estimates and that insurance premiums need to increase…Tue Nov 18 2008 - 00:00
Anglo Irish shares fall under €1For a second day shares in an Irish bank have fallen below the €1 mark on Dublin’s Iseq index of sharesTue Nov 18 2008 - 00:00
Mortgages issued falls 32% in third quarterThere was a 32 per cent fall in the number of new mortgages issued by banks in the three months to the end of September compared…Mon Nov 17 2008 - 00:00
IFG revises down full-year earnings forecastsFinancial services group IFG has revised down its earnings forecasts for the year due to the “exceptionally poor Irish property…Mon Nov 17 2008 - 00:00
Kingspan expects profits to fall by a thirdBuilding materials and insulation group Kingspan today forecast a 33 per cent drop in operating profit this year as construction…Mon Nov 17 2008 - 00:00
O2 service revenue falls 3.4%SERVICE REVENUE at Telefónica O2 Ireland fell to €234 million for the three months to the end of September, a drop of 3Sat Nov 15 2008 - 00:00
Construction industry employment down 18.6%The number of people working in construction has fallen by almost a fifth over the 12 months to September, according to figures…Fri Nov 14 2008 - 00:00
BT Ireland six-month revenue up 5.4% to €468.6mREVENUES AT BT Ireland grew 5.4 per cent to £392.4 million (€468Fri Nov 14 2008 - 00:00
Qualceram expects to report full-year lossBathroom fittings specialist Qualceram Shires expects to report a loss this year and said turnover in its main markets had fallen…Fri Nov 14 2008 - 00:00
Retail sales fall for eighth month in SeptemberRetail sales declined for the eighth month in a row in September to bring the annual decrease to 6Fri Nov 14 2008 - 00:00
3.4% fall in O2 Ireland revenue to €234mService revenue at Telefónica O2 Ireland fell to €234 million for the three months to the end of September, a drop of 3Fri Nov 14 2008 - 00:00
Annual inflation rate falls to 4% in OctoberThe cost of living fell to a two-year low of 4 per cent in October as food and fuel prices declined, leading economists to predict…Thu Nov 13 2008 - 00:00
BT Ireland reports 5% growth in first-half revenuesRevenues at BT Ireland grew 5.4 per cent to £392.4 million (€468Thu Nov 13 2008 - 00:00
20% of used import cars 'clocked'ALMOST ONE in five cars imported from Britain and Northern Ireland have had their mileage changed, according to a study by AA…Wed Nov 12 2008 - 00:00
Vodafone clips its profits forecastVODAFONE IRELAND'S monthly average revenue per user (Arpu) dropped 5.7 per cent in the first half of the year to €42Wed Nov 12 2008 - 00:00
Smurfit Kappa third-quarter profit slides 16%Paper and packaging group Smurfit Kappa has seen its profit before exceptional and share-based payments drop 16 per cent to €…Wed Nov 12 2008 - 00:00
Each fatal crash costs €3mTHE COST of a fatal road crash in Ireland has been estimated at €3 million, according to new research.Wed Nov 12 2008 - 00:00
Unemployment could hit 8.8% next year, says PowerUnemployment could rise to almost 9 per cent next year as the country endures a “painful and deep” recession, according to a …Wed Nov 12 2008 - 00:00
Aer Lingus expects reduced operating lossAer Lingus said its full-year operating loss will be lower than previously predicted as the cost of fuel declinesTue Nov 11 2008 - 00:00
Vodafone's average revenue per customer fallsVodafone Ireland's average monthly revenue per user (Arpu) dropped 5.7 per cent in its financial first half to €42Tue Nov 11 2008 - 00:00
Industrial output up 4.3% over 12 monthsAN INCREASE in output by pharmaceutical companies contributed to a 4Tue Nov 11 2008 - 00:00
DCC operating profits up, to raise dividendA strong first-half performance from DCC’s energy division contributed to a 17 per cent rise in group operating profit to €60…Mon Nov 10 2008 - 00:00
Andor Technology pretax profits rise 65%Northern ireland-based camera manufacturer Andor Technology said pretax profit before exceptionals rose 65 per cent to £2Thu Nov 06 2008 - 00:00
Services area shrinks at record rate in OctoberTHE SERVICES sector shrank at a record rate last month with businesses expecting further declines over the next year.Thu Nov 06 2008 - 00:00
Shares in Petroneft up over 70 per centSHARES IN the Dublin-listed, Russia-focused oil exploration company Petroneft Resources rose over 70 per cent in Dublin yesterday…Wed Nov 05 2008 - 00:00
Unemployment rate rises to 6.7% in OctoberUnemployment rose to an estimated rate of 6.7 per cent in October, up from 6Wed Nov 05 2008 - 00:00
AIB cuts earnings forecast on rising bad debt chargesAIB said this morning its full-year earnings will fall by more than 40 per cent compared to last year because of rising bad debt…Wed Nov 05 2008 - 00:00