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ECB reviews interest rates every month

Interest rates are tools of monetary policy, and probably represent the most dramatic effect of the European Central Bank's (…

Fri Aug 16 2002 - 01:00

Irishman's Hungarian buy follows proud tradition of picking up clubs

PGA operates several golf courses, including a facility in Portugal which is leased from Mr O'Brien's Quinta do Lago operation…

Fri Aug 16 2002 - 01:00

Non-EU trade falls sharply for June

The value of trade between the Republic and countries outside the EU fell sharply during June, according to new figures

Thu Aug 15 2002 - 01:00

Pre-tax profits at Readymix decline 12% to €12 million

Poor weather and a fall-off in construction activity combined to push pre-tax profits at Readymix down by 12 per cent over the…

Thu Aug 15 2002 - 01:00

'Volatility in markets to continue'

Stock markets will continue to fluctuate wildly for the next few months before moving into a period of "healing" to last a number…

Mon Aug 12 2002 - 01:00

More needs to be done to exploit reserves - Providence

The Government needs to devote greater attention to facilitating the exploitation of the Republic's natural reserves, according…

Sat Aug 10 2002 - 01:00

S&P leaves Smurfit on credit watch

Ratings agency Standard & Poor's (S&P) is to leave its Smurfit rating on credit watch with negative implications following…

Sat Aug 10 2002 - 01:00

Option to transfer benefits on leaving job

When leaving a pensionable job, an employee can choose to avail of the benefits accrued within that pension scheme or to transfer…

Fri Aug 09 2002 - 01:00

Beginner's guide to working out your preserved benefit

Calculating preserved benefit must qualify as one of the least intuitive aspects of this whole business, with the sums differing…

Fri Aug 09 2002 - 01:00

IMF joins list of those worrying about public finances

The International Monetary Fund (IMF) has become the latest in a long line of economic commentators to display edginess about…

Thu Aug 08 2002 - 01:00

IMF warns on Irish public finances, urges restraint

The International Monetary Fund has issued a warning about the state of Ireland's public finances, cautioning against rapid increases…

Thu Aug 08 2002 - 01:00

Rodinheights takeover of Green looks set to succeed

The proposed takeover of Green Property by Rodinheights, the consortium led by Mr Stephen Vernon, looks almost certain to proceed…

Wed Aug 07 2002 - 01:00

Insurers urged to alert Garda to fraud

Insurance companies must undertake to report cases of suspected insurance fraud to the Garda if the "crisis" in the area is to…

Wed Aug 07 2002 - 01:00

Number of unemployed rises 17%

The number of people claiming unemployment benefit has jumped by 17 per cent over the past year, according to figures released…

Sat Aug 03 2002 - 01:00

Sharp spending rise adds to pressure on State finances

Government spending is still running well above target, according to new figures, threatening a sizeable deficit in the exchequer…

Sat Aug 03 2002 - 01:00

Sharp spending rise adds to pressure on State finances

Government spending is still running well above target, according to new figures, threatening a sizeable deficit in the exchequer…

Sat Aug 03 2002 - 01:00

Economy grows 2.9% as exports sector enjoys expansion

The economy grew by 2

Thu Aug 01 2002 - 01:00

National pension fund sheds 4% in 15 months

The National Pensions Reserve Fund lost almost 4 per cent of its value on the stock market in the 15 months to the end of June…

Wed Jul 31 2002 - 01:00

Minister warns of inevitable change after CIE posts € 7.8m loss

CIÉ has posted a deficit of €7.8 million for 2001, compared with a surplus of €21.9 million the previous year

Tue Jul 30 2002 - 01:00

Dr Smurfit is to remain involved post takeover

Dr Michael Smurfit did not attend the meeting yesterday which marked the beginning of the end of independence for the firm his…

Tue Jul 30 2002 - 01:00

Smurfit deal clears its first hurdle

Jefferson Smurfit shareholders were understood last night to have approved the first stage in the company's takeover by US private…

Tue Jul 30 2002 - 01:00

Qualceram to seek redundancies

Bathroom manufacturer Qualceram Shires is to seek 95 redundancies at its ceramics production plant at Stoke-on-Trent in England…

Sat Jul 27 2002 - 01:00

SSIA investors lose out in stocks plunge

More than a quarter of a million investors are likely to have lost money on the Government-sponsored Special Savings Incentive…

Fri Jul 26 2002 - 01:00

ESRI warns on outlook for Irish inflation

ESRI senior research officer Mr Danny McCoy said that 2004 was likely to be "a lot leaner" than the preceding two years

Fri Jul 26 2002 - 01:00

Fall in equities takes the gloss off the SSIAs

It seemed too good to be true but we were all ready to believe it anyway

Fri Jul 26 2002 - 01:00

Paddy Power to open 12 new UK betting shops from 2003 onwards

Bookmaker Paddy Power plans to open 12 new UK betting shops every year from 2003 on, it emerged yesterday.

Wed Jul 24 2002 - 01:00

Consumers buy less as troubled markets take toll

Growth in consumer spending remained subdued during May, according to the latest data on retail sales to be released by the Central…

Sat Jul 20 2002 - 01:00

Investment timing is vital as retirement nears

It's all very well to understand that pensions are part of a long-term game, and that a dive in the stock market today could …

Fri Jul 19 2002 - 01:00

Asset allocation is key to funds' performance

Biam has, like all Irish pension funds, felt its share of equity-linked pain in recent months

Fri Jul 19 2002 - 01:00

Bonds offer an alternative to the security conscious

If you're in the market for an investment with a touch of risk, then the corporate bond could be the ideal choice

Fri Jul 19 2002 - 01:00

Scandals put squeeze on bondholders

One corporate-bond issuer that has been in the news for all the wrong reasons recently is troubled pharmaceutical group Elan.

Fri Jul 19 2002 - 01:00

Pensions Board urges calm in markets turmoil

People should not use stock-market turmoil as an excuse for holding off on retirement provision, the chief executive of the Pensions…

Wed Jul 17 2002 - 01:00

Four Green directors to share €0.5m

Four non-executive directors in Green Property will share €0

Tue Jul 16 2002 - 01:00

1,700 employed by two companies

Pfizer and Pharmacia employ a total of 1,700 people in the Republic, with the bulk of that number engaged in manufacturing in…

Tue Jul 16 2002 - 01:00

Arcon director 'delighted' with his Ansbacher record

Independent News and Media and Arcon director, Mr Jim McCarthy, said yesterday that he was "delighted" with the nature of his…

Sat Jul 13 2002 - 01:00

Arcon on track for profitability as €28.75m rights issue is approved

Shareholder approval for a major financial restructuring has left exploration company Arcon on track to achieve profitability…

Sat Jul 13 2002 - 01:00

Elan shares suffer amid concern over scope of SEC investigation

Shares in pharmaceutical group Elan took another battering on the Irish stock market yesterday, shedding almost a quarter of …

Thu Jul 11 2002 - 01:00

End of the line for chairman

Mr Donal Geaney yesterday signalled the end of a relationship with Elan that dates back to 1983, when the then small pharmaceutical…

Wed Jul 10 2002 - 01:00

Lynch steps down after 10 years

Mr Tom Lynch has stepped down from his role as director and vice-chairman at Elan after just under a decade with the company.

Wed Jul 10 2002 - 01:00

Elan expected to announce $900m investment write-down

Analysts predict that pharmaceutical group Elan will announce a write-down of up to $900 million (€912

Tue Jul 09 2002 - 01:00

Elan recovers some ground in US to close at $2

Shares in pharmaceutical group Elan managed to regain some ground in uncertain half-day trading on the US markets yesterday, …

Sat Jul 06 2002 - 01:00

Revitalised dollar wipes out some euro gains

A revitalised dollar clawed back more of last week's losses against the euro yesterday, as US markets emerged strongly from a…

Sat Jul 06 2002 - 01:00

Timing is everything for a new product

Timing is everything when you're launching a new financial product, a maxim only too obvious to Mr David Cullen, executive chairman…

Fri Jul 05 2002 - 01:00

Tracker bonds provide comfort blanket for keen yet wary investor

Stock market investors have had a rough time of it lately, with the last couple of weeks alone providing enough evidence to prove…

Fri Jul 05 2002 - 01:00

ISE introduces uniform official closing prices

The Irish Stock Exchange has moved to prevent market manipulation in after-hours trading by changing the way it defines official…

Thu Jul 04 2002 - 01:00

Purchasing managers' survey shows services sector growth still slowing

Growth in the Republic's services sector continued to slow in June, with three quarters of services companies reporting either…

Thu Jul 04 2002 - 01:00

Strong expectations for euro parity despite setback

The euro lost ground in its continuing attempt to breach dollar parity yesterday, as markets paused in anticipation of Thursday…

Tue Jul 02 2002 - 01:00

Elan sheds 10% value as markets get the jitters

Shares in troubled pharmaceutical company Elan shed more than 10 per cent of their value in New York yesterday, as the markets…

Tue Jul 02 2002 - 01:00

Japanese intervention hinders euro's bid for parity with dollar

The euro was once again thwarted in its attempt to breach dollar parity yesterday, despite reaching $0

Sat Jun 29 2002 - 01:00

Euro nears parity with dollar before slipping to $0.98

The euro rose to within a whisker of parity with the dollar yesterday morning, before slipping back to $0

Thu Jun 27 2002 - 01:00
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