ESB and Statoil get EU approvalThe EU has approved an ESB joint venture with Statoil, which owns a 400 megawatt power station at Ringsend, DublinSat Jun 01 2002 - 01:00
Life customers 'face price hikes under new rules'Likely rise in tariffs comes despite the Central Bank's aim of providinggreater consumer protection - reportSat Jun 01 2002 - 01:00
KPMG selected to follow auditor PwCAIB has chosen KPMG to replace PricewaterhouseCoopers (PwC) as its auditor after the €777 million Allfirst fraudThu May 30 2002 - 01:00
Expecting the unexpected gives bank a way out at annual meetingThe first matter on the agenda at yesterday's AIB a.g.m. was the identification of the emergency exits. Just in caseThu May 30 2002 - 01:00
Profits slump at FLS AerospaceProfits at FLS Aerospace slumped to €269,000 from €6Tue May 28 2002 - 01:00
ESB must raise €2bn for network overhaulThe ESB will have to raise more than €2 billion in bonds or loans to part-fund a major network renewal, its chairman has said…Sat May 25 2002 - 01:00
Bord Gais plans bond issue to raise €500mINVESTMENT: Bord Gáis plans to raise up to €500 million in a bond issue later this year, its chief executive said yesterday. …Fri May 24 2002 - 01:00
RTE could raise €30m in land saleRTÉ is considering the sale of 10 acres of land at its 32-acre headquarters at Donnybrook, south DublinThu May 23 2002 - 01:00
RTE hopes new Government will help resolve its funding crisisRTÉ's director general, Mr Bob Collins, declined a €62,000 salary increase last year due to the funding crisis at the State broadcaster…Wed May 22 2002 - 01:00
Executive resigns after failing to get top ESB postA senior ESB executive who was unsuccessful in the recent competition for the post of chief executive has resigned.Wed May 22 2002 - 01:00
ESB chiefs considering 'refinement of strategy'Senior management and board figures at the ESB met last Saturday to discuss a revision of the electricity company's strategic…Tue May 21 2002 - 01:00
Data curbs on direct marketingDirect marketing companies will have to pull back on the use of telephone subscriber information following the Government's adoption…Sat May 18 2002 - 01:00
Iona cites trading conditions for trimming 60 jobsIona Technologies will cut 60 jobs from its workforce of 800 in the next six weeks due to tough trading conditions, a spokesman…Sat May 18 2002 - 01:00
Operating profits fall by nearly two-thirds at ViridianENERGY: Operating profits at Northern Ireland power group Viridian fell by almost two-thirds to £37Fri May 17 2002 - 01:00
Rocca losses 'impossible to understand'Losses at Rocca Tiles and its sister firm Tilebusters were "impossible" to understand, the Revenue Commissioners claimed yesterday…Thu May 16 2002 - 01:00
Auditors must adopt greater independence and integrityAuditors should act with greater independence and integrity when performing their duties, the director of corporate enforcement…Wed May 15 2002 - 01:00
Bula appoints new brokerBula Resources has appointed a new sponsoring broker to replace Davy, which resigned in January, but the company's shares remain…Wed May 15 2002 - 01:00
Flow of business donations has not dried up for political partiesSTORY OF THE WEEK/Political Contributions: Parties have been obliged by law since 1997 to declare all donations to the Standards…Fri May 10 2002 - 01:00
Chemists defend course of actionChemists are not trying to fix drug prices in their dispute with the Government over deregulation of the business, the Irish …Wed May 08 2002 - 01:00
Spencer Dock site gains €99.4m in value for TreasuryThe value of Treasury Holdings' land at Spencer Dock, Dublin, increased by almost €100 million after a review last year.Tue May 07 2002 - 01:00
Smurfit board discusses US bidThe board of Jefferson Smurfit Group met last night to discuss the leveraged buy-out proposed by the Chicago private equity firm…Tue May 07 2002 - 01:00
ESB to agree to sell Ringsend power to independent buyersThe ESB will sell half the electricity from its new plant at Ringsend to independent suppliers in order to secure EU approval…Mon May 06 2002 - 01:00
'Day taxi fares should be cut to stimulate demand'Day-time taxi fares should be reduced to stimulate demand, the Competition Authority implied yesterdayThu May 02 2002 - 01:00
Growth grinds to a halt in the last quarter of 2001Economic growth ground to a halt in the last three months of 2001 according to new figures which stated that the annual GDP growth…Wed May 01 2002 - 01:00
Losses widen to €13.8m at OakhillPre-tax losses at print group Oakhill grew to €13.8 million last year from €4Wed May 01 2002 - 01:00
AIB to overhaul controls at branchesAIB is reorganising the management of its branch network throughout the State, reintroducing a structure unused for about a year…Tue Apr 30 2002 - 01:00
Derry to lose 30 staff as DuPont plant closesNORTHERNBUSINESS: Up to 30 people will lose their jobs at the DuPont textiles plant in Maydown, Derry, after the company's US…Tue Apr 30 2002 - 01:00
Email allegations 'without foundation' - SmythThe former general secretary of the Irish League of Credit Unions, Mr Tony Smyth, yesterday said allegations made in an email…Tue Apr 30 2002 - 01:00
Performance not ownership key for semi-StatesBUSINESS OPINION: The opening days of the election campaign have seen much posturing about the ownership of the semi-State firms…Mon Apr 29 2002 - 01:00
PricewaterhouseCoopers loses €2.5m AIB auditPricewaterhouseCoopers (PwC) has lost a lucrative contract to audit the accounts of AIB following the fraud at its US subsidiary…Thu Apr 25 2002 - 01:00
Credit unions urged to avoid split over reportThe Irish League of Credit Unions must avoid a split over the findings of a highly critical consultant's report, its outgoing…Thu Apr 25 2002 - 01:00
Competition Authority posts filledTwo figures who worked on separate inquiries into the Ansbacher scheme have been appointed to senior positions at the Competition…Tue Apr 23 2002 - 01:00
Pilots' dispute with Aer Lingus near settlementA Dispute which brought Aer Lingus pilots to the brink of strike action is believed to be nearing resolution after indications…Tue Apr 23 2002 - 01:00
Report urges overhaul of credit unionsA new examination of the Irish League of Credit Unions is believed to reflect "huge alienation" among members of the movement…Tue Apr 23 2002 - 01:00
Brokers cancel efforts to be authorised advisersMore than one in 10 brokers have withdrawn their applications to become authorised advisers under a new system of regulation.Sat Apr 13 2002 - 01:00
Electricity interconnectors will be underusedThe North-South electricity interconnectors will be underused for years despite the completion yesterday of a €19Thu Apr 11 2002 - 01:00
Dublin house prices 'up'The price of second-hand houses in Dublin rose 6.52 per cent in the first quarter of the year compared with 2Wed Apr 10 2002 - 01:00
UTV purchases Limerick station Live95 for €15.74mNORTHERN BUSINESS: UTV has increased its presence in the Republic with the purchase for €15Tue Apr 09 2002 - 01:00
Inquiry runs into constitutional buffersThe rail signalling inquiry was effectively wound up yesterday when an Oireachtas subcommittee published a strong defence of …Sat Apr 06 2002 - 01:00
Rabbitte presses for release of AnsbacherThe final Ansbacher report should be published immediately, the Labour Party TD Pat Rabbitte said yesterdaySat Apr 06 2002 - 01:00
Cost of legal action to absorb half of airline regulator's annual budgetThe aviation regulator, Mr Bill Prasifka, will spend almost half his budget this year defending a legal action taken by Aer Rianta…Thu Apr 04 2002 - 01:00
An Post misses Doyle's deadlineAn Post failed yesterday to present plans to its regulator, Ms Etain Doyle, to increase next-day delivery ratesWed Apr 03 2002 - 01:00
Aquatic centre has links to Kerry poolThe people involved in the construction and management of the national aquatic centre at Abbotstown, Dublin, have long-established…Fri Mar 29 2002 - 00:00
Pool bidder rules out court challengeThe company which signed heads of agreement to run the National Aquatic Centre should not have been eligible to enter the competition…Thu Mar 28 2002 - 00:00
Rail signal system inquiry hits end of the lineThe Oireachtas inquiry into a €45Wed Mar 20 2002 - 00:00
Risk control systems need review, says Central BankBanks have been told to conduct urgent independent reviews of their risk control systems after the Allfirst debacle at AIB.Wed Mar 20 2002 - 00:00
Passivity akin to collusion, claims AIBPRESS CONFERENCE: Chief executive Michael Buckley attributes the failure to discover the fraud until it was in its sixth year…Fri Mar 15 2002 - 00:00
'Unholy' dynamic left loss undetectedSACKINGS: Mr John Rusnak's $691 million (€783 million) fraud at Allfirst went undetected due to an "unholy" dynamic with the…Fri Mar 15 2002 - 00:00
Meeting to wind up Rocca TilesThe receiver of Rocca Tiles has called an extraordinary general meeting next Thursday to wind the company up voluntarily.Thu Mar 14 2002 - 00:00
'High hurdles' for any mergerAny plan to merge Bank of Ireland and AIB would face "high hurdles", the chairman of the Competition Authority said yesterday…Thu Mar 14 2002 - 00:00
