Rainmaker secures €1.5m from Diageo Ulster Bank venture fundRAINMAKER, THE airline software business run by former CityJet executive Pat Byrne, is raising €1Mon Jan 23 2012 - 00:00
O'Donnell to step down as chief executive at KentzTHE CHIEF operations officer at engineering group Kentz, Christian Brown, is set to succeed Hugh O’Donnell as chief executive…Sat Jan 21 2012 - 00:00
Ballymore subsidiary Clearstorm shows end-of-year assets of €191mLONDON-BASED Ballymore Properties subsidiary Clearstorm had assets worth close to €191 million at the end of its 2011 financial…Fri Jan 20 2012 - 00:00
NTR agrees funding for wind projectNTR’S US wind energy arm has closed a deal with a group of international institutions that will allow it to borrow €270 million…Fri Jan 20 2012 - 00:00
Cemex offers to buy out ReadymixMULTINATIONAL Cemex said yesterday it has offered to buy out the remaining 40 per cent of Irish company Readymix that it does…Fri Jan 20 2012 - 00:00
Mixed day for European marketsMARKETS WERE very much a mixed bag across Europe yesterday, although there was some semblance of good news in an IMF proposal…Thu Jan 19 2012 - 00:00
Ballymore €45m sale takings for NamaBALLYMORE Properties will hand over the €45 million it is poised to make from the sale of a London development site to State …Thu Jan 19 2012 - 00:00
Production snags hit Tullow share priceTULLOW OIL’S share price fell more than 4 per cent yesterday after the company confirmed technical problems had slowed production…Thu Jan 19 2012 - 00:00
DCC says mild winter will hit profitsDCC’s SHARE price fell sharply after the industrial group warned that the mild winter was likely to leave profits trailing expectations…Tue Jan 17 2012 - 00:00
Siteserv in talks with IBRC over liabilitiesSUPPORT SERVICES group Siteserv is in talks with the Irish Bank Resolution Corporation – formerly Anglo Irish Bank (IBRC) – over…Tue Jan 17 2012 - 00:00
Few Nama fire sales likely in short term, says investorSTATE ASSETS agency Nama’s determination not to sell properties below the value at which it acquired them is likely to result…Mon Jan 16 2012 - 00:00
One of Russia's richest women set to buy Morrison Hotel for up to €25mSTATE ASSETS agency Nama is poised to sell the Morrison Hotel in Dublin to Yelena Baturina, one of Russia’s richest women.Sat Jan 14 2012 - 00:00
Priory Hall figure deemed bankruptPROPERTY DEVELOPER Thomas McFeely, one of a number of people held responsible for the Priory Hall scandal, has been declared …Sat Jan 14 2012 - 00:00
Netflix casts its net wideVIDEO-STREAMING service Netflix was launched on the Irish and British markets this week with a library of films and TV shows …Fri Jan 13 2012 - 00:00
Energy costs contribute to €13m loss at AirtricityINCREASED ENERGY costs left electricity and gas supplier Airtricity with a €13 million loss last year.Fri Jan 13 2012 - 00:00
State company for water set to be proposedA REPORT outlining proposals for the setting up of a State company to manage water supplies is expected to be published by the…Fri Jan 13 2012 - 00:00
600 jobs in bookmakers at risk, says head of LadbrokesUP TO 600 jobs are at risk in bookmakers’ shops around the Republic, according to one of the industry’s chief executives.Thu Jan 12 2012 - 00:00
Union to investigate if workers can benefit from Wedgwood saleTRADE UNION, Unite, plans to investigate whether or not former Waterford Crystal workers should benefit from the controversial…Wed Jan 11 2012 - 00:00
Europe cheered by France's ratingMARKETS ROSE yesterday as there were increasing signs that corporate earnings are more robust than investors previously believed…Wed Jan 11 2012 - 00:00
Irish Netflix customers to wait more than a year for some cinema releasesSUBSCRIBERS TO movie and TV streaming service Netflix, which is available in Ireland since yesterday, will have to wait for more…Wed Jan 11 2012 - 00:00
Service industry businesses most vulnerable to failureBUSINESSES SUCH as shops, pubs and hotels are likely to be most vulnerable to failure over the year ahead as the recession and…Mon Jan 09 2012 - 00:00
Bruton sets up new work rights officeTHE MINISTER for Jobs, Enterprise and Innovation Richard Bruton is creating a new office in his department as a first step to…Sat Jan 07 2012 - 00:00
Nama to pursue Dunne in court for €100mSTATE ASSETS agency, Nama, is to pursue developer Seán Dunne in court for more than €100 million in personal guarantees he gave…Sat Jan 07 2012 - 00:00
Euro zone debt worries depress stocksRENEWED FEARS about European sovereign debt and banks’ ability to raise funds dragged stocks down yesterday.Fri Jan 06 2012 - 00:00
EMI Irish arm blames piracy for halved profitsRECORD LABEL EMI’s Irish division says a near halving of its profits to €1Fri Jan 06 2012 - 00:00
Iseq down as CRH's run endsRenewed fears about the euro zone’s debt crisis dragged stocks down across European markets today.Thu Jan 05 2012 - 00:00
Final tax take sees State end year €25bn in redTHE UNIVERSAL social charge and the pension levy boosted the State’s tax take by €2Thu Jan 05 2012 - 00:00
Markets across Europe record gainsSTOCKS ROSE on most European markets yesterday as investors said goodbye and “probably good riddance” to 2011.Sat Dec 31 2011 - 00:00
Fleming Capital owed banks more than €85mFLEMING CAPITAL, the investment firm whose stakes in Arnotts and property dealer RQB were wiped out in the crash, owed its banks…Sat Dec 31 2011 - 00:00
Company controlled by Sony Europe faces liquidation after shutting storesA COMPANY controlled by Sony Europe is facing liquidation after shutting three of the electronics giant’s Irish stores without…Sat Dec 31 2011 - 00:00
Irish lenders' reliance on ECB funding risesIRISH CREDIT institutions’ reliance on the European Central Bank (ECB) for funding increased again in November, according to …Sat Dec 31 2011 - 00:00
Boom-era debts take toll on big-name buildersANALYSIS: It was a year of drama for the construction industry as many struggled to surviveFri Dec 30 2011 - 00:00
Electricity project to invest €240m in Mayo regionSTATE AGENCY Eirgrid has appointed Tobin Consulting Engineers to lead a consortium to work on the first phase of a €240 million…Tue Dec 27 2011 - 00:00
Exports remain steady but business confidence weakensEXPORTERS’ ORDER books remain resilient in the face of turmoil in the euro zone and slowing overseas economies, according to …Fri Dec 23 2011 - 00:00
Stocks boosted on positive US newsMORE GOOD news from the US and a positive view of the take-up of this week’s European Central Bank’s (ECB) loan auction boosted…Fri Dec 23 2011 - 00:00
Conroy Gold may begin mines in Border countiesEXPLORATION COMPANY Conroy Gold and Natural Resources, may apply for planning permission late next year to begin mining its prospects…Thu Dec 22 2011 - 00:00
More than one in 10 mortgages in arrears - MoodysMORE THAN one in 10 mortgage borrowers had fallen behind with their repayments by the end of October, marking a new peak in home…Thu Dec 22 2011 - 00:00
ECB lends €489bn in bid to ease euro crisisMORE THAN 500 banks across the EU have borrowed a record €489 billion from the European Central Bank (ECB) in the latest attempt…Thu Dec 22 2011 - 00:00
Iseq ends in positive territoryMore good news from the US boosted stocks across Europe today, raising fresh hopes that the pre-Christmas week would end with…Thu Dec 22 2011 - 00:00
Goal spent €67m on overseas aid projects last yearOVERSEAS CHARITY Goal spent €67 million on its aid projects, including earthquake relief in Haiti, last year.Wed Dec 21 2011 - 00:00
CLG and Balfour Beatty joint venture wins €500m contract with Bord GáisMULTINATIONAL ENGINEERING group Balfour Beatty and local player CLG Developments are poised to take up a €500 million contract…Tue Dec 20 2011 - 00:00
Pressure on Coalition over illegal downloadsEVEN BEFORE its DVD release, this year’s highest-grossing Irish movie, The Guard, could be downloaded from the internet for free…Mon Dec 19 2011 - 00:00
Half of small firms fearful of futureCLOSE TO half the small businesses that took part in a recent survey said they were either winding up, just surviving or barely…Mon Dec 19 2011 - 00:00
Illegal downloading to be curbed by Government orderTHE GOVERNMENT is set to tackle illegal downloading of music and films in January by plugging a gap in the Republic’s laws that…Mon Dec 19 2011 - 00:00
Potential buyers approach Vico about US and UK assetsTHE PROPERTY company run by Brian O’Donnell – the lawyer who was last week ordered to pay €71Mon Dec 19 2011 - 00:00
Amaya takes punt on online gambling specialist CryptologicRIVAL AMAYA Gaming is offering €25 million to buy out Irish online gambling specialist Cryptologic.Sat Dec 17 2011 - 00:00
US news on jobs lifts investors' spiritsGOOD NEWS from the US buoyed investors’ pre-Christmas spirits yesterday and increased feelings of goodwill towards all equities…Fri Dec 16 2011 - 00:00
Positive sentiment boosts IseqGood news from the US buoyed equities today, driving up benchmark indices at both sides of the Atlantic.Thu Dec 15 2011 - 00:00
EBS staff vote to strike over non-payment of festive bonusesMANAGEMENT AT the former EBS building society will remain in talks with trade union Unite in a bid to prevent a strike that could…Wed Dec 14 2011 - 00:00
Nama, Lloyds to seek buyer for Battersea Power StationSTATE ASSETS agency Nama and Lloyds Bank are likely to seek a buyer for Battersea Power Station after a court yesterday gave …Tue Dec 13 2011 - 00:00
