Prices of houses need to fall to 2005 level - AIBHouse prices need to retreat to their 2005 levels to restore momentum to the market, according to Ireland's biggest bank.Thu Feb 07 2008 - 00:00
IPO nets engineering firm's managers £48mDirectors and managers of Irish-Malaysian engineering group Kentz netted almost £48 million (€64Wed Feb 06 2008 - 00:00
US stimulus plan is rebuffedJapan and the leading economies of Europe yesterday rebuffed US calls for a global economic stimulus package even as new figures…Wed Feb 06 2008 - 00:00
Readymix expects fall in profits for 2007Building materials supplier Readymix expects operating profits for last year to fall below the €19Wed Feb 06 2008 - 00:00
Howard eyes second British airportProperty investor Howard Holdings is seeking to buy Southend regional airport in England.Tue Feb 05 2008 - 00:00
Siteserv enters British building market in €57m acquisitionBuilding services group Siteserv is set to buy a UK player in a deal worth a potential €64 million.Tue Feb 05 2008 - 00:00
Buyers take flight as Ryanair profits dipDublin report : Investors took off in all directions when they saw airline Ryanair report a 27 per cent fall in profits to €…Tue Feb 05 2008 - 00:00
CREO portfolio valued at £635mThe value of the properties owned by the Treasury Holdings-backed China Real Estate Opportunities (CREO) has grown by more than…Fri Feb 01 2008 - 00:00
FactfileThis month last year, China Real Estate Opportunities (CREO) suspended its shares on the London market and delisted to facilitate…Fri Feb 01 2008 - 00:00
Irish Nationwide chief set to step down from boardIrish Nationwide boss Michael Fingleton will have to step down from the board after this weekend as he is turning 70, but he …Sat Jan 26 2008 - 00:00
Irish-Canadian group plans ¬200m wind farmIrish-Canadian energy group Finavera intends using new streamlined planning procedures to get permission to build a €200 million…Sat Jan 26 2008 - 00:00
Fed rate cut greeted as appropriate responseThe US Federal Reserve's decision to cut its borrowing rates was the "appropriate response" to investor fears that the fallout…Wed Jan 23 2008 - 00:00
US Fed cut prompts European rallyIrish and European stock markets rallied yesterday as the US central bank announced that it was cutting its key interest rate…Wed Jan 23 2008 - 00:00
Strong trading as market bounces backThe Dublin market yesterday recovered much of the ground it lost in Monday's sell off and, with the Iseq Index of Irish shares…Wed Jan 23 2008 - 00:00
€240bn wiped off European stock marketsInvestors in Europe's leading companies lost more than €240 billion yesterday as global stock markets crashed amid fears that…Tue Jan 22 2008 - 00:00
Wolseley's profits tumble by 25%The housing slowdown and fears of a recession in the United States hit 2007 profits at the owner of the Irish DIY and builders…Tue Jan 22 2008 - 00:00
Creo pays €19m for sites at Olympics locationTreasury Holdings-backed China Real Estate Opportunities (Creo) is buying two sites with a Chinese company at the location of…Tue Jan 22 2008 - 00:00
Investors flee as carnage spreads hereDublin was not spared the carnage that spread from Asian markets through to Europe yesterday, but it outperformed bigger peers…Tue Jan 22 2008 - 00:00
IN&M pays too much for asset - O'BrienIndependent News & Media (IN&M) is paying €60 million too much for its latest acquisition and has run out of cash, major…Sat Jan 19 2008 - 00:00
Strike threat over ESB plant closuresThe ESB could push ahead with the closure of some of its older power plants by the end of this year.Fri Jan 18 2008 - 00:00
Fund yet to pay €130m for Independent loan notesA New Zealand investment fund has not completed the purchase of €130 million in loan notes that it was due to buy from Independent…Fri Jan 18 2008 - 00:00
Capvest buys leading Dutch coffee processorCapvest, the private equity firm which last year raised €50 million from Irish backers, has bought one of Europe's leading coffee…Thu Jan 17 2008 - 00:00
Bremore Port group takes on Hutchison as partnerThe developer of the Republic's newest deepwater port has hired Asian giant, Hutchison, as a partner on the €300 million project…Wed Jan 16 2008 - 00:00
Hot deal or hot air?ENERGY: The Airtricity deal may suggest rich pickings in alternative energy deals, but it's not a quick path to easy gainsMon Jan 14 2008 - 00:00
Public to foot €650m bill for ESB upgradeHouseholders and businesses are likely to foot the bill for a €650 million upgrade to the Republic's electricity network that…Fri Jan 11 2008 - 00:00
Ecofin to double the €132m it invested in AirtricityBritish fund manager Ecofin will double the €132 million it invested in wind power group Airtricity as a result of last week'…Thu Jan 10 2008 - 00:00
9.9m McInerney shares change hands in DublinClose to 10 million shares in McInerney Holdings changed hands in Dublin yesterday, prompting speculation that a single investor…Thu Jan 10 2008 - 00:00
Glanbia expects growth of at least 10%Food group Glanbia expects growth of at least 10 per cent this year, following a strong performance in 2007 driven by increasing…Wed Jan 09 2008 - 00:00
O'Brien boosts IN&M stake to 15.37%Telecoms tycoon Denis O'Brien has boosted his stake in rival Sir Anthony O'Reilly's Independent News & Media (IN&M) to…Wed Jan 09 2008 - 00:00
US fund manager buys €112m stake in KingspanOne of the world's biggest fund managers has snapped up a €112 million stake in Irish building materials group, Kingspan, writes…Wed Jan 09 2008 - 00:00
Taggart Holdings has let go 10 core staffBuilder Taggart Holdings let go 10 of its core staff before Christmas, and expects conditions to be tougher in 2008 than in previous…Tue Jan 08 2008 - 00:00
Investors may face 11% loss on UK propertiesIrish investors in the British commercial property market could see 11 per cent wiped off the value of their holdings this year…Tue Jan 08 2008 - 00:00
Building slowdown to hit councilsThe building slowdown threatens to hit a key source of local government funding that was worth almost €700 million to the Republic…Mon Jan 07 2008 - 00:00
Slump in new home registrationsNew home registrations hit a record low last month as the construction slowdown continued to bite.Sat Jan 05 2008 - 00:00
Grafton turnover tops €3.2bnTurnover at DIY and builders' merchants chain Grafton topped €3Sat Jan 05 2008 - 00:00
CRH expects profits to increase 19%Building materials giant CRH expects 2007 profits to approach €1.9 billion, 19 per cent ahead of the previous year.Fri Jan 04 2008 - 00:00
House prices to fall furtherHouse prices could fall by 1 per cent a month until March, forcing the average cost of a home below €300,000, according to estimates…Fri Jan 04 2008 - 00:00
Petrol and oil prices about to riseMotorists and consumers face further increases in the price of petrol and home heating oil in the next few days as the Republic…Fri Jan 04 2008 - 00:00
Oil price here to stayAfter months of predictions, it finally happened on Wednesday. Crude oil hit the record $100 a barrel mark.Fri Jan 04 2008 - 00:00
More than one-third of IDA's buildings lie vacantAbout four in 10 properties owned by development agency IDA Ireland are idle, it emerged yesterday.Thu Jan 03 2008 - 00:00
Second-hand houses fall by 7%Second-hand house prices dropped by almost 7 per cent in 2007, according to one of the Republic's biggest estate agents.Thu Jan 03 2008 - 00:00
Going Up: bill cuts may be reversedThe State's energy regulator looked like it was charging to consumers' rescue in the autumn when it cut their gas and electricity…Fri Dec 28 2007 - 00:00
Blackrock spends €140m on acquisitionsProperty vehicle Blackrock International Land has spent almost €140 million this year and expects the value of its holdings to…Sat Dec 22 2007 - 00:00
Leading stocks do well in busy tradingMarket Report: The second-last session before the Christmas break turned out be exceptionally busy, with leading stocks making…Sat Dec 22 2007 - 00:00
Eirgrid to enter second-stage talks on Welsh electricity interconnectorState agency Eirgrid is to enter talks with a number of operators bidding to build a €300 million electricity interconnector …Fri Dec 21 2007 - 00:00
Kentz to float with potential value of €280mIrish-Malaysian engineering group Kentz is planning to launch on the London Stock Exchange within weeks with a potential value…Thu Dec 20 2007 - 00:00
DCC boosted by Manor Park saleDublin report: News that industrial holdings group DCC is to get €181 million for its share of home builder Manor Park was the…Thu Dec 20 2007 - 00:00
Paint firm unions to discuss takeoverManagement and unions at the Irish Crown Paints manufacturing plant will meet next week to discuss the fallout from Akzo Nobel…Sat Dec 15 2007 - 00:00
Orthopaedic consultant named as tax defaulterOrthopaedic consultant Brian Hurson was yesterday named as the tax defaulter who failed in court this week to stop the Revenue…Sat Dec 15 2007 - 00:00
Ladbrokes hopes to expand Irish businessBritish bookmaker Ladbrokes is racing ahead with plans to expand its Irish business by seeking to buy rivals in the North.Sat Dec 15 2007 - 00:00
