London economist upbeat on IrelandSPOTTED IN Dublin yesterday: the one overseas economist who doesn’t think Ireland is a complete economic mess.Fri Apr 24 2009 - 01:00
Prize bond sales rise by 95%NERVOUSNESS ABOUT the safety of bank deposits last year pushed sales of prize bonds to their highest ever level, the company …Thu Apr 23 2009 - 01:00
Boxer pulls out of digital TV serviceBOXER DTT, the consortium that is 50 per cent owned by Denis O’Brien’s Communicorp group, has abandoned its plans to provide …Tue Apr 21 2009 - 01:00
CRH pushes Iseq into positive territoryNice moves in major stock CRH plus a number of "beta" stocks pushed the Iseq into positive territory today, but AIB and Bank …Thu Apr 16 2009 - 01:00
Aryzta shares fall after sale by Lion CapitalBAKERY GROUP Aryzta fell almost 11 per cent in trading on the Iseq index yesterday after it emerged that a significant shareholder…Thu Apr 16 2009 - 01:00
Some credit unions may be unable to pay dividendCREDIT UNIONS may be unable to pay dividends on savings in 2009 because of massive writedowns in the value of their investment…Thu Apr 16 2009 - 01:00
CRH drags sluggish Iseq downA subdued day on the Iseq index was marked by sluggish Easter holiday trading and little local newsflow to influence proceedings…Wed Apr 15 2009 - 01:00
Ireland has lowest inflation rate in EU, figures showTHE ECONOMY’s rapid swing from inflation to deflation continued in March, with the Consumer Price Index (CPI) falling 2Fri Apr 10 2009 - 01:00
Prices falling at steepest rate since 1933, CSO survey findsPRICES ARE falling at the steepest rate since 1933, according to new data from the Central Statistics Office (CSO), suggesting…Fri Apr 10 2009 - 01:00
Mixed response to message of good still in economy“NO BAILOUTS required” was Minister for Finance Brian Lenihan’s message to the global financial markets yesterday, in a bid to…Thu Apr 09 2009 - 01:00
Third-level pension fund plan mootedTHE GOVERNMENT could transfer the pension fund assets of universities and third-level colleges to the exchequer tomorrow in a…Mon Apr 06 2009 - 01:00
Asking prices for houses and flats fall 4.2% in first quarterASKING PRICES for houses and apartments fell 4Mon Apr 06 2009 - 01:00
GT Energy appoints two new directorsGT ENERGY, an Irish company specialising in the extraction of hot water from deep below the earth’s surface, has appointed former…Mon Apr 06 2009 - 01:00
Mannion resigns as head of Aer LingusDERMOT MANNION has resigned from his position as chief executive of Aer Lingus with immediate effect.Mon Apr 06 2009 - 01:00
'Credible' plan would broaden tax baseA “CREDIBLE, multi-year” plan to tackle the deficit in public finances and support the economy should include the broadening …Fri Apr 03 2009 - 01:00
Government cuts 2009 economic projection by €5bnTHE DETERIORATION in the economy since the start of the year has wiped a further €5 billion from the economic projections made…Fri Apr 03 2009 - 01:00
Calls for action plan as unemployment rate increases to 11%THE GOVERNMENT was urged to implement an action plan to ease the jobs crisis yesterday as new figures showed that the rate of…Thu Apr 02 2009 - 01:00
Redundancies hit highest ever monthly levelREDUNDANCIES SURGED to their highest ever monthly level in March, as 7,802 workers became eligible for the Department of Enterprise…Thu Apr 02 2009 - 01:00
Ireland is downgraded by leading credit rating agencyIRELAND HAS lost its prized “AAA” credit rating from ratings agency Standard & Poor’s, which yesterday downgraded its outlook…Tue Mar 31 2009 - 01:00
GDP drops 7.5% as economy weakensSHARP DROPS in consumer spending, capital investment, construction activity and industrial output led to a 7Fri Mar 27 2009 - 00:00
Upward-only rent reviews must end, says TDTHE PROBLEMS caused by upward-only rent reviews imposed on retailers should be examined as part of an attempt to improve competitiveness…Wed Mar 25 2009 - 00:00
2009 will be 'disastrous' for drinks industry, says reportIRELAND’S LOVE affair with alcohol waned in 2008, with 2009 shaping up to be a “disastrous” year for the industry, according …Tue Mar 24 2009 - 00:00
Supermarkets' power to resist supplier price rises vindicatedANALYSIS: The High Court has rejected the view that supermarkets are at the mercy of suppliersFri Mar 20 2009 - 00:00
Reox Holdings removes chief executive and axes positionREOX HOLDINGS, the owner of Breeo Foods, has removed its chief executive Jerry Henchy and axed the position.Thu Mar 19 2009 - 00:00
Unemployment to reach 12%, says NIBUNEMPLOYMENT WILL average at 12 per cent in 2009, while exports will decline by a “dramatic” 6 per cent this year, according …Wed Mar 18 2009 - 00:00
CryptoLogic signs film game deal with ParamountINTERNET CASINO and gaming software company CryptoLogic has signed a deal with Paramount Digital Entertainment that will give…Wed Mar 18 2009 - 00:00
No repeat of 'St Patrick's massacre' in quiet tradingDUBLIN REPORT: Iseq: 2,084.71 (-10Wed Mar 18 2009 - 00:00
Ryanair pilots vote in favour of pay freeze and increase in productivityRYANAIR PILOTS have voted in favour of a 12-month pay freeze with a productivity increase to avoid a proposed 10 per cent cut…Wed Mar 18 2009 - 00:00
KPMG to cut 75 managerial jobsACCOUNTANCY FIRM KPMG is cutting 75 managerial jobs as part of the 200 redundancies it announced a fortnight ago.Tue Mar 17 2009 - 00:00
S&P downgrades Irish banking system againTHE ANGLO Irish Bank directors’ loans affair has prompted credit ratings agency Standard&Poor’s (S&P) to downgrade the…Tue Mar 17 2009 - 00:00
No repeat of St Patrick's Day Massacre on marketsThe anniversary of the plunge in banking stocks dubbed the “St Patrick’s Day Massacre” by traders was a quiet affair on the Dublin…Tue Mar 17 2009 - 00:00
Irish Times Ltd seeks pay cuts as ad revenue fallsTHE IRISH Times Ltd is seeking pay cuts from staff after management forecast a €20 million drop in advertising revenue in 2009…Sat Mar 14 2009 - 00:00
Deflation of 1.7% driven by interest, rent and clothingPRICES FELL by 1.7 per cent in the year to February as interest rate cuts, falling rents and a record decline in clothing and…Fri Mar 13 2009 - 00:00
Rolls with the punchesTHE FRIDAY INTERVIEW/Owen Killian, chief executive of Aryzta: ARYZTA’S investor roadshow has taken Owen Killian through several…Fri Mar 13 2009 - 00:00
Deloitte to seek 70 voluntary job cutsACCOUNTANCY FIRM Deloitte is to seek 70 voluntary redundancies, mostly from recently qualified staff, and pay cuts of up to 10…Thu Mar 12 2009 - 00:00
Agri firm Origin bucks trend with pretax profits of €17.1mORIGIN ENTERPRISES, the agribusiness company that is 71 per cent owned by food group Aryzta, has reported a 17Tue Mar 10 2009 - 00:00
Aryzta pretax profit up 16.6% to €110mBAKERY GROUP Aryzta has defied the recession by announcing a 16Tue Mar 10 2009 - 00:00
Elan and CRH sustain heavy losses as Iseq's woes continueDUBLIN REPORT: Iseq: 1,949.63 (-69Sat Mar 07 2009 - 00:00
Fitch places Ireland's debt rating on negative watchRATINGS AGENCY Fitch said yesterday that Ireland was at risk of losing its “AAA” debt rating – the highest available – because…Sat Mar 07 2009 - 00:00
ECB increasingly likely to cut rates to 1%, economists predictINTEREST RATES in the euro zone are increasingly likely to be lowered to 1 per cent by the middle of the year, economists predicted…Fri Mar 06 2009 - 00:00
ECB's options narrow in bid to rescue euro zone economyQuantitative easing is one of the options that could stabilise European bankingFri Mar 06 2009 - 00:00
CRH leads Iseq into negative territoryThe Iseq index of Irish shares underperformed other European indices today, falling 3Fri Mar 06 2009 - 00:00
Number of jobless passes 10% markUNEMPLOYMENT RATE: IRELAND’S UNEMPLOYMENT rate passed the 10 per cent mark in February, with economists forecasting that the…Thu Mar 05 2009 - 00:00
Hard year ahead as Glanbia expects customer fall-offDAIRY GROUP Glanbia warned that 2009 would be a tough year for the business after global demand for dairy products “weakened …Thu Mar 05 2009 - 00:00
Cider market goes sour for C&C's two brandsCIDER MAKER C&C has said its revenues will fall by 13 per cent in its current financial year, with both Bulmers and its equivalent…Wed Mar 04 2009 - 00:00
Tax revenue in February down €1.8bn on 2008EXCHEQUER RETURNS: TAX REVENUES are “under pressure” and were lower than anticipated in February, the Government said yesterday…Wed Mar 04 2009 - 00:00
Inflation in euro zone close to lowest rate since 1999INFLATION IN Europe remained close to its lowest rate since 1999 in February, setting the scene for a historic cut in euro zone…Tue Mar 03 2009 - 00:00
