IMF warns on Irish public finances, urges restraintThe 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 succeedThe 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 fraudInsurance 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 financesGovernment 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 financesGovernment spending is still running well above target, according to new figures, threatening a sizeable deficit in the exchequer…Sat Aug 03 2002 - 01:00
National pension fund sheds 4% in 15 monthsThe 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
Smurfit deal clears its first hurdleJefferson 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
Minister warns of inevitable change after CIE posts € 7.8m lossCIÉ has posted a deficit of €7.8 million for 2001, compared with a surplus of €21.9 million the previous yearTue Jul 30 2002 - 01:00
Dr Smurfit is to remain involved post takeoverDr 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
Qualceram to seek redundanciesBathroom 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
ESRI warns on outlook for Irish inflationESRI senior research officer Mr Danny McCoy said that 2004 was likely to be "a lot leaner" than the preceding two yearsFri Jul 26 2002 - 01:00
SSIA investors lose out in stocks plungeMore 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
Fall in equities takes the gloss off the SSIAsIt seemed too good to be true but we were all ready to believe it anywayFri Jul 26 2002 - 01:00
Paddy Power to open 12 new UK betting shops from 2003 onwardsBookmaker 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 tollGrowth 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
Asset allocation is key to funds' performanceBiam has, like all Irish pension funds, felt its share of equity-linked pain in recent monthsFri Jul 19 2002 - 01:00
Investment timing is vital as retirement nearsIt'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
Bonds offer an alternative to the security consciousIf you're in the market for an investment with a touch of risk, then the corporate bond could be the ideal choiceFri Jul 19 2002 - 01:00
Scandals put squeeze on bondholdersOne 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 turmoilPeople 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 €0.5mFour non-executive directors in Green Property will share €0Tue Jul 16 2002 - 01:00
1,700 employed by two companiesPfizer 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 on track for profitability as €28.75m rights issue is approvedShareholder approval for a major financial restructuring has left exploration company Arcon on track to achieve profitability…Sat Jul 13 2002 - 01:00
Arcon director 'delighted' with his Ansbacher recordIndependent 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
Elan shares suffer amid concern over scope of SEC investigationShares 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 chairmanMr 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 yearsMr 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-downAnalysts predict that pharmaceutical group Elan will announce a write-down of up to $900 million (€912Tue Jul 09 2002 - 01:00
Elan recovers some ground in US to close at $2Shares 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 gainsA 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
Tracker bonds provide comfort blanket for keen yet wary investorStock 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
Timing is everything for a new productTiming 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
Purchasing managers' survey shows services sector growth still slowingGrowth 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
ISE introduces uniform official closing pricesThe 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
Strong expectations for euro parity despite setbackThe 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 jittersShares 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 dollarThe euro was once again thwarted in its attempt to breach dollar parity yesterday, despite reaching $0Sat Jun 29 2002 - 01:00
Euro nears parity with dollar before slipping to $0.98The euro rose to within a whisker of parity with the dollar yesterday morning, before slipping back to $0Thu Jun 27 2002 - 01:00
Euro takes breather as it reaches for parityThe major foreign exchange markets paused for breath yesterday after the surge that saw the euro reach a two-year high against…Wed Jun 26 2002 - 01:00
Euro sets course for parity with dollarThe euro is expected to reach parity with the dollar later this week as fears grow over the health of the US economy, combined…Tue Jun 25 2002 - 01:00
Spending continues to slowGrowth in consumer spending continued to weaken during April, according to retail sales figures issued yesterday by the Central…Sat Jun 22 2002 - 01:00
Power bills may fall in NorthThe average electricity bill in Northern Ireland could fall by £24 sterling (€37) by 2006, if pricing proposals from the North…Thu Jun 20 2002 - 01:00
IBEC calls for action on inflationThe public finances could fall into crisis if the Government does not take immediate corrective action on inflation, economists…Wed Jun 19 2002 - 01:00
Ahern to focus on exploration slumpStemming the fall-off in exploration activity around the Irish coastline will be among the top energy priorities of the new Government…Wed Jun 19 2002 - 01:00
ESB/Bord Gais legislation moveLegislation to convert both the ESB and Bord Gáis to plc status will have been prepared by the beginning of 2003, a senior civil…Tue Jun 18 2002 - 01:00
StorageTek chief bullish on company's prospectsJust when it looked like data was becoming a dirty word for Irish technology investment, yet another US multinational has opened…Fri Jun 14 2002 - 01:00
Horror stories aboundAlarming tales of spurious claims and unsustainable insurance hikes were two-a-penny at yesterday's launch of the Alliance for…Thu Jun 13 2002 - 01:00
