News | Latest Breaking News Stories & Headlines

CIE to be allocated €36m immediately for services

The Cabinet has authorised the Department of Transport to allocate an extra €36m to CIE immediately to protect public transport services.

Business • 24 Jul 12

Connemara records positive results for gold

Connemara Mining has said it has recorded positive results for gold from a recent survey of its licences on the Wicklow/Wexford border.

Business • 24 Jul 12

Ex-lawyer to head Barclays inquiry

A top lawyer-turned-investment banker is to lead a far-reaching review into the culture at Barclays in the wake of the rate-rigging scandal.

Business • 24 Jul 12

Managing director Jackie Dornan and chief technology officer Mat Dornan are excited about the investment

CompuCal in Cork to expand workforce

CompuCal Calibration Solutions plans to expand its technical team by 50% over the next two years to 20 people.

Business • 24 Jul 12

Heineken makes $4.1B bid to raise Tiger beer stake

Heineken has said it is to offer $4.1 billion to buy out its partner in the Singapore-based maker of Tiger beer.

Business • 23 Jul 12

Soggy weather boosts UK's Domino's Pizza

Rainy weather and the Euro 2012 soccer championships helped lift profits at Britain's biggest pizza delivery firm, Domino's Pizza Group.

Business • 23 Jul 12

Qatar Holding adds to Xstrata stake in weak market

Qatar Holding, the second-largest shareholder in takeover target Xstrata, has added to its stake in the miner.

Business • 23 Jul 12

AIB & BOI to review interest rate swaps

Seven more British banks have agreed to review past sales of interest-rate hedging products to small businesses.

Business • 23 Jul 12

Easyjet chair rules himself out of Barclays job

Michael Rake has ruled himself out of the running for the chairmanship of Barclays Plc.

Business • 23 Jul 12

The jobs will range from operative level to management and supervisory positions

Envelope Supply Company to create 32 jobs

The Envelope Supply Company has announced that it is to create 32 jobs in Kilkenny over the next few years.

Business • 23 Jul 12

Murdoch resigns from News Corporation boards

Rupert Murdoch has stepped down from his role as director of a number of boards linked to his British newspaper titles.

Business • 23 Jul 12

IAA meets with Examiner appointed to Pilot college

The Irish Aviation Authority has met with the Examiner appointed to the Pilot Training College, Michael McAteer, of Grant Thornton today.

Business • 20 Jul 12

Selfcatering.ie goes out of business

Concerns have been expressed about customers being left out of pocket as a result of on-line travel company selfcatering.ie going out of business.

Business • 20 Jul 12

Rabbitte queries legal action to An Post fine

The Minister for Communications, Pat Rabbitte, has queried whether it is necessary for the communications regulator to pursue a legal action to impose a €11.9m fine on An Post for failing to meet next day delivery targets.

Business • 20 Jul 12

Peats ‘World of Electronics’ to exit examinership

Peats "World of Electronics" is set to immediately exit examinership with up to 25 jobs saved.

Business • 20 Jul 12

GE profit from continuing operations up 2.5%

General Electric Co has reported a 2.5% rise in quarterly profit from continuing operations.

Business • 20 Jul 12

INM court proceedings are dropped

The High Court has struck out the proceedings taken by Independent News and Media non-executive director Paul Connolly against the media group over its payment of €1.87m to its former chief executive Gavin O'Reilly.

Business • 20 Jul 12

Ulster Bank aware of credit card payment problems

Ulster Bank says it is aware that a number of credit card payments made from Ulster Bank accounts have not been processed to Ulster Bank credit cards.

Business • 20 Jul 12

Vodafone organic growth hit by UK, India slowdowns

Vodafone posted a sharp drop in quarterly organic growth as weak trading in Italy and unexpected slowdowns in Britain and India hit the world's largest mobile operator.

Business • 20 Jul 12

Microsoft reports first loss as public company

Microsoft posted its first quarterly loss in its 26 years as a public company yesterday.

Business • 20 Jul 12

S&P downgrades Permanent TSB bank

Credit rating agency Standard and Poors has downgraded State-owned Permanent TSB bank by one notch from "BB-" to "B+".

Business • 19 Jul 12

Nokia clings onto cash despite big loss

Mobile maker Nokia has announced another loss, as it fights to stay in a smartphone market dominated by Apple's iPhone and Samsung's Galaxy models.

Business • 19 Jul 12

Co-op buys Lloyds branches

Lloyds Banking Group has struck a deal to sell 632 branches to the Co-operative.

Business • 19 Jul 12

Morgan Stanley swings to second-quarter profit

Morgan Stanley swung to a profit in the second quarter, though revenue declined 24% due to a slowdown in trading and dealmaking.

Business • 19 Jul 12

Permanent TSB to close some branches

Permanent TSB is to shut branches, cut jobs and reduce deposit rates as it tries to return to viability writes Business Editor David Murphy.

Business • 18 Jul 12

Companies

CIE to be allocated €36m immediately for services

Connemara records positive results for gold

Ex-lawyer to head Barclays inquiry

CompuCal in Cork to expand workforce

Heineken makes $4.1B bid to raise Tiger beer stake

Soggy weather boosts UK's Domino's Pizza

Qatar Holding adds to Xstrata stake in weak market

AIB & BOI to review interest rate swaps

Easyjet chair rules himself out of Barclays job

Envelope Supply Company to create 32 jobs

Murdoch resigns from News Corporation boards

IAA meets with Examiner appointed to Pilot college

Selfcatering.ie goes out of business

Rabbitte queries legal action to An Post fine

Peats ‘World of Electronics’ to exit examinership

GE profit from continuing operations up 2.5%

INM court proceedings are dropped

Ulster Bank aware of credit card payment problems

Vodafone organic growth hit by UK, India slowdowns

Microsoft reports first loss as public company

S&P downgrades Permanent TSB bank

Nokia clings onto cash despite big loss

Co-op buys Lloyds branches

Morgan Stanley swings to second-quarter profit

Permanent TSB to close some branches

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