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Anglo Irish's legal row with Glen Dimplex boss
THE ante was upped last week in the legal row between Sean O'Driscoll and the former Anglo Irish Bank, after its special liquidator KPMG served proceedings on the Glen Dimplex boss seeking €1.8m.
Ex-bank boss in line for €1.1m bonus
Cormac McCarthy – the former boss of Ulster Bank, which lost over €17bn – has been awarded a €1.1m share bonus in listed bookie Paddy Power subject to hitting certain targets.
Bradshaw to meet PAC over Docklands debacle
LAR Bradshaw, the former director of Anglo Irish Bank and the embattled Dublin Docklands Development Authority (DDDA), has said he will appear before the Public Accounts Committee to defend his role in the €450m Irish Glass Bottle site debacle.
Ray Nolan backs new XSellco online start-up
Ray Nolan, the internet entrepreneur who sold WRI for more than €200m in 2009, is back with a brand new venture, XSellco, that he hopes will bust open the Amazon and eBay trading market.
Wheels haven't come off Bus Eireann – yet
THE belated settlement of the Bus Eireann dispute only postpones the existential crisis confronting CIE. With a vastly improved road network having dramatically reduced travelling times and vehicle ownership still at close to record levels, the state-owned transport company faces the prospect of drastic surgery in the near future.
UTV beats off a massive shareholder revolt against directors' pay levels
The blazing rows and intrigue on Coronation Street are merely a sideshow when compared with shareholder dissent at ISEQ-listed broadcaster UTV.
Brandon links up with former partners to make fresh play in biotech sector
Three Irish biomedical companies are investing €3m in a new joint venture to make the chemicals required to make biodegradable human implants. The joint venture reunites Alltracel founder Gerry Brandon, who runs chemicals maker Cellulac, with his former colleague there Tony Richardson, who is now chief executive of AIM-listed clinical research organisation Venn Life Sciences.
Ex-beef baron Phelan wins €1bn African energy contract
Paschal Phelan has scored his second €1bn deal with the South African government through his Cape Town-based energy company.
Collisons all set to roll out Stripe in Ireland
Stripe, the US payments company started by multimillionaire Limerick brothers, is set to open for business in Ireland.
98FM chief is third Communicorp executive to quit radio in six months
The chief executive of 98FM, Chris Doyle, has announced his departure, taking to three the number of radio bosses who have tuned out of Communicorp in six months.
IBRC gets a stay of execution as liquidation drags on
BANK staff facing the axe because of the liquidation of IBRC have been given a reprieve that will see many kept on much longer than expected to manage up to €16bn of state-owned loans.
NTMA unsure of future help from ECB when Ireland exits bailout
The Government's debt agency said it still does not know what is needed to ensure the country gets financial support in the bond markets from the European Central Bank (ECB) at the end of the bailout.
No apology on Google tax – Bruton
JOBS Minister Richard Bruton has said that Ireland "makes no apology" for the low tax regime that encourages multi-national corporations such as Google to locate their European headquarters here.
ISME rejects IBF report on loans
THE COUNTRY'S main banking body says lending to small businesses is on target and not being constrained by deleveraging.
Data Commissioner defends light-touch regulation
THE Data Protection Commissioner has defended the way he deals with big tech companies here, dismissing concerns that his office was too weak.
TH€ PUNT: Just call him Professor Lyons
ONE of the extraordinary aspects of the property collapse in this country – which, after all, was one of the worst in the western world – is the dearth of academic study on the crash.
Trade mission gets €17m in contracts
AN IRISH trade mission has signed new contracts worth as much as €17m with companies in Poland and the Czech Republic.
Oil boss warns tax hikes will scare off investors
ONE of the Irish oil industry's most high-profile executives has warned the Government it risks losing any investment in the sector in Ireland if it tightens the tax regime for exploration here.
TH€ PUNT: Barnier eyes 'excessive' execs
IT'S the well-worn argument that to attract the best business brains, you must pay top dollar for their services.
When essential services go down, the costis huge
DISRUPTIONS to essential services such as water, energy and broadband might be annoying – having to fill a bath with spare water, no access to emails – but they also have an impact on our wallets and the economy.
'Vote of confidence' as financial services firm plans 800 jobs
FINANCIAL outsourcing company Capita plans to double its Irish workforce to 1,600 over the next three years, tapping into demand from Irish banks and global investment funds.
Fraudsters who conned AIB out of €920m have sentences increased
TWO fraudsters who orchestrated an elaborate €920m fraud against AIB have had their sentences increased after an appeal court found their initial jail terms were too lenient.
Eircom launches super-fast broadband network
Eircom has launched a national super-fast broadband network that is due to be available to 1.2 million homes and businesses by 2015.
Developer Kelleher in bid to restart building of Chicago Spire
Developer Garrett Kelleher is vying to restart construction at a site in Chicago where he originally planned to build one of the world's tallest buildings – the $2bn (€1.5bn) Spire.
Trade surplus widens in March to €3.49bn
IRELAND'S seasonally adjusted trade surplus widened to a better-than-expected €3.49bn in March as exports rose and imports shrank.
KBC halves first quarter loss in Ireland
LOSSES at Belgian-owned KBC bank narrowed in the first three months of the year, but it set aside more cash for bad loans than in the previous period.
First-quarter UTV revenue down 5pc
SHARES in UTV fell yesterday, after the media group reported lower sales than expected in the first quarter of the year and offered weak guidance for the rest of the year.
'Examiner' firm ordered to vacate Cork headquarters
THE company behind the 'Irish Examiner' and 'Evening Echo' newspapers has been ordered to vacate its headquarters in Cork.
Ryanair considering on-board wi-fi, with movies and TV shows
Ryanair is weighing options for on-board passenger wi-fi, with firms including US-based LiveTV having pitched solutions to the carrier, the Irish Independent has learned.
UTV revenue tumbles 5pc in first quarter as British market weak
UTV Media Plc said its first-quarter revenue fell 5pc, hurt mainly by a weak performance at its British radio business, which includes the popular sports radio station talkSPORT.
World of rugby to team up for Gathering event worth €250,000
Ireland captain Jamie Heaslip with Diageo head of sponsorship Rory Sheridan and Sports Minister Leo Varadkar at the launch. INPHO/James CrombieIRISH Rugby will deliver an estimated €250,000 boost to the economy when over 100 teams are expected to "gather" at University College Dublin on August 17 to compete in the Guinness Mid-Strength Irish Rugby Gathering, organised by the IRFU and Leinster Rugby.
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Irish News
Cyclist killed in car collision
An elderly cyclist has been killed in a collision with a car driver who was arrested for suspected drink-driving in Co Kildare.
Cyclist in his eighties killed by suspected drink driver
An elderly cyclist has been killed in a collision with a car driver who was arrested for suspected drink-driving in Co Kildare
FG ministers defend Shatter as Wallace row deepens
FINE Gael ministers are defending Justice Minister Alan Shatter as the row over his use of information about Independent TD Mick Wallace deepens.
Two more arrested after armed robbery at supermarket
GARDAI have made two further arrests in an investigation into an armed robbery at a supermarket in Rathfarnham last Thursday.
Changes to voting systems considered by Constitutional Convention
ALLOWING voting for a local Dail candidate without affecting overall party strengths is among electoral changes being considered by the Constitutional Convention, it was revealed.
Electoral system changes considered
Allowing voting for a local Dail candidate without affecting overall party strengths is among electoral changes being considered by the Constitutional Convention, it was revealed.
Extra sessions for courts to tackle delays
Ireland's highest courts will sit in September due to long delays, Chief Justice Susan Denham said.
Extra sessions for highest courts
Ireland's highest courts will sit in September due to long delays, Chief Justice Susan Denham said.
Taoiseach to lay wreath in tribute to Boston Marathon bombing victims
IRISH Taoiseach Enda Kenny will today lay a wreath at the memorial to those killed or injured in the Boston Marathon bombing.
Calls to reopen Croppies Acre memorial park
CAMPAIGNERS have demanded the reopening of a memorial park to Irish patriots which was closed just a year after tens of thousands of euro in public money was poured into upgrading it.
