Friday 17 January 2020

Greyhound Board in deal over betting

THE Irish Greyhound Board has signed a revenue sharing deal with betting agents Datatote and IBC. The deal will be worth an estimated €100,000 a year to the greyhound industry here. Both companies are large agents for sports and racing in Europe and Asia.

Programme to push cross-border trade

SMALL FIRMS

INTERTRADEIRELAND has launched the 2012 phase of its sales development programme, Elevate, which aims to help small businesses across Ireland develop sales opportunities through first time cross-border exports. Research indicates that small businesses which are not exporting have been hit hardest by the recession.

Businessmen fight court bid by NAMA

COURTS

TWO businessmen behind a firm which developed a €30m shopping centre in Co Tipperary are opposing a bid by a NAMA company to get judgment orders against them for €31m, the Commercial Court heard. National Asset Loan Management (NALM) Ltd has brought an action against Pat Moloughney, Newpark, Dualla, Cashel, Tipperary, and Philip De-Vere Hunt, Ardmayle House, Ardmayle, also Cashel, for recovery of €30m in loans allegedly given to them by AIB in 2010.

Enron chief loses bid to clear name

RULING

THE US Supreme Court turned down the latest appeal by former Enron chief executive Jeffrey Skilling, who wants to overturn his conviction for his role in the energy giant's spectacular 2001 collapse. The Supreme Court refused to examine Skilling's appeal to re-examine the conspiracy charges, thus confirming lower court rulings.

Moody's won't revisit France's key rating

CREDIT

DEBT rating agency Moody's said it has no plans for an imminent change in France's rating. The rating agency poured cold water on a suggestion by presidential front runner Francois Hollande that a decision could come shortly after the vote.

Irish Independent

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