Liechtenstein and Ireland agree on tax exchange of information
The Minister for Finance Brian Lenihan T.D. signed a Tax Information Exchange Agreement TIEA with Liechtenstein early last week. At the signing ceremony in Government buildings Minister Lenihan said: I welcome the commitment of Liechtenstein to implement the OECD standards of transparency and exchange of information in tax matters and...

Irish company wins Canadian health care contract
An Irish company has won a multi-million Euro contract to provide technical to a health centre in Canada Ireland Online reported early last week. Lincor Solutions MEDIVista provides beds with patient entertainment services such as the internet TV and telephone in addition to clinical applications like X-Rays. It is installing...

US healthcare company brings 60 jobs to Belfast
Pharmaceutical company Elan has reported a net profit of $52.3 million for the third quarter of this year a turnaround from the $83.5 million loss in the same period last year. It also raised its outlook for the full year RTE Ireland reported on 21 October. But the results were helped...

NYSE to create 400 Belfast jobs
The New York Stock Exchange has confirmed that it plans to create 400 jobs in Belfast over the next few years RTE Ireland reported on 19 October. The announcement was made by the company at Stormont Castle where it was welcomed by the Norths First Minister Peter Robinson and Deputy...

Aer Lingus to cut 676 jobs
AER Lingus has announced 676 job cuts at the airline. In a statement on 7 October the company said that it needed to reduce annual costs by around €100 million before 2011 RTE Ireland reported. The airline said that 489 jobs will be lost among its pilots cabin crew and...

Grant for Irish tidal energy company
IRISH tidal renewable energy company OpenHydro has been awarded a grant of up to €2 million under Sustainable Energy Irelands SEI Ocean Energy Prototype Research Development Programme Ireland Online reported. The company designs and manufactures marine turbines for generating renewable energy from tidal streams. It has a project portfolio spanning...

Irish government: There will be no third referendum
Irish Prime Minister Brian Cowen on 30 September ruled out a third referendum on the Lisbon Treaty if Irish voters rejected it in the upcoming second referendum reported Deutsche Presse Agentur dpa . There wont be a Lisbon III I think thats for sure Cowen said when hypothesizing over a...

Wolseley reports loss depressed Irish market
Wolseley the worlds biggest distributor of plumbing and heating products said today that it fell into a net loss of GBP 1.17 billion during its last financial year. This compares to a net profit of GBP 74 million the previous year RTE Ireland reported on 29 September. In Ireland Wolseley...

Lisbon countdown
The crucial vote on Irelandrsquo;s 2 October re-vote on the European Unionrsquo;s governing document the Lisbon Treaty ndash; which replaced the failed EU Constitution and was rejected by the Irish last year ndash; became even iffier after an opinion poll showed the lsquo;Norsquo; vote picking up steam and a report...

Church says feel free to vote either way
Irelands Catholic Church has told its members that they are free to vote either way in next months referendum on the EU Lisbon Treaty Deutsche Presse Agentur dpa reported on 22 September - and criticized as misinformation claims that the treaty will permit abortion in Ireland. Leaflets claiming that a...

Northern Ireland politicians meet Libyan diplomats
Leading Protestant politicians from Northern Ireland held a first round of talks with Libyan officials in London on 23 September over the delicate issue of compensation for victims of Libyan-sponsored terrorism in the troubled British province reported Deutsche Presse Agentur dpa . Protestant Democratic Unionist Party DUP MP Jeffrey Donaldson...

ESB drops plan to buy wind energy firm SWS
The ESB is no longer in the running to buy wind energy company SWS Natural Resources Ireland Online reported on September 16. The West Cork company is the biggest independent wind energy supplier in the country with 180 megawatts of power in operation and another 160 megawatts to be provided...

Two new Italian bases for Ryanair
Ryanair is setting up two new bases in Italy - at Bari and Brindisi - bringing its total European bases to 36 RTE Ireland reported on September 15. From next January Ryanair will base two planes at Bari and open nine new routes while in February it will base one...

15 mln Euro for biology research centre
The Irish government is to provide almost 15 million Euro over the next five years through Science Foundation Ireland for the establishment of a new Systems Biology Ireland research centre RTE Ireland reported on September 15. Systems Biology is a new way of using computers and mathematics to understand biology....

EUs 14.8 mln euros for 2 400 former Dell workers
President José Manuel Barroso announced on September 19 that the European Commission has approved an application from Ireland for assistance from the European Globalisation adjustment Fund EGF . The grant of 14.8 million euros would help 2 400 redundant workers in the computer industry to find new jobs. The application...

TD Waterhouse launching Irish online service
UK-based broker TD Waterhouse is launching an online trading service in Ireland which will go live on September 12 RTE Ireland reported on September 7. The firm said the new trading platform will provide investors here with the broadest range of online trading services on local and international equity markets...

PES heads to Belfast just before referendum
In a means to gage just what the real public opinion on the ground is the Socialist Party of Europe PES organized a public forum under its Political activist forum series and its President Poul Nuryp Rasmussen will be in Dublin hosting the talks. From September 11 - 13 the...

Real IRA man has custody appeal rejected in Lithuania
An Irishman accused of attempting to buy arms for a paramilitary group while he was in Lithuania had his appeal against being kept in jail rejected on September 10 Deutsche Presse Agentur dpa reported. The Court of Appeal in the Lithuanian capital upheld a decision by Vilnius Regional Court that...

CPL profits dive recruitment stalls
Recruitment firm CPL Resources has reported a 92 percent plunge in pre-tax profits for the year ended June 2009. Pre-tax profits fell to 1.7million euros from 20.7 million euros in 2008 in what the company called an unprecedented year RTE Ireland reported on September 2. The company said its gross...

29 jobs at Athlone to go says Elan
Elan said on September 2 that it is seeking 29 redundancies at its facility in Athlone. The company said the job cuts are a direct result of a decision by Eli Lilly to bring the manufacturing of the Duloxetine drug in-house RTE Ireland reported on September 2. The company said it...

Drogheda devices firm also shedding workers
Twenty two jobs are to go at a medical devices company in Drogheda RTE Ireland reported on September 1. Management told workers at Becton Dickinson at a meeting that the company has had to take strategic and business decisions to secure the long-term future of the plant. As a result...

Smart Telecom enters examinership
An interim examiner has been appointed to telecoms company Smart Telecom RTE Ireland reported on August 31. The High Court heard that it owes its creditors around 70 million Euro in loans and interest. Smart is controlled by Cavan-born businessman and Kingspan shareholder Brendan Murtagh. The Court heard that Murtagh had...

Flat sales for Guiness in times of uncertainty
Diageo Ireland has said sales of Guinness in Ireland were flat in the year to the end of June in a declining market RTE Ireland reported on August 27. The company said Guinness increased its share of the pub market in the Republic by 1.3 points to 32.2 percent. Diageo...

CC 205 mln Euro deal for Scotland Tennants lager
Drinks group CC is buying Anheuser Buschs operations in Ireland Northern Ireland and Scotland for 205 million Euro RTE Ireland reported. The main brand is Tennants lager but CC will also get the distribution rights for global brands like Stella and Becks and in Scotland and Northern Ireland for Budweiser....

Friends First announces 147 job cuts
Life assurance company Friends First announced on August 27 that it will cut 147 jobs from its current workforce of 540 as it restructures its business RTE Ireland reported. The company said the cuts will help it to deal with the new challenges it faces and will ensure a long...

Workers at Coca-Cola Bottlers facing strike
Up to 130 Siptu workers at Coca Coca HBC Bottlers are due to go on strike in a weeks time RTE Ireland reported. The planned action followed a meeting on August 19 at the Labour Relations Commission between management and the union. Siptu said the company would only discuss plans...

German firm screen-scraping says Ryanair
Ryanair has announced that it is suing a German company for the alleged unauthorised reselling of airline tickets Ireland Online reported on August 18. The airline has lodged proceedings at the High Court in Dublin against Unister GMBH. Ryanair claims the company is engaged in screen-scraping and reselling of Ryanair...

Readymix H1 hit by building weakness
Building materials group Readymix has reported a pre-tax loss of 6.9 million Euro and an operating loss of 7.1 million Euro for the first six months of its financial year. The operating loss was wider than the 6.6 million Euro a year earlier RTE Ireland reported on August 18. The...

Nearly 100 jobs to go at Budget Travel
Budget Travel is to close up to 14 of its travel stores with the loss of almost 100 jobs RTE Ireland reported on August 14. The company currently employs 266 people at 31 outlets around the country. The company says it has begun a 30-day consultation process with staff to...

2008 profits dip for Star publisher
The publisher of the Irish Daily Star and Irish Daily Star Sunday titles has reported a fall in profits for the year to December 26 2008 RTE Ireland reported on August 14. Independent Star Ltd recorded a trading profit of 6.8 million Euro down 6.8 percent from the previous year....

Pfizers new research plan
Pharmaceutical giant Pfizer is to invest more than 11 million Euro in a new research laboratory at its Ringaskiddy site in Cork. IDA Ireland Agency Responsible for the Development of FDI in Foreign Investment Ireland is backing the investment company officials said on July 6. The new laboratory will be...

200 new jobs at renewable energy firm
Airtricity which is competing with the ESB and Bord Gais to supply electricity to homes is promising to create 200 new jobs company officials said last week. The renewable energy supplier will add 50 new positions at its headquarters in Sandyford while the remaining 150 jobs will be through indirect...

Gold deal talks break down
Glencar Dublin-listed exploration company with a focus on exploration and development of gold deposits in Africa said negotiations with South African company Gold Fields on a proposed joint venture on the Komana Project in Mali have ended without agreement company officials said last week. Gold Fields is one of the...

Biotech firm to create 30 new jobs
US biotechnology company Gilead Sciences is to set up a new financial centre for its European businesses in Cork creating 30 new jobs company officials said on July 7. The new European Financial Shared Services Centre will process financial activities for Gileads operations. Gilead currently employs 125 people at its...

To be optimistic for further benefits
CRH the countrys biggest stock exchange quoted company said that while the rate of profit decline in the second quarter eased substantially compared with the first quarter the world recession led to weaker than anticipated trading in May and June company officials said. The first six months of the year...

Thousands of food industry jobs at risk
2 000 jobs have been lost in the industry so far this year and many thousands more are at risk Food and Drink Industry Ireland FDII officials said on June 23. FDII part of employers group IBEC said firms competitive position had been damaged by high business costs. It called...

Tom Hogan car dealership is setting to close
There are fears that 190 people are to lose their jobs as a result of the decision by the Tom Hogan car dealership to close one of Irelands largest car dealerships company officials said on June 24. The company has its main outlet at Ballybritt in Galway but also has...

Weddings save jobs
A deal has been done to save a well-known hotel in Donegal which went into voluntary liquidation in January company officials said last week. The general manager of the Sandhouse Hotel in Rossnowlagh Paul Diver and his team are to take over the running of the hotel. They said this...

Liberty Global interested in Setanta Ireland bid
International cable group Liberty Global is interested in buying the Dublin-based operations of sports broadcaster Setanta Sports according to reports on June 24 company officials said. Receivers were appointed to Setanta Sport Holdings the parent company of sports broadcaster Setanta and a number of subsidiary companies. As a result Setantas...

Boston Scientific to invest in Galway
The Tanaiste and Minister for Enterprise Mary Coughlan was to announce an investment of 91 million Euro at the Boston Scientific plant in Galway on June 24 company officials said. The initiative will lead to the creation of 45 high calibre jobs which will come on stream immediately. This investment...

Family bakery strikes big dough Tesco deal
A bakery based in County Galway has won a 14 million Euro deal with Tesco to supply muffins to the retail groups British shops company officials said on June 12. Brogans Bakery in Glenamaddy was to add four new products to the range offered to Tescos 2 000 UK stores...

Creating jobs in south and east regions
45 jobs are being created in Carrigaline Co Cork by Zevas Communications one of Irelands Leading Contact Service Clients after signing a new deal with UPC the parent company of Chorus NTL.. With the support of IDA Ireland the agency responsible for industrial development in Ireland Sophis Technology Ireland Ltd...

Energy buys wind
Irish-based renewable energy developer Mainstream Renewable Power has bought a number of wind farm projects in the US state of Illinois company officials said on June 15. The company has acquired the assets which have a potential capacity of 787 megawatts from local wind farm developer FPC Services. The deal...

To cut 100 jobs in Dublin and in the North
Drinks group Diageo Ireland which owns Guinness has announced plans to cut 107 jobs company officials said on June 16. It says 12 positions will be cut in the North and 95 at the companys St James Gate headquarters in Dublin. In a statement the company said the move was...

Fears for jobs at Lufthansa
Fears are growing for the future of 465 jobs at the Lufthansa Technik Airmotive plant in Rathcoole in Dublin company officials said on June 10. Management have issued a notice to staff warning that unless an agreement on new work practice and overtime arrangements is fully operated by staff they...

Braun factory to shut with 160 jobs
160 of the 260 jobs are being lost in Carlow with the closure of the Braun factory. The company has issued a statement which said 100 employees out of the current workforce of 260 will be transferred to their Newbridge plant but this will mean the loss of 160 jobs...

Norkoms profits going higher
Norkom which specialises in financial crime and compliance software has reported a slight increase in pre-tax profits for the year ending March 2009 company officials said on June 9. Pre-tax profits rose to 4.905 million Euro from 4.879 million the same time the previous year while revenues rose by 17...

Snap Printing merges with Galway print firm
Business print and design group Snap Printing on June 8 announced a merger with a print business in Galway city company officials said. Corrib and Data Printers Ltd will now trade under the Snap umbrella. Declan Monaghan Managing Director of Corrib and Data Printers Ltd said: Having explored many potential...

A case study in how not to communicate
The record-low turnout for the European Union elections proved once again that those in charge of communicating Europe donrsquo;t have a clue how to do it beyond protecting their self-interests at which they are masters of talking to each other. European Commissioner Margot Wallstrom responsible for Institutional Relations and Communication...

Britvic Irelands profit fall but revenue up
Drinks group Britvic Ireland which announced 145 job losses here earlier this year has said its half yearly operating profits fell by GBP 4.3 million to zero as a result of the challenging markets conditions RTE Ireland reported on May 20. However revenues rose by nearly two percent to GBP...

Ireland News - New Europe News
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TUV sorry over 'leprechaun' remark

A hard-line unionist party has been accused of an embarrassing climbdown after it apologised for branding Irish a "leprechaun language".

Leading literary lights lend hands to UN anthology

NOBEL laureate Seamus Heaney, writers Roddy Doyle and Anne Enright and artist Louis Le Brocquy were among some of Ireland's most distinguished writers and artists in attendance last night as former President Mary Robinson launched a new book celebrating the UN Declaration of Human Rights.

Only change after day of protest is we owe €70m more

UP to 75,000 yesterday took to the streets to protest at €4bn in proposed Budget cuts -- but the only thing that had changed by last night was that the country was €70m deeper in debt.

Chemist chain Boots to stay open 'in event of strikes'

BOOTS last night moved to reassure customers its stores will remain open despite planned industrial action by some of its workers.

Fresh air key to Kathleen's 107 years

IT'S the secret to long life -- brisk walks in the countryside and gardening in the fresh air.

Building company collapses with loss of 70 jobs

A BUILDING firm that employed up to 400 workers at the height of the property boom has ceased trading.

Arson probe in car park fire

GARDAI believe that a blaze at an apartment complex car park yesterday may have been started deliberately.

Priest's safety more important than politics, say friends

COLLEAGUES of kidnapped Irish priest Fr Michael Sinnott have called on the Philippine authorities to focus on the cleric's safety rather than internal political difficulties.

Mother of strangled woman breaks down after jury stalemate

THE mother of a pregnant woman strangled by her former boyfriend broke down at the Central Criminal Court yesterday as a jury failed to agree whether he was guilty of her murder or manslaughter.

Methadone dose proved fatal to key suspect

The main suspect in the shooting dead of Donna Cleary who died of meth- adone poisoning after being questioned in a garda station was not on a methadone treatment programme, an inquest has heard.

Law Society's new president takes office

THE Law Society, the ruling body for solicitors, has elected a new president who takes office as the profession faces a steep rise in indemnity insurance.

Silence speaks louder

CELTIC Tigers may come and Celtic Tigers may go, but there's one constant about the Irish people -- we're a desperate shower of last-minute merchants.

This is a class war, workers unite to tell Government

PUBLIC and private sector workers walked side-by-side in demonstrations across the country yesterday.

Politicians and bosses 'are sowing division'

THE Government and employer groups have been accused of "playing a blinder" in repeatedly shifting the focus of blame for the current financial crisis from their own incompetence onto the public service.

We've been hit hard, but reducing nation's costs is a shared responsibility

THE managing director of a car dealership last night said that reducing the costs of the country was "a shared responsibility".

Lower-paid workers asked to carry burden

Three leading public sector figures took it in turns in Dublin yesterday to draw distinctions between what they said caused the economic crisis and those now being asked to bear the consequences of their actions. This is what they said:

United they stand: 75,000workers vote with their feet

UP to 75,000 angry demonstrators took to streets across the country yesterday to protest about Government plans for swingeing cuts in the forthcoming Budget.

Marching uphill is easy, it's the let-down that hurts

SELF-interest is not always an ignoble motive but it was difficult to see any more altruistic purpose behind yesterday's Irish Congress of Trade Unions (ICTU) marches.

Everybody's in Love with chart-toppers JLS

HUNDREDS of fans crammed into HMV in Dundrum Town Centre yesterday to catch a glimpse of chart-topping boy band JLS.

Building company collapses with loss of 70 jobs

A BUILDING firm that employed up to 400 workers at the height of the property boom has ceased trading.

Regulator's travel bond demands 'are unlawful'

Budget Travel claims its ability to carry on its business is being hampered by the aviation regulator's "unreasonable and unlawful pre-conditions" for renewal of its licence.

Chemist chain Boots to stay open 'in event of strikes'

BOOTS last night moved to reassure customers its stores will remain open despite planned industrial action by some of its workers.

Pyramid scheme broker returns €140,000

A FINANCIAL services worker involved in a pyramid scheme that racked up losses of €500,000 has been given more time by a court to compensate the victims.

What is a BER?

A BER test checks how energy-efficient your house is by measuring the quantities of energy and carbon your house uses or produces in a given year.

Diocese childcare boss to take top HSE job

The child protection supremo of the Catholic archdiocese of Dublin has left to take up a £100,000 plus job with the HSE as assistant national director for children and families.

Independent.ie - National News RSS Feed
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Title race still open - Fergie

Sir Alex Ferguson does not expect the Barclays Premier League title race to take shape until after the next international break.

Cole wants new Blues deal

Joe Cole is eager to sign a new deal at Chelsea after his successful return from injury in recent weeks.

Cusack boot helps Munster power past Ulster Ravens

Munster were deserving winners of yesterday's 'A' Inter-provincial clash at Musgrave Park.

Striving for a soft landing

Given his still-extant links with the financial world, Paul McNaughton doesn't need reminding of how easy a crash landing can occur even when the pilots are expecting a soft one.

Peers, Blinkhorn help clinical Sligo secure top-flight status

Sligo Rovers secured their Premier Division status with an assured defeat of Drogheda United at The Showgrounds.

Ancelotti in no rush to spend in January sales as ban suspended

Carlo Ancelotti insists he will not be rushed into buying new players in January even though the Court of Arbitration for Sport has suspended their transfer ban.

Boxing: Russian giant set to prove size matters

It has been 347 days since David Haye last stepped into a ring, but tonight, as the cliche goes, the talking stops. And Haye has done enough talking for a dozen bouts.

Notre Pere has legs to deny Nicholls hat-trick at Down Royal

Racegoers in the north east are particularly well catered for today with the jumpers holding centre stage during Down Royal's principal fixture and the flat brigade heading to Dundalk Stadium later on.

Patriotism aside, Rip still has Classic look

THE NOBEL Prize-winning physicist, Niels Bohr, once defined an expert as "a person who has made all the mistakes that can be made in a very narrow field." Bohr carried out a number of studies on the psychology of winning and losing and he found that those people who seem to come out on top a lot were, unsurprisingly, those who learn from past mistakes.

Queen's reign heralds the perfect start

Getting going ...

Weapons has too much in his armoury

Charles Byrnes has found an ideal opportunity for Weapon's Amnesty (right) to get off the mark over fences at Limerick tomorrow.

Ninetieth Minute looks good for Lismullen

The Fortria Chase meeting at Navan and Limerick's rival fixture tomorrow afternoon each feature a Cheltenham Festival winner from last March, with Ninetieth Minute and Weapon's Amnesty in the spotlight.

Harrington feels Lowry has what it takes to be the next Monty

Reigning Irish Open champion Shane Lowry could become the next Colin Montgomerie.

Farrell welcomes positive change in GAA relations

TANGIBLE progress has been made on the issue of getting the GAA to officially recognise the Gaelic Players' Association (GPA), according to GPA CEO Dessie Farrell last night.

Rathvilly matching Divilly's big ambitions

HE'S won an All-Ireland with Galway and later caused a stir by playing for Kildare for a season -- but it is Carlow football that is consuming John Divilly's buoyant passion for the game these days.

O'Rahillys test will see the real proof of Clonakilty's pudding

CLONAKILTY may have got the draw from hell in the Munster SFC club championship -- away to Kerins O'Rahillys in Tralee tomorrow -- but that still hasn't dampened their enthusiasm in a huge year for the West Cork club.

Kennelly's Oz return

THE worst kept secret in the GAA was confirmed last night as Kerry football star Tadhg Kennelly informed the Kerry county board of his decision to return to the professional ranks Down Under.

Deans eyes early tonic for ailing Wallabies

Australian coach Robbie Deans is, in normal circumstances, a wily character. To say he keeps his cards close to his chest would be like saying the KGB was always a tad reluctant to broadcast its intentions.

I'm Sorry Brian, but i got it wrong

As one who advocated Brian O'Driscoll handing the captaincy to Paul O'Connell in his own best interest upon Declan Kidney assuming control, it is nice to be able to state that one year on, I was wrong.

Slam but a memory as Kidney plans for southern invasion

Three years ago, almost to the day, I suggested in these pages that Eddie O'Sullivan's Ireland, preparing at the time to take on South Africa, Australia and the Pacific Islanders, should target three wins from three as a realistic and clearly attainable November series objective.

Cusack boot helps Munster power past Ulster Ravens Rowan brace sets up 'Rock

Munster were deserving winners of yesterday's 'A' Inter-provincial clash at Musgrave Park.

Johnson as top dog leaves me speechless, almost

My attention was drawn to an English publication this past week which named Martin Johnson as the No 1 rugby player of all time. My reaction?

Guy keeps Saints 'safe' as relegation chaos looms

THE last game of the season is generally when the outstanding issues are decided in a normally functioning league. Which, sadly, rules out the League of Ireland.

Peers, Blinkhorn help clinical Sligo secure top-flight status

Sligo Rovers secured their Premier Division status with an assured defeat of Drogheda United at The Showgrounds.

Method with the madness

If one were to listen too intently to the burble of the bar stool and the prattle of the pundits, France pitch up on Irish soil next week with a travelling troupe headed by an eccentric and riven by internal strife.

Independent.ie - Sport RSS Feed
Sport

 

BA cabin crews balloted over cuts

Union leaders have served formal notice of a ballot among thousands of British Airways cabin crew in a dispute over new contracts and job cuts.

BA and RBS shares lift FTSE

Share bounce backs for British Airways and Royal Bank of Scotland helped nudge the FTSE 100 Index higher and offset disappointing data out on Wall Street.

RBS loses half toxic debt 'excess'

Part-nationalised Royal Bank of Scotland has already eaten through nearly half the £60 billion "excess" on toxic debts insured by the taxpayer, it has emerged.

Fire sales at closing First Quench

A giant booze sale has begun after Threshers and Wine Rack stores earmarked for closure launched "very substantial" discounts.

Rentokil narrows City Link loss

Recent postal strikes have not proved a windfall for Rentokil Initial's troubled City Link delivery business, the firm has said.

Food and drink sweetens Tate result

Tate & Lyle has said its first-half performance was better than expected after sales to food and drink customers held firm.

More BA jobs to go after £292m loss

British Airways is to cut an extra 1,200 jobs, taking the total reduction to 4,900 by next year, it was revealed.

Chemist chain Boots to stay open 'in event of strikes'

BOOTS last night moved to reassure customers its stores will remain open despite planned industrial action by some of its workers.

Ulster Bank racks up £85m operating loss in third quarter

Ulster Bank chief executive Cormac McCarthy said yesterday that half the 1,000 people targeted by a redundancy programme this year have already left the bank, as it unveiled an £85m (€97m) operating loss for the third quarter.

Building company collapses with loss of 70 jobs

A BUILDING firm that employed up to 400 workers at the height of the property boom has ceased trading.

Fannie Mae eyes big losses on $15bn owed by Lehman

Fannie Mae, the loss-making mortgage-finance company seized by regulators, said it has $15.8bn (€10.7bn) in claims against bankrupt securities firm Lehman Brothers that it will at best partially recover.

Fewer jobs and lower growth feature in 'new normal' of US

The US economic recovery will probably "run out of gas" as it heads toward a "new normal" of lower long-term growth and higher unemployment than over the previous decade, Nobel laureate Edmund Phelps said yesterday.

Metro Herald gets merger go-ahead

MEDIA

BA less pessimistic despite £292m pre-tax loss

BRITISH Airways (BA) said yesterday that it plans to cut a further 1,200 jobs after reporting its first loss in the first half of its financial year.

Beef baron Goodman strikes deal with Tesco

BEEF baron Larry Goodman has scored a deal to get his meat into Tesco's 119 stores across the Republic of Ireland.

Ballymore International's €70m losses spark warning

PLUNGING property prices triggered after-tax losses of almost €70m at Sean Mulryan's international property operations last year, prompting directors to warn that further falls could leave the company at the mercy of its lenders.

Tullow hopeful of another Jubilee-size yield

TULLOW Oil may be sitting on a second giant field offshore Ghana with reserves at the recent discovery thought to be similar to the 1.8 billion barrels contained in the Jubilee field nearby, the company said yesterday.

IFG to cut debt pile on back of robust earnings

Financial services firm IFG Group signalled yesterday it is on track to shave a significant amount off its debt pile in the second half of this year on the back of robust performance by the financial firm's UK and international units.

Ulster Bank racks up £85m operating loss in third quarterAll-island operations remain a ' core' unit to British parent

Ulster Bank chief executive Cormac McCarthy said yesterday that half the 1,000 people targeted by a redundancy programme this year have already left the bank, as it unveiled an £85m (€97m) operating loss for the third quarter.

Giant suffers quarterly loss as writedown provisions hit £3.3bn

Royal Bank of Scotland (RBS), parent of Ulster Bank, turned in a third-quarter loss after £3.3bn (€3.7bn) of provisions for bad loans and credit-market writedowns.

National debt could grow by £1.5trn

The financial crisis is likely to add up to £1.5 trillion to the national debt, the Office for National Statistics (ONS) said.

Dyson's salary slashed to £457,000

Vacuum cleaner mogul Sir James Dyson saw his salary slashed last year as profits slid at his technology firm.

Stocks surge after fall in jobless

A drop in unemployment claims and an upbeat forecast from Cisco Systems Inc. gave investors a jolt of confidence a day before a key government report on jobs.

Microsoft Windows 7 smashes sales records

Windows 7 has been a bigger seller than its predecessor, Windows Vista, new industry figures show.

Steve Jobs voted ‘CEO of the decade’

Steve Jobs, Apple’s chief executive, has been voted the CEO of the decade by Fortune magazine.

Independent.ie - Business RSS Feed
Business

 

Teachers highlight importance of education in recession
More than 200 secondary school teachers are attending an ASTI conference in Dublin today which aims to highlight the social importance of education during the downturn.

Minister: Country cannot continue borrowing €400m a week
A Minister of State has said the country is not in a position to continue borrowing at the current rate of more than €400m a week.

Coastguard rescue man off Clare coast
A man is being treated at University Hospital Galway after being rescued off the County Clare coast.

Man seriously ill in hospital after crash with garda car
A man is in a critical condition in hospital following a crash involving a garda car and another vehicle at the Red Cow in Dublin.

SF meets on Budget and NI policing
Sinn Féin will finalise its pre-budget submission to the Government today which details how €4bn in spending cuts and taxes can be achieved in December's Budget.

Report: HSE to cut back on aids for elderly and disabled
The HSE is reportedly cutting back on basic essential aids for elderly and disabled patients, like bedpans, drip stands and toilet frames.

Gardaí hurt in Dublin crash
Two people have been hospitalised following a crash involving a garda car.

Gardaí arrest man after shooting in Westmeath
A number of shots were fired during an incident in County Westmeath last night.

Child abuse report chapter may be delayed for years
It has been claimed that the publication of a crucial chapter of the Dublin Archdiocese report into clerical child abuse could be delayed by years.

Gardaí found hatchet and hammer in house of 'getaway driver', court hears
The jury in the trial of a man alleged to be the getaway driver in a fatal shooting has heard that gardaí found a hatchet, a hammer and a motorbike jacket in the accused's house in the hours after the murder.

Ireland: BreakingNews.ie
Ireland's premier breaking news website providing up to the minute news and sports reports.

 

Ireland: Shocking Child Abuse by the Roman Catholic Church

Lisbon Treaty: Take Two for Ireland
Ireland has agreed to hold another referendum on the Lisbon Treaty—and to get it ratified this time.

Germany Threatens Ireland
Germany’s attitude toward Ireland reinforces the anti-democratic EU process.

The EU and the Irish
The Irish have done it again. For the second time in seven years they have rejected an EU treaty. Will this be the end of the EU’s drive for federation?

Why Ireland Cannot Stop European Unification
Ireland’s rejection of the Lisbon Treaty will not be the end of a forming European Empire. Here’s why!

Statistics Reveal Dramatic Breakdown in Irish Families
An unprecedented and detailed analysis of Census 2006 shows Ireland approaching British and U.S. rates.

From Terrorists to Politicians
In Northern Ireland, terrorists graduate to legitimate politics.

theTrumpet.com: Ireland
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Republic of Ireland

Largest City: Dublin

Ireland is the third largest island in Europe, and the twentieth largest island in the world. It lies to the northwest of Continental Europe and is surrounded by hundreds of islands and islets. To the east of Ireland, separated by the Irish Sea, is the island of Great Britain. Politically, the Republic of Ireland (also known simply as Ireland) covers five sixths of the island, with Northern Ireland, part of the United Kingdom, covering the remainder in the northeast.

The population of the island is slightly over six million (2007), with 4.34 million in the Republic of Ireland (1.7 million in Greater Dublin) and an estimated 1.75 million in Northern Ireland (0.6 million in Greater Belfast). This is a significant increase from a modern historical low in the 1960s, but still much lower than the peak population of over 8 million in the early 19th century, prior to the Great Famine.

The name Ireland derives from the name Ériu (in modern Irish, Éire) with the addition of the Germanic word land. Most other Western European names for Ireland derive from the same source, such as French Irlande, Spanish, Italian and Portuguese Irlanda, German Irland and the Dutch Ierland.

Traditionally, Ireland is subdivided into four provinces: Connacht, Leinster, Munster and Ulster; and, in a system developed between the 13th and 17th centuries, 32 counties. Twenty-six of the counties are in the Republic of Ireland, and the remaining six (all in Ulster) are in Northern Ireland. Notably, Ulster and Northern Ireland are neither synonymous nor coextensive, as three counties of Ulster (Cavan, Donegal and Monaghan) are part of the Republic. Counties Dublin, Cork, Limerick, Galway, Waterford and Tipperary have been broken up into smaller administrative areas, but are still considered by Ordnance Survey Ireland to be official counties. The counties in Northern Ireland are no longer used for local government, although their traditional boundaries are still used in sports and in some other cultural areas.

 

Source: Wikipedia, the free encyclopedia

http://en.wikipedia.org/wiki/Ireland