BoI must ensure taxpayers get return on investment – Boucher
Source: Independent
Dublin :: Ireland | updated 2013-05-24 23:57:41 -0700 | business-news
Ireland boss Richie Boucher has scotched speculation that the institution might need a further cash injection and told Taoiseach Enda Kenny that the bank believes it's "morally important" to ensure that taxpayers receive a return on their investment in the...
NTMA to draw up bond auction schedule
Source: Independent
Dublin :: Ireland | updated 2013-05-24 21:42:06 -0700 | business-news
The move to draw up a regular schedule of bond auctions will be another sign of improvement in the country's financial outlook, as it's in a position to borrow money from international investors at sustainable and affordable rates that will...
Central Bank: House prices will fall this year but improve by end 2015
Source: Independent
Dublin :: Ireland | updated 2013-05-22 06:50:17 -0700 | business-news
The Central Bank cares about house prices because they see falling values as one reason for the rise in mortgage arrears. Now for the first time the bank has surveyed 200 economists, surveyors, stock brokers and estate agents for their...
1 Hidden Risk Energy Investors Must Watch Very Closely
Source: The Motley Fool
Wexford :: Ireland | updated 2013-05-22 05:51:38 -0700 | business-news
Hidden Risk Energy Investors Must Watch Very Closely As an investor you're likely keenly aware of the fact that plunking down your hard-earned money for a sliver of ownership in a company involves risk. The amount you're investing for your...
Ireland feels the heat from Apple tax row
Source: Reuters
Dublin :: Ireland | updated 2013-05-24 06:12:11 -0700 | business-news
Topics Apple Operations International, a subsidiary of Apple Inc, is seen in Hollyhill, Cork, in the south of Ireland May 21, 2013. Ireland called on Wednesday for an international clampdown on multinationals shifting profits around the world to avoid tax,...
Gilmore says Government ‘not aware' of Revenue dealings with multinationals
Source: Independent
Dublin :: Ireland | updated 2013-05-22 04:17:15 -0700 | business-news
But Mr Gilmore has reiterated the Government's denial of any special deals with companies as controversy rages over claims Apple benefits from a low corporation tax rate. Sinn Fein President Gerry Adams asked Mr Gilmore to comment on evidence coming...
CIE's sales collapse after two fare hikes
Source: Independent
Dublin :: Ireland | updated 2013-05-21 21:21:12 -0700 | business-news
The company warned in its annual report debate by cabinet yesterday that it would be years before it returns to profit. The warning comes days after a strike, which saw employees resist cost-cutting measures. Sales tumbled 8.1pc to 725m last...
Enda Kenny: Ireland does not do special tax deals with companies
Source: Independent
Dublin :: Ireland | updated 2013-05-21 09:11:46 -0700 | business-news
May 2013 Apple has been accused by two of America's most senior politicians of using Ireland to help cut its global tax bill to almost zero. But Mr Kenny has rejected claims Ireland has a deal with companies to tax...
Rogue builders asking workers to claim dole as well – report
Source: Independent
Dublin :: Ireland | updated 2013-05-21 07:20:13 -0700 | business-news
And more than three quarters of all construction companies had come across black economy workers during the past three months, a new survey has found. Outlining the massive scale of the black economy, CIF leaders urged the government to clamp...
Glanbia appoints Siobhan Talbot as first female boss
Source: Independent
Dublin :: Ireland | updated 2013-05-21 04:43:40 -0700 | business-news
Glanbia is to appoint Siobhan Talbot as its new chief executive. This move marks the second only appointment of a female chief executive to an Irish publicly listed company the other is Anne Heraty at recruitment firm CPL Resources. Glanbia...
Mortgage lending plunges by 66pc in first quarter
Source: Independent
Dublin :: Ireland | updated 2013-05-20 23:56:55 -0700 | business-news
The number of new home loans approved by banks and the amount that was borrowed both dropped by around two-thirds from the levels seen in the previous three months. The latest figures from the Irish Banking Federation (IBF) and accountants...
Slattery's 'Clare People' posts profit
Source: Independent
Dublin :: Ireland | updated 2013-05-20 21:54:10 -0700 | business-news
Accounts just filed to the Companies Office show the 'Clare People' recorded a post-tax profit of 31,841 in 2011. The firm's accumulated losses have reduced sharply from 4.92m to 1m in 2011 as Mr Slattery and co-founder Sean Lyne write...
Mortgage lending slumps two-thirds in first quarter
Source: Independent
Dublin :: Ireland | updated 2013-05-20 08:38:57 -0700 | business-news
The latest figures from the Irish Banking Federation show that so far this year lending is running at lower levels than at any time in 2012. There were just over 2,000 mortgages approved in the first three months of the...
Billionaire investor Wilbur Ross calls stake in Bank of Ireland ‘best' investment
Source: Independent
Dublin :: Ireland | updated 2013-05-20 05:39:21 -0700 | business-news
In a broad ranging interview the Bank of Ireland board member said Bank of Ireland and the Irish economy are performing far better than forecast when the banking system was stress tested by Blackrock I think Bank of Ireland is...
Elan strikes more deals, agrees second share buyback
Source: Turks and Caicos Free Press
Dublin :: Ireland | updated 2013-05-23 22:20:44 -0700 | business-news
Kelly Martin, President and CEO of Elan, speaks at the Reuters Health Summit in New York November 17, 2008. Irish drug firm Elan agreed on Monday to buy two private drug firms, spin-off its one experimental drug and buy back...
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