Ireland’s banking industry is on a collision course with the Financial Regulator over the latter’s plans to begin a formal review process of the controversial area of compliance statements.
Funds serviced in Ireland topped the magical $1 trillion mark for the first time at June 30, 2006, up 28 per cent year on year, according to the latest international study of the financial services industry.
Cadbury Ireland has told its staff it will close its manufacturing plant in north Dublin if a ratonalisation programme involving up to 450 job cuts is not accepted.
The old saying that you need money to make money certainly applies, but it sure helps when you are also blessed with an instinct for an opportunity.
Chevron, the parent company of Texaco Ireland, is preparing to put some or all of the company’s estimated 220 petrol stations in the Republic up for sale in the near future.
Aer Lingus and the government have been told by advisers that the best prospect of Ryanair’s proposed €1.48 billion takeover failing rests with a narrow interpretation by the EU Commission of competition on the Dublin to London market and the dominan
Minister for Transport Martin Cullen will ask his European counterparts on October 12 to allow Ireland to proceed with agreeing a new bilateral aviation treaty with the US in the event that talks for a wider EU-US open skies agreement break down.
Tullow Oil chief executive Aidan Heavey’s love affair with Africa deepened last week with the announcement that the Irish company is seeking to buy Australian rival Hardman Resources for stg£581 million (€865 million).