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: °C Tuesday 2 September, 2014

Companies - Yesterday’s News

Tesco’s position as top Irish supermarket choice is looking increasingly shaky

No prizes for guessing who the UK seller is losing ground to…

Companies - Friday 29 August, 2014

From TheJournal.ie Which industry did Irish consumers complain about most in 2013? Kick Up A Fuss
From TheJournal.ie Irish Rail and workers to enter talks to avoid All-Ireland day train strikes Public Transport

Irish Rail and workers to enter talks to avoid All-Ireland day train strikes

Discussions will be held at the LRC tomorrow.

Malaysia Airlines to fire 6,000 workers and set up new company

That’s nearly one third of the workforce.

Companies - Thursday 28 August, 2014

The new owner of these Dublin apartments is paying €25 million just to finish them off

Hibernia bought the apartments from Ulster Bank as part of a €67 million deal earlier this year.

Americans are acquiring a taste for Jameson – but it’s not so bright at home

Sales are up nearly 10% in America, but are struggling at home.

142 registrations drive ‘exceptional’ consumer spending last month

Car sales are a massive 32.1% higher than last year.

Canny punters give Paddy’s profits a €34 million kicking

But they still made over €60 million so far this year, so our sympathies are limited.

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Companies - Wednesday 27 August, 2014

From TheJournal.ie SuperValu, Tesco, Spar and PC World branches all hit with notices by consumer agency The Price Is Wrong

SuperValu, Tesco, Spar and PC World branches all hit with notices by consumer agency

The Christmas Direct website was also hit with enforcement notices.

IMF chief Christine Lagarde charged in €400 million fraud case

Lagarde said that she will not resign her position and intends to return to work immediately.

Companies - Tuesday 26 August, 2014

A Limerick company could have found $10 billion worth of oil in Tunisia

Circle Oil’s share price jumped almost 25% on the news.

UK sales are saving Kingspan’s profits with Irish revenues static

Overall, the building giant’s profits were up by 24% compared to 2013.

Yanks and Canucks in a stir as Burger King buys Tim Hortons for €7.5bn

Tim Hortons is a Canadian institution but is being bought mainly for tax reasons.

Rain cheque as storm payouts wipe almost €20 million off FBD’s profits

Analysts think that the insurer could hike car premiums to protect profits.

€17.75 million for Dublin docklands site adjoining old U2 studio

It’s the 11th high-profile purchase by property investors Hibernia REIT.

From TheJournal.ie Opinion: Why do so many businesses ignore the needs of disabled patrons? No Sense

Opinion: Why do so many businesses ignore the needs of disabled patrons?

If people with disabilities cannot park near your business or access your services, they and their friends won’t give you custom – it’s that simple.

Companies - Monday 25 August, 2014

From TheJournal.ie Get caught by today’s rail strike? There’s two more planned (and unions won’t rule out even more) Travel Chaos

Get caught by today’s rail strike? There’s two more planned (and unions won’t rule out even more)

The next 48-hour stoppage starts on the day of the All-Ireland Hurling Final.

From TheJournal.ie Taxi-drivers call for grants to ‘carjack-proof’ their vehicles Knifepoint

Taxi-drivers call for grants to ‘carjack-proof’ their vehicles

The National Private Hire and Taxi Association have spoken out after yesterday’s attack on a Dublin taxi driver.

Companies - Friday 22 August, 2014

Sold! Hibernia’s city centre empire grows with €37.8m IFSC deal

The pre-Nama history of the building includes figures such as Lar Bradshaw and David Quinlan.

Mining company gets green light to go prospecting in Kilkenny

There’s zinc in them there hills.

Companies - Thursday 21 August, 2014

From TheJournal.ie Michael O’Leary’s ice bucket challenge is the most Michael O’Leary thing ever Vintage

Exporters rail against All-Ireland train strikes

Industrial action could have lasting consequences for rail travel, the IEA said.

From TheJournal.ie Michael O’Leary expects Ming to fly Ryanair back to Roscommon and spend his MEP euros Austerity Budget Carrier

Michael O’Leary expects Ming to fly Ryanair back to Roscommon and spend his MEP euros

The airline unveiled nine new routes from Dublin this morning.

Companies - Wednesday 20 August, 2014

How is Ireland’s beer market like the economy?

Heineken say that recovery in beer sales is much like the economic upturn: uneven.

From TheJournal.ie Carlsberg is the latest casualty of Eastern European turmoil Small Beer

Carlsberg is the latest casualty of Eastern European turmoil

The brewer is expecting a dip in profits due to the worsening situation.

Companies - Tuesday 19 August, 2014

From TheJournal.ie Nama has sold a former Sunderland investor’s hotel for €13 million Done Deal

Nama has sold a former Sunderland investor’s hotel for €13 million

Jack Tierney was part of Niall Quinn’s consortium, which bought the club in 2006.

From TheJournal.ie Sean Dunne’s bankers want to seize his Shrewsbury Road mansion Baron Of Ballsbridge

Sean Dunne’s bankers want to seize his Shrewsbury Road mansion

The bank says it is owed over €12 million for a property it values at €4 million.

Companies - Monday 18 August, 2014

From TheJournal.ie The IFSC is poised to swoop if US banks go cool on London Brexit

The IFSC is poised to swoop if US banks go cool on London

Dublin could profit – but don’t expect skyscrapers lining the quays.

From TheJournal.ie Cavan’s Kingspan snaps up US outfit for €60 million Done Deal

Cavan’s Kingspan snaps up US outfit for €60 million

The Irish giant is expected to target the US market aggressively after the deal.

Companies - Sunday 17 August, 2014

From TheJournal.ie These jobs are most likely to be replaced by robots Automatic For The People

These jobs are most likely to be replaced by robots

Bad news for proof readers, projectionists and butchers.

Companies - Thursday 14 August, 2014

160 jobs to go as MBNA closes Carrick-on-Shannon call centre

Attempts to sell the call centre were not possible according to the company.

More than 1,000 customers had their electricity or gas cut off in June

These disconnections relate to the non-payment of bills.

From TheJournal.ie Vindicated, relieved, frightened: Michael O’Flynn after his court battle with Blackstone Loan Sales

Vindicated, relieved, frightened: Michael O’Flynn after his court battle with Blackstone

The Cork developer has alleged that Blackstone completely changed strategy once it acquired his loans.

Companies - Wednesday 13 August, 2014

From TheJournal.ie Michael O’Flynn succeeds in having examiners removed, will repay €24.9m loans on Friday High Court

Michael O’Flynn succeeds in having examiners removed, will repay €24.9m loans on Friday

The Cork developer’s scramble to retain control of his empire has been concluded.

Companies - Tuesday 12 August, 2014

Property developer Michael O’Flynn: I can repay €24.9m loans “immediately”

A US investment fund had demanded that that he repay the loans but O’Flynn says they wanted him to default.

From TheJournal.ie In pics: the derelict €171.5 million Dublin hotel bought for just €7 million Loss Booked This post contains images

In pics: the derelict €171.5 million Dublin hotel bought for just €7 million

The boomtime project will take another €20 million to finish off.

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