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  • Worries of a long war send stocks tumbling

    Stocks tumbled, the dollar suffered and bonds rallied yesterday as investors worried that the war in Iraq could drag on for months, and tough fighting over the weekend failed to convince them otherwise. p

  • Mortgage lending continues sharp rise

    Mortgage lending is continuing to accelerate, a trend likely to intensify the Central Bank's investigation into the lending practices of the financial institutions, writes Cliff Taylor , Economics Editor. p

  • NTL reports 25% increase in turnover

    NTL Ireland has reported a 25 per cent increase in turnover for the fourth quarter of 2002, with earnings from the Irish market of £4 million sterling (€5.8 million). p
Other Stories

  • IWP says profits for 2003 will fall below expectation

    Personal care group IWP has warned that its profits for this year will fall beneath expectations as conditions remain difficult across most divisions. p

  • More than 130 societies are struck off

    More than 130 friendly societies have been taken off the Registry of Friendly Societies for either filing no annual returns or presenting incomplete returns. p

  • Consumer confidence stable in March - report

    Irish consumer sentiment stabilised in March, suggesting that confidence was remaining reasonably stable in the run-up to the outbreak of war. p

  • Cost of purchasing new houses increasing again

    Housing inflation saw prices rise 0.9% in February. Edward Power reports. p

  • Bank tight-lipped on the cost of changes for customers

    AIB will pay interest to some of its current account customers from June but will withdraw free banking from others, writes Siobhán Creaton , Finance Correspondent. p

  • Society group claims victory

    Campaigners who are seeking the demutualisation of the Irish Nationwide building society have claimed a significant victory and the backing of its efforts by the Central Bank, writes Siobhán Creaton , Finance Correspondent. p

  • FG criticises Government as jobs decline

    The Government was strongly criticised by Fine Gael yesterday after new employment figures underlined the sharp decline in the economy's fortunes, writes  Chris Dooley , Industry and Employment Correspondent. p

  • AIB to sell New York retail branch to M&T

    Allied Irish Banks is planning to sell its retail branch in New York to M&T, the Buffalo-based bank that has taken over AIB's Baltimore operation, Allfirst, according to bank sources, writes Conor O'Clery in New York. p

  • UK property market stable

    Fears of a collapse in the British property market are unwarranted, according to Dublin-based KBCAM asset management. p

  • Allfirst takeover deal completed

    M&T Bank will take over AIB's US subsidiary Allfirst today following the completion of a $3 billion (€2.75 billion) deal between the two financial institutions, writes Siobhán Creaton , Finance Correspondent. p

  • WTO concerned with missing reform deadline

    World Trade Organisation (WTO) members yesterday expressed concern at the failure of farm trade negotiators to meet yesterday's deadline for setting guidelines for cuts in agricultural tariffs and subsidies. p

  • Consumers likely to cut spending

    The United States and Europe are likely to see a slowdown in consumer spending in the months ahead, the Organisation for Economic Co-operation and Development (OECD) said in its twice-yearly Financial Market Trends report, published yesterday. p

  • Clonmel,Clones to lose jobs

    About 170 workers are to be laid off at manufacturing plants in Clonmel, Co Tipperary and Clones, Co Monaghan. p

  • Readymix shares drop 7% as it rejects offer

    Readymix stock shed nearly 7 per cent of its value yesterday after the company's board rebuffed an offer approach from privately owned Kilsaran Concrete. p
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