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  • Structural investment partnership key - NESC

    The key test for social partnership will be the delivery of key infrastructure and public services to underpin economic growth prospects, according to the National Economic and Social Council (NESC). Borrowing to fund this investment should be considered, NESC argues in a report published yesterday. p
Other Stories

  • Elan to make $89.5m from Xcel investment

    Elan has taken the latest step in its asset disposal programme with the announcement that it will receive $89.5 million (€82.1 million) in cash from its investment in Xcel Pharmaceuticals. p

  • SAP set to create 350 jobs in Galway

    One of Europe's largest software companies, SAP, is to provide 350 jobs over four years in a global technical support centre in Galway. p

  • M&T issues $400m debt for takeover

    M&T, the US bank that has taken over AIB's Allfirst subsidiary, has issued $400 million (€366.8 million) in subordinated debt to part finance the $886 million cash payment owed to the Irish bank. p

  • Low-cost carriers boost TBI trading

    The resilience of low-cost carriers has helped regional airport group TBI to trade in line with market expectations despite events in the Middle East. p

  • Airline files for protection

    Air Canada, the largest airline in Canada and the world's 11th biggest, filed for bankruptcy protection yesterday as it succumbed to a heavy debt load and a deep slump in air travel. p

  • Central banks don't set rates based on hard facts

    LONDON BRIEFING/Chris Johns: The signs of recession are everywhere. In London, at least, all of the old-fashioned indicators of a slowdown can be observed. Taxis are plentiful and their drivers willing to take you anywhere - even south of the river - and are extremely polite. p

  • House prices rise euro 15,000 in first quarter

    House prices in Dublin rose by €15,000 on average in the first three months of the year,according to a new survey. p

  • Cautious optimism returns to markets

    Global investors moved out of safe havens yesterday and returned to stocks and the dollar as the absence of major setbacks for US-led forces in Iraq elicited cautious optimism in financial markets. p

  • EU seeks 'realistic' trade talks

    EU Trade Commissioner Mr Pascal Lamy has played down a missed World Trade Organisation (WTO) deadline on agriculture talks and called for a "more realistic approach" in trade liberalisation. p

  • Manufacturing rate slows marginally

    Manufacturing output slowed marginally last month but the rate of contraction was not as steep as feared, new figures show. p

  • Euro-zone's jobless total rises in February

    The euro-zone's jobless total moved higher in February, rising from 8.6 per cent to 8.7 per cent, according to seasonally adjusted data released yesterday. p

  • Market Report

    The market moved ahead yesterday, led by strong performances from CRH and AIB. p
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