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  • Essner seeks a healthy future in Dublin

    Wyeth chief executive Robert Essner at the official opening of the Wyeth BioPharma Campus at Grange Castle, Clondalkin, Dublin The Taoiseach, Bertie Ahern, yesterday officially opened a new €1.6 billion production campus for US pharmaceutical giant Wyeth at Grange Castle, Clondalkin, Dublin. The opening of the Wyeth BioPharma Campus was also attended by Wyeth chief executive Robert Essner. The plant will employ 1,000 people, bringing Wyeth’s workforce in Ireland to 3,000. Mr Ahern said the campus would showcase Ireland as leader in the international biopharma industry. p
Other Stories

  • European sales drive Fyffes results

    Fresh produce group Fyffes has reported strong first-half results. Profits before tax rose 17.6 per cent to €69.3 million in the six months to the end of June. Sales during the period rose by a similar margin to €1.11 billion. ... p

  • Dunne and Doyles in contact as Jurys war intensifies

    The major shareholders in Jurys Doyle - the Doyle family and Sean Dunne - have had at least three meetings over the course of the week as the battle for control at the company intensifies. p

  • Energy main driver of inflation

    The rising costs of energy and public services account for almost the entire current rate of inflation, according to data released yesterday by the Central Statistics Office (CSO). p

  • NIB plans to capture 10% of market

    National Irish Bank (NIB) aims to increase its market share to up to 10 per cent over the next five or six years, its new chief executive indicated yesterday. p

  • Pension funds slip again as markets disappoint

    Pension funds slipped again last month after a disappointing performance by several key stock markets. p

  • Absence of strife helps ICG profits

    Irish Continental Group, the shipping company, has reported a pretax profit of €1.7 million for the first six months of the year. p

  • Glanbia to close Kilmeaden plant

    Agribusiness and food ingredients group Glanbia intends to close a cheese manufacturing facility with the loss of 45 mainly seasonal jobs. p

  • Cost cuts boost profits at Horizon

    First-half turnover at computer and software vendor Horizon dipped slightly this year, but reduced costs helped boost profits by 20 per cent. p

  • In Short

    A round-up of today's other stories in brief p

  • Eircom attracts most attention with roadshow

    Market report: Trade was patchy on the Iseq yesterday, with much of the volume concentrated in a small number of stocks. p
Interview of the WeekBack to TopBusiness OpinionBack to Top

  • Strong communities can balance materialism

    Economics: Harvard professor Robert Puttnam was invited to join the group hug held by Fianna Fáil in County Cavan this week. Puttnam's distinction is to have written a book, Bowling Alone, said to be particularly admired by Bertie Ahern. p

  • Time for local shop to turn corner

    Ground Floor: I was surprised to discover that the Restrictive Practices (Groceries) Order was enacted in 1987. For some reason, I thought it had been around a lot longer. But then, if it had, I guess that my dad wouldn't have been able to call our corner shop a Cut-Price Grocer's back in the 1960s and 1970s. p

  • Consultants are an invaluable resource

    Comment: The management consulting industry experienced remarkable growth up to the year 2000, with steady increases of 15-20 per cent per year. Profit margins also swelled, due to more complex projects and diversification into new service areas, such as outsourcing. Yet with the arrival of the new millennium came a significant downturn, fuelled by events such as the dotcom bust, the 9/11 attacks and resultant economic recession, and the Enron scandal. p
NewsfeaturesBack to Top

  • Night launch is best advert for PSP gadget

    If I said to you the word "launch", the first thing that would probably pop into your head is the launch of a rocket or a boat, or maybe even a kite. If you think a bit harder, you may come up with the idea of a product launch, but it really depends on what you are into. p

  • Irish banks offer good value, despite bad image

    Banks are never amongst the most popular of institutions in any country, but in the Republic they've outdone themselves when it comes to scraping the barrel of public opinion. p

  • Germany, Russia sign gas deal

    Chancellor Gerhard Schröder and president Vladimir Putin have signed an agreement in Berlin to build a 1,200km undersea pipeline to carry natural gas from Russia to Germany. p

  • Indian tech firm to create 600 jobs in North

    An Indian technology giant will create 600 call centre jobs in Northern Ireland, British prime minister Tony Blair announced yesterday. p

  • India summit points up limits of EU cohesion

    When Tony Blair embarked on Britain's stewardship of the European Union, he made clear that the rise of Asia's superpowers was a key priority. p
TechnologyBack to Top

  • Rose proves girls bloom as scientists

    Net Results: Finding a way to inspire girls to go into science, engineering and computing isn't rocket science - but it may be theoretical physics. p

  • Gadget never leaves home alone

    Technofile: Many of us control our personal lives and work through technology, so it's only natural that products are starting to control our homes. p

  • New campaign defends human rights in a digital world

    Wired on Friday: Be very careful what you say in a room full of people who know how to use the web. A couple of months ago I was sitting in the usual slightly dull, slightly worthy discussion panel that is generally obligatory at technological conferences. My fellow panellists and I were brought in to talk about whether the UK should have some sort of "digital rights" organisation. We blathered on, as is a panellist's God-given right. p

  • Web searchers plotting to soup up their engines

    If you think the split-second ability of today's internet search engines to fetch millions of web pages related to your topic is little short of miraculous, you ain't seen nothing yet, according to information retrieval specialists.  p
Personal FinanceBack to Top

  • Financial groups urged to cut the jargon

    Financial products can be complex, so the vast tract of tiny text with the title "terms and conditions" should give consumers instant answers to all their questions. p

  • Results show corporate Ireland is in good health

    The beginning of September is a very busy time for the reporting of first-half results by companies in Ireland and Britain. Over the past two weeks, investors and investment analysts have had to absorb results from a long list of companies including CRH, Kerry, FBD, Paddy Power, Kingspan and Jurys Doyle. p

  • Little interest leaves savers short of incentive

    The success of the Government's Special Savings Incentive Accounts (SSIAs) could be interpreted as proof that Irish people - or at least more than 1.1 million of them - love saving. p

  • Q&A

    My mother currently holds 1,300 shares in AIB which she wishes to gift to me. Can you advise how she can go about this and also if this will incur a capital gains tax liability? p

  • Oil price will be a key factor after Hurricane Katrina

    Serious Money: That the economic and financial consequences of Hurricane Katrina will be enormous is now widely accepted. There is little agreement, however, on what those consequences are likely to be. Indeed, there is a strong sense that much of what will happen next is largely unpredictable. Many commentators seem to believe that something big will happen but they are not quite sure what it will be. p
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