Chief executive Aidan Heavey has said Tullow Oil needs to be able to cope with oil prices of $50 a barrell “long-term”. Photograph: Cyril Byrne

Tullow Oil says it is making “about a third” of the more than 140 staff at its Dublin offices redundant, as the company slashes its cost base to deal(...)

ECB chief Mario Draghi said quantitative easing will continue until there’s sustained improvement in inflation. Photograph: Thierry Charlier/AFP/Getty Images

The Iseq in Dublin advanced by 1 per cent yesterday while UK stocks climbed to a 2008 high. The FTSE 100 in London added 0.3 per cent, as did the bro(...)

Ingredients and convenience food group Kerry climbed 1.67 per cent to close at €67.50

European stocks declined yesterday, breaking a five-day advance, as banks slid. DUBLIN Permanent TSB’s announcement that it is planning to seek a pri(...)

Glenn Murray celebrates after scoring the first goal for Crystal Palace as Manchester City’s Joe Hart appeals for offside recently. Photograph: Reuters / Suzanne Plunkett

We are approaching, as Alex Ferguson once charmingly described it, the nerve wracking “squeaky bum time” of the English football season. Half the Iris(...)

The site has dual zoning under the Dún Laoghaire/Rathdown County Development Plan 2010-2016 with permitted uses including medical, education, public services, residential institution, industrial/ warehousing, motor sales, petrol station, retail warehousing and small retail with office, hotel and residential uses open for consideration.

A prime development site just off the M50 which is producing rental income in the short term is fresh to the market this week through Lambert Smith Ha(...)

Bank of Ireland gained 1.35 per cent to close the day at 37.5 cents. Its chief executive, Richie Boucher, said the bank would in future look to grow in the UK through bolt-on acquisitions, though he indicated there were no immediate plans. Photograph: Aidan Crawley

European stocks rose yesterday, trimming their worst weekly loss of the year, as the Stoxx Europe 600 Index added 0.3 per cent. The market in Dubli(...)

Britain’s top share index notched up a new peak on Friday, with Irish cement firm CRH leading the market higher on expectations of European assets pur(...)

The Kingfisher well, Block 3A, jointly owned by Tullow Oil Plc and Heritage Oil Plc, sits at the Lake Albert Rift Basin, in Uganda. Photograph: Bloomberg

Tullow Oil has raised an additional $450 million of capital from existing lenders, boosting its financial strength despite weak oil prices.The compan(...)

In Dublin Ryanair rose by more than 1.3 per cent as investors greeted the news that its board has ratified a push into the transatlantic market in coming years

Germany’s Dax raced to record highs on Monday, part of an extended rally of the European stock market driven by investors’ expectations that a weaken(...)

A Tullow well in  the Lake Albert Rift Basin, in Uganda. The company is in the midst of a $500 million cost-cutting drive after the price of oil halved since last summer

Tullow Oil has started a redundancy consultation process with the 140 staff employed in its Dublin offices, which is likely to result in more than a (...)