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  • AIB informs clients of Faldor payment

    AIB has written to 152 individual clients who are to share €330,000 in compensation and interest after losing out as a result of Faldor, the bank's offshore investment vehicle that is the subject of three investigations. p
Other Stories

  • OPEC plan aims to curb prices

    OPEC ministers look ready to agree today on the oil cartel's largest increase in production quotas in 15 years. Some members are even backing the suspension of the whole quota system. p

  • NTL to put €100m into broadband

    Cable firm NTL will announce a €100 million plan today to supply broadband to homes in Dublin, Waterford and Galway. The move could affect Eircom and ultimately lead to cheaper prices for services such as TV and internet for consumers. p

  • Waterford Wedgwood sells US firm for €205m

    Waterford Wedgwood has sold its US cookware business, All-Clad, for $250 million (€205 million) but has also warned that profits for last year will fall 15 per cent short of expectations. p

  • Mushroom merger will create biggest player

    Carbury Mushrooms will merge with Monaghan Mushrooms in a move that will create the largest player in the European mushroom industry. p

  • EU calls for increase in oil output

    Finance ministers from the European Union called yesterday for the oil-producing countries to increase their production to counter the recent rise in oil prices writes Tim King in Brussels. p

  • Spar sales rise 13% to €865m

    Ireland's largest convenience store group, Spar, saw sales rise 13 per cent in 2003, according to figures released yesterday. p

  • Tax certs may be required for State boards

    The Government is considering new regulations to require all prospective members of State boards to provide tax clearance certificates before they can be appointed. p

  • €50m Stena Line deal secures future of Dun Laoghaire port

    The threat to Dún Laoghaire's future as a ferryport has been lifted with the signing of a €50 million deal between Stena Line and Dún Laoghaire Harbour Company. p

  • Mothers want curb on fast-food ads

    Three out of four Irish mothers favour limitations on the advertising of fast food and snacks to children, according to a new survey by Amárach Consulting. p
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