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  • Exporters move to create Opec-style gas cartel

    Russia's minister of industry and energy Victor Khristenko (second left) arrives for the opening of the gas-exporting countries forum in Doha yesterday. The move towards an OPEC-style cartel is likely to dismay both the EU and the US. Gas-exporting countries took the first steps towards creating an Opec-style group yesterday at a meeting in Doha. Delegates at the meeting played down the significance of the move, saying customers would see no immediate change but it is likely to dismay both the European Union and the United States. p
  • Finavera in Canadian wind energy project

    Finavera Renewables, an Irish wind energy company listed in Toronto, has paid C$3.4 million to acquire the Three Hills Wind Power project in Alberta, Canada. p
Other Stories
  • Savings tax loopholes come under increased EU scrutiny

    Brussels has launched a drive to close loopholes in a two-year-old European savings law that has been sidestepped by offshore tax avoiders. p
  • IL&P launches internet loan provider

    Irish Life & Permanent has launched a telephone and internet personal loans provider called Bluecubeloans. The new lender will offer unsecured personal loans from €5,000 up to €35,000. p
  • €21m fund to help entrepreneurs

    The Government has made €21 million available through Enterprise Ireland over the next three years to help budding entrepreneurs set up their own businesses. p
  • US food body to decide fate of new painkiller

    A crucial test begins this week for regulators in the United States and their efforts to calm concerns over drug safety as a panel begins hearing Merck's application for the painkiller Arcoxia. p
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