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  • Sterling at 26-year high against dollar

    Sterling surged to its highest level in more than a quarter of a century, rising above $2.01 yesterday as strong British pay numbers bolstered expectations that UK interest rates were set to rise further. p

  • Shadows on economic horizon

    Tom O'Connell, assistant director general, (left) and John Flynn, deputy head of European monetary affairs and international relations, at the presentation of the Central Bank Quarterly Bulletin. The Central Bank's economic views inevitably have consequences in the political arena, writes Marc Coleman , Economics Editor p

  • Airtricity plans €800m investment

    Irish energy group Airtricity plans to invest €800 million in building wind farms in Portugal that will produce enough electricity to power up to 360,000 homes. p
Other Stories

  • Weak car sales hit February retail figures

    Sales on the high street dipped in February due to weak car sales, the latest retail sales figures have revealed. However, a leading analyst described the development as temporary and has predicted strong retail sales growth for the full year. p

  • Brewers fined €273.8m by the EU for price fixing

    Three Dutch brewers have been fined €273.8 million by the EU for price fixing. p

  • Airline tests Kerry firm's software

    The Australian airline Qantas began trials of an on-board GSM mobile phone service yesterday using technology developed by the software group Altobridge, which is based in Tralee, Co Kerry. p

  • Providence's revenues rise to €1.99m

    An increase in revenues from its 20 per cent stake in the Singleton onshore oilfield in the UK enabled Providence Resources to increase its revenues to €1.99 million last year from €1.37 million in 2005. p

  • Overseas property investment 'scandal in the making'

    Unregulated overseas property investments remain an "obsession" among consumers and are "a scandal in the making", a body representing investment fund managers warned yesterday. p

  • Trichet warns over global credit derivatives markets

    Jean-Claude Trichet, president of the European Central Bank, yesterday called for concerted action to improve transparency in global credit derivatives markets, where he said "opacity" made it difficult to assess risks to the financial system. p

  • Rising cost of business a 'threat'

    The rising cost of doing business in Ireland is becoming a threat to the economy, a leading banker has warned. p

  • Small Claims Court wins big with e-award

    The Small Claims Court's online system was recognised as one of the top public-sector technology projects at an awards ceremony in Dublin last night. p

  • Halifax to pay 10% on current account

    Halifax, Bank of Scotland Ireland's retail banking division, has introduced a current account product which will pay interest of 10 per cent on balances up to €2,000. p

  • TV3's new celeb show may be a case of bad timing

    Media & Marketing: This week TV3 launched its new nightly entertainment show, Xposé. Presented by the station's entertainment correspondent, Lorraine Keane, the show airs week days from 6pm to 6.30pm. The objective is to increase the number of people watching the station in this slot from around 75,000 to 90,000. p

  • In Short

    A roundup of today's other news stories in brief  p

  • Trade reflects weak world markets

    Trade in Dublin reflected generally weak world markets yesterday and dealers reported that most of the leading stocks dipped as a result. The Iseq Index of Irish shares shed 66.72 points to close at 9,632.81. p
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