Olhausen receivers hopeful of buyersTHE RECEIVERS appointed to failed meat producer Olhausen are hopeful of attracting buyers for parts of the business, which has been in existence since 1896.
EMI takes a hitBEST-SELLING hits last year by Katy Perry and David Guetta were not enough to offset the decline in sales and profits brought about by piracy and illegal downloading at the Irish unit of music giant, EMI.
Financial Services »
- Doubt cast over Quinn Insurance's profitability
QUINN INSURANCE group may never have made a profit, an Oireachtas committee has been told.
- Custom House Capital clients win liquidator fees challenge
A SMALL group of clients of Dublin firm Custom House Capital have won a court victory against the company’s liquidator, stopping him from deducting thousands of euro in fees from their accounts.
Construction & Property »
- Quinn says case for jailing him not proven
THE FORMER Anglo Irish Bank has failed to tell the Supreme Court exactly what Seán Quinn jnr is being held in prison for and has conceded there was “no direct evidence” to support a finding of contempt against him, his lawyer argued yesterday.
- Builders McCann Brothers cease trading
BUILDING CONTRACTOR McCann Brothers has ceased trading, leaving €620,000 in unpaid bills and 160 jobs hanging in the balance on one State-funded project.
Energy & Resources »
- Slowdown hits Kenmare Resources
Kenmare Resources said the global slowdown had begun to impact on its business, although production output and revenues grew during the quarter.
- Petroceltic returns to stock markets
Petroceltic returns to the London and Dublin markets today following the completion of its merger with Melrose Resources.
Health/Pharma »
Weakening tumours to allow the immune system to battle cancerSTART-UP NATION/TriMod Therapeutics: TriMod Therapeutics aims to develop a new form of treatment that will specifically target tumours without the need for debilitating chemotherapy, writes PAMELA NEWENHAM
- Austerity advertising drives home the message
MEDIA & MARKETING: WHEN OTHER people tell me something is deeply moving, I tend to press play or open the page hardened to the possibility of being so moved. So when I saw a link to a video making an urgent appeal for donations to the Jack and Jill Children’s Foundation circulated with the caution that it was heartbreaking, I opened it out of professional curiosity more than anything else.
Media & Marketing »
- €1m funding for Haughey drama
FILM: Element Pictures, the producer of films including What Richard Did and The Guard, has been awarded €1 million from the Broadcasting Authority of Ireland’s Sound and Vision fund to make Citizen Charlie, a drama for RTÉ about former taoiseach Charles Haughey.
- Austerity advertising drives home the message
MEDIA & MARKETING: WHEN OTHER people tell me something is deeply moving, I tend to press play or open the page hardened to the possibility of being so moved. So when I saw a link to a video making an urgent appeal for donations to the Jack and Jill Children’s Foundation circulated with the caution that it was heartbreaking, I opened it out of professional curiosity more than anything else.
Manufacturing »
- BAE-EADS merger collapses
ATTEMPTS TO create a European giant to rival Boeing of the US collapsed yesterday, amid investor anger at the handling of a multibillion-euro deal that would have transformed the world’s defence and aerospace industry.
- ThyssenKrupp to sell its steel mills
THYSSENKRUPP has closed the first round of bidding in the sale of its steel mills in Brazil and the US, with at least five parties still interested in acquiring one or both of the assets, a German newspaper reported yesterday.
Retail & Services »
- Paddy Power to create 610 jobs in Dublin expansion
Bookmaker Paddy Power is to create 610 jobs in Dublin to support the company's international online expansion.
- Bang & Olufsen reports flat quarterly revenue
DANISH ELECTRONICS maker Bang & Olufsen reported flat quarterly revenue after strong sales of lower-priced products were outweighed by a steep decline at its top-end audio-visual unit.
Transport & Tourism »
- BAE-EADS merger collapses
ATTEMPTS TO create a European giant to rival Boeing of the US collapsed yesterday, amid investor anger at the handling of a multibillion-euro deal that would have transformed the world’s defence and aerospace industry.
- Toyota recalls 36,000 cars in Ireland
Toyota is recalling over 36,000 cars in Ireland as part of a major global recall of over 7.4 million vehicles.
Other Sectors »
- DCU student to work and study in Silicon Valley
SCHOLARSHIP: Irish students will get the chance to work and study in Silicon Valley under a scholarship developed by the Dublin-San José sister city programme.
Getting inside the heads of US votersBehind the scenes of the US presidential election, a revolution is occurring which is likely to change the nature of electioneering forever – welcome to the era of data-driven politics, writes DAVIN O'DWYER
Agribusiness & Food »
- Profits down at Coca Cola Ireland
FOOD AND DRINK: Coca Cola’s Irish business lost some of its fizz last year as pre-tax profits decreased by 17 per cent to €18 million. The decline in pre-tax profits follows revenues at Coca-Cola HBC Ireland Ltd declining by 10 per cent from €205.9 million to €186 million in 2011.
- Receivers appointed to Olhausen
Meat producer Olhausen is to close its three plants with the loss of 160 jobs, workers at the company were told today.
