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Martin wades into abortion debateAs the Dáil committee hearings continue on the abortion bill, Archbishop of Dublin Diarmuid Martin has waded into the debate saying it is important that Christian believers "be, and seen to be, on the side of life, especially when life is most vulnerable".
Payment cuts see families pay rent shortfallLimits on rent supplement payments set by the Government are forcing thousands of families to make undeclared top-up payments to landlords to secure places to live.
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Anger as North Korea launches another missileNorth Korea fired a short-range missile from its east coast, a day after launching three more of these missiles, a South Korean news agency said.
How Star Trek predicted the futureWHEN Star Trek creator Gene Roddenberry first dreamed up the concept of a television show based in the unexplored universe of Outer Space in 1964, the world was a very different place.
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Warnings over future of eurozoneThe eurozone is heading towards a break up unless there are moves towards much closer political and fiscal union, according to chief economist with State Street Global Advisers, Chris Probyn.
Bruton defends corporate tax rateIreland will be able to maintain its current corporation tax code in the face of international pressure to prevent multinational corporations avoid paying their fare share of tax, Minister for Jobs, Enterprise and Innovation, Richard Bruton said yesterday.
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Mayo’s statement of intentGalway 0-11 Mayo 4-16 Five minutes to go in Salthill yesterday and James Horan was still cajoling his men to sew it into Galway.
Wilkinson inspires Toulon to gloryASM Clermont Auvergne 15 Toulon 16 Not for the first time this season, a matchday performance and the result have made a mockery of the statistics.
- LIFESTYLE
What Lenny did nextLENNY Abrahamson has directed three feature films: Adam & Paul, Garage and What Richard Did.
Clothes maketh you madTrying on clothes, said Ewart, produced "sensations which bring deep peace and perfect contentment" to the female mind.
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Losses of €2.6m at Dublin-based eBay subsidiary SEIL
By Gordon Deegan
A Dublin-based subsidiary of online auction giant eBay recorded a loss of €2.6m last year in spite of revenues rising by 2% to €54.7m.
Accounts just filed with the Companies Office show that Shopping Epinions International Ltd recorded the loss of €2.6m in the 12 months to the end of Dec 2011 after recording a loss of €2.7m in 2010.Revenues last year increased from €53.4m to €54.7m.
According to the directors’ report, “2011 has seen the continuation of the focus on adding more merchants to the sites in the four countries in which the company operates”.
“As a result, there has been a strong year-on-year increase in merchant revenue. Sponsor revenue has declined year-on-year as a result of changes to Google’s algorithm during the year.
“Advertising revenue saw a large decrease in 2011 as SEIL shifted focus to the distributed commerce model of publishing merchant ads on other publishers’ sites.”
The firm’s principal activity is that of a consumer review platform and a source for consumer insight, unbiased advice, in- depth product evaluations and personalised recommendations
The directors’ report said in Jan 2012, management decided that the business, including assets and liabilities, would be transferred to Shopping.com, a related party. The report states: “As a result, these financial statements have been prepared on a break-up basis rather than a going concern basis.”
In a significant event since year end, the report confirmed that on Feb 17, 2012, the company issued one share of stock to eBay in exchange for $54m (€42.8m) in cash.
The firm recorded a loss last year in spite of an increase in revenues after administrative expenses increased by 25% from €8.8m to €11m. Accumulated losses stood at €49.9m at the end of Dec 2011. The firm had a net deficit of €24.9m. Cash increased from €6.5m to €19m.