You are viewing the content for Wednesday 22 February 2006

BUSINESS

More bullocks making O grade

By Martin RyanMarts: Fewer bullocks graded R at the factories for the final quarter of 2005 compared with the same period in 2004, with a corresponding increase in the percentage of bullocks relegated to the lower priced O grade.

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Farmers on a winner with beet compensation

By Brian O'MahonyIT was obvious at the IFA protest before the Greencore annual general meeting (AGM) that money and not the growing of another crop of beet was the main item on the agenda.

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Isle of Man to slash corporation tax to zero in bid to attract investment

THE Isle of Man announced yesterday it would cut corporation tax to zero for most companies, as of April 5, in order to stimulate inward investment.

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Stocks maintain advance

THE ISEQ index continued its upward momentum again yesterday as Eircom and Kerry drove the market. The exchange closed 6.05 points up at 7792.98.

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Commission upbeat on EU growth

By Ann Cahill, Europe CorrespondentTHE European Commission was upbeat in its forecast of economic growth in the EU next year yesterday, echoing the mood of the European Central Bank president Jean-Claude Trichet earlier this week.

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Business joins campaign to enlarge city

By Jimmy Woulfe, Mid-West CorrespondentLIMERICK business leaders have joined in the battle to have the city boundary extended.

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Eircom confirms takeover talks with Australians

By Ian GuiderEIRCOM has confirmed that it is in takeover talks with Australian investment bank Babcock & Brown.

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Beamish sales grow 8.6% last year despite decline in Irish beer market

By Ian GuiderCORK brewer Beamish & Crawford said sales of its products grew by almost 9% last year.

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BCI plans to award radio licence

By Ian GuiderTHE Broadcasting Commission of Ireland (BCI) plans to award a licence to run a commercial radio station in the south-west.

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Another potential suitor for former State-owned giant

By Ian GuiderIF BABCOCK & BROWN succeeds with its takeover bid for Eircom, it will be the fourth time in less than seven years the telecom giant has changed hands.

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EU tax ruling to hit Irish firms

By Ann Cahill, Europe CorrespondentORGANISATIONS that set up companies or take other measures to recoup VAT are acting illegally, the European Court of Justice has found.

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Ireland applying EU laws

By Ann Cahill, Europe CorrespondentIRELAND'S record of adopting EU law has improved and is close to reaching the target promised by Taoiseach Bertie Ahern.

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