You are viewing the content for Tuesday 20 June 2006

BUSINESS

Software firm to create 100 technology jobs

A HI-TECH firm will create more than 100 jobs as part of a major expansion of its Cork office announced yesterday.

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CRH eyes €2bn deal for US company

CRH is in talks to buy the Ashland Paving and Construction (APAC) company in a deal that could cost up to €2 billion.

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Nestlé expands health business with purchase of Jenny Craig

SWITZERLAND'S Nestlé has bought US weight-loss company Jenny Craig for around €477 million, expanding its high-margin nutrition and health business.

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Report shows house price rise of 250% since 1996

A NEW report into the housing market will show dramatic house price increases across the country in the 10 years since 1996.

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Seafood exports slide 24% to €354m

MARKETS for Irish seafood were buoyant last year but exports were substantially down, according to Bord Iascaigh Mhara's (BIM) annual review.

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Brown vows to help North's economy grow

GORDON Brown is serious about helping Northern Ireland's economy become more competitive, business leaders said today after meeting the chancellor in Belfast.

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Dempsey raises green energy bar

HIGHER reliance on renewable energy like wind-power and robust competition to the ESB's dominant position in the Irish energy market will be the cornerstone of the Government's energy policies over the next decade, Minister for Communications, Marine and Natural Resource Noel Dempsey vowed yesterday.

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Gains reflects European fightback

The ISEQ Index closed up mirroring the gains in other European bourses. The Dublin Exchange was 99.41 points higher at 7417.14.

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Irish firm to sell HIV tests in US

TRINITY BIOTECH has entered into an agreement to make the Uni-Gold Recombigen HIV test available to all Planned Parenthood Federation of America affiliates.

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Merrion and Roche join forces for study

MERRION PHARMACUETICALS yesterday announced the start of an oral drug delivery feasibility study with Roche which will use Merrion's patented GIPET technology.

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AIB increases interest rates

FOLLOWING the European Central Bank's (ECB) interest rate increase of 0.25%, has AIB announced changes to its lending and deposit rates, to take effect from close of business today.

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Calyx to distribute for Plantronics

PLANTRONICS, the provider of communications headsets, has appointed Calyx Group as an authorised dealer of its products for the contact centre and office markets.

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AGRI BUSINESS

Farmers benefit from co-op's plc shares

KERRY Co-op has transferred 10% of its equity stake in Kerry Group Plc directly back to its farmer shareholders.

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Slight gains as cattle trade firms up

Marts: Cattle numbers for the factories are tightening, the downward pressure on prices has eased, and returns are showing slight gains as the trade continues to firm up.

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Paisley hails Irish farm lobby group

THE powerful Irish farm lobby has a surprise admirer — Democratic Unionist Party leader Ian Paisley.

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Progress on social partnership talks

PROGRESS is being reported in the negotiations on agriculture in the social partnership process.

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