ThePost.ie

Anglo Irish to fall foul of Brussels veto.

2010-08-29T00:00:00+01:00

By Cliff Taylor and Niamh Connolly

The EU Commission will veto the reinvention of Anglo Irish Bank as a significant financial entity, and looks set to order either its wind-down over a period of years or, at most, the continuation of a small-scale operation to retain savings and manage a small loan book.

Aviva to lose rights for Europa League final

2010-08-29T00:00:00+01:00

By Ian Kehoe

The Aviva Stadium is to be rebranded for the hosting of the Europa League final next year - despite the insurance company spending €40 million to secure naming rights for the stadium.

Revenue targets doctors, pilots and university staff

2010-08-29T00:00:00+01:00

By Ian Kehoe

University staff, airline pilots and doctors are being targeted in an investigation by the Revenue into the employment status of workers.

Last chance to pay as you go

2010-08-29T00:00:00+01:00

By Michelle Devane

The recession hasn't been all bad for some businesses, with undertakers seeing a surge in demand for pre-paid funerals.

Nama facing €60 million McInerney Homes write-off

2010-08-29T00:00:00+01:00

By Ian Kehoe

The National Asset Management Agency (Nama) could be forced to write off up to €60 million in loans connected with McInerney Homes, under proposals being developed to rescue the insolvent house builder.

Ugandan government repossesses Tullow oil field

2010-08-29T00:00:00+01:00

By Post Reporter

There was further bad news for Tullow Oil in Uganda this weekend, with a government minister saying that it had repossessed an oil field that the company had jointly controlled with Canada's Heritage, because the firms failed to renew the licence.

Government launching database crackdown on civil servant 'sickies'

2010-08-29T00:00:00+01:00

By John Burke and Ian Kehoe

The government is launching a major crackdown on bogus absenteeism in the civil service.

Green Dragon on track for roaring success

2010-08-29T00:00:00+01:00

Almost a quarter of the €12 million required for Green Dragon, the Irish/ Chinese entry for the Volvo Ocean Race 2012, has already been pledged by several global businesses, writes Nicola Cooke.

Callely has option of €240k golden handshake

2010-08-29T00:00:00+01:00

By Niamh Connolly

Senator Ivor Callely would receive a golden handshake of over €240,000 for the first two years of his retirement if he took his colleagues' advice and resigned the Seanad.

Green Party set to call for Anglo Irish wind-down

2010-08-29T00:00:00+01:00

By Niamh Connolly Political Correspondent

The Green Party has made a significant change in its support for the government strategy on Anglo Irish Bank, with senior party figures now believing that a wind-down of the bank may be the less costly option for taxpayers.

Over 12,000 jobs to go in public service cuts

2010-08-29T00:00:00+01:00

By Niamh Connolly Political Correspondent

The government's plan to transform the public services will see a total reduction of 12,430 jobs in under four years, according to employment controls imposed by the Department of Finance.

Syndicate investment could keep Aer Arann flying

2010-08-29T00:00:00+01:00

By Ian Kehoe

A rescue bid for regional airline Aer Arann is being lined up by a syndicate of Irish high net worth individuals.

FF plans talks to entice back 'rebel' TDs

2010-08-29T00:00:00+01:00

By Niamh Connolly Political Correspondent

Formal discussions to bring two rebel Fianna FÁil TDs back into the party are to take place over the next few weeks.

ComReg calls foul on O2's move to online billing

2010-08-29T00:00:00+01:00

By Samantha McCaughren Business Correspondent

O2, Ireland's second-largest mobile phone operator, has been warned by the telecoms watchdog, ComReg, that it cannot move customers to online billing without their explicit agreement.

Prison service cannot afford to escort prisoners

2010-08-29T00:00:00+01:00

By John Burke Public Affairs Correspondent

Gardaí are facing the loss of thousands of man hours from non-core duties after the Irish Prison Service (IPS) said it could not afford to assume responsibility for escorting remand prisoners to and from the courts.

Surgeons had cut use of DePuy problem hip

2010-08-29T00:00:00+01:00

By Susan Mitchell

Many of the country's orthopaedic surgeons had already reduced or stopped using the artificial hip that was recalled last week by its manufacturer, DePuy Orthopaedics, a unit of Johnson & Johnson. DePuy's implants are what are commonly called metal onmetal devices.

Gearing up for Electric Picnic

2010-08-29T00:00:00+01:00

By Nicola Cooke

Electric Picnic organisers are hoping good weather will boost ticket sales for the event which takes place next weekend.

New park-and-ride is guinea pig

2010-08-29T00:00:00+01:00

By Nicola Cooke

Large park-and-ride facilities will be built adjacent to other motorways if the new site at Dunboyne, Co Meath, which opens on Thursday, is a success.

Online marketing firm offers alternative to leaflet drops

2010-08-29T00:00:00+01:00

By Emma Kennedy

A website that aims to cut business costs by replacing direct mail with online marketing has already signed up more than 500 companies, and is adding between 25 and 50 new clients a week.

Poolbeg incinerator firm violates dioxin limit

2010-08-29T00:00:00+01:00

By John Burke Public Affairs Correspondent

Operations at an incinerator run by the company behind the planned Poolbeg waste burning plant in Dublin have been suspended for the second time in three years for releasing high levels of cancer causing dioxins.

Galway hospital jobs may be saved

2010-08-29T00:00:00+01:00

By Susan Mitchell and Niamh Connolly

Unions and management at Galway University Hospitals are close to agreeing measures that will tackle the financial overrun in the hospitals without the loss of jobs.

Drug addicts are 'harassing' Dublin tourists

2010-08-29T00:00:00+01:00

By Martha Kearns

A leading hotel and hostel owner has criticised the state tourism bodies for their lack of imagination in attracting visitors to the country.

Loss of €32m for Stafford Group

2010-08-29T00:00:00+01:00

By Ian Kehoe

The Stafford Group, the family-owned fuel, shipping and retail business, has reported a loss of more than €32 million.

Second ESB price rise ruled out

2010-08-29T00:00:00+01:00

Electricity customers will be spared a second price hike this autumn when new tariffs are announced by ESB, writes Niamh Connolly.

New food laws a big cost for small producers

2010-08-29T00:00:00+01:00

By Susan Mitchell

EU legislation on nutrition and health claims is proving costly for Irish food businesses, according to an Irish law firm specialising in food law.

Camelot flying flag for Ireland on US television

2010-08-29T00:00:00+01:00

By Philip Molloy

An actor visiting the set of the period television series Camelot at Ardmore Studios in Co Wicklow last week looked out onto the studio lot and mumbled to producer Morgan O'Sullivan: ''It's as if the Celtic tiger never went away."

Clare property fund alleged to be a pyramid scheme

2010-08-29T00:00:00+01:00

By Ian Kehoe

It enticed investors by offering a guaranteed return of 15 per cent a year, but High Court pleadings allege that the business plan of Clare property investment firm MPS Global was merely a pyramid scheme.

Aer Arann to leave e32m losses if examinership fails

2010-08-29T00:00:00+01:00

The volcanic ash cloud in April stymied the company's plan for returning to profit, writes Ian Kehoe

Mexico bordering on anarchy

2010-08-29T00:00:00+01:00

By Niall Stanage in New York

The discovery of 72 bodies in Mexico last week is just the tip of the iceberg, in a country where nearly 30,000 people have been killed in drug-related violence in four years

Prospects for Middle East peace talks are played down

2010-08-29T00:00:00+01:00

By Stephen Starr in Damascus

Hopes for a successful outcome to peace talks between Israeli and Palestinian leaders in the US this week are being downplayed, with representatives from both sides lowering expectations of a positive outcome.