Breaking News

17:30

TEEU members vote to end strike at Otis Lifts
15:15

Solid Q2 growth for Swedish economy
15:07

Spanish jobless rate continued to rise in Q2
15:01

YouTube increases upload limit for users
14:54

Forfas suggests review of state-owned enterprises
14:31

Interpublic revenues up 9.7pc year-on-year
14:04

US economic growth slows to 2.4pc in Q2
13:31

Aer Lingus seeks to reassure customers
12:57

Facebook IPO not happening until 2012
12:56

Oireachtas committees are ‘just talking shops’ - Labour
12:33

Trips by overseas visitors to Ireland fall 23.6pc
12:19

EU rejects Anheuser-Busch’s Budweiser trademark appeal
11:59

Front-runner emerges in Warren Buffett succession race
11:34

Mobile phone demand up 14.5pc, big brands feel pressure
11:21

Ireland will lag recovery elsewhere - Central Bank
10:51

Disney sells Miramax to private investors for US$660m
10:24

Samsung posts record Q2 operating profit
10:01

Eurozone jobless rate holds steady, inflation rises
09:37

German retail sales fall 0.9pc in June
09:23

BT wins €3.5m contract to manage NCT network
09:07

EDF to sell UK businesses to HK billionaire for €6.9bn
08:45

Ballmer confirms Microsoft working on iPad competitor
08:34

Bord Gais seeks permission to freeze gas prices
08:27

UK govt planning to scrap default retirement age
08:13

Boundary Capital seeks to cancel trading on ISE, AIM
08:00

Global broadband subscriptions to hit 1bn by 2015
07:59

Kellogg’s to create 50 Dublin jobs
07:51

FSA to implement tough EU rules on bankers’ pay
07:42

BA posts £164m pre-tax loss on strikes, ash cloud
07:29

Irish online display ads outperform UK counterparts
07:14

Taiwanese lighting firm to create 100 new Sligo jobs
06:57

Aer Lingus cabin crew balloted for industrial action
06:42

Irish analogue TV to shut down in 2012
06:31

Citigroup agrees to US$75m fine over subprime
06:17

Motorola’s fortunes back on track
29 July
15:36

Amazon introduces new Kindle: faster, lighter, cheaper
15:25

Greencore CFO departs for another public-quoted firm
15:10

NIRSA calls for inquiry into planning during boom
14:44

Exxon Mobil profits soar 91pc during Q2
14:35

Robberies rise by over a third in Q2 - CSO
14:09

German optimism drives Eurozone economic sentiment up
13:04

Schwarzenegger declares California fiscal emergency
12:49

Irish house prices continue to fall in Q2
12:39

O2 customers spending less, texting more
12:27

Climate-change is happening, say scientists
12:16

Publicis revenues up 7.1pc in Q2
12:08

French angels invest in Irish tech start-up
11:53

Enterprise Ireland launches €7m commercialisation fund
11:43

Russia announces plans to sell US$29bn of state assets
11:24

Conroy strikes gold in Co Armagh

Video
Audio

Monday July 26 - former IMF economist Mark Dow says long way to go, but European banks headed in right direction. Source: Bloomberg

Former Hill & Knowlton CEO and communications guru Robert Dilenschneider on the power of content, and on the nature of power.

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Leadership

NAMA open to US-style demolitions

16.03.2010
The National Asset Management Agency (NAMA) is open to US-style demolition of unfinished properties which it believes have no value.

The demolition of some sites to return them to strict agriculture use is being considered by the new agency, according to the Irish Independent.

Meanwhile, a number of the financial institutions transferring loans to NAMA are expected to receive notification today of the discounts set to be applied to those loans.

The institutions being notified today are Bank of Ireland, Irish Nationwide Building Society and EBS.

Last week, the Irish Times reported that lenders are likely to be “shocked” at the size of the discount demanded by NAMA on the loans they are transferring.

^{Photo - Wolfgang Staudt}

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