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  • DUBLIN— Officials say the parent company of British Airways has made a third, improved takeover approach to Irish airline Aer Lingus and an announcement of the offer is expected Monday. Over the past month Aer Lingus has rejected two lower-priced proposals from IAG, created in 2009 by the merger of British Airways and the Spanish airline Iberia.

  • FRANKFURT/ LONDON, Jan 22- Irish cement maker CRH and a consortium led by Blackstone are battling for assets which Lafarge and Holcim must sell ahead of their planned merger, several people familiar with the matter said. France's Lafarge and Swiss peer Holcim announced merger plans last year, hoping to cut costs and tackle overcapacity and weak demand.

  • Covidien beats 1Q profit forecasts Thursday, 22 Jan 2015 | 8:15 AM ET

    DUBLIN _ Covidien PLC on Thursday reported fiscal first-quarter earnings of $511 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of $1.04 per share. Covidien shares have increased slightly since the beginning of the year, while the Standard& Poor's 500 index has decreased slightly more than 1 percent.

  • In an interview with Reuters, John Wojick, Boeing's vice president for global sales& marketing, echoed a consensus among participants at a Dublin finance gathering that the slide in oil prices would not significantly undermine new jet demand. Delegates at this week's Airline Economics conference said the drop in oil could reduce the premium Boeing and rival...

  • DUBLIN, Jan 21- Demand for the latest generation of fuel-efficient narrowbody jetliners remains "very strong" despite the recent oil price slump, the planemaker's top sales official said on Wednesday. Pricing for aircraft like the narrowbody 737 MAX, a revamped version of Boeing's best-selling model with new fuel-saving engines, remains "solid", Wojick said.

  • DUBLIN, Jan 20- Airlines enjoying a $100 billion windfall from lower oil prices this year are being urged not to let up on cost controls which helped them survive the recent oil price boom. Gerry Laderman, treasurer at United Continental Holdings, said that if oil prices stayed low, airlines could find themselves generating more cash than they expected.

  • Ted Christie, chief financial officer at low-cost carrier Spirit Airlines, said airlines had "very expensive systems and people thinking about how to maximise revenue, and they should do that regardless of the oil price." Politicians and consumer groups in the United States and Europe have called on airlines to cut fares. And on Jan. 7, as North Sea oil prices hit a...

  • Oil price fall gives lease of life to old planes Monday, 19 Jan 2015 | 4:03 PM ET

    "We are seeing a big pick-up in demand for aircraft we thought we would scrap," Aengus Kelly, chief executive of AerCap, told the Airline Economics conference in Dublin. AerCap, the world's largest independent leasing company, has recently leased out older passenger aircraft and freighters such as Airbus A340s, Boeing 747 s and 757 s, rather than sending them to be...

  • FRANKFURT, Jan 19- Germany's Bundesbank is mounting a last-ditch drive to limit money-printing by the ECB, hoping either to soften the blueprint or delay decisions on key parts beyond this week, people familiar with the debate say. With markets primed for a European Central Bank announcement on Thursday, Germany's central bank is worried that a program to buy...

  • "If you want to see how the international aviation landscape is going to evolve, just look to the United States, where consolidation has left just four major legacy carriers to compete with the low-cost airlines that serve the rest of the market," said Franke, managing partner of Phoenix- based private equity firm Indigo Partners. The former chairman of America...

  • High winds, heavy snow buffets Britain; travel hazardous Thursday, 15 Jan 2015 | 12:39 PM ET

    LONDON— Britain and Ireland have been battered by 100 mph winds and heavy snow, stranding some motorists after a major road was closed. The Environment Agency said Thursday that 149 flood alerts and 32 flood warnings had been issued in England and Wales, with more reported in Scotland. Some of the most severe problems took place in Scotland where drivers on were...

  • LUXEMBOURG— The European Union's top court ruled Thursday that Ryanair has the right to block or impose conditions on price comparison websites that mine data from the budget carrier's online database without its permission. The court ruled in a long-running dispute in Dutch courts between Ryanair and Dutch company PR Aviation over a practice known as...

  • LONDON, Jan 11- Shire Plc has agreed to buy NPS Pharmaceuticals Inc for $5.2 billion in its biggest acquisition yet, as the Dublin- based drugmaker strengthens its position in the lucrative field of medicines for rare diseases. The move will not come as a huge surprise, since Shire had already been linked to NPS in the first half of 2014. When plans for Shire itself to...

  • Shire to buy NPS Pharma for $5.2 bln Sunday, 11 Jan 2015 | 11:47 AM ET

    Jan 11- Shire Plc said it will acquire NPS Pharmaceuticals Inc in an all-stock transaction for about $5.2 billion, the companies said in a joint statement on Sunday. Shire will pay $46.00 per NPS share, representing a premium of about 7.2 percent over NPS' Friday close. Dublin- based Shire, whose proposed sale to AbbVie Inc fell apart in October, expects the deal to add...

  • Jan 9- XL Group Plc said it would buy underwriter Catlin Group Ltd for about 2.79 billion pounds, increasing the Dublin- based insurer's share of business written in the Lloyd's of London market to nearly 10 percent. "We are forecasting that we will, at a minimum, have about $200 million in cost savings across the two organisations when they are combined," XL Chief...

  • DUBLIN, Jan 5- Ireland's budget deficit is likely to have fallen by less than expected in 2014, a finance ministry official said on Monday, as a jump in year-end government spending prompted some concern that fiscal discipline may be slipping. Ireland's deficit fell to around 4 percent of gross domestic product at the end of 2014, John Palmer, a principal officer...

  • Dec 24- The U.S. Food and Drug Administration approved a drug to treat dementia in Alzheimer's patients that was developed by Actavis Plc and Adamas Pharmaceuticals Inc.. Memantine is the active ingredient in Actavis' Namenda, while donepezil is the active ingredient in Pfizer Inc's Aricept. Dublin, Ireland- based Actavis said it expects to launch Namzaric in...

  • *IAG keen on Aer Lingus's slots at London's Heathrow Airport. *Aer Lingus shareholders include Ryanair, Irish government. LONDON/ DUBLIN, Dec 18- Aer Lingus has rejected a takeover approach from the owner of British Airways, which is keen to gain control of the Irish airline's slots at London's Heathrow Airport.

  • DUBLIN, Dec 12- Fergus Reynolds has supported Ireland's governing Fine Gael party for 43 years, but this week he joined tens of thousands of people to march against them and pledged never to vote for Prime Minister Enda Kenny again. This is what much of the fastest-growing economy in Europe looks like at the end of 2014 as post-austerity Ireland serves a timely...

  • Dec 12- Technology company Max Sound Corp said it filed a lawsuit against Google Inc and YouTube in Germany earlier this month, alleging infringement of a video-streaming patent. Max Sound's allegations include current versions of Google operating system, Android, installed on mobile phones and tablets. The lawsuit was filed with the District Court of...