Special delivery: How shifting fortunes brought US boxmaker WestRock to Smurfit KappaWestRock, the US’s second-largest paper packaging group, once harboured ambitions of snapping up Smurfit Kappa, but has now become a willing target of Ireland’s first multinationalFri Sept 15 2023 - 04:30
State plans to exempt foreign dividends from tax in ‘exchequer-neutral’ moveIreland is ‘significant outlier’ on the taxation of foreign dividends. Department of Finance saidThu Sept 14 2023 - 17:40
NTMA completes 2023 fundraising before latest ECB rate hikeDebt-management agency has raised €7 billion through the sale of benchmark bonds this yearThu Sept 14 2023 - 14:05
Moody’s may upgrade Smurfit Kappa credit rating on WestRock dealGroup's net debt stands at €3.17 billionThu Sept 14 2023 - 14:01
Bank of Ireland warns customers of ‘live chat’ payments scamTargeted customers get a call from someone claiming to be from BoI and are asked to log into their online bank accountThu Sept 14 2023 - 08:35
Glenveagh chief sees ‘dramatic progress’ with planning system that is ‘starting to function’CEO of one of the country’s largest homebuilders says Government is ‘getting there’ in tackling the housing crisisThu Sept 14 2023 - 08:20
Kingspan plots Swedish bid hours after confirming Carlisle approachInsulation maker to make offer for Nordic Waterproofing after confirming ‘informal approach” for US frm CarlisleWed Sept 13 2023 - 19:06
European shares dip before ECB decision and BP investors mull shock CEO exitTraders await European Central Bank’s latest interest rate moveWed Sept 13 2023 - 18:02
Ardagh chairman Paul Coulson to step down Executive has been chairman of the glass and metal containers giant since 1998Tue Sept 12 2023 - 13:42
Smurfit Kappa shares slump as investors digest owning 50.4% of group after WestRock mergerIrish group’s CEO Tony Smurfit to lead merged group, which will be known as Smurfit WestRockTue Sept 12 2023 - 08:27
AIB weighs final sale of crisis-era problem loansBank spokesman says that AIB has no plans to sell residential mortgagesSat Sept 09 2023 - 06:05
Smurfit Kappa seeks to take advantage of packaging downturn to buy US rivalMarket Beat: The timing of the deal to bring Smurfit together with WestRock reflects depressed valuations in the sectorSat Sept 09 2023 - 05:00
Davy seen cutting up to 18 capital markets jobs under redundancy programmesBroker expected to seek redundancies in both Dublin and LondonFri Sept 08 2023 - 18:15
Smurfit Kappa’s Irish stock market exit compounds existential crisisThree Iseq heavyweights now in the departure loungeFri Sept 08 2023 - 06:00
Bank of Ireland appoints Davy’s Conall Mac Coille as group chief economist MacCoille has spent the past 13 years with Davy, which has been owned by Bank of Ireland since June last yearFri Sept 08 2023 - 05:00
End of an era: Central Bank sells remaining IBRC-linked bondsMinister for Finance says the move ‘brings to an end a specific consequence of the banking crisis’Thu Sept 07 2023 - 15:02
Cairn Homes upgrades full-year forecasts as order book tops €1bnDublin-based developer closed 535 sales in first six months and ‘on track’ to sell more than 1,800 units this year, up 18% on 2022Thu Sept 07 2023 - 07:54
Smurfit Kappa eyes Irish market exit amid $19bn merger talksDublin-based packaging firm nearing agreement with US firm WestRockThu Sept 07 2023 - 01:12
European shares fall as weak German data points to economic slowdownBanks struggle as investors register concern about the outlook for the euro-zone economyWed Sept 06 2023 - 18:06
Malin’s intrinsic value per share drops 36% as key investment slidesLife sciences investment company returned €140m to investors earlier this year by way of share buybackWed Sept 06 2023 - 14:07
Irish banks lag behind wider euro zone in passing rate hikes to on-demand saversCentral Bank also finds State’s lenders are slower than euro zone peers at passing on rate increases for new mortgagesWed Sept 06 2023 - 11:21
Ryanair hints at ‘modest regular dividend’ policy at investor dayCarrier has returned more than €6.8bn to investors between 2008 and 2020, but has never paid a regular dividendWed Sept 06 2023 - 09:37
Bank of Ireland lures London banker to head up property and project financeBank of Ireland hire is part of CEO of corporate and commercial banking Gavin Kelly’s overhaul of unit he took charge of in MarchWed Sept 06 2023 - 05:00
Greencore’s Philips taps former DAA colleague for CFO roleCatherine Gubbins had brief stint as chief executive of airport authority last yearTue Sept 05 2023 - 15:13
BDO Ireland hires Permanent TSB’s ex-head of business bankingMags Brennan hired by PTSB in March 2020, at outset of Covid-19 pandemic, to build out a business banking teamMon Sept 04 2023 - 05:30
EY Ireland narrows search for Dublin HQ to four developmentsBig Four accountant and advisory business looking to nearly double its office space in city centreSat Sept 02 2023 - 05:00
Former judo Olympian avoids sudden jolts at Grafton even as earnings come under pressureNew Swiss CEO of Grafton has narrowed group’s geographic focus for deals but opened out the search for the type of businesses being targetedFri Sept 01 2023 - 15:42
KBC freezes final 143 Irish current accounts as last services endBelgian-owned bank to also close its remaining branch and end its online banking on ThursdayThu Aug 31 2023 - 15:22
Grafton Group has financial ‘firepower’ for €934m worth of deals, says new CEOParent group of Woodie’s and Chadwicks sees pretax profit slide 27% in first half as inflation hits home improvementsThu Aug 31 2023 - 07:47
Tullow Oil shares slump as Gabon army officers declare coupCompany says operations are ‘unaffected by the ongoing political activity 'Wed Aug 30 2023 - 15:43
PTSB ups deposit rates to as high as 3% for fix-term accountsIrish banks facing mounting political pressure to pass on some of recent raft of official rate increases to saversWed Aug 30 2023 - 10:08
Ulster Bank agrees to sell most remaining loans worth €694m to AB CarValDeal follows carve-up of bulk of Ulster Bank’s loan book by AIB and Permanent TSBWed Aug 30 2023 - 06:00
Arachas profits soar 35% amid wave of insurance broker dealsInsurance broker group paid out €77.7 million in dividends last yearWed Aug 30 2023 - 05:30
Eir paid out dividends of €1.85bn since French billionaire takeoverTelco said its fibre broadband customer base increased by 2 per cent year on year to 852,000 customersTue Aug 29 2023 - 07:35
Digicel paid O’Brien and linked firms $90m in past three yearsCompany’s debt restructuring documents show how parts of businessman’s empire have continued to benefit financially from offering services to the group since he stopped taking dividends eight years agoTue Aug 29 2023 - 06:00
European shares inch higher, with tech stocks leading the gains Iseq All Share index advances 1.2 per cent to 8,884.61Mon Aug 28 2023 - 18:50
Why Ireland’s two biggest banks are making their highest profits since 2007AIB and Bank of Ireland are making more from the €60bn parked with the Central Bank than from mortgagesFri Aug 04 2023 - 05:17
Barclays mulls moving EU headquarters from Dublin to ParisPotential move would involve the transfer of a ‘small number of roles’ from the 300 Barclays employees based in Irish capitalThu Aug 03 2023 - 18:19
Axa’s price tag for Laya based on ditching existing Swiss insurerSigns point to another round of price hikes for consumers this yearThu Aug 03 2023 - 16:20
Biggest private landlord sells 194 Dublin homes to housing charityIres Reit to offload homes to Tuath Housing Association for €72 millionThu Aug 03 2023 - 08:13
Axa to buy Laya Healthcare in €650m dealFrench insurer swoops for State’s second-largest health insurer in major Irish market dealThu Aug 03 2023 - 06:47
Smurfit Kappa sales fall as cardboard box sales dip in weakening economyGroup signals confidence in its prospects by increasing interim dividend by 6%Wed Aug 02 2023 - 08:14
PTSB joins rivals in hiking forecasts on rising interest ratesLender is benefitting from takeover of Ulster Bank loansWed Aug 02 2023 - 07:42
CarTrawler backer has ‘no plans to sell’ as firm returns to profitPrivate equity owner TowerBrook Capital ‘very committed’ to business, says travel tech company’s chief executiveWed Aug 02 2023 - 05:00
Bank of Ireland makes profit of more than €1bn in first half of the yearNet interest income surges to €1.8bn as bank gets 3.75% rate on surplus deposits lodged with central bankMon Jul 31 2023 - 07:32
Severe downturn would mean AIB capital dips below euro averageBanks assessed by regulators against adverse scenario of euro zone economy contracting 5.9% over three years to end of 2025Fri Jul 28 2023 - 17:52
Pepper raises rates on most variable mortgages as average hits 7%Latest increase by loan services company does not take into account ECB’s latest hike on ThursdayFri Jul 28 2023 - 12:50
Tracker inquiry hearings into ex-PTSB chief pushed out to next FebruaryHearings pushed back to allow new lawyers to get up to speed on the caseFri Jul 28 2023 - 12:27
Ulster Bank deposits fall to €466m amid ‘big switch’Lender sets aside a provision to deal with potential compensation costs following loss of tracker casesFri Jul 28 2023 - 07:49
AIB ups forecasts as first-half profit soars amid rising ratesLender raises full year net interest income forecastFri Jul 28 2023 - 07:20
