State holding in AIB falls below 50% after share saleShares in AIB have surged by almost 75% since the State started to sell down shares in the bank at the start of last yearWed Jun 28 2023 - 07:46
State puts 5% AIB stake on market to end majority ownershipLatest share sale will reduce the Government’s holding to 46.9%Tue Jun 27 2023 - 18:14
Michael McGrath considering laws on cash acceptance as part of payments reviewGrowing number of businesses refusing to accept cash at busy timesTue Jun 27 2023 - 18:02
Central Bank down to last €500m of IBRC-linked bondsAnglo was renamed Irish Bank Resolution Corporationin 2011 and subsequently took over the remains of INBSTue Jun 27 2023 - 16:55
Denis O’Brien to stay on Digicel board amid $1.7bn debt write-off dealBusinessman to lose most of his stake in telecoms groupTue Jun 27 2023 - 16:26
Funds sector urges €1 trillion SPV business be protected in McGrath reviewSection 110 regime has been heavily criticised in recent yearsTue Jun 27 2023 - 05:00
Ex-PTSB chief seeks delay to tracker inquiry amid change of solicitorsDavid Guinane alleged to have participated in bank offering a low, original tracker rate to eligible customers only after they requested it or complained about itMon Jun 26 2023 - 11:45
Greenwashing firms and public entities face growing threat of litigation Claims of progress will come under increasing scrutiny, environmental lawyer warnsMon Jun 26 2023 - 05:00
Flutter finds itself the toast of the FTSE 100 as investors wager on American dreamJoe Brennan: Few market observers doubt that it will ultimately move its main listing from London to Wall StreetSat Jun 24 2023 - 07:00
Irish Life Investment Managers votes against 19% of plc resolutions amid growing ESG focusCompany increases its focus on environmental, social and governance investing.Sat Jun 24 2023 - 06:30
State’s AIB stake edges closer to key 50% thresholdBank close to returning to majority private ownership for first time since financial crisisFri Jun 23 2023 - 16:52
Datalex likely to hold off on share sale amid depressed price uneaseDublin-listed company is likely to seek to raise further debt finance in the meantimeFri Jun 23 2023 - 06:00
Cork oil-well explorer Barryroe faces wind-up if shareholders don’t pony up once moreBarryroe Offshore Energy investors only have weeks to decide whether to fund the company to pursue a legal case against the Minister after he pulled plug on its key oil and gas prospectFri Jun 23 2023 - 04:29
Nama drops plans for 400 apartments as PRS market has ‘almost disappeared’State bad bank ticks to €4.5bn lifetime surplus target after €81 million profit last yearThu Jun 22 2023 - 15:00
Ulster Bank loses High Court appeal against findings in tracker mortgage casesBank failed to convince court that ombudsman had committed ‘serious and significant’ error in decisionsThu Jun 22 2023 - 12:37
AIB Life joint venture launches, backed by investment of €250mOriginal figure stood at €180 million when venture was announced two years agoTue Jun 20 2023 - 05:10
‘Revenge travel’ helped lure investors to check into Dalata. How long will they stay?Joe Brennan: Hotel group has been the top performing stock so far this year on the Iseq 20Sat Jun 17 2023 - 07:00
Central Bank confirms ex-PTSB chief David Guinane subject of tracker mortgage inquiryFinancial regulator publishes former chief executive’s name on its website on FridayFri Jun 16 2023 - 11:45
Ulster Bank starts repatriating excess cash to UK with €800m dividendPayment comes as group hastens its exit from the RepublicFri Jun 16 2023 - 09:39
Former Waystone trio set up agri-tech venture capital and plan carbon credits exchangeTrio’s firm also reviewing projects that use technologies focused on reducing carbon in the atmosphereFri Jun 16 2023 - 05:00
Generali to buy Liberty’s Irish and Iberian units for €2.3bnLiberty Mutual entered the Irish market in 2011 with Quinn Insurance takeoverThu Jun 15 2023 - 15:30
S&P upgrades Irish banks as problem loans not viewed as an issueRatings agency noted that some 60% of residential home loans are now on fixed rates, compared with 40% a year agoThu Jun 15 2023 - 11:28
Mortgage switching slumps 65% in April as ECB rates are hikedIrish home price inflation continues to ease, falling to 3.6 per cent in AprilThu Jun 15 2023 - 05:00
PetroNeft seeks debt writedown amid deal to sell key asset to CEOCompany’s share price has plunged 98 per cent since the start of the Ukraine warWed Jun 14 2023 - 19:41
Oisin Fanning-led San Leon’s shares down almost 30% on refinancing and accounts delaysBusiness has been in talks to secure a $50m loan facility since unveiling Nigeria deal planWed Jun 14 2023 - 15:08
Corre targets 1.3GW of energy projects in construction by 2026Dublin-listed company confirms that it had signed an option agreement on over 500MW of projects in GermanyWed Jun 14 2023 - 13:11
Wexford tycoons invest in Irish mortgages start-upBrothers sold stake in Slaney Foods for a reported €250 million in 2016Wed Jun 14 2023 - 05:00
Pepper raises rates on 9,500 mortgages as average hits 6.3%Average variable rate across loan books serviced by Pepper stood at about 4% before ECB started hiking official borrowing costs last JulyTue Jun 13 2023 - 14:43
Tracker inquiry into former Permanent TSB boss to hold first public meeting this monthReview to look at suspected regulatory breaches in relation to the lender’s role in tracker mortgage scandalTue Jun 13 2023 - 12:41
Irish Banking Culture Board out of step with banks with call to extend levyCharge raises about €87 million a yearMon Jun 05 2023 - 06:00
FBD chief Tomás Ó Midheach: ‘Opportunities often arise in challenging times’CEO defends his company’s profits in a time of soaring costs, and outlines his aim to boost its share of the farm insurance marketFri Jun 02 2023 - 12:30
State and NatWest offload 10% of Permanent TSBGovernment and UK bank sell two-thirds more of lender than had been expectedFri Jun 02 2023 - 09:32
Ardagh’s main shareholder sells quarter of €53m stake in riskiest bondsPaul Coulson takes advantage of a rally in market valueFri Jun 02 2023 - 04:30
State and NatWest launch surprise sell-down of Permanent TSB sharesEach side is selling about 3 per cent of PTSB’s stockThu Jun 01 2023 - 18:04
Central Bank to conduct inquiry into RSA Ireland ex-chief Philip SmithDetails of a public inquiry into the former insurance executive expected to be published within weeksTue May 30 2023 - 18:08
Greencore surprises investors by sticking to earnings guidance in ‘challenging’ UK marketFood company led by chief executive Dalton Philips saw shares rise in London as figures for financial year are ‘in line with current market expectations’Tue May 30 2023 - 08:47
Aryzta’s nine-month sales rise 23.8%, driven by price increasesFood group owns Cuisine de FranceTue May 30 2023 - 08:15
BNY Mellon sets up global digital research hub in Dublin to drive AIThe new unit will initially comprise a digital team of about 30, which BNY Mellon aims to double by the end of 2025Tue May 30 2023 - 05:00
Digicel parent’s bondholders agree writedowns as wider deal for telco nears completionDenis O’Brien-owned group expects to file for Chapter 15 bankruptcy protection as part of wider debt restructuring agreementMon May 29 2023 - 20:00
European stocks slip as many markets closed and investors mull US debt-ceiling dealUS president Joe Biden’s deal with House speaker Kevin McCarthy triggers ‘optimism of reaching agreement’ on debt ceilingMon May 29 2023 - 19:42
CRH expected to scale back investor returns from record €3.3bn this yearFitch sees the building materials giant reducing its total shareholder remuneration to $2.5 billion next year and an average of $2 billion annually between 2025 and 2026Mon May 29 2023 - 14:09
McCann’s Balmoral land group targets small investors with offer to buy out their shares Balmoral said in a circular this week that it is seeking to initially spend €2m buying shares from small shareholders who have found it costly and difficult to dispose of their stockFri May 26 2023 - 21:04
European shares put in best day in two months as techs shineMain benchmark logs steep weekly decline on growing concerns over slowing global economy and uncertainty around US debt ceiling talksFri May 26 2023 - 17:56
C&C hopes ‘promiscuous’ pubs will give it another chance after €25m IT fiascoThe profit hit related to a botched implementation of a new warehousing management software system by the Irish cider and beer makerFri May 26 2023 - 15:38
Barryroe offered merger option that could allow it to pursue State compensationMinister did not grant permit to progress work on gas and oil field off Cork coastFri May 26 2023 - 06:00
The €13bn Apple Tax case is entering its final chapter. Here’s what you need to knowEuropean Commission’s last-ditch effort to make Apple pay the Republic more than €13 billion of alleged back taxes came before EU’s highest court this weekFri May 26 2023 - 05:14
Ulster Bank targets 813 further redundancies as wind-down continuesLender’s main trade union says staff cuts will be made over the next 12 monthsWed May 24 2023 - 13:47
Ex-Department of Finance official leads €100 trillion EU bond market transparency bidNeil Ryan tapped to lead efforts to build central feed for bond trading in EUWed May 24 2023 - 05:00
Bank of Ireland says ‘right balance’ needed on loan and savings rate hikesChairman Patrick Kennedy notes Bank of Ireland was the top performing large euro zone bank stock in 2022 with 74% rise in valueTue May 23 2023 - 14:11
Explainer: why is the Apple tax case hearing important?The stakes are high for both the European Commission and Apple as they face off before the EU’s final court of appealTue May 23 2023 - 12:39
