Irish liquidators put planes belonging to Kremlin-owned GTLK firms up for saleWestern creditors seeking recovery of $1.75bn that they claim is owedSun Jun 23 2024 - 19:13
Government unveils €300m aid for manufacturing decarbonisationMajority of industrial emissions are generated by companies primarily in the food and beverage, cement, pharmaceutical, and chemicals sectorsSun Jun 23 2024 - 15:16
Novo Nordisk drops Dublin factory planSeen & Heard: Inheritance tax reduction, Press Up stake and Spar saleSun Jun 23 2024 - 11:39
Michael McGrath faces AIB shares dilemma as he looks to senior role in Brussels Timing of the sale of next tranche is sensitive for Minister with one eye on Brussels commission post and Cabinet colleagues facing into electionSat Jun 22 2024 - 05:00
Bank of Ireland lines up senior executive Gavin Kelly as Davy CEOBernard Byrne, who took charge of the business in 2021 and oversaw its sale to Bank of Ireland, announced his intention to leave the firm last yearFri Jun 21 2024 - 06:00
Capreit’s final 9.7% Ires stake sold to a number of investorsLondon-based opportunistic investment firm Asset Value Investors among main buyersFri Jun 21 2024 - 06:00
European shares rise after Swiss rate cut and mounting talk of Bank of England moveIseq All-Share index dipped 0.4 per cent to 9,545.64, with heavyweights Kerry and Ryanair decliningThu Jun 20 2024 - 18:50
Citigroup names new chief executive for EU hub in DublinIgnacio Gutiérrez-Orrantia has over 30 years experience in the sectorThu Jun 20 2024 - 12:02
Datalex plans share sale to repay €13m of high-cost Desmond loansBillionaire owns about 41% of the airline retail software companyThu Jun 20 2024 - 07:42
Canada’s Capreit sells remaining shares in Irish property group Ires Capreit has sold its remaining 9.7% stake in the Ireland’s biggest private landlordWed Jun 19 2024 - 18:28
Smurfit Kappa shares jump on news of S&P 500 inclusion after mergerAnalysts say inclusion in keenly-followed S&P indices from next month is sooner than expectedWed Jun 19 2024 - 13:38
Nama upgrades lifetime State return forecast to €5.2bnSo-called bad bank set to take over remaining Irish Bank Resolution Corporation assets and complete its wind-down by the end of 2025Wed Jun 19 2024 - 10:00
Irish stock exchange owner pushes for retail investor scheme like UK individual savings accountsDearth of stock market flotations and high profile delistings are driving campaign for tax incentives ahead of Budget 2025Wed Jun 19 2024 - 06:00
AI chip giant Nvidia leapfrogs Microsoft and Apple as most valuable listed companyBanks were in focus on Dublin market as it was confirmed that euro zone inflation ticked up to 2.6 per cent in MayTue Jun 18 2024 - 18:00
Bank of Ireland uses Santander to insure €1.4bn of loans to reduce capital dragRival AIB has also been considering entering similar insurance deals for some timeTue Jun 18 2024 - 15:51
Irish Nationwide inquiry makes findings against former finance director PurcellJohn Stanley Purcell is the final individual subject to inquiry among five senior INBS figures originally put forward for investigation in 2015Mon Jun 17 2024 - 11:38
Nearly two-thirds of large Irish companies using AI in financial reportingExecutives cite advantages such as predicting trends, effects and providing real-time insight into risksMon Jun 17 2024 - 05:47
C&C plan to draw out CEO search may lure bids – but sale now would be a cop-outC&C chairman Ralph Findlay has taken on a dual-CEO role for up to 18 monthsSat Jun 15 2024 - 06:00
Energia earnings jump 40% as US owner plots €2.75bn saleEarnings rose to €375m for the financial year to the end of March from €267m for the previous 12 monthsSat Jun 15 2024 - 06:00
SME lender Flender seeks to widen funding base after debt restructuringSome investors said to have taken ‘sizeable haircuts’ after Scarp processFri Jun 14 2024 - 06:00
Smurfit Kappa and WestRock investors back $25bn tie-up ahead of Iseq exitCompany requires approval from investors holding at least 75 per cent of the Irish cardboard box-maker’s stockThu Jun 13 2024 - 10:48
EU top court ruling on Apple tax case delayed until after summerDecision now set to be made months later than had been expectedThu Jun 13 2024 - 06:00
European shares gain as easing US data fuels rate-cut talkEuropean automakers such Volkswagen and BMW slipped around 1 per cent after European Commission said it would impose duties on imported Chinese electric vehiclesWed Jun 12 2024 - 17:54
AIB offers €3.3m in goodwill payments to ex-Ulster Bank customers for ‘teething issues’The bank had to apologise twice last year for issues encountered by some customers in the immediate aftermath of their arrivalWed Jun 12 2024 - 15:46
State must be ‘welcoming’ to foreign investors to meet €20bn housing cost, Minister saysGovernment is targeting 50,000 homes a year, says Michael McGrathTue Jun 11 2024 - 18:40
Dublin office market risks vacancy rate rising to as high as 26% in coming years, Central Bank warnsMarket continues to be subject to significant uncertaintyTue Jun 11 2024 - 16:51
ECB’s Philip Lane signals need for caution on further rate cuts‘Good degree of confidence’ that inflation is on the way back to 2 per centTue Jun 11 2024 - 15:00
State’s AIB stake falls below 31% as drip-feeding of shares continuesHolding in AIB has fallen from 71 per cent at the start of 2022Tue Jun 11 2024 - 12:32
Datalex report must pave way for company to deal with 18% Desmond loansTravel retail group hoping to capitalise as good times return for the airline sector, according to IATAFri Jun 07 2024 - 17:47
Bank of Ireland reprimanded for misleading and confusing savings adsLender also accepts radio ad failed to meet Consumer Protection Code standards on accuracy and clarityFri Jun 07 2024 - 12:55
WestRock gives more detail on merger to get $25bn Smurfit deal over lineSeveral shareholders allege documents on the deal omitted ‘material information’Fri Jun 07 2024 - 06:15
ECB rate cut emboldens nonbank mortgage lenders to return from the coldNonbank lenders are targeting niche markets as banks still hold whip hand on the most competitive interest ratesFri Jun 07 2024 - 05:00
European shares close up after ECB rate cutBanking stocks mixed after first interest rate reduction in five yearsThu Jun 06 2024 - 18:16
Lone Star’s Start Mortgages completes transfer of €2bn of loans to Mars CapitalMove sees management of 11,000 mortgages move to Mars Capital IrelandThu Jun 06 2024 - 06:00
McCanns’ Balmoral stake tops 60% as group’s logistics portfolio holds its valueView of the commercial property market ‘remains negative,’ says chairman Carl McCannThu Jun 06 2024 - 06:00
European shares advance on eve of ECB rate decisionAll eyes on European Central Bank with interest rate cut widely expectedWed Jun 05 2024 - 18:26
Intel’s $11bn Irish factory deal underpins 6,500 jobs as it seeks to regain mojoCompany has been struggling to play catch-up in AI chips arms race currently led by NvidiaWed Jun 05 2024 - 12:42
Central Bank to set up ‘sandbox’ programme for fintechs to test new productsRegulator does not plan to offer firms any derogations or waivers from regulatory requirementsTue Jun 04 2024 - 14:04
After 25 years, Intel’s Dow days look numbered. Nvidia is the top dog in AI raceIntel’s shares have lost more than half their value in recent yearsSat Jun 01 2024 - 06:00
Office downturn hits Central Bank as campus building sheds €157m in valueFactors including the end of super profits at the bank have helped push it to a €132.1 million loss, according to its latest annual reportThu May 30 2024 - 11:01
Irish mortgages start-up Nua to go live with initial brokers within weeksNon-bank lenders have begun to emerge as a competitive force this year as their funding costs have easedThu May 30 2024 - 06:00
Most restaurants say VAT hike biggest threat to sector as insolvencies riseInsolvencies more than double in first three months of 2024Thu May 30 2024 - 06:00
Corre raises total €2.76m in cash call as talks with ‘strategic’ investors continueGreen energy slump contributes to 85% decline in shares over 12 monthsWed May 29 2024 - 07:51
City of London’s top official says financial hub ready for ‘pro-business’ Labour PartyChris Hayward recently began lobbying to set up a body like the IDA in the UKWed May 29 2024 - 06:15
Central Bank posts €132m loss for last year as era of super profits endsSlump into loss-making territory was foreseen for some time, says Minister for Finance Michael McGrathTue May 28 2024 - 20:46
Credit union regulators should allow ‘prudent’ lending increase - reviewReport comes as credit unions look to increase lending to take on established banksTue May 28 2024 - 17:46
Corre Energy starts share sale to top up €2.12m raised from large investorsMove gives existing investors the chance to avoid having their stakes diluted by a placing last weekTue May 28 2024 - 07:41
ECB rate cut next week will not be ‘victory declaration’ on inflation, Lane saysECB chief economist Philip Lane brushes off fears that loosening euro-zone monetary policy before US Fed could backfireMon May 27 2024 - 16:23
Government should incentivise staff accommodation development – KPMGNumber of businesses have started providing homes for their workers amid shortageMon May 27 2024 - 16:22
Mainstream secures permit to assess 500MW onshore wind farm in Australia Second major project in Australia unveiled this month as group tries to move on from Chile woesMon May 27 2024 - 05:00
