Central Bank’s Sharon Donnery warns about lack of cash for small businessesDeputy governor says only the initial effects of the Covid-19 shock have been felt so farWed Jun 17 2020 - 14:10
AIB secures strong demand for riskiest bondsCapital reserve boost for bank as it raises €625m from debtTue Jun 16 2020 - 19:14
EU faces banking crisis if coronavirus stretches into 2021New paper warns it would only take a fifth of loans not being repaid to wipe out reservesTue Jun 16 2020 - 18:30
Central Bank warns of Covid-19 risks to property marketRegulator says Irish property funds have higher levels of debt than 90% of similar European operationsTue Jun 16 2020 - 16:09
Half of Irish mortgage holders work in sectors hit by Covid-19Up to 11 per cent of mortgages subject to payment breaks in May, Central Bank saysTue Jun 16 2020 - 14:36
CRH shares rise on US infrastructure spending hopesDublin-based building materials giant generates 55% of its revenues in USTue Jun 16 2020 - 10:57
Irish invoice trading firm facilitates €30m of PPE ordersInvoiceFair facilitated funding of €30m of PPE orders, says chief executive Helen CahillMon Jun 15 2020 - 05:19
Providence says Barryroe would break even with oil prices at $26CEO Alan Linn says oil field ‘economically compelling’ with oil prices at $50 a barrelFri Jun 12 2020 - 17:44
Scrapping €165m ship deal may work in ICG’s favourAfter WB Yeats debacle, Irish Ferries owner facing Covid-19 and Brexit uncertaintyFri Jun 12 2020 - 17:35
Dissident shareholders slam timing of Aryzta’s EGMSwiss-Irish good group criticised for holding off egm at which directors could be oustedFri Jun 12 2020 - 08:53
British may ‘retaliate’ over 14-day quarantine, warns Irish Ferries ownerICG chief Eamonn Rothwell says rule will put Common Travel Area at risk post-BrexitFri Jun 12 2020 - 07:59
Some boom-era INBS mortgage loan repayments slump amid Covid-19Monthly collections from borrowers from former subprime lender falls offFri Jun 12 2020 - 05:26
Irish-based funds warned over risk to corporate bonds marketCompanies globally facing credit ratings downgrades amid Covid-19 economic shockThu Jun 11 2020 - 17:49
Woodie’s sales soar in late May as lockdown rules easePent-up demand for paint and plants saw revenue for two-week period last month ‘comfortably’ exceed Woodie’s sales for the full month of May in 2019Thu Jun 11 2020 - 10:55
Irish Ferries’ passenger numbers slump 60% due to Covid-19 restrictionsFerry company’s owner, Irish Continental Group, has cancelled an order with German shipmaker FSG for a new vesselThu Jun 11 2020 - 09:48
Banks face union pressure on staffing of bad-loan unitsFour of five big lenders were working on job-reduction plans before the Covid-19 crisisThu Jun 11 2020 - 05:30
Citi’s EU hub in Dublin holds off dividend decision amid Covid-19Bank saw net profit jump 27% to $1.12bn last yearWed Jun 10 2020 - 14:21
Seaspray Financial sets up wealth unit with ex-Bof I staffInvestment and mortgage firm established by former Dolmen boss Paul McGowanWed Jun 10 2020 - 11:44
McCanns’ Balmoral sees property value hit from Covid-19Company expects “quality of its tenants” will help cushion it from worst effects of pandemicMon Jun 01 2020 - 07:38
European shares drop amid China-US tension over Hong KongBanking stocks among worst performers on Iseq: AIB falls 4.7% while BoI drops 5.2%Fri May 29 2020 - 18:25
Flutter bets Covid-19 will ease puritan take on gambling in USShares have surged by more than 90 per cent over the past 2½ months,Fri May 29 2020 - 15:32
Flutter launches €900m share sale following Canadian mergerPaddy Power owner seeking to cut debt in uncertain betting market due to Covid-19Thu May 28 2020 - 17:39
Ardagh launches $400m bond saleMaker of glass and metal containers will use the funds to refinance existing debt to push out repayment datesThu May 28 2020 - 15:32
Paschal Donohoe sees consumer ‘prize’ in slow reopening of economyConsumers ‘not confident’ in countries that have moved more quickly, minister saysThu May 28 2020 - 11:53
Irish economy to contract by 12%, ESRI forecastsThink tank warns against ‘tapering’ Covid-19 payment as businesses gradually restartThu May 28 2020 - 06:39
Mortgage payment-break numbers rise to 78,000Total of 140,000 mortgage, personal and business loans now paused temporarilyThu May 28 2020 - 05:55
Coronavirus: ESRI warns of deepest recession in Irish historyGreen Party set to agree budget deficit reduction in second half of next government termThu May 28 2020 - 00:10
Ires defends 40% fee hike for its chairmanRemuneration committee increases Declan Moylan’s fees to €140,000 a year from February 2019Wed May 27 2020 - 18:16
Former Quinn Insurance director Liam McCaffrey settles with Central BankMcCaffrey investigated for transactions that allegedly undermined businessWed May 27 2020 - 14:21
Covid-19 set to drive €4bn in loan losses for Irish banksPandemic will wipe out capital due to be returned to shareholdersWed May 27 2020 - 10:16
Banks move to avert fresh arrears crisisThe initiative is aimed at avoiding a cliff-edge effect at the end of SeptemberWed May 27 2020 - 05:50
Government ‘missed opportunity’ not saving company tax windfalls, Ifac saysBudgetary watchdog says Republic ‘could have been running a much bigger surplus’ in recent yearsWed May 27 2020 - 01:26
Coronavirus: New government faces financial hole of €11bnIrish Fiscal and Advisory Council says worst-case scenario could be €15bnWed May 27 2020 - 01:00
Hot-desking continues at bank call centres, workers sayEmployees tell union survey they don’t have enough hand-washing breaksTue May 26 2020 - 12:02
Aryzta CEO keeping ‘open mind’ on strategic optionsFood group says there are signs of improvement in May as restrictions begin to liftTue May 26 2020 - 08:14
Clock ticking for economy as government formation talks drag onIn 2014 Morgan Kelly predicted where fresh trouble would come from: SMEsFri May 22 2020 - 15:46
Rent collections in Aviva property funds as low as 60% amid Covid-19Funds have a value of €840m and include assets such as Blackrock Shopping CentreFri May 22 2020 - 05:40
DBRS flips outlook on Irish banks to negative amid Covid-19 crisisBank of Ireland, AIB and PTSB facing huge challenges, says debt ratings agencyThu May 21 2020 - 19:47
Kingspan abandons €42m deal for UK building products groupBoth sides fail to agree renegotiated terms as Covid-19 crisis hits businessThu May 21 2020 - 18:35
Digicel concedes defeat on 2023 bonds in debt restructuringLess than 8% of bondholders due to be repaid in 2023 sign up for two-year push-out dealThu May 21 2020 - 14:44
NTMA secures record demand for €750m negative-rate debtDebt agency sold short-term bills at minus 0.43%Thu May 21 2020 - 10:53
Denis O’Brien forced to lift hood on Digicel in debt restructuringCompanies linked to businessman received almost $134m in 3½ yearsThu May 21 2020 - 06:00
Republic at risk if Covid scars hit global trade, Makhlouf saysCentral Bank governor highlights risks to global ‘interconnectedness’Wed May 20 2020 - 16:36
Digicel had $4.2bn deficit before debt plan, new documents revealCompany filings to SEC say debt restructuring plan a ‘superior’ outcome for creditorsWed May 20 2020 - 03:00
Bank of Ireland’s delayed mobile app set to be launched this monthApp will be phased in for customers during May, initially on Android devicesTue May 19 2020 - 12:36
CarTrawler management to take stake in TowerBrook takeoverDublin-based travel software company has been hit badly by Covid-19 crisisTue May 19 2020 - 08:14
Tough choices at Cuisine de France owner as activists park on front lawnBaked goods group now worth just 60% of sum it raised in 2018 rescue fundraiseFri May 15 2020 - 15:50
Covid-19 pushes Irish banks into first loss since troika yearsIrish lenders have the capital reserves to weather the Covid-19 storm but expect bank charges to start risingFri May 15 2020 - 11:17
Rising bond rates cushion Irish pensions amid stocks chaosMercer estimates that assets held by schemes fell by 5-15%Fri May 15 2020 - 05:42
BofI surprises markets with €625m risky bonds saleShares rose 6.7% as the bank secured orders for twice the level of bonds on offerThu May 14 2020 - 19:30
