European real estate stocks surge, as global trading eyes strong finish
Pan-European STOXX 600 jumps 1.2%, best daily performance in two months
Pan-European STOXX 600 jumps 1.2%, best daily performance in two months
Quiet day on Dublin market as banks nudge upwards
Iseq follows peers as food sector heavy hitters retreat
Banks lead Dublin market higher.
Generation Investment Management spends about €16 million to increase its stake in the insulation manufacturer from 2.9% to 3.01%
S&P 500 on track for 50th record this year as gauge extends weekly gain to 4.5%
Interest rate cuts in both the US and Britain are the focus for a session where only the FTSE 100 dipped
Iseq up 1.3% as AIB leads surging bank stocks
Sales at Irish insulation specialist Kingspan Group rose 3% in first nine months of year, buoyed by a 6% rise in Q3
Dublin’s Iseq finished up 2.25% while FTSE rebounds
Wall Street tumbles after warnings from Microsoft and Meta Platforms about escalating AI costs
Cavan-based company also disclosed it has not yet set aside any provisions for a potential fine stemming from the investigation
Deal comes in same week as firm said it had taken majority stake in Nordic Waterproofing
Irish food groups retreat while Dalata finishes flat
Cavan-based insulation maker says move will lift its annualised roofing and waterproofing revenues to approximately €1bn
Mixed day for banks and building firms on Irish market
Iseq down 0.96% while Stoxx Europe 600 Index ended session 0.2% lower
Stoxx Europe 600 Index climbed 0.6% with auto stocks gaining the most after EU voted to impose tariffs on EVs from China
Oil spikes amid fears Israel may strike Iranian refining infrastructure
A continued relationship would be ‘incompatible’ with charity’s values, says spokeswoman
AIB and Bank of Ireland slide slightly as Kingspan edges higher
Traders optimistic after the US Federal Reserve chairman Jay Powell signalled a series of cuts are likely to follow
Expectations of a hefty rate cut in Washington growing while Bank of England is expected to hold fire following last month’s cut
Banking stocks rise on Irish market as Ryanair retreats
Irish banking stocks fall and food companies have subdued day
Irish golfer ended his partnership with construction firm Kingspan on Tuesday following publication of report into fire in which 72 people died
Grenfell United survivors’ group: ‘We first presented Shane Lowry with the Inquiry’s evidence 3 years ago, so we are pleased he has made the right decision’
The best news, analysis and comment from The Irish Times business desk
If anyone thought there would be questions about the CEO’s position, there is no sign of them from investors
In the wake of the damning report on the Grenfell fire, staying on as a brand ambassador for the Cavan-based insulation company flies in the face of the wishes of survivors’ groups
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Inferno enveloped the 24-storey tower in less than three hours, claiming the lives of 72 people
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