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Covid lockdown hits electricity demand

Covid lockdown hits electricity demand

Energy consultancy says Irish people are using less power as restrictions on work and travel bite

Wed Apr 08 2020 - 12:39
Ardagh seeks to raise an additional $200m

Ardagh seeks to raise an additional $200m

New York-listed bottle and can maker said it intended using the cash to repay an existing line of credit

Tue Apr 07 2020 - 20:47
Collison brothers worth an estimated €2.9bn each

Collison brothers worth an estimated €2.9bn each

Stripe founders are joint 616th on latest billionaires list by Forbes

Tue Apr 07 2020 - 16:21
Air travel’s post-Covid recovery 'uncertain'

Air travel’s post-Covid recovery 'uncertain'

Analyst warns that aviation’s rebound depends on pandemic’s duration and economy

Tue Apr 07 2020 - 10:06
Staff in Dublin and Cork airports receive profit share and bonuses for last year

Staff in Dublin and Cork airports receive profit share and bonuses for last year

Staff at State-owned DAA will have no bonuses or pay increases this year, and recruitment has been frozen

Tue Apr 07 2020 - 08:35
Nama sets deadline for final bids on former glass bottle site in Ringsend

Nama sets deadline for final bids on former glass bottle site in Ringsend

State agency wants final bids for the 37-acre site in Dublin’s docklands by April 20th

Mon Apr 06 2020 - 20:36
Flutter chief received 17% rise in total pay last year to £2m

Flutter chief received 17% rise in total pay last year to £2m

Peter Jackson’s basic salary was £737,000 last year, while he received a pension contribution of £111,000

Mon Apr 06 2020 - 18:50
Airline seats tumble 85% to 2.5 million in western Europe

Airline seats tumble 85% to 2.5 million in western Europe

Travel restrictions have shut down world aviation

Mon Apr 06 2020 - 16:05
Bord Gáis Energy says it will not disconnect customers during crisis

Bord Gáis Energy says it will not disconnect customers during crisis

Eirgrid’s contingency plans focus on ‘mitigating the impact of Covid-19 on electricity services for everyone in Ireland’

Mon Apr 06 2020 - 10:43
Coronavirus: Construction industry collapses as restrictions take hold

Coronavirus: Construction industry collapses as restrictions take hold

Ulster Bank’s PMI shows housebuilding and work on projects at lowest level in 11 years

Mon Apr 06 2020 - 04:00
Coronavirus: Employers should seek consent for pay cuts - lawyer

Coronavirus: Employers should seek consent for pay cuts - lawyer

Business have option of agreeing pay cuts with unions or making temporary layoffs

Mon Apr 06 2020 - 03:20
European shares decline over fears of deep recession

European shares decline over fears of deep recession

Ryanair gained marginally despite revealing profits would be at lower end of expectations

Fri Apr 03 2020 - 18:50
Court rules Cox cannot access O’Flynn papers in legal dispute

Court rules Cox cannot access O’Flynn papers in legal dispute

O’Flynn group firms suing former employees over alleged €12.5m profit at business’s expense

Fri Apr 03 2020 - 18:23
Camile restaurant chain stops paying rents ‘to safeguard future’

Camile restaurant chain stops paying rents ‘to safeguard future’

Group continues to deliver food but Covid-19 restrictions have resulted in 25% revenue fall

Fri Apr 03 2020 - 17:52
Avolon cancels aircraft orders amid Covid-19 crisis

Avolon cancels aircraft orders amid Covid-19 crisis

Irish aircraft leasing chief Dómhnal Slattery says commercial aviation is facing the biggest challenge in its history

Fri Apr 03 2020 - 16:21
Crisis could hit aircraft lessors based in Republic

Crisis could hit aircraft lessors based in Republic

Covid-19 likely to force more airlines into bankruptcy

Wed Apr 01 2020 - 20:28
Cityjet seeks auditors’ advice on navigating Covid-19 crisis

Cityjet seeks auditors’ advice on navigating Covid-19 crisis

Airline flies routes on contract for grounded European carriers

Wed Apr 01 2020 - 12:07
Covid-19: Builders cease work on big developments

Covid-19: Builders cease work on big developments

Move from construction companies comes after ramped up coronavirus restrictions

Tue Mar 31 2020 - 20:39
Penneys puts plan for new store in Dundrum Town Centre on hold

Penneys puts plan for new store in Dundrum Town Centre on hold

Move to take two floors in centre paused as fashion chain reviews spending plans

Tue Mar 31 2020 - 18:39
Regulators yet to clear Paddy Power owner Flutter’s €12bn merger

Regulators yet to clear Paddy Power owner Flutter’s €12bn merger

Dublin-headquartered Flutter plans to merge with Canada-based Stars Group

Tue Mar 31 2020 - 09:40
Retail landlords worried rents will dry up during Covid-19 crisis

Retail landlords worried rents will dry up during Covid-19 crisis

‘There is a feeling that it is just a matter of time’ says property manager

Sat Mar 28 2020 - 06:52
ESB’s efforts to cut greenhouse gas emissions cost €60m

ESB’s efforts to cut greenhouse gas emissions cost €60m

State-owned energy group reports pretax profits of €338m last year

Fri Mar 27 2020 - 10:50
Coronavirus: Aer Lingus to lay off more than 60 contract workers

Coronavirus: Aer Lingus to lay off more than 60 contract workers

Workers argue they qualify for State aid to keep staff in jobs during Covid-19 crisis

Fri Mar 27 2020 - 04:00
Bank of China donates 200,000 items of protective equipment to Ireland

Bank of China donates 200,000 items of protective equipment to Ireland

Office of Government Procurement confirms it has ‘gratefully received’ the donation from the bank

Fri Mar 27 2020 - 03:00
Airlines to lose €70bn in sales as Covid-19 grounds European flights

Airlines to lose €70bn in sales as Covid-19 grounds European flights

Passenger demand likely to halve in face of coronavirus restrictions

Thu Mar 26 2020 - 16:27
Glenveagh says building continues but reservations are slowing

Glenveagh says building continues but reservations are slowing

House builder suspends financial guidance for 2020

Thu Mar 26 2020 - 16:12
SSE Airtricity cuts energy bills by ‘€102 a year’

SSE Airtricity cuts energy bills by ‘€102 a year’

Company is cutting electricity and gas prices for 320,000 homes

Thu Mar 26 2020 - 12:49
Coronavirus: High-profile building projects may soon grind to a halt

Coronavirus: High-profile building projects may soon grind to a halt

Work continuing on several sites despite union calls for closure to protect workers

Thu Mar 26 2020 - 06:00
Ryanair and Aer Lingus owner well placed to see out Covid-19 crisis – analysts

Ryanair and Aer Lingus owner well placed to see out Covid-19 crisis – analysts

Carriers have cash to withstand longer term grounding of flights

Wed Mar 25 2020 - 11:42
Construction unions split over decision to allow sites to remain open

Construction unions split over decision to allow sites to remain open

Stoppage of all but essential projects ‘inevitable’, Unite says

Tue Mar 24 2020 - 20:46
Grafton to shut UK businesses for three weeks

Grafton to shut UK businesses for three weeks

Woodie’s DIY owner expects Covid-19 hit to profits

Tue Mar 24 2020 - 15:23
Air travel safety watchdog fears dent in €200m revenues

Air travel safety watchdog fears dent in €200m revenues

Irish Aviation Authority maintains services as airlines ground passenger flights

Tue Mar 24 2020 - 13:59
Stock market moves indicate new house prices could fall up to 20%

Stock market moves indicate new house prices could fall up to 20%

Investors have ‘priced in’ falls in land and new home values

Tue Mar 24 2020 - 11:29
European shares fall despite stimulus plans

European shares fall despite stimulus plans

Markets report: Wall Street slide deepens as more US states go into lockdown

Mon Mar 23 2020 - 19:47
Hibernia Reit executive buys €50,000 in company shares

Hibernia Reit executive buys €50,000 in company shares

Thomas Edwards-Moss purchases 60,000 shares at 83.39 cent each

Mon Mar 23 2020 - 17:46
Knock Airport to lay off staff next week

Knock Airport to lay off staff next week

Aer Lingus and Ryanair suspend services

Mon Mar 23 2020 - 15:21
Ryanair to reduce pay by 50% until end of May

Ryanair to reduce pay by 50% until end of May

Airline chief Michael O’Leary warns that lay-offs cannot be ruled out at point in future

Fri Mar 20 2020 - 18:40
Kingspan to halve executives’ pay and cut workers’ wages

Kingspan to halve executives’ pay and cut workers’ wages

Insulation maker scraps final dividend due to coronavirus

Thu Mar 19 2020 - 12:49
Coronavirus sparks a rush for gold and safety deposit boxes

Coronavirus sparks a rush for gold and safety deposit boxes

Some are concerned that burglaries could increase in the outbreak’s wake

Wed Mar 18 2020 - 16:25
Stock markets plummet as coronavirus cases rise

Stock markets plummet as coronavirus cases rise

Equities end week in the red as investors take fright at impact of outbreak

Fri Mar 06 2020 - 19:06
Johnston Press liquidator had to threaten legal action against company’s bank

Johnston Press liquidator had to threaten legal action against company’s bank

New documents show that the bank declined to answer correspondence

Thu Mar 05 2020 - 06:20
Bord Gáis Energy to drop its prices for gas and electricity

Bord Gáis Energy to drop its prices for gas and electricity

Move comes a week after rival supplier cut its prices for residential customers

Wed Mar 04 2020 - 20:45
Pharma companies want more clinical trials and faster access to drugs

Pharma companies want more clinical trials and faster access to drugs

Industry, which employs 45,000 in State, puts forward ideas at Dublin conference

Wed Mar 04 2020 - 15:33
Nama got just £340,000 from sale of O’Flynn properties, court hears

Nama got just £340,000 from sale of O’Flynn properties, court hears

Developer dismisses claim by former workers that his organisation kept Nama in the dark

Tue Mar 03 2020 - 20:48
Cairn says fund-backed landlords could spend €5bn on new homes

Cairn says fund-backed landlords could spend €5bn on new homes

Dublin-listed company says it sold 1,080 new homes last year, earning a 28% increase in profits to €68m

Tue Mar 03 2020 - 08:57
Ryanair cuts flights as coronavirus hits bookings

Ryanair cuts flights as coronavirus hits bookings

Irish carrier reduces services mainly to and from Italy

Mon Mar 02 2020 - 18:22
Canadian gambling group cuts jobs in Dublin ahead of planned €12bn merger

Canadian gambling group cuts jobs in Dublin ahead of planned €12bn merger

Stars Group has been reducing staff levels as it eyes deal with Paddy Power owner Flutter

Mon Mar 02 2020 - 05:00
Former Glanbia boss joins board of Goodman’s ABP Food

Former Glanbia boss joins board of Goodman’s ABP Food

John Moloney is joining board along with one of owner’s sons, Mark Goodman

Fri Feb 28 2020 - 03:45
Coronavirus wipes €6.7bn off value of shares in Dublin

Coronavirus wipes €6.7bn off value of shares in Dublin

In London the Ftse 100 index has haemorrhaged €178bn since the beginning of the week

Thu Feb 27 2020 - 22:06
Wall Street hammered on coronavirus fears while Dublin dips 4%

Wall Street hammered on coronavirus fears while Dublin dips 4%

Markets report: European stocks mark their weakest close in more than four months

Thu Feb 27 2020 - 21:15
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