OECD urges Central Bank to add consumer representatives to advisory groupOrganisation also suggests regulator assess how effective are ‘dear CEO’ letters to industry bossesMon Dec 16 2024 - 10:07
PTSB goes for job cuts as bloated costs stand out among European peersBank won’t how many jobs it aims to cut but the number will need to run into the hundreds to have any meaningful impactSat Dec 14 2024 - 06:00
Looming launch of auto-enrolment pensions means no honeymoon for incoming ministerCompanies have just nine months to prepare for mandatory workplace pension contributions from around 800,000 workersFri Dec 13 2024 - 05:00
ECB cuts rates for fourth time since JuneQuarter point cut in lending rate to 3.15% will mean saving of €40 a month for those with a €300,000 mortgageThu Dec 12 2024 - 13:17
William Fry confirms talks with Eversheds’ Irish arm as tie-ups gather paceMove would come amid wave of consolidation in the legal sectorThu Dec 12 2024 - 12:51
Credit unions’ mortgage and business lending capacity set to treble to €8.6bnCentral Bank plans to allow such lenders to provide up to the equivalent of 30 per cent of their total assets by way of home mortgagesWed Dec 11 2024 - 11:00
PTSB opens redundancy scheme that could see hundreds leave bankInitiative comes after programme for senior mangers aimed at cutting 20 positionsTue Dec 10 2024 - 14:09
NTMA taps experts from Norway to New Zealand for new sovereign wealth fundsFuture Ireland Fund estimated to hit €100bn by 2035Tue Dec 10 2024 - 11:46
Trump’s favourite index is tipped to rally further in 2025. But will he get in the way?S&P 500 is tipped to gain 7% next year, but will it?Sat Dec 07 2024 - 06:00
Energia pays additional €110m dividend to New York owner in advance of planned saleEbitda declined 6.3% to €79.5m in three months to end of September, following increasesFri Dec 06 2024 - 06:00
Tullow shares slide as ‘turnaround’ CEO plans to step downCompany’s net debt peaked at $4.8 billion at end of 2016Thu Dec 05 2024 - 14:41
Biggest Irish nursing home firms see losses mount after slew of takeoversSector still hit by rising running and borrowing costsThu Dec 05 2024 - 06:00
Central Bank governor more cautious on large ECB rate cuts Gabriel Makhlouf raises prospect of ‘sharp’ fall in stocks prices amid heightened technology sector valuationsWed Dec 04 2024 - 17:01
Greencore eyes return to acquisitions trail as profits top forecastSandwich maker’s results top its own forecastsTue Dec 03 2024 - 12:43
Dublin-listed Malin’s shot in the arm from share in $1.5bn deal will hasten its demiseIt would bring an end to the rollercoaster ride investors have endured since it floated nine years agoSat Nov 30 2024 - 06:00
AIB agrees to 4% pay hike next year as three-year deal comes to an endAgreement with Financial Services Union will see increase of €2,000 for lowest paid staff, bringing minimum salary to €30,000Fri Nov 29 2024 - 10:04
Former Goodbody analyst co-founds real-estate consultancy Lauder TeacherCompany eyes gap between traditional investment banks and conventional communicationsThu Nov 28 2024 - 12:22
NTMA to raise as little as €6bn next year amid strong surplus forecast Department of Finance estimates record State surplus this year of €23.7bn - 7.5% of domestic economyThu Nov 28 2024 - 11:08
European shares fall amid concerns over French budgetInvestors looking for signals on impact of incoming Trump presidency on trade, inflation and interest ratesWed Nov 27 2024 - 18:47
Norwegian hotels investor builds 5.45% stake in DalataCompany declines to say if it has plans to increase its holding but denies any strategic stakebuildingWed Nov 27 2024 - 16:33
Arachas profits rise 30% as it continues deal-makingCompany has been one the most acquisitive brokerage groups in the Republic in recent timesWed Nov 27 2024 - 08:00
Motor-to-agri lender First Citizen slides to €11.7m loss Nonbank lender struggles to pass on rising funding costs to customersWed Nov 27 2024 - 06:00
Facebook parent’s Irish arm pays €900m dividend as profit risesSocial media giant sees turnover near €70bnTue Nov 26 2024 - 16:21
Digicel faces US justice department investigation over possible breachesMobile phones group founded by Denis O’Brien reported itself over possible violations of US Foreign Corrupt Practices ActTue Nov 26 2024 - 12:03
Malin soars 37% as main investment to be bought by RocheOverall deal for Poseida, in which Dublin-based firm has 12% stake, is worth €1.4bnTue Nov 26 2024 - 11:24
Housing bodies to assess removal of their borrowings from State balance sheetAHB sector is the most active bulk buyer of homes in the countryTue Nov 26 2024 - 06:00
PrepayPower owner’s sales up 23% last year on price rises and more customers Turnover tops €376m for the yearTue Nov 26 2024 - 06:00
AIB commits €20m to sustainability education and researchMary Robinson addresses bank’s eighth annual sustainability conferenceMon Nov 25 2024 - 07:02
Search for auto-enrolment asset managers to start within weeksOfficials now plan flat charge on participants to run scheme which will hit lower paid people harderMon Nov 25 2024 - 05:33
Teneo’s Irish profits jump on restructuring unit growth and German dealFirm’s client roster includes Bank of Ireland, Circle K, British and Irish Lions rugby, Fáilte Ireland, Aer Lingus, Toyota and Dublin ZooMon Nov 25 2024 - 05:00
Credit unions report 51% jump in mortgage lending in year to SeptemberCommunity lenders hoping Central Bank will further ease mortgage lending rules in review due to conclude next monthMon Nov 25 2024 - 05:00
AIB moves some bad-loan risks off balance sheet to support investor payoutsSignificant risk transfer agreement sees institutional investors take on part of the risk of losses on €1bn of corporate loans in portfolioMon Nov 25 2024 - 05:00
Royal London enters fast-growing Irish PRSA marketFlexible personal pension model has been boosted by government efforts to steer business owners away from single-member schemesMon Nov 25 2024 - 04:59
Ireland’s corporate tax boom makes the front page of the Wall Street JournalSeen & Heard: Party manifesto funding ‘holes’; Daft.ie nears €300m sale; Buyer for Bord na Móna recycling operationSun Nov 24 2024 - 11:06
Volkswagen woes reflect wider German malaise as election nearsGerman car industry languishing amid struggle to master electric vehiclesSat Nov 23 2024 - 06:00
Pepper operating profits fall amid €4.5m hit from undercharging errorFinancial hit lowered operating profit almost 17% to €8.75m according to annual financial statementFri Nov 22 2024 - 15:18
McCanns win votes to take Balmoral private amid cries of ‘corporate greed’Small shareholders face being squeezed out under dealThu Nov 21 2024 - 15:36
Gardaí prepare DPP file amid investigation into funds industry figurePerson at centre of inquiry is veteran of State’s international funds sectorThu Nov 21 2024 - 06:10
Ex-Mainstream chief’s Aer Soléir signs Greek windfarm deal with AmazonNew purchase agreement meets Amazon commitment to net-zero carbon operations by 2040Wed Nov 20 2024 - 10:34
Israeli embassy and Germany’s second World War mission in Dublin face receivership saleMel Sutcliffe’s Quanta Capital says receiver has been appointed to 27 property assets that it manages by lender Relm FinanceWed Nov 20 2024 - 05:00
FBD names former Tirlán CEO as next chairmanJim Bergin to take up post next MayTue Nov 19 2024 - 16:23
Bank of Ireland cuts all its fixed home mortgage rates by 0.5% Move puts lender’s rates close to rival AIB as analysts expect European Central Bank to cut interest rates again in DecemberTue Nov 19 2024 - 10:07
US investor SVP confirms deal to buy Blanchardstown CentreDeal is reckoned to be worth €600mMon Nov 18 2024 - 15:17
Big ECB rate cut in December ‘not inevitable’, warns MakhloufCentral Bank governor insists he is ‘chilled’ on inflation reaching 2% targetMon Nov 18 2024 - 11:58
DCC renounced its roots in bid to lure investors down a green pathCEO Donal Murphy has continued the sell-off trend, announcing plans to exit two of DCC’s remaining businesses in healthcare and technologySat Nov 16 2024 - 06:00
New health insurance company backed by Aviva claims it can offer ‘meaningful savings’ New health insurance company to go public with its offering todayFri Nov 15 2024 - 06:00
Buswells Hotel, opposite Leinster House, may be bought by London-based property firmRoundstone Real Estate understood to have secured financing from company owned by nephew of JP McManusFri Nov 15 2024 - 06:00
Flutter CEO signals bid interest in Italy’s main lottery licenceUS market dominates growth for company, with revenues jumping 51%Wed Nov 13 2024 - 15:10
Children’s Hospital builder rejects ‘ill-informed’ overruns talk as profits soar 79%Estimated cost of facility being built by BAM Contractors has soared to €2.2bnWed Nov 13 2024 - 12:47
DCC shares soar on plan to abandon conglomerate roots to focus on energy sectorCompany plans to sell healthcare division, review options for technology businessTue Nov 12 2024 - 07:38
