C&C names new finance chief to allow CEO drop dual roleUK drinks industry veteran Andrew Andrea will join C&C in March after stint leading Marston’sMon Dec 18 2023 - 07:55
CRH offers to buy Sydney-listed Adbri in €1.3bn deal as it boosts Australian presenceBuilding materials giant says plan to take 57% stake would ‘strongly complement’ existing Australian businessMon Dec 18 2023 - 07:32
Datalex’s new CEO has little room for error as clock ticks on expensive Desmond loansCorkery is set to finish up in Datalex in a few weeks’ time, having officially handed over the CEO reins to his successor, Jonathan Rockett, early last monthSat Dec 16 2023 - 06:00
Investor fund receives 1,300 claims from BlackBee Investments clientsInvestor compensation company says it is not yet known if liquidation of Cork-based firm will lead to any compensatable lossesFri Dec 15 2023 - 16:56
PTSB secures regulatory nod to return to paying dividends for first time since crisisLender’s prospects have been transformed in recent timesFri Dec 15 2023 - 14:21
Hostelworld boss: ‘There are parts of the world where hostellers’ budgets can go much further’Hostelworld is planning how to win the minds of everybody from Baby Boomers to Gen-XersFri Dec 15 2023 - 05:15
'The Irish economy is slowing': ESRI cuts domestic growth forecast againESRI expect domestic demand to rise by just 0.6% this year, with GDP to shrink by 2.7%Thu Dec 14 2023 - 00:15
Datalex signs up Air Macau for Chinese shopping and seat pricing productDeal comes less than a week after easyJet went live with Irish travel software group’s merchandiser productWed Dec 13 2023 - 17:45
Cost of car insurance claims jumps by 25% amid rising inflation and crash rates Half of all motor insurance injury claims settled last year were resolved under personal injury guidelines adopted in April 2021Wed Dec 13 2023 - 00:08
M&S back in fashion as shares double in value so far this yearRetailer appears set to capitalise on its older, wealthier clienteleSat Dec 09 2023 - 06:00
SME lender Flender restructuring debt to erase parental and Revenue liabilitiesNon-bank lender has backing of main finance provider and is in talks with two other potential sources of funds to continue to lend into small-business market, according to documentsSat Dec 09 2023 - 06:00
Bank of Ireland expands stock awards plan to wider top executives tableBank hands seven of its 12-member group executive committee combined 27,995 shares valued €240,337Fri Dec 08 2023 - 08:54
Macquarie and Aramark shortlisted for reboot of mortgage-to-rent schemeHome for Life, the only private sector participant in the previous pilot scheme, is said to not currently be on the short listThu Dec 07 2023 - 05:30
Arachas promotes Joey Wynne to CEO roleMove comes as current boss moves to new position at ArdonaghWed Dec 06 2023 - 18:11
Credit union loans jump as demand for retrofitting and mortgages growsDespite mortgage growth, sector remains mostly focused on unsecured lendingWed Dec 06 2023 - 06:00
Property specialists pose greatest risk among non-bank SME lenders in credit shock, report findsNon-banks became important source of funding for SMEs after 2008 financial crashTue Dec 05 2023 - 14:24
Bank of Ireland drops mortgage offering through UK Post Office and ends UK AA partnershipLender will continue to offer savings productsTue Dec 05 2023 - 12:59
Former Bank of Ireland executive John O’Beirne joins US fintech Square as Europe headNew role to oversee Dublin office with 300 employeesTue Dec 05 2023 - 05:53
European shares pause for breath after gains last weekBanking stocks in focus, with AIB and Bank of Ireland down 0.7% each as sector followers speculate on ratesMon Dec 04 2023 - 18:49
Three shortlisted bidders circle HealthBeacon as examiner sets date for final offersEmbattled medtech had secured 12 expressions of interest last month after filing for examinershipMon Dec 04 2023 - 06:00
Iseq 20 companies slow at appointing women to top executive roles, boardroom survey finds Women hold just 13% of all executive board positions in Iseq 20 firms, while number of women non-executive director roles is on the increaseMon Dec 04 2023 - 05:30
Pat Cooney-led Boann Distillery secures €5m AIB loan to expand plantsCompany plans complete a visitor centre at its site on the Platin Road in DroghedaMon Dec 04 2023 - 05:00
Greencore rally brought to a halt by sushi slump and rising wagesShares in the group slid by as much as 9% this week as investors digested resultsSat Dec 02 2023 - 06:11
Davy chief Bernard Byrne: ‘The Davy of today is different to that of 2021’Byrne talks about his difficult time with AIB, dealing with the Anglo bond sale scandal at Davy, and the future of the stockbroking firm after he departsFri Dec 01 2023 - 05:49
Energy trader ElectroRoute slips into loss amid price volatilityEnergy trader grappling with volatile power marketsFri Dec 01 2023 - 00:01
European shares hit two-month high on hopes of future rate cutsSlowdown inflation spurs sentiment that interest rates may soon start to fallThu Nov 30 2023 - 18:19
PTSB hikes 40-day notice deposit account rateIrish lenders have come under growing pressure to pass on a portion of ECB rate hikes to saversThu Nov 30 2023 - 16:28
Central Bank fines fund €192,500 for failing to report financial contractsGlobalReach Multi-Strategy Icav sanction is first monetary penalty regulator has imposed on an investment fundThu Nov 30 2023 - 14:57
Digicel bondholders line up former Nokia chief as Denis O’Brien loses controlO’Brien will see his stake decline to 10% as consortium takes control of mobile businessWed Nov 29 2023 - 15:21
Applegreen racks up €128.5m losses in first 22 months after take-privateForecourt retailers financing costs jump to €141.6 millionWed Nov 29 2023 - 06:00
Bernard Byrne to step down from Davy in 2024 after five yearsFormer AIB chief executive joined Davy in early 2019 and took over the running of the firm in March 2021 as senior figures exited in the wake of a Central Bank fineTue Nov 28 2023 - 13:05
European shares start week lower as healthcare stocks dragIrish market pulled down by heavyweight firmsMon Nov 27 2023 - 17:49
Ulster Bank prepares for €477m ‘offset mortgages’ sale by changing loan termsAffected customers will receive an average goodwill payment of €12,650, equating to double the expected future benefit of the offset facilityMon Nov 27 2023 - 15:00
Molton Ventures to buy smaller UK peer Forward PartnersCompany raises £55 million in share saleMon Nov 27 2023 - 11:51
Aryzta shares drop from five-year highs as sales growth easesOrganic revenue growth slips to an annual rate of 6.5 per centMon Nov 27 2023 - 10:51
Banks’ instant payment app was doomed when Revolut became a verb in IrelandMainstream banks’ payments systems have been among the most neglected areas for investment and development for decadesSat Nov 18 2023 - 06:01
Austrian-owned MoCo starts ‘soft launch’ of Irish mortgagesStart-up’s executive team at MoCo is led by former AIB executive Aidan SherryFri Nov 17 2023 - 12:19
Humphreys to start search for firm to run €150m pension auto-enrolment scheme ‘within weeks’Tata Consultancy Services, FNZ Group and Accenture said to be among firms preparing to bid for the 10-year contractFri Nov 17 2023 - 06:00
Pensions auto-enrolment: The huge pensions shake-up that 70% of us don’t know aboutFirst proposed in 2006, auto-enrolment of workers is slated to start in the second half of next year, after years of delays and false dawnsFri Nov 17 2023 - 05:22
Irish banks abandon Revolut rival plan after series of delaysSynch Payments was backed by AIB, Bank of Ireland and Permanent TSBWed Nov 15 2023 - 12:42
AIB sheds most remaining crisis-era problem loans to Cerberus for €100mSale includes commercial property debt and small-business loans, mostly in arrears or a recovery processWed Nov 15 2023 - 11:01
Mainstream cedes stake in Chile portfolio to lenderDeal forms part of wider restructuring of debt of two companies linked to key solar and wind portfolioTue Nov 14 2023 - 18:18
Bank of Ireland agrees average of 4% pay hike Health insurance contributions of up to €1,400 per year for employee also part of packageTue Nov 14 2023 - 17:00
Tullow shares surge as new Glencore loan facility ‘marks major turning point’€375m provision will be available for 18 monthsMon Nov 13 2023 - 14:34
Melior takes major stake in solar panel and heat pump installer NRG PanelIt is understood Melior's investment in NRG Panel is at the lower end of between €10 million to €30 millionMon Nov 13 2023 - 05:30
Dublin bourse seeks stamp duty relief for market aimed at dual Irish-US listings Move comes as Flutter Entertainment became the latest heavyweight company to signal it is quitting the Irish marketSat Nov 11 2023 - 06:00
Goodbody Stockbrokers made €15.8m loss last year amid ‘unprecedented’ sector woesCEO says results reflect the unprecedented set of challenges faced by investment banks globallySat Nov 11 2023 - 06:00
Mainstream’s stock market IPO off the table amid financial woes in Chile Company founded by Eddie O’Connor has racked up more than €1bn in pretax losses since start of 2022 amid issues in Chilean businessSat Nov 11 2023 - 06:00
Apple tax case may drag on ‘close to 2030’ as court rerun loomsProcess has taken seven years from commission’s 2016 determination to this point and similar timeframe likelyFri Nov 10 2023 - 05:36
Apple ruling: Why does it matter and what are the consequences for Ireland?European Court of Justice advocate general’s findings has sent shockwaves from Dublin to Silicon ValleyThu Nov 09 2023 - 14:10
