Irish savers placing less cash in high-rate deposit accountsAlmost 87% of Irish household savings held in on-demand or current accounts earning average of 0.14%Wed Jan 15 2025 - 11:59
PTSB cuts mortgage pricing to include market-leading 3% rateLender’s share of new mortgages has slid from 25% to 13.4% in recent timesWed Jan 15 2025 - 10:20
Hostelworld revenues dip as backpackers flock to low-cost Asia and Central AmericaNet bookings grew 6% on the year to 6.9mTue Jan 14 2025 - 08:38
Grafton Group sales decline 2.7% in 2024 amid weak UK and Finnish marketsNo significant pick up in volumes expected amid ’relatively insipid’ economic growth in key marketsTue Jan 14 2025 - 08:15
Avant Money informs Irish customers that it will become full fledged bank here in AprilNonbank lender currently offers mortgages, credit cards and personal loansMon Jan 13 2025 - 17:45
Wall Street investors ask if CRH’s new boss will hive off non-US assets, including IrelandScale and prospects of US business drove 2023 decision to move CRH’s primary stock market listing to New YorkSat Jan 11 2025 - 06:00
Glenveagh operating profit soars 86% as house sales and margins riseHome builder sees sales continue to surgeFri Jan 10 2025 - 08:24
Coulson quits Ardagh unit with riskiest bonds as restructuring loomsBonds issued by ARD Finance are currently trading as low as 9.5 cent on the dollarFri Jan 10 2025 - 06:15
Alvarez & Marsal opens Irish office after hiring a former KPMG managing directorNew York-based firm has established a corporate finance practice and aims to hire up to 20 people over the next two yearsThu Jan 09 2025 - 06:00
Ardagh enlists restructuring experts to board as it looks to cut €12bn debtDebt of Paul Coulson’s packaging group is seen as too high by analysts as outlook for glass bottles unit weakensWed Jan 08 2025 - 11:52
Finance officials wedded to end-2025 Nama windup even as law delayedGovernment aimed for agency to take over IBRC by end of 2024 or early this year - but enabling legislation was stalled by general electionWed Jan 08 2025 - 10:55
Deutsche Bank sees AIB interest income falling 11% as it cuts stock ratingBank’s underlying pretax profit should fall almost 22 per cent this year to €2.05 billion, report estimatesTue Jan 07 2025 - 16:45
Poolbeg Pharma secures backing from major investor in merger targetUS biopharma giant Gilead, which owns 19.4 per cent of Hookipa, plans to support unionTue Jan 07 2025 - 10:57
Bank of Ireland starts deposit rate cuts after ECB reductionsCentral bank has cut its key deposit rate by a total of 1 percentage point to 3% since JuneTue Jan 07 2025 - 10:20
Target-beating €12.8bn exchequer surplus to aid coalition talksDepartment of Finance data show total tax receipts soared almost 23% to record €108bn last yearTue Jan 07 2025 - 06:00
Ireland’s tax take hits record €108bn after €11bn Apple boostTotal corporation tax receipts soared 64% to €39.1bn in 2024Mon Jan 06 2025 - 16:30
Irish virtual reality firm Engage XR’s shares slide on sales warningShares fall more than 8%Mon Jan 06 2025 - 12:52
Queen Elizabeth’s former press secretary to chair Lauder TeacherIndustry veteran to head property communications to consultancy business cofounded by Goodbody analystMon Jan 06 2025 - 09:30
Dublin is 9th most expensive city in Europe to live and 4th for rental costsLooking only at rent costs, Dublin ranked behind London, Zurich and Geneva and ahead of Amsterdam and Luxembourg, the Numbeo survey showsMon Jan 06 2025 - 06:24
Irish corporate insolvencies hit six-year high in 2024, PwC report showsInsolvencies rose by 16% last year, although the fourth-quarter saw a drop in company collapses, report by Big Four firm notesMon Jan 06 2025 - 05:58
Dublin-based Brera football investment group racks up €8m losses as a public company Brera holds stakes in a number of small football clubs in Europe and elsewhere and also had a small stake in Manchester UnitedMon Jan 06 2025 - 05:57
PTSB staff have days to apply for redundancy packagesBank’s executive team is expected to take a number of weeks following the deadline for receipt of applications to determine how many staff it plans to let goSun Jan 05 2025 - 14:48
Irish dealmaking rises 5% in 2024 to buck global trendM&A activity rises despite worldwide slowdownSat Jan 04 2025 - 06:00
Grant Thornton Ireland and US firm complete merger of non-audit businessesIrish firm generated about €300 million of revenues in 2024Fri Jan 03 2025 - 16:35
Tullow shares soar as Ghana tax victory will help $1.4bn debt refinancingInternational arbitration organisation rules Africa-focused explorer will not have to pay a $320m Ghana tax billFri Jan 03 2025 - 09:27
Cathal Friel-chaired Poolbeg Pharma’s shares plunge on US tie-up talksDonegal native has been behind a number of pharma deals in past decadeThu Jan 02 2025 - 10:27
Malin and homebuilders Cairn and Glenveagh shine on Iseq in 2024 Irish stock market up about 11% for the year so far, despite heavyweight defections to Wall StreetTue Dec 31 2024 - 06:00
Mixed year for Irish banks amid falling rates, increasing competition and UK car finance reviewAIB leads the three main lenders yet clouds may be on the horizonTue Dec 31 2024 - 06:00
Second-hand home prices likely to jump 10% next year, Sherry FitzGerald expectsNo end in sight for rising house prices as demand continues to exceed supplyMon Dec 30 2024 - 06:00
Republic may hold off on early bond sale in 2025State’s National Treasury Management Agency has been traditionally one of the first debt offices to sell bonds in JanuaryMon Dec 30 2024 - 06:00
McDonald’s former global insurance hub in Dublin returns licenceFast food giant had used Ireland as its insurance base for decadesMon Dec 30 2024 - 06:00
Job permits hit record high amid surging demand for workersIndian nationals top list of workers to secure permits to work in the RepublicSun Dec 29 2024 - 14:52
From Apple’s record valuation to Zara’s share surge: An A-Z of financial markets in 2024It was a challenging year for some listed companies and a record year for CEO departuresFri Dec 27 2024 - 08:00
Kerry Group shareholders vote through dairy processing deal with co-opDeal includes Dairygold, Charleville and Cheesestrings brands and is worth a total of €500m which will be funded through buyback of some co-op shares and debtThu Dec 19 2024 - 17:42
Kenmare shares dip as new Mozambique deal drifts amid civil unrestExtension will not be finalised before existing 20-year deal expires this weekend but company says terms are agreed in principleThu Dec 19 2024 - 12:19
Newry-based FD Technologies confirms £120m share buyback plan after unit saleCompany recently sold former core part of businessThu Dec 19 2024 - 11:54
Corre raises €4m from sale of Dutch battery energy storage stakeShares in renewable energy storage developer have plunged more than 92% so far this year amid funding concernsThu Dec 19 2024 - 11:42
Former Davy owners secure €48m settlement with Bank of Ireland to resolve legal disputesAilmount sued bank in July 2023, claiming it had failed to make a payment of €19.7m due as part of the acquisitionThu Dec 19 2024 - 06:15
Goldman Sachs sale of Blanchardstown Centre priced at 25% discount to 2020 dealInvestment bank took it over four years agoThu Dec 19 2024 - 06:00
CPL Resources sees profits rise before Bain buyout of parent Anne Heraty, who co-founded recruitment firm in 1989, exited board in JulyWed Dec 18 2024 - 11:08
Tullow shares rally after Kosmos drops bid Irish founded explorer had slumped after initial report Kosmos had walked awayWed Dec 18 2024 - 09:56
Irish-led Arachas owner valued at €13.4bn under fresh investment dealDeal values Ardonagh Group at almost double the level achieved in a previous fundraising round three years agoWed Dec 18 2024 - 09:15
Facebook owner fined €251m by Irish data regulator for breachesMeta Platforms fine tied to 2018 data breach impacting 29m Facebook accounts globallyTue Dec 17 2024 - 15:26
RTÉ's Will Goodbody hired by AIB as head of external communicationsBroadcaster’s business editor to take up role just before bank’s annual results announced in MarchTue Dec 17 2024 - 15:18
Top finance official raises risks to public finances from surge in housing body dealsApproved Housing Bodies had €7bn of borrowings at the end of last year on €8.3bn of housing stockTue Dec 17 2024 - 05:56
European shares dip on weak luxury and energy stocks and French downgradeIseq index falls 1.2%, with AIB and Bank of Ireland edging lowerMon Dec 16 2024 - 20:05
Kerry co-op members approve dairy processing deal Co-op shareholders in line to split €1.4bn worth of Kerry Group sharesMon Dec 16 2024 - 16:12
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
