Irish energy trading firm eyes fast-growing Japanese power marketMitsubishi Corporation acquired 60% stake in ElectroRoute in 2016 for an undisclosed sumFri Nov 06 2020 - 04:00
Accounting watchdog warns firms against ‘boilerplate’ Covid notesAuditing & accounting supervisory authority notes ‘diversity of quality of reporting’Thu Nov 05 2020 - 05:11
Euronext Dublin profits soar to €17.2m after staff cutsStock exchange is world leader for listing debt instruments but fees from shares fallWed Nov 04 2020 - 17:27
CPL agrees €318m takeover by Japan’s Outsourcing IncRecruitment group’s founder CEO Anne Heraty and husband set for €110.9m pay dayWed Nov 04 2020 - 07:42
Smurfit Kappa shares jump on robust results and dividendCardboard box-maker forecasts full-year earnings will decline as much as 11.5%Wed Nov 04 2020 - 07:36
Aryzta activist investors seek to continue board overhaulCobas, Lodbrook propose not to re-elect four members to board of Swiss-Irish food groupTue Nov 03 2020 - 17:40
PTSB’s Covid-19 loan loss provisions rise to €87mBank continues to monitor impact of Covid-19 on borrowersTue Nov 03 2020 - 16:03
Legal bills eat up a third of motor injury settlements, data showsMotor insurance premiums fell 9% last year from mid-2018 after 66% surge over five yearsTue Nov 03 2020 - 06:15
Irish insurers’ motor profits surge 9% to €142m, Central Bank saysCost of insurance claims fell to 59% of motor premiums in 2019 from 92% peak in 2014Tue Nov 03 2020 - 05:04
AIB aiming for ‘green lending’ to account for 70% of new customers by 2030Bank to lend for renewable energy projects, energy-efficient homes and electric vehiclesMon Nov 02 2020 - 17:22
Irish homeowners must see rates relief if they make it through Covid turmoilMortgage holders in Ireland repay €80,500 more than the EU average on a €300,000 mortgage over 30 yearsFri Oct 30 2020 - 15:55
INBS failed to check major property clients’ ability to repay, inquiry hearsPublic hearings into defunct lender resume after Covid-19 delayFri Oct 30 2020 - 15:00
NatWest CEO declines to give timeline for Ulster Bank decisionAlison Rose reiterates bank is continuing to review the strategy of its Irish armFri Oct 30 2020 - 08:31
AIB reports better than expected results in face of CovidBank is preparing plans for ‘future shape’ of business by year-endFri Oct 30 2020 - 07:46
AIB signals confidence as it moves to redeem €750m of junior bondsLender moves to buy back notes carrying 4.13% interest at first possible opportunityThu Oct 29 2020 - 13:47
Grafton Street landlord cuts high street property values by 26%Covid-19 has decimated retail trading in the city centreThu Oct 29 2020 - 05:00
Bank of Ireland takes €169m charge for 1,700 job cutsCustomers on payment breaks drop to 20% of original 106,000 payment holidays grantedWed Oct 28 2020 - 07:41
EU bank watchdog may need to revisit payment breaksFurther economic decline due to Covid-19 could warrant loan flexibility, ECB saysTue Oct 27 2020 - 18:52
Saudi Arabia’s Zahid increases stake in Dalata Hotels to almost 10%Holding is worth €54m based on current market pricesTue Oct 27 2020 - 17:11
CRH sells Brazilian cement business for $218mIrish building materials giant is reducing its footprint in emerging markets, says analystTue Oct 27 2020 - 08:16
PTSB plays down Ulster Bank talk as it sells €1.4bn of loansBuyer of the mortgages, Citigroup, will refinance the buy-to-let loans on bond marketTue Oct 27 2020 - 07:28
Some Irish money market funds came close to danger in MarchInvestors withdrew 10% of €574bn of assets at height of Covid-19 global financial shockMon Oct 26 2020 - 04:45
Aryzta to pursue asset sales as takeover talks failCompany says discussions with Elliott Advisors have concluded without binding offerSun Oct 25 2020 - 15:39
Nama grants Ronan four-month extension on €160m glass bottle site dealUnderbidders had contacted Nama in September to express continued interest in siteSat Oct 24 2020 - 07:30
Irish banks push Iseq higher as Barclays results cheer investorsEuropean markets still post biggest weekly drop in a monthFri Oct 23 2020 - 18:17
Paul Coulson’s big bet on cans leaves Ardagh disciples waitingMarket Beat: Containers giant investing $1.8bn on building out can-making facilitiesFri Oct 23 2020 - 15:15
Paul Coulson plans record $1.8bn Ardagh investmentGlass and metal containers giant expanding drink cans businessThu Oct 22 2020 - 12:58
JP Morgan Ireland’s profit doubles to $16.5 millionAverage assets under custody rise 11% to $344.6bn and asset-based fees rise to $44.2mThu Oct 22 2020 - 11:49
Paschal Donohoe expects ‘some kind’ of OECD digital tax agreement in 2021Meaningful talks impossible until after the US elections next monthWed Oct 21 2020 - 18:51
Central Bank governor says Level 5 restrictions will further hit domestic demandMakhlouf warns that decline will be greater than 7% forecastWed Oct 21 2020 - 17:23
Central Bank reports ‘suspected criminal’ tracker offences to GardaRegulator obliged to report potential criminal activity if it comes across itWed Oct 21 2020 - 16:53
Ulster Bank tells ‘deeply concerned’ Minister no decision yet on futureVirtual meeting with Paschal Donohoe as bank considers wind-downWed Oct 21 2020 - 16:24
Deutsche Bank says Irish borrowers face long wait for lower rates‘Unfairly high’ capital reserve levels to blame for higher interest rates on loans, say analystsWed Oct 21 2020 - 12:51
Tullow Oil shares spike as $500m Uganda proceeds due ‘within days’Sale of Tullow’s stake in the project is a crucial part of its debt-reduction strategyWed Oct 21 2020 - 12:39
Aryzta board divided as Elliott takeover talks dragBaking company has been approached by almost 20 parties interested in businessWed Oct 21 2020 - 05:00
Ulster Bank to meet Paschal Donohoe to discuss bank’s futureParent company NatWest is considering winding business downTue Oct 20 2020 - 18:56
‘Tailored’ loan relief better than blanket breaks as Level 5 looms – Central BankStruggling borrowers should be offered payment breaks on case-by-case basisTue Oct 20 2020 - 18:26
KBC Ireland turns down WRC meeting over hub closuresUnion sought intervention as it failed in trying to get bank to engage with itTue Oct 20 2020 - 16:01
Bank of America names new head of EU hub as Brexit loomsFernando Vicario will move to Dublin and also become chief country officer for IrelandTue Oct 20 2020 - 15:15
Central Bank finds litany of shortcomings in fund firmsRegulator is demanding immediate actionTue Oct 20 2020 - 12:53
Banks urge borrowers facing hit from new restrictions to engageLenders no longer offering general payment breaks but treating customers on case-by-case basisMon Oct 19 2020 - 20:54
Ex-Origin Enterprises CEO O’Mahony receives €1m exit paymentPay package fell to €526,000 in final 11 months with businessMon Oct 19 2020 - 18:56
Wall Street’s ‘meh’ feeling towards Biden doesn’t extend to green-energy stocksESG investing has grown from a niche area to a $30tn market since financial crisisFri Oct 16 2020 - 15:18
Cerberus eyes Ulster Bank’s €20.5bn loan book in the RepublicLender’s UK parent NatWest said to be actively considering exiting the marketFri Oct 16 2020 - 11:10
AA Ireland’s new owner taps Liberty executive for CEOCurrent AA Ireland chief executive Brendan Nevin will remain at the helm for a transition periodFri Oct 16 2020 - 04:27
Financial Services Union mounts campaign to ‘save’ Ulster BankWind-down of the business being considered as part of a strategic reviewThu Oct 15 2020 - 16:15
Irish borrowers secured second-highest payment breaks in EuropeOver 13% of Irish loans to households and businesses were subject to payment freezesThu Oct 15 2020 - 10:26
Legislation for affordable housing due ‘within weeks’First homes under scheme to be available for purchase next year, says MinisterWed Oct 14 2020 - 23:26
Firms run by ‘demanding from top down’ more likely to fail, says ex-Wirecard CEOFormer US official who took over at e-payments giant urges businesses to be openWed Oct 14 2020 - 15:39
Mainstream sees its assets grow 37% ahead of salePower company has hired investment bank Rothschild to find equity partner to help finance the development of its projectsWed Oct 14 2020 - 05:00
