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Irish-led sports event supplier raises €10.5m in emergency cash call

Irish-led sports event supplier raises €10.5m in emergency cash call

Covid hits business at Arena Events, which puts temporary facilities in place for events from Cheltenham to Wimbledon and the Open

Thu Mar 26 2020 - 13:29
Irish shares dip as rally across European markets runs out of steam

Irish shares dip as rally across European markets runs out of steam

Rapidly spreading coronavirus, fears of deep global recession overshadow stimulus deal

Thu Mar 26 2020 - 09:01
Irish and European stocks rally for a second day on stimulus plans

Irish and European stocks rally for a second day on stimulus plans

Markets in US record first back-to-back gain since a brutal sell-off began last month

Wed Mar 25 2020 - 20:24
Central Bank to press insurers on customer rights amid Covid-19 stand-off

Central Bank to press insurers on customer rights amid Covid-19 stand-off

Firms with business interruption cover being told they are not eligible for compensation

Wed Mar 25 2020 - 19:11
Chinese €155m takeover of Goodbody gets Central Bank approval

Chinese €155m takeover of Goodbody gets Central Bank approval

Terms of deal unaffected by coronavirus crisis

Wed Mar 25 2020 - 11:03
Malin sees clinical trials delays amid Covid-19 crisis

Malin sees clinical trials delays amid Covid-19 crisis

Germ-zapping robot firm backed by Malin sees spike in demand amid virus outbreak

Wed Mar 25 2020 - 09:41
Coronavirus: Irish Ferries owner delays agm to protect shareholders

Coronavirus: Irish Ferries owner delays agm to protect shareholders

ICG meeting pushed back from May 12th, with vote on final dividend of 2019 deferred

Wed Mar 25 2020 - 07:48
Central Bank urged to address insurers rejecting Covid-19 claims

Central Bank urged to address insurers rejecting Covid-19 claims

Lobby group urges regulator to address stand-off between businesses and insurers

Wed Mar 25 2020 - 03:54
Irish shares rally on hope of fiscal stimulus

Irish shares rally on hope of fiscal stimulus

Wall Street opened higher on signs of Washington economic rescue package

Tue Mar 24 2020 - 17:03
Irish banks fielding 7,000 calls daily on mortgage breaks

Irish banks fielding 7,000 calls daily on mortgage breaks

Institutions also dealing with 500 calls a day from business customers, BPFI says

Tue Mar 24 2020 - 12:56
Kerry enzymes help ramp up hand sanitisers for HSE

Kerry enzymes help ramp up hand sanitisers for HSE

Global number of confirmed coronavirus cases his heading rapidly towards 400,000

Tue Mar 24 2020 - 10:35
Aryzta moves to save cash as Covid-19 hits demand for baked goods

Aryzta moves to save cash as Covid-19 hits demand for baked goods

Company suspends future capital projects, reduces capacity to meet demand

Tue Mar 24 2020 - 08:07
Applegreen defers bonuses and scraps dividend as Covid-19 hits footfall

Applegreen defers bonuses and scraps dividend as Covid-19 hits footfall

Forecourt retailer says it expects a material reduction in profits this year

Tue Mar 24 2020 - 07:40
Donohoe weighs in as insurers reject Covid-19 claims

Donohoe weighs in as insurers reject Covid-19 claims

Insurance Ireland warn solvency of many insurers could be called into question

Mon Mar 23 2020 - 16:57
US stocks down despite forceful efforts of Federal Reserve

US stocks down despite forceful efforts of Federal Reserve

Iseq slumps again as European shares wallow near seven-year lows amid Covid-19

Mon Mar 23 2020 - 14:00
BofI temporarily closes 101 branches as Covid-19 spreads

BofI temporarily closes 101 branches as Covid-19 spreads

Outlets will continue to provide ATM services

Mon Mar 23 2020 - 13:50
Uniphar shares rise amid Covid-19 business boost

Uniphar shares rise amid Covid-19 business boost

Shares in the company were 5.8 per cent higher at €1.10

Mon Mar 23 2020 - 11:19
Finance Ireland pauses €100m IPO due to Covid-19 damage to markets

Finance Ireland pauses €100m IPO due to Covid-19 damage to markets

IPO on hold amid financial chaos caused by virtual lockdown of global economy

Mon Mar 23 2020 - 05:49
‘Distressed’ AIB valuation makes special dividend unlikely

‘Distressed’ AIB valuation makes special dividend unlikely

Focus will be on assuring investors company can ride out current economic storm

Mon Mar 23 2020 - 05:40
Virus-targeting cleansing system sees 400% Irish sales spike

Virus-targeting cleansing system sees 400% Irish sales spike

Sanity System, headquartered in Italy and US, uses ozone gas to kill bacteria and viruses

Mon Mar 23 2020 - 05:10
Permanent TSB defers agm amid coronavirus crisis

Permanent TSB defers agm amid coronavirus crisis

Greencoat Renewables to proceed with agm on April 29th, but is encouraging shareholders to vote remotely on resolutions

Fri Mar 20 2020 - 17:53
How Lagarde’s flippancy led to godsend for EU governments fighting Covid-19

How Lagarde’s flippancy led to godsend for EU governments fighting Covid-19

Market Beat: Emergency bond-buying programme is blurring the ECB’s mandate

Fri Mar 20 2020 - 17:47
New Ireland joins investment firms restricting property fund cash-ins

New Ireland joins investment firms restricting property fund cash-ins

Firm has restricted investors from taking money out for up to six months

Fri Mar 20 2020 - 16:34
Irish Life and Zurich restrict investors from cashing in property funds

Irish Life and Zurich restrict investors from cashing in property funds

Companies struggling with outflows as uncertainty over Covid-19 sparks withdrawals

Thu Mar 19 2020 - 20:55
Increase in contactless payments limit may not be ready until April

Increase in contactless payments limit may not be ready until April

Banks have agreed to raise threshold from €30 to €50 in effort to reduce handling of cash

Thu Mar 19 2020 - 20:08
Vulture fund managers to follow banks in offering loan payment breaks

Vulture fund managers to follow banks in offering loan payment breaks

Lone Star and Pepper Ireland among firms joining plan for customers hit by Covid-19

Thu Mar 19 2020 - 18:36
Iseq falls again as stimulus-inspired rally fizzles out

Iseq falls again as stimulus-inspired rally fizzles out

The ECB joined peers in Japan, Australia and the US in launching a fresh wave of emergency stimulus

Thu Mar 19 2020 - 13:41
Union calls for industry-wide approach to protect bank branch staff

Union calls for industry-wide approach to protect bank branch staff

FSU estimate between 5,000 and 6,000 staff are working directly in branch networks

Thu Mar 19 2020 - 13:25
Banks shares pricing in worst case scenario of €6bn in stress test losses – analysts

Banks shares pricing in worst case scenario of €6bn in stress test losses – analysts

European Banking Authority defers examinations to 2021

Thu Mar 19 2020 - 12:44
AIB postpones €1.3bn problem mortgages sale amid Covid-19 crisis

AIB postpones €1.3bn problem mortgages sale amid Covid-19 crisis

Distressed debt firms Lone Star and Cerberus thought to be interested in purchase

Thu Mar 19 2020 - 11:38
NTMA sells €500m of short-term debt at negative yield

NTMA sells €500m of short-term debt at negative yield

Sale follows launch of ECB’s €750 coronavirus emergency bond-buying programme

Thu Mar 19 2020 - 11:13
Central Bank will allow banks to free up rainy-day money

Central Bank will allow banks to free up rainy-day money

Move will enable additional €13bn of lending to distressed economy as Covid-19 spreads

Wed Mar 18 2020 - 20:23
Iseq follows Wall Street into red as investor fears outweigh stimulus efforts

Iseq follows Wall Street into red as investor fears outweigh stimulus efforts

Pandemic worries eclipse hopes broad policy support will combat economic fallout

Wed Mar 18 2020 - 20:13
Coronavirus: Banks agree mortgage breaks and repossession deferrals

Coronavirus: Banks agree mortgage breaks and repossession deferrals

Minister calls for contactless payment threshold to be raised from €30 to €50

Wed Mar 18 2020 - 19:58
Activist investor Cevian ups CRH stake to 3.14% after stock slump

Activist investor Cevian ups CRH stake to 3.14% after stock slump

Swedish company backs building materials group to ‘unlock value’ despite Covid-19 crisis

Wed Mar 18 2020 - 14:35
Irish-backed pub giant Mitchells & Butlers warns of ‘significant loss’

Irish-backed pub giant Mitchells & Butlers warns of ‘significant loss’

UK company expects to pass debt covenants test despite sales slump due to Covid-19

Wed Mar 18 2020 - 10:19
Coronavirus: Patrick Honohan urges radical action on EU, ECB

Coronavirus: Patrick Honohan urges radical action on EU, ECB

Former Irish Central Bank chief in charge during financial crisis says ‘no excuse’ for delay

Tue Mar 17 2020 - 21:43
Donohoe to meet bank chiefs as Covid-19 crisis deepens

Donohoe to meet bank chiefs as Covid-19 crisis deepens

Minister will be updated on measures taken by lenders in the past week to combat crisis

Tue Mar 17 2020 - 14:31
Trading halted for 15 minutes in New York as US stocks plunge again

Trading halted for 15 minutes in New York as US stocks plunge again

Banks lead Iseq slump as European equities fall to 2012 lows

Mon Mar 16 2020 - 18:22
Covid-19 wreaks havoc on markets as authorities struggle to keep up

Covid-19 wreaks havoc on markets as authorities struggle to keep up

Up to 30,000 job losses expected in Ireland’s tourism sector amid fears of global recession

Fri Mar 13 2020 - 01:00
European shares slump by record 11.5% after ECB and Trump response to virus

European shares slump by record 11.5% after ECB and Trump response to virus

Coronavirus: Almost €35 billion wiped off value of Irish market in less than three weeks

Thu Mar 12 2020 - 21:02
Christine Lagarde calls for ‘ambitious’ actions as ECB disappoints

Christine Lagarde calls for ‘ambitious’ actions as ECB disappoints

Bank leaves key interest rates unchanged

Thu Mar 12 2020 - 18:19
AIB’s Robert Mulhall approved to head UK unit

AIB’s Robert Mulhall approved to head UK unit

Former head of Irish retail gets go ahead from regulators to succeed Brendan O’Connor

Thu Mar 12 2020 - 05:41
Coronavirus: Central Bank under pressure to let banks tap rainy-day capital

Coronavirus: Central Bank under pressure to let banks tap rainy-day capital

Move could release funds for lending as economy grapples with fallout from virus

Wed Mar 11 2020 - 11:22
Iseq slides in late trading as rally runs out of steam

Iseq slides in late trading as rally runs out of steam

Coronavirus: Analysts caution that markets will remain volatile for the foreseeable future

Tue Mar 10 2020 - 18:16
Coronavirus: Irish banks offer relief to borrowers hit by coronavirus

Coronavirus: Irish banks offer relief to borrowers hit by coronavirus

Goldman Sachs sees coronavirus fallout wiping €30bn off European banks’ profits

Tue Mar 10 2020 - 18:01
US stock markets plunge amid fears over coronavirus, falling oil prices

US stock markets plunge amid fears over coronavirus, falling oil prices

Slump comes as at least four members of Congress go into self-quarantine

Tue Mar 10 2020 - 02:29
Irish market losses top €22.7bn as coronavirus fears spread

Irish market losses top €22.7bn as coronavirus fears spread

‘Black Monday’ sees global shares tumble on Saudi-Russia oil price war and Italy lockdown

Tue Mar 10 2020 - 01:37
Banks lead Irish stocks lower as global markets plunge

Banks lead Irish stocks lower as global markets plunge

Concerns over coronavirus and a 30% slump in the price of oil hit stocks

Mon Mar 09 2020 - 18:39
Iseq dips into bear market as ‘Black Monday’ slump grips markets

Iseq dips into bear market as ‘Black Monday’ slump grips markets

Wall Street shares push off lows after 7% early slump triggers 15-minute trading halt

Mon Mar 09 2020 - 16:38
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