IMF warns pandemic likely to result in worst global downturn since Great DepressionUS-based fund predicts Irish economy will shrink by 6.8% before rebounding in 2021Tue Apr 14 2020 - 23:35
Coronavirus could freeze debt markets, IMF warnsJunk bond market among areas most at risk after general weakening on lending standardsTue Apr 14 2020 - 17:51
Irish-backed Mitchells & Butlers pub group gets relief from lendersBirmingham-based company says its banks have granted it a waiver until May 15th of a debt service covenant testTue Apr 14 2020 - 15:43
Covid-19 adds to the challenges facing law firmsLaw firms are cutting salaries and some are seeking to participate in the Government’s temporary Covid-19 wage subsidiary schemeMon Apr 06 2020 - 03:45
CRH chief’s €9.3m pay package under scrutiny as Covid-19 impacts earningsInvestor adviser concerned about Albert Manifold’s €677k pension benefit last yearSat Apr 04 2020 - 05:16
Debt market freeze hits sour note for Bank of IrelandLenders led by bank left with €370m of debt relating to Ardian’s acquisition of AudiotonixSat Apr 04 2020 - 04:00
O’Brien may pull off $1.7bn Digicel debt write-off – but at what cost?Company handed over at least $1.9bn of dividends to O’Brien between 2007 and 2015Fri Apr 03 2020 - 16:31
Ardagh Group to sell $500m of bonds to boost cash positionNew York-based company says trading during first quarter in line with expectationsFri Apr 03 2020 - 13:17
Bank of Ireland extends AA partnership in UK to at least 2028New AA branded car finance product will join savings and personal loan offeringFri Apr 03 2020 - 09:52
FBD’s bumper €35m dividend payout may not go aheadEuropean regulator calls for suspension of all insurance company payouts to investorsFri Apr 03 2020 - 09:39
Overseas-owned Irish banks hold off on dividendsECB said capital may be needed to support lending to households and businesses during pandemicFri Apr 03 2020 - 05:05
Datalex sales warning puts Desmond loans in focusCovid-19 crisis means company could struggle with onerous conditions on loansThu Apr 02 2020 - 13:56
Denis O’Brien may cede 49% of Digicel empire under debt write-down planDeal would wipe away almost 25% of group’s $7bn debt as O’Brien commits €50mThu Apr 02 2020 - 10:30
AIB offers SMEs breathing space on feesMainstream personal current account holders not to benefit from fees deferralThu Apr 02 2020 - 08:04
Bank of Ireland long-fingers problem mortgages sale amid Covid-19 crisisGrowing economic uncertainty cools international investor interestThu Apr 02 2020 - 06:00
Fitch lowers Bank of Ireland and AIB outlooks to negativeRisks to banks’ credit profile ‘clearly skewed to downside’ by Covid-19, ratings agency saysWed Apr 01 2020 - 21:04
NTMA plans multibillion-euro bond sale within weeksMove comes as bill to fight impact of Covid-19 crisis climbsWed Apr 01 2020 - 18:19
Irish and European shares slide on Trump comments and dividend suspensionsEconomists less convinced of potential for strong snapback in growthWed Apr 01 2020 - 08:52
Dilosk backer Attestor Capital abandons Irish bank dealBritish investment firm ‘cannot proceed’ with purchase due to regulators’ conditionsWed Apr 01 2020 - 03:27
Frontline bank workers to get pay top-ups during Covid-19 crisisBank staff dealt with about 7,000 calls a day last week from business customersWed Apr 01 2020 - 03:20
PTSB mortgage holders in arrears face shorter Covid-19 payment breaksBank offering interim arrangements of two months’ payment holidays for arrears casesWed Apr 01 2020 - 02:55
Couple in mortgage legal-fees dispute receive €10,000 compensationUlster Bank and Irish Life top list of firms with complaints upheld by ombudsmanTue Mar 31 2020 - 17:25
Insurer FBD names Paul D’Alton as interim chief executiveCompany continuing to seek permanent successor to Fiona MuldoonTue Mar 31 2020 - 15:19
Denis O’Brien’s Digicel asks creditors to write off some of its $6.8bn debtGroup discussing securities exchange with some bondholdersFri Mar 27 2020 - 17:14
Coronavirus: Insurers told to interpret claims in customers’ favourCentral Bank says insurance firm CEOs must take responsibility for handling of claimsFri Mar 27 2020 - 17:09
Irish banks’ €400m dividends plans echoed foolhardiness of pastMarket Beat: keeping capital for lending is far more important than payoutsFri Mar 27 2020 - 15:24
Cairn and Glenveagh directors miss out on lucrative founder sharesCompanies are still building but rate at which people reserve new homes has slowedFri Mar 27 2020 - 10:15
Flutter scraps cash dividend as it sticks to Canadian mergerCompany opts not to proceed with planned €112.7 million final dividend payout in cashFri Mar 27 2020 - 08:52
C&C raises €140m debt days after profit warningWith pubs closed C&C’s on-trade business will be down sharply this yearFri Mar 27 2020 - 07:36
Death knell for dividends as firms try to save cash amid Covid-19 crisisSlew of Dublin-listed companies scrap multimillion-euro dividend payment plansFri Mar 27 2020 - 05:15
Irish-led sports event supplier raises €10.5m in emergency cash callCovid hits business at Arena Events, which puts temporary facilities in place for events from Cheltenham to Wimbledon and the OpenThu Mar 26 2020 - 13:29
Irish shares dip as rally across European markets runs out of steamRapidly spreading coronavirus, fears of deep global recession overshadow stimulus dealThu Mar 26 2020 - 09:01
Irish and European stocks rally for a second day on stimulus plansMarkets in US record first back-to-back gain since a brutal sell-off began last monthWed Mar 25 2020 - 20:24
Central Bank to press insurers on customer rights amid Covid-19 stand-offFirms with business interruption cover being told they are not eligible for compensationWed Mar 25 2020 - 19:11
Chinese €155m takeover of Goodbody gets Central Bank approvalTerms of deal unaffected by coronavirus crisisWed Mar 25 2020 - 11:03
Malin sees clinical trials delays amid Covid-19 crisisGerm-zapping robot firm backed by Malin sees spike in demand amid virus outbreakWed Mar 25 2020 - 09:41
Coronavirus: Irish Ferries owner delays agm to protect shareholdersICG meeting pushed back from May 12th, with vote on final dividend of 2019 deferredWed Mar 25 2020 - 07:48
Central Bank urged to address insurers rejecting Covid-19 claimsLobby group urges regulator to address stand-off between businesses and insurersWed Mar 25 2020 - 03:54
Irish shares rally on hope of fiscal stimulusWall Street opened higher on signs of Washington economic rescue packageTue Mar 24 2020 - 17:03
Irish banks fielding 7,000 calls daily on mortgage breaksInstitutions also dealing with 500 calls a day from business customers, BPFI saysTue Mar 24 2020 - 12:56
Kerry enzymes help ramp up hand sanitisers for HSEGlobal number of confirmed coronavirus cases his heading rapidly towards 400,000Tue Mar 24 2020 - 10:35
Aryzta moves to save cash as Covid-19 hits demand for baked goodsCompany suspends future capital projects, reduces capacity to meet demandTue Mar 24 2020 - 08:07
Applegreen defers bonuses and scraps dividend as Covid-19 hits footfallForecourt retailer says it expects a material reduction in profits this yearTue Mar 24 2020 - 07:40
Donohoe weighs in as insurers reject Covid-19 claimsInsurance Ireland warn solvency of many insurers could be called into questionMon Mar 23 2020 - 16:57
US stocks down despite forceful efforts of Federal ReserveIseq slumps again as European shares wallow near seven-year lows amid Covid-19Mon Mar 23 2020 - 14:00
BofI temporarily closes 101 branches as Covid-19 spreadsOutlets will continue to provide ATM servicesMon Mar 23 2020 - 13:50
Uniphar shares rise amid Covid-19 business boostShares in the company were 5.8 per cent higher at €1.10Mon Mar 23 2020 - 11:19
Finance Ireland pauses €100m IPO due to Covid-19 damage to marketsIPO on hold amid financial chaos caused by virtual lockdown of global economyMon Mar 23 2020 - 05:49
‘Distressed’ AIB valuation makes special dividend unlikelyFocus will be on assuring investors company can ride out current economic stormMon Mar 23 2020 - 05:40
Virus-targeting cleansing system sees 400% Irish sales spikeSanity System, headquartered in Italy and US, uses ozone gas to kill bacteria and virusesMon Mar 23 2020 - 05:10
