Fenergo revenue edges closer to €100m milestone
Irish fintech unicorn has recorded 40 new client bookings since Covid crisis began
Bank of China
Evergrande rated ‘restricted default’ by Fitch after missed payment
Neither company nor government has confirmed that Evergrande has defaulted
Evergrande braces for debt deadline after doubting ability to pay
Company says there is no guarantee it can make $82.5m debt payments due Monday
European shares rebound after four-day losing streak
Higher commodity prices offset fears around Covid-19 surge
Evergrande pays missed dollar bond coupon, says Chinese state media
Developer’s repayment of offshore debt comes days ahead of default deadline
Fears grow for China Evergrande after interest deadline missed
Evergrande misses payment deadline on dollar bond interest but has 30-day grace period
China says it won’t build new coal plants abroad. What does that mean?
Climate experts give cautious welcome to Xi signalling shift from funding fossil fuels
China to break up Ant’s Alipay and force creation of separate loans app
Chinese fintech will turn over user data to new joint venture partly owned by state
European stocks edge towards record highs shaking off growth worries
Euro zone August factory growth strong while Asian shares recover losses
China’s economy grows slightly more slowly than expected
Expectations build that policymakers may have to do more to support the recovery
Kerry Group outperforms on green targets in food sector but urged to do more
UK investment giant Legal & General blacklists firms for failing to address climate issue
China approves Goldman Sachs and ICBC joint wealth management venture
Country opened its giant financial sector to foreign companies last year as part of an interim trade deal with US
Fenergo confirms sale of majority stake; looks to become $5bn business
Tech unicorn set to expand further both through organic growth and acquisitions
Success is no fairytale for the latest Irish unicorn
Born just as financial markets went into meltdown, Fenergo has overcome the odds
Irish fintech Fenergo valued at over $1bn after $600m deal
Dublin-based company achieves unicorn status after surpassing $1bn valuation
China orders Jack Ma’s Ant to revamp business
Ant will now be supervised more like a bank, a move with far-reaching implications for growth
Fast-growing Fenergo to create 100 new jobs in Dublin
Irish fintech already employs 400 locally, and a further 450 people outside of Ireland
Goodbody Stockbrokers swung into €1.8m pretax loss in 2019
Roy Barrett’s company loan also fell from €80,000 to €18,880, latest accounts show
World’s top 60 banks pump $3.8tn into fossil fuels since Paris accord
Report finds world’s biggest banks pumping finance into activities of corporate polluters
Norwegian creditors challenge airline’s bid to return aircraft to lessors
Airline and Irish subsidiaries have High Court protection from creditors
Norwegian creditors may challenge airline’s bid to end leases
Airline seeking to hand back 36 aircraft
Goodbody Stockbrokers repays €450,000 in Covid wage subsidies
Firm availed of Temporary Wage Subsidy Scheme for eight weeks at outset of pandemic
Fenergo on acquisition trail as revenue and headcount rises
Irish fintech says it is still weighing up a stock market flotation
Norwegian examiner has month to finalise rescue plan
High Court extends examinership as $2.5bn of group debt discharged
Jack Ma vs Xi Jinping: the future of private business in China
Expectation is that Ant and Alibaba will survive but face tighter regulation
Norwegian Air begins cutting its fleet ahead of restructuring
Troubled carrier moves aircraft to Shannon in preparation for returning them to lessors
Lessors seek details of Norwegian Air Shuttle’s planned fleet cuts
Scandinavian group could offload some of its 140 aircraft amid restructuring
Norwegian Air secures court protection over €4.1bn debts
Creditors tell court they are neutral on airline’s attempt to restructure
Fenergo named Irish technology company of the year
Fintech takes top prize with other winners including City Swift, NearForm and Fineos
Liquidating Norwegian Air Shuttle would leave €6bn deficit
Court documents show winding up company would wipe out most of its assets
AIB in exclusive talks to buy back Goodbody Stockbrokers
Bank preferred bidder for brokerage it sold after taxpayer bailout
Fenergo denies reports it has given up on $2bn listing
Dublin-based fintech says it is still exploring a potential initial public offering
Global markets: China gains hoist Asian stocks to two-year peak
Yuan moves higher as investors wager a Joe Biden presidency will drive smoother Sino-US relations
Government considers drafting in ESB to speed up broadband provision
Seen & Heard: Spanish credit card company Avantcard signs up six brokers to cherry pick the mortgage market
European stocks, US futures advance as China rallies
Signal from China’s central bank that it wants to ease monetary policy lifts stocks
The Irish Times Company of the Year: the three finalists
Fenergo, Irish Distillers and An Post shortlisted after recording strong performances
Goodbody loses a second suitor as Bank of China deal falls through
Stockbrokers’ owner Fexco may have to sit tight and hope Covid-19 uncertainty wears off
Goodbody’s planned €155m sale to Bank of China falls through
This is the second time in 18 months that the sale of the Irish stockbroker to a Chinese group has collapsed
Fenergo looking to more than double revenues by 2023
Irish fintech lifts Covid hiring freeze, and expects to have 1,000 employees by year-end
Goodbody wins Chinese business before takeover
Firm was hired alongside international banks to sell €890m of bonds for Bank of China’s Hong Kong branch
US tech giant signs €24m office lease in Dublin
Seen and Heard: Goodbody sale yet to complete, data centres and water usage, and €100m wind farm for Mayo
Jaguar Land Rover raises €620m loan from Chinese banks
Deal is its first debt financing from China, a market that now represents 50% of JLR sales
Bank of China donates 200,000 items of protective equipment to Ireland
Office of Government Procurement confirms it has ‘gratefully received’ the donation from the bank
Chinese €155m takeover of Goodbody gets Central Bank approval
Terms of deal unaffected by coronavirus crisis
This year is shaping up to be another busy one on the M&A front
Deal activity in the mid-market space expected to continue to be the cornerstone of the M&A market in Ireland
World stocks rise as investors pin hopes on more stimulus
Chinese stock rise sharply as country vows to make targets
Goodbody Stockbrokers scrapped bonuses last year ahead of sale
This was the first time since 2016 that the Irish stockbroker did not pay a cash bonus
Coronavirus worries wipe €379bn off China’s stock market
Market slide comes as China’s central bank pours cash into system to show support
Goodbody buyer Bank of China fined €3.9m in French tax probe settlement
Case will continue against 28 business owners and intermediaries involved in transferring funds to China
European investor acquires Harcourt Road offices for €55m
Harcourt Centre blocks acquired by Avestus and Ares for €47m in September 2017
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