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Irish merger and acquisition activity down 20% as uncertainty bites

Irish merger and acquisition activity down 20% as uncertainty bites

Geopolitical tensions, economic caution and a downgraded IMF forecast behind drop, William Fry report finds

Tue Jul 30 2024 - 06:00
Is a television licence inspector coming for you?

Is a television licence inspector coming for you?

Q&A: A crackdown on evasion and nonpayment of the licence fee is planned following announcement of fresh funding for RTÉ this week

Sat Jul 27 2024 - 06:00
Mortgage-holders could save €80 a month with green deals, brokers say

Mortgage-holders could save €80 a month with green deals, brokers say

Brokers Ireland says anyone who has not reviewed their home loan in a while is likely missing out on savings

Fri Jul 26 2024 - 18:58
Watchdog backs Kilsaran Concrete’s bid for Offaly sand and gravel pit

Watchdog backs Kilsaran Concrete’s bid for Offaly sand and gravel pit

The Competition and Consumer Protection Commission said deal ‘will not substantially lessen competition’

Fri Jul 26 2024 - 10:19
Staffing shortfalls at University Hospital Kerry criticised by health watchdog

Staffing shortfalls at University Hospital Kerry criticised by health watchdog

Significant non-compliance with standards relating to good governance, workforce, and risk management, Hiqa finds

Thu Jul 25 2024 - 10:00
Former minister Éamon Ó Cuív to retire from politics at next election

Former minister Éamon Ó Cuív to retire from politics at next election

Tánaiste Micheál Martin has paid tribute to Mr Ó Cuív’s commitment to peace and reconciliation on island of Ireland

Wed Jul 24 2024 - 22:15
Issue of new State apology to thalidomide survivors ‘will be dealt with’

Issue of new State apology to thalidomide survivors ‘will be dealt with’

Survivors satisfied with movement towards ‘negotiated settlement’ on decades-long saga following meeting with Coaliton leaders

Wed Jul 24 2024 - 21:33
Two men appear in court following seizure of 18 firearms and 900 rounds of ammunition

Two men appear in court following seizure of 18 firearms and 900 rounds of ammunition

Mark McCourt (33) and Conor O’Brian (27) charged in connection with Co Louth weapons seizure

Wed Jul 24 2024 - 21:31
Ryanair share price ‘still under pressure’ following quarterly profit slump

Ryanair share price ‘still under pressure’ following quarterly profit slump

Global stocks rise as markets eye upcoming economic data and brush aside end of Joe Biden’s re-election bid

Tue Jul 23 2024 - 18:34
Tourism agencies criticise ‘really regrettable’ pilots’ industrial action

Tourism agencies criticise ‘really regrettable’ pilots’ industrial action

Aer Lingus agreement with pilots will ‘definitely give a boost to the market’, says chief executive of the Irish Travel Agents Association

Tue Jul 23 2024 - 17:41
Penneys stores contribute to €1m-a-day profits last year for fashion retailer Primark

Penneys stores contribute to €1m-a-day profits last year for fashion retailer Primark

Retailer had 37 stores in Ireland during the financial year, although it opened a 38th store in Bray, Co Wicklow, in recent weeks

Mon Jul 22 2024 - 16:46
Dublin Port seeks permission for €1.1bn development on Poolbeg peninsula

Dublin Port seeks permission for €1.1bn development on Poolbeg peninsula

Project is the largest port infrastructure project in the company’s 317-year history and will involve new bridge over river Liffey

Mon Jul 22 2024 - 15:46
Eamon Ryan hails ‘rooftop revolution’ as 100,000  solar microgenerators connected

Eamon Ryan hails ‘rooftop revolution’ as 100,000 solar microgenerators connected

ESB Networks says it's progressing applications at a rate of 750 per week, with 20% of connections delivered in past six months

Fri Jul 12 2024 - 17:15
Irish economy shrank more than estimated last year

Irish economy shrank more than estimated last year

GDP contracts sharply for 2023, yet domestic economy remained strong

Fri Jul 12 2024 - 14:56
Irish house prices: Average cost of a resale home outside Dublin up 6.8% in 12 months

Irish house prices: Average cost of a resale home outside Dublin up 6.8% in 12 months

DNG says exodus of investors ‘appears relentless’ with 25% of all house sales so far this year emanating from exits

Fri Jul 12 2024 - 07:01
Aon launches new aviation division in Ireland to help manage sector risks

Aon launches new aviation division in Ireland to help manage sector risks

New division features Ireland’s only aviation insurance brokerage led by a team of aviation and insurance specialists

Fri Jul 12 2024 - 06:00
Stocks climb on Wall St as rate cut speculation intensifies

Stocks climb on Wall St as rate cut speculation intensifies

Euronext Dublin finished the day down 30 basis points but it outperformed peers in Europe dragged lower by French political uncertainty

Tue Jul 09 2024 - 18:19
Northern Ireland’s largest private healthcare provider secures €355m investment

Northern Ireland’s largest private healthcare provider secures €355m investment

Kingsbridge Healthcare Group plans to double footprint, grow job numbers, and is eyeing hospital acquisitions in Republic

Tue Jul 09 2024 - 16:29
Sustainability reporting rules are biggest development for accountants in 30 years - Acca

Sustainability reporting rules are biggest development for accountants in 30 years - Acca

Directive will require firms to disclose information on their performance across social and environmental issues

Tue Jul 09 2024 - 06:00
AerCap signed more than 160 leasing deals in second quarter

AerCap signed more than 160 leasing deals in second quarter

Dublin-based lessor, the biggest player in its global industry, also completed 37 sales, including 29 aircraft

Mon Jul 08 2024 - 12:56
Merged packaging giant Smurfit WestRock begins trading on Wall Street

Merged packaging giant Smurfit WestRock begins trading on Wall Street

Shares edge up as executives look to merge businesses amid improving business environment for the sector

Mon Jul 08 2024 - 12:26
Irish commercial property market rebounded strongly in second quarter

Irish commercial property market rebounded strongly in second quarter

Sherry FitzGerald says rent caps remain ‘a significant issue’ for institutional investors seeking to invest in Ireland

Sat Jul 06 2024 - 07:00
Number of homes in arrears falls after consecutive quarters of increase

Number of homes in arrears falls after consecutive quarters of increase

A total of 29 private homes were taken into possession by lenders in the quarter, of which 15 were on foot of a court order

Fri Jul 05 2024 - 12:40
PTSB shakes up executive management team ahead of expansion plans

PTSB shakes up executive management team ahead of expansion plans

Changes follow on from Central Bank’s designation of the group as ‘systemically important’ to the economy

Fri Jul 05 2024 - 09:40
Corre Energy to deliver one of Europe’s largest battery storage facilities

Corre Energy to deliver one of Europe’s largest battery storage facilities

Dublin-listed renewable energy storage developer has signed a deal with Dutch market leader SemperPower

Fri Jul 05 2024 - 07:43
Irish students ‘significantly less likely’ to engage with complex information

Irish students ‘significantly less likely’ to engage with complex information

Educational Research Centre publishes Cultivating Creativity report in in collaboration with the OECD and the Department of Education

Thu Jul 04 2024 - 13:35
Global stock markets trade lower as hopes for rate cut dim

Global stock markets trade lower as hopes for rate cut dim

Box-maker Smurfit Kappa’s shares were down 0.4 per cent at the end of its last day of trading on the Irish stock market

Tue Jul 02 2024 - 18:34
Single parents tend to earn less money, CSO study suggests

Single parents tend to earn less money, CSO study suggests

Females in married couples with children had earnings 63.2% higher than their counterparts in one-parent families

Tue Jul 02 2024 - 15:34
Conditions in manufacturing sector deteriorate at most severe level in almost a year

Conditions in manufacturing sector deteriorate at most severe level in almost a year

Central to the downturn were sharp and accelerated contractions in new orders and output as demand worsened

Mon Jul 01 2024 - 12:48
Rising costs are number one risk factor for Canadian multinationals in Ireland

Rising costs are number one risk factor for Canadian multinationals in Ireland

Almost three-quarters of Canadian companies do not support the capping of passenger numbers at Dublin airport

Mon Jul 01 2024 - 12:37
Scheme to help first-time buyers to be extended to more people

Scheme to help first-time buyers to be extended to more people

Extension of First Home Scheme follows latest of its scheduled twice-yearly reviews of the price ceilings

Mon Jul 01 2024 - 12:27
Inflation slows to 1.5% in the 12 months to June

Inflation slows to 1.5% in the 12 months to June

Energy prices are estimated to have fallen by 1% in the month and decreased by 5.6% over the 12 months, new data shows

Mon Jul 01 2024 - 11:17
Value of retail sales up 1.5% in May compared to last year

Value of retail sales up 1.5% in May compared to last year

Monthly volume decreases were recorded in clothing, footwear and textiles (6.4%); as well as motor trades (4.5%)

Fri Jun 28 2024 - 12:11
Gresham Hotel profits fall by a third

Gresham Hotel profits fall by a third

The company paid a dividend of €3.9m euros last year following a barren 2022

Fri Jun 28 2024 - 11:03
PTSB offers savers interest of 2.75% up front as banks vie for deposits

PTSB offers savers interest of 2.75% up front as banks vie for deposits

Recent months have seen a number of offerings for savers in the Irish market in response to moves by the ECB

Fri Jun 28 2024 - 09:11
Equine abbatoir revelations have done ‘huge reputational damage’ to Ireland, Oireachtas committee told

Equine abbatoir revelations have done ‘huge reputational damage’ to Ireland, Oireachtas committee told

Committee chairman laid the blame for the scandal squarely at the door of the Department of Agriculture

Wed Jun 26 2024 - 22:21
Garda Special Detective Unit investigating bomb threat against home of Taoiseach Simon Harris

Garda Special Detective Unit investigating bomb threat against home of Taoiseach Simon Harris

Threat was made by an individual who phoned a Samaritans helpline

Wed Jun 26 2024 - 22:02
One in three young people use AI for job applications

One in three young people use AI for job applications

A third of organisations use AI for work, with 14% of these using the technology to evaluate job applications

Wed Jun 26 2024 - 06:00
Savills urges easing of rental caps in next budget to arrest sharp decline in construction

Savills urges easing of rental caps in next budget to arrest sharp decline in construction

Private rented sector completions in Dublin set to decline by 68% to 1,600 units in 2025, property company tells Government

Wed Jun 26 2024 - 06:00
Global stock indexes climb as AI chip firm Nvidia rebounds in US trading

Global stock indexes climb as AI chip firm Nvidia rebounds in US trading

Euronext Dublin outperformed international peers as it finished the day up 79 basis points, boosted by Ryanair and AIB

Tue Jun 25 2024 - 18:29
Quick guide for grads to your rights in the workplace

Quick guide for grads to your rights in the workplace

You must be given a written statement of “core terms” within five days of starting your job

Tue Jun 25 2024 - 05:48
Corre Energy to press ahead with naming Rune Eng as interim chairman

Corre Energy to press ahead with naming Rune Eng as interim chairman

Institutional Shareholder Services urges shareholders to reject plan to give company the right to raise up to 20 per cent of market value in share sale without first giving them option to participate

Mon Jun 24 2024 - 17:53
Hewett Newsagents in Monkstown closes its doors for last time after 75 years

Hewett Newsagents in Monkstown closes its doors for last time after 75 years

Shop, which dealt primarily in newspapers and magazines, mobbed by well-wishers on Sunday following decision to ‘pull the plug’

Mon Jun 24 2024 - 16:38
Elgin Energy secures €71m revolving credit facility with Spanish bank

Elgin Energy secures €71m revolving credit facility with Spanish bank

Solar power developer makes electricity farms and battery storage facilities in the Republic, the UK and Australia

Mon Jun 24 2024 - 14:43
Irish aircraft lessor SMBC Aviation Capital raises €1.4bn

Irish aircraft lessor SMBC Aviation Capital raises €1.4bn

Five-year global syndicated finance facility includes 29 financial institutions, 13 of which are new banking relationships

Mon Jun 24 2024 - 14:33
Wholesale electricity prices rose 21.7% in May on previous month

Wholesale electricity prices rose 21.7% in May on previous month

Energy prices, which had increased significantly in the wake of Covid, spiked after Russia invaded Ukraine

Fri Jun 21 2024 - 11:47
Barristers set to strike again over three days in July

Barristers set to strike again over three days in July

Move is an escalation from a strike on October 3rd when almost no criminal business happened in the Criminal Courts of Justice

Fri Jun 21 2024 - 00:01
Irish Times reporters scoop two Justice Media Awards

Irish Times reporters scoop two Justice Media Awards

Killian Woods of the Business Post was the overall winner on the night for work on judicial reviews

Thu Jun 20 2024 - 21:06
HSE safeguarding structure needs ‘transformational change’, report finds

HSE safeguarding structure needs ‘transformational change’, report finds

Review by independent safeguarding expert Jackie McIlroy was commissioned by HSE in wake of ‘Emily’ rape case

Thu Jun 20 2024 - 19:09
Dublin the fifth most expensive city in Europe to build property

Dublin the fifth most expensive city in Europe to build property

City continues to see ‘robust investment’ in private and public sector housing projects, driven by rental crisis, report finds

Wed Jun 19 2024 - 05:01
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