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Moody's downgrades Permanent TSB and notes 'negative outlook'

Moody's downgrades Permanent TSB and notes 'negative outlook'

Rating agency Moody’s has downgraded the ratings of Permanent TSB (PTSB), reflecting the challenges the bank faces with returning…

Thu Feb 21 2013 - 00:00

Irish construction sector to fall again

The pace of decline of the Irish construction industry will slow in 2013, with a 3 per cent drop in output forecast by construction…

Wed Feb 20 2013 - 00:00

Almost 16,000 new mortgages issued in 2012

Almost 16,000 new mortgages, at a value of €2.7 billion, were issued in 2012, an increase in volume of 11

Wed Feb 20 2013 - 00:00
Downgrade for Permanent TSB

Downgrade for Permanent TSB

Rating agency Moody’s has downgraded the ratings of Permanent TSB (PTSB), reflecting the challenges the bank faces with returning…

Wed Feb 20 2013 - 00:00

European stocks retreat for third day

With US markets closed for President’s Day, it was a quiet day across Europe yesterday, with volumes down by as much as 50 per…

Tue Feb 19 2013 - 00:00
First-time buyers drive mortgages

First-time buyers drive mortgages

Almost 16,000 new mortgages, at a value of €2.7 billion, were issued in 2012, an increase in volume of 11

Tue Feb 19 2013 - 00:00
Calculating the best returns on your savings

Calculating the best returns on your savings

As banks begin to pay lower interest rates for money on deposit, you need to shop around to get the best deal

Tue Feb 19 2013 - 00:00
Innovator and entrepreneur with a sharp eye for potential

Innovator and entrepreneur with a sharp eye for potential

Future Proof: Marc O'Dwyer, chief executive, Big Red Books

Tue Feb 12 2013 - 00:00
Pension fees can leave you shortchanged

Pension fees can leave you shortchanged

It’s somewhat shocking to realise that much of the tax relief you get for saving into a pension fund can be eaten up by the various…

Tue Feb 12 2013 - 00:00

Q&A Promissory Notes

What is a promissory note?

Thu Feb 07 2013 - 00:00

The ups and the downs of fixer-uppers

On the move: If the thought of renovating an old house doesn't make your heart stop, at least do your homework

Thu Feb 07 2013 - 00:00

Rebound in industrial production reverses sluggish trend

New figures for industrial production in December show output in the sector rebounded strongly on weak out-turns in the previous…

Wed Feb 06 2013 - 00:00

What are promissory notes?

Finally, a deal on the much-discussed but little understood promissory notes seems imminent

Wed Feb 06 2013 - 00:00

PMI report shows fast pace of growth

The Irish services sector expanded at its fastest pace since August 2007, new statistics reveal.

Tue Feb 05 2013 - 00:00

C&C fined €90,000 by financial regulator

Drinks group C&C has been fined € 90,000 by the Central Bank for failing to keep up-to-date records on its “insider” list…

Tue Feb 05 2013 - 00:00

Markets across Europe tumble

Markets across Europe tumbled yesterday, as Spanish and Italian banks retreated with the nations’ government bonds amid signs…

Tue Feb 05 2013 - 00:00
Irish remain big users of cheques

Irish remain big users of cheques

Ireland remains one of only a few European Union member states that still use cheques for regular payments, according to a new…

Tue Feb 05 2013 - 00:00

Tax revenue from international financial services companies falls

Tax revenue paid by Ireland’s international financial services companies fell in 2012 as the sector continued to suffer in the…

Mon Feb 04 2013 - 00:00

Tough challenges for assurance companies, conference told

Life assurance companies will be subject to greater regulatory oversight in 2013 as they face up to another challenging year …

Fri Feb 01 2013 - 00:00

EBS to cut workforce by third as it seeks 200 redundancies

EBS Building Society, a subsidiary of AIB, is set to cut its workforce by a third as it franchises out the last of its branches…

Wed Jan 30 2013 - 00:00

50 jobs at risk as Blacktie goes into liquidation

Blacktie, the Irish formal wear hire company founded by “dragon” Niall O’Farrell, has become the latest victim of the economic…

Thu Jan 24 2013 - 00:00

Markets edge up on earnings boost in US

Stocks edged upwards or stayed flat yesterday as US lawmakers agreed on a compromise budget and US companies reported better-…

Thu Jan 24 2013 - 00:00

Black Tie to appoint liquidator

Formal wear hire chain Black Tie has become the latest victim of the economic downturn.

Wed Jan 23 2013 - 00:00

Ecofin to push taxing of financial transactions

Minister for Finance Michael Noonan has said Ireland could be the “honest broker” in discussions about the financial transactions…

Wed Jan 23 2013 - 00:00

Tullow Oil completes acquisition

Tullow Oil, the oil and gas exploration company, has completed the purchase of Spring Energy, a Norwegian exploration-focused…

Tue Jan 22 2013 - 00:00

How to make sure you're not paying too much tax

Checking your tax credit certificate is a worthwhile exercise – you might even find you are due a refund

Tue Jan 22 2013 - 00:00

EU states to progress transaction tax

A group of 11 European countries, including Germany and France, will progress the Financial Transaction Tax (FTT), having been…

Tue Jan 22 2013 - 00:00

European stocks up to one-week high

Markets climbed yesterday as European finance ministers came together to discuss how to use its permanent bail-out fund, the …

Tue Jan 22 2013 - 00:00

AIB raises €500m in bond sale

AIB made its second foray into the bond markets in as many months today when it raised €500 million in a three-and-a-half year…

Tue Jan 22 2013 - 00:00

Ovoca Gold shareholders approve Olymp sale

Shareholders in gold exploration company Ovoca Gold voted to approve the sale of its 100 per cent interest in Olymp at an egm…

Thu Jan 17 2013 - 00:00

Global markets close flat to down

Markets closed flat to down as the World Bank predicted that the economy of the euro area will contract in 2013, while Eurogroup…

Thu Jan 17 2013 - 00:00

Bank eager to enter inner circle of man who projected 'aura of wealth'

It was September 2003 and AIB had finally drawn a line under the Rusnak affair

Thu Jan 17 2013 - 00:00

Spending on Visa cards hits a high

Irish consumers spent a record €15

Wed Jan 16 2013 - 00:00

Global markets trade close to flat

Global markets traded close to flat yesterday, as investors watched the US financial-reporting season amid concern that recent…

Tue Jan 15 2013 - 00:00

Shares in Dell soar on buyout reports

Shares in computer manufacturer Dell are advancing amidst speculation that founder Michael Dell might take the firm private.

Tue Jan 15 2013 - 00:00

Record credit spend for Irish

Irish consumers spent a record €15

Tue Jan 15 2013 - 00:00

Sudden death: getting to the heart of the matter

It might be every parent’s worst nightmare, but it nonetheless happens with alarming frequency in Ireland

Tue Jan 15 2013 - 00:00

'Tax and talent' keys to enticing investors

Complacency is the biggest risk facing US foreign direct investment in Ireland, the new president of the American Chamber of …

Tue Jan 15 2013 - 00:00

EU gender ruling means women will have to pay more

In theory, gender equality is something all women strive for. In practice, however, it may not always be welcome

Tue Jan 15 2013 - 00:00

Dragon Oil reports increase in production

Oil and gas exploration company Dragon Oil met market expectations with its trading update this morning, reporting an increase…

Tue Jan 15 2013 - 00:00

Pension fund flies to the rescue of SMEs

National Pension Reserve Fund’s move into SME finance fills a gap left by the departure of foreign players

Mon Jan 14 2013 - 00:00

ECB keeps interest rates unchanged as Draghi warns financial crisis not over

European Central Bank president Mario Draghi has kept interest rates on hold and warned against declaring an end to the financial…

Fri Jan 11 2013 - 00:00

NTMA 10-year bond on agenda

A benchmark 10-year bond is next on the agenda for the National Treasury Management Agency (NTMA), following the successful sale…

Thu Jan 10 2013 - 00:00

Commerical property market to polarise

The Irish commercial property market is likely to see greater polarisation in 2013, as demand rises for prime property in key…

Thu Jan 10 2013 - 00:00

Sales slump at Marks and Spencer

Sales at retailer Marks and Spencer slumped in the third quarter, as it opted out of the discount-driven market and offered fewer…

Thu Jan 10 2013 - 00:00

European stocks up to 22-month high

A reassuring start to the US earnings season boosted demand for riskier assets and saw some European markets reach levels last…

Thu Jan 10 2013 - 00:00

AIB fund invests in 13 start-up and early-stage companies in 2012

The €53 million AIB Seed Capital Fund invested in 13 new start-up and early-stage companies in 2012, bringing its total number…

Thu Jan 10 2013 - 00:00

Arm yourself well before trying to sell your home

ON THE MOVE: 2013 might be the year for you to trade-up, trade-down or just sell out of Ireland altogether

Thu Jan 10 2013 - 00:00

Ireland generates €2.5bn on bond market at lower yield level

Ireland was back in the syndicated bond market yesterday for the first time since January 2010, raising €2

Wed Jan 09 2013 - 00:00

Investors focus on US earnings season

Company results were on the minds of investors yesterday as global markets fell on the back of lower expectations for earnings…

Wed Jan 09 2013 - 00:00
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