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Struggling stock exchange needs support, says Euronext Dublin chief

Struggling stock exchange needs support, says Euronext Dublin chief

Seen & Heard: Offshore energy giant settles with fisherman; Amazon’s take on Irish data centre discussion; Hines’s latest student housing play; Virgin Media’s losses

Sun May 05 2024 - 11:21
Nonbank lender Dilosk agrees to buy €400m Ulster Bank home loan portfolio

Nonbank lender Dilosk agrees to buy €400m Ulster Bank home loan portfolio

Agreement is subject to regulatory approval but is expected to close in the coming months

Fri May 03 2024 - 10:15
State cuts its stake in AIB to 32.6% following €1bn buyback

State cuts its stake in AIB to 32.6% following €1bn buyback

Transaction will bring to €14.9bn the total received from the bank since the bailout

Fri May 03 2024 - 07:29
Danske Bank sees ‘resilient demand’ for home loans in Northern Ireland

Danske Bank sees ‘resilient demand’ for home loans in Northern Ireland

Danish lender reported first quarter net profits in line with expectations

Fri May 03 2024 - 07:17
Mortgage drawdowns decline amid shortage of second-hand homes for sale

Mortgage drawdowns decline amid shortage of second-hand homes for sale

A decline in mortgage switching activity is ‘largely’ to blame for drop-off in approvals, says BPFI

Fri May 03 2024 - 06:15
Student accommodation: A market plagued by bed shortages, rising rents and 51-week leases

Student accommodation: A market plagued by bed shortages, rising rents and 51-week leases

Private investors are still circling the Irish student housing market amid a significant shortfall in beds

Fri May 03 2024 - 06:00
Inflationary picture remains ‘mixed’ for services firms despite falling input prices

Inflationary picture remains ‘mixed’ for services firms despite falling input prices

AIB’s latest purchasing managers index points to further growth in April albeit at a slower pace

Fri May 03 2024 - 05:00
US shares advance as markets eye Apple results

US shares advance as markets eye Apple results

Iseq index outperforms its peers, adding 1.5% after positive updates from Smurfit Kappa and Glenveagh Homes

Thu May 02 2024 - 17:59
Currys Ireland swings to loss amid ‘challenging conditions’

Currys Ireland swings to loss amid ‘challenging conditions’

Revenues at electronics retailer’s Irish arm sank more than 10% to €192.3 million

Tue Apr 30 2024 - 13:57
Avonmore owner welcomes Taoiseach’s comments on nitrates limit

Avonmore owner welcomes Taoiseach’s comments on nitrates limit

Revenues at Tirlán down 17% amid fall in global milk prices

Tue Apr 30 2024 - 06:00
Shelbourne Hotel revenue climbed 18% in year before sale

Shelbourne Hotel revenue climbed 18% in year before sale

Kennedy Wilson attribute a jump in turnover ‘mainly due to the strong performance’ of the five-star hotel

Fri Apr 26 2024 - 17:13
Ireland may be unable to fill future biopharma jobs, says report

Ireland may be unable to fill future biopharma jobs, says report

National Skills Council says pharma companies could create 21,000 jobs over the next three years, but could struggle to fill them

Fri Apr 26 2024 - 13:38
Smurfit Kappa declines to unpack details of WestRock acquisition

Smurfit Kappa declines to unpack details of WestRock acquisition

Dublin agm told 2023 had been Smurfit Kappa’s second-best financial year, with revenue of more than €11 billion

Fri Apr 26 2024 - 11:35
Workday axes Grangegorman office block plan

Workday axes Grangegorman office block plan

US software company will instead look for an existing development in Dublin for new headquarters

Thu Apr 25 2024 - 18:08
Foreign buyers driving boom in prime country property market, Savills say

Foreign buyers driving boom in prime country property market, Savills say

Almost €191m spent on country homes in 2023, each of which cost more than €1 million

Thu Apr 25 2024 - 17:09
Big businesses should face bigger fines for consumer protection breaches, watchdog says

Big businesses should face bigger fines for consumer protection breaches, watchdog says

Competition commission warns pub owners to display prices or face penalties

Thu Apr 25 2024 - 16:23
Waterford brand agency Totem plots expansion after UK award wins

Waterford brand agency Totem plots expansion after UK award wins

Irish firm plans to double in size over next three years

Thu Apr 25 2024 - 15:25
Tesla leads US megacap rally as European shares falter

Tesla leads US megacap rally as European shares falter

Iseq index sheds more than 1% as Ryanair falls

Wed Apr 24 2024 - 18:02
‘Overwhelming’ public support for protection of cash use, report shows

‘Overwhelming’ public support for protection of cash use, report shows

Submissions from the public will be ‘an important input’ to new national payments strategy, says Minister for Finance Michael McGrath

Wed Apr 24 2024 - 16:25
Journal Media pulls plug on potential sale of news platforms

Journal Media pulls plug on potential sale of news platforms

Brian and Eamonn Fallon were in talks to offload brands to Mediahuis

Tue Apr 23 2024 - 19:01
Gas demand falls in February as indigenous supply declines

Gas demand falls in February as indigenous supply declines

Gas consumption by large users including data centres jumped 3% year-on-year, says CSO

Tue Apr 23 2024 - 11:54
Penneys and Primark owner AB Foods expects ‘significant growth’ in full-year profit

Penneys and Primark owner AB Foods expects ‘significant growth’ in full-year profit

Recovery in margins at clothing chain fuels 39% jump in profit in first half of the year

Tue Apr 23 2024 - 07:59
Shares recover as FTSE 100 hits new peak

Shares recover as FTSE 100 hits new peak

Underperforming its European peers, the Iseq index added 0.3%

Mon Apr 22 2024 - 18:05
Dublin business activity accelerates in first quarter, fuelling job growth

Dublin business activity accelerates in first quarter, fuelling job growth

Survey of 200 businesses conducted by S&P Global indicates an increase in commercial activity levels between January and March

Thu Apr 18 2024 - 12:24
Celebrity-backed Donegal brand Muff Liquor secures US distribution deal

Celebrity-backed Donegal brand Muff Liquor secures US distribution deal

Russell Crowe, Ed Sheeran, Ronan Keating and Jimmy Carr have all invested in the business in recent years

Thu Apr 18 2024 - 09:36
Greencoat signs 10-year deal to supply power to two Dublin data centres

Greencoat signs 10-year deal to supply power to two Dublin data centres

The power purchasing agreement will see the Dublin-listed firm provide up to 67 GWh of renewable energy annually

Thu Apr 18 2024 - 08:36
Shortlist for 2024 EY Entrepreneur of the Year awards revealed

Shortlist for 2024 EY Entrepreneur of the Year awards revealed

Finalists will compete across three main categories over 10-month programme

Thu Apr 18 2024 - 06:15
Firms urged to engage with Revenue over €1.7bn in warehoused tax debts

Firms urged to engage with Revenue over €1.7bn in warehoused tax debts

Taxpayers have until May 1st to work out a payment plan with the tax authority or repay full amount

Wed Apr 17 2024 - 14:47
More than 150 jobs to go in deal to reopen Tara Mines

More than 150 jobs to go in deal to reopen Tara Mines

Tara Mines production has been shut down since last July, with 650 workers temporarily laid off

Wed Apr 17 2024 - 09:38
‘Tough year’ at Connacht Gold owner Aurivo amid plunging milk prices

‘Tough year’ at Connacht Gold owner Aurivo amid plunging milk prices

Operating profits fall 71.6% at co-op as it focused on efforts to support prices paid to its dairy farmer members

Wed Apr 17 2024 - 07:20
Arboretum cuts ribbon on €4.5m Wicklow garden centre revamp

Arboretum cuts ribbon on €4.5m Wicklow garden centre revamp

Redeveloped Kilquade site will bring 25 jobs to the area, according to owners Doyle family

Fri Apr 12 2024 - 06:00
Avcom lands €7.5m contract to support Croke Park’s events business

Avcom lands €7.5m contract to support Croke Park’s events business

Dublin firm will provide audiovisual and hosting services at GAA HQ over next five years

Fri Apr 12 2024 - 06:00
‘We’ve got a lot of money in the ground’ - Arboretum’s Fergal and Barry Doyle

‘We’ve got a lot of money in the ground’ - Arboretum’s Fergal and Barry Doyle

The Doyle brothers have just opened cut the ribbon of a €4.5m expansion of their Wicklow destination garden centre

Fri Apr 12 2024 - 06:00
Irish households still saving money at higher rate post-pandemic

Irish households still saving money at higher rate post-pandemic

Households saved €19 billion in 2023, half of which went into fixed assets like property

Thu Apr 11 2024 - 15:09
O’Donovan must ‘push through’ new laws protecting student lease lengths - study abroad providers

O’Donovan must ‘push through’ new laws protecting student lease lengths - study abroad providers

Industry body says switch to 51-week lease model represents ‘an existential threat’

Thu Apr 11 2024 - 06:15
Hotter-than-expected inflation data sends US stocks lower

Hotter-than-expected inflation data sends US stocks lower

Iseq index outperforms its European peers, adding 0.75 per cent

Wed Apr 10 2024 - 17:58
Shares tread water ahead of ECB meeting and US inflation data

Shares tread water ahead of ECB meeting and US inflation data

Iseq index shed 0.8% on Tuesday, dragged lower by banks and larger caps

Tue Apr 09 2024 - 17:46
Wind farms set new record in March amid blustery conditions

Wind farms set new record in March amid blustery conditions

Kerry wind farms accounted for highest share of electricity generation, says Wind Energy Ireland

Mon Apr 08 2024 - 09:53
New law set to limit student accommodation leases to academic year

New law set to limit student accommodation leases to academic year

Legislation will ensure leases are confined to the academic year of 41 weeks, following move by some student landlords to switch to 51-week leases

Mon Apr 08 2024 - 06:00
Property prices rising at fastest pace in 18 months - MyHome.ie

Property prices rising at fastest pace in 18 months - MyHome.ie

Homebuyers bidding up transaction prices by 4.6% above asking prices amid ‘fierce’ competition for limited supply

Mon Apr 08 2024 - 05:00
Skills shortages take centre stage as business sentiment dips, says Grant Thornton report

Skills shortages take centre stage as business sentiment dips, says Grant Thornton report

Big majority of firms plan to increase salaries this year but many pulling back on recruitment, survey indicates

Mon Apr 08 2024 - 05:00
Irish workers feel employers fail to support their wellbeing

Irish workers feel employers fail to support their wellbeing

Women feel less supported than men amid wider mismatch between employer initiatives and employee needs

Mon Apr 08 2024 - 05:00
Dublin Airport plan prioritises car park space over terminals

Dublin Airport plan prioritises car park space over terminals

Seen & Heard: Paddy Cosgrave’s return; Fund’s €43m bet against Smurfit; Building materials prices; Powerscourt Distillery ‘explores sale’

Sun Apr 07 2024 - 11:08
State investment fund pulls out of Israeli companies operating in illegal settlements

State investment fund pulls out of Israeli companies operating in illegal settlements

NTMA says value of funds in six companies is under €3m and and says it will keep other investments in region ‘under review’

Fri Apr 05 2024 - 11:14
PFH Group paid €18m in dividends before acquisition by Japanese tech giant Ricoh

PFH Group paid €18m in dividends before acquisition by Japanese tech giant Ricoh

‘Permanent shift’ to hybrid working driving demand for Cork-based software company’s services

Thu Apr 04 2024 - 11:43
Irish companies involved in fewer mergers and acquisitions but values rise

Irish companies involved in fewer mergers and acquisitions but values rise

Phoenix Tower’s proposed purchase of Cellnex’s Irish telecoms masts tops first quarter deal table

Thu Apr 04 2024 - 11:20
Avolon delivers 12 new aircraft to customers in first quarter

Avolon delivers 12 new aircraft to customers in first quarter

Aircraft lessor executed 39 new leases, up from 31 over the same period in 2023

Thu Apr 04 2024 - 07:43
Mediation sought to broker pay deal between PTSB and unions

Mediation sought to broker pay deal between PTSB and unions

Unite submitted a pay claim for 13% for 2024 last year after the lender returned to post-Covid profitability

Fri Mar 29 2024 - 06:00
Dublin resale house price inflation rises by 1.9% since start of year

Dublin resale house price inflation rises by 1.9% since start of year

DNG report shows second-hand homes in the capital are selling for 6% above asking prices on average

Fri Mar 29 2024 - 06:00
‘The first five years of my business I was just jet-lagged’ - Lansil Global’s Alan Coughlan

‘The first five years of my business I was just jet-lagged’ - Lansil Global’s Alan Coughlan

The Cork native has built an international supply chain business with warehouses in China and the US

Fri Mar 29 2024 - 06:00
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