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SSE Airtricity customers to get €35 credit as it forgoes profit

SSE Airtricity customers to get €35 credit as it forgoes profit

Energy company saw operating profits surge to €17m in nine months to end of January

Thu Apr 27 2023 - 15:24
Avolon to boost fleet with 40 ‘fuel-efficient’ Boeing 737 Max aircraft

Avolon to boost fleet with 40 ‘fuel-efficient’ Boeing 737 Max aircraft

Aircraft lessor’s net income declined 30% in first quarter excluding the impact of Russia’s seizure of assets

Thu Apr 27 2023 - 09:33
Hotel group Dalata says room revenue for first four months of year 28% ahead of same period pre-Covid

Hotel group Dalata says room revenue for first four months of year 28% ahead of same period pre-Covid

Dalata ‘traded strongly’ in first four months and is optimistic about trading for key summer months

Thu Apr 27 2023 - 08:07
Kerry Group’s margins narrow in first quarter despite strong revenues

Kerry Group’s margins narrow in first quarter despite strong revenues

Revenues at food giant grew more than 10% as group raises prices to manage higher input costs

Thu Apr 27 2023 - 07:39
McGrath plans new rainy day fund amid ballooning corporation tax receipts

McGrath plans new rainy day fund amid ballooning corporation tax receipts

Share of the €22.6bn collected in 2022 from top 10 companies jumped to 57% from 53% in 2021, says Revenue

Wed Apr 26 2023 - 13:01
Housing completions up 19% as momentum carries forward from 2022

Housing completions up 19% as momentum carries forward from 2022

Apartments account for more than a third of new homes for first time in 12 years with 2,427 completed in first quarter

Wed Apr 26 2023 - 11:54
‘Dangerously narrow’ Irish tax base must be reformed, say small firms

‘Dangerously narrow’ Irish tax base must be reformed, say small firms

Isme calls for Government to revisit tax debt warehousing scheme for SMEs

Wed Apr 26 2023 - 09:27
Tech executives unconvinced by Metaverse, blockchain and quantum computing

Tech executives unconvinced by Metaverse, blockchain and quantum computing

But tech leaders plan to ramp up IT staff hiring to executive digital transformation, says EY

Wed Apr 26 2023 - 08:06
‘Extraordinary year’ sees profits at Kerrygold owner fall 17%

‘Extraordinary year’ sees profits at Kerrygold owner fall 17%

Ornua reported a surge in revenues to €3.4bn amid 40% spike in milk prices

Wed Apr 26 2023 - 06:30
Housing, transport and skills shortages among ‘biggest issues’ for Dublin firms

Housing, transport and skills shortages among ‘biggest issues’ for Dublin firms

Attracting and retaining talent remains top concern for Dublin business, survey says

Wed Apr 26 2023 - 06:00
Gas consumption by households and power plants falls in January

Gas consumption by households and power plants falls in January

Consumption by non-daily metered large customers also declines compared with 2022

Tue Apr 25 2023 - 11:46
Deluxe Group in Armagh to double workshop capacity amid theme park boom

Deluxe Group in Armagh to double workshop capacity amid theme park boom

Portadown-based bespoke fit-out specialist has secured £40m in US contracts in 12 months

Tue Apr 25 2023 - 00:01
All quiet on the markets front as attention turns to earnings reports

All quiet on the markets front as attention turns to earnings reports

Credit Suisse reported client outflows of €64 billion in first quarter

Mon Apr 24 2023 - 18:05
Auctioneers call for ‘tax-free’ credit of €6,000 for landlords

Auctioneers call for ‘tax-free’ credit of €6,000 for landlords

Rent Pressure Zone rules should also be relaxed, says Ipav

Mon Apr 24 2023 - 13:24
Cornmarket acquires financial adviser to prison officers

Cornmarket acquires financial adviser to prison officers

Deal follows Cornmarket’s 2020 acquisition of EIS Financial Services and purchase of Penpro in 2016

Mon Apr 24 2023 - 05:00
Stocks slide on weak US jobless data

Stocks slide on weak US jobless data

Tesla’s 8.7 per cent tumble puts pressure on equities indices

Thu Apr 20 2023 - 18:14
Earnings hold steady at Mannok despite surge in input costs

Earnings hold steady at Mannok despite surge in input costs

Group continues to be ‘actively engaged’ with advisers on funding for its decarbonisation project

Thu Apr 20 2023 - 16:06
European Parliament backs rules to regulate crypto assets

European Parliament backs rules to regulate crypto assets

New regulatory framework to be rolled out from 2024 but near consensus vote obscures wide range of views on crypto

Thu Apr 20 2023 - 14:34
Shares fall as inflation fears resurface

Shares fall as inflation fears resurface

FTSE 100 falls after another surprisingly strong UK inflation reading

Wed Apr 19 2023 - 17:33
Ireland to ‘lead on enforcing’ EU laws on policing illegal content online

Ireland to ‘lead on enforcing’ EU laws on policing illegal content online

Government’s Digital Services Bill faced pre-legislative scrutiny from TDs on Wednesday

Wed Apr 19 2023 - 12:55
Crypto exchange Kraken clears Irish regulatory hurdle

Crypto exchange Kraken clears Irish regulatory hurdle

Subsidiary of US company registers with Central Bank as virtual asset service provider

Tue Apr 18 2023 - 17:48
RocDoc ‘certainly insolvent’ as High Court appoints liquidator

RocDoc ‘certainly insolvent’ as High Court appoints liquidator

Company owed north Dublin landlord €155,000 in rent arrears

Mon Apr 17 2023 - 16:55
Insolvent ‘golden visa’ company transferred €66m to related firms

Insolvent ‘golden visa’ company transferred €66m to related firms

High Court has appointed liquidators to two companies owned by Chinese national Kai Dai

Mon Apr 17 2023 - 15:30
LED-maker Prophotonix doubles capacity at Cork facility

LED-maker Prophotonix doubles capacity at Cork facility

Company’s products are used across communications, energy and aerospace sectors

Mon Apr 17 2023 - 12:47
EML Payments parts with chief executive Emma Shand after 10 months

EML Payments parts with chief executive Emma Shand after 10 months

Australian fintech is working with Central Bank on remediation plan over anti-money laundering deficiencies

Mon Apr 17 2023 - 12:33
Sale of Ires Reit not in the interest of investors ‘at this time’, says board

Sale of Ires Reit not in the interest of investors ‘at this time’, says board

State’s largest private landlord has hit back after activist investor pushed for sale

Mon Apr 17 2023 - 08:52
Uniphar’s combined executive pay packets top €2.2m

Uniphar’s combined executive pay packets top €2.2m

Details on remuneration are set out in the group’s annual report for 2022

Thu Apr 06 2023 - 19:10
Mixed bag for markets ahead of Easter break

Mixed bag for markets ahead of Easter break

Irish shares recovered some lost ground with the Iseq up more than 1%

Thu Apr 06 2023 - 17:59
Binance chief steps down from Irish firms at centre of US lawsuit

Binance chief steps down from Irish firms at centre of US lawsuit

Crypto exchange is being sued over alleged breaches of trading rules and destruction of documents

Thu Apr 06 2023 - 17:26
Aldi appoints Colin Breslin as managing director of buying and services

Aldi appoints Colin Breslin as managing director of buying and services

German retailer opens new store in west Dublin as part of plans to expand its footprint in the capital

Thu Apr 06 2023 - 12:56
Altada lenders told that €160m equity sale was ‘imminent’

Altada lenders told that €160m equity sale was ‘imminent’

Revenue has challenged the legality of a €500,000 loan to the artificial intelligence company before its collapse

Thu Apr 06 2023 - 05:00
Cerberus firm to collect on last Project Eagle loans this year

Cerberus firm to collect on last Project Eagle loans this year

Company likely to be wound down next year even as deadline for final report into controversy surrounding original purchase of loans is extended again

Wed Apr 05 2023 - 18:29
Online retailer Oxendales names new chief executive

Online retailer Oxendales names new chief executive

Paul Sweeney will spearhead the brand's ongoing digital transformation

Wed Apr 05 2023 - 05:00
Court overturns ruling in land certificate case

Court overturns ruling in land certificate case

Legal sources say the original High Court decision could have erased the security for ‘hundred of loans’

Wed Apr 05 2023 - 05:00
International banks expect to hire more staff at Irish operation in 2023

International banks expect to hire more staff at Irish operation in 2023

Ireland now the sixth largest exporter of financial services globally

Tue Apr 04 2023 - 05:00
Cuts by Opec+ ripple through global markets

Cuts by Opec+ ripple through global markets

The Iseq gave back 1 per cent, dragged lower by tourism and building materials stocks

Mon Apr 03 2023 - 18:42
NTMA plans bond auction for June

NTMA plans bond auction for June

Agency expects to borrow between €7m-€11m this year

Mon Apr 03 2023 - 17:19
Decision to slash EV subsidy ‘disappointing’ despite market buoyance, insurance body says

Decision to slash EV subsidy ‘disappointing’ despite market buoyance, insurance body says

Some 3,421 new electric vehicles were registered in March, says SIMI, up 77%

Mon Apr 03 2023 - 16:09
Nolan Transport owners register €6.9m judgment against former solicitor

Nolan Transport owners register €6.9m judgment against former solicitor

Ciaran Desmond, who denied any wrongdoing, consented to the order last May

Mon Apr 03 2023 - 16:02
State demand to boost Dublin office market after ‘slow start’ to year

State demand to boost Dublin office market after ‘slow start’ to year

‘Softer activity’ in first quarter follows last year’s post-pandemic pick-up, says Savills Ireland

Mon Apr 03 2023 - 15:21
Solar 21 hires forensic accountant to ‘report to investors’

Solar 21 hires forensic accountant to ‘report to investors’

Renewable energy firm has raised more than £300 million from investors in loan notes

Fri Mar 31 2023 - 19:08
Stocks show modest gains amid record plunge in euro zone inflation

Stocks show modest gains amid record plunge in euro zone inflation

The Iseq was up by slightly more than 0.1% in a volume-light session in Dublin

Fri Mar 31 2023 - 17:55
Lufthansa subsidiary opens Shannon engine repair facility

Lufthansa subsidiary opens Shannon engine repair facility

New unit has created 25 jobs with more on the way, says company, as it puts out call for engineers

Fri Mar 31 2023 - 15:44
VHI names Brian Walsh as new chief executive

VHI names Brian Walsh as new chief executive

Former chief financial officer was appointed on an interim basis last May

Fri Mar 31 2023 - 10:53
Travel recovery continued apace in February

Travel recovery continued apace in February

More than 1.2m people arrived in Ireland from abroad last month, up 1.1% on pre-Covid times

Wed Mar 29 2023 - 21:38
Small firms warned of increasingly sophisticated cyber scams

Small firms warned of increasingly sophisticated cyber scams

Irish business conned out €8m by fraudsters in 2022

Wed Mar 29 2023 - 17:45
US regulator names Irish firms in Binance lawsuit

US regulator names Irish firms in Binance lawsuit

Crypto exchange is being sued over alleged breaches of trading rules and destruction of documents

Wed Mar 29 2023 - 05:00
Asking prices for homes in Ireland fall for first time since 2013

Asking prices for homes in Ireland fall for first time since 2013

Latest Daft.ie housing report indicates that prices fell marginally in first three months of 2023

Wed Mar 29 2023 - 00:00
Revenue ‘very concerned’ about Co Monaghan hotel with unpaid taxes

Revenue ‘very concerned’ about Co Monaghan hotel with unpaid taxes

Nuremore Hotel workers left without pay after company closed for refurbishment before Christmas

Mon Mar 27 2023 - 13:03
Silicon Valley Bank bought by First Citizens after collapse

Silicon Valley Bank bought by First Citizens after collapse

Cost to US authorities of lender's failure estimated to be $20 billion

Mon Mar 27 2023 - 06:56
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