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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
Over one in three consumers ‘struggling to cope’ with inflation

Over one in three consumers ‘struggling to cope’ with inflation

Most households are feeling the cost-of-living pinch, a credit union survey suggests

Fri Mar 24 2023 - 05:00
Enterprise Ireland concerned about funding for tech firms

Enterprise Ireland concerned about funding for tech firms

State agency appears before Public Accounts Committee to discuss its results

Thu Mar 23 2023 - 12:22
Cartamundi owners received almost €31m in dividends from Ireland before closing Waterford factory

Cartamundi owners received almost €31m in dividends from Ireland before closing Waterford factory

Post-Covid slump in demand for games and rising costs blamed for decision to shut factory and cut 234 jobs

Thu Mar 23 2023 - 05:00
‘No plans to introduce drop-off charges’ at Dublin Airport despite planning victory

‘No plans to introduce drop-off charges’ at Dublin Airport despite planning victory

An Bord Pleanála upheld local authority’s decision to grant permission to new tolling zones

Wed Mar 22 2023 - 19:10
Shares tread water ahead of Fed decision

Shares tread water ahead of Fed decision

Banking stocks were in the spotlight again with financials giving back some of their gains

Wed Mar 22 2023 - 18:50
Cartamundi to shut Waterford plant with loss of 234 jobs

Cartamundi to shut Waterford plant with loss of 234 jobs

Belgian company said it will begin consultation with workers, unions and state agencies

Wed Mar 22 2023 - 15:39
Government to slash electric car subsidy by 30%

Government to slash electric car subsidy by 30%

Changes are 'in line with similar policies in Europe' as focus shifts to infrastructure

Wed Mar 22 2023 - 15:14
Bank regulation ‘strengthened’ but threat of contagion remains, says McGrath

Bank regulation ‘strengthened’ but threat of contagion remains, says McGrath

Minister for Finance says lenders and financial authorities in ‘much better place’ than in 2008

Tue Mar 21 2023 - 16:56
Cryptocurrency firms still engaging with Central Bank despite downturn

Cryptocurrency firms still engaging with Central Bank despite downturn

Number of enquiries to the regulator’s Innovation Hub declined by almost 50% last year

Tue Mar 21 2023 - 12:57
Irish banks face higher costs but appear insulated from wider Credit Suisse fallout, analysts say

Irish banks face higher costs but appear insulated from wider Credit Suisse fallout, analysts say

But decision to burn Credit Suisse bondholders raises prospect of higher borrowing costs

Mon Mar 20 2023 - 19:34
ECB ‘stands ready’ to protect financial stability in Credit Suisse crisis, says Lagarde

ECB ‘stands ready’ to protect financial stability in Credit Suisse crisis, says Lagarde

EU authorities have sought to soothe nerves over wipeout of Swiss lender’s bondholders after bank’s purchase by rival UBS

Mon Mar 20 2023 - 12:30
Bank shares whipsaw after €3bn Credit Suisse takeover

Bank shares whipsaw after €3bn Credit Suisse takeover

UBS agreed to buy its rival late on Sunday after a frantic week

Mon Mar 20 2023 - 08:40
‘Clear opportunity’ for credit unions in shrunken bank market

‘Clear opportunity’ for credit unions in shrunken bank market

Some 82% of consumers said they feared a lack of competition after Ulster and KBC exits

Mon Mar 20 2023 - 08:03
Data centre specialist MTM Engineering snaps up cabling business CET Connect

Data centre specialist MTM Engineering snaps up cabling business CET Connect

MTM Engineering is on the acquistion trail after €30m investment from Dutch private equity firm

Mon Mar 20 2023 - 05:00
Applegreen accused of lack of engagement with union in US pay dispute

Applegreen accused of lack of engagement with union in US pay dispute

State of Connecticut is suing a subsidiary of forecourt retailer for $6m after union complaint

Mon Mar 20 2023 - 05:00
Coalition defends €1bn underspend on housing

Coalition defends €1bn underspend on housing

Seen & Heard: Tesco hits suppliers; Dublin Airport’s security queue plan; AIB pulls plug; Kerrygold row talks

Sun Mar 19 2023 - 14:30
Amazon to switch backup Irish data centre generators to biodiesel

Amazon to switch backup Irish data centre generators to biodiesel

Cloud giant plans to roll-out the changes across its European operations

Sat Mar 18 2023 - 05:00
Global stocks sink as rally fizzles out

Global stocks sink as rally fizzles out

The Iseq index gave back almost all of Thursday’s 2.3 per cent

Fri Mar 17 2023 - 17:29
Euro zone inflation cooled in February but underlying prices pick up

Euro zone inflation cooled in February but underlying prices pick up

Price pressures still elevated across single currency area, particularly food and services

Fri Mar 17 2023 - 10:58
Revenues back on track at Kilkenny Design after Covid hit

Revenues back on track at Kilkenny Design after Covid hit

Family-owned group reports €1.2m pretax loss after costs associated with landlord row

Fri Mar 17 2023 - 05:00
Markets rally after days of turmoil fuelled by bank worries

Markets rally after days of turmoil fuelled by bank worries

Traders in Dublin say Thursday was a ‘day of two halves’ amid late session rally

Thu Mar 16 2023 - 18:53
‘Material conflict’ around facts in Altada case, court hears

‘Material conflict’ around facts in Altada case, court hears

Revenue has applied to have a €500,000 loan to the insolvent company set aside

Thu Mar 16 2023 - 15:21
Ballymore to sign UK fire safety contract after Gove’s warning

Ballymore to sign UK fire safety contract after Gove’s warning

Irish-owned developer was named on a list of 11 companies yet to formally sign up to the scheme

Wed Mar 15 2023 - 13:05
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