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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
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
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
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
Altada directors warned of ‘exorbitant and punishing’ loan terms

Altada directors warned of ‘exorbitant and punishing’ loan terms

Loan is subject of complex legal row after being challenged by Revenue

Wed Mar 15 2023 - 05:00
Ryanair plans 14 new summer routes from Dublin

Ryanair plans 14 new summer routes from Dublin

Airline will operate 2,000 weekly flights to and from the capital this summer

Tue Mar 14 2023 - 10:05
Housing pipeline ‘encouraging’ but downside risks to supply remain

Housing pipeline ‘encouraging’ but downside risks to supply remain

Supply to slip back to pre-Covid levels this year with 27,000 units expected to be completed

Tue Mar 14 2023 - 00:01
Collapse of three US lenders rattles crypto markets

Collapse of three US lenders rattles crypto markets

Irish and European regulators confident that risk to financial system is minimal

Mon Mar 13 2023 - 16:47
Finance Ireland hikes interest rates on fixed mortgages

Finance Ireland hikes interest rates on fixed mortgages

Borrowers who have received loan offers have until April 17th to close on current rates

Mon Mar 13 2023 - 15:41
Business confidence picks up ‘markedly’ as price pressures cool

Business confidence picks up ‘markedly’ as price pressures cool

Irish firms have raised their expectations for hiring this year, survey suggests

Mon Mar 13 2023 - 11:18
Shoppers spending more on food and travel as inflation lingers

Shoppers spending more on food and travel as inflation lingers

Irish customers spent 15 per cent more in February compared with a year ago, Revolut data indicates

Mon Mar 13 2023 - 05:00
EU’s top court paves way for controversial development plan for Dublin 8

EU’s top court paves way for controversial development plan for Dublin 8

US property group Hines could return to the High Court as soon as Monday to seek dismissal of judicial review

Fri Mar 10 2023 - 12:15
Consumers warned of rise in ‘highly convincing’ investment scams

Consumers warned of rise in ‘highly convincing’ investment scams

Fraudsters use fake product comparison sites and unsolicited emails and texts

Fri Mar 10 2023 - 08:32
Markets mixed as investors mull US data

Markets mixed as investors mull US data

Softer jobless claims figures on Thursday set the stage for Friday’s monthly jobs report

Thu Mar 09 2023 - 17:53
Digital Hub signs 29 new leases despite looming closure date

Digital Hub signs 29 new leases despite looming closure date

Government announced the dissolution of the agency in 2021 with its lands to be redeveloped for housing

Thu Mar 09 2023 - 16:18
Shoppers spend €1.6bn in Spar stores as group plots expansion

Shoppers spend €1.6bn in Spar stores as group plots expansion

BWG Foods will add 60 stores to its branch network over the next two years

Thu Mar 09 2023 - 13:11
Three-quarters of women in State have no established plan to advance their career, survey finds

Three-quarters of women in State have no established plan to advance their career, survey finds

Increasing women’s employment could add almost €50 billion to Irish economy, says PwC

Wed Mar 08 2023 - 12:05
Ovarian cancer test company closes £1.4m funding round

Ovarian cancer test company closes £1.4m funding round

Belfast-based GenoME Diagnostics has developed a blood test for early detection

Wed Mar 08 2023 - 10:41
Workplace flexibility required to address gender pay gap

Workplace flexibility required to address gender pay gap

Women must be given 'realistic opportunities’ to take up senior roles, says Marian Ryan, director at Taxback.com

Wed Mar 08 2023 - 05:07
Profit growth slows at Lego amid ‘extraordinary’ cost pressures

Profit growth slows at Lego amid ‘extraordinary’ cost pressures

Danish company, which opened first Irish store last year, opened 155 retail outlets in 2022

Tue Mar 07 2023 - 10:12
Ulster Bank credit cards to stop working this month

Ulster Bank credit cards to stop working this month

Customers urged to 'act now' if they have not switched to a new service provider

Wed Mar 01 2023 - 15:44
Baker Tilly rebrands as Azets Ireland after takeover

Baker Tilly rebrands as Azets Ireland after takeover

Advisory firm Azets to enter Irish market for first time

Wed Mar 01 2023 - 13:23
Firms considered buying ‘entire housing estates’ for staff, committee will hear

Firms considered buying ‘entire housing estates’ for staff, committee will hear

Talent shortage driven by housing crisis the biggest threat to Ireland’s businesses, says Chambers Ireland

Wed Mar 01 2023 - 06:00
Revolut closes two Irish firms after dropping e-money licence plan

Revolut closes two Irish firms after dropping e-money licence plan

Fintech has opted to offer its services through an ECB banking licence instead

Wed Mar 01 2023 - 05:00
Manufacturing sector expands as sentiment improves

Manufacturing sector expands as sentiment improves

New orders rose for first time in nine months despite further decline in global demand for Irish products, says AIB

Wed Mar 01 2023 - 01:00
Dalata hits record €500m revenue in 2022 as it continues recovery from Covid

Dalata hits record €500m revenue in 2022 as it continues recovery from Covid

Hotel group boss says accusations of price gouging are not fair and not an issue that emerges in customer reviews

Tue Feb 28 2023 - 08:06
Charlie Chawke’s Goatstown pub returns to profit after Covid impact

Charlie Chawke’s Goatstown pub returns to profit after Covid impact

Company is at the centre of planning row between publican and local planners

Mon Feb 27 2023 - 17:20
Engineering giant opens new R&D facility in Dundalk

Engineering giant opens new R&D facility in Dundalk

ABB says 'multi-million dollar' investment will create up to 30 jobs

Mon Feb 27 2023 - 14:30
Number of passengers arriving in Ireland shoots above pre-Covid levels

Number of passengers arriving in Ireland shoots above pre-Covid levels

Close to 1.3m people arrived in Ireland in January, an increase of 114.4% on 2022

Mon Feb 27 2023 - 12:37
Penneys owner Associated British Foods raises full year outlook

Penneys owner Associated British Foods raises full year outlook

Resilient consumer demand for its budget fashion offering means Primark group now expects substantially higher sales

Mon Feb 27 2023 - 10:45
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