Bank of Ireland pauses new UK car finance offers after shock industry rulingBank’s UK car finance arm Northridge Finance pauses new lending ‘for a short period’ following court of appeals ruling relating to existence and size of commissionsFri Nov 01 2024 - 05:56
Interpath Ireland set to post €13m of revenues in first full year of operationKen Fennell and Kieran Wallace, the founding managing partners, say the firm is currently trading profitablyFri Nov 01 2024 - 05:53
Smurfit Westrock posts quarterly loss after $500m of merger-related costs Dublin-based Smurfit Westrock turned in a net loss of $150 million for the third quarterWed Oct 30 2024 - 11:21
Bank of Ireland shares slide on concerns over rates and UK car finance investigationThe bank said that it will pay an interim dividend of 35c to shareholders next weekWed Oct 30 2024 - 07:46
Irish-led firm expects sale of stake in Swedish rare minerals project in ‘near future’Cathal Friel’s European Green Transition hopes sale will allow it focus on revenue generating opportunities in the green energy transitionTue Oct 29 2024 - 17:00
PTSB eyes cost cuts as interest rates fall faster than expectedPTSB’s share of new Irish mortgage lending rose to 16.3% in the third quarter from 13.5% for the first six months of the yearTue Oct 29 2024 - 07:47
Irish dealmaking rises 11% in third quarter to outpace global trendDavy expects full-year deal volume to exceed 400 transactionsTue Oct 29 2024 - 05:17
Kingspan expects EU decision on Trimo deal investigation within monthsCavan-based company also disclosed it has not yet set aside any provisions for a potential fine stemming from the investigationMon Oct 28 2024 - 05:58
Grant Thornton Ireland equity partners to get €6.5m each in US mergerSeen & Heard: Aer Lingus job cuts, State’s AIB share sales, Pfizer’s Irish subsidiaries and the creep of cashless paymentsSun Oct 27 2024 - 11:32
McCanns to push Balmoral stake near to 80% in take-private planPlanned share buyback will cost €18 million in totalSun Oct 27 2024 - 00:01
Irish funds review offers hope for small-time investors but misses big opportunityThis is largely down the lunacy of the Irish system where capital gains tax on individual investments is levied at a rate of 33 %Sat Oct 26 2024 - 08:00
Goodbody CEO Martin Tormey: ‘We lost our way a little, but there is a big opportunity now’The chief of the leading financial services provider stresses the importance of keeping Irish companies Irish for as long as possibleFri Oct 25 2024 - 06:12
Goodbody Stockbrokers plans ‘modest’ bonuses amid return to profitGoodbody Stockbrokers has grown its employee count to over 400 since AIB acquisition three years agoFri Oct 25 2024 - 06:00
Ardagh cuts glass forecasts again as it continues to weigh options for €11.5bn debtFall driven by a drop in glass volume sales in North AmericaThu Oct 24 2024 - 17:42
Grant Thornton Ireland and US firm to merge non-audit businessesIrish operation had hired Deutsche Bank to advise on future strategyThu Oct 24 2024 - 16:34
Bankinter’s Irish mortgage lending share outstrips home market in SpainBank sees home loan book here grow strongly over last 12 monthsThu Oct 24 2024 - 11:17
Kingspan debuts on bond market with €750m dealDeal comes in same week as firm said it had taken majority stake in Nordic WaterproofingThu Oct 24 2024 - 10:20
Motor insurers’ profitability falls to lowest level since 2017 as damage claims riseMotor insurance sector would have made a loss in 2023 had reserves not been releasedThu Oct 24 2024 - 06:15
Macquarie-backed Viatel runs rule over BT IrelandUK telecoms giant’s Irish unit recently put on market for second time in five yearsThu Oct 24 2024 - 06:05
Tax rate on investments in funds should be lowered, Department of Finance officials recommendOfficials recommend that taxation on investments in funds be aligned with the lower 33 per cent capital gains tax rateTue Oct 22 2024 - 13:44
US investment giant AllianceBernstein opens Irish office to serve EU marketgroup, which has more than $800 billion (€740bn) of assets under management, has appointed Irish funds executive Phelim Keogan as country head of the office hereTue Oct 22 2024 - 05:37
AIB to invest €40m in upgrades to branch networkMove comes two years after bank rowed back on dropping cash services from 70 branchesMon Oct 21 2024 - 06:00
Boeing’s new boss must build bridges with Seattle factory floor to end permacrisisWith quarterly figures dues on Wednesday, chief executive Kelly Ortberg is unlikely to have a comprehensive strategy by then to calm investor nervesSat Oct 19 2024 - 06:00
Nama to transfer sites for 4,000 potential homes to Land Development AgencySo-called bad bank has moved to take direct ownership of certain land ahead of its wind-down next yearThu Oct 17 2024 - 11:04
Moy Park sales top £2bn as households turn to chicken amid inflationNorthern Ireland’s largest private company saw its sales rise 10.7 per cent last yearThu Oct 17 2024 - 06:00
European shares fall as investors take cover ahead of ECB rates meetingIrish banks out of sorts as builders trend lowerWed Oct 16 2024 - 18:14
State may sell final AIB shares next year, CEO Colin Hunt saysEuropean governments selling down crisis-era bank stakes, taking advantage of strong sector valuations amid heightened interest ratesWed Oct 16 2024 - 11:34
Goodbody names Paul Flynn as investment management headAppointment is one of a number announced by the stockbrokerWed Oct 16 2024 - 06:00
Government bodies will have to accept cash under payments planFuture contracts will not be able to include a ‘no cash’ clauseTue Oct 15 2024 - 17:50
Pepper starts to cut variable rates after two ECB reductionsECB widely expected to reduce official rates again on ThursdayTue Oct 15 2024 - 12:01
Stopgap mortgages remain a bridge too far for Irish banks despite new ICS productBanks still chastened by the crash are unlikely to offer such financingSat Oct 12 2024 - 07:00
Government move on PRSA loophole ‘leaves short window’ for business ownersFinance Bill has placed a limit on employer contributions from a BIK-exemption perspective to 100 per cent of income drawn from the business in the same yearFri Oct 11 2024 - 17:22
Mainstream secures grid link for South Korean floating wind farm1.1GW development equates to a fifth of peak electricity demand in the Irish marketFri Oct 11 2024 - 06:00
Accounting watchdog warns companies on regulatory investigation disclosuresDisclosure required when the possibility of financial impact from such investigations is ‘other than remote’Thu Oct 10 2024 - 05:00
Excessive budget spending is putting economy at risk, Central Bank governor warnsBudget 2025 marked the fourth straight year in which spending will breach the 5% growth rule set by GovernmentWed Oct 09 2024 - 13:45
Home movers: Short-term bridging loans to be offered after vanishing in Ireland post-crashShort-term property loans essentially disappeared in the wake of the property crashWed Oct 09 2024 - 08:23
Irish billionaires-backed Barchester’s profits soar Nursing home business counts John Magnier, Dermot Desmond and JP McManus among its backersWed Oct 09 2024 - 06:00
DCC to buy Irish medical products firm Iskus HealthMultimillion-euro deal set to beef up the conglomerate’s healthcare divisionWed Oct 09 2024 - 06:00
Greencore shares soar to highest level since Covid on earnings upgradeShares in UK’s largest sandwich maker rose as much as 9 per cent in early tradingTue Oct 08 2024 - 11:29
Humphreys to start search for auto-enrolment investment managersAnnouncement comes a week after she confirmed start date for mandatory workplace pension scheme of September 30th, 2025Mon Oct 07 2024 - 05:00
Corre Energy offers cautionary tale as Government bids to revive IPOsAn extraordinary general meeting on Monday will consider investor moves to populate the board with new nomineesSat Oct 05 2024 - 06:00
Xavier Niel starts to mop-up US hedge funds’ Eir sharesFrench billionaire moving to take full control of telecoms firmFri Oct 04 2024 - 06:00
The French billionaire who will hold on to Eir ‘until the day I die’Worth an estimated €10bn, Niel is one of your ‘always on’ kind of entrepreneursFri Oct 04 2024 - 06:00
Corporation taxes drove 11% jump in Exchequer receipts in lead up to budgetGovernment expects to post a €23.7bn surplus in 2024, by far the largest on recordThu Oct 03 2024 - 16:47
IPOs set for €1m expenses relief in bid to boost flotationsBudget 2025: Measure will be offered on a recognised stock exchange in IrelandWed Oct 02 2024 - 06:00
Plans for ‘transformational’ Apple tax money to be announced in early 2025Budget 2025: €3bn raised this year from the sale of AIB shares earmarked for infrastructure and developmentTue Oct 01 2024 - 14:12
Corre says strategic investor may not be locked in until 2025Renewable energy storage developer to focus on two German projects as lead Dutch project runs into ‘permitting challenges’Mon Sept 30 2024 - 08:06
As French bond rates near Greece, Macron is indebted to an old foe that things are not worseFrance now finds itself the sick child of Europe, so what would the French president give for a François Hollande figure to step forward?Sat Sept 28 2024 - 06:30
Corre shareholders move on board seats after stopgap loanCorre will publish its interim results on MondayFri Sept 27 2024 - 18:16
PTSB shares rise as Moody’s upgrades credit ratingShares in the lender rose 1.2 per cent to €1.72 on Friday, giving it a market value of €944mFri Sept 27 2024 - 18:04
