Motor-to-agri lender First Citizen slides to €11.7m loss Nonbank lender struggles to pass on rising funding costs to customersWed Nov 27 2024 - 06:00
Facebook parent’s Irish arm pays €900m dividend as profit risesSocial media giant sees turnover near €70bnTue Nov 26 2024 - 16:21
Digicel faces US justice department investigation over possible breachesMobile phones group founded by Denis O’Brien reported itself over possible violations of US Foreign Corrupt Practices ActTue Nov 26 2024 - 12:03
Malin soars 37% as main investment to be bought by RocheOverall deal for Poseida, in which Dublin-based firm has 12% stake, is worth €1.4bnTue Nov 26 2024 - 11:24
PrepayPower owner’s sales up 23% last year on price rises and more customers Turnover tops €376m for the yearTue Nov 26 2024 - 06:00
Housing bodies to assess removal of their borrowings from State balance sheetAHB sector is the most active bulk buyer of homes in the countryTue Nov 26 2024 - 06:00
AIB commits €20m to sustainability education and researchMary Robinson addresses bank’s eighth annual sustainability conferenceMon Nov 25 2024 - 07:02
Search for auto-enrolment asset managers to start within weeksOfficials now plan flat charge on participants to run scheme which will hit lower paid people harderMon Nov 25 2024 - 05:33
Teneo’s Irish profits jump on restructuring unit growth and German dealFirm’s client roster includes Bank of Ireland, Circle K, British and Irish Lions rugby, Fáilte Ireland, Aer Lingus, Toyota and Dublin ZooMon Nov 25 2024 - 05:00
Credit unions report 51% jump in mortgage lending in year to SeptemberCommunity lenders hoping Central Bank will further ease mortgage lending rules in review due to conclude next monthMon Nov 25 2024 - 05:00
AIB moves some bad-loan risks off balance sheet to support investor payoutsSignificant risk transfer agreement sees institutional investors take on part of the risk of losses on €1bn of corporate loans in portfolioMon Nov 25 2024 - 05:00
Royal London enters fast-growing Irish PRSA marketFlexible personal pension model has been boosted by government efforts to steer business owners away from single-member schemesMon Nov 25 2024 - 04:59
Ireland’s corporate tax boom makes the front page of the Wall Street JournalSeen & Heard: Party manifesto funding ‘holes’; Daft.ie nears €300m sale; Buyer for Bord na Móna recycling operationSun Nov 24 2024 - 11:06
Volkswagen woes reflect wider German malaise as election nearsGerman car industry languishing amid struggle to master electric vehiclesSat Nov 23 2024 - 06:00
Pepper operating profits fall amid €4.5m hit from undercharging errorFinancial hit lowered operating profit almost 17% to €8.75m according to annual financial statementFri Nov 22 2024 - 15:18
McCanns win votes to take Balmoral private amid cries of ‘corporate greed’Small shareholders face being squeezed out under dealThu Nov 21 2024 - 15:36
Gardaí prepare DPP file amid investigation into funds industry figurePerson at centre of inquiry is veteran of State’s international funds sectorThu Nov 21 2024 - 06:10
Ex-Mainstream chief’s Aer Soléir signs Greek windfarm deal with AmazonNew purchase agreement meets Amazon commitment to net-zero carbon operations by 2040Wed Nov 20 2024 - 10:34
Israeli embassy and Germany’s second World War mission in Dublin face receivership saleMel Sutcliffe’s Quanta Capital says receiver has been appointed to 27 property assets that it manages by lender Relm FinanceWed Nov 20 2024 - 05:00
FBD names former Tirlán CEO as next chairmanJim Bergin to take up post next MayTue Nov 19 2024 - 16:23
Bank of Ireland cuts all its fixed home mortgage rates by 0.5% Move puts lender’s rates close to rival AIB as analysts expect European Central Bank to cut interest rates again in DecemberTue Nov 19 2024 - 10:07
US investor SVP confirms deal to buy Blanchardstown CentreDeal is reckoned to be worth €600mMon Nov 18 2024 - 15:17
Big ECB rate cut in December ‘not inevitable’, warns MakhloufCentral Bank governor insists he is ‘chilled’ on inflation reaching 2% targetMon Nov 18 2024 - 11:58
DCC renounced its roots in bid to lure investors down a green pathCEO Donal Murphy has continued the sell-off trend, announcing plans to exit two of DCC’s remaining businesses in healthcare and technologySat Nov 16 2024 - 06:00
New health insurance company backed by Aviva claims it can offer ‘meaningful savings’ New health insurance company to go public with its offering todayFri Nov 15 2024 - 06:00
Buswells Hotel, opposite Leinster House, may be bought by London-based property firmRoundstone Real Estate understood to have secured financing from company owned by nephew of JP McManusFri Nov 15 2024 - 06:00
Flutter CEO signals bid interest in Italy’s main lottery licenceUS market dominates growth for company, with revenues jumping 51%Wed Nov 13 2024 - 15:10
Children’s Hospital builder rejects ‘ill-informed’ overruns talk as profits soar 79%Estimated cost of facility being built by BAM Contractors has soared to €2.2bnWed Nov 13 2024 - 12:47
DCC shares soar on plan to abandon conglomerate roots to focus on energy sectorCompany plans to sell healthcare division, review options for technology businessTue Nov 12 2024 - 07:38
Kerry Group agrees to sell dairy division to Kerry Co-op in €500m dealCo-op will take a 70% stake in Kerry Dairy Ireland, with an. option to buy remaining share by 2030Tue Nov 12 2024 - 07:26
Kerry Group agrees fresh dairy joint venture with Kerry Co-opDeal follows breakdown of joint venture talks in 2021 after disagreement over priceMon Nov 11 2024 - 20:42
New rare disease drugs firm Oranda seeks to raise up to €35mmedicine to treat genetic obesity which is going through clinical trialsMon Nov 11 2024 - 18:49
Kainos’s shares rally on £30m share buyback despite sales alertsBelfast firm had warned twice in recent weeks of struggling salesMon Nov 11 2024 - 12:30
Bank of Ireland investors fear UK car finance cost will dwarf tracker scandalLandmark court of appeal ruling piles pressure on UK regulator to impose large compensation scheme on lendersSat Nov 02 2024 - 06:01
Mainstream books further €134m charge on Chile amid talk of sale‘Material reduction’ in head office running expenses planned with redundancies likelyFri Nov 01 2024 - 18:18
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
