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Almost half of construction chiefs take dim outlook on Brexit

Almost half of construction chiefs take dim outlook on Brexit

CSO figures show 131,300 people, or 6.6% of the workforce, working in construction

Mon Jun 13 2016 - 00:01
Cork cider group secures five-year  supply contract  for France

Cork cider group secures five-year supply contract for France

Finnbarra – Stonewell Cider in Ireland – to be sold in on- and off-trade French outlets

Mon Jun 13 2016 - 00:01
Eight combustible areas that require Michael Noonan’s attention

Eight combustible areas that require Michael Noonan’s attention

Growth, banks, Nama, car insurance, mortgages, Apple – the returning Minister for Finance has much on his plate

Sat Jun 11 2016 - 12:00
European shares fall to four-week low under political pressure

European shares fall to four-week low under political pressure

Investors remain nervous about result of the Brexit referendum later this month

Sat Jun 11 2016 - 01:00
Ireland’s Brexit-sensitive stocks rattled before vote

Ireland’s Brexit-sensitive stocks rattled before vote

Bank of Ireland, C&C and ICG lead decliners among UK-exposed shares this week

Fri Jun 10 2016 - 17:48
Chinese join Irish State fund backing Draper Esprit IPO

Chinese join Irish State fund backing Draper Esprit IPO

Shares to start trading in Dublin and London on June 15th

Fri Jun 10 2016 - 11:34
Layoffs begin at Intel Leixlip plant

Layoffs begin at Intel Leixlip plant

Large portion of departing staff are middle management

Fri Jun 10 2016 - 06:15
Oaktree wins Nama’s Projects Ruby and Emerald

Oaktree wins Nama’s Projects Ruby and Emerald

US private equity firm beat off Cerberus and Lone Star

Thu Jun 09 2016 - 17:32
Nama profits may boost State’s ‘rainy day fund’

Nama profits may boost State’s ‘rainy day fund’

Noonan signals possibility after agency raises lifetime surplus forecast to €2.3bn

Thu Jun 09 2016 - 08:04
Qatari royal family set to acquire substantial stake in Eir

Qatari royal family set to acquire substantial stake in Eir

Move would afford Eir vital breather to continue restoring revenues before flotation

Thu Jun 09 2016 - 05:00
Nama raises profit target after 2015 earnings soar 300%

Nama raises profit target after 2015 earnings soar 300%

Lifetime surplus target for bad bank raised to €2.3 billion

Wed Jun 08 2016 - 14:30
PTSB may be best served by M&A deal, Michael Noonan told

PTSB may be best served by M&A deal, Michael Noonan told

Official notes signal EU ruling on Apple state-aid case may come ‘soon’

Wed Jun 08 2016 - 14:23
O’Brien’s Digicel reportedly bidding for Italian assets

O’Brien’s Digicel reportedly bidding for Italian assets

Bid would mark departure from Digicel’s focus on emerging markets

Wed Jun 08 2016 - 09:45
Eir sells €500m of bonds at half 2013 rate-cost

Eir sells €500m of bonds at half 2013 rate-cost

Telecoms group ups size of bond amid renewed demand for European junk bonds

Wed Jun 08 2016 - 08:57
George Soros cuts Hibernia Reit stake by more than half

George Soros cuts Hibernia Reit stake by more than half

Pension funds other long-term investors gradually replace initial hedge fund backers

Tue Jun 07 2016 - 12:14
State may sell Bank of Ireland shares in 2017, Investec says

State may sell Bank of Ireland shares in 2017, Investec says

Government owns almost 14 per cent of Bank of Ireland’s shares after crisis

Tue Jun 07 2016 - 09:47
Irish firms pile into ECB’s buy-up of corporate bonds

Irish firms pile into ECB’s buy-up of corporate bonds

The bank is to begin buying corporate debt – and firms are happy to sell. But the strategy has risks

Fri Jun 03 2016 - 07:40
Eircom poised to dial into bond market next week

Eircom poised to dial into bond market next week

Telecoms company seen using proceeds to refinance €350 million of high-cost debt

Fri Jun 03 2016 - 07:05
Apollo said to lead bidders vying for €650m Harcourt loans

Apollo said to lead bidders vying for €650m Harcourt loans

Loans also drew Oaktree bid and joint offer from Davidson Kempner, Deutsche Bank

Fri Jun 03 2016 - 05:10
Stocks unchanged as Draghi announces similar inflation forecasts

Stocks unchanged as Draghi announces similar inflation forecasts

Dublin closes without movement

Thu Jun 02 2016 - 19:43
Irish State fund backs reignited Draper Esprit IPO

Irish State fund backs reignited Draper Esprit IPO

Venture capital firm seeking to raise €102 million before flotation

Thu Jun 02 2016 - 07:45
Irish manufacturing growth slows ahead of Brexit vote

Irish manufacturing growth slows ahead of Brexit vote

Investec has warned the second quarter would be a ‘tricky period’ for activity

Wed Jun 01 2016 - 23:09
Smurfit’s FTSE 100 aim on hold after UK indices rejig

Smurfit’s FTSE 100 aim on hold after UK indices rejig

Tony Smurfit-led paper packaging group to join FTSE 250 this month

Wed Jun 01 2016 - 22:23
Airport operator DAA sells €400m bond hot on heels of ESB

Airport operator DAA sells €400m bond hot on heels of ESB

Corporate debt in demand as ECB prepares to buy euro zone company bonds

Wed Jun 01 2016 - 17:29
VC firm Draper Esprit reignites flotation plans

VC firm Draper Esprit reignites flotation plans

Company’s Irish operations headed by serial entrepreneur Brian Caulfield

Wed Jun 01 2016 - 12:08
Wolseley trading profit rises 18% in third financial quarter

Wolseley trading profit rises 18% in third financial quarter

Davy says Wolseley update “presents a mixed picture”

Wed Jun 01 2016 - 08:13
Andy McCue joins Hostelworld directors in buying stock

Andy McCue joins Hostelworld directors in buying stock

Hostelworld shares slumped by 33% on Thursday after warning on trading

Wed Jun 01 2016 - 08:04
JC Flowers and Apollo circling Irish-based bank

JC Flowers and Apollo circling Irish-based bank

EAA Covered Bond Bank being sold under wind-up of German bank WestLB

Wed Jun 01 2016 - 01:00
ESB seeks to sell €600m worth of bonds

ESB seeks to sell €600m worth of bonds

Energy company plans to refinance more costly short-term debt

Tue May 31 2016 - 17:28
Hostelworld chiefs snap up shares after slump

Hostelworld chiefs snap up shares after slump

Chief executive and chief technology officer spend almost €270,000 on company shares

Tue May 31 2016 - 09:54
European stocks remain stable amid day of thin trading

European stocks remain stable amid day of thin trading

Markets in UK and US closed due to public holidays and trading down 74% in Europe

Mon May 30 2016 - 21:49
Smurfit Kappa poised to join FTSE 250

Smurfit Kappa poised to join FTSE 250

Paper packaging company set to miss out on automatic qualification for FTSE 100

Mon May 30 2016 - 17:01
Banks' approach to fixing mortgages in arrears may lead to future problems

Banks' approach to fixing mortgages in arrears may lead to future problems

Quarter of owner-occupier accounts ‘fixed’ by arrears capitalisation ‘redefaulted’

Sun May 29 2016 - 10:48
Cost of liquidating IBRC reaches €3.1m

Cost of liquidating IBRC reaches €3.1m

Liquidators KPMG say 80 gathering data and eight IBRC staff working full-time

Sat May 28 2016 - 01:00
Hostelworld investors reassured on stake sale before slowdown

Hostelworld investors reassured on stake sale before slowdown

Travel website company’s stock fell by up to one-third on Thursday after trading update

Sat May 28 2016 - 01:00
Banks tougher than vulture funds on debt forgiveness

Banks tougher than vulture funds on debt forgiveness

Banks risk prompting compliant borrowers stopping payments if seen as easy on debt

Sat May 28 2016 - 01:00
Viridian repays costly debt after injection from new owner

Viridian repays costly debt after injection from new owner

I Squared Capital provided equity to discharge junior loan facility

Thu May 26 2016 - 01:00
Bank governor warns insurers against chasing riskier assets

Bank governor warns insurers against chasing riskier assets

Firms must grapple with protracted period of low rates, says Philip Lane

Wed May 25 2016 - 21:16
Ulster Bank to sell €875m of troubled mortgages

Ulster Bank to sell €875m of troubled mortgages

Loans part of €2.5bn portfolio sale planned by UK-controlled bank

Wed May 25 2016 - 14:00
AIB’s riskiest bonds jump as bank denies whistleblower claims

AIB’s riskiest bonds jump as bank denies whistleblower claims

Banks most junior bonds now trading at 90.5 cent on the euro

Wed May 25 2016 - 13:39
Eir plans new €150m revolving credit facility

Eir plans new €150m revolving credit facility

State’s largest telco says plan subject to approval from senior lenders

Wed May 25 2016 - 10:17
Legal issue may see gardaí evicted from Harcourt Square

Legal issue may see gardaí evicted from Harcourt Square

Property investment company is in a dispute with Office of Public Works

Wed May 25 2016 - 01:00
AIB says it doesn’t cut mortgage rates at Government’s ‘whim’

AIB says it doesn’t cut mortgage rates at Government’s ‘whim’

Strong profitability paves way to repay further €1.6bn of taxpayer aid

Wed May 25 2016 - 01:00
AIB posts rosy results but bad-debt challenge remains

AIB posts rosy results but bad-debt challenge remains

Figures suggest slowdown in bank’s progress on impaired loans

Wed May 25 2016 - 01:00
AIB may dispose of non-performing mortgage loans

AIB may dispose of non-performing mortgage loans

Bank says all options are under review in tackling problematic loans

Tue May 24 2016 - 09:16
AA confirms it is in talks to sell Irish business

AA confirms it is in talks to sell Irish business

Irish executives expected to get stake under takeover; Carlyle Cardinal is the expected buyer

Tue May 24 2016 - 08:53
AIB seeks to draw line under whistleblower allegation

AIB seeks to draw line under whistleblower allegation

Chairman Richard Pym denies allegation as bank eyes €1.6bn State repayment after profitable start to year

Tue May 24 2016 - 07:25
Permanent TSB profitabilty  about a third of target

Permanent TSB profitabilty about a third of target

Bank warned this month it may miss 10% 2018 return on equity aim

Mon May 23 2016 - 11:05
AIB seen cutting mortgage rates further by Noonan

AIB seen cutting mortgage rates further by Noonan

Central Bank governor warns mortgage controls carry competition risks

Fri May 20 2016 - 06:59
Central Bank sells €500m of bonds linked to Anglo bailout

Central Bank sells €500m of bonds linked to Anglo bailout

Bonds being sold down at a much faster rate than expected under 2013 agreement

Fri May 20 2016 - 01:00
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