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Lone Star nears sale of most of Quintain Ireland property assets to TPG

Lone Star nears sale of most of Quintain Ireland property assets to TPG

Company among the initial wave of overseas investors to buy here

Sat Jul 06 2024 - 07:15
Humphreys will not name date for pensions auto-enrolment launch - because she cannot

Humphreys will not name date for pensions auto-enrolment launch - because she cannot

Auto-enrolment start date has slipped several times before. Now pegged for ‘early 2025′, will it slip again?

Sat Jul 06 2024 - 06:00
AIB to seek 150 job cuts over three years

AIB to seek 150 job cuts over three years

Lender says move aimed at increasing 'efficiency'

Fri Jul 05 2024 - 12:18
Corre Energy to deliver one of Europe’s largest battery storage facilities

Corre Energy to deliver one of Europe’s largest battery storage facilities

Dublin-listed renewable energy storage developer has signed a deal with Dutch market leader SemperPower

Fri Jul 05 2024 - 07:43
Seán Quinn’s former properties in Kyiv: The battle and the war

Seán Quinn’s former properties in Kyiv: The battle and the war

IBRC liquidators have paused the sale of two key assets in Kyiv once owned by businessman Seán Quinn

Fri Jul 05 2024 - 06:00
Former Marsh Ireland broker banned from senior finance roles

Former Marsh Ireland broker banned from senior finance roles

Central Bank of Ireland investigation related to ‘unauthorised creation and modification of insurance documentation’

Fri Jul 05 2024 - 06:00
Central Bank governor urges Chambers to stick to budget spending rule Government has repeatedly broken

Central Bank governor urges Chambers to stick to budget spending rule Government has repeatedly broken

Gabriel Makhlouf urges Government against giveaway budget

Fri Jul 05 2024 - 00:01
India’s Tata Consultancy Services preferred bidder to build auto-enrolment pension system

India’s Tata Consultancy Services preferred bidder to build auto-enrolment pension system

Department of Social Protection confirms selection of Indian information technology company to build and run landmark pension system

Thu Jul 04 2024 - 07:10
Irish company behind ‘Milan’s third football team’ has days to comply with Nasdaq requirement

Irish company behind ‘Milan’s third football team’ has days to comply with Nasdaq requirement

Brera Holdings missed deadline to file annual report

Thu Jul 04 2024 - 06:00
European shares rise on mounting hopes of US rate cuts

European shares rise on mounting hopes of US rate cuts

Iseq All-Share index jumps 1.2 per cent, with home builders standing out among performers

Wed Jul 03 2024 - 17:55
Competition watchdog open to short-term lease on former Quick Park site at Dublin Airport

Competition watchdog open to short-term lease on former Quick Park site at Dublin Airport

CCPC blocked airport operator from acquiring site earlier this year but chairman says a short-term lease may be possible

Wed Jul 03 2024 - 17:00
Revolut’s Irish mortgages are a game changer, and the banks know it

Revolut’s Irish mortgages are a game changer, and the banks know it

Fintech’s huge customer base here makes it a true competitor to Irish lenders

Wed Jul 03 2024 - 06:00
Revolut plans to offer Irish mortgages from 2025

Revolut plans to offer Irish mortgages from 2025

Irish customer base at 2.7m at end of 2023 and on track to breach three million this year

Wed Jul 03 2024 - 06:00
Smurfit Kappa dip on last day on Iseq as High Court clears merger

Smurfit Kappa dip on last day on Iseq as High Court clears merger

Group will remain headquartered in Dublin and be led by Tony Smurfit

Tue Jul 02 2024 - 15:42
NTMA to put first €10bn in sovereign wealth funds into low-risk investments

NTMA to put first €10bn in sovereign wealth funds into low-risk investments

Reserves will reduce its borrowing requirement in coming years, agency says

Tue Jul 02 2024 - 14:30
Revolut’s profits soar as fintech eyes share sale valuing it above $40bn

Revolut’s profits soar as fintech eyes share sale valuing it above $40bn

Company sets sights on increasing Irish customer base to above 3m in 2024

Tue Jul 02 2024 - 06:03
PTSB poaches senior banking official from Department of Finance

PTSB poaches senior banking official from Department of Finance

Former banking analyst Scott Rankin said to be on gardening leave but expected to join bank, which is 57% State-owned

Tue Jul 02 2024 - 05:55
Motor insurance premiums unchanged in first half of 2023 even as damage costs soared

Motor insurance premiums unchanged in first half of 2023 even as damage costs soared

Central Bank report suggests cases are settled faster through Injuries Resolution Board than litigation route

Tue Jul 02 2024 - 05:39
European stocks advance after first round of French elections

European stocks advance after first round of French elections

Banks lead Iseq higher as wider European banking sector posts good performance led by French lenders

Mon Jul 01 2024 - 19:20
Ardagh to halt production at two US glass factories

Ardagh to halt production at two US glass factories

Earnings and revenue at the group have fallen, driven by declines as drinks companies cut back orders

Sat Jun 29 2024 - 06:00
Vodafone’s various chief executives struggle to convince investors on firm’s turnaround

Vodafone’s various chief executives struggle to convince investors on firm’s turnaround

Margherita Della Valle is wielding axes with several deals in the offing and a mission to cut 11,000 jobs over three years

Sat Jun 29 2024 - 06:00
Taoiseach to meet bank leaders for talks on mortgage rates

Taoiseach to meet bank leaders for talks on mortgage rates

In first meeting with Harris, heads of Bank of Ireland, AIB and PTSB expected to say they were among the slowest in Europe to increase rates on foot of ECB hikes

Sat Jun 29 2024 - 06:00
An Post revenues rise as ‘frothy’ ecommerce offsets fall of traditional letters

An Post revenues rise as ‘frothy’ ecommerce offsets fall of traditional letters

Ecommerce is currently growing at about 16% while post volumes are falling at a rate of about 9%

Thu Jun 27 2024 - 14:34
Chambers refuses to scrap AIB pay cap as State stake falls below 30%

Chambers refuses to scrap AIB pay cap as State stake falls below 30%

State has recovered €16 billion to date from banks crisis-era bailout

Thu Jun 27 2024 - 14:08
Smurfit Kappa gets the nod from regulators to complete WestRock merger

Smurfit Kappa gets the nod from regulators to complete WestRock merger

Deal worth €23.4bn subject to High Court approval, with shares in new entity Smurfit WestRock to begin trading on New York Stock Exchange on Monday

Thu Jun 27 2024 - 07:47
India’s TCS closes in on €150m deal to build Irish auto-enrolment system

India’s TCS closes in on €150m deal to build Irish auto-enrolment system

Awarding of 10 year contract expected to be finalised within weeks

Thu Jun 27 2024 - 06:00
Irish real wages grow for first time in two years as inflation eases

Irish real wages grow for first time in two years as inflation eases

ESRI warns Ireland needs to keep attracting migrants to maintain economic growth

Thu Jun 27 2024 - 00:15
European shares slip as French elections awaited

European shares slip as French elections awaited

Political uncertainty weighing on dealer sentiment

Wed Jun 26 2024 - 19:06
Irish stock market group seeks State backing for €400m IPO fund

Irish stock market group seeks State backing for €400m IPO fund

Dublin market now at ‘critical juncture’ warn officials involved in Irish equity market

Wed Jun 26 2024 - 17:28
State’s AIB stake to drop close to 25% as another block of shares put on market

State’s AIB stake to drop close to 25% as another block of shares put on market

Trade is expected to raise in excess of €570 million

Wed Jun 26 2024 - 17:16
Corre investors urged to reject plan to allow unchecked 20% share sale

Corre investors urged to reject plan to allow unchecked 20% share sale

Institutional Shareholder Services says move is ‘not in line with commonly used safeguards’

Mon Jun 24 2024 - 06:15
Aviva’s Irish life arm appoints Helen Nolan as chairwoman

Aviva’s Irish life arm appoints Helen Nolan as chairwoman

Appointee is former group secretary of Bank of Ireland

Mon Jun 24 2024 - 06:00
Asking prices for Irish homes climb 6.7% in second quarter amid supply shortfall

Asking prices for Irish homes climb 6.7% in second quarter amid supply shortfall

Daft.ie says average listed price nationwide just under €340,000

Mon Jun 24 2024 - 06:00
Irish liquidators put planes belonging to Kremlin-owned GTLK firms up for sale

Irish liquidators put planes belonging to Kremlin-owned GTLK firms up for sale

Western creditors seeking recovery of $1.75bn that they claim is owed

Sun Jun 23 2024 - 19:13
Government unveils €300m aid for manufacturing decarbonisation

Government unveils €300m aid for manufacturing decarbonisation

Majority of industrial emissions are generated by companies primarily in the food and beverage, cement, pharmaceutical, and chemicals sectors

Sun Jun 23 2024 - 15:16
Novo Nordisk drops Dublin factory plan

Novo Nordisk drops Dublin factory plan

Seen & Heard: Inheritance tax reduction, Press Up stake and Spar sale

Sun Jun 23 2024 - 11:39
Michael McGrath faces AIB shares dilemma as he looks to senior role in Brussels

Michael McGrath faces AIB shares dilemma as he looks to senior role in Brussels

Timing of the sale of next tranche is sensitive for Minister with one eye on Brussels commission post and Cabinet colleagues facing into election

Sat Jun 22 2024 - 05:00
Capreit’s final 9.7% Ires stake sold to a number of investors

Capreit’s final 9.7% Ires stake sold to a number of investors

London-based opportunistic investment firm Asset Value Investors among main buyers

Fri Jun 21 2024 - 06:00
Bank of Ireland lines up senior executive Gavin Kelly as Davy CEO

Bank of Ireland lines up senior executive Gavin Kelly as Davy CEO

Bernard Byrne, who took charge of the business in 2021 and oversaw its sale to Bank of Ireland, announced his intention to leave the firm last year

Fri Jun 21 2024 - 06:00
European shares rise after Swiss rate cut and mounting talk of Bank of England move

European shares rise after Swiss rate cut and mounting talk of Bank of England move

Iseq All-Share index dipped 0.4 per cent to 9,545.64, with heavyweights Kerry and Ryanair declining

Thu Jun 20 2024 - 18:50
Citigroup names new chief executive for EU hub in Dublin

Citigroup names new chief executive for EU hub in Dublin

Ignacio Gutiérrez-Orrantia has over 30 years experience in the sector

Thu Jun 20 2024 - 12:02
Datalex plans share sale to repay €13m of high-cost Desmond loans

Datalex plans share sale to repay €13m of high-cost Desmond loans

Billionaire owns about 41% of the airline retail software company

Thu Jun 20 2024 - 07:42
Canada’s Capreit sells remaining shares in Irish property group Ires

Canada’s Capreit sells remaining shares in Irish property group Ires

Capreit has sold its remaining 9.7% stake in the Ireland’s biggest private landlord

Wed Jun 19 2024 - 18:28
Smurfit Kappa shares jump on news of S&P 500 inclusion after merger

Smurfit Kappa shares jump on news of S&P 500 inclusion after merger

Analysts say inclusion in keenly-followed S&P indices from next month is sooner than expected

Wed Jun 19 2024 - 13:38
Nama upgrades lifetime State return forecast to €5.2bn

Nama upgrades lifetime State return forecast to €5.2bn

So-called bad bank set to take over remaining Irish Bank Resolution Corporation assets and complete its wind-down by the end of 2025

Wed Jun 19 2024 - 10:00
Irish stock exchange owner pushes for retail investor scheme like UK individual savings accounts

Irish stock exchange owner pushes for retail investor scheme like UK individual savings accounts

Dearth of stock market flotations and high profile delistings are driving campaign for tax incentives ahead of Budget 2025

Wed Jun 19 2024 - 06:00
AI chip giant Nvidia leapfrogs Microsoft and Apple as most valuable listed company

AI chip giant Nvidia leapfrogs Microsoft and Apple as most valuable listed company

Banks were in focus on Dublin market as it was confirmed that euro zone inflation ticked up to 2.6 per cent in May

Tue Jun 18 2024 - 18:00
Bank of Ireland uses Santander to insure €1.4bn of loans to reduce capital drag

Bank of Ireland uses Santander to insure €1.4bn of loans to reduce capital drag

Rival AIB has also been considering entering similar insurance deals for some time

Tue Jun 18 2024 - 15:51
Irish Nationwide inquiry makes findings against former finance director Purcell

Irish Nationwide inquiry makes findings against former finance director Purcell

John Stanley Purcell is the final individual subject to inquiry among five senior INBS figures originally put forward for investigation in 2015

Mon Jun 17 2024 - 11:38
Nearly two-thirds of large Irish companies using AI in financial reporting

Nearly two-thirds of large Irish companies using AI in financial reporting

Executives cite advantages such as predicting trends, effects and providing real-time insight into risks

Mon Jun 17 2024 - 05:47
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