Axa Ireland pays €270m in dividends to French parent since pandemicInsurer returns to profit on insurance business as motor premiums rise but investments continue to deliver lion’s share of earningsMon May 27 2024 - 05:00
Ibec warns against giveaway budget before electionTaoiseach expected to reiterate Government pledges for tax cuts and welfare increases at National Economic Dialogue in DublinMon May 27 2024 - 05:00
Pfizer’s Irish tax affairs under US senate committee spotlightHomebuilder Cairn buys Dublin site, Blanchardstown SC debt deal; CRH invests in Ukraine and Citigroup staff uneaseSun May 26 2024 - 10:44
Building apartments for sale becoming less viable as costs rise, pre-Budget papers showResearch suggests State unlikely ever to be more than minority provider of development capital for homesSat May 25 2024 - 06:00
Greencore still mired in ‘lost decade’ even as first-half results drive stock up 20%Post-Covid management team trying to turn business around, addressing loss-making facilities and need for investmentSat May 25 2024 - 05:00
European shares close flat as investors rein in hopes for ECB rate cutsSuccessful quarterly earnings at US chipmaker Nvidia have boosted technology shares on global marketsThu May 23 2024 - 18:21
Outgoing Bank of Ireland chairman takes fresh aim at bonus cap Investors told the group plans to invest ‘in the region of €2 billion future proofing’ the business over the next four years, by chief executiveThu May 23 2024 - 15:03
AIB puts The Square in Tallaght into receivership after sale stalledOwners of independently owned units will not be impacted by processThu May 23 2024 - 14:51
Corre raises €2.1m of short-term cash from founders and long-term investorFirm says talks continuing with parties interested in making a ‘strategic investment’ in the businessThu May 23 2024 - 08:55
Irish consumer mood slips for fourth month in a rowFive previous occasions in 28-year history of data in which confidence has weakened for four successive monthsThu May 23 2024 - 06:00
Evelyn Partners hires investments veteran Brian Weber for senior roleEvelyn Partners Investment Management (Europe) Limited is the group’s hub for providing services to clients in Ireland and other EU countriesWed May 22 2024 - 10:25
ICS Mortgages to cut rates and lend up to age 80 in bid to rebuild market shareFirm had pulled back from lending as ECB interest rates soaredWed May 22 2024 - 07:00
US owner hires banks to run €2.75bn Energia saleI Squared Capital seeking to offload Irish utility eight years after purchaseWed May 22 2024 - 06:00
ECB holds ‘retreat’ in Kilkenny before expected June rate cutGoverning council members are expected to unofficially discuss the future pace of rate cutsTue May 21 2024 - 10:57
Corre may tap investors for short-term cash as third-party talks continueIrish-run but Dutch-based business reveals it had €1m cash at the end of last year, down from €3.4m a year earlierTue May 21 2024 - 08:07
Irish FTSE giant DCC fails to get credit for green shift as other parts of group drag‘If you invested £100,000 30 years ago in DCC when we floated, you’d have £6.4 million in your back pocket today,’ says chief executive Donal MurphySat May 18 2024 - 07:30
European shares dip amid concerns over pace of ECB rate cutsOn the Iseq banking stocks were largely higher, with AIB gainingFri May 17 2024 - 18:11
Aviva Insurance Ireland CEO: ‘There is still a huge incentive for solicitors to push for litigation’Declan O’Rourke on re-entering health insurance, and how he ended up in the top jobFri May 17 2024 - 06:00
Irish homeowners have €39bn underinsurance problem – AvivaAbout 60% have failed to increase level of coverage to keep pace with sharp rise in house rebuilding costsFri May 17 2024 - 06:00
PTSB cuts mortgage rates for new and existing customersThree-year fixed rate for new and existing customers will fall by more than 1.05 percentage pointsWed May 15 2024 - 18:29
Bank of Ireland to wind down €2bn British corporate lending businessForty jobs at risk in bank’s latest retrenchment in increasingly profitable UK marketWed May 15 2024 - 05:00
DCC shares slip as earnings miss takes shine off green transitionMore than a third of group’s profits now come from businesses such as biofuels, solar panels and heat pumpsTue May 14 2024 - 08:35
Ires deal to silence activist won’t save it from tough questions at next week’s agmIres Reit has managed to temporarily muzzle activist Canadian fund Vision Capital that has waged a sell-up campaign since last April - but that won’t quieten the voices stirred by its crusadeSat May 04 2024 - 06:00
Insurance reform: bringing stability and lower costs to contentious claims process Injuries Resolution Board boss expects Supreme Court clearance of guidelines for personal injury awards to reduce incentive to litigateFri May 03 2024 - 05:05
Hostelworld chairman Michael Cawley to step down after nine yearsHostel-booking group plans to repay remaining €7.5m balance on a AIB loan by end of June, two years ahead of scheduleThu May 02 2024 - 10:38
Smurfit Kappa sees cardboard box demand recover as WestRock merger on track for JulyDemand for cardboard boxes had slumped following a pandemic-fuelled spike in demand for durable goodsThu May 02 2024 - 07:42
AIB mortgage share rises leaving top two banks with more than 75% of marketDeposit customers continue to be slow at moving money from low-rate on-demand accounts to higher-yielding savings products, bank saysThu May 02 2024 - 07:20
Post-Brexit EU hub Numis set-up in Dublin to be wound down after Deutsche takeoverIt is understood that most staff are being offered an opportunity to be redeployedThu May 02 2024 - 06:15
UK shares fall ahead of Fed decision as Irish and most European markets closedMarkets digesting that rate cuts could be lower and slower than anticipated in USWed May 01 2024 - 18:44
Mainstream eyes multibillion euro Australian project as losses narrowDublin-based renewables firm and three partners awarded feasability licenceWed May 01 2024 - 11:12
Irish-based bank with most loans to Russian clients cuts exposure by 80%Dublin-based Intesa Sanpaulo unit slashes size of Russia businessWed May 01 2024 - 06:00
Bank of Ireland raises interest income forecast as it expects slower pace of rate cuts from ECB The bank’s market share of new mortgage lending was 40 per cent for the first two months of the yearTue Apr 30 2024 - 07:50
Irish executives with pension funds at €2m limit to be caught by auto-enrolmentAnything above so-called standard fund threshold is taxed at 40%Tue Apr 30 2024 - 06:00
Central Bank improves resilience of Irish-listed UK funds that sparked crisis in 2022The funds at the centre of the move are called liability-driven investment funds. While they are typically managed from London, many of them are listed in Dublin and LuxembourgMon Apr 29 2024 - 18:12
European Green Transition takes option on copper remnants from Cypriot mineIrish entrepreneur Cathal Friel orchestrated the flotation of company earlier this monthMon Apr 29 2024 - 08:34
Top Irish insurers recoup most of 2022 investment losses Investors betting on pace at which central banks will cut ratesMon Apr 29 2024 - 06:15
Johnny Ronan claims he is owed €3.3m relating to Fibonacci Square office developmentDeveloper says he may pursue a court petition for a wind-up of the Fortress company that ultimately owns developmentMon Apr 29 2024 - 06:15
Irish venture capital investment slides 80% in first quarter amid global slumpTotal number of Irish VC deals declined to 17 from 24 year-on-yearMon Apr 29 2024 - 05:55
Bank of Ireland to invest €34m in customer service improvementsLender claims that the technology investment will lead to faster resolution of customer callsMon Apr 29 2024 - 05:30
Investment funds needed for 50,000 homes a year, Government warnedSeen & Heard: Pino Harris’s will, insurance premiums and former Quinn hotel for saleSun Apr 28 2024 - 11:50
PTSB most exposed Irish lender to competitive threat from Spanish move into marketBankinter’s Avant Money is looking to expand its product and service offerings as it becomes a bank branch, beginning initially with depositsSat Apr 27 2024 - 05:00
Arrival of first overseas bank since Celtic Tiger a ‘win’ for consumersBankinter decision to target savings rates will be welcomed by Irish customers who largely have their money in ‘on demand’ accounts offering paltry returnsSat Apr 27 2024 - 02:00
Spain’s Bankinter to enter Irish banking marketMove would mark the first new entrant here since 2005, and follows a slew of exits since the crashFri Apr 26 2024 - 08:39
Ardagh weighing ‘all options’ to lower debt burden as earnings dropGroup revenue declined to $2.17 billion in the first quarter from $2.27 billion for the same period last yearThu Apr 25 2024 - 17:59
Ires says sale of property assets would be ‘challenging’ in short-term as review continuesIres says opportunities for extra revenue generation, including from car parkingThu Apr 25 2024 - 17:48
CRH apologises to shareholders hit by dividend issues since US moveShares in the company have jumped by more than 40% since they began trading in New York last year, giving a market value of just under €50 billionThu Apr 25 2024 - 13:59
South African insurer launches car and home insurance products in Irish marketOutsurance has conducted a soft launch of products ahead of its official opening here in MayMon Apr 22 2024 - 05:57
Smurfit’s move to box in WestRock looks sweeter as top rivals announce engagementCapital expenditure at WestRock could increase from average $1 billion for the past eight years to an average $1.73 billion over each of the next threeSat Apr 20 2024 - 06:00
Bank of America added 200 roles in Dublin as EU hub’s profits jumpedPretax profits rose by 158% last year to €1.73 billion, helped in part by rising interest ratesFri Apr 19 2024 - 18:48
Ardagh’s riskiest bonds hit low of 21 cent on the euro on Apollo dealDeclines follow Ardagh’s deal with the debt solutions company to buy out some of the group’s riskiest bondsFri Apr 19 2024 - 18:13
