Aryzta’s nine-month sales rise 23.8%, driven by price increasesFood group owns Cuisine de FranceTue May 30 2023 - 08:15
BNY Mellon sets up global digital research hub in Dublin to drive AIThe new unit will initially comprise a digital team of about 30, which BNY Mellon aims to double by the end of 2025Tue May 30 2023 - 05:00
Digicel parent’s bondholders agree writedowns as wider deal for telco nears completionDenis O’Brien-owned group expects to file for Chapter 15 bankruptcy protection as part of wider debt restructuring agreementMon May 29 2023 - 20:00
European stocks slip as many markets closed and investors mull US debt-ceiling dealUS president Joe Biden’s deal with House speaker Kevin McCarthy triggers ‘optimism of reaching agreement’ on debt ceilingMon May 29 2023 - 19:42
CRH expected to scale back investor returns from record €3.3bn this yearFitch sees the building materials giant reducing its total shareholder remuneration to $2.5 billion next year and an average of $2 billion annually between 2025 and 2026Mon May 29 2023 - 14:09
McCann’s Balmoral land group targets small investors with offer to buy out their shares Balmoral said in a circular this week that it is seeking to initially spend €2m buying shares from small shareholders who have found it costly and difficult to dispose of their stockFri May 26 2023 - 21:04
European shares put in best day in two months as techs shineMain benchmark logs steep weekly decline on growing concerns over slowing global economy and uncertainty around US debt ceiling talksFri May 26 2023 - 17:56
C&C hopes ‘promiscuous’ pubs will give it another chance after €25m IT fiascoThe profit hit related to a botched implementation of a new warehousing management software system by the Irish cider and beer makerFri May 26 2023 - 15:38
Barryroe offered merger option that could allow it to pursue State compensationMinister did not grant permit to progress work on gas and oil field off Cork coastFri May 26 2023 - 06:00
The €13bn Apple Tax case is entering its final chapter. Here’s what you need to knowEuropean Commission’s last-ditch effort to make Apple pay the Republic more than €13 billion of alleged back taxes came before EU’s highest court this weekFri May 26 2023 - 05:14
Ulster Bank targets 813 further redundancies as wind-down continuesLender’s main trade union says staff cuts will be made over the next 12 monthsWed May 24 2023 - 13:47
Ex-Department of Finance official leads €100 trillion EU bond market transparency bidNeil Ryan tapped to lead efforts to build central feed for bond trading in EUWed May 24 2023 - 05:00
Bank of Ireland says ‘right balance’ needed on loan and savings rate hikesChairman Patrick Kennedy notes Bank of Ireland was the top performing large euro zone bank stock in 2022 with 74% rise in valueTue May 23 2023 - 14:11
Explainer: why is the Apple tax case hearing important?The stakes are high for both the European Commission and Apple as they face off before the EU’s final court of appealTue May 23 2023 - 12:39
Barryroe partner plans to chase State for over $100m as Ryan pulls plug on oil and gas prospectShares in Barryroe Offshore Energy plunge 49% while minority partner in oil project off Cork coast, Lansdown Oil & Gas, slumps 53%Mon May 22 2023 - 11:14
Insolvency service site visits double as rate increases bitePepper will not appeal Tullamore court ruling on fixed 2.5% rate for insolvent couple as it is ‘unique case’Sat May 20 2023 - 06:30
Investors hanging up on Vodafone as new chief’s strategy raises questionsJoe Brennan: Margherita Della Valle signals group ‘must change’, while indicating 11,000 jobs to goSat May 20 2023 - 06:00
S&P agency upgrades Ireland’s credit rating amid rising tax revenuesRatings agency moves ‘stable’ Ireland’s sovereign credit rating to AA, highest it has been since August 2010Fri May 19 2023 - 22:02
PTSB investors face at least further two-year wait for dividends returnAnalysts expect the bank to raise its full-year forecasts when it reports interim results during the summerFri May 19 2023 - 13:01
Bank of Ireland and AIB expected to run rule over Laya HealthcareCompany on market for €200m, in a move likely to attract interest from life and general insurance companiesFri May 19 2023 - 06:00
Two-thirds of small firms say Government doesn’t understand their needsMajority of those surveyed say it is becoming more difficult to keep their businesses goingFri May 19 2023 - 05:00
European shares dip amid concern as US debt ceiling deadline nearsUS President Joe Biden looked set to continue talks with congressional leaders on raising the country’s debt limit later this weekWed May 17 2023 - 17:47
Bank of Ireland launches new savings product with introductory 1.5% rateFinancial institutions under increasing pressure to pass on rate increases to deposit holdersWed May 17 2023 - 17:25
Top five Irish insurers stomach €411m investments hit in 2022 as rates soaredPaper losses pushed the sector into a loss at its so-called comprehensive level and reduced capital reserves levels across most top insurersWed May 17 2023 - 05:00
Fragmenting global trade could trigger higher levels of inflation, warns Central Bank governor Gabriel Makhlouf says changes in the availability of goods and services can affect prices, necessitating more aggressive interest rate adjustmentsTue May 16 2023 - 12:33
Former INBS chief Fingleton ‘had less than €25,000 in personal accounts’Court filings say the prominent former banker also had outstanding judgement debts of more than €10.7m at the end of last yearSat May 13 2023 - 05:00
Michael Fingleton had less than €25,000 in two personal bank accounts last year, son claimsFormer Irish Nationwide Building Society chief once worth €75m, court filings showSat May 13 2023 - 04:57
Finance union calls for banking levy to be widened to Revolut and other fintechsMinister has launched public consultation on levy, which was introduced in 2014 and due to come to end in December 2023Sat May 13 2023 - 04:51
Ryanair’s O’Leary ‘loses battle but wins war’ in mega Boeing deal Joe Brennan: Airline’s CEO fails to secure as favourable terms as he once did but still comes out aheadFri May 12 2023 - 13:42
Irish accounting deals pick up as insolvencies eyed and private equity circlesCompanies are grappling with rising costs and interest rates, and more than €2 billion of warehoused tax debt built up over the pandemic falls due in 12 monthsFri May 12 2023 - 05:08
AIG to put Laya Healthcare on market for as much as €200mUS insurance giant bought nation’s second largest health insurance in 2015 for about €80mFri May 12 2023 - 05:00
Canada’s TD Securities names Mayo native as EU hub chief in DublinEnda Kilcullen succeeds Kevin Ahern as chief executive of EU hub TD Global FinanceFri May 12 2023 - 05:00
European shares run out of steam as Bayer and energy stocks declineThe Iseq All Share index closed less than 0.1% higher at 8,544.01Thu May 11 2023 - 18:22
FBD says investment returns positive after €100m hit last yearInsurer says capital levels have grown and it remains ‘engaged with stakeholders on the return of excess capital’Thu May 11 2023 - 08:04
Former PwC partner who leaked Australian tax plans sought to tap Irish contactsFormer PwC Australia tax partner Peter-John Collins was banned in January from practising as a tax agentThu May 11 2023 - 06:15
Michael Fingleton fails to stop trial over alleged INBS mismanagementCourt of Appeal rules that former Irish Nationwide boss’s ill-health does not put him at risk of ‘unfair trial or an unjust result’ in €290m actionWed May 10 2023 - 12:01
Interpath Ireland hires Liam Booth to head corporate finance businessBooth left Investec last summer after almost two decades with the firm and NCB GroupWed May 10 2023 - 04:50
Central Bank engaged ‘extensively’ with BlackBee Investments before liquidation moveRegulator ordered BlackBee last December not to make any payments from third party client asset accounts without the prior approvalTue May 09 2023 - 09:54
Bank of Ireland starts €125m share buybackPlan was announced in March and follows €50m share repurchase last yearTue May 09 2023 - 07:32
European shares advance on solid earnings and as investors digest ECB increaseIseq All Share index ends session up 1.3%Fri May 05 2023 - 17:59
Joe Brennan: Ires investors wrestle with reits and wrongs of sale after testy agmLevel of dissent heaps pressure on the company as it comes under siege from activist shareholder Vision CapitalFri May 05 2023 - 15:27
Irish Auditing and Accounting Supervision Authority fines accountants over BDO audit of reinsurerRegulator has now fined eight individuals since taking direct responsibility for inspecting audits of public interest entitiesFri May 05 2023 - 15:18
CRH chief Manifold joins Mercury Engineering boardContract with the building material giant due to come to an end next yearThu May 04 2023 - 16:12
Ires directors ride out revolt as dissident investor vows to pursue egmShareholders’ rejection of company pay policy seen as embarrassing for IresThu May 04 2023 - 13:58
Datalex hails aviation recovery after losses more than doubled in 2022 to €10.3mResults come ahead of investor and analyst presentations next week as group looks to refinance high interest loansThu May 04 2023 - 08:10
AIB upgrades forecasts after ‘very strong’ first quarterGovernment has continued to lower its stake in the bank this year, reducing it to 53.4% last weekThu May 04 2023 - 07:42
Bank of Ireland’s new mortgage lending more than doubles in first quarterBut bank saw decline in UK and international corporate lending during the periodWed May 03 2023 - 07:39
Ires says revenues grew 4.9% in first quarter ahead of agm showdownActivist investor Vision Capital has been waging an open battle against Ires for the past three weeks, after Ires resisted its calls to put itself up for saleWed May 03 2023 - 07:21
European shares fall to one-month low as oil stocks slide, Pearson plummetsTraders look to interest rate decisions later this weekTue May 02 2023 - 18:41
Digicel bondholders to grant up to $100m bridging loan amid restructuringInvestors due to have been repaid on March 1st agree further 30-day grace period with troubled firmTue May 02 2023 - 18:26
