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Telstra sees Digicel Pacific deal sitting outside main businesses

Telstra sees Digicel Pacific deal sitting outside main businesses

Chief executive unveils new strategy for Australian telecoms group running to 2025

Fri Sept 17 2021 - 05:11
C&C names new chairman amid return to profit ahead of plan

C&C names new chairman amid return to profit ahead of plan

Euros, good weather and ‘staycations’ boost drinks group

Thu Sept 16 2021 - 07:47
European shares drop as Spain targets energy firms

European shares drop as Spain targets energy firms

Sentiment also hit as investors digest disappointing Chinese economic data

Wed Sept 15 2021 - 20:09
Tullow Oil CFO eyes exit as group swings into profit

Tullow Oil CFO eyes exit as group swings into profit

Company’s net debt falls to $2.29bn in June from more than $3bn a year earlier

Wed Sept 15 2021 - 18:16
Ulster Bank intensifies challenge to tracker loan compensation

Ulster Bank intensifies challenge to tracker loan compensation

Bank’s three court cases against ombudsman may have implications for 400 borrowers

Wed Sept 15 2021 - 05:35
Smurfit Kappa to launch debut €1bn green bond

Smurfit Kappa to launch debut €1bn green bond

Fundraising latest move by packaging group that has capitalised on sustainability

Mon Sept 13 2021 - 09:45
ECB fines AIB and EBS unit €615,000 over capital miscalculations

ECB fines AIB and EBS unit €615,000 over capital miscalculations

AIB said it notified the errors to the ECB as soon as they were identified

Fri Sept 10 2021 - 21:02
Moody’s says Perrigo acquisition adds to Irish tax concerns

Moody’s says Perrigo acquisition adds to Irish tax concerns

Ratings agency turns negative on outlook for ‘over-the-counter’ medicines group over potential debt burden

Fri Sept 10 2021 - 19:37
Irish companies latch onto growing global drive to slash air miles post-Covid

Irish companies latch onto growing global drive to slash air miles post-Covid

The all-expenses-paid junket may never again the feature of the corporate world it once was

Fri Sept 10 2021 - 15:10
PM Group 2020 profit jumps 30% amid pharma project surge

PM Group 2020 profit jumps 30% amid pharma project surge

Employee-owned project management group hiring another 400 people this year

Thu Sept 09 2021 - 17:26
Carbon taxes should always be used for climate action – chartered accountants

Carbon taxes should always be used for climate action – chartered accountants

CAI says businesses need to be ‘supported by the right policy framework’

Thu Sept 09 2021 - 16:31
Cairn chief takes aim at mortgage rules and ‘irrational fear of apartments’

Cairn chief takes aim at mortgage rules and ‘irrational fear of apartments’

Full-year operating profit expected to be about €52m, increasing to €85m in 2022

Thu Sept 09 2021 - 15:03
Dublin ‘grey market’ office subletting rises to 24% amid Covid

Dublin ‘grey market’ office subletting rises to 24% amid Covid

Figure for first half of year is up from estimated 15% before pandemic, HWBC says

Thu Sept 09 2021 - 04:55
NTMA sees State’s interest rate falling to 1.5%

NTMA sees State’s interest rate falling to 1.5%

ECB buying up most debt issued to deal with Covid fallout

Wed Sept 08 2021 - 18:06
Lloyds’ potential hit from Irish tax-loss case rises to €1.37bn

Lloyds’ potential hit from Irish tax-loss case rises to €1.37bn

UK banking group failed to get tax relief on massive Irish losses before exiting Republic

Mon Sept 06 2021 - 05:42
An Post in talks with non-bank start-up MoCo to offer mortgages

An Post in talks with non-bank start-up MoCo to offer mortgages

The digital-focused company is led by a number of financial industry executives

Sat Sept 04 2021 - 05:07
Bread-maker Aryzta’s rebel shareholder whipped it out of the oven too soon

Bread-maker Aryzta’s rebel shareholder whipped it out of the oven too soon

Joe Brennan: Another pressing issue is €950 million of outstanding subordinated debt

Fri Sept 03 2021 - 15:18
AIB lines up €500m Project Bay problem-mortgages sale

AIB lines up €500m Project Bay problem-mortgages sale

Portfolio includes loans deep in arrears and restructured debt underpinned by eased terms

Fri Sept 03 2021 - 05:28
European values up on economic hopes and deal making

European values up on economic hopes and deal making

Iseq edges ahead with Ryanair rising 0.4% to €16.15 on back of positive passenger data

Thu Sept 02 2021 - 18:19
Oaktree nears full exit from Glenveagh after share spike

Oaktree nears full exit from Glenveagh after share spike

US private equity giant has raised estimated €110m selling Glenveagh shares since 2017

Thu Sept 02 2021 - 05:46
Ardagh Group to offer investors swap into drinks cans unit

Ardagh Group to offer investors swap into drinks cans unit

Exchange offer to be launched next week

Wed Sept 01 2021 - 16:22
Uniphar’s gross profit surges 31% in first half to €134.3m

Uniphar’s gross profit surges 31% in first half to €134.3m

Firm has added to commercial and clinical unit through two acquisitions in past months

Wed Sept 01 2021 - 15:53
AIB completes purchase of Goodbody Stockbrokers

AIB completes purchase of Goodbody Stockbrokers

Goodbody confirms appointment of Martin Tormey as its new chief executive

Wed Sept 01 2021 - 07:38
Fyffes records €170m loss amid melon and mushroom asset charges

Fyffes records €170m loss amid melon and mushroom asset charges

Chairman David McCann and finance chief Tom Murphy share €7.46m in exit pay

Wed Sept 01 2021 - 05:35
Energy trading firm ElectroRoute hires Glen Dimplex CFO Donal Flynn

Energy trading firm ElectroRoute hires Glen Dimplex CFO Donal Flynn

Finance director Yvonne Burke to succeed Flynn at electrical heating appliances group

Tue Aug 31 2021 - 20:00
State’s Bank of Ireland stake dips below 12%

State’s Bank of Ireland stake dips below 12%

Bank received a €4.7bn bailout in 2009-2011 and has returned about €5.9bn

Tue Aug 31 2021 - 09:06
Balmoral’s property values rise as loans dispute continues

Balmoral’s property values rise as loans dispute continues

McCann-led group in court battle with Everyday Finance over €60m of loans

Tue Aug 31 2021 - 05:34
European shares close little changed amid UK bank holiday

European shares close little changed amid UK bank holiday

Iseq overall index edges 0.2 per cent higher as banking stocks put in mixed performance

Mon Aug 30 2021 - 18:56
Kayfoam sale price confirmed at more than €100m by US buyer

Kayfoam sale price confirmed at more than €100m by US buyer

Bedding group employs more than 300 in Dublin and Kildare

Sat Aug 07 2021 - 05:53
Will Coulson pop the tab for his Ardagh disciples after drink cans unit flotation?

Will Coulson pop the tab for his Ardagh disciples after drink cans unit flotation?

AMP’s stock market listing managed to avoid recent vagaries in IPO market

Fri Aug 06 2021 - 16:50
Business interruption claims could now hit €183m, says FBD

Business interruption claims could now hit €183m, says FBD

Led by Tomás Ó’Midheach, the insurer made a profit of €22m in first half of year

Fri Aug 06 2021 - 07:37
Eamonn Crowley grabs chance to make PTSB a real banking force

Eamonn Crowley grabs chance to make PTSB a real banking force

Agenda: After existential threats, Permanent TSB is focused on growing its income base

Fri Aug 06 2021 - 05:31
Four bidders in race to buy AIB’s British SME loan book

Four bidders in race to buy AIB’s British SME loan book

Banks and debt funds among contenders in binding offers phase for €1.2bn portfolio

Fri Aug 06 2021 - 05:18
Ardagh Metal shares rise after SPAC merger

Ardagh Metal shares rise after SPAC merger

Shares edged higher as they began trading after merger with New York-listed cash shell

Thu Aug 05 2021 - 16:54
KBC Ireland returns to profit as it plots exit from Republic

KBC Ireland returns to profit as it plots exit from Republic

Loan impairment charges fall to zero as expected Covid spike in bad loans fails to materialise

Thu Aug 05 2021 - 07:46
AIB sets aside €100m for Belfry funds compensation

AIB sets aside €100m for Belfry funds compensation

Up to 2,500 AIB customers invested £214m in failed UK property funds

Wed Aug 04 2021 - 11:03
AIB reports €291m profit and raises medium-term target

AIB reports €291m profit and raises medium-term target

Lender says it has secured quarter of mortgage market that has jumped 26% this year

Wed Aug 04 2021 - 07:29
BoI results clear way for Donohoe to accelerate share sale

BoI results clear way for Donohoe to accelerate share sale

Analysis: Threshold not likely below €4.49 at which stock trading before Minister unveiled plan

Wed Aug 04 2021 - 05:28
Ardagh Group takes $34m hit from May cyberattack

Ardagh Group takes $34m hit from May cyberattack

Company says production continued during attack but it experienced some shipping delays

Tue Aug 03 2021 - 18:07
BoI eyes Davy and KBC boost after estimate-beating results

BoI eyes Davy and KBC boost after estimate-beating results

State says it sold almost 1% of bank before results

Tue Aug 03 2021 - 11:20
Mallinckrodt faces investor revolt over opioid crisis handling

Mallinckrodt faces investor revolt over opioid crisis handling

Shareholder advisory group Glass Lewis urges action against directors over executive pay

Tue Aug 03 2021 - 05:05
Liquidator of Dolphin-linked firm queries ‘significant’ salaries and fees

Liquidator of Dolphin-linked firm queries ‘significant’ salaries and fees

Directors ‘deny any wrongdoing in how investor funds were used’ – spokesman

Sat Jul 31 2021 - 05:15
Severe Covid recession would push Irish banks’ capital below EU peers

Severe Covid recession would push Irish banks’ capital below EU peers

EBA stress tests assessed how banks could cope with ‘worst-case’ scenario

Fri Jul 30 2021 - 17:58
Dole shares drop on debut after IPO raises lower-than-expected $400m

Dole shares drop on debut after IPO raises lower-than-expected $400m

Company forced to cut price range as it struggled to compete for investor attention

Fri Jul 30 2021 - 16:43
Will Greencore’s rebound tempt investors – or private equity – to take a bite?

Will Greencore’s rebound tempt investors – or private equity – to take a bite?

Investors have found the shares about as palatable as a leftover sandwich during Covid

Fri Jul 30 2021 - 15:55
Ulster Bank stops offering products for new business customers

Ulster Bank stops offering products for new business customers

UK-owned lender sees operating loss of €7m in first half of the year

Fri Jul 30 2021 - 07:39
Ardagh Metal earnings soar 24% before New York listing

Ardagh Metal earnings soar 24% before New York listing

Ebitda rose to $173m for the quarter, driven by strong sales growth in speciality cans

Thu Jul 29 2021 - 16:09
PTSB sees Ulster Bank deal boosting profit returns by 50%

PTSB sees Ulster Bank deal boosting profit returns by 50%

Bank’s net loss narrows in first half as loan impairment charge falls to €3m from €75m a year earlier

Wed Jul 28 2021 - 17:51
Dole Foods merger with Total Produce hits setback as IPO price lowered

Dole Foods merger with Total Produce hits setback as IPO price lowered

Price reduction comes as flurry of companies floating in US compete for investors

Wed Jul 28 2021 - 15:04
Smurfit Kappa buys Italian containerboard mill for €360m

Smurfit Kappa buys Italian containerboard mill for €360m

Smurfit reports 11% rise in revenue and 8% increase in profit for first six months of year

Wed Jul 28 2021 - 07:55
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