Irish Ferries owner abandons €17m dividend plan amid Covid-19Irish Continental Group has seen passenger numbers fall 60% but freight volumes robustWed Jul 01 2020 - 07:57
ICG boss says ferries subsidy ‘wasting taxpayers’ money’Last government committed at start of April to provide up to €15m of PSO subventionsWed Jul 01 2020 - 05:15
Bank of Cyprus Holdings and Aminex told to improve levels of disclosureTravel software firm Datalex also taken to task by Irish accounting watchdogWed Jul 01 2020 - 05:00
Dermot Desmond ups support for Datalex as Covid-19 crisis bitesCompany says it is in advanced discussions with Central Bank and Euronext over resuming share trading.Tue Jun 30 2020 - 18:30
Aryzta dissident shareholders open to Toland compromiseInvestors may instead seek to have the Swiss-Irish baking group agree to a wider overhaul of non-executive directorsSat Jun 27 2020 - 05:09
An Post freezes 50,000 pre-paid cards in German Wirecard scandalListed director of Irish Wired unit faces questioning after collapseFri Jun 26 2020 - 20:58
FBD’s €22m Covid-19 standoff with pubs clouds CEO searchInsurer pulls dividend as market awaits outcome of test case over wording of business interruption policiesFri Jun 26 2020 - 14:45
Can Permanent TSB’s new boss keep the bank independent as it battles Covid-19 crisis?The economic shock has thrown the problems facing Eamonn Crowley into sharp focusFri Jun 26 2020 - 05:38
Oisín Fanning’s San Leon writes down Barryroe interestOil and gas explorer posted a pretax loss of €48m last yearThu Jun 25 2020 - 17:41
Dalata trading at 45% discount to property – Jefferies reportBank gives Irish hotel group a ‘buy’ rating and says investors don’t appreciate its strong balance sheet and UK growthThu Jun 25 2020 - 11:50
Sydney-based firm eyes €200m of Irish industrial propertyArrow Capital Partners plans investment in warehouse and other logistics property assetsThu Jun 25 2020 - 03:15
Arachas plans to double size in five years after takeoverDublin-based insurance broker to be rolled into UK brokerage group ArdonaghWed Jun 24 2020 - 05:30
Irish commercial property deals slump most in EU amid Covid-19Value of Irish commercial property deals slumped 79% during height of restrictionsWed Jun 24 2020 - 05:15
Irish consumers’ rally fuels hopes economic shock will be less than fearedConsumer sentiment index rises to 61.6 in June from 52.3 in May and 42.6 in AprilWed Jun 24 2020 - 05:02
Irish bank shares jump as European markets cheer economic dataScandal-hit Wirecard rallied after three consecutive slumpsTue Jun 23 2020 - 17:59
Irish mortgage arrears creep up in first quarterNew spike is expected later this year once lenders’ payment breaks expireTue Jun 23 2020 - 13:07
PTSB’s new chief targets small business lending and feesEamonn Crowley takes over as lender battles with fallout from coronavirus pandemicMon Jun 22 2020 - 10:16
Restaurants seek €1.8bn bailout amid threat of 50% closuresEconomist warns it may take two years for restaurants to see pre-Covid business levelsMon Jun 22 2020 - 06:00
Goodbody wins Chinese business before takeoverFirm was hired alongside international banks to sell €890m of bonds for Bank of China’s Hong Kong branchMon Jun 22 2020 - 05:56
ODCE offers comfort to firms facing insolvency amid Covid-19Stance on responsible behaviour of directors will take into account coronavirus havocMon Jun 22 2020 - 05:26
Ireland among the easiest places in world to do business – reportCuracoa, the Dutch Caribbean island, is the easiest place to do business, says indexMon Jun 22 2020 - 05:15
AIG Ireland boss quits for top Aviva roleDeclan O’Rourke to leave Irish arm of US insurance giant after 27 years with groupSat Jun 20 2020 - 05:41
Will backers of green evangelist Eddie O’Connor be rewarded for keeping faith?Bids for Mainstream could see the business valued at up to €1bnFri Jun 19 2020 - 15:55
Buyers circle Mainstream green energy groupEddie O'Connor's wind and solar energy group valued up to €1bnFri Jun 19 2020 - 05:30
Wirecard shares slump on missing €1.9 billionFintech’s Irish unit had been part of internal investigation into international operationsThu Jun 18 2020 - 16:20
Former RSA Ireland CFO fined €70,000 and disqualifiedCentral Bank says Rory O’Connor can’t work in regulated finance for over eight yearsThu Jun 18 2020 - 13:03
NTMA raises €750m of short-term debt at negative rateBills priced to yield minus 0.49% for investorsThu Jun 18 2020 - 11:13
Majority stake in Chill Insurance sold to UK private equity firmSources this year valued the insurance business at €100mWed Jun 17 2020 - 18:25
Central Bank’s Sharon Donnery warns about lack of cash for small businessesDeputy governor says only the initial effects of the Covid-19 shock have been felt so farWed Jun 17 2020 - 14:10
AIB secures strong demand for riskiest bondsCapital reserve boost for bank as it raises €625m from debtTue Jun 16 2020 - 19:14
EU faces banking crisis if coronavirus stretches into 2021New paper warns it would only take a fifth of loans not being repaid to wipe out reservesTue Jun 16 2020 - 18:30
Central Bank warns of Covid-19 risks to property marketRegulator says Irish property funds have higher levels of debt than 90% of similar European operationsTue Jun 16 2020 - 16:09
Half of Irish mortgage holders work in sectors hit by Covid-19Up to 11 per cent of mortgages subject to payment breaks in May, Central Bank saysTue Jun 16 2020 - 14:36
CRH shares rise on US infrastructure spending hopesDublin-based building materials giant generates 55% of its revenues in USTue Jun 16 2020 - 10:57
Irish invoice trading firm facilitates €30m of PPE ordersInvoiceFair facilitated funding of €30m of PPE orders, says chief executive Helen CahillMon Jun 15 2020 - 05:19
Providence says Barryroe would break even with oil prices at $26CEO Alan Linn says oil field ‘economically compelling’ with oil prices at $50 a barrelFri Jun 12 2020 - 17:44
Scrapping €165m ship deal may work in ICG’s favourAfter WB Yeats debacle, Irish Ferries owner facing Covid-19 and Brexit uncertaintyFri Jun 12 2020 - 17:35
Dissident shareholders slam timing of Aryzta’s EGMSwiss-Irish good group criticised for holding off egm at which directors could be oustedFri Jun 12 2020 - 08:53
British may ‘retaliate’ over 14-day quarantine, warns Irish Ferries ownerICG chief Eamonn Rothwell says rule will put Common Travel Area at risk post-BrexitFri Jun 12 2020 - 07:59
Some boom-era INBS mortgage loan repayments slump amid Covid-19Monthly collections from borrowers from former subprime lender falls offFri Jun 12 2020 - 05:26
Irish-based funds warned over risk to corporate bonds marketCompanies globally facing credit ratings downgrades amid Covid-19 economic shockThu Jun 11 2020 - 17:49
Woodie’s sales soar in late May as lockdown rules easePent-up demand for paint and plants saw revenue for two-week period last month ‘comfortably’ exceed Woodie’s sales for the full month of May in 2019Thu Jun 11 2020 - 10:55
Irish Ferries’ passenger numbers slump 60% due to Covid-19 restrictionsFerry company’s owner, Irish Continental Group, has cancelled an order with German shipmaker FSG for a new vesselThu Jun 11 2020 - 09:48
Banks face union pressure on staffing of bad-loan unitsFour of five big lenders were working on job-reduction plans before the Covid-19 crisisThu Jun 11 2020 - 05:30
Citi’s EU hub in Dublin holds off dividend decision amid Covid-19Bank saw net profit jump 27% to $1.12bn last yearWed Jun 10 2020 - 14:21
Seaspray Financial sets up wealth unit with ex-Bof I staffInvestment and mortgage firm established by former Dolmen boss Paul McGowanWed Jun 10 2020 - 11:44
McCanns’ Balmoral sees property value hit from Covid-19Company expects “quality of its tenants” will help cushion it from worst effects of pandemicMon Jun 01 2020 - 07:38
European shares drop amid China-US tension over Hong KongBanking stocks among worst performers on Iseq: AIB falls 4.7% while BoI drops 5.2%Fri May 29 2020 - 18:25
Flutter bets Covid-19 will ease puritan take on gambling in USShares have surged by more than 90 per cent over the past 2½ months,Fri May 29 2020 - 15:32
Flutter launches €900m share sale following Canadian mergerPaddy Power owner seeking to cut debt in uncertain betting market due to Covid-19Thu May 28 2020 - 17:39
