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Providence secures permission for Barryroe site survey

Providence secures permission for Barryroe site survey

Shares in the oil and gas explorer jump almost 30% during trading in London

Fri Aug 09 2019 - 04:22
Kerry’s value hits all-time high of €19.4bn on strong results

Kerry’s value hits all-time high of €19.4bn on strong results

Food giant said it now expects to post 7-9% growth in earnings per share this year

Thu Aug 08 2019 - 17:43
KBC Ireland to prepare for Central Bank tracker fine

KBC Ireland to prepare for Central Bank tracker fine

It also sold €260m of corporate loans to Bank of Ireland as restructuring continued

Thu Aug 08 2019 - 16:24
Aviva Ireland profit rises 7% on Friends First boost

Aviva Ireland profit rises 7% on Friends First boost

General insurance business profit falls in first half of year

Thu Aug 08 2019 - 07:55
GAA to get €105m from Hines for part of site it is buying for €95m

GAA to get €105m from Hines for part of site it is buying for €95m

US group emerges as preferred bidder for 19-acre site with scope for 1,200 dwellings

Thu Aug 08 2019 - 05:15
European shares rebound as Flutter shines in Dublin

European shares rebound as Flutter shines in Dublin

German chemical deal helps to buoy Euro Stoxx index

Wed Aug 07 2019 - 19:02
Bank of Ireland launch of Apple Pay may drift to 2020

Bank of Ireland launch of Apple Pay may drift to 2020

Other banks already offer payment via smartphone or smartwatch

Wed Aug 07 2019 - 18:45
Smurfit rival DS Smith wins immunity in €287m Italian price-fixing case

Smurfit rival DS Smith wins immunity in €287m Italian price-fixing case

Irish-founded company says it will ‘vigorously’ appeal competition authority decision

Wed Aug 07 2019 - 10:01
Applegreen to acquire 40% stake in US service plaza deal

Applegreen to acquire 40% stake in US service plaza deal

Forecourt retailer is entering into consortium to buy Connecticut business

Wed Aug 07 2019 - 07:35
Campbell O’Connor made €9.45m gain on stock exchange stake

Campbell O’Connor made €9.45m gain on stock exchange stake

State’s smallest stockbroking is in the process of winding up after 59 years in business

Wed Aug 07 2019 - 04:15
AIB may buy back €500m of State shares in 2021

AIB may buy back €500m of State shares in 2021

Recent slump in the bank’s share price has pushed out the timeline of special buyback

Wed Aug 07 2019 - 01:04
Central Bank report highlights regulatory risks for Dublin’s IFSC

Central Bank report highlights regulatory risks for Dublin’s IFSC

Rapid growth amid Brexit fallout raises stability questions for regulator

Tue Aug 06 2019 - 12:45
Smurfit Kappa fined €124m after Italian cartel investigation

Smurfit Kappa fined €124m after Italian cartel investigation

Authorities found 50 paper, packaging groups engaged in anti-competitive practices

Tue Aug 06 2019 - 11:40
Providence may need to sell shares if Barryroe funds not received

Providence may need to sell shares if Barryroe funds not received

Oil explorer expected to proceed with site survey even if finance doesn’t come

Tue Aug 06 2019 - 10:40
Ulster Bank may take four years to cover costs, says RBS

Ulster Bank may take four years to cover costs, says RBS

‘We’re not giving up on Ireland but it’s going to take time’ – outgoing RBS chief executive

Tue Aug 06 2019 - 04:51
Former AIB CFO plans €800m Portuguese assets and loans sale

Former AIB CFO plans €800m Portuguese assets and loans sale

Mark Bourke took over as finance head at Novo Banco earlier this year

Tue Aug 06 2019 - 02:35
Irish 10-year bond rate dips below 0% for first time

Irish 10-year bond rate dips below 0% for first time

Bond yields fall into minus figures as investors spooked by escalating US-China trade war

Mon Aug 05 2019 - 17:55
Ryanair investors ‘highly sceptical’ of air fares rebound

Ryanair investors ‘highly sceptical’ of air fares rebound

Deutsche Bank analysts expect Ryanair to see its fares per passenger decline 3% for the full year

Mon Aug 05 2019 - 11:54
Providence axes jobs amid dwindling cash

Providence axes jobs amid dwindling cash

Shares tumble 34 per cent in London as explorer reports cash level of $1.45 million

Mon Aug 05 2019 - 11:18
Ulster Bank plans job cuts in arrears unit as profits fall

Ulster Bank plans job cuts in arrears unit as profits fall

Still, chief executive Jane Howard says bank’s underlying business remains ‘strong’

Fri Aug 02 2019 - 17:53
Denis O’Brien’s INM losses may not be his biggest business regret

Denis O’Brien’s INM losses may not be his biggest business regret

Businessman’s decision to pull $2bn IPO of Digicel could be move he rues most

Fri Aug 02 2019 - 16:18
RSA Ireland taps Insurance Ireland head Thompson as CEO

RSA Ireland taps Insurance Ireland head Thompson as CEO

Industry lobby group chief steps back into corporate role

Fri Aug 02 2019 - 11:20
Losses at Datalex likely to be 50% worse again than profit warning

Losses at Datalex likely to be 50% worse again than profit warning

Travel software group warns of plan to take ‘significant’ charge on R&D assets

Fri Aug 02 2019 - 08:04
Fyffes spends €36.6m on Canadian mushroom deals

Fyffes spends €36.6m on Canadian mushroom deals

Operating profit fell to €8.75 million last year as a result of ‘difficult trading conditions’

Fri Aug 02 2019 - 04:45
Insurer FBD defends 110% profit jump amid political fire

Insurer FBD defends 110% profit jump amid political fire

Drop in claims boosts profit but chief executive warns litigation claims costs still rising

Thu Aug 01 2019 - 18:34
Hibernia Reit says Brexit fears holding back Irish office investment

Hibernia Reit says Brexit fears holding back Irish office investment

Businesses lease more than 1.7m sq ft of offices in first half

Wed Jul 31 2019 - 18:13
Green Reit picks UK’s Henderson Park as preferred bidder

Green Reit picks UK’s Henderson Park as preferred bidder

Group’s market value has jumped by up to 20% to €1.29bn since putting itself on market

Wed Jul 31 2019 - 13:42
Glanbia shares slump to five-year low on sports nutrition profit warning

Glanbia shares slump to five-year low on sports nutrition profit warning

Earnings in performance nutrition division fall 30% in first half

Wed Jul 31 2019 - 10:07
Smurfit says Brexit timing limits stockpiling scope for retailers

Smurfit says Brexit timing limits stockpiling scope for retailers

First-half earnings rise 17 per cent to €847m with European sales helped by higher pricing

Wed Jul 31 2019 - 07:24
Central Bank says hard Brexit not priced into sterling even after slump

Central Bank says hard Brexit not priced into sterling even after slump

Recession would be averted but slowdown a likely ‘significant shock’ for the economy

Wed Jul 31 2019 - 05:27
Ardagh to save $170m a year from bond and assets deals

Ardagh to save $170m a year from bond and assets deals

Glass and metal containers giant raised $1.8bn through sale of bonds on market

Tue Jul 30 2019 - 21:19
Iseq suffers biggest fall since December on fears for no-deal Brexit

Iseq suffers biggest fall since December on fears for no-deal Brexit

Markets shiver as US president Trump fires another shot across Chinese bows as trade talks resume

Tue Jul 30 2019 - 18:50
Bank of Ireland’s continues to struggle to hit its financial targets

Bank of Ireland’s continues to struggle to hit its financial targets

Bank warns ‘external environment changed since we set our strategic plan a year ago’

Tue Jul 30 2019 - 05:04
Ardagh to refinance its most expensive bond

Ardagh to refinance its most expensive bond

Glass and metal containers giant is planning to redeem bonds carrying 7.25% interest rate

Mon Jul 29 2019 - 18:54
Bank of Ireland signals more cost cutting amid Brexit and low ECB rates

Bank of Ireland signals more cost cutting amid Brexit and low ECB rates

Bank reports underlying profit of €376 million for first half of year – a fall of 25%

Mon Jul 29 2019 - 13:14
PTSB directors buy first shares since financial crisis

PTSB directors buy first shares since financial crisis

Shares in the bank have fallen by 75% since sale of a 25% stake on stock market in 2015

Mon Jul 29 2019 - 12:19
AIB to refund €61m to personal and business borrowers

AIB to refund €61m to personal and business borrowers

Group’s pretax profit down to €436 million, 43 per cent down on same period last year

Fri Jul 26 2019 - 21:13
AIB chief says bonus ban bigger issue than €500,000 pay cap

AIB chief says bonus ban bigger issue than €500,000 pay cap

Colin Hunt says issue affects far more people and bank’s competitors don’t face problem

Fri Jul 26 2019 - 19:26
Lower ECB rates leave Irish taxpayers stuck with our banks

Lower ECB rates leave Irish taxpayers stuck with our banks

Euro-zone economy remains in malaise as Draghi enters twilight of his tenure

Fri Jul 26 2019 - 16:38
Masding seeks time to ‘max out’ PTSB before tie-up talk

Masding seeks time to ‘max out’ PTSB before tie-up talk

Pretax profit fell by 50 per cent to €28m in the first six months of the year

Fri Jul 26 2019 - 05:15
Final bids for Green Reit received by a deadline

Final bids for Green Reit received by a deadline

Three bidders interested in portfolio that includes Dublin offices and warehousing group

Fri Jul 26 2019 - 05:04
Coulson lines up former KPMG Ireland head as possible Ardagh successor

Coulson lines up former KPMG Ireland head as possible Ardagh successor

‘I plan to stay with the business but . . . no one goes on forever,’ says chief executive

Thu Jul 25 2019 - 17:19
PTSB first half profit falls 50% amid loan sales, tracker fine

PTSB first half profit falls 50% amid loan sales, tracker fine

New mortgage lending outperformed market growth, rising 18% in the first half of the year

Thu Jul 25 2019 - 11:59
PTSB still has a heavy load to shift

PTSB still has a heavy load to shift

Analysis: Up to €550 million in problem loans still to be dealt with

Thu Jul 25 2019 - 11:42
INBS failed to check developers’ figures in profit-share deals, inquiry hears

INBS failed to check developers’ figures in profit-share deals, inquiry hears

Society had €6bn in boom-time profit-share loans in 2008

Wed Jul 24 2019 - 17:10
David Drumm expelled from Chartered Accountants Ireland

David Drumm expelled from Chartered Accountants Ireland

Former Anglo chief found to have ‘brought discredit’ on profession

Wed Jul 24 2019 - 12:23
Incoming Central Bank governor to address New Zealand ‘hacking’ controversy

Incoming Central Bank governor to address New Zealand ‘hacking’ controversy

Gabriel Makhlouf to respond on his handling of security breach when he takes office

Wed Jul 24 2019 - 03:24
INBS handed out 100%-plus loans before the crash, inquiry hears

INBS handed out 100%-plus loans before the crash, inquiry hears

Report says profit-share deal with developers put property lender’s loan book at risk

Tue Jul 23 2019 - 16:55
German bank sees ‘generation rent’ fuelling Ires, Glenveagh shares

German bank sees ‘generation rent’ fuelling Ires, Glenveagh shares

Ireland has ‘a number of years of growth ahead of it’, Berenberg analysts tell clients

Mon Jul 22 2019 - 11:45
Ireland is second biggest problem loan sales market in Europe

Ireland is second biggest problem loan sales market in Europe

Lenders in Ireland sold €6.2bn of loans, second only to Italy’s €6.5bn

Mon Jul 22 2019 - 06:39
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