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State averts €200m UK penalty amid bailout refinancing

State averts €200m UK penalty amid bailout refinancing

Paschal Donohoe says decision to hold off repayment has nothing to do with Brexit

Thu Sept 07 2017 - 12:57
Bank of Ireland UK venture valued at €2.2bn as report calls for break-up

Bank of Ireland UK venture valued at €2.2bn as report calls for break-up

Analysts in Dublin sceptical about union-commissioned report gaining traction

Thu Sept 07 2017 - 10:08
Flotation of energy group Mainstream postponed until 2020

Flotation of energy group Mainstream postponed until 2020

Company eyes more than €200 million from Chile projects and Scottish windfarm sale

Thu Sept 07 2017 - 06:00
Bank of Ireland reviews Bell Pottinger contract

Bank of Ireland reviews Bell Pottinger contract

Bank is reassessing its relationship with the PR firm following South Africa controversy

Wed Sept 06 2017 - 20:08
PTSB rivals rule out following landlord debt forgiveness offer

PTSB rivals rule out following landlord debt forgiveness offer

Mortgage lender makes offer to some borrowers in default under pilot scheme

Wed Sept 06 2017 - 19:03
Irish firms out of running for contract to handle €15bn Apple cash

Irish firms out of running for contract to handle €15bn Apple cash

NTMA launches search for asset managers to deal with Apple escrow account

Wed Sept 06 2017 - 16:39
Glanbia’s protein bars fightback prompts Investec upgrade

Glanbia’s protein bars fightback prompts Investec upgrade

Investec says concern over Glanbia’s global performance nutrition unit ‘unfounded’

Wed Sept 06 2017 - 14:30
Cairn chief says new homes not behind ‘pretty scary’ house price rise

Cairn chief says new homes not behind ‘pretty scary’ house price rise

Volume focused developer posts 191% surge in profits to €7.7m

Wed Sept 06 2017 - 05:50
Cairn signals end to cash calls after amassing €720m

Cairn signals end to cash calls after amassing €720m

Focus shifts to dividends as housebuilder prepares to generate cash at pace from 2018

Wed Sept 06 2017 - 05:30
Ormonde Mining advances work at flagship Spanish project

Ormonde Mining advances work at flagship Spanish project

Irish-listed exploration company owns 30% of tungsten mine

Tue Sept 05 2017 - 20:21
Eddie O’Connor steps back at Mainstream to become executive chairman

Eddie O’Connor steps back at Mainstream to become executive chairman

Chief operating officer takes over as chief executive at renewable energy group

Tue Sept 05 2017 - 16:39
Cairn Homes profit jumps 191% as sales ramp up

Cairn Homes profit jumps 191% as sales ramp up

Homebuilder is currently building on nine sites which will deliver 3,250 new homes

Tue Sept 05 2017 - 07:48
An Post enters parcels partnership with DHL

An Post enters parcels partnership with DHL

State-owned postal group seeks to grow its share of the e-commerce parcels market

Tue Sept 05 2017 - 06:35
Citigroup appoints Louise O’Mara as Irish corporate banking head

Citigroup appoints Louise O’Mara as Irish corporate banking head

Citi expects to do $30 billion worth of debt and equity deals for Irish clients this year

Tue Sept 05 2017 - 06:26
EU faces more Setanta Insurance-type failures, warns MEP

EU faces more Setanta Insurance-type failures, warns MEP

More powers needed to supervise companies offering cross-border insurance

Mon Sept 04 2017 - 06:00
Russia’s growing banking crisis to hit IFSC vehicles, experts warn

Russia’s growing banking crisis to hit IFSC vehicles, experts warn

Debt investors in Irish SPVs have been hit as Russian-linked borrowers run into trouble

Mon Sept 04 2017 - 06:00
Irish Stock Exchange eyes Brexit opportunities as profits surge 21%

Irish Stock Exchange eyes Brexit opportunities as profits surge 21%

Bourse’s short-term investments rose to €47.8 million last year from €42.2 million

Mon Sept 04 2017 - 05:45
More than half of Irish charities fail to disclose income sources

More than half of Irish charities fail to disclose income sources

Irish charities lag UK counterparts in reporting financial information, study finds

Mon Sept 04 2017 - 05:45
Noonan Services European expansion plotted by new owners

Noonan Services European expansion plotted by new owners

South Africa’s Bidvest completed €175m purchase of contract cleaning firm on Friday

Mon Sept 04 2017 - 05:40
Vayu warns of volatile prices for winter gas

Vayu warns of volatile prices for winter gas

Warning by supplier of ‘considerable’ volatility follows 30 per cent surge in price

Mon Sept 04 2017 - 05:00
Fyffes takeover triggers €32m fees and bonus bonanza

Fyffes takeover triggers €32m fees and bonus bonanza

Tropical fruits distributor was acquired by Japan’s Sumitomo this year for €751m

Sat Sept 02 2017 - 05:31
Central Bank scales back rules following banker lobbying

Central Bank scales back rules following banker lobbying

Proposal that workers have six months’ experience of financial products omitted

Sat Sept 02 2017 - 05:27
Dundrum Town Centre valued at €1.5bn as owners refinance

Dundrum Town Centre valued at €1.5bn as owners refinance

Hammerson and Allianz arrange €625m seven-year term loan secured against the centre

Fri Sept 01 2017 - 20:44
Viridian eyes move to slash €45m interest bill

Viridian eyes move to slash €45m interest bill

Owner of gas and electricity supplier Energia’s 7.5% bond rate almost double rivals’

Fri Sept 01 2017 - 18:00
Grafton shares advance as solid earnings trigger analyst upgrades

Grafton shares advance as solid earnings trigger analyst upgrades

Irish merchanting operating profit up 44.1% to £15.4m, with strong sales growth

Thu Aug 31 2017 - 18:35
AIB promoted to key FTSE index as Paddy Power Betfair moves down

AIB promoted to key FTSE index as Paddy Power Betfair moves down

Cairn Homes to join FTSE Global Small Cap Index under rejig from September 18th

Thu Aug 31 2017 - 12:23
ICG profit flattered by €25m gain from ferry sale

ICG profit flattered by €25m gain from ferry sale

Group eyes ‘significant’ earnings boost from €144 million cruise ferry being built

Thu Aug 31 2017 - 07:22
Rescued Russian bank’s Irish funding vehicle rattled by crisis

Rescued Russian bank’s Irish funding vehicle rattled by crisis

OFCB in Dublin is Otkritie’s main overseas funding vehicle with over €1.4bn of bonds

Thu Aug 31 2017 - 06:00
One51 eyes dual listing in Dublin as Ireland to remain base

One51 eyes dual listing in Dublin as Ireland to remain base

Irish tax rate is less than half the Canadian level and company also has eyes on European expansion

Thu Aug 31 2017 - 05:26
Oaktree plans multimillion euro bonus ahead of IPO

Oaktree plans multimillion euro bonus ahead of IPO

New housebuilder being prepared for flotation has been named Glenveagh Proprties

Wed Aug 30 2017 - 06:00
Investment firms ‘fail to ensure’ products suitable for investors

Investment firms ‘fail to ensure’ products suitable for investors

Most firms unable to show they comply fully with EU guidelines, Central Bank says

Tue Aug 29 2017 - 13:29
Germany is ‘banana republic’ of European aviation, Ryanair says

Germany is ‘banana republic’ of European aviation, Ryanair says

Airline has complained to competition authorities over Air Berlin ‘stitch-up’

Tue Aug 29 2017 - 11:17
South Korea’s Mirae stalls on plan for Dublin trading centre

South Korea’s Mirae stalls on plan for Dublin trading centre

Decision comes two months after picking Dublin over London for the business

Mon Aug 28 2017 - 19:39
C&C and Bank of Ireland fall amid sterling weakness

C&C and Bank of Ireland fall amid sterling weakness

PTSB down 0.9 per cent following ECB fine as Iseq declines for third time in four sessions

Mon Aug 28 2017 - 18:41
ECB fines PTSB €2.5m for breaches of banking liquidity rules

ECB fines PTSB €2.5m for breaches of banking liquidity rules

PTSB has ‘fully remediated the issue’, says ECB following issuing of first banking fine

Mon Aug 28 2017 - 12:17
New Pepper owners may seek to shed Irish assets

New Pepper owners may seek to shed Irish assets

The deal values the Australian non-bank lender at €451m

Fri Aug 11 2017 - 11:16
PTSB seeks advisers to sell loans from its worst mortgages

PTSB seeks advisers to sell loans from its worst mortgages

PTSB has highest ratio of non-performing loans among Ireland’s bailed-out banks

Fri Aug 11 2017 - 05:15
Michael Stanley, Cairn Homes: RTÉ site ‘once-in-a-lifetime chance’

Michael Stanley, Cairn Homes: RTÉ site ‘once-in-a-lifetime chance’

Property developer, who has housing in his blood, busy expanding empire in D4 and D6

Fri Aug 11 2017 - 05:08
Cairn rejects Brexit approaches for apartments

Cairn rejects Brexit approaches for apartments

Firm is building office space in Dublin for 60,000 people

Fri Aug 11 2017 - 05:07
State losing ‘hundreds of millions’ on IBRC-linked bond sales

State losing ‘hundreds of millions’ on IBRC-linked bond sales

The faster the bonds are sold, the more interest we pay annually, says Fianna Fáil spokesman

Thu Aug 10 2017 - 18:27
Origin agrees Scottish plant sale to secure UK fertiliser deal

Origin agrees Scottish plant sale to secure UK fertiliser deal

UK competition authorities had expressed concern about the transaction last month

Thu Aug 10 2017 - 11:11
Kerry Group trims earnings forecast amid dollar weakness

Kerry Group trims earnings forecast amid dollar weakness

Trading profit up 5.2% over the first six months of the year

Thu Aug 10 2017 - 07:15
KBC Ireland begins repayments of Belgian parent bailout

KBC Ireland begins repayments of Belgian parent bailout

Bank records 213 per cent profit surge as it frees money set aside to absorb loan losses

Thu Aug 10 2017 - 06:32
Central Bank to beef up supervisory staff to deal with Brexit ‘pipeline’

Central Bank to beef up supervisory staff to deal with Brexit ‘pipeline’

Regulator received no banking applications in first half and approved three insurers

Wed Aug 09 2017 - 12:40
Grand Hibernian luxury sleeper does $2m business in three months

Grand Hibernian luxury sleeper does $2m business in three months

Top-end €9,000 train trip around Ireland proves a hit with tourists

Wed Aug 09 2017 - 05:26
Morgan Stanley snaps up PTSB shares after slump

Morgan Stanley snaps up PTSB shares after slump

PTSB shares have slumped by 35% since the start of June

Tue Aug 08 2017 - 16:02
AIB’s €2.8bn tax assets valued at 80% discount by UBS

AIB’s €2.8bn tax assets valued at 80% discount by UBS

Bank expects to cut tax bill over three decades as it uses up tax assets after vast losses

Tue Aug 08 2017 - 15:47
CRH to ease debt reduction to plot growth, Fitch says

CRH to ease debt reduction to plot growth, Fitch says

Building materials giant has said it may spend up to €3 billion on deals by mid-2018

Tue Aug 08 2017 - 14:48
Bank of Ireland senior executive Mick Sweeney to step down

Bank of Ireland senior executive Mick Sweeney to step down

Sweeney understood to be looking at Brexit-related jobs in the financial sector

Mon Aug 07 2017 - 06:45
Fyffes gets five more weeks from ethics body to fix Honduras dispute

Fyffes gets five more weeks from ethics body to fix Honduras dispute

Fruit firm linked to alleged worker exploitation in its Central American operations

Mon Aug 07 2017 - 06:03
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