Net profits at Rabobank fall 29% to €1.3bn in first halfDUTCH BANK Rabobank saw its net profit decline by 29 per cent in the first six months of the year, to €1Fri Aug 24 2012 - 01:00
Diageo sales fall as drinks market declinesDRINKS GROUP Diageo saw its sales fall by 5 per cent in Ireland last year, as consumers opted to drink less of the black stuff…Fri Aug 24 2012 - 01:00
Novartis may expand Irish operationPHARMACEUTICAL FIRM Novartis, Europe’s largest drugmaker by revenue, is understood to be considering expanding its Irish operations…Thu Aug 23 2012 - 01:00
Half-year earnings down at brewerHEINEKEN, THE world’s third-largest brewer, saw its earnings fall in the first six months of the year, as it was hit by higher…Thu Aug 23 2012 - 01:00
Profits soar at Kenmare as market conditions improvePROFITS AT Kenmare Resources soared in the first half of the year as market conditions improved and the company moved towards…Thu Aug 23 2012 - 01:00
By the book - how self-publishing can work for youThe Fifty Shades of Grey phenomenon is not unique – earlier this month, there were four self-published authors on the Top 25 …Tue Aug 21 2012 - 01:00
Petroceltic and British firm to mergeDUBLIN-LISTED oil and gas explorer Petroceltic is to merge with Melrose Resources in a deal that will add the British exploration…Sat Aug 18 2012 - 01:00
Dispensing with pharmacy students as robots take overIT MIGHT be one of the most coveted university degrees in Ireland, but students anxiously waiting to see if they will be offered…Fri Aug 17 2012 - 01:00
Zurich Irish pension and life business shrinks by 22%ZURICH LIFE Ireland saw life and pensions business decline by 22 per cent in the first half of the year, as a “challenging” market…Fri Aug 17 2012 - 01:00
Swiss bank acquires Irish financial operationSWISS BANK Julius Bär is set to move into Ireland following its acquisition of Bank of America Merrill Lynch’s (BofAML) Dublin…Tue Aug 14 2012 - 01:00
Markets down on slowdown fearsINVESTORS WERE unnerved by signs the global economic slowdown is deepening yesterday, with markets down across the board amidst…Tue Aug 14 2012 - 01:00
Audit exemption to save firms moneySMALLER IRISH companies can expect to save up to €5 million a year following an increase in the audit exemption limit.Sat Aug 11 2012 - 01:00
Aviva profits plunge 75% in first half of yearAVIVA IRELAND saw profits in its life division plummet by 75 per cent in the first six months of the year, as it felt the full…Fri Aug 10 2012 - 01:00
Losses at mobile phone group soarLosses at mobile phone retailer Carphone Warehouse increased by 38.3 per cent in 2011, amidst “poor trading conditions”.Thu Aug 09 2012 - 01:00
Seán Quinn jnr sells Belfry golf resort in £90m dealUS PRIVATE equity group KSL Capital Partners has acquired the former Ryder Cup venue, the Belfry, which was purchased by Seán…Wed Aug 08 2012 - 01:00
KBC forecasts hit of up to €600m on loan lossesKBC BANK Ireland is forecasting that it will take a hit of between €500 million and €600 million on loan losses this year, despite…Wed Aug 08 2012 - 01:00
Fitch downgrades six residential mortgage-backed securitisations over ongoing market 'uncertainty'Ratings agency Fitch has downgraded six Irish residential mortgage-backed securitisations (RMBS) on the back of “ongoing uncertainty…Wed Aug 08 2012 - 01:00
Markets maintain three-month highsWORLD STOCK markets held near three-month highs yesterday as investors drew encouragement from signs that Europe is edging toward…Wed Aug 08 2012 - 01:00
Insuring against a domestic crisisHome insurance providers are getting in on the ‘breakdown assist’ act, offering emergency services to deal with plumbing problems…Tue Aug 07 2012 - 01:00
Central Bank raises 2012 forecastThe Central Bank has become slightly more confident on the Irish economy, predicting it will grow by 0Tue Jul 31 2012 - 01:00
Stocks up to highest level since AprilMARKETS ROSE across Europe yesterday, fuelled by hopes that central banks will launch fresh measures this week to stem the global…Tue Jul 31 2012 - 01:00
Investors cautious on ECB plansEuropean shares ended a three-day rally and oil dipped today as investors turned cautious about the likely outcome of central…Tue Jul 31 2012 - 01:00
Further decline in household lendingLending to households continues to decline, despite a marginal increase in June, according to new statistics from the Central…Tue Jul 31 2012 - 01:00
Asian markets rise on stimulus hopesAsian shares rose today on hopes for further stimulus from the European Central Bank and the US Federal Reserve, both of which…Tue Jul 31 2012 - 01:00
Greencore set to meet expectationsFood group Greencore expects no “material improvement” in its trading environment in the near future, but remains confident of…Tue Jul 31 2012 - 01:00
European markets rally to record highEUROPEAN MARKETS rallied to their highest level since April yesterday, fuelled by the expectation that the European Central Bank…Tue Jul 31 2012 - 01:00
EC looks to break the audit 'oligopoly'The European Commission has just announced a series of wide-reaching measures that are set to shake-up the audit market in Ireland…Mon Jul 30 2012 - 01:00
A little risk may pay offSome fund managers have of late decided to push the boat out and bring something new to Irish investorsTue Jul 24 2012 - 01:00
Property price register pushed out until late SeptemberTHE LONG-AWAITED property price register, detailing the sale price of residential properties here, looks like it’s now going …Thu Jul 12 2012 - 01:00
How to lighten your mortgage loadAS THOSE IN severe financial difficulties try and make sense of the recently-published Personal Insolvency Bill and what it might…Tue Jul 10 2012 - 01:00
What next for the daily deals?The phenomenon of regular offers steams ahead regardless of deal fatigue. So what can consumers expect to see in the future?Tue Jul 03 2012 - 01:00
Long-term finance for IBRC may ease Irish return to markets, says HonohanLONG-TERM, low-cost financing for Irish Bank Resolution Corporation (IBRC) may now be on the cards following Thursday night’s…Sat Jun 30 2012 - 01:00
Chairman's flat cost AIB €4,500 a monthSTATE-OWNED bank AIB yesterday disclosed that it paid €4,500 a month for a Dublin apartment used by David Hodgkinson during his…Fri Jun 29 2012 - 01:00
Shareholders vent their frustrations and question direction bank takingShareholders took to the floor in their numbers to bemoan collapse of investmentsFri Jun 29 2012 - 01:00
Mortgage arrears at AIB still on the riseMORTGAGE ARREARS at AIB continue to rise, the bank has disclosedFri Jun 29 2012 - 01:00
B of I says loan book reduction of €10bn on targetBANK OF Ireland says it has met its deleveraging target for international loans 18 months ahead of scheduleFri Jun 29 2012 - 01:00
Contagion fears grow for CanadaCanadian minister for finance Jim Flaherty says the longer the euro financial crisis goes on, the greater the chances it will…Fri Jun 29 2012 - 01:00
New mortgage-to-rent schemeA new scheme that will turn holders of hopelessly distressed mortgages into renters has been unveiled by Minister of State for…Thu Jun 28 2012 - 01:00
Dicey times for investorsIT’S A troubling time for Irish investors in the wake of the collapse of another Irish financial institution, Bloxham Stockbrokers…Tue Jun 26 2012 - 01:00
Corrupted software may dent bank imageANALYSIS: It would appear a small software patch was applied without an adequate disaster plan. A huge backlog resultsTue Jun 26 2012 - 01:00
Downgrading of banks hits marketsEUROPEAN MARKETS extended their losses yesterday on the back of poor macroeconomic data and a Moody’s downgrade of 15 of the …Sat Jun 23 2012 - 01:00
38,000 leave occupational pension schemesSOME 38,000 people left occupational pension schemes over the past year as the recession continued to bite, the Pensions Board…Sat Jun 23 2012 - 01:00
Foreign loans drop 7.3% in first quarterIRISH DOMESTIC banks continue to pull back on foreign lending, with Central Bank statistics showing that levels fell by 7Fri Jun 22 2012 - 01:00
Nearly 40,000 quit pension schemesSome 40,000 people left occupational pension schemes over the past year, as the recession continued to bite, the Pensions Board…Fri Jun 22 2012 - 01:00
Losses at ACCBank narrow as it gains from position in Rabobank GroupLOSSES AT ACCBank narrowed significantly last year as the bank benefited from its position in the Rabobank Group to reduce its…Tue Jun 19 2012 - 01:00
Fund invests in wind energy portfolioTHE IRISH Infrastructure Fund (IIF), which aims to invest up to €1 billion in Irish assets, has made its first investment through…Tue Jun 19 2012 - 01:00
B of I approves Anglo dealSHAREHOLDERS IN Bank of Ireland have approved overwhelmingly a transaction to allow the Government pay a €3Tue Jun 19 2012 - 01:00
BoI shareholders back bond dealShareholders in Bank of Ireland this morning approved a transaction to facilitate the payment, by the Government, of a €3Mon Jun 18 2012 - 01:00
Central banks braced for post-election Greek falloutCENTRAL BANKS across the world are girding themselves for a co-ordinated response in the event of a credit shock following elections…Sat Jun 16 2012 - 01:00
Markets reassured by central banksAHEAD OF tomorrow’s Greek elections, markets expelled a sigh of relief yesterday, advancing on the back of commitments from central…Sat Jun 16 2012 - 01:00
