Energia quarterly earnings rise 28% as US owner advances sale planUS investment firm I Squared Capital hired investment bankers to prepare the company for saleFri Sept 13 2024 - 06:00
Apple and Ireland: A tale of two tax sweetheartsLegal twists and turns over Apple case have sent periodic shockwaves across the Atlantic in recent yearsFri Sept 13 2024 - 05:51
Energia boss Ian Thom: ‘Why have an unnecessary dichotomy between growth and sustainability?’Energy transition `represents a huge opportunity for us’, claims Energia bossFri Sept 13 2024 - 05:30
Apple runs out of road as European Court of Justice rules Ireland owed €13bn in back taxesAccount set up in 2018 to collect and hold funds pending outcome of dispute now amounts to €14bnWed Sept 11 2024 - 06:00
Apple to take up to €9.1bn charge on Irish tax case after ECJ rulingTech multinational says case ‘has never been about how much tax we pay, but which government we are required to pay it to’Tue Sept 10 2024 - 20:46
EU top court ruling paves way for Apple to pay Ireland over €13bn in taxesECJ Apple-Ireland tax ruling: EU competition commissioner Margrethe Vestager ordered Apple in 2016 to pay the State more than €13bn in alleged back taxes but that decision has been subject to legal appealsTue Sept 10 2024 - 11:31
Apple’s €13bn Irish tax case timeline Apple’s tax affairs in Ireland have been under scrutiny for more than a decade on both sides of the AtlanticTue Sept 10 2024 - 08:56
Irish plcs to spend up to €6.14bn in record share buybacks flurryHeightened spend reflects surge in stock repurchases on both sides of the Atlantic following drop-off in 2023Tue Sept 10 2024 - 06:00
Pensions lobby group calls for auto-enrolment clarity in October budget Department of Social Protection targeting start of scheme aimed at capturing 750,000 workers without pension plan in ‘early 2025′Tue Sept 10 2024 - 05:56
Aviva expands hospitality coverage after insurance reformsUK insurer returns to hospitality sector following Government reforms designed to reduce the cost burden on businessesMon Sept 09 2024 - 05:48
Not enough zoned land in key areas to meet housing targets, says Goodbody stockbrokersGoodbody estimates need for up to 60,000 units a year to deal with existing shortfall of supply and population growth.Mon Sept 09 2024 - 05:40
Call for ‘rental court’ to deal with serious tenant-landlord disputesBody needed to deal with issues such as tenants refusing to leave after lease expires and landlords who unlawfully keep deposits, says SCSIMon Sept 09 2024 - 05:35
Is Kingspan’s Murtagh insulated from buck stopping after scathing Grenfell report?If anyone thought there would be questions about the CEO’s position, there is no sign of them from investorsSat Sept 07 2024 - 06:00
European shares record worst performance in a month on mixed US dataDublin’s Iseq All-Share index dropped 1.1 per cent to 9,571.96 on FridayFri Sept 06 2024 - 18:27
Coca-Cola HBC deal to buy Irish vending machine firm draws deeper competition scrutinySwitzerland-headquartered bottler of Coca-Cola products, agreed the multimillion deal through a Northern Ireland subsidiaryFri Sept 06 2024 - 16:27
Damning Grenfell fire report puts Kingspan under spotlightInferno enveloped the 24-storey tower in less than three hours, claiming the lives of 72 peopleThu Sept 05 2024 - 17:19
Kingspan made false claims about insulation used on Grenfell Tower, says reportIrish multinational ‘knowingly created a false market’, report on 2017 disaster findsWed Sept 04 2024 - 20:29
Grenfell fire: Irish firm Kingspan ‘knowingly created false market’ for insulation used on towerGrenfell Tower fire: Report on fire which killed 72 people in London highlights failures of UK government, building materials companies, contractors, fire safety experts and local council officialsWed Sept 04 2024 - 12:22
Mortgages arrears review calls for lifting of €3m ceiling for insolvency dealsReport published by Minister for Finance notes there are still about 20,000 accounts behind on paymentsTue Sept 03 2024 - 15:43
ECB and Central Bank officials to brief Irish finance firms on digital euroECB to decide next year on the potential issuing of a digital currencyTue Sept 03 2024 - 11:10
Hedge funds that stuck with former Quinn assets deserve their rewardEmergence of trade buyer is a positive developmentSat Aug 31 2024 - 06:00
Corre Energy shares rally as major investors grant €5m loanRebound began last week but shares in the embattled renewable energy storage developer are down almost 84% this yearFri Aug 30 2024 - 15:41
PTSB finance chief Nicola O’Brien to join UK online bank MonzoMonzo is one of the UK’s highest-profile online banks, competing with Starling and RevolutFri Aug 30 2024 - 12:55
Top EU court to rule on Apple tax case on September 10thIn November advocate general Giovanni Pitruzzella said the general court failed to assess ‘methodological errors’ relating to the iPhone maker’s Irish tax liabilitiesThu Aug 29 2024 - 18:25
PTSB finance chief Nicola O’Brien quits for ‘new role’Official played key role in acquisition of billions of euros of loans from Ulster BankThu Aug 29 2024 - 15:58
Irish Ferries owner ICG’s operating profit rises 7.4% in first halfGrowth follows recent launch of Dover-Calais route and return of travel patterns towards pre-pandemic levelsThu Aug 29 2024 - 15:45
Construction project delivery PM Group’s operating profits fell in 2023Revenues at the Dublin headquartered group, which employs 3,527 people across Europe, North America and Asia, declined by 7.5% to €566mThu Aug 29 2024 - 09:13
Grafton Group says business outside Ireland remains ‘challenging’Woodie’s DIY owner unveiled new share buyback programme aiming to repurchase €35.6m of stockThu Aug 29 2024 - 08:02
Turkish group to buy former Quinn industrial empire in €330m dealMannock’s management team will retain a 5.3% interest after Sabanci Holdings unit, Cimsa, completes dealWed Aug 28 2024 - 09:07
Datalex launches €25m share sale that may see Dermot Desmond take majority stakeAirline ecommerce software group raising money to pay back loan balance of €19.1m to businessman’s Tireragh vehicleWed Aug 28 2024 - 09:00
Barclays’ Dublin EU hub assets reach €150bn as firm weighs Paris moveGroup reports first-half loss of €102m, driven by a €252 million hit on the sale of its Italian retail mortgage portfolioWed Aug 28 2024 - 05:00
Mortgage approvals rebound in July as first-time buyers drive activityApprovals rose 18.6% in the month, supported by revival in loan-switching activity as some homeowners reach end of fixed-rate periodsWed Aug 28 2024 - 05:00
Ryanair shares jump as O’Leary no longer sees sharp summer fares dropStock adds more than 6% in early trading on TuesdayTue Aug 27 2024 - 10:12
European stocks run out of steam amid UK bank holidayShares remain near one month highMon Aug 26 2024 - 18:25
Liberty Insurance rebrands as RedClick after Italian takeoverItalian insurance giant Generali acquires business as part of a €2.3 billion dealMon Aug 26 2024 - 13:24
Digicel credit rating upgraded on improved finances after restructuringMobile phone network group remains junk rated, partly due to focus on markets ‘with history of instability and adverse weather events’Mon Aug 26 2024 - 09:59
Liquidators of Kremlin-owned GTLK firms aim to sell 17 planes by early 2025Two companies owed bondholders $3.75bn in 2023, half of it to Russia-based investors, and had assets valued at $4.5bnMon Aug 05 2024 - 05:00
Annoyed by banks’ bumper profits? It’s on you if you’re still giving them money for nothingBanks are getting 3.75% on your savings with the Central Bank and paying you an average of 0.13% in a demand deposit accountSat Aug 03 2024 - 05:27
Dundrum centre owners near €600m refinancing with group led by UK’s RothesayExisting loans secured against the landmark shopping centre fall due in SeptemberSat Aug 03 2024 - 05:00
AIB in talks to buy back €500m of State shares as profits rise 30%Bank sees full-year net interest income amounting to about €4bn, up from previous €3.65bn-plus projectionFri Aug 02 2024 - 07:28
Former AIB finance chief advances plan to float Portuguese bankMark Bourke says shareholders agree ‘overcapitalised’ Novo Banco should no longer be barred from paying dividendsThu Aug 01 2024 - 17:29
PTSB’s mortgage market share creeps up from 2023 lowBank reports a ‘strong pipeline of activity’ as profits in first half treble to €75m, beating expectationsThu Aug 01 2024 - 07:58
Digicel earnings rebound in year bondholders seized controlDenis O’Brien handed 90% of the Caribbean-based telecoms group over to bondholders under a debt-for-equity swap finalised in JanuaryThu Aug 01 2024 - 05:48
Bank of Ireland raises full year forecasts amid slow pace of rate cutsBank profits from customers’ reluctance to shift savings into higher interest accounts as well as lower bad loan provisionsWed Jul 31 2024 - 19:54
Banks’ profit surge on higher rates may mask challenges, Central Bank warns While the higher interest rate environment has led to improved profitability in recent years, it has not made bank business models any more sustainable, Sharon Donnery saidWed Jul 31 2024 - 16:54
Smurfit Kappa earnings fall ahead of €23bn WestRock mergerGroup cites higher recovered fibre costs and lower corrugated box prices but says demand is recoveringTue Jul 30 2024 - 21:41
Irish Life pays out €1.73bn of dividends since purchase for StatePayouts eclipse €1.3bn Canada’s Great West-Lifeco paid Government to buy Ireland’s largest life and pensions group in 2013Tue Jul 30 2024 - 05:51
Irish GDP seen expanding for second straight quarter after 2023 contractionEconomy still smaller than this time last year, CSO says, despite increase in activity among multinationalsMon Jul 29 2024 - 13:11
Dublin private equity firm Erisbeg plans second fund after first exitErisbeg sells healthcare equipment company Medray for close to €60m to investment firm owned by Lloyds Banking GroupMon Jul 29 2024 - 12:41
Euronext CEO confirms plan for Irish ‘springboard’ market for small company listings Euronext Access markets are designed especially for start-ups and small companies that wish to join a stock exchange to finance growthMon Jul 29 2024 - 05:46
