Coulson’s love-in with junk bond investors in Ardagh hits the rocksAnalysts expect outlook for glass bottle sector to force group to restructure its debt at some pointSat Jul 27 2024 - 05:00
Michael O’Leary, Tony Smurfit, Albert Manifold: Which Irish plc CEOs have the biggest pay packages?The median chief executive compensation packag was €2 million last year.Fri Jul 26 2024 - 05:59
Ardagh slashes forecast for glass bottle business as it mulls how to cut €11.5bn debt Hit to bottle unit caused by weaker-than-expected demand among consumers in Europe, and a switch by drinks manufacturers from glass to aluminium cansThu Jul 25 2024 - 18:10
Revolut secures UK banking licence after three-year waitAuthorisation for UK banking licence for Revolut comes less than a month after the company published annual results showing a better-than-expected €398m profit last yearThu Jul 25 2024 - 09:07
Dundrum Town Centre co-owner takes further €58.3m hit on Irish shopping mallsHammerson said it and Allianz expect to sign refinancing deal for €600 million of Dundrum loans in early AugustThu Jul 25 2024 - 08:46
Finance officials concerned about oversight of auto-enrolment pension schemeLegislation holds planned new mandatory workplace pension scheme to lower regulatory standards than private sector rivalsThu Jul 25 2024 - 05:00
Axa Irish premiums to hit €2bn as it gets nod to underwrite Laya policiesLargest general insurer in the Republic acquired the second largest player in health cover market last year in €650m dealThu Jul 25 2024 - 05:00
Hvivo chairman Cathal Friel sells remaining shares for €7.3mBusinessman oversaw the initial flotation in 2019 of clinical trials group that became HvivoTue Jul 23 2024 - 16:16
Central Bank warned ‘over-regulating’ funds could backfireSector says overly aggressive action could prompt shift of financial assets into unregulated vehiclesTue Jul 23 2024 - 15:52
Kildare Village stake changes hands in £600m Hammerson fashion outlets saleProperty giant intends to use proceeds to reduce debt and reinvest in core prime urban retail propertyMon Jul 22 2024 - 09:22
Pension auto-enrolment: Call for companies to get six-month grace for landmark new systemMany Irish employers will struggle with the implementation of the upcoming system, staffing agency warnsMon Jul 22 2024 - 06:15
Ardagh’s riskiest bonds fall below 20c on euro ahead of resultsChairman of glass and metal packaging group says ‘all options’ to cut debt burden are being looked atMon Jul 22 2024 - 06:15
Pepper names former Anglo Irish banker as chief executiveNiall Sorohan is currently chief executive of Cabot IrelandMon Jul 22 2024 - 06:10
Building consultancy plans hiring drive amid energy retrofit boomSystemCore was co-founded in 2021 by former bonds and shares trader Cathal O’LearyMon Jul 22 2024 - 05:55
Johnny Ronan misses out, PTSB dividends and aircoach cancellationsSeen & Heard: Budget giveaway, Aircoach cancellations and Louis Vuitton’s Irish profitsSun Jul 21 2024 - 11:02
Mark-down M50 shopping mall sales set a floor as €600m Dundrum loans loomSlumping prices come even as occupancy levels remain highSat Jul 20 2024 - 06:00
Dublin-based Brera football group’s auditor warns on ‘going concern’Company’s net loss widened to €4.91 million last year from €1.23 million in 2022Sat Jul 20 2024 - 06:00
PTSB to sell €348m of problem mortgages to Apollo-led groupDeal will reduce its non-performing loans ratio to 1.7 per centFri Jul 19 2024 - 16:31
Irish airlines, public transport and NCT hit as Microsoft scrambles to fix global IT outageFinancial services groups, airlines and media groups have been affectedFri Jul 19 2024 - 13:31
Datalex plans to raise €25m in share sale in ‘early autumn’Move would allow firm to repay high-cost loans from Dermot DesmondThu Jul 18 2024 - 09:50
Bankinter’s Irish loans rise 41% amid plans for bank branchSpanish lender’s Irish unit saw its pretax profit jump 20% to €20m in the first half of yearThu Jul 18 2024 - 09:31
Grant Thornton Ireland hires advisers amid possible merger with US firmIrish accounting firm undertakes strategic review with Deutsche Bank hired to advise on its optionsThu Jul 18 2024 - 07:35
Finance Ireland rules out mortgages reboot until 2025 ‘at earliest’ as banks hog marketNonbank lender drastically reduced home loan business as interest rates soaredThu Jul 18 2024 - 06:00
Kenmare Resources to name Carvill successor within weeks Mining company says its shipments have dropped 18%Wed Jul 17 2024 - 10:33
Mainstream Renewable eyes deals to ‘recycle’ capital as loss narrowsChief executive of company founded by Eddie O’Connor seeing ‘strong opportunities’ for dealsWed Jul 17 2024 - 06:00
Spotlight on Central Bank’s vetting process should lower risk of groupthinkOver more than a decade, the regulator has received 50,000 applications to approve individuals for key positions, approving 11,000 in the past four years aloneSat Jul 13 2024 - 06:00
Furlong’s Pageant builds up 3.2% stake in Corre EnergyCorre was down to €1.08m of cash at the end of last year but later raised €2.76m in share saleSat Jul 13 2024 - 06:00
Datalex shareholders urged to reject new chief executive’s sign-on bonusRecommendation also made to vote against the re-election of non-executive director Peter LennonSat Jul 13 2024 - 06:00
Bank of Ireland confirms Gavin Kelly as next Davy chiefExecutive will lead bank’s new wealth and insurance division, including the stockbroking unitFri Jul 12 2024 - 17:13
Eagle Street picked as preferred bidder for the Square in TallaghtValue of offer is unknown but follows previous negotiations for potential sale at knock-down price of about €125mFri Jul 12 2024 - 06:00
‘Sentiment towards Ireland is very strong now,’ says NTMA chief Frank O’Connor National Treasury Management Agency boss will oversee two new sovereign wealth funds with aim of capturing and investing windfall tax revenuesFri Jul 12 2024 - 05:52
Central Bank vetting regime for financial roles often seen as ‘quasi-enforcement investigation’Organisational overlapping ‘seems to have generated some confusion amongst firms and candidates’Thu Jul 11 2024 - 15:01
Smurfit WestRock likely to find integration ‘challenging’, says Bank of America Smurfit Kappa effectively doubled in size last week with WestRock mergerThu Jul 11 2024 - 06:46
European shares rise as Fed chair comments drive property stocksDublin-listed home builders up as real estate stocks advanceWed Jul 10 2024 - 18:21
Lone Star nears sale of most of Quintain Ireland property assets to TPGCompany among the initial wave of overseas investors to buy hereSat Jul 06 2024 - 07:15
Humphreys will not name date for pensions auto-enrolment launch - because she cannot Auto-enrolment start date has slipped several times before. Now pegged for ‘early 2025′, will it slip again?Sat Jul 06 2024 - 06:00
AIB to seek 150 job cuts over three yearsLender says move aimed at increasing 'efficiency'Fri Jul 05 2024 - 12:18
Corre Energy to deliver one of Europe’s largest battery storage facilitiesDublin-listed renewable energy storage developer has signed a deal with Dutch market leader SemperPowerFri Jul 05 2024 - 07:43
Seán Quinn’s former properties in Kyiv: The battle and the warIBRC liquidators have paused the sale of two key assets in Kyiv once owned by businessman Seán QuinnFri Jul 05 2024 - 06:00
Former Marsh Ireland broker banned from senior finance rolesCentral Bank of Ireland investigation related to ‘unauthorised creation and modification of insurance documentation’Fri Jul 05 2024 - 06:00
Central Bank governor urges Chambers to stick to budget spending rule Government has repeatedly brokenGabriel Makhlouf urges Government against giveaway budgetFri Jul 05 2024 - 00:01
India’s Tata Consultancy Services preferred bidder to build auto-enrolment pension systemDepartment of Social Protection confirms selection of Indian information technology company to build and run landmark pension systemThu Jul 04 2024 - 07:10
Irish company behind ‘Milan’s third football team’ has days to comply with Nasdaq requirementBrera Holdings missed deadline to file annual reportThu Jul 04 2024 - 06:00
European shares rise on mounting hopes of US rate cutsIseq All-Share index jumps 1.2 per cent, with home builders standing out among performersWed Jul 03 2024 - 17:55
Competition watchdog open to short-term lease on former Quick Park site at Dublin AirportCCPC blocked airport operator from acquiring site earlier this year but chairman says a short-term lease may be possibleWed Jul 03 2024 - 17:00
Revolut’s Irish mortgages are a game changer, and the banks know itFintech’s huge customer base here makes it a true competitor to Irish lendersWed Jul 03 2024 - 06:00
Revolut plans to offer Irish mortgages from 2025Irish customer base at 2.7m at end of 2023 and on track to breach three million this yearWed Jul 03 2024 - 06:00
Smurfit Kappa dip on last day on Iseq as High Court clears mergerGroup will remain headquartered in Dublin and be led by Tony SmurfitTue Jul 02 2024 - 15:42
NTMA to put first €10bn in sovereign wealth funds into low-risk investmentsReserves will reduce its borrowing requirement in coming years, agency saysTue Jul 02 2024 - 14:30
Revolut’s profits soar as fintech eyes share sale valuing it above $40bnCompany sets sights on increasing Irish customer base to above 3m in 2024Tue Jul 02 2024 - 06:03
