Boutique investment firm IBI is in talks to sell a majority stake to the Japanese-owned DC Advisory. Joe Brennan has the details.
What next for the Web Summit? After days of uncertainty the company has moved to clarify who is in charge now that Paddy Cosgrave has resigned. Ian Curran reports.
Joe also reports that former Bank of Ireland chief executive Francesca McDonagh, who handed in her notice at Credit Suisse last month after a year with the group, has been hired to lead German-based fund servicing group Universal Investment to drive its ongoing expansion.
In Money Matters, Brianna Parkins looks ahead to Christmas and how it’s never too late to plan for what is traditionally a very expensive time of year.
A “small number” of seasonal employees at the Midleton Distillery Experience will leave the business in November after severe flooding in east Cork forced its closure, Irish Distillers has said, with the extent of the damage from Storm Babet expected to shutter the facility for “some time”. Ian has the details.
In his column, Martin Wolf assesses the challenges facing Xi Jinping as China’s economy struggles.
Shamrock Rovers, the Republic’s most successful football club, more than tripled its profits last year as it continued to reap the rewards of its academy. Colin Gleeson reports.
The property market continues to slow down, with home prices in Dublin now 2 per cent off their level a year ago. Eoin Burke-Kennedy reports.
Ryan Tubridy has been keeping his head down in recent times and it looks like that will continue: the broadcaster has pulled out of an event scheduled for today, in what would have been his first public appearance since leaving RTÉ. John Burns reports.
Rising costs hit bloodstock sales giant Goffs, with profits slumping last year. Barry O’Halloran reports.
KBC Bank Ireland has decided to offer “goodwill” payments of as much as €75 to certain former savers, after the lender was found by the Financial Services and Pensions Ombudsman (FSPO) last year to have breached consumer protection codes by not directly communicating rate changes. Joe has the story.
In commercial property, Ronald Quinlan reports on a big price drop for assets at Elm Park business park in south Dublin, as well as Hines move to sell development land at Cherrywood priced at €5m.
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