Covid-19 business interruption claims pushed Irish non-motor insurers into €128m loss in 2020Insurance industry has been loss-making since 2015 in underwriting employers’ and public liability and commercial property insuranceWed Jun 22 2022 - 04:00
Ireland has frozen €1.72bn of Russian assets through sanctionsFinancial assets dominate as amount more than doubles from previous official figureTue Jun 21 2022 - 18:37
AIB sells problem loans portfolio to Cerberus-led group for €400mLoan book, with reported original value of more than €700 million, is about nine years in default on averageTue Jun 21 2022 - 07:50
Digicel bonds due next year slide to 72c on the dollar as risks mountRatings agency Fitch says Digicel ‘faces significant refinancing risk’ with its 2023 bondsTue Jun 21 2022 - 06:18
Bank of Ireland expected to name Gavin Kelly as interim chief executive as strategy refresh driftsFrancesca McDonagh will step down in September after five years in the roleTue Jun 21 2022 - 05:40
Aer Lingus customers hit by Heathrow luggage chaos urged not to call help deskIrish carrier working on returning lost baggage from Heathrow flights ‘within the coming days’Mon Jun 20 2022 - 18:30
Central Bank reminds business groups of Russian sanctions obligationsRegulator declines to give update on extent of sanction-linked assets that have been frozen in the StateMon Jun 20 2022 - 13:02
Irish house prices running 40% above long-term link to incomeHome prices rose a further 2.2 per cent between December and the end of AprilMon Jun 20 2022 - 06:05
Almost a third of Irish consumers expect to cut spending as inflation bitesAbout half have also experienced problems securing certain products in the past six monthsMon Jun 20 2022 - 05:30
KBC Ireland confirms it will exit Synch ‘at appropriate time’App aimed at taking on likes of Revolut and N26Fri Jun 17 2022 - 19:34
European shares post third straight week of losses as downturn fears mountTentative European rally comes as investors fret over major rate hikesFri Jun 17 2022 - 18:31
Providence raises $1.8m at discount as key Barryroe lease awaitedInvestors in Providence have seen three Barryroe development partnership deals come to nothing in the past decadeFri Jun 17 2022 - 18:31
The State’s rising bond rates will limit what the next budget can doEuro zone bond vigilantes are on the prowl once moreFri Jun 17 2022 - 15:59
Tide turns on crypto currencies as recession fears stalk marketsSector’s value, led by bitcoin, has slumped by more than two-thirds since $3 trillion peak in NovemberFri Jun 17 2022 - 05:45
Irish banks’ rival to Revolut approved by competition regulator with conditionsMoney-transfer app Synch Payments may be introduced before end of yearThu Jun 16 2022 - 18:02
Inflation poses ‘greatest risk’ to Irish insurers’ profits, Central Bank saysGovernor also warns insurance companies to be ready for new rules on increased premiumsThu Jun 16 2022 - 16:36
Makhlouf says Irish recession ‘unlikely’ even as outlook weakensCentral Bank says it would take ‘significant further negative shock’ to force economy to contractWed Jun 15 2022 - 15:50
Irish banks face demand to hike rainy-day capital to above pre-Covid levelInstitutions will be required to hold a 0.5 per cent buffer by this time next yearWed Jun 15 2022 - 15:03
HealthBeacon may seek dual Nasdaq listing in futureCompany floated on Euronext Dublin last December after raising €25m million in an initial public offeringSun Jun 12 2022 - 12:08
Dublin hub for Europe’s riskiest corporate loans faces big test as stagflation bitesJoe Brennan: Market for leveraged loans defied expectations of a blow-up during the Covid-19 crisisFri Jun 10 2022 - 15:40
HealthBeacon boss unfazed by share price drop after IPO as he eyes slice of $10bn marketIrish listed company raised €25m last year from its stock market offeringFri Jun 10 2022 - 12:30
European shares drop as hawkish ECB prepares path for rate hikesIseq rallies off its lows in late tradingThu Jun 09 2022 - 18:17
Ireland set to start repaying EU bailout earlier than expected in 2023Move comes as borrowing costs soar in global debt marketsThu Jun 09 2022 - 05:01
State’s Bank of Ireland stake falls below key 3% levelGovernment has been selling down shareholding in bank from a level of just below 14% about a year agoWed Jun 08 2022 - 16:03
Irish lawyers, accountants and services firms share €900m in special purpose vehicles feesRussian-used area of Dublin’s shadow banking hub paid total of €3.3 billion in financial and professional services fees last yearWed Jun 08 2022 - 15:42
Central Bank board hears of staffing pressures amid 109 vacanciesRegulator to work with staff on prioritising certain workTue Jun 07 2022 - 18:12
Some analysts feel deal is skewed in Tullow’s favourAnalysts feel deal is skewed in Tullow’s favourTue Jun 07 2022 - 15:45
Cerberus, CarVal and Cabot join forces for AIB problem loans bidPortfolio, dubbed Project Sycamore, is expected is mainly made up of deep-in-default commercial property loansMon Jun 06 2022 - 07:00
Crypto in your pension pot? No thanksEfforts to spice things in Irish-registered investment funds up should be resistedFri Jun 03 2022 - 15:41
Irish-led Spac deal vote delayed amid market turmoilMerger between North Atlantic Acquisition Corporation and TeleSign by means of special-purpose vehicles delayedFri Jun 03 2022 - 05:00
Former top AIB executive Gary Kennedy named chair of Goodbody StockbrokersAIB repurchased the stockbroking firm last year after selling it in 2011Thu Jun 02 2022 - 16:59
HealthBeacon eyes move into helping patients stick to pills scheduleCompany’s hopes of expanding margins in near term has been hit by global pressuresThu Jun 02 2022 - 13:23
AIB to buy Ulster Bank’s performing tracker mortgages at 5% discountBank’s tracker portfolio stood at €6 billion at the end of MarchWed Jun 01 2022 - 19:21
Finance committee hears of Irish SPV links to Russian military fundingTCD professor calls for EU-driven effort to regulate vehiclesWed Jun 01 2022 - 17:43
Ardagh Group takes advantage of weak metal unit shares to buy debt-equity notesPaul Coulson’s Ardagh plans to purchase €250m in hybrid notesWed Jun 01 2022 - 17:32
Tullow Oil and Capricorn Energy agree €1.64bn merger Deal to lead to ‘sustainable’ investor returns after tumultuous period for Tullow in recent yearsWed Jun 01 2022 - 10:24
Bank of Ireland says clients unaffected by BNY Mellon funds ‘greenwashing’US regulator imposes $1.5m penalty for 'misstatements and omissions' about environmental, social and governanceWed Jun 01 2022 - 05:00
Stricter property funds resilience rules in pipeline, warns MakhloufIrish-based companies hold about €23 billion of domestic real-estate assetsTue May 31 2022 - 19:45
European shares drop as euro zone inflation hits record 8.1%Banks, food stocks and transport take a hit as fears grow of larger than expected ECB move on interest ratesTue May 31 2022 - 18:40
KBC Ireland to stop accepting product applications from mid-JulyBank outlines process for those who will be mid-application when that deadline expiresTue May 31 2022 - 17:08
Mood at Davos weighed down by war, inflation and food crisisUkraine, the state of the world economy, and a mounting international food crisis dominated WEF proceedingsFri May 27 2022 - 05:00
German chancellor Olaf Scholz says Putin ‘will not win’ Ukraine warDavos 2022: G7 leader also used the last major speech of the gathering to defend globalisationThu May 26 2022 - 14:15
Davos 2022: Red carpet no longer rolled out for Russia and ChinaNo invite to any Russian officials, oligarchs or other entities this year in response to Ukraine warThu May 26 2022 - 06:00
Leading IMF economist Gita Gopinath dismisses wage-price spiral concernsCentral banks have been warning against large salary increases which could push inflation up furtherWed May 25 2022 - 20:46
Taoiseach ‘open’ to EU treaty change to remove vetoes on enlargement and sanctionsIt is ‘beyond comprehension’ that one member’s veto is holding up accession, Martin tells WEFWed May 25 2022 - 12:07
Nato head tells Davos elite that freedom more important than profitStoltenberg calls Nord Stream 2 fiasco a ‘key lesson’ and cautions against Chinese control of 5G networksTue May 24 2022 - 18:09
Food crisis knocks climate off top of Davos agendaRussia’s blockade of Ukrainian ports ‘a weapon of war’ with global repercussionsTue May 24 2022 - 17:51
OECD chief says it is in countries’ self-interest to implement 15% tax rateDavos: Cormann acknowledges that start date could be delayed until 2024Tue May 24 2022 - 10:31
Less showbiz, more down to business at World Economic ForumDavos Diary: Taoiseach and Tánaiste attend event, while Zelenskiy appears by videolinkTue May 24 2022 - 05:04
Citigroup chief executive says Europe is sliding into recessionBank of France governor Francois Villeroy de Galhau claims Europe proving resilientMon May 23 2022 - 20:28
