Bank of China

Fenergo revenue edges closer to €100m milestone

Irish fintech unicorn has recorded 40 new client bookings since Covid crisis began

Thu Jan 13 2022 - 05:00

Evergrande rated ‘restricted default’ by Fitch after missed payment

Neither company nor government has confirmed that Evergrande has defaulted

Thu Dec 09 2021 - 10:10

Evergrande braces for debt deadline after doubting ability to pay

Company says there is no guarantee it can make $82.5m debt payments due Monday

Mon Dec 06 2021 - 06:50

European shares rebound after four-day losing streak

Higher commodity prices offset fears around Covid-19 surge

Wed Nov 24 2021 - 09:37

Evergrande pays missed dollar bond coupon, says Chinese state media

Developer’s repayment of offshore debt comes days ahead of default deadline

Fri Oct 22 2021 - 09:55

Fears grow for China Evergrande after interest deadline missed

Evergrande misses payment deadline on dollar bond interest but has 30-day grace period

Fri Sept 24 2021 - 15:13

China says it won’t build new coal plants abroad. What does that mean?

Climate experts give cautious welcome to Xi signalling shift from funding fossil fuels

Thu Sept 23 2021 - 10:55

China to break up Ant’s Alipay and force creation of separate loans app

Chinese fintech will turn over user data to new joint venture partly owned by state

Mon Sept 13 2021 - 11:34

European stocks edge towards record highs shaking off growth worries

Euro zone August factory growth strong while Asian shares recover losses

Wed Sept 01 2021 - 10:54

China’s economy grows slightly more slowly than expected

Expectations build that policymakers may have to do more to support the recovery

Thu Jul 15 2021 - 07:42

Kerry Group outperforms on green targets in food sector but urged to do more

UK investment giant Legal & General blacklists firms for failing to address climate issue

Tue Jun 15 2021 - 10:47

China approves Goldman Sachs and ICBC joint wealth management venture

Country opened its giant financial sector to foreign companies last year as part of an interim trade deal with US

Tue May 25 2021 - 17:19

Fenergo confirms sale of majority stake; looks to become $5bn business

Tech unicorn set to expand further both through organic growth and acquisitions

Tue May 18 2021 - 12:34

Success is no fairytale for the latest Irish unicorn

Born just as financial markets went into meltdown, Fenergo has overcome the odds

Sat May 01 2021 - 06:15

Irish fintech Fenergo valued at over $1bn after $600m deal

Dublin-based company achieves unicorn status after surpassing $1bn valuation

Fri Apr 30 2021 - 16:26

China orders Jack Ma’s Ant to revamp business

Ant will now be supervised more like a bank, a move with far-reaching implications for growth

Tue Apr 13 2021 - 10:24

Fast-growing Fenergo to create 100 new jobs in Dublin

Irish fintech already employs 400 locally, and a further 450 people outside of Ireland

Sat Apr 03 2021 - 05:44

Goodbody Stockbrokers swung into €1.8m pretax loss in 2019

Roy Barrett’s company loan also fell from €80,000 to €18,880, latest accounts show

Fri Apr 02 2021 - 06:19

Goodbody, its suitor AIB and Ireland Inc need Davy to find good home

Market Beat:

Fri Mar 26 2021 - 15:48

World’s top 60 banks pump $3.8tn into fossil fuels since Paris accord

Report finds world’s biggest banks pumping finance into activities of corporate polluters

Wed Mar 24 2021 - 04:05

Norwegian close to deal on ICBC leases

Scandinavian airline’s examinership continues

Thu Feb 25 2021 - 12:51

Norwegian creditors challenge airline’s bid to return aircraft to lessors

Airline and Irish subsidiaries have High Court protection from creditors

Thu Feb 04 2021 - 18:02

Norwegian creditors may challenge airline’s bid to end leases

Airline seeking to hand back 36 aircraft

Thu Feb 04 2021 - 13:26

Goodbody Stockbrokers repays €450,000 in Covid wage subsidies

Firm availed of Temporary Wage Subsidy Scheme for eight weeks at outset of pandemic

Wed Feb 03 2021 - 05:12

Fenergo on acquisition trail as revenue and headcount rises

Irish fintech says it is still weighing up a stock market flotation

Sat Jan 23 2021 - 05:40

Norwegian examiner has month to finalise rescue plan

High Court extends examinership as $2.5bn of group debt discharged

Fri Jan 22 2021 - 15:35

Jack Ma vs Xi Jinping: the future of private business in China

Expectation is that Ant and Alibaba will survive but face tighter regulation

Wed Jan 13 2021 - 11:14

Norwegian Air begins cutting its fleet ahead of restructuring

Troubled carrier moves aircraft to Shannon in preparation for returning them to lessors

Wed Jan 06 2021 - 04:50

Lessors seek details of Norwegian Air Shuttle’s planned fleet cuts

Scandinavian group could offload some of its 140 aircraft amid restructuring

Fri Dec 18 2020 - 12:04

Norwegian Air secures court protection over €4.1bn debts

Creditors tell court they are neutral on airline’s attempt to restructure

Mon Dec 07 2020 - 13:45

Fenergo named Irish technology company of the year

Fintech takes top prize with other winners including City Swift, NearForm and Fineos

Thu Nov 26 2020 - 17:01

Liquidating Norwegian Air Shuttle would leave €6bn deficit

Court documents show winding up company would wipe out most of its assets

Sat Nov 21 2020 - 06:00

AIB in exclusive talks to buy back Goodbody Stockbrokers

Bank preferred bidder for brokerage it sold after taxpayer bailout

Fri Nov 20 2020 - 02:46

Fenergo denies reports it has given up on $2bn listing

Dublin-based fintech says it is still exploring a potential initial public offering

Wed Nov 18 2020 - 16:10