AIB expects to make profit next year
State owned AIB said it expects to make a profit in 2014 for the first time since the bank was bailed out by tax payers at a cost of over €20bn.
State owned AIB said it expects to make a profit in 2014 for the first time since the bank was bailed out by tax payers at a cost of over €20bn.
THE technology sector can be a strange one to say the least. If you asked the man on the street who employed more people in Ireland, many would probably say a company like Facebook had far more staff here than Hewlett Packard.
THE British Government has strongly hinted it will sell off Ulster Bank assets as part of a review of its ownership of the troubled RBS group.
Finance Minister Michael Noonan again ruled out higher income tax.
A Japanese global healthcare company is creating 416 jobs in Northern Ireland.
ROYALTY Pharma's increased hostile bid for Irish drug company Elan has been thrown into disarray after shareholders voted in favour of a share buy-back arrangement.
Ryanair and Boeing today finalised a firm order for 175 Next-Generation 737-800 airplanes valued at $15.6bn at list prices.
It comes as a bit of a relief to find that Ireland isn't the only euro country being staked out by US billionaires.
A NEW study lays bare the transformation in the rural economy over the last quarter century, with the numbers working in the professional and commerce sectors growing while the forestry and agricultural sectors fall.
THE IDA is aggressively selling Ireland as a destination for companies looking to minimise their tax bill.
MORE than a quarter of loans in the State's main banks have gone bad, the International Monetary Fund has revealed.
Icon's Ciaran Murray is the best paid chief executive in Ireland in terms of pay and bonuses, according to Bloomberg calculations.
THE pace of expansion at Brian Conlon's Northern Irish firm First Derivatives is impressive. The 17-year-old financial consulting firm now boasts a staff of 750 and has built itself up as a boutique player in an industry dominated by massive global giants like Accenture.
SALES at Newry-based financial technology firm First Derivatives jumped by a fifth this year, led by increased revenues from the consulting arm of its business.
ROYALTY Pharma has dropped its multi-billion-dollar hostile bid for Irish drug company Elan and has withdrawn its judicial review.
A FUND linked to Ryanair chairman David Bonderman sold €10.6m worth of shares in the airline last week.
FIRST a confession: The Punt tends to be quite cynical when it comes to politicians. To hear some of them blather on at Oireachtas Committees for hours on end is enough to defeat anyone.
SHAREHOLDERS in Independent News & Media voted overwhelmingly in favour of the publisher's restructuring plan at a special meeting yesterday.
INVESTORS in Ireland and the UK are losing faith in corporate reports.
The new, secure way to buy Sterling and US Dollars from the Post Office
WAGES in construction and non-business related sectors such as education and health fell in the first three months of the year, statistics show.
DESPITE the devastation caused by the Irish housing bubble, Ireland's wealthiest people still show unusual fondness for property.
EUROPEAN shares edged lower early today, led by Denmark's Danske Bank on capital concerns while more broadly investors remained cautious ahead of a two-day meeting of the US Federal Reserve.
Drinks giant rows back on warning
BANK of Ireland said yesterday that rich clients at the lender's private banking unit have not been "impacted" by an internal probe into the unit looking for possible irregularities.
COMPANIES are "significantly" more upbeat about their prospects, according to a new survey by lobby group IBEC.
AN IRISH engineering company is leading the fight against counterfeit medicines, working with the pharmaceutical industry at home and abroad to implement sophisticated systems to guarantee drugs are genuine.
DEPARTMENT of Finance boss John Moran has been named as a director of the European Investment Bank (EIB) although he will give the €800 a day for attending meetings to the Exchequer.
Centra said its recently launched own brand range of 900 products will generate sales of more than €150m for Irish manufacturers.
Playing in the US Open this week, three-time Major winner Padraig Harrington might have other things on his mind. But back at home, the company he's backed along with financier Dermot Desmond is being considered for a buy by tech giant Amdocs, it is believed.
Former Irish Nationwide chief executive Michael Fingleton faces the possibility of financial wipeout as the special liquidators of Anglo Irish Bank launched a multimillion euro lawsuit against the former building society boss and four of his board members.
A flame taken from the eternal one on US president John F Kennedy's grave has arrived in Ireland as part of events to mark 50 years since his visit.
HEALTH Minister James Reilly says he will have no problem suspending the new abortion laws if he feels they are being abused.
The Gathering got off to a good start as the number of overseas visitors increased by 7.3pc in the first three months of the year.
The Gathering got off to a good start as the number of overseas visitors increased by 7.3pc in the first three months of the year.
A flame taken from the eternal one on US president John F Kennedy's grave has arrived in Ireland as part of events to mark 50 years since his visit.
IRISH households are recycling twice the EU average of electrical waste.New figures show that 8kg of old fridges, irons and batteries were sent for proper disposal last year, twice the EU target.
A HERO fisherman who rescued three neighbours from the Atlantic ocean has insisted: “It was nothing.”
CAROLINE Kennedy will meet President Michael D Higgins today as part of a special celebration marking the visit of her father to Ireland 50 years ago.
THREE young boys are lucky to be alive today after they found a loaded gun in a disused house and fired it.
THE weekend Lotto jackpot is heading for €2.5m after last night's draw failed to produce a winner. The numbers were 3, 6, 10, 27, 40 and 42. The bonus was 39. The jackpot was €2m.