What it says in the papers – business pages
Here's a look at what it says in the business pages of today's newspapers:
- Shares in Anglo-Irish exploration firm Tullow Oil shot up more than 6pc at one stage yesterday following the resolution of a maritime dispute between Ghana and Ivory Coast.
- Michael Fingleton failed to appear at the latest hearing of a Central Bank inquiry set up to examine the actions of senior management prior to the organisation's collapse in 2010.
- Independent News and Media, Ireland's largest media group, has launched a voluntary severance programme for its editorial and advertising staff.
- Accumulated profits at the entertainment firm owned by movie director Jim Sheridan last year jumped to more than €320,000.
- AIB’s chief executive will tell the Oireachtas finance committee today that there will be "no return" to the "old days" of 100pc developer loans.
- A distressed assets fund linked to the US investment giant CarVal is pursuing Tony Mansfield, the eldest son of the late developer Jim Mansfield, over property debts.
- Nama has paid €7.5m for 91 redundancies since start of 2016, a response to a parliamentary question shows.
- Just 29pc of people buying Irish property are under the age of 30 according to a new study.
- The largest alumina refinery in Europe, Aughinish Alumina on the Shannon estuary, went back into the red last year after prices slump.
- The number of appeals to An Bord Pleanála involving developments of over 30 houses has increased significantly in the last four years.