More than half of companies led by women have no external funding at all, compared with 30pc of male-led businesses - and three times as many female business leaders regard access to capital...
IRISH-owned titanium miner Kenmare Resources has announced its first dividend will pay at least 20pc of annual after-tax profits, under a new policy outlined to shareholders.
CareChoice will become the biggest nursing home operator in the country after agreeing a deal to buy the 124-bed The Marlay in Rathfarnham, Co...
London-listed, Ireland-based Greencore shares suffered extreme volatility yesterday, swinging higher immediately after a deal to sell its US arm was announced. The stock then fell as much as 10pc, and closed almost 9pc down on the day.
Irish firms are being warned that their ability to cope with Brexit could be undermined because of their UK-based suppliers and customers' lack of preparations.
The organisation that represents Ireland's biggest news publishers, NewsBrands Ireland, has welcomed a decision by European Union finance ministers that will allow the same Vat rate to be applied to printed and electronic news products.
Europe may now be worse placed to counter the effects of an economic shock than it was 10 years ago - including because countries like Ireland have seen their national debt balloon since 2008.
A PROFIT warning from Ryanair sent its shares down 12pc in Dublin, and its London-listed rivals Easyjet and Aer Lingus owner International Airlines Group fell 6.5pc and 1.9pc respectively in response.
A poll of firms looking to leave the UK as a result of Brexit found Dublin is the most popular choice for relocation, with 21 firms out of 59 across financial services sectors having committed to relocating staff or operations here.
FBD will hit the market as early as today to raise a new €50m bond, and is expected to pay interest of around 5pc a year.
THE pound slumped yesterday on the back of broad dollar gains after a US rate hike, and with investors still nervous about the outcome of negotiations on the terms of Britain's planned exit from the European Union.
Digicel has been awarded a 15-year contract, understood to be worth tens of millions of euro, with the Caribbean nations of Saint Lucia, Grenada, and Saint Vincent and the Grenadines to provide...
Digicel has been awarded a 15 year contract, understood to be worth tens of millions of euro, with the Caribbean nations of Saint Lucia,...
FBD Insurance has yet to be told what investor Fairfax Financial plans for its option to convert a bond into a 19.1pc stake in the business - three days after the option went live.
The Irish Life offices on Dublin's Abbey Street are a reminder of another age. At the top of the heart of the complex I'm whisked through wide corridors, huge double doors and a collection of sculptures...
The special 9pc VAT rate for newspaper publishers, in place since 2011, was retained in the budget.
Budget 2019 has something for everyone - or almost everyone - but employers have been singled out to pick up the tab. Despite the rhetoric about people who get up early in the morning, there's very little to excite the small business owner.
Economic uncertainty, including fears about the effects of a messy Brexit, is causing at least some Irish small- and medium-size enterprises (SMEs) to delay investment, according to research published by the Banking & Payments Federation Ireland (BPFI).
A worldwide asset-freezing order has been served on Irish businessman Peter Conlon in relation to the hunt for €3.8m of missing charity funds.
FBD yesterday tapped the market for a fully-subscribed €50m Tier 2, 10-year subordinated bond, paying interest of 5pc a year.
The price of bailing out the banks a decade ago now stands at €41.9bn, according to new figures prepared for the Irish Independent.
Irish banks have been caught up as fears about the implications of the Italian situation hit sentiment.
Digicel has raised in the region of $90m (€77m) from a sale and leaseback of 451 telecoms towers in Jamaica, the latest in a series of transactions to reduce its overall debt burden.
The Governor of the Central Bank Philip Lane has welcomed indications that the surge in house prices is showing signs of abating.
STATE investment vehicle the Ireland Strategic Investment Fund (Isif) has announced a €50m investment in the Dublin-based aircraft lessor Genesis Aircraft Services Limited.
In normal circumstances, a plan by the UK to slash corporation tax would cause panic in Irish ranks.
Irish-owned telecommunications group Digicel has extended until October 19 a deadline for its bondholders to accept an offer to swap $3bn (€2.59bn) of outstanding debt for new securities with later maturity dates.
The former Apollo House site in central Dublin has been put up for sale by receivers appointed by Nama - who are understood to be seeking €40m.
There is no end in sight to the housing misery that is leaving thousands of families struggling with spiralling rents or unable to afford homes, a leading think-tank warns today.
Digicel has extended a deadline for bondholders to accept a refinancing offer to swap $3bn (€2.59bn) of debt for new securities with later maturity dates.
Irish bank shares fell sharply yesterday as the market reacted to a report in the 'Sunday Independent' that An Post is preparing to enter the mortgage market, and plans to significantly undercut existing lenders.
The snowballing money- laundering scandal at Danske Bank has led European Union authorities to investigate whether the lender's supervisors did enough to prevent it.
As Ireland's most commercially successful fashion designer ever, Orla Kiely's dramatic decision to shut her retail business this week was a bolt from the blue.
The chief executive of Nama has said the European Troika tried to force him to 'fire sale' its assets at the pit of the economic crisis in 2011.
Contents of a speech to an invited audience in Dublin of top political, business and trade union leaders tonight has been ruled off limits to the public, after the European Union's secretary-general insisted the reporting restriction be put in place.
Negotiators are getting down to the real business of Brexit, and suddenly the ground is shifting under Ireland's feet.
The UK's Local Authority Pension Fund Forum (LAPFF), whose members advise £230bn (€260bn) of pension funds, has recommended they vote against both Ryanair's financial report and accounts, and the re-election of chairman David Bonderman next week.
THE Local Authority Pension Fund Forum (LAPFF) whose members advise £230bn of UK pensions has recommended that its members vote against Ryanair’s report and accounts and the re-election of chairman David Bonderman next week.
The Irish economy grew around six times faster than the European average in the three months of April, May and June and is on course to come close to matching last year's 7.2pc expansion.
The Government has borrowed €1bn on the bond markets, at an effective interest rate of 0.888pc. The auction for the new debt was oversubscribed by would-be investors - who bid 2.5 times the funds sought.
Rules that have restricted credit unions in the mortgage market are set to be loosened, after the Central Bank bowed to calls from the sector for a major review.
The economy grew by 2.5pc in the three months to the end of June, driven by higher technology exports in particular.
Technology firms such as Facebook would have to share more of their revenue with the publishers of content used online under a shake-up of copyright rules.
Results show gross profit at CPL Resources increased by 16pc to €83.2m as the company noted continued growth in the flexible working segment.
The former head of the Department of Finance, Kevin Cardiff, has been appointed as a non-executive director of KBC Bank Ireland, according to a company filing.
The former head of the Department of Finance, Kevin Cardiff, has been appointed as a non-executive director of KBC Bank Ireland, according to a company filing.
State forestry company Coillte has agreed a deal to sell its operating wind farm assets to Greencoat Renewables for an enterprise value of €281m.
Most Irish businesses will have cyber insurance in place within five years, an overwhelming majority of insurance industry leaders believe.
Ryanair has banned the media from its annual general meeting (AGM) of shareholders next week as the company reels from a year characterised by flight cancellations and industrial unrest.
Ryanair has banned the media from its annual general meeting (AGM) of shareholders next week as the company reels from a year characterised by flight cancellations and industrial unrest.
A group of Digicel bondholders has organised to negotiate with the company for better terms on its proposed $3bn (€2.59bn) debt exchange, and is working with US law firm Akin Gump Strauss Hauer & Feld, it is understood.
The 'Sunday Business Post' newspaper has been sold to Galway-born businessman Enda O'Coineen's Kilcullen Kapital Partners.
Finance Minister Paschal Donohoe has thrown his full weight behind Central Bank Deputy Governor Sharon Donnery's bid to win a top job at the European Central Bank.
The Sunday Business Post newspaper has been sold to Galway born businessman Enda O’Coineen’s Kilcullen Kapital Partners.
Finance Minister Paschal Donohoe has published a 'road map' of actions Ireland is taking to cut down on corporate tax avoidance, but insisted it won't drive away foreign direct investment (FDI).
AIB chief financial offer Mark Bourke will leave the bank next year, the company announced today.
The French billionaire owner of Eir, Xavier Niel, has pledged almost half of his stake in his main French telecom company, Iliad, as part of a financing for his personal holding company.
The Government and Central Bank are on a collision course after the regulator issued a stark warning to focus on building up a financial buffer rather than tax cuts for workers.
The Governor of the Central Bank has said sales of problem mortgages and non performing loans can help protect the financial system and noted current conditions are favourable for tackling the issue, in what’s likely to be seen as a greenlight to banks contemplating disposals.
AIB's chief financial officer Mark Bourke will leave the bank next year, the company announced today.
Digicel has landed a contract from the government of the Commonwealth of Dominica, in the West Indies, to rebuild and manage the country's telecommunications and ICT services infrastructure.
Regulators at the Central Bank have ordered managers of Irish-domiciled mutual funds to review fees charged to investors, after uncovering evidence of possible overcharging.
Telecom provider Eir said full year financial results for the 12 months to the end of June were in line with expectations.
Dalata, the country's biggest hotel chain has declared an interim dividend of 3.0 cent per share and announced further expansion in the UK, with an agreement to lease a new 276 room Maldron Hotel to be built in central Manchester.
Independent News & Media (INM) will find out on Tuesday whether the High Court will appoint inspectors to examine the affairs of the group.
Independent News & Media (INM) will find out on Tuesday whether the High Court will appoint inspectors to examine the affairs of the group.
Independent News & Media (INM) has reported a reduced profit of €11.5m for the first half of the year, in line with expectations. Revenue for the period was €95m, down 4pc compared to the first half of last year. The company’s cash pile stood at €89.4m at the end of the period.
Digicel bonds rose last night, after Denis O'Brien's telecoms and communications group told bondholders to expect action in the "near term" aimed at addressing its $6.8bn (€5.8bn) debt burden.
Labour relations trouble-shooter Kieran Mulvey has been appointed as a non-executive director of Independent News and Media (INM).
Well-known labour relations expert Kieran Mulvey has been appointed as a non-executive director of Independent News and Media, with effect from today.
The head of LacPatrick Dairies, Gabriel D'Arcy, is to stand down ahead of the group's planned merger with Lakeland Dairies.
Central banks holding sterling as part of their foreign exchange (forex) reserves could sell more than £100bn (€109bn) of the currency should Britain crash out of the European Union without a trade deal, a Bank of America Merrill Lynch (BAML) study showed yesterday.
Rents in Dublin are the sixth highest in the developed world, according to research from the European Union's statistics agency, Eurostat.
Sterling will fall to 95 pence to the euro and approach parity in the early part of next year if a hard Brexit is still on the cards, according to analysts at Investec Ireland.
Deputy Governor of the Central Bank of Ireland Sharon Donnery has officially put herself forward as a candidate to become chair of the European Central Bank's powerful Single Supervisory Mechanism (SSM) Board.
The impact of a global tariff war would make Brexit "pale into insignificance", Kingspan CEO Gene Murtagh told the Irish Independent yesterday
A long-delayed €500m terminal to import gas through the Shannon estuary is back on after US-based New Fortress Energy struck a deal to buy the company behind the scheme.
The deputy governor of the Central Bank of Ireland, Sharon Donnery, has officially put herself forward as a candidate to become chair of the European Central Bank’s powerful Single Supervisory Board.
A long delayed €500m gas terminal on the Shannon Estuary is back on after US based New Fortress Energy struck a deal to buy the business with full permission.
The Irish Independent and its sister newspapers remain by far the most popular with Irish readers, outselling rivals across almost all categories, the latest figures from the Audit Bureau of Circulations (ABC) show.
Bank of Ireland was offered €3bn on the markets yesterday as investors piled into an inaugural bond issued by the holding company that was set up by the lender last year in a structure designed to ring-fence ordinary savers in the event of a future banking crisis.
The Canadian-owners of Ireland’s only oil refinery have struck a deal to buy the Tedcastle group of companies, which operates under the Top Oil brand.
Cryptocurrency scams are using images of celebrities and upmarket London addresses to hoodwink consumers into parting with cash, Britain's Financial Conduct Authority has said.
Accountancy regulators have been given the green light to resume disciplinary investigations in relation to Anglo Irish Bank's former auditor Ernst & Young (EY) and four top bankers linked to the collapsed lender.
Dublin Airport Authority (DAA), which runs the airports in Dublin and Cork, is to consult with An Bord Pleanála (ABP) about proposed changes to its planned second main runway - known as the North Runway.
The Competition and Consumer Protection Commission (CCPC) has cleared a takeover of Sisk Healthcare by Uniphar, but imposed conditions. They include a so-called firewall intended to prevent the exchange of sensitive information between Uniphar's pre-wholesale/logistics division and Sisk Healthcare's wholesale business units after the deal is done.
Bank of Ireland has named Jackie Noakes as group chief operating officer (COO), a senior role where she will oversee major spending areas including technology, infrastructure and operations.
Paddy Cosgrave's Web Summit has rescinded an invitation to French far-right leader Marine Le Pen to speak at its main technology conference in Portugal in November.
The European Bank for Reconstruction and Development (EBRD) internal stress tests found the lender could cope with a 40pc drop by the Turkish lira, sources told Reuters, but the currency has weakened more than that this year.
Paddy Cosgrave's Web Summit has rescinded his invitation to French far-right leader Marine Le Pen to its main technology conference in Lisbon.
Construction costs will surpass 2006 levels this year and are rapidly approaching the highest levels of the Celtic Tiger bubble, according to new figures from the Society of Chartered Surveyors Ireland (SCSI).
Germany is waiting for the European Commission to rule on whether its farmers can get income tax relief to help offset the effects of drought on this year's harvest, weekly magazine 'WirtschaftsWoche' has reported, citing an unidentified German agriculture ministry spokeswoman.
Investment banks have earned $280.55m (€242m) advising on large Irish mergers and acquisitions and capital raising deals so far this year, according to data provider Thomson Financial.
Ulster Bank will consider further distressed mortgage sales once it completes the disposal of 6,500 problem loans later this year.
State spending in the first seven months of the year outpaced the level of revenues collected by €277m. That compared to a surplus of €3.366bn at the same time last year - although that included the proceeds from the sale of AIB shares.
The total income tax paid by Irish workers is on course to hit a record high in 2018, Exchequer figures have indicated.
State spending in the first seven months of the year outpaced revenues collected by €277m.
Irish small and medium enterprises are half as likely to seek loans and overdrafts than in comparable markets. When loans are sought, Irish firms are twice as likely to be rejected.
UK lender Lloyds Banking Group booked a £105m (€118m) loss on the sale of its Irish mortgage portfolio, according to financial results published yesterday.
As MANY as 42,000 distressed mortgages are actively or tentatively for sale by Irish banks, Independent.ie has established.
TAOISEACH Leo Varadkar was unaware of the sale of more than 10,000 mortgages by State-controlled lender Permanent TSB as the controversial deal was announced.
Goodbody Stockbrokers has concluded a deal to sell the business to Chinese Government-backed suitor Zhong Ze Culture Investment Holdings.
Shares in Permanent TSB closed up a massive 9.375pc at €2.10 yesterday, after the bank confirmed its long-planned sale of more than 10,000 problem mortgages. Bank of Ireland shares were up 1.94pc. It had said on Monday that it may look to execute a similar deal to slash its stock of non-performing exposures.
Bank of Ireland's Francesca McDonagh managed the near-impossible yesterday, when she broached the highly-charged possibility of her bailed-out bank selling off customer loans, and convincingly laid the blame elsewhere.
Bank of Ireland has signalled that it may sell off problem mortgages and other non-performing loans to meet tougher regulatory pressures.
The economy is at risk of overheating, the Central Bank's director of economics and statistics has warned, in its latest intervention in a matter of days.
Bank of Ireland has given the clearest signal yet that it may sell off non performing loans.
FINANCE Minister Paschal Donohoe should hike taxes to help prepare Ireland for the next economic downturn, the Central Bank has warned.
Finance Minister Paschal Donohoe should hike taxes to help prepare Ireland for the next economic downturn, the Central Bank has warned.
AIB's bill for rectifying the tracker mortgage scandal now stands at €260m - around a quarter of the entire cost to the financial sector. The bank posted financial results showing a €762m pre-tax profit for the first of the year - including a one-off €140m gain from the sale of problem loans.
The Central Bank has appointed Mary-Elizabeth McMunn Director of Credit Institutions Supervision, in a statement yesterday.
The CEO of stock market-listed insurer FBD, Fiona Muldoon, has slammed ongoing failures to tackle high legal costs, despite an explicit target set by the Troika during the bailout.
The Governor of the Central Bank has warned that failing to balance the budget has left us less well able to manage the next downturn.
TV3 owner Liberty Global injected "€10m to €15m" into the Irish broadcaster to drive a turnaround, according to the CEO of the global cable giant.
TV3 owner Liberty Global injected "€10m to €15m" into the Irish broadcaster to drive a turnaround, according to the CEO of the global cable giant.
