Donal O'Donovan

Independentie

Friday, 29 May 2020 | 12.3°C Dublin

News [1]
Opinion [2]
Business [3]
Sport [4]
Life [5]
Style [7]
Entertainment [8]
Travel [9]

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Independentie

News [1]
Opinion [2]
Business [3]
Sport [4]
Life [5]
Style [7]
Entertainment [8]
Travel [9]

Menu Sections

Donal O'Donovan

Providence to issue new shares after delayed fund transfer lands in account

Providence Resources says a transfer of funds due from Norwegian group SpotOn Energy has arrived, having been delayed for a week. The company will now issue new shares to the investor.

Insiders dominate body that oversees the Central Bank

The board charged with overseeing the Central Bank under a structure beefed up in the wake of the last financial crisis has fewer directors than required by law, and no longer has a majority of independent directors.

Confident: Kevin Nowlan of Hibernia Reit believes sites may change to a shift system to help social distancing

Building costs will not spike after this crisis, says Nowlan

Hibernia Reit, one of the country's biggest commercial property developers, has said building costs will not rise dramatically as a result of Covid-19.

Legal warnings over return to work

Employers considering bringing staff back to work based on criteria such as age cut-offs or health status after the Covid-19 lockdown risk being sued on discrimination grounds.

Nama makes final €56m payment to investors with taxpayers next

Nama has made a final €56m payment to private investors who took a stake in the bad bank when it was set up.

Flexibility: Philip Lane believes the ECB can deviate from capital key quotas

Lane hints at way ECB can skirt German court ruling

The European Central Bank (ECB) is not bound by strict country quotas when it buys bonds in the markets, chief economist Philip Lane has told a high-powered finance conference.

Grand: The bar at the Leopardstown Inn, one of the pubs in the Loyola Group which is taking an action against FBD

FBD set to ask judges to delay hearing more virus claims from pubs

INSURER FBD says it intends to ask judges at the Commercial Court not to hear additional legal actions taken against it by publicans who say their cover is not being honoured until cases now under way are decided.

Safety-focused firms are 20pc more likely to go to the wall

EMPLOYERS with better staff safety records are 20pc more likely to go under, according to a new study of 25 years of health and business records.

FBD plans to ask court to delay cases taken by most publicans

Insurer FBD says it intends to ask judges at the Commercial Court not to hear additional legal actions taken against it by publicans who say their cover is not being honoured, until a case now underway is decided one way or another.

Refinery: Mark Turley saw pre-tax profits at ClonBio shoot up by 143pc

Ethanol content in petrol 'should be doubled to 10pc'

Doubling the grain ethanol content in Irish petrol to 10pc would have the same environmental benefit as replacing 100,000 cars with electric vehicles, according to Mark Turley, who heads Europe's biggest grain refinery.