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Updated: 39 min 37 sec ago

Analysis: Why deals by drug giants are to be feared

Thu, 12/20/2018 - 07:42
Merger plans by pharmaceutical giants who are based in Ireland always raise alarm bells.

Fed plots rate hikes that may disappoint many in market

Thu, 12/20/2018 - 07:00
The US Federal Reserve raised interest rates last night and said it was keeping the core of its plan to tighten monetary policy intact even as central bank officials said they would likely slow the pace of further rate increases next year.

S&P still expects ECB interest rate hike in September

Thu, 12/20/2018 - 06:42
Credit ratings agency S&P still expects the ECB to raise interest rates for the first time in eight years next September, despite growing sentiment of late that no rate rise is likely until the very end of 2019 at the earliest.

First arrests made in Danske Bank dirty money case

Thu, 12/20/2018 - 06:12
An international criminal investigation into Danske Bank has led to the first group of bankers being apprehended, and prosecutors say more will probably follow.

US sanctions on Irish company ‘to be lifted’

Wed, 12/19/2018 - 20:55
Aughinish Alumina’s parent company is Russian. It employs over 600 people.

NTR invests €35m in French wind farm market

Wed, 12/19/2018 - 18:37
NTR has made a move into the French renewable energy market with the purchase of two wind farm projects for a combined investment of over €35m.

Irish staff await GSK/Pfizer plans

Wed, 12/19/2018 - 18:34
Pharmaceutical companies GlaxoSmithKline (GSK) and Pfizer have said that it is too early to say what the implications are for their Irish staff after a partnership between the firms to create a €10.85bn consumer health division.

EA tells High Court says it was fully entitled to dismiss director of Galway-based subsidiary

Wed, 12/19/2018 - 18:04
The Irish subsidiary of video game giant Electronic Arts was fully entitled to dismiss one of its directors, the High Court has heard.

Olympian's horse breeding business earns profits of over €1.3m

Wed, 12/19/2018 - 16:21
The horse breeding business owned by Olympic show jumping medalist, Cian O'Connor enjoyed profits of €1.365m last year.

Fisheries minister criticises 'misinformed' lobbyists on EU quotas

Wed, 12/19/2018 - 16:14
An international lobby group for sustainable fishing has accused ministers across Europe of ensuring overfishing will continue as a result of the 2019 Annual Fisheries Negotiations which concluded early today.

Bank entitled to appoint receiver to take over Dublin restaurant

Wed, 12/19/2018 - 16:08
A bank was entitled to appoint a receiver to take possession of the Diep Le Shaker restaurant on Dublin's on Pembroke Lane, over default on a €1.16m mortgage secured on the premises, the High Court has ruled.

British Irish Chamber of Commerce warn of 'no deal' danger

Wed, 12/19/2018 - 14:50
The British Irish Chamber of Commerce has warned of the dangers a ‘no deal’ Brexit will have for business and trade between the UK and Ireland.

'Is it more of the roll-over over Leo?' - SF reacts to €270m Anglo payout to junior bondholders

Wed, 12/19/2018 - 14:41
The Taoiseach Leo Varadkar has rejected an opposition claim that he is "Roll-over Leo" when it comes to Anglo bondholders.

Invest Christmas bonus into pension, say chartered accountant group

Wed, 12/19/2018 - 12:50
The Association of Chartered Certified Accountants have warned that those who don't invest their Christmas bonus into their pension risk losing a large portion of it to taxation.

Bank of England set to keep rates at 0.75% as Brexit uncertainty reigns

Wed, 12/19/2018 - 12:17
Policymakers may look to keep the door open for a hike next year if a Brexit deal is agreed.

Retail industry body blast 'alarmist ' Met Éireann weather warnings

Wed, 12/19/2018 - 10:28
Last weekend, on the penultimate Saturday before Christmas, there was a weather warning which Retail Excellence claim made shoppers stay at home.

GlaxoSmithKline agrees consumer tie-up with Pfizer ahead of future spin-off

Wed, 12/19/2018 - 08:48
The combined business will have sales of around €11bn and bring together Glaxo’s brands such as Sensodyne and Panadol and Pfizer’s Advil and Centrum.

Report finds warning signs today similar to those ignored before economic crisis

Wed, 12/19/2018 - 07:22
Ireland's competitiveness is facing significant losses as the economy heats up and the cost of living continues to rise.

Irish Ferries plan to scrap service between Rosslare and France a 'big blow'

Wed, 12/19/2018 - 07:21
Plans by Irish Ferries to no longer run a ferry between Rosslare and France are being described as a "big blow".

Truck deal ‘no panacea’ for hard Brexit

Wed, 12/19/2018 - 06:12
A breakthrough UK agreement that will allow Irish trucks carrying goods to the Continent pass freely on British roads is not a “panacea” for all the ills of a hard Brexit.