Investment bank Credit Suisse is to open a trading floor in Dublin and will hire up to 100 staff here before the end of the year. The bank is to take
The National Asset Management Agency predicts a €2 billion surplus by the time it completes its work, according to management at the organisation. Appearing before the Joint Oireachtas Committee on Finance, Public
The Government launches today a new five-year science strategy, which aims to double total spending on research and development in Ireland to €5 billion by 2020. The strategy, titled Innovation
The European Union commission has opened a formal state aid investigation into allegations that fast food giant McDonald’s received a tax deal from Luxembourg six years ago. The case against
Allied Irish Banks, p.l.c. (AIB) today successfully agreed to issue €500 million fixed rate resettable T1 perpetual contingent temporary write-down securities. The coupon for the initial fixed rate period until December
Pfizer’s deal to buy-out Allergan was formally announced yesterday the 23rd November, it will be one of the largest corporate takeovers in history, which will not only benefit the shareholders of Allergan but
French investment firm Eurazeo has said that it plans to pay up to €335m to buy 90 percent of Irish group Fintrax, a provider of VAT refunds for tourists. Eurazeo
Swiss bank, Credit Suisse, is on course to become the first international bank to set up a major trading floor in Dublin. The Swiss bank wants to move 40 traders and
AvantCard, one of Ireland largest credit card company is to cut nearly a quarter of it’s workforce at it’s Carrick-on-Shannon office in Co. Leitrim. The company has struggled to attract
Bank of Ireland said it approved €3.6bn of new credit for Irish business in the nine months to the end of September. This result has increased by 13 percent compared
Consumers will be able to opt out of rounding and 1c and 2c coins will still be legal tender. Rounding will apply only to cash payments ands, only to the
The stimulus boost provided by Budget 2016 is likely to increase economic volatility, ratings agency Fitch has said. The ratings giant nonetheless said the Budget was consistent with improving finances,
The final Budget before the General Election will see Fine Gael and the Labour Party seek to appeal to working families. Every worker in the country will be €1,000 better
Minister for Finance Michael Noonan will wait until after Budget 2016 to nominate a successor to outgoing Central Bank governor Patrick Honohan. Although the Minister had been expected to bring
Lending by Ireland’s 354 credit unions slumped to a 15-year low of €3.5 billion in the 12 months to June 2015, due to a combination of reduced demand and lending
The additional €1.5bn of spending increases and lower taxes planned for Budget 2016 is not needed in an economy already growing at the fastest pace in Europe, according to the
In its latest quarterly Irish Economy Monitor, the company said that its previous forecasts for GDP, of growth of 4pc this year, followed by a further 3.7pc in 2016, were
Zurich Insurance Group abandoned an offer for RSA Insurance Group because it expects a loss in its own general insurance business in the third quarter and will conduct a review
Bank of America-Merrill Lynch, the corporate banking arm of the massive US institution, has shifted $9 billion (€8 billion) of assets from Ireland to the UK so far this year,
Donegal Investment Group has reported revenues which were down €500,000 in the first six months of the year as a rise in turnover in its speciality dairy division offset by
Quad play player Eircom has reported its first year-on-year growth in seven years with revenues up 5pc to €325m. The company plans to rebrand for the first time in 16
The initiative aims to offer help in business mobility, digital training, sales, marketing and business productivity for companies within the SME community. The Little Milk Company, based in Dungarvan, Co
The increase in authorised capital in the US-owned Phillips 66 Whitegate Refinery is confirmed in documents lodged with the Companies Office. Phillips 66 is the fourth largest non-government refiner in
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