Syndicated News

13 Jun

Irish Ferries to take further hit of €4m – €5m from ship delay

The announcement from Irish Ferries operator ICG of another delay to the delivery of the W.B. Yeats ship is set to hit earnings at the company by a further €4m – €5m, according to Davy analysts. The group had already taken a hit of €2.5m in lost revenue from cancellations announced earlier this year. On […]

Read More
13 Jun

Malin hits a new all-time low with State down 30pc

Shares in State-backed Malin hit an all-time low yesterday to leave taxpayers nursing a loss of 30pc on the initial investment. Malin’s shares lost 3.45pc in trading yesterday to close at €7, and at one stage plunged below €7 for the first time to hit €6.60. The State’s Ireland Strategic Investment Fund (ISIF) invested €50m […]

Read More
13 Jun

Bank of Ireland overhaul bill soars to €1.4bn

Bank of Ireland will pump an extra €500m into an annual “transformation programme” aimed at improving its business systems and overhauling its software platform as the lender attempts to reduce costs and drive efficiencies over the next three years. The additional cash brings the total investment outlay from 2016-2021 to €1.4bn. According to a much […]

Read More
12 Jun

Three investment mistakes to avoid when building your portfolio

Even the world’s most successful investors admit they sometimes get it wrong. In a recent Time Money article, John Bogle, founder and former CEO of the US investment firm, The Vanguard Group, claimed that one of his biggest mistakes was buying individual stocks for about a dozen years in the 50s and 60s, before he […]

Read More
12 Jun

ESB plots massive Scottish windfarm

The ESB has unveiled plans for a massive 91 megawatt windfarm in Scotland. The State-owned electricity business has formed a partnership with wind developer Coriolis Energy and the companies are working on a number of projects in that country. Renewables trade publication ‘ReNews’ said the ESB has kicked off a scoping process for the farm, […]

Read More
11 Jun

Greencore to appoint US chief executive by year end

Greencore, the Dublin-based food group and the world’s largest sandwich maker, is searching for a new chief executive for its US operations as speculation persists about potential takeover interest in the company. Sources said Greencore will announce the appointment before the end of the year. News of the latest shake-up comes amid rumours the group […]

Read More
11 Jun

Less than a third of people renting their home do it by choice

The scale of the rental trap facing hard-pressed families is revealed in a new report showing that the vast majority of people do not wish to be tenants. Fewer than a third of tenants rent their homes by choice, according to Threshold’s report, which was released ahead of an event to mark the national housing […]

Read More
08 Jun

Yahoo escapes Irish fine in biggest ever email breach

Yahoo has escaped a fine from the Irish Data Protection Commissioner after the watchdog found against it for a giant email data breach that affected 500 million Yahoo email users. Instead, the tech giant has been ordered to change its data security and processing systems, on pain of court enforcement. The breach occurred in 2014 […]

Read More
Page 5 of 254« First...34567...102030...Last »
Menu