Ireland

Election-nervous politicians shout down IAG's Aer Lingus bid

The owner of British Airways is running out of time to secure Ireland's Aer Lingus as questions over its commitment to keep jobs and key Heathrow routes stoke opposition from politicians facing a tough election next year.


Cross-border lending on the mend in the euro zone

Cross-border lending is growing in the euro zone for the first time since the bloc's financial crisis prompted banks to retreat from highly indebted countries such as Spain, Greece, Ireland and Italy.

Goldman advising Ireland for free to boost reputation - finance minister

Ireland's finance minister said on Wednesday Goldman Sachs (GS.N) is advising the Irish state free of charge on the sale of one of its banks in order to boost its reputation and was one of five investment banks to offer to work pro bono.

Ryanair CEO says state's Aer Lingus concerns are misplaced

Ryanair Chief Executive Michael O'Leary said the concerns of its fellow Aer Lingus shareholder, the Irish government, on the potential sale of the airline to the owner of British Airways are misplaced.


Latest News

European bank stress tests have found that Ireland's permanent tsb (PTSB) (IPM.I) had a capital shortfall of 800 million to 850 million euros at the end of 2013, a source familiar with the process said on Friday.
Ireland is set to announce legal changes next week to phase out the "Double Irish" tax arrangement that has let firms such as Google (GOOGL.O) save billions of dollars, two sources familiar with the matter said.
The European Commission has told Ireland it may investigate more companies as part of a probe into the country's tax practices, after announcing a formal probe into Apple Inc's (AAPL.O) Irish subsidiaries, a person familiar with the matter said on Friday.
Dublin, Ireland-based medical startup Mainstay Medical raised €18M as it completed a listing in the Iris Stock Exchange (ISE) to fund the clinical trials for its product in the US and Europe next year.
Mountain View, US-based search giant Google will shell out $207.7 million (€150 million) to expand its data center in Dublin Ireland to beef up its revenue generation through its cloud services.
Irish high-profile investor Michael Smurfit is set to take part in a €750,000 investment to be poured into Dublin, Ireland-based farm tech startup Moocall to alert farmers of calf birth to help them sleep better at night.
Belfast, Ireland-based alcoholic beverage firm C&C will shell out £1.2 million to expand in Belfast and open a new commercial business support center, creating an additional 25 jobs in the region.
Takamatsu-shi, Japan-based cranes and aerial work platforms manufacturer Tadano Ltd completed its acquisition of its Yorkshire, UK-based distributor Cranes UK for an undisclosed amount to continue its market expansion.
Belfast, Ireland-based home-brewing firm Cargo bagged £82,000 in funding from Invest North Ireland (NI) for the development and marketing of its smartphone-controlled beer-making robot Brewbot.
Ireland-based same-day hotel booking startup Hot Hotels bagged $1 million (€730,000) in funding from private investors and accelerator funds to fuel its expansion into Europe and South America.
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