- McKillen ‘puts hotels out of Barclays’ reach’
The multi-million-euro battle for control of three of London's most prestigious hotels pitting Irish businessman Patrick McKillen against billionaire brothers David and Frederick Barclay has finally been resolved.
- AIB to return to the black next year with sale or part sale
AIB will return to profitability for the first time in five years this year with a potential sale or part sale of the bank possible from the first half of next year onwards, according to chief executive David Duffy.
- Bank set to start repaying €20bn to Government from early next year
AIB will be in a position to start repaying the State's €20bn investment in the lender from the first half of next year onwards, according to chief executive David Duffy.
- Hobbs turns his fire on oil industry with campaign to maximise returns
Eddie Hobbs has picked his latest target, the oil industry, and is planning on putting a movement together to try and change Ireland's attitude to offshore oil and gas.
- Cork is a business hub waiting to be realised
Over recent weeks San Francisco has been experiencing something that may have resonance for Ireland, and in particular Cork.
- Mobile operator to assist rivals
Hutchison Whampoa has offered to give network access to several virtual network operators in a bid to win EU approval to buy Telefonica's Irish unit, according to sources.
- No clear route for merger to create third banking
The speculated Ulster Bank/Permanent TSB merger that would create a third banking force in the domestic market faces many challenges before it becomes a realistic proposition.
- Banks’ vulnerability highlighted by EU
The vulnerability of the country's banking sector was central to the European Commission's macroeconomic report on the economy, warning that there was some uncertainty on the outcome of forward stress tests and the need to tackle tracker mortgages.
- Power lines debate must be properly decided
An overwhelming 70% of voters want the Government to abandon its plans to erect giant pylons across the country, a survey reported last weekend revealed.
- NTMA considers partial redemption of €10bn bond
The NTMA is considering the partial redemption, sometime this year, of a €10bn bond due for repayment in 2016.