Shareholders in Irish Ferries-owner Irish Continental Group (ICG) have unanimously backed under-fire chairman John B. McGuckian and supported the group's executive pay policy.

Sterling tumbled as Theresa May set down a timetable for her departure and setting up a leadership contest that may elect a hard line Brexiteer and increase the risk of Britain crashing out of the EU.

Transport Minister Shane Ross has held "frank" crisis talks with the chief executive of Irish Ferries' parent company in a bid to prevent the closure of the Rosslare to Cherbourg route next spring.

The draft agreement between the UK and the EU is not a “bad deal” for the UK. People who say it is a bad deal are only dividing a nation. We must not let them divide our island of Ireland, writes Darren McKinley.

Brightening prospects of what looked like, even a week ago, an unlikely Brexit breakthrough will be the key focus of Irish exporters, foreign exchange traders, and the Dublin and London stock markets this week.

The owner of Irish Ferries has said the economic outlook and its own earnings potential remain buoyant despite Brexit uncertainties, writes Geoff Percival

The return of duty-free shopping between Ireland and the UK would be a silver lining in the aftermath of Brexit, says the managing director of Cork Airport.

Irish Ferries owner Irish Continental Group (ICG) has said its €315m investment in two new ferries will equip it for further growth and is a sign of confidence in the Irish Sea and French passenger markets.

As we look back at 2017, Brexit and Trump are two words that came to define many of the year’s headlines, says John Daly

Irish Ferries has asked the public to name its new ferry, with the promise of free travel for life for the winner of the competition.

Irish Ferries has asked the public to name its new ferry, with the promise of free travel for life for the winner of the competition.

Shares in Irish Continental Group (ICG), the owner of Irish Ferries, fell by over 2% yesterday, despite it reporting strong first-half figures and saying bookings have recovered since an initial Brexit hit.

Irish Continental Group’s share price recovery continued yesterday with a near 3% gain on the back of the Irish Ferries owner announcing a €144m deal for its first newly built vessel in 15 years.

Irish Ferries is to get a new cruise ferry for €144m.

The debate over whether the UK will exit the EU has switched dramatically to the potential gains for some Irish shareholders and most Irish exporters should the so-called ‘Bremain’ side win the looming UK vote on EU membership on June 23.

Irish Continental Group (ICG) chief executive Eamonn Rothwell said yesterday he would be “wasting time” by planning for a possible Brexit and any implications which “might” arise.

Investors in the Irish stock market should favour Irish firms that have less exposure to the UK — until the outcome of the British referendum on membership of the EU is known, Merrion Capital has said in a major report.

Ferry and freight services business Irish Continental Group (ICG) expects to see continued earnings and revenue growth this year on the back of low fuel prices, but will also see revenues suffer slightly due to the current weakening in sterling.

Ferry and freight services business Irish Continental Group (ICG) is expected to be debt free by the end of 2016.

One51 — the investment firm which is owned by, among others, 50 agricultural co-ops around the country — has received an approach from private equity fund CapVest of €1.80 per share, it has been confirmed.

Ferries and freight business Irish Continental Group (ICG) has reported a strong start to the year, with revenues up by over 7% for the first four months of the year, on an annualised basis.

Ferries and freight business Irish Continental Group (ICG) is anticipating further strong revenue and earnings growth this year, largely thanks to lower oil prices, after reporting a strong showing for 2014.

Irish Continental Group has reported a 10.3% year-on-year increase in revenues for the third quarter of 2014, its most important period of the year.

Irish Ferries owner Irish Continental Group saw profits fall significantly in the opening six months of the year despite an increase in revenues.

Irish Continental Group (ICG) has seen an 18% rise in its freight market.

The Competition Authority has called for a major overhaul of lease management at Dublin Port as part of recommendations aimed at improving competitiveness in the Irish ports sector.

Ryanair is to return up to €1bn to shareholders over the coming two years, via two separate share buy-back programmes or a special dividend payout.

Irish stocks are climbing three times faster than equities in Spain, Italy, Greece and Portugal as the nation looks to become the first country to exit a EU-led bailout.

Irish Ferries’ owner Irish Continental Group (ICG) said it will continue its policy of not hedging on fuel costs; adding that if it had done so at the turn of this year, it would already have lost around €4m on the back of falling oil prices.

Irish Continental Group’s (ICG) revenue was €72m for the first four months of the year compared with €70.4m for the same period last year, although operating costs were 1.1% higher at €67.3m.

European markets continued to rally on the back of positive sentiment on the strength of the German economy.

Irish shares closed in positive territory once again as European markets await confirmation that Spain will formally seek a bailout.

The Iseq Index lost ground yesterday after finishing the previous week strongly as world markets responded well to aggressive moves by the US Federal Reserve to tackle unemployment.

Irish Continental Group’s share price jumped by over 9% yesterday on the back of management proposing a return of up to €111.5m to shareholders via its latest share buyback move.

The Iseq Index continued to fall a further 14.6 points to 3148.4 as German leaders provided little in the way of support for extending Greece’s time to implement its reforms, while also throwing some doubt on its support of a deal for Ireland in relation to its banking debt.

International stock markets rebounded yesterday after Italy ended a successful bond auction, despite suffering a two- notch credit downgrade by ratings agency Moody’s.

The head of Irish Ferries has said that initial sales indications for the summer months have been “reassuringly positive”, adding that the company could also survive a collapse of the euro currency.

Market analysts have remained relatively upbeat over the prospects for ferry operator/freight business, Irish Continental Group (ICG) — which holds its annual general meeting on Wednesday.

Irish Ferries owner Irish Continental Group has warned of the effect of rising fuel costs on its balance sheet but remains “confident” about its prospects.

The Iseq index rebounded yesterday to close up 88.88 points at 3,237.51 in line with European and world markets.

Irish Continental Group (ICG) has today announced that operating profit in 2011 down 8.3% to €28.9m compared to €31.5m in 2010.