Shares in Irish-based building insulation specialist Kingspan fell as much as 6% on the back of its plans to slash workers’ salaries and scrap its shareholder dividend in a bid to maintain financial discipline as the fallout from the spread of the Covid-19 virus continues.

Two of Ireland’s largest publicly quoted companies — Kerry Group and Kingspan — have made significant investments to boost their respective operations in the US and UK.

The building industry here has the capacity to expand housing output by 30% a year over the next few years, without causing huge strain, the chief executive of Kingspan has said.

Building insulation specialist Kingspan will need to spend around €1bn on acquisitions over the next two years in order to maintain share price momentum, according to Davy.

A prime example of a local enterprise with a global reach is Fexco, based in Killorglin, Co Kerry.

Cavan crunched the numbers at an electrified Kingspan Breffni to breathe new life into Mickey Graham’s reign as manager.

Global shares and the price of oil dropped amid growing concern that a virus spreading from China could curb global growth.

Small margins separate a very good season from a title-winning one and Alan O’Connor says Ulster have identified three areas where they need to add an extra one per cent in order to get over the line in big games.

From a wolf mural on the wall to a new “fortress feeling”, Ulster are feeling fairly unbeatable at home these days.

Irish shares surged after Boris Johnson secured a resounding election victory in the UK, as banks, property, travel firms, and hoteliers tapped into the sharp climb in the value of sterling.

As he prepares to lead Ulster out at home for the first time since taking over as captain, Iain Henderson has a vision of what he wants.

The competition in Ulster’s back three means a shiny new three-year contract guarantees Rob Lyttle nothing — but he is more than willing to fight for every chance he can get.

The improvement in Ulster’s away form in Europe last season under Dan McFarland is something the head coach wants to see maintained and, if possible, bettered as they head into the unknown.

Belgian company Recticel, part of which Cavan-based building insulation group Kingspan tried to buy for €700m earlier this year, has issued a profit warning, sending its shares tumbling by nearly 6%.

Building insulation specialist Kingspan has agreed a £37.5m (€42m) aquisition in the UK despite Brexit uncertainty leading to a slowdown in that market.

Growth in UK-exposed Irish stocks slowed yesterday and sterling was unmoved against the euro, after two days of rises, amid warnings that the chance of a no-deal Brexit occurring at the end of next month remains significant.

UK-exposed Irish shares rose for a second day on lingering hopes of an avoidance of a crash-out, no-deal Brexit.

Irish shares and Government bond yields fell today as a political manoeuvre by UK prime minister Boris Johnson was seen as boosting the chances of a crash-out Brexit at Halloween and an early British election.

Building insulation specialist Kingspan is hopeful of making further acquisitions before the end of the year to boost its international scale and help mitigate a slowdown in markets like the UK and Germany.

The Irish Stock Exchange has been on an interesting journey during 2019, writes Joe Gill.

The scenes on Sunday evening in Portrush, Clara and pretty much everywhere across the country following his emphatic Open Championship victory confirmed Shane Lowry’s status as one of Ireland’s most popular sports stars.