Andrew Fanning

Andrew Fanning

Eir to raise €850m through refinancing

Eir to raise €850m through refinancing

A note from ratings agency Standard & Poor’s indicated that Eir would use some of the funds to pay €300m of dividends to shareholders

'No more surprises': Sport Ireland to audit FAI

'No more surprises': Sport Ireland to audit FAI

It has emerged that the Companies Registration Office received a report from auditors Deloitte saying that the FAI’s accounts were not being properly kept

Kingspan makes €700m offer in latest European push

Kingspan makes €700m offer in latest European push

The Cavan-based company has been expanding into Europe and the Americas in recent years, reducing its reliance on the Irish and British markets

Link carbon tax to emissions targets, urges IEA

Link carbon tax to emissions targets, urges IEA

The energy body has warned that Ireland’s overall energy system remains heavily reliant on fossil fuels, and is on course to miss carbon emissions reduction targets for 2020 'by a large margin'

PTSB chief won't rule out more loan sales

PTSB chief won't rule out more loan sales

Chief executive Jeremy Masding told an Oireachtas committee his bank’s level of non-performing loans was still too high at 10 per cent and needed to come down further

Sport Ireland halts funding to FAI

Sport Ireland halts funding to FAI

The decision came after an acknowledgement from the association that it did not comply with one of Sport Ireland’s terms and conditions for the approval of grants

Delaney will appear at Oireachtas committee

Delaney will appear at Oireachtas committee

A statement from FAI president Donal Conway has said recent comments made by the association 'did not accurately reflect the board’s level of awareness of the existence of the €100,000 issue in 2017'

Debenhams rejects latest Ashley proposal

Debenhams rejects latest Ashley proposal

The chief executive of Sports Direct International had offered to underwrite the issuance of £150 million in new shares, conditional on his being named CEO of the department store chain

Brexit not the only worry, says Central Bank

Brexit not the only worry, says Central Bank

In its latest quarterly bulletin, the bank expects GDP to grow by 4.2 per cent this year and 3.6 per cent in 2020, with the 2019 forecast slightly lowered from its last bulletin

Service sector still growing, but Brexit knocks confidence

Service sector still growing, but Brexit knocks confidence

Though the sector continued to grow strongly in March, the pace of growth has slowed in the early months of 2019, while confidence has taken a hit from Brexit uncertainty

March boost lifts tax take ahead of target

March boost lifts tax take ahead of target

As spending was slightly less than expected, this meant the Exchequer deficit for the period was just over €400m smaller than projected at €966m

Doherty defends 'no sale, no consent' bill

Doherty defends 'no sale, no consent' bill

Officials from the Department of Finance and the Central Bank expressed concerns about the bill, which aims to restrict the activities of vulture funds, at a meeting of the Oireachtas finance committee

Financial sector's big gender imbalance lingers

Financial sector's big gender imbalance lingers

A Central Bank report, being published on International Women’s Day, shows a 'small improvement' in the proportion of applications from women for key financial posts

Supreme Court dismisses O'Brien appeal on Dáil statements

Supreme Court dismisses O'Brien appeal on Dáil statements

O’Brien was appealing a High Court ruling in a case he had taken against the Dáil’s Committee on Procedures and Privileges

Business surveys signal 'impressive' start to 2019

Business surveys signal 'impressive' start to 2019

Companies in the service sector reported that growth in new orders picked up pace in February, but Brexit worries affected sentiment