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Peter O'Dwyer

@peter-odwyer
Business Correspondent
Aviation

Italian competition authority accuses Ryanair of leveraging ‘dominant’ market position as it launches new probe

The Italian authorities said they suspected Ryanair of exploiting its dominant position "to extend its power" in other sectors such as hotels and car rentals
  • Peter O'Dwyer
  • September 20, 2023
Commercial Property

Laurence Goodman jnr snaps up Dublin office development at cut price

The city centre building is fully let to the Office of Public Works with Revenue among its existing tenants
  • Peter O'Dwyer
  • September 20, 2023

Simply Better
Back to School

Delicious recipes by Neven Maguire

Commercial Property

Paddy McKillen jnr and Matt Ryan get go-ahead for South Dublin wellness centre

Plans for the site were initially rejected by An Bord Pleanála in November 2020 but have now been green-lighted by the appeals board
  • Peter O'Dwyer
  • September 20, 2023
Banking

European bank resolution chief Laboureix warns Irish lenders further progress needed on crisis plans

Laboureix said his agency was “comfortable with the Irish banks” in terms of the progress they’d made but added that it didn’t mean “it’s the end of the journey”
  • Peter O'Dwyer
  • September 20, 2023
Economy

Period of huge corporation tax increases likely over, Michael McGrath warns

Figures published last week showed that corporation tax was down by €1 billion in August, compared to the same month last year
  • Peter O'Dwyer
  • September 13, 2023
Oil

Tullow Oil hits ‘inflection point’ as profits plummet to $70m

Rahul Dhir, the chief executive at Tullow Oil, said the company was at an “important inflection point” in the evolution of the firm’s business plan
  • Peter O'Dwyer
  • September 13, 2023
M&A

Smurfit Kappa share price slumps as investors digest mega-merger with WestRock

Shareholders of WestRock will receive the equivalent of $43.51 a share in cash and stock.
  • Peter O'Dwyer
  • September 12, 2023
Banking

Bank of Ireland lures London banker John Feeney to lead real estate and project finance teams

Feeney previously held senior roles in Lloyds Banking Group, Henderson Global Investors and Bank of America Merrill Lynch.
  • Peter O'Dwyer
  • September 6, 2023

Bakhurst: Ryan Tubridy needed to take some responsibility for RTÉ payments saga

A “core agreement” had been in place for Tubridy’s return to RTÉ prior to the presenter’s statement on Wednesday
  • Peter O'Dwyer
  • August 17, 2023

Catherine Martin urges RTÉ to restore public trust following confirmation Tubridy won’t return to airwaves

Kevin Bakhurst, the director general at RTÉ, told staff at the broadcaster on Thursday evening that there were “no plans” for Tubridy’s return following a breakdown in trust
  • Peter O'Dwyer
  • August 17, 2023
Gambling

Observers not betting on a good outcome for US gambling liberalisation

With sports betting legal in the US since 2018, there are winners such as FanDuel, the US arm of Irish betting giant Flutter. But there are fears that the lax regulatory environment could lead to addiction problems on the scale of the opioid crisis
  • Peter O'Dwyer
  • December 31, 2022
The Big Interview

‘Credit unions are awash with cash, there is a huge opportunity’ – Alan Kelly

Alan Kelly, chief executive of Metamo, a joint venture between Fexco and 16 of the country’s largest credit unions, is optimistic that collective expertise and strength will allow the credit union sector to ‘seize the moment’ as banks make their exit
  • Peter O'Dwyer
  • December 28, 2022
Banking

Government report proposed €3m salary cap for bankers

The Korn Ferry report, commissioned by Paschal Donohoe in 2018, recommended higher salaries, bonuses of up to €20,000 and the reinstatement of a range of staff benefits and incentive awards
  • Peter O'Dwyer
  • December 24, 2022
Legal

Competition watchdog warned after refusing access to motor insurance records

Competition and Consumer Protection Commission reminded of its responsibilities of disclosure under Freedom of Information
  • Peter O'Dwyer
  • December 21, 2022
Property

Irish holiday home buyers in France win review of alleged scam

French watchdog’s reports means fines could be levied against the bodies that allegedly missold the French leaseback properties to 150 Irish buyers
  • Peter O'Dwyer
  • December 20, 2022
Energy

AIB invests €8.5m in solar energy firm BNRG to fund new projects

AIB would have the option of converting the loan to equity if the Irish company goes to the market to raise funding
  • Peter O'Dwyer
  • December 20, 2022
Economics

OECD tells Central Bank easing home loan rules risks pushing prices higher

European think tank says move implemented in October could destabilise economy
  • Peter O'Dwyer
  • December 18, 2022
Construction

Circle in talks with AIB to deliver large-scale social housing project

Direct-build plan for 600 homes in Dublin and adjacent counties represents a shift away from the developer-led model
  • Peter O'Dwyer
  • December 17, 2022
Banking

State reviews bank reporting requirements dating from 2008

Exercise aims to axe duplicated and outdated reporting obligations in light of changes in EU legislation since financial crash
  • Peter O'Dwyer
  • December 11, 2022
Tech

Irish Twitter boss emailed Enterprise department over job cuts

Sinéad McSweeney offered to update officials over concerns for staff after Musk takeover of social media giant
  • Peter O'Dwyerand
  • Cónal Thomas
  • December 11, 2022

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