Category: Syndicated

Long-term renters should look at ways in which they can financially protect themselves, similar to mortgage holders, a leading insurance company has said. With rents across the country now 8pc higher on average than their Celtic Tiger peak in 2008, Royal London has urged renters to consider protection against illness and death. In Dublin, rents […]

Ardagh Group S.A. has noted the US jury verdict received on April 21, 2017 in connection with one of two asserted patents alleged by Green Mountain LLC to have been infringed by Ardagh’s US glass business (formerly called Verallia North America ‘VNA’). Ardagh disagrees with the decision of the jury both as to liability and […]

Irish med tech firm Diaceutics has announced a five-year multi-million euro partnership with US-based BioReference Laboratories. The partnership will see Diaceutics acquire real-time testing data from BioReference, allowing it to help pharmaceutical companies achieve faster rollouts of new drugs through a better understanding of the US diagnostics market. “Diagnostic data from laboratories like BioReference helps […]

Gains from corporate tax receipts should be ring-fenced for much-needed capital investment, rather than built into the base of current spending, the country’s biggest business body has argued. Ibec, in its submission to a Government review of the corporate tax code, claimed that building gains into current Government spending will leave the State vulnerable to […]

If the banks don’t have the capability or the appetite to finance enough houses, what other options are out there? Insurance broker JLT has been lobbying the Central Bank for some time for the introduction of a mortgage indemnity scheme, which would see insurance companies like JLT take on a portion of the risk on […]

TAOISEACH Enda Kenny is today meeting with the prime ministers of the Netherlands and Denmark, two of the other EU countries expected to be worst hit by the impact of Brexit. Mr Kenny will discuss the strategy for the upcoming talks on Britain leaving the EU with Dutch leader Mark Rutte and Danish prime minister […]

Financial firms looking to relocate due to Brexit must demonstrate that local management will be accountable for decision-making and that operations can be effectively supervised, the Central Bank has said. The regulator reiterated its desire for “real financial services” adding that it was actively engaging with all firms that have expressed an interest in moving […]

The average age at which people buy their first home has rocketed to 35, with thousands of families trapped in unsuitable accommodation. A report from the Central Statistics Office (CSO) shows the age at which most people own their home has increased by seven years since 2006, with renting the most common form of housing […]

AIB has appointed Deirdre Hannigan as its new chief risk officer. Ms Hannigan, pictured, has worked with GE, Rabobank, Bank of Ireland and most recently as chief risk officer of the National Treasury Management Agency. She is a fellow of the Association of Chartered Certified Accountants and the Institute of Bankers as well as an […]

A funding platform that’s a joint venture between the Ireland Strategic Investment Fund (ISIF) and US-based Quadrant Real Estate has contributed to loan facilities totalling €238.4m used to bankroll the construction of four office developments here, according to accounts filed for the venture. Qrea Financing said that the commitments have been made since June last […]