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UBS sells $8 billion of Credit Suisse assets to Apollo

Wed, 03/27/2024 - 08:04
UBS has sealed the sale of the securitised products business of Credit Suisse to Apollo Global Management, as part of efforts to wind down non-core assets after its takeover of the collapsed banking giant.

Britain's Vanquis bank 'resets' business after 2023 loss

Wed, 03/27/2024 - 07:56
Vanquis Banking Group said today it was resetting its business, highlighting the challenges faced by Britain's smaller banks, after reporting a £4.4m loss before tax for 2023.

Farmers face 'extremely stressful time' over bad weather

Wed, 03/27/2024 - 07:42
Ongoing bad weather is creating huge problems for farmers this spring, with fields too wet for planting or taking livestock.

Farmers face 'extremely stressful time' over bad weather

Wed, 03/27/2024 - 07:42
Ongoing bad weather is creating huge problems for farmers this spring, with fields too wet for planting or taking livestock.

Ór-Real Irish Butter adds 2 new products as sales up 93%

Wed, 03/27/2024 - 07:37
Ór-Real Irish Butter said it is expanding its range of products as its sales continue to grow.

H&M's Q1 operating profit rises more than expected

Wed, 03/27/2024 - 07:26
H&M, the world's second-biggest listed fashion retailer, has today reported a larger than expected operating profit for the December-February period.

Italy further cuts Monte dei Paschi stake, raises €650m

Wed, 03/27/2024 - 07:16
Italy has sold a further 12.5% stake in bailed-out lender Monte dei Paschi di Siena, pocketing €650m and advancing plans to re-privatise the world's oldest bank after a failed first attempt in 2021.

Bill to introduce pension auto-enrolment to go to Cabinet

Wed, 03/27/2024 - 07:00
The Minister for Social Protection will seek Cabinet approval today for draft legislation designed to set up the new pension auto-enrolment system.

Trust around cybersecurity a key issue for firms - survey

Wed, 03/27/2024 - 07:00
One-in-three executives think that the chief information security officer (CISO) in their organisation is making the situation around cybersecurity risk sound better than it is, new research has found.

Record levels of first-time mortgages approved in Feb

Wed, 03/27/2024 - 05:00
Mortgage approvals for first-time buyers hit a record annualised high in February.

Complaints to Financial Ombudsman hit record high in 2023

Wed, 03/27/2024 - 05:00
The number of complaints lodged with the Financial Services and Pensions Ombudsman last year hit a record high.

Incomes to resume growing as inflation falls - ESRI

Wed, 03/27/2024 - 05:00
The ESRI has upgraded its outlook for economic growth this year, amid falling inflation, an expected normalisation of exports and moderate expansion of the domestic economy.

Dublin Airport warns car parks will be full this weekend

Tue, 03/26/2024 - 19:27
Dublin Airport operator, daa, has warned passengers using the airport over the busy Easter weekend that its car parks are going to be fu

Clashes in Brussels as member states agree CAP review

Tue, 03/26/2024 - 19:03
EU member states have agreed to get rid of more eco-friendly requirements under the bloc's Common Agricultural Policy in a new bid to pacify months-long protests by farmers - who faced off with riot police in Brussels for the third time in two months.

Stellantis signs exit deal for up to 1,500 Turin workers

Tue, 03/26/2024 - 14:58
Stellantis has signed a voluntary deal with unions to cut up to about 1,500 jobs in the Italian city of Turin, the automaker and unions said today.

Mastercard, Visa reach $30 billion settlement over fees

Tue, 03/26/2024 - 14:42
Visa and Mastercard today reached an estimated $30 billion settlement to limit credit and debit card fees for merchants, with some savings likely to be passed on to consumers through lower prices.

Insurance firm ordered to pay salesman docked salary

Tue, 03/26/2024 - 14:17
An insurance company which deducted a salesman's entire monthly wages from his last pay packet in what they said was a bid to claw back bonus payments owed to them has been ordered to pay back the money.

Trump's media company shares surge in Nasdaq debut

Tue, 03/26/2024 - 14:07
Shares of Trump Media & Technology Group surged more than 45% today in their debut on the Nasdaq that comes more than two years since its merger with a blank-check firm was announced.

888 to change its name as new CEO lays out strategy

Tue, 03/26/2024 - 12:37
888 Holdings said today it plans to change its name to evoke plc, to reflect its multi-brand model, nearly two years after the British bookmaker bought William Hill's non-US assets.

At least 10 ships bound for Baltimore drop anchor

Tue, 03/26/2024 - 12:29
At least 10 commercial ships that were sailing to the US port of Baltimore have dropped anchor in waters nearby, data from ship tracking and maritime analytics provider MarineTraffic showed today.

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