Bank of Ireland announced that Gavin Kelly will be appointed as interim group chief executive officer and executive director with effect from September 3, 2022….

The European Investment Bank (EIB) announced it is supporting the research and development of Germany’s fourth-largest automotive supplier Mahle with a loan of €300 million to…

German’s Adidas AG announced unexpectedly that its CEO Kasper Rorsted will leave his post next year — before his contract is due to run out —…

Credit Suisse Group has announced the appointments of Dixit Joshi as chief financial officer and Francesca McDonagh as group chief operating officer, with both joining…

Norway’s $1.3 trillion sovereign wealth fund — the world’s largest — has reported its biggest loss on record amid a market it described as “characterised by…

The value of Ireland’s goods exports for six months to June 2022 increased by €24.7 billion or 31% to €105.6 billion when compared with the…

Assets under management in the European fund industry fell about 13% in the first half of 2022 from €15.3 trillion to €13.3 trillion amid the…

About 54% of Irish firms were impacted by an “increased regulatory burden” in 2020 due to Brexit, according to a report from the Central Statistics Office…

A total of 122 deals were recorded in the Irish mergers and acquisitions (M&A) market in the first six months of 2022 — a drop…

Ireland recorded its highest ever trade value of €842 billion in 2021, according to the Irish government’s Trade and Investment Report for last year. Growth in…

Irish household deposits with banks and credit unions stood at €144 billion at the of May 2022, 30% higher than at the onset of the pandemic,…

Volkswagen AG announced it has appointed Porsche boss Oliver Blume to replace Herbert Diess as Volkswagen CEO in a surprise shake-up. The departure of Diess,…

The European Central Bank (ECB) has raised interest rates by half a percentage point in its first increase for 11 years. The ECB had said…

The European Commission on Friday approved a €5.4 billion hydrogen project jointly funded by 15 EU countries and 35 companies including Alstom and Daimler Truck….

Japan’s former prime minister Shinzo Abe, the country’s longest-serving leader, died on Friday after being shot while campaigning for a parliamentary election. Abe, who is…

By Mark McSherry — The net debt of companies around the world fell 1.9% to $8.15 trillion in 2021-22, a reduction of 0.2% on a constant-currency…

M&G plc, the international savings and investments business, announced it has acquired a 41% stake in Finance Ireland, Ireland’s largest non-bank lender. The investment is on behalf…

The European Central Bank (ECB) announced it is planning to gradually revamp its €344 billion corporate debt portfolio to favour greener firms. The ECB said…

The European Central Bank (ECB) is discussing ways to stop big banks earning billions of euros of extra profit from the cheap lending scheme it…

Record energy prices drove the inflation rate for the countries using the Euro currency to a record 8.6% in the year through June. “Euro area…

Foreign direct investment (FDI) in Ireland rose €16.9 billion to a record €1.126 trillion in 2020, according to Ireland’s Central Statistics Office (CSO). The CSO…

Eurogroup president Paschal Donohoe has said the eurozone has the “ability to navigate through the changes that are taking place” amid widespread market volatility and denied…

Banco Santander announced that Héctor Grisi, currently CEO of Santander Mexico and head of North America, will become group chief executive officer (CEO), effective January…

The US Federal Reserve on Wednesday raised interest rates by 0.75% in the biggest increase since 1994, and chair Jerome Powell signaled another big move…

The European Central Bank (ECB) moved on Wednesday to address fears that the eurozone is on the brink of another debt crisis. Government borrowing costs…

The euro remains the second most widely used currency globally after the US dollar, according to the annual review of the international role of the euro published…

Global shares edged mainly higher on Tuesday and Wall Street seemed set for a stronger open after Monday’s sell-off confirmed a bear market for the US…

The European Central Bank on Thursday signaled an end to its bond-buying stimulus program and said it would deliver its first interest rate hike since…

The multinational-dominated sectors of Ireland’s economy helped drive gross domestic product (GDP) up 10.8% to €115.5 billion in the first quarter of 2022, according to…

Tax receipts in Ireland rose 27% to €30.1 billion in the five months to the end of May, according to the latest exchequer returns from…

AIB Group plc confirmed that Allied Irish Banks plc entered into a binding agreement with NatWest Group and Ulster Bank Ireland DAC for the acquisition…

The Eurozone’s annual inflation rose to a record high of 8.1% in May, up from 7.4% in April, according to a flash estimate from Eurostat, the statistical…

The Central Bank of Ireland has published its 2021 annual report and annual performance statement, showing it made a financial profit of €1.32 billion, with…

The Czech Republic has joined the list of countries that are covered by the European Bank for Reconstruction and Development (EBRD)’s equity research programme for…

The European Central Bank has warned that crypto-assets “will pose a risk to financial stability” if the present trajectory of growth continues “and if financial institutions…

German life sciences and technology giant Merck announced it is expanding its membrane and filtration manufacturing capabilities in Ireland. The company will invest €440 million…

EirGrid has welcomed the decision by An Bord Pleanála to grant approval for the €1bn Celtic Interconnector Project, subject to a number of conditions. The…

The European Central Bank (ECB) has warned that too many international investment banks continue to serve euro zone clients out of London and that the…

Global debt increased by $3.3 trillion to a new record high of over $305 trillion in the first quarter (Q1) of 2022, according to the…

The European Commission on Wednesday launched a €210 billion draft plan for how Europe can end its reliance on Russian fossil fuels by 2027. Russia…