Petroceltic ran out of funds after it was unable to raise cash on the bond markets late last year. It has also been unable to raise fresh equity due to the blocking stake held by Worldview

Worldview Capital, an activist fund based in the Cayman Islands that owns a 29 per cent stake in Dublin-based exploration company Petroceltic Interna(...)

Petroceltic chief executive, Brian O’Cathain

Dublin and London-listed exploration company Petroceltic, which last week put itself up for sale has transferred its rights to a licence it part-owns (...)

Catherine Murphy outside the Dail last month. File photograph: Alan Betson / The Irish Times

In April, Independent TD Catherine Murphy called on the Government to order a full independent inquiry into a number of IBRC transactions, including t(...)

Michael Noonan: Told Catherine Murphy that Davy wrote to the department to confirm that Mr Carville had only advised Siteserv

Des Carville, the Davy adviser to Siteserv who co-ordinated its 2012 sale to a company controlled by Denis O’Brien, previously helped the prominent st(...)

The new group of investors i includes the chain’s management and private investors such as Emmet O’Neill, a nephew of Denis O’Brien. Photograph: Cyril Byrne

Denis O’Brien, the Digicel founder and Independent News & Media shareholder, has sold the BB’s Coffee & Muffins chain to a group of investors(...)

Catherine Murphy, Independent  TD for Kildare North.

Statement by Siteserv Holdings Limited in response to recent media reports Siteserv Holdings Limited is disappointed that Catherine Murphy T.D.(...)

The Central Bank Commission reportedly prefers the option of a 15 per cent mortgage deposit, rising by one per cent each year over the next five years. Photograph: Matt Kavanagh

The Central Bank is considering a five-year run-in for its new 20 per cent mortgage deposit rule, according to the Sunday Independent. The Central (...)

The demutualisation of stock exchanges is a trend which has seen other exchanges, including Toronto, Hong Kong and London, restructure in recent decades. Photograph: Dara Mac Dónaill

It has been years in discussion, but this morning the Irish Stock Exchange finally announced that it has demutualised, changing its corporate s(...)

Michael Noonan: said biggest payout by the department was €1.72 million to Arthur Cox. Photograph: Scott Eells/Bloomberg

Legal and consultancy firms were the largest beneficiaries of the €7.6 million paid out last year by the Government’s two public finance departments.N(...)

Legal firm A&L Goodbody has lost two big advisory contracts over a “conflict of interest” connected with the lottery licence competition.The firm (...)