Eircom ran into a wall with institutional investors as its highly paid advisers Goldman Sachs, Rothschild and JP Morgan quietly sounded them out regarding an IPO. Photograph: Eric Luke

Common sense appears to have prevailed at Eircom, with the scrapping yesterday of its flotation plans. When it first announced back in April th(...)

A new National Security Agency (NSA) data gathering facility is seen under construction in Bluffdale, about 40 kms south of Salt Lake City, Utah. Photograph:  Jimmy Urquhart/ Reuters)

IIU, the private equity firm led by financier Dermot Desmond, has invested in Vahna, a cyber-security firm. The United States company is led by Brenda(...)

The latest proposal for resolving the Aer Lingus pension dispute involves a contribution of €191 million from the airline and €73 million from the Dublin Airport Authority  to a new fund that will replace the Irish Aviation Superannuation Scheme. Photograph: Matt Kavanagh

Hopes are growing that a solution to the row over pensions at Aer Lingus and the Dublin Airport Authority (DAA) has moved a step closer, with the a(...)

The Apple Watch hype has been remarkable, given the device’s obvious shortcomings. Do people need or want a phone on their wrist? Why bother, when sma(...)

 Nick Corcoran (left) and Nigel McDermott of Cardinal Capital in Residence on Stephen’s Green, Dublin 2. Photograph: Clodagh Kilcoyne

The spectacular Gherkin building is the perfect place to look out on London’s financial world, from the City’s investment banks directly below it to M(...)

The Moran and Bewley’s Group, with 10 hotels in Ireland and the UK, will record revenues of more than €100 million this year and earnings before interest, tax, depreciation and amortisation of over €32 million.

Six offers have been received for the Moran and Bewley’s Hotel Group, run by Limerick businessman Tom Moran and his family. All bids are above €400 mi(...)

Jean-Claude Juncker gives a press conference to announce the attribution of portfolios of European Commissioners-designate at EU commission headquaters in Brussels. Photograph: Olivier Hoslet

European Commission President-elect Jean-Claude Juncker has unveiled the European Union executive for the 2014-2019 period. The team, which mus(...)

RBS said last year it would sell 20-25 per cent of Citizens Financial Group by the end of 2014 through a US IPO as the bank faces pressure from British regulators to bolster its capital and sell off non-core assets. Photograph: Reuters/Toby Melville

Citizens Financial Group, the US unit of Britain’s Royal Bank of Scotland, said its initial public offering was expected to raise as much as $3.5 bill(...)

The pound slid the most in 14 months this morning ahead of the referendum on Scottish independence which will take place on September 18th, when Scotland will vote whether or not to end the 307-year-old union with the rest of the United Kingdom. Photograph: Russell Cheyne/Reuters

The pound slid the most in 14 months and UK stocks and bonds dropped after a poll showed a majority of voters in favor of Scottish independence. The B(...)

The BoE said on Thursday it was keeping its stock of assets amassed under its quantitative easing programme at £375 billion

The Bank of England kept interest rates on hold on Thursday as Britain’s economy continued to thrive, although risks to the recovery both at home and(...)