Dermot Desmond

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UK prime minister Theresa May speaking to the house after losing a  second meaningful vote on her deal

There was said to be disbelief in many European capitals this week as UK prime minister Theresa May was comprehensively defeated in another key vote i(...)

Shareholders in Cuisine de France owner Aryzta will, for now, accept steadiness. Photograph: Nick Bradshaw

Long-suffering investors in Aryzta could be forgiven for growing tired of peering through the greasy oven window for signs of life in the baked goods (...)

Hands across the water: Taoiseach Leo Varadkar meets US president Donald Trump in the Oval Office of the White House, Thursday. Photograph: Reuters/Jim Young

The one-man brand and US president, Donald Trump, considers himself to be one of the world’s truly great marketers. He has a point. Think of all the n(...)

Glanbia, which traded ex-divided, closed at €18.82, down 0.5 per cent.

European shares rose to a five-month high, boosted by strength in the banking sector after Britain’s parliament voted to reject a disorderly Brexit. (...)

Dermot Desmond’s IIU now holds  29.9 per cent of Datalex.  Photograph: Dara Mac Dónaill

Billionaire Dermot Desmond will charge Datalex a 10 per cent annual rate of interest for a €6.14 million loan he is set to give the troubled Dublin-li(...)

Britain’s prime minister Theresa May in the House of Commons on Wednesday. Photograph: Reuters

Irish shares and the wider European market advanced on Wednesday as investors bet UK parliamentarians would reject a chaotic no-deal Brexit some 24 ho(...)

Sterling trimmed its losses in a volatile session on Tuesday evening after UK parliamentarians voted down Theresa May’s tweaked Brexit deal

Sterling trimmed its losses in a volatile session on Tuesday evening after UK parliamentarians voted down Theresa May’s tweaked Brexit deal, prompting(...)

Airline shares were in the spotlight after the Boeing 737 Max 8 aircraft was grounded in many countries. Photograph: Jim Watson/AFP/Getty Images

European shares ended flat on Tuesday after a choppy session during which hopes that British prime minister Theresa May would win support for her plan(...)

Dermot Desmond’s company is also in talks to provide Datalex with a conditional €6.1m by way of a secured loan facility agreement. Photograph: Cyril Byrne

Datalex shares soared on Tuesday after the embattled software company revealed its main shareholder, Dermot Desmond, is in talks to provide it with €1(...)

Datalex chief executive Aidan Brogan: described 2019 as a “year of transition”. File photograph: Cyril Byrne

Datalex chief executive Aidan Brogan is set to come under pressure as the Dublin-listed software provider to the travel industry holds a staff meeting(...)

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