DUBLIN, Aug 15 (Reuters) – Ireland were far from their best but came from behind three times in a thrilling second half to edge out impressive Scotland 28-22 in a World Cup warm-up on Saturday.
After easing past Wales last week, the Six Nations champions were unusually subdued and prone to error as few fringe players hoping to hand head coach Joe Schmidt a selection headache impressed.
DUBLIN, Aug 11 (Reuters) – Ryanair aims to take on
the online travel companies with a new website that will offer
its 100 million annual passengers flight price comparisons,
cheap hotel rooms and location-sensitive restaurant discounts,
its chief executive said.
The overhaul of the Ryanair.com site, being developed by
about 200 IT staff hired over the past 18 months, is in part a
defensive strategy to avoid becoming dependent on third-party
sites such as Skyscanner.com and Google Flights for
DUBLIN, Aug 7 (Reuters) – Allied Irish Banks (AIB)
almost tripled first-half pretax profit as it clawed back money
put aside for bad loans, cut costs and increased margins,
improving the prospects of it beginning to pay back a state
The rescue of AIB has cost taxpayers 21 billion euros ($23
billion), the most given to any Irish bank still trading, and
the government hopes to recover it all, beginning with a 25
percent stake sale later this year or more likely next.
DUBLIN (Reuters) – Bank of Ireland (BKIR.I: Quote, Profile, Research) more than doubled its profit in the first half of 2015 as it increased new lending and reduced loan impairment charges, generating more capital at a significant pace.
The bank, which was the only domestic lender to avoid falling under state control after the country’s 2008 financial crisis, reported on Friday an underlying pretax profit of 743 million euros (522 million pounds) in the first six months of the year, up from 327 million euros in the same period of 2014.
DUBLIN, July 31 (Reuters) – Bank of Ireland more
than doubled its profit in the first half of 2015 as it
increased new lending and reduced loan impairment charges,
generating more capital at a significant pace.
The bank, which was the only domestic lender to avoid
falling under state control after the country’s 2008 financial
crisis, reported on Friday an underlying pretax profit of 743
million euros in the first six months of the year, up from 327
million euros in the same period of 2014.
DUBLIN, July 30 (Reuters) – Guidelines set down by the OECD
leave Ireland no flexibility in its design of a new patent-based
tax regime aimed at multinationals, the Irish finance department
said on Thursday.
The new tax system will phase out the “Double Irish”
loophole, which saves companies billions of dollars. In its
place, Dublin plans to set up a “knowledge development box” in
October’s budget for 2016, similar to “patent boxes” in other
DUBLIN (Reuters) – Ireland’s economy grew by 1.4 percent quarter-on-quarter in the first three months of the year, in a recovery that is forecast to make it the fastest-growing economy in Europe for the second year running in 2015.
Ireland’s economy expanded by 5.2 percent last year, revised up on Thursday from 4.8 percent previously, its best performance since 2007 before a property crash plunged it into recession and triggered a fiscal and banking crisis.
Ireland will allow tens of thousands of adopted people access to their birth certificates for the first time under proposed legislation that some advocacy groups say could still deprive many of their identities.
DUBLIN (Reuters) – U.S. private equity firm KKR & Co LP (KKR.N: Quote, Profile, Research, Stock Buzz) and Ireland’s new strategic investment fund will launch a 500 million euro ($552 million) joint venture to provide credit for builders amid a severe housing shortage.
A rapid recovery from a housing crash in which prices halved between 2007 and 2010 has slowed in recent months, but delays in addressing shortages, particularly in Dublin, is keeping upward pressure on prices and stretching affordability for buyers.
DUBLIN, July 28 (Reuters) – European Union authorities have
told Ireland that the new Irish Water utility must be counted as
part of government finances, a political blow to the government
as it faces protests over the levying of direct charges for
The government had sought to separate the utility from its
balance sheet but the EU statistics agency Eurostat ruled that
it must remain on it, Finance Minister Michael Noonan said on