Padraic's Feed
Mar 1, 2015

Rugby-Six Nations still up for grabs, Ireland and England agree

DUBLIN, March 1 (Reuters) – After a game billed as a potential championship decider, the Ireland and England coaches insisted that the Six Nations was still very much up for grabs after Joe Schmidt’s side prevailed on Sunday.

Ireland took a major step towards retaining the title with a pulsating 19-9 victory over Stuart Lancaster’s men to become the only side to win three games from three and get their supporters dreaming of a second grand slam in six years.

Mar 1, 2015

Ireland take big step towards title with England win

DUBLIN (Reuters) – Ireland took a major step towards retaining their Six Nations title with a pulsating 19-9 victory over England on Sunday to become the only side to win their opening three games.

With both sides unbeaten going into a game billed as a potential title decider, Johnny Sexton kicked the hosts into a first-half lead before an acrobatic Robbie Henshaw try sent Ireland travelling to Cardiff dreaming of a grand slam.

Mar 1, 2015

Rugby-Ireland take big step towards title with England win

DUBLIN, March 1 (Reuters) – Ireland took a major step towards retaining their Six Nations title with a pulsating 19-9 victory over England on Sunday to become the only side to win their opening three games.

With both sides unbeaten going into a game billed as a potential title decider, Johnny Sexton kicked the hosts into a first-half lead before an acrobatic Robbie Henshaw try sent Ireland travelling to Cardiff dreaming of a grand slam.

Feb 27, 2015

I made mistakes, says Bank of Ireland boss ahead of crisis inquiry hearings

DUBLIN, Feb 27 (Reuters) – Bank of Ireland Chief
Executive Richie Boucher said he had made mistakes in the run-up
to the Irish banking crisis and will take full responsibility
for them when he appears before a parliamentary inquiry.

Parliament is holding the public inquiry into the crisis
seven years after the near-collapse of the banking sector, with
many voters frustrated that bank executives, regulators and
politicians have not been held accountable.

Feb 27, 2015

Bank of Ireland makes full-year profit for first time since crisis

DUBLIN, Feb 27 (Reuters) – Bank of Ireland made a
profit last year for the first time since the 2008 financial
crisis, thanks to growth in new lending and a claw-back of money
set aside for bad loans.

Ireland’s largest bank by assets has recovered from the
crisis more quickly than some of its rivals partly because its
two main markets, Ireland and Britain, are among the fastest
growing in Europe.

Feb 26, 2015

CRH eyes European recovery as yearly earnings up 11 percent

DUBLIN, Feb 26 (Reuters) – Earnings at Ireland’s CRH
rose for the first time in three years in 2014 as its European
business began to recover, ahead of a major acquisition that
will turn it into the world’s third-biggest building materials
supplier.

CRH earlier this month agreed to pay 6.5 billion euros for
the assets Lafarge and Holcim have to sell
to win regulatory approval for their planned merger to create a
new company whose 38 billion euros ($43.2 billion) in sales will
dwarf the 18.9 billion CRH generated last year.

Feb 24, 2015

Ireland demands more concessions from IAG on Aer Lingus sale

DUBLIN (Reuters) – Ireland on Tuesday presented British Airways owner IAG (ICAG.L: Quote, Profile, Research, Stock Buzz) with a list of new demands it said must be fulfilled before it would consider the sale of its 25 percent stake in Aer Lingus (AERL.I: Quote, Profile, Research, Stock Buzz), including one that IAG has explicitly ruled out.

The demands appeared to harden a stand-off over the 1.36 billion euros ($1.5 billion) offer from IAG (International Consolidated Airlines Group), which Aer Lingus’ board has recommended but a number of politicians have opposed.

Feb 14, 2015

Rugby-Irish on track after hanging on to beat France

DUBLIN, Feb 14 (Reuters) – Ireland hung on to beat France 18-11 in a tense Six Nations encounter at the Aviva Stadium on Saturday to seal their ninth win in a row and make it two victories from two to start the defence of their championship.

Returning flyhalf Johnny Sexton outkicked opposite number Camille Lopez to give Ireland a six-point halftime advantage that they stretched in the second period before a Romain Taofifenua try meant the hosts had to survive a late onslaught.

Feb 12, 2015

IAG’s CEO Walsh says Aer Lingus might not survive on its own

DUBLIN (Reuters) – The chief executive of British Airways owner IAG (ICAG.L: Quote, Profile, Research) told Irish politicians on Thursday that Aer Lingus (AERL.I: Quote, Profile, Research) would struggle to survive if they do not back its bid for the former flag carrier.

Dubliner Walsh, who began his career as an Aer Lingus pilot and was the airline’s chief executive before he moved to British Airways 10 years ago, was back this week campaigning to win over skeptical MPs to IAG’s 1.36 billion-euro offer, which already has the qualified backing of Aer Lingus’s board.

Feb 8, 2015

Election-nervous politicians shout down IAG’s Aer Lingus bid

DUBLIN (Reuters) – The owner of British Airways is running out of time to secure Ireland’s Aer Lingus as questions over its commitment to keep jobs and key Heathrow routes stoke opposition from politicians facing a tough election next year.

Aer Lingus’ board recommended the 1.36 billion euro ($1.5 billion) offer from International Consolidated Airlines Group (IAG) last month, subject to the agreement of the Irish state to sell its 25 percent holding.