BANK OF IRELAND has confirmed that it has completed the sale of its Asset Management division to State Street Global Advisors for a fee of about €57m. The deal, announced last October, will boost the bank’s capital reserves by about €40m, according to a statement. The division, previously known as Bank of Ireland Asset Management, will now form part of State Street Global Advisors Ireland Ltd.
# companies - Today’s News
Tell us what you can’t live without – no matter how embarrassing.
# companies - Friday 28 January, 2011
Cabin crew’s trade union and airline management agree to Labour Relations Commission intervention in the ongoing dispute.
Umbrella group for city centre traders does deal to cut cost of insurance for its 2,500 members after slow shopping year.
Website sells 115 Kindle ebooks for every 100 paperbacks.
# companies - Thursday 27 January, 2011
Tomorrow’s meeting mediated by IBEC and ICTU could help resolve the ongoing dispute between management and cabin crew.
# companies - Wednesday 26 January, 2011
Passengers hoping to travel with Aer Lingus today have been warned of disruptions after the airline cancels 14 flights.
# companies - Tuesday 25 January, 2011
Eric Schmidt – who only stepped down as Google’s CEO five days ago – is eyeing up a CNN talk show, say reports.
A disciplinary process was due to start today for airline staff refusing to work to new rosters but the first meeting has been cancelled – meanwhile Aer Lingus warns of possible disruptions to flights.
# companies - Monday 24 January, 2011
The fast food restaurant has more visitors per day than the population of Britain and Ireland combined and it hires one million people a year in the US…
# companies - Thursday 20 January, 2011
Schmidt is stepping down as CEO of Google, and company has announced Larry Page will take over the position.
The online auction site reports better-than-expected earnings for the fourth quarter, on the bank of surging PayPal use.
An Bord Pleanála has approved an application for the final section of the Corrib pipeline.
Quest Software will make new jobs over the next three years in finance, software development and sales.
As many as 2,700 passengers hoping to travel between Dublin, the UK and continental Europe will face disruptions today.
# companies - Wednesday 19 January, 2011
The top US business folk who carved their own path to the American Dream…
Several scheduled flights have been cancelled because of a dispute between Aer Lingus and trade union staff.
# companies - Tuesday 18 January, 2011
Alfredo Sáenz is sentenced to eight months in jail, and banned from banking for life. His response? ‘I’m going nowhere.’
52 of the 103 staff at Superquinn in Naas will be offered jobs elsewhere, with the rest facing compulsory redundancy.
The airline says the ruling of a Spanish court – which said the €40 fee for reissuing boarding cards was illegal – was “bizarre”.
# companies - Monday 17 January, 2011
The Apple CEO – who formerly had pancreatic cancer – says his board has given him some time off for medical reasons.
# companies - Saturday 15 January, 2011
As many as 200 jobs could be lost a DFDS, with 60 of those at risk based in Dublin.
BP has teamed up with Russian state-owned oil company Rosneft to explore for natural gas and oil off the Siberian coast.
# companies - Tuesday 11 January, 2011
The insurer and motoring organisation will take on 40 new staff at its Dublin HQ, in its insurance and rescue divisions.
# companies - Monday 10 January, 2011
# companies - Sunday 9 January, 2011
The changes to corporate premiums are expected to take place in March.
# companies - Thursday 6 January, 2011
The new store – the equivalent of the iTunes store, but for Mac software – may help Apple make further dents in the PC market.
The coffee company marks its move into supermarkets by dropping its name – and the word ‘coffee’ – from its branding.
# companies - Wednesday 5 January, 2011
The drinks group and record chain will seek job cuts in Ireland: the former reviewing its trade, the latter hit by downloads.
Trade union to hold ‘intensive talks’ with supermarket over fate of its 100 employees
The U2 leaders and fellow speculators invested €157m in Facebook two years ago – and their stake could now triple in value.
# companies - Tuesday 4 January, 2011
Last year, multi-national companies created almost 11,000 jobs in Ireland – more than double the figure in 2009.
# companies - Monday 3 January, 2011
Goldman Sachs invests $450m in Facebook for a 0.9% stake – putting Mark Zuckerberg’s company at a total value of $50bn.
# companies - Wednesday 29 December, 2010
A senior Shell official told the US Embassy second-in-command that there could be hundreds of billions worth of gas off Irish shores.
# companies - Tuesday 21 December, 2010
The £1.2bn takeover deal is completed, despite the opposition of Unionist politicians resenting an all-Ireland energy company.
# companies - Monday 20 December, 2010
European safety agency puts forward plans to cap pilot’s duty hours – that’s both flying and waiting time – to a maximum of 14 hours a day, or 12 at night. Pilots’ unions say that is still an exhausting schedule.
# companies - Sunday 19 December, 2010
Did you know that McDonald’s sells more than 75 hamburgers per second? Then read on…
# companies - Thursday 16 December, 2010
Gillian Bowler will step down from the helm of Irish Life & Permanent once her successor has been appointed.
# companies - Monday 13 December, 2010
Google and Facebook already have their European bases in Ireland – and now the microblogging site could follow.
The computer and printer manufacturer will create posts in software engineering and recruitment will begin straight away.
The online retailer – which went down for 30 minutes last night – says its disruption was the cause of a technical fault.