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Ireland financial


Dermot Desmond received a windfall of 27.5 million euros last year from Intuition Publishing, his Dublin-based e-learning company. This brings the amount of cash he has received from the company in the form of dividends and loans to around € 42.5 million over the past two years. Accounts recently filed for Intuition, which sells online …

Wall Street shares fell on Monday as traders reacted to news that Joe Biden had appointed Jay Powell as Federal Reserve chairman for a second term, with Lael Brainard selected as running mate. The blue-chip US S&P 500 stock index lost its earlier gains when Powell’s appointment was first announced, ending the day 0.3% lower …

While there have been fears the City may lose its place as the dominant European financial market, commentator Ben Wright suggests the UK remains the destination for clearing houses. A clearinghouse is an intermediary between a buyer and a seller in a financial market. The clearinghouse validates the transaction between the two and ensures that …

The program is aimed at small and medium-sized tourism businesses with turnover between £ 50,000 and £ 100,000. Covid’s Business and Financial Planning Support Program will provide successful applicants with advice and mentoring assistance to develop turnaround plans. This program is one in a series of initiatives launched by Tourism NI this year to help …

BANGOR – Seven Islands Land Company announces that Nick Ireland has been appointed Chief Financial Officer of the company. Ireland succeeds Theresa Triandafillou, who retired from the company’s finance department in June after a 27-year career. Ireland recently served as CFO of Gardner Companies, a Lincoln-based group of forestry companies. Ireland started his career working …

A shareholder in Paddy Cosgrave’s Web Summit will claim in a case against him that the entrepreneur hired journalists and lawyers as employees of the tech events company to work on the political activism that has harmed the business. David Kelly will also argue in a lawsuit in the High Court, in which he claims …

Jonathan Hill, CFO of Flutter Entertainment, owner of Paddy Power, said the group remained committed to its Irish retail network despite low footfall, with Ireland lagging behind other countries in easing restrictions in the event of a pandemic. Releasing third quarter results yesterday, Flutter Entertainment said its Irish retail network revenues were 27% lower year-on-year …

The challenge of the Cop26 World Leaders’ Summit on Climate Change is to “match rhetoric with action,” said Taoiseach Micheál Martin. Mr Martin joins world leaders in the Scottish city of Glasgow for the two-week summit, which has been touted as a decisive chance to save the planet from the most calamitous effects of climate …

Sport Ireland’s board confirmed on Thursday evening that John Treacy will retire as the organization’s chief executive at the end of December. Treacy, 64, has been Managing Director of Sport Ireland since its inception in 2015, and previously served as Managing Director of the Irish Sports Council from 1999, when it was established as a …

Square’s latest investment in Ireland has been hailed as a boost to the country’s fintech ecosystem. Square will create 30 new jobs in Ireland, less than six months after officially launching its services here. These jobs will be created in Square’s Seller and Cash App business units. This will include roles in software engineering and …