Nama has entered a joint venture with one of the country’s largest developers, Cairn, to build 550 homes. Under the agreement, a new company – 75pc owned by Cairn and 25pc by Nama – has been set up to develop a site in north Dublin. It is understood that Nama will provide the land for […]
NEW YORK (AFP) – Ten years after Wall Street recklessness helped lead to the Great Recession, compensation for top bank CEOs is soaring even as pay flattens at junior levels. Compensation figures released so far by large banks this year suggest a rich season for CEOs, despite myriad worries for markets, including slowing global growth, […]
Get the DealBook newsletter to make sense of major business and policy headlines — and the power-brokers who shape them.__________ Emmanuel Macron’s victory over the far-right National Front party in the French presidential election came only a few months after the ascension of Donald J. Trump to the presidency of the United States, and less […]
The stock market’s strong start to the year stalled on Tuesday, amid growing pessimism about the prospects for a deal to defuse trade tensions between China and the United States. The S&P 500, which had enjoyed its best start to a year since 1987 through the end of trading on Friday, ended Tuesday down 1.4 […]
Nature broadcaster David Attenborough has issued a dire warning on the future of the planet, saying humans can wipe out whole ecosystems without even realising it. In an interview with Prince William at the World Economic Forum in Davos, Mr Attenborough said that it was “difficult to overstate” the extent of the climate change problem. […]
The firm said discussions with its lenders HSBC and Barclays to extend a standstill agreement had come to nothing, leaving it with no option but to appoint KPMG as administrator. The move puts nearly 3,000 staff at risk of losing their jobs, who had thought the business was worth almost £500million. Its parent company Patisserie […]
Fresh clashes over launching a second Brexit referendum and blocking a no-deal EU withdrawal loom as Theresa May faces new challenges to her authority. Jeremy Corbyn’s Labour party wants Parliament to be given the option to back a national poll on Brexit when MPs vote on the Government’s EU exit stance next week. An amendment […]
RIO DE JANEIRO (Reuters) – Brazilian investors’ association Abradin said it would file a lawsuit claiming a proposed tie-up between U.S. planemaker Boeing Co (BA.N) and Embraer SA (EMBR3.SA) should come with a public tender offer, escalating its fight against the proposed deal. The group had already filed a motion last month with a São […]
Polish proposals to limit the backstop guarantee of no border in Ireland were “set up” between London and Warsaw, Government sources believe. The first cracks in the European Union’s solidarity with Ireland have emerged amid concerns for the future of Polish migrants living in the UK. Poland gave British Prime Minister Theresa May a boost […]
SYDNEY (Reuters) – Asian shares stumbled and oil prices fell on Tuesday as pessimism about world growth drove investors away from risky assets, while sterling ticked lower in the face of the latest twists and turns in the Brexit saga. China got the week off to a shaky start on Monday after Beijing reported 2018 […]