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AKO Capital, a $9.5bn London-based hedge fund, has taken a 3pc stake in Bank of Ireland, securing its holding in the company last Friday as equities slumped on the back of the Brexit vote.
Esprit Holdings said Britain’s vote to leave the European Union could affect consumer sentiment in its key markets in Europe, as global businesses and political leaders grapple with the fall-out of last week’s “Brexit”.
Irish oil explorer Tullow Oil is expecting the TEN Project to deliver oil within the next three to six weeks – its first delivery oil since the company started the project three years ago.
The initial shock from the UK’s Brexit vote has been contained for Ireland, Finance Minister Michael Noonan has said.
Trading in UK bank stocks was briefly halted this morning as stock markets continued to plunge on the back of the Brexit vote.
Ireland’s corporation tax will remain low and is a ‘non-issue’ despite fears that the European Union may move to increase the rate, the IDA chief executive Martin Shanahan has said.
The confirmation of victory for the leave camp in the Brexit referendum is causing major disruption to financial markets and is set to have serious implications the Irish economy.
Analysis: In a few hours, everything has changed. This Irish goverment’s term will be dominated by the fallout
Britain has voted to leave the European Union, the BBC said based on voter tallies from Thursday’s referendum, an outcome that would set the country on an uncertain path and deal the largest setback to European efforts to forge greater […]
Many of Ireland’s largest companies have seen their share price rocked this morning following the UK’s decision to leave the European Union.
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