Paul Campbell created ticketing platform Tito, an Irish tech success story which sells millions of tickets to events around the globe. Now, it has launched a new virtual business.
While acute care capacity has been ramping up, Vanguard Health CEO and former NHS executive Audrey Mc Donnell turns her attention to the services caring for those most exposed to the pandemic.
In 2002, Cavan homebuilder Matthew Farrell agreed to buy an 11-acre site from developer Tom McFeely. The legal fallout continues to this day.
Shaw Academy survived a brush with insolvency exactly one year ago. Since then, it has raised €7m, amassed a stellar board and, with people confined to their homes as a result of Covid-19, it is reporting significant growth internationally.
He’s offering 49 per cent of his crown jewel telecoms business in exchange for a debt write-down, and his radio group has just implemented pay cuts. In this two part series, we assess the financial performance of the various divisions of Denis O’Brien’s portfolio. Today, we focus on the tycoon’s telecoms, media and utilities businesses.
Maurice Mathews, a Ballymun based vegetable and fruit wholesaler, is feeling the strain the coronavirus crisis is putting on Ireland’s food industry. But he has working on innovative ways to continue to keep his business going and his staff in a job.
One month ago, directors of the historic student travel agency met to sign off on a promising set of accounts. Last week, they agreed to wind up the company. The downfall reveals the devastation being caused by Covid-19 in the travel sector.
As the country battles to manage its Covid-19 crisis, the HSE has turned to a Tramore technology business called NearForm to create a life-saving mobile phone tracking and tracing app for Covid-19.
Dublin-based Stobart Air is working with its advisers to try and cut a deal with its unwieldy shareholder roster and lenders. CityJet, meanwhile, is in heightened talks with creditors.
Self Help Africa has secured a new multi-million EU contract to inject capital into private enterprises in the Zambian food value chain. Although most African agribusiness remains far from bankable, the organisation sees its role as “priming the pump”.
As insurers battle with industry over business interruption cover, the state has been left to effectively subsidise both through emergency wage cover. However, concerns are growing about the capacity of some insurers to weather this crisis.
FBD has faced backlash from customers who feel they have been cast adrift over coronavirus cover. Meanwhile, its cash reserves are likely to get stressed this year and its financial assets are down between 5 and 10 per cent. What does the future hold for FBD?
As the pressure mounts on the state to bail out vast tranches of the domestic economy and households, are we facing another period of prolonged austerity? Or can we chart a new fiscal future?
Regardless of whatever way the crisis plays out, embracing the extremist alternative is a needlessly risky road. The risky road towards Buenos Aires and rubble-strewn Gdansk.
Over half a million Irish people are receiving either pandemic payments, unemployment benefit or wage subsidies. 300,000 of them were in work at the start of this month. It has forced the state into a hyperactive, adrenalised moment, at which anything could be done–but only in this moment.
The scale of disruption arising from the Covid-19 pandemic can be overwhelming. Yet a number of common steps applicable across industries can help business leaders ground their response in fact, steer their teams through it – and make the most of opportunities arising at the other end.
At Intro Matchmaking, Fergal and I have taken drastic steps to keep the business Intro going during this crisis. Like many, we have made make tough decisions, negotiated deals and are searching for creative ways to find our way through.
The US dollar is the only show in town because there is a dearth of accessible safe haven assets in the world. However, is likely to depreciate on a trade-weighted basis in the months ahead, once markets realise that the dollar funding squeeze is over.
One of Karl Polanyi’s key insights is that “man’s economy, as a rule, is submerged in his social relationships”. The system we are in now is very different to the one we had in early February. What lessons will it teach us?