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#Losses
# losses - Thursday 21 May, 2020
Woodward vows to 'weather these challenges' as Man United record losses for 2020
The executive vice-chairman revealed that an estimated £20m is due back to broadcasters.
# losses - Tuesday 7 April, 2020
Covid-19 pandemic could cost Premier League at least £1 billion
The estimate was set out in a letter from chief executive Richard Masters.
# losses - Tuesday 10 March, 2020
Crisis for Mayo Ladies as 10 executive members step down from county board - report
An email has been circulated to all clubs saying the departed members have requested an “emergency general meeting.”
# losses - Thursday 24 January, 2019
Coca-Cola set to lay off part of its workforce in Drogheda
Around 200 people are employed at the location at Southgate just off the M1.
# losses - Wednesday 27 September, 2017
Twitter is doubling its character count in a bid to boost growth
The company, which has never turned a profit, is trying out 280-character tweets in a bid to increase its engagement with users.
# losses - Thursday 11 May, 2017
Snapchat shares plunge as it posts losses of over €2 billion
Snap disappointed analysts with reported revenue of $149.6 (€138) million in the three months ending in March.
# losses - Friday 10 February, 2017
Irish gamblers are the third biggest losers in the world
Online gambling is the biggest source of the losses.
# losses - Thursday 1 December, 2016
Job losses 'unavoidable' at UTV Ireland as merger with TV3 is finalised
UTV Ireland currently employs 61 permanent staff.
# losses - Wednesday 25 May, 2016
High Court appoints examiner to Debenhams chain
Over 1,400 staff are directly employed while 500 concession staff and 300 cosmetics staff also work in the company’s 11 stores.
# losses - Tuesday 22 March, 2016
Regency Hotel, site of murder of David Byrne, has suffered "immense loss of business", High Court hears
The hotel is in the High Court seeking an indemnity from its insurer on the back of the shootings in February.
# losses - Thursday 19 March, 2015
The company that created smartphone sensation Angry Birds is in freefall
Finnish developers Rovio are pinning their hopes on the birds’ movie debut, due next year.
# losses - Monday 9 March, 2015
Down, down, down - McDonald's sales continue to spiral
New CEO Steve Easterbrook faces an uphill challenge to recast as a ‘modern, progressive burger company’
# losses - Sunday 13 July, 2014
Enterprise Ireland investment losses more than quadruple to €16.8 million
It may have been a record year for the agency, but many investments seem not to have gone to plan.
# losses - Friday 27 June, 2014
Losses mount at O'Reilly's Providence Resources
The company blamed increased losses on administration expenses.
# losses - Tuesday 20 May, 2014
Fine Gael and Labour face support fallout, as polls show a boost for Sinn Féin
This poll shows a significant drop in support for the coalition parties in comparison to the 2009 election.
# losses - Wednesday 14 May, 2014
Strong PS4 and smartphone sales not enough to keep Sony out of the red
The company lost €916 million during its fiscal year to March, and expects to lose €356 million net loss over the next twelve months.
# losses - Wednesday 5 March, 2014
AIB lost €1.7 billion last year, but that's much better than the previous year
The bank says that it thinks it will return to profitability by next year.
# losses - Monday 3 March, 2014
"Profitable and generating capital": BoI losses narrow, mortgage arrears still 'key priority'
Bank of Ireland has released its results for 2013. Richie Boucher says the institution made “further substantial progress” last year.
# losses - Thursday 29 August, 2013
Over 15 per cent of Permanent TSB's home loan customers are in arrears
Pre-tax losses for the bank have fallen from €587 million in the first half of 2012 to €131 million in the first six months of this year.
# losses - Saturday 30 March, 2013
Bank of Cyprus customers could lose up to 60 per cent of savings
Senior Bank of Cyprus official Mario Skandalis confirmed the figures, although he said they had not been finalised and a final announcement was expected by Monday.
# losses - Thursday 28 February, 2013
Ulster Bank parent company lost nearly €6bn in 2012
Royal Bank of Scotland, which is majority owned by the British government, took a £5 billion charge for loan impairments last year.
# losses - Tuesday 29 January, 2013
200 jobs to go at EBS Building Society
Staff are to hold a meeting to discuss the possibility of industrial action after being informed of the cuts.
# losses - Friday 14 December, 2012
Bus Eireann to cut some payments after unions reject Labour Court hearing
The company has said that it is to cut overtime, shift, premium and rota payments after trade unions rejected the offer, it said today.
# losses - Friday 10 August, 2012
Bank of Ireland reports half-year loss of €1.25 billion
Bank CEO says H1 2012 has been a difficult environment to operate in, given ongoing eurozone difficulties and challenges to the Irish economy.
# losses - Monday 14 May, 2012
One of Wall Street's most powerful women retires after $2 billion trading loss
Ina Drew had been with JP Morgan for more than 30 years.
# losses - Saturday 12 May, 2012
Explainer: How can JP Morgan lose $2bn in less than six weeks?
There has been some alarm and many questions as to how America’s biggest bank lost so much money.
# losses - Friday 4 May, 2012
BMI Baby to end some flights to Ireland West Airport
The airline is to cease flights between the former Knock Airport and Birmingham from June.
# losses - Monday 2 April, 2012
Permanent TSB reports losses of €424million
The bank warned of a “significant deterioration” in the number of borrowers in arrears.
# losses - Friday 30 March, 2012
AIB reports losses of €2.3 billion for last year
The bank’s annual financial report has been released this morning, revealing a growing number of bad mortgage debts.
# losses - Friday 24 February, 2012
Lloyds Bank reports losses of £3.5bn for 2011
The banking group was forced to set aside £3.2 billion to cover compensation claims after mis-selling insurance products to customers in 2011.
# losses - Wednesday 4 January, 2012
Natural disasters mean most expensive year ever for insurance damages
Earthquakes in Japan and New Zealand contributed to almost €300billion in overall economic losses from natural disasters.
# losses - Tuesday 1 November, 2011
Column: Confused about what will happen to the euro? Everyone is.
Former trader Nick Leeson speaks to those working at the heart of financial markets and finds that uncertainty and confusion is thwarting a move forward.
# losses - Friday 26 August, 2011
Anglo Irish Bank reports half yearly losses of over €100 million
An improvement on last year, when interim losses were €8.2 billion, the worst in Irish corporate history.
# losses - Thursday 25 August, 2011
Gold falls below US$1,800 as rush ends
It looks like gold’s bull run could be at an end with the yellow metal plunging in Wednesday’s trading.
# losses - Wednesday 10 August, 2011
BoI signals eventual increase in mortgage interest rates
Richie Boucher says his bank can’t keep absorbing ECB hikes – and that it’ll have to pass on any future increases.
Early morning gains pared in European markets
Global markets seem to have calmed somewhat this morning as investors take US Fed statement on board.
Bank of Ireland losses narrow to €723m
So far in 2011, Ireland’s only domestic lender outside State control has almost halved its pre-tax losses.
# losses - Monday 8 August, 2011
Nick Leeson - who brought down Barings Bank - apologises to boss
The infamous ‘rogue trader’ has come face to face with his former boss for the first time since the bank’s crash in 1995.
# losses - Thursday 4 August, 2011
Irish losses impact on Lloyds bank as it posts massive losses
The losses are mainly as a result of the mis-selling of payment protection insurance in the UK but its exposure to the Irish property market hasn’t helped either
# losses - Wednesday 20 July, 2011
American Airlines announces record jet order, as Dublin office closes
The airline, which has also posted a quarterly loss of $286 million, has placed an order for 460 new planes. It’s closing its Dublin call centre with the loss of 130 jobs.
Your say
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Poll: Are you still using the Covid-19 tracker app?
IT’S A MONTH since the launch of the HSE’s new Covid-19 contact tracing app.
Since then, the app has had well over one million downloads, with the take-up rate heralded as being “the most successful launch” of the app anywhere in the world, said HSE CEO Paul Reid last month.
The app is intended to help contact tracing, particularly with people who aren’t family and friends, and uses Bluetooth technology to determine whether you’ve been a close contact of someone who’s tested positive for the virus.
Users are encouraged to switch on their Bluetooth settings, and to check in with their symptoms every day. The bluetooth function means that users will be notified via the app if they have been a close contact of a confirmed case.
As cases begin to rise again – particularly in Kildare, Laois and Offaly – health officials fear that transmission could once again spread within the community.
Of the 174 cases reported yesterday, around 50 of them were reported outside of the three counties now under new restrictions.
With that in mind, we want to know: Are you still using the Covid-19 tracker app?
Poll Results:
Yes, I check in every day (3863)
Yes, I check in most days (3296)
I didn't download it (2815)
Yes, but I only check in once or twice per week (2204)
No, I've stopped using it (2014)
Yes, but I only have the bluetooth contact tracing function enabled (1425)
Share your story: voices@thejournal.ie
Money Diaries: A construction contracts manager on €67K with a young family in Galway
By TheJournal.ie reader
Larry Donnelly: American politics is in a bad state and the TV networks aren't helping
By Larry Donnelly - @LarryPDonnelly
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