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Friday 1 December 2023 Dublin: -2°C

# Losses

Last year
Judge wants progress made on how much insurer must pay to pubs hit by pandemic closure
A policy sold by FBD covered losses pubs sustained by having to close due to the pandemic.
Ryanair posts €96 million loss for third quarter of 2021
The airline said it is selling more tickets for the summer season than it had before the pandemic.
All time
'Final nail in the coffin for businesses': Revenue claw back of wage subsidy funding raised with Taoiseach
Those that fell short of their 25% loss estimation are being asked by Revenue to repay the wage subsidy.
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.
Covid-19 pandemic could cost Premier League at least £1 billion
The estimate was set out in a letter from chief executive Richard Masters.
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.”
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.
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.
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.
Irish gamblers are the third biggest losers in the world
Online gambling is the biggest source of the losses.
Job losses 'unavoidable' at UTV Ireland as merger with TV3 is finalised
UTV Ireland currently employs 61 permanent staff.
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.
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.
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.
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’
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 mount at O'Reilly's Providence Resources
The company blamed increased losses on administration expenses.
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.
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.
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.
"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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
Permanent TSB reports losses of €424million
The bank warned of a “significant deterioration” in the number of borrowers in arrears.
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.
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.
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.
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.
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.
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.
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.