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#Losses

# losses - This year 2022

Judge wants progress made on how much insurer must pay to pubs hit by pandemic closure
# Payout
# Payout

Judge wants progress made on how much insurer must pay to pubs hit by pandemic closure

Feb 17th 2022, 4:15 PM 11,285 Views 0 Comments

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
# Losses
# Losses

Ryanair posts €96 million loss for third quarter of 2021

Jan 31st 2022, 8:16 AM 9,689 Views 10 Comments

The airline said it is selling more tickets for the summer season than it had before the pandemic.

# losses - All time

'Final nail in the coffin for businesses': Revenue claw back of wage subsidy funding raised with Taoiseach
# Revenue
# Revenue

'Final nail in the coffin for businesses': Revenue claw back of wage subsidy funding raised with Taoiseach

Dec 17th 2020, 6:15 AM 34,905 Views 14 Comments

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
# Money Matters
From The42
# Money Matters

Woodward vows to 'weather these challenges' as Man United record losses for 2020

May 21st 2020, 1:35 PM 6,126 Views 12 Comments

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
# Losses
From The42
# Losses

Covid-19 pandemic could cost Premier League at least £1 billion

Apr 7th 2020, 7:47 PM 3,253 Views 8 Comments

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
# Losses
From The42
# Losses

Crisis for Mayo Ladies as 10 executive members step down from county board - report

Mar 10th 2020, 10:34 PM 12,696 Views 6 Comments

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
# Southgate
# Southgate

Coca-Cola set to lay off part of its workforce in Drogheda

Jan 24th 2019, 3:11 PM 23,740 Views 30 Comments

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
# 280 Characters
# 280 Characters

Twitter is doubling its character count in a bid to boost growth

Sep 27th 2017, 7:26 AM 6,830 Views 29 Comments

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
# Going Down
# Going Down

Snapchat shares plunge as it posts losses of over €2 billion

May 11th 2017, 7:18 AM 19,184 Views 30 Comments

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
# Nosedive
# Nosedive

Irish gamblers are the third biggest losers in the world

Feb 10th 2017, 4:51 PM 23,196 Views 39 Comments

Online gambling is the biggest source of the losses.

Job losses 'unavoidable' at UTV Ireland as merger with TV3 is finalised
# Acquisition
# Acquisition

Job losses 'unavoidable' at UTV Ireland as merger with TV3 is finalised

Dec 1st 2016, 1:08 PM 19,140 Views 39 Comments

UTV Ireland currently employs 61 permanent staff.

High Court appoints examiner to Debenhams chain
# Losses
# Losses

High Court appoints examiner to Debenhams chain

May 25th 2016, 4:36 PM 18,678 Views 7 Comments

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
# Reputational Damage
# Reputational Damage

Regency Hotel, site of murder of David Byrne, has suffered "immense loss of business", High Court hears

Mar 22nd 2016, 2:22 PM 28,401 Views 6 Comments

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
# Sick Birdies
# Sick Birdies

The company that created smartphone sensation Angry Birds is in freefall

Mar 19th 2015, 10:45 AM 20,096 Views 26 Comments

Finnish developers Rovio are pinning their hopes on the birds’ movie debut, due next year.

Down, down, down - McDonald's sales continue to spiral
# Hatin' It
# Hatin' It

Down, down, down - McDonald's sales continue to spiral

Mar 9th 2015, 4:45 PM 27,758 Views 40 Comments

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
# Start Ups
# Start Ups

Enterprise Ireland investment losses more than quadruple to €16.8 million

Jul 13th 2014, 8:00 AM 9,526 Views 15 Comments

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
# Gas Man
# Gas Man

Losses mount at O'Reilly's Providence Resources

Jun 27th 2014, 5:20 PM 10,399 Views 22 Comments

The company blamed increased losses on administration expenses.

Fine Gael and Labour face support fallout, as polls show a boost for Sinn Féin
# Cruising For A Bruising
# Cruising For A Bruising

Fine Gael and Labour face support fallout, as polls show a boost for Sinn Féin

May 20th 2014, 7:47 AM 7,821 Views 143 Comments

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
# Restructuring
# Restructuring

Strong PS4 and smartphone sales not enough to keep Sony out of the red

May 14th 2014, 9:25 AM 5,157 Views 8 Comments

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
# Money Money Money
# Money Money Money

AIB lost €1.7 billion last year, but that's much better than the previous year

Mar 5th 2014, 7:41 AM 7,179 Views 53 Comments

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'
# Profit And Loss
# Profit And Loss

"Profitable and generating capital": BoI losses narrow, mortgage arrears still 'key priority'

Mar 3rd 2014, 9:30 AM 7,012 Views 25 Comments

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
# Permanent TSB
# Permanent TSB

Over 15 per cent of Permanent TSB's home loan customers are in arrears

Aug 29th 2013, 11:58 AM 4,142 Views 21 Comments

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
# Cyprus
# Cyprus

Bank of Cyprus customers could lose up to 60 per cent of savings

Mar 30th 2013, 5:33 PM 9,590 Views 103 Comments

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
# Ulster Bank
# Ulster Bank

Ulster Bank parent company lost nearly €6bn in 2012

Feb 28th 2013, 10:00 AM 2,819 Views 3 Comments

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
# Cuts
# Cuts

200 jobs to go at EBS Building Society

Jan 29th 2013, 8:52 PM 9,115 Views 29 Comments

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
# Bus Eireann
# Bus Eireann

Bus Eireann to cut some payments after unions reject Labour Court hearing

Dec 14th 2012, 2:19 PM 4,557 Views 28 Comments

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 Of Ireland
# Bank Of Ireland

Bank of Ireland reports half-year loss of €1.25 billion

Aug 10th 2012, 8:54 AM 3,094 Views 13 Comments

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
# JP Morgan
# JP Morgan

One of Wall Street's most powerful women retires after $2 billion trading loss

May 14th 2012, 3:15 PM 4,531 Views 8 Comments

Ina Drew had been with JP Morgan for more than 30 years.

Explainer: How can JP Morgan lose $2bn in less than six weeks?
# Banking
# Banking

Explainer: How can JP Morgan lose $2bn in less than six weeks?

May 12th 2012, 4:05 PM 5,046 Views 20 Comments

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
# Don't Fly With Us
# Don't Fly With Us

BMI Baby to end some flights to Ireland West Airport

May 4th 2012, 1:11 PM 2,257 Views 7 Comments

The airline is to cease flights between the former Knock Airport and Birmingham from June.

Permanent TSB reports losses of €424million
# Permanent TSB
# Permanent TSB

Permanent TSB reports losses of €424million

Apr 2nd 2012, 8:38 AM 2,584 Views 21 Comments

The bank warned of a “significant deterioration” in the number of borrowers in arrears.

AIB reports losses of €2.3 billion for last year
# AIB
# AIB

AIB reports losses of €2.3 billion for last year

Mar 30th 2012, 9:19 AM 2,021 Views 27 Comments

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
# Lloyds Bank
# Lloyds Bank

Lloyds Bank reports losses of £3.5bn for 2011

Feb 24th 2012, 8:40 AM 719 Views 2 Comments

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
# Earthquakes

Natural disasters mean most expensive year ever for insurance damages

Jan 4th 2012, 12:06 PM 1,568 Views 2 Comments

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.
# Opinion
# Opinion

Column: Confused about what will happen to the euro? Everyone is.

Nov 1st 2011, 8:30 PM 25 Views 24 Comments

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
# Anglo
# Anglo

Anglo Irish Bank reports half yearly losses of over €100 million

Aug 26th 2011, 1:50 PM 300 Views 2 Comments

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
# Gold
# Gold

Gold falls below US$1,800 as rush ends

Aug 25th 2011, 9:10 AM 387 Views 2 Comments

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
# Mortgages
# Mortgages

BoI signals eventual increase in mortgage interest rates

Aug 10th 2011, 5:25 PM 270 Views 3 Comments

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
# Markets
# Markets

Early morning gains pared in European markets

Aug 10th 2011, 10:33 AM 186 Views 0 Comments

Global markets seem to have calmed somewhat this morning as investors take US Fed statement on board.

Bank of Ireland losses narrow to €723m
# Bad Loans
# Bad Loans

Bank of Ireland losses narrow to €723m

Aug 10th 2011, 9:35 AM 411 Views 2 Comments

So far in 2011, Ireland’s only domestic lender outside State control has almost halved its pre-tax losses.

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