Business News

Canary Wharf Group is mulling a sale of its stake in one of the City of London’s most recognisable buildings, according to reports. The company is seeking agents to market its 50pc stake in 20 Fenchurch Street, known as the Walkie Talkie, for around £600m(€686m). Canary Wharf Group manages its half of the building on […]

An ebullient Paul Coulson has insisted that the Ardagh packaging giant he helped to create is only halfway through what he described as a “phenomenal adventure” following its New York Stock Exchange flotation yesterday that valued the group at about $5.2bn (€4.88bn) after its shares surged 18pc. The executive chairman of the company, Mr Coulson […]

Trade unions have called for major reform of how the pay of executives is set in quoted companies and semi-states. The Irish Congress of Trade Unions wants more transparency around how the remuneration of top bosses is arrived at, a limit on bonuses and a higher rate of tax for those earning more than €1m […]