From its ivy-covered Georgian headquarters on Dublin’s Fitzwilliam Square, Ardstone Capital runs a low-profile international property empire. However, its peace has been shattered by a legal dispute with a former investment manager who claims he was cut out of a profit share.
Filmed in South Africa before the virus reached Ireland, it shows Johnny Ronan joking about being quarantined in front of a Corona beer stand. Apologising, the developer said it was never intended for public view and he was unaware of the full impact of the virus at the time.
With no prize money handed out and betting shops closed, Covid-19 is taking its toll on racehorse owners, whose costs have remained high. A cascade of bloodstock sales trickling down all the way to breeders is now under threat.
In AerCap's Q1 earnings yesterday, the company announced it had cut capital expenditure to the bone. The market rewarded it with a 18 per cent bump in the share price. What does the reaction say about global aviation trends?
Thousands of locked-down local businesses will need finance to prime the pump when they re-open, and recent changes in regulations allow credit unions to lend more to them. These community lenders have cash to lend and may distribute Covid-19 government-sponsored credit.
Stephanie Meadow is one of the world’s top female golfers. But she is also something of an entrepreneur – negotiating her own deals, managing her own marketing, and acting as her own agent. What has she learned from business, and what can business learn from her?
Owning a gallery can be a financially unstable career. The more art you sell, the more successful you are. However, people only buy art when they have extra cash in their pockets to spend. Olivier Cornet is looking at ways to keep his gallery going during a downturn.
Billions of euro have poured into Irish alternative lenders since 2010. They tend to fund riskier deals, at a price. Covid-19 will test their underwriting and their business model.
Instead of being in his Youghal home, publisher Bill Bonner is locked down on a sprawling ranch in Argentina. From there, he talks about building a $1bn empire, his links with Ireland, and why printing money will make the current crisis worse.
Serial entrepreneurs Louise Grubb and Tom Brennan want to build a portfolio of veterinary products for pets that will both improve the lives of dogs and cats and eventually attract cash rich pharma giants. Investors agree with the strategy – and have just invested €5 million into the Waterford business.
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