Noonan should look before he leaps on AIB sale
Just because the bank is heading towards a point where a chunk of it could be sold, doesn’t mean it should automatically happen in a vacuum.
The decision by the Finance Minister Michael Noonan to appoint a panel of advisers on the sale of a stake in the bank is not surprising. Before now, nobody would have wanted to invest in a bank that still had massive bad debts and …
Expected internet shopping surge is an opportunity for retailers
Clothing and footwear are set to make up the bulk of the deliveries, according to a report compiled by Barclays.
The banking giant said there are likely to be similar trends in Ireland.
Head of Retail & Wholesale for Barclays, Richard Lowe, who was in Dublin this week, said that not only is the online market growing, it is also having to evolve more radically than before.
“Driven by the …
Eurozone to grow modestly in second half of the year
But the European Central Bank (ECB) president warned that unacceptably high unemployment and continued weak credit growth are likely to curb the strength of the recovery.
The recovery in the Eurozone continues to falter, with a gauge of manufacturers dropping back to its lowest level this year on Tuesday, growth stagnating in the second quarter and Italy falling back into recession.
Business confidence in Germany, the bloc’s biggest economy, has …
Our business leaders have the chance to inspire a new generation
But Dr Simon Boucher has got lots of work to, because the most recent study reveals that Irish managers perform poorly in comparison to other industrial countries.
Of the 21 countries surveyed, Ireland ranked 15th, well-behind the first-placed USA and ahead only of Chile, Argentina, Greece, China, Brazil and India.
Dr Boucher says there’s a “fair capacity” for improvement in the level of Irish management, particularly when it comes to …
Business Brain: Selling a business means facing up to 'hard realities'
Therefore, it is imperative that the preparation phase begins well in advance of the planned disposal (For example, 18 months).
It is essential that the seller views the business through the eyes of a potential buyer. Owners may lack the dispassionate ability to perform an objective review of the overall health and value of the business and any emotional attachment needs to be tempered by hard realities.
As a starting …