Joint provisional liquidators have been appointed by the Irish High Court to Dublin company Frank&Bear Limited, stated to be involved in a number of significant digital marketing campaigns in Ireland, the UK, Europe and the United States, the Irish Times reported. Barrister Eoin Coffey told Mr Justice David Holland that the company, which employs 12 people, was unable to meet its debts and that two of its three directors were engaged in promoting a petition through the courts for the winding up of the firm.

Institutional investment in residential real estate in Ireland fell by 80 per cent in 2023 and 2024, according to the Central Bank, the Irish Times reported. “Inward capital flows and equity financing for new residential development have fallen markedly,” the bank’s director of financial stability Mark Cassidy said at the launch of the regulator’s latest Financial Stability Review. Changes to the global financial system from higher interest rates and increased uncertainty were of particular concern to the residential rental sector here, he said.

Ireland’s manufacturing output fell sharply in April, a new sign that the eurozone economy is slowing after a strong start to the year as U.S. businesses stockpiled goods ahead of expected tariff increases, the Wall Street Journal reported. Factory production was 13.7% lower than in March, with the decline concentrated in what the Irish statistics agency calls the “modern” sector, which is largely comprised of the local operations of U.S. technology and pharmaceutical businesses.

Ireland’s manufacturing output fell sharply in April, a new sign that the eurozone economy is slowing after a strong start to the year as U.S. businesses stockpiled goods ahead of expected tariff increases, the Wall Street Journal reported. Factory production was 13.7% lower than in March, with the decline concentrated in what the Irish statistics agency calls the “modern” sector, which is largely comprised of the local operations of U.S. technology and pharmaceutical businesses.

Ardagh Group’s debt restructuring talks to a group of bondholders has broken down amid a standoff over how much Paul Coulson, the packaging giant’s leading shareholder, will continue to own in its improving drink cans business, the Irish Times reported. The heavily-indebted business proposed in March that a group of senior unsecured bondholders write off much of the $2.32 billion (€2.05 billion) they are owed in exchange for taking full ownership of the glass containers part of the business.

The Irish High Court has confirmed the appointment of an examiner to Workman’s Club Ltd, part of the former Press Up hospitality and entertainment group founded by Patrick McKillen jnr and Matthew Ryan, the Irish Times reported. Ms Justice Eileen Roberts said on Monday she was satisfied to appoint Declan McDonald of PwC as examiner to the company. The confirmation of Mr McDonald as examiner follows a petition for court protection brought on behalf of the company by Kelley Smith SC, instructed by Gavin Simons, partner in AMOSS solicitors, earlier this month.

There was a 28% increase in the number of court approved Personal Insolvency Arrangements (PIAs) — the insolvency mechanism that address mortgage-related debt — during 2024, as the number of accounts in mortgage arrears “remains stubbornly high”, a new report by the Insolvency Service of Ireland has found, the Irish Examiner reported. The latest annual report from the ISI said there were 1,189 approved insolvency arrangements during 2024, of which 861 were PIAs — an increase from the 929 recorded in 2023, of which 671 were PIAs.

A finance company which funded loans to entities associated with Patrick McKillen junior is seeking judgment of some €8.7 million against the businessman, the Commercial Court has heard, the Irish Times reported. Cabriz Finance Ltd, of Riverside Road, Carrickmacross, Co Monaghan, claims that Mr McKillen, with an address for communication at Ely Place, Dublin, provided various guarantees and indemnities for four loans to four companies.

Ireland’s economy surged in the three months through March as U.S. pharmaceutical giants based in the country boosted production to build stockpiles back home ahead of threatened tariffs, the Wall Street Journal reported. Ireland’s strong start to the year, alongside a pickup in Belgium, supported eurozone growth as 2025 got underway, with figures for the currency area to be released Wednesday. Spain, which also released figures Tuesday, recorded a slight slowdown, while continuing to grow at a robust pace. However, high levels of production to build reserves of drugs in the U.S.