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Bank of Ireland sees dividend next year as 2015 profit soars

BLOOMBERG Bank of Ireland plans to return to paying dividends next year for the first time since the financial crisis after profit at the nation’s largest lender by assets rose 30 percent in 2015. Underlying pretax profit, excluding items such as restructuring costs, rose to 1.2 billion euros ($1.33 billion) from 921 million euros a year earlier, the bank said ...

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Hong Kong mansion sells for ‘meagre’ $107 mn

Bloomberg Wheelock Properties Ltd. sold a luxury home in Hong Kong’s exclusive Peak neighbourhood to an unidentified buyer for a lower-than-expected price tag of HK$830 million ($107 million). While it took Wheelock just three hours to sell the home, the transaction works out to HK$87,784 per square foot, more than 25 percent lower than estimates by some analysts. The sale ...

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Home retail shares jump as takeover becomes $2bn race

Bloomberg Home Retail Group Plcshares rose in early trading after a takeover of the Argos stores owner turned into a 1.4 billion-pound ($2 billion) contest. Steinhoff International Holdings Ltd., the owner of Conforama furniture stores in France and Bensons Beds in the U.K., said late Friday it plans to make a 175 pence-a-share cash offer for the British retailer, topping ...

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