300 million euro refinancing of Ronan, Covid vaccines and intellectual property, and increase in bank loans

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Ronan Group Real Estate from developer Johnny Ronan has reportedly secured backing to refinance a prime real estate portfolio valued at €300m. Ronald Quinlan has the details.

Covid vaccines are being produced faster than they can be administered, according to industry, which argues that waiving intellectual property rights will not speed up global access to the Covid-19 vaccine, will be told today a Oireachtas committee. reports Dominic Coyle.

MAdme Technologies founder Triona Mullanes said the Denis O’Brien-backed company may seek to raise new capital towards the end of the year as it struggles to recover from an experience ” horrible” during the pandemic. Mark Paul has the details.

The number of consumers who took out personal loans in the first quarter of this year, as well as the value of those loans, increased by about a third compared to the same period last year, as the lives of People were starting to get back to normal after the worst of the Covid-19 pandemic, new figures from the Banking & Payments Federation Ireland show. reports Colin Gleeson.

Nutrition group Abbott transports formula supplies from Cootehill in Cavan to the United States daily to help alleviate a supply shortage that has seen stores ration purchases for parents. Dominic Coyle and Martin Wall have the details.

Elon Musk said he would reverse Twitter’s decision to ban former US President Donald Trump from the platform, calling the decision “morally wrong and downright stupid”, according to an interview with the Financial Times.

In other commercial real estate news, developer David Daly’s OctoberInvestments is releasing 16 Stephen’s Greens in what will be a key office rental this year. Ronald Quinlan has the details.

A new law in New Zealand aims to improve bad jobs. FT columnist Sarah O’Connor says if it works, the repercussions of this legislation could be felt around the world.

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