Mark Neporent, Cerberus chief operating officer and director in a number of Irish subsidiaries. Photograph: Bill Pugliano/Getty Images

US vulture fund at centre of investigations over purchase of Nama’s NI assets for €1.6bn

Nama: notes to Jackson Homes accounts said it was relying on the support of the State agency. Photograph: Cyril Byrne

House builder uses proceeds from sale of 100 homes in Stillorgan to clear debt to agency

The Conrad began an €8 million refurbishment earlier this year

Sales grew 15% to €15.25 million at five-star Dublin hotel, latest figures show

Former Unilever chief executive Niall Fitzgerald: “When trust in business is only 30 per cent among lowest-income groups, that’s not just a problem for them, it’s an even bigger problem for us.” Photograph: Aidan Crawley

Former Unilever head Niall FitzGerald tells conference of perils of isolationism

John Paul Construction’s turnover included a €4 million share from a joint venture. Photograph: Alan Betson

Building group’s turnover grew 63 per cent to €165m in 2015, from €101.4m in 2014

Promontoria Eagle director Mark Neporent: company was able to write off loan and interest repayments against its profits. Photograph: Bill Pugliano/Getty Images

Company structured business in Ireland in order to benefit from section 110 tax break

Banca Monte dei Paschi di Siena was suspended for excessive volatility after a drop of more than 12%. Photograph: Alessia Pierdomenico/Bloomberg

CRH, Paddy Power Betfair and Smurfit Kappa all down while Aryzta rises slightly

Dublin features on a list of eight new destinations to which Qatar says it will begin flying in 2017-18. Photograph: Airbus/AP

Airline yet to say when service will begin but chief hopes to have it launched in 2017-18

The IFSC in Dublin:  part two of the Companies Act 2014 requires private companies to re-register as new private limited companies or designated activity companies by November 30th. Photograph: Alan Betson

Financial services firms could be in breach of licence if not re-registered in time

 Promontoria Eagle director Mark Neporent said Cerberus preferred to work with borrowers rather than  appointing receivers. Photograph: Bill Pugliano/Getty Images

Documents show US vulture fund has repaid loan used to part-fund Nama deal

Shopping in full swing at Dundrum Town Centre, which attracts 18 million visits a year.  Photograph: Matt Kavanagh

Multinational also confirms deals with Irish chains Poulet Bonne Femme and Kanoodle

Taking off: CityJet now employs more than 900 staff, an 80 per cent increase on 2015

Dublin-based airline shut down services that did not make sense, executive chairman says

 Frank Cushnahan: Bidder Pimco told PAC  it had pulled out of the Nama auction  after  Brown Rudnick sought a £16m fee to be shared with Mr Cushnahan and Belfast solicitors, Tughans. Photograph: Press Eye

Brown Rudnick counters US company’s account of dealings over Nama loan portfolio

Ronnie Hanna: The UK’s National Crime Agency arrested him in Northern Ireland in Junephotograph: Brenda Fitzsimons

Cites arrest in June as reason for inability to appear at Dáil PAC hearing into Project Eagle

Siac Construction: profit before tax was €322,000 in 2015. The company lost €2.775 million the previous year.   Photograph: Chris Ratcliffe/Bloomberg

Irish group and its partner had to apply for court protection from its creditors

Cityjet pilots voted in favour of strike and the Unite union had  set Thursday and Friday, November 24th and 25th, as the first of 13 strike days.

Pilots’ pay dispute to progress from Workplace Relations Commission to Labour Court

SMBC chief executive Peter Barrett: said company borrowed $500 million in July using senior unsecured notes, an important step as the company continued to diversify its sources of funding. Photograph: Brenda Fitzsimons

Aircraft lessor sees profits rise 30% to €135m in six months to end September

CityJet says it has always been prepared to engage with the union Unite over the dispute

Pilots at CityJet’s Dublin base plan to strike on Thursday and Friday in dispute over pay and union issues

 Public Accounts Committee hears Nama did not believe it could sell the loans in a single deal until Pimco offered it £1.3bn in September 2013

Patrick Long of Lazard says auction succeeded as Cerberus paid best price available

Traders work on the floor of the New York Stock Exchange. Photograph: Michael Nagle/Bloomberg

Fears over Italian constitutional referendum and ECB policies keep investors cautious

Iberia will begin flying between the two cities on June 3rd, two weeks earlier than it did this year

Iberia Express to extend summer service between the two cities from June

The British Virgin Islands company which owns the four  Bombardier Q400 NextGen aircraft has been bought by Aergo Capital. Photograph: Pierre Verdy/AFP/Getty Images

Aircraft are on lease to Ethiopian Airlines, and bring Irish aviation company’s fleet to 30

Conor McGregor appears on 24Option’s website and will feature in the company’s promotional material. Photograph: Tom Hogan/Inpho

Cyprus-based online trader 24Option fails to comply with rules

Independent TD Mick Wallace: told Dáil he wrote letter to Nama chairman Frank Daly. Photograph: Dara Mac Dónaill

Letter to chairman Frank Daly ‘latest attempt to discredit’ agency

Independents4Change TD Mick Wallace has made a number of new allegations about the agency’s sale of the Northern Ireland loan portfolio, known as Project Eagle. File photograph: Eric Luke/The Irish Times

TD obtains documents on Project Eagle that claim Cushnahan sought successor fees

Cerberus only told Nama that it had hired Brown Rudnick and Tughans two days before its bid was accepted, as it did not believe the agency’s rules obliged it to give this information

US lawyers Brown Rudnick and Belfast firm Tughans hired for Project Eagle advice

Martin McGuinness at the Public Accounts Committee Project Eagle hearing at Leinster House: “I think they were very, very close, that’s my view.” Photograph: Dara Mac Dónaill

Martin McGuinness tells PAC inquiry into Project Eagle of key players’ relationship

European visitors numbers grew to 36 per cent of the market last year from just 7 per cent in 1970. They also accounted for 36 per cent of spending last year. Photograph: Cyril Byrne

European visitors account for growing share of market

Easyjet chief executive said the budget carrier is likely to apply for an airline licence in ‘another EU country’ to enable it to fly freely in the bloc after the UK’s departure from the EU. Photograph: PA

British airline makes contingency plans ahead of Brexit

Northern Ireland’s Deputy First Minister Martin McGuinness. Photograph: Arthur Allison

Sinn Féin Minister to tell PAC that the Nama sale raises ‘serious’ questions

The Dublin to Los Angeles service will operate daily during peak summer months, with the Chicago route increasing to twice daily and the Orlando route increasing to four times weekly

Transatlantic passengers would be linked up with Ryanair's European services

Ryanair’s Diarmuid Ó Conghaile met with members of the British government to outline the benefits of remaining in the Open Skies system

Aer Lingus parent vows to push for UK to maintain full access to international markets

Pilots at the Irish carrier began limited industrial action in September

Unite accuses company of compounding dispute over issue of union representation

Nama  rejected any suggestion that it did not set out the circumstances of Pimco’s withdrawal accurately. Photograph: Cyril Byrne

Frank Cushnahan wanted fee from Project Eagle bidder, Pimco legal officer claims

Howard Millar took up the position of chief operating officer of the Stellwagen Group in May

Acasta Enterprises commits to putting $100 million into Stellwagen investment vehicle

A Norwegian Air International spokesman said the group’s existing transatlantic flights are operated by Norwegian Air Shuttle, which is separate to the Irish subsidiary. Photographer: Chris Ratcliffe/Bloomberg

Dublin-based Norwegian Air International vow followed photos of Asian crew on flight

Imagine began a High Court action against Motorola six years ago, saying it had failed to deliver a broadband network.    Photograph: Bryan O’Brien

Irish company had sued telecoms giant over alleged failure to provide broadband network

The 35 aircraft  Apollo Aviation is securitising   are leased to carriers such as American Airlines, Virgin and Viva Aerobús. Photograph: Mike Fuentes/Bloomberg

Aircraft finance specialist to manage and service transaction through subsidiary

Pennys, Henry Street, Dublin.  Photograph: Alan Betson

Pennys reports growth as it predicts Brexit bounce

Dublin was Europe’s fastest growing category one airport – those handling 25 million-plus passengers – in the three months ended September 30th

Washington considering opening pre-clearance facilities in Scotland and mainland Europe

Ryanair said it expects to fly more than 119 million passengers in its current financial year. Photograph: Daniel Bockwoldt/EPA

Irish carrier’s profit grows 7 per cent to €1.17 billion in six months to September 30th

WOW air founder and chief executive Skúli Mogensen said Pittsburgh is a destination “on the rise”

Iceland airline added Los Angeles and San Francisco this year: next are New York, Pittsburgh and Miami

Currently crew piloting craft in remote areas give their position by radio to air navigation authorities, but there is no “visual” or radar contact confirming this information or giving precise locations

IAA’s station in Clare will operate the satellite-based system called Alert

Enda Corneille, country manager for Emirates in Ireland, says Dublin Airport needs “a bit of work” before A380s can land there.

As airline increases Dublin-Dubai capacity, Enda Corneille says third terminal inevitable

The pension fund has been the subject of disputes between the ESB and its workers. In 2008, its actuarial deficit – the difference between future liabilities and income – was €1.96 billion.

Pimco selling its interest in asset portfolio with Tetrarch remaining as investor

Standard Chartered boss Bill Winters said the bank’s profits are “not yet acceptable”. Photograph: Simon Dawson/Bloomberg

Worse-than-expected results from Shire and Standard Chartered weigh heavily on FTSE

Aergo chief executive Fred Browne described the appointments as significant for its business.

Appointments bring experience in aviationleasing and finance to company

Heathrow is one of the world’s busiest hubs and handles more than 70m passengers a year. About 80 airlines fly from there to 185 destinations

Extra capacity at Heathrow could open prospect of Irish airports getting more slots at the London hub

US Republican senator Ron Johnson values his shareholding in DP Lenticular at between $250,000 and $500,000. Photograph: Bloomberg

Holding just below 10% – at which US residents must reveal interest in overseas firms

Ireland’s aircraft leasing industry generates more than €20bn worth of transactions every year

Basel IV’s proposed changes could have impact on big players based in Dublin and Shannon such as Gecas, SMBC and Avolon

Seán Reilly’s firm, McGarrell Reilly Homes, has a substantial site in the Pace/Dunboyne area in Co Meath that the council had earmarked for zoning. It   hopes to build there. Photograph: David Sleator

Decision to zone land at Pace could yield housing and commercial opportunities

Former Northern Ireland first minister Peter Robinson: was part of a delegation from Kilmona at the meeting of the Carrickfergus Regeneration Partnership. Photograph: Niall Carson/PA Wire

Former first minister was employed as consultant by Paddy Kearney’s firm Kilmona

The proposed site is close to the M6 motorway. Photograph: iStock

Company expects to finish talks with landowners over €500m project within weeks

State body Transport Infrastructure Ireland paid just over €2 million to Eurolink Motorway Operations last year under a traffic guarantee agreement struck ahead of the road’s construction in 2007. Photograph: Alan Betson

Eurolink Motorway Operations looks after Clonee to Kells stretch of road

Aer Lingus is on track to re-enter the One World Alliance, a broader agreement between carriers that it left while still an independent airline.

The Irish carrier could enter a joint venture similar to that operated by its parent IAG

Private hospital group Bon Secours Health System plans to spend almost €160 million on expanding and upgrading its facilities across the Republic.

Investment to include buying Barrington’s Hospital in Limerick

Cityjet will  fly four European routes for Stobart from Southend Airport in London that could boost traffic there by about 600,000 passengers a year

Companies set to announce ‘deepening co-operation’ with deal on Southend routes

Traders work on the floor of the New York Stock Exchange. A rally in Boeing’s shares helped the Dow reverse course in the early afternoon session, while Apple continued to weigh on the Nasdaq and the S&P 500. Photograph: Brendan McDermid/Reuters

Ryanair, EasyJet and IAG gain ground as C&C climbs ahead of interim results

Dublin-based Avolon boosted available credit by $1 billion and secured $8.5 billion, underwritten by Morgan Stanley and UBS, for the CIT deal

Irish aviation lessor’s $10bn purchase of CIT will result in assets of €43bn and a fleet of 910

The court ruled in August that the council’s decision to refuse the company permission to build 164 new homes near Cabinteely, Co Dublin, was unlawful.

Council argued original planning should not be resubmitted on technical grounds

Janssen Biologicals in Cork: The building was co-engineered by PM Group

Project manager group saw pre-tax profits rise 33% last year to €12.6m

 Martin McGuinness is appearing before the Public Accounts Committee on  November 16th, the day before Mark Neporent, chief operating officer of Cerberus, the New York-based investor that bought the loans, dubbed Project Eagle. Photograph: Dara Mac Donaill / The Irish Times

Public Accounts Committee TDs to query Neporent on €1.6bn loan purchase from Nama

SAS: the airline  began flying in and out of Dublin Airport in April 1966. Since then, it has carried more than 4.5 million travellers on its three routes.

Airline to intensify services between Dublin and Copenhagen, Oslo and Stockholm

Nama’s €1.6bn  sale of its Project Eagle loans has been the focus of several investigations

Nama challenges claims its Northern advisers were given confidential information before sale of Project Eagle loans

A report by C&AG says sale of the loans known as Project Eagle to US company Cerberus could have cost the taxpayer €220m. Photographs: The Irish Times/Getty Images

Nama chief set to reappear before Public Accounts Committee

Nama has insisted Frank Cushnahan never received commercially sensitive or confidential information while he was a member of the agency’s Northern Ireland Advisory Committee. Photograph: Press Eye

Board in North paid towards study of properties used to secure loans held by Nama

Property developers Patrick Crean and Greg Kavanagh sought permission from Dublin City Council to build 86 houses and 270 apartments on playing fields surrounding St Paul’s College secondary school, next to St Anne’s Park in Raheny, Dublin. Photograph: Nick Bradshaw

Controversial plan to build housing on playing fields is shelved for now

Ryanair chief executive Michael O’Leary: agrees that Dublin will need a third terminal but warns that the airport’s manager, State-owned DAA, should not have any involvement in it. Photograph: Remy Gabalda/AFP/Getty Images

Fine Gael gathering told DAA should not have any involvement if facility is built in Dublin

Within the Project Eagle portfolio the top 55 properties accounted for £900m. Illustration: The Irish Times/Getty Images

C&AG report found lack of information deterred potential investors

Ryanair climbed 1.62% to close at €11.32 on Tuesday.

Ryanair climb appears to end tough share period over sterling fall and oil price rises

Minister for Trasport Shane Ross says, “My department’s allocation of €344 million for public transport investment will also ensure completion of the Luas cross-city project, which is the most significant capital project in public transport since the original Luas Red and Green lines opened.”

Passengers to benefit from range of improvements to road and rail projects

Limerick- and Connecticut-based Waypoint has a fleet of more than 135 helicopters on its books. Photograph: iStock

Irish-based lessor announces two separate deals for former CHC craft

Flights at Dublin Airport increased 8.6% per cent on September 2015 to 623 per day. Photograph: iStock

Irish Aviation Authority handled almost 44,000 transatlantic flights in September

The Tower Hotel in Waterford: business is to continue as usual at the Tower

Waterford property will change hands next month

Minister for Finance Michael Noonan fielded questions about the sale of Project Eagle to Cerberus in the Public Accounts Committee. Photograph: Dara Mac Dónaill

Minister for Finance answers questions on Project Eagle at Public Accounts Committee

Project Eagle comprises 500 loans secured on properties in Northern Ireland, the Republic and Britain which Nama sold to US company Cerberus in April 2014. Photographs: The Irish Times/Getty Images

Minister confirms to Dáil committee that Nama chief told him of Pimco’s auction exit

Minister for Public Expenditure Paschal Donohoe said he had looked at what an economy the size of the Republic should be spending on public projects. Photograph: Collins

Government to weigh construction spending priorities next year

CityJet said the industrial action had not affected any of its services

Unite members refuse to work outside rosters as airline plan will hit allowances

Transavia said  that it will begin flying between the Dublin and Munich in Bavaria in southern Germany in early April. Photograph: Getty Images

New route is part of budget airline’s strategy to expand its presence into Northen Europe

The Whitegate oil refinery in Cork. Sales at Phillips 66 Whitegate Refinery Ltd in Cork, bought recently by Canada’s Iriving Oil, fell by $1 billion to $1.7 billion in 2015 from $2.7 billion the previous year.

State’s only refinery was recently bought by Irving Oil, owner of Canada’s biggest refinery

Accounts lodged by Valero Energy (Ireland), the local subsidiary of the US giant behind Texaco, show its sales fell 20% to €1.25bn last year from €1.55bn in 2014

Valero Energy (Ireland) sells motor fuel, home heating oil and owns 50% stake in fuel terminal at Dublin port

 Accounts for Spencer Dock Convention Centre Dublin show that the company grew turnover by 158 per cent to €22.7 million last year from €19.3 million in 2014. Photograph: Matt Kavanagh

CEO Nick Waight says business saw strong recovery in 2015 after challenging year

Cobh harbour, Cork: Port of Cork is leading a consortium to buy the 114-acre Irish Fertiliser Industries’  facility at Marino Point, closeby, from the National Asset Management Agency  to redevelop as a facility to handle oil and farming products.  Photograph: Roy Rainford

Consortium withdraws notice to Competition and Consumer Protection Commission

Jean-Marc Janaillac, CEO of Air France-KLM: the airline serves three Irish airports – Dublin, Belfast and Cork. Photograph: Eric Piermont/AFP/Getty Images

Airline hoping to lure passengers seeking to travel further afield

Michael O’Leary and  Willie Mullins: Few in Irish racing would be surprised  if the partnership were reformed. Photograph: Dan Sheridan/Inpho

Gigginstown House Stud, driven by results on the horse track, is willing to switch trainers

Comptroller and Auditor General  Séamus McCarthy’s report highlighted the fact that potential bidders were put off by the restricted information that Nama provided on the loans

Analysis: C&AG made clear that aspects of the sale were concerning

Aireon’s deal with Qatar will provide the airline with flight-tracking information on its craft, including origin, destination, route and position. Photograph: AP

Irish Aviation Authority has 6% stake in firm which will provide precise aircraft tracking

The work-to-rule action means that pilots will not switch from one scheduled flight to another should Cityjet require them to do so.

Irish Cityjet crew and pilots, represented by Unite, reject pay offer

The Beacon Hotel in Sandyford, Dublin, which has been sold along with the Morgan and the Spencer hotels. Photograph: Matt Kavanagh

Dublin hotels Beacon, Morgan and Spencer sold to three businessmen for over €150m

US authorities have named a number of Irish-based individuals in connection with Pacnet, the group sanctioned for allegedly laundering money from mail fraud schemes involving lottery payments and psychic predictions

Alleged money laundering scheme involved lotter payments and psychics

Clerys clock: Dublin City Council’s planning scheme for the  area includes  re-establishing it as a place of social and cultural importance and where workers have fair conditions. Photograph: Dara Mac Dónaill / The Irish Times

OCS Properties must detail how it will ‘promote local employment opportunities’

Nestlé’s new  Honeycomb Crunch: Nestlé fell 1.7 per cent as analysts said a company presentation  suggested organic sales growth may be lower than expected.  Photograph: Nestle/PA Wire

Indications that Europe’s recovery is struggling and lenders lead slide across markets

Aircoach, owned by British multinational First Group,  employs 191 people whom it pays an average of €39,300 each. Photograph: Frank Miller

State company pays average of €48,819 while rivals pay between €30,000 and €39,000

Trading error had no impact on Ryanair shares, which ended the day in Dublin up 0.16 per cent at €12.70. Photograph:  Thierry Roge/Reuters

Broker involved was trying to buy 34m Bank of Ireland shares

Competition regulators have approved seed and agrichemical distributor Goldcrop’s takeover of rival Croplink.

Merger of two firms will not ‘substantially’ lessen competition, regulator decides

Dublin Airport drew criticism from airlines such as Ryanair when it was building its second terminal and proposals for a third facility are likely to involve a similar row

Last year’s record of 25m passengers set to be broken and new €320m runway is planned

Limerick City and County Council’s chief executive Conn Murray: he said over the last three years, multinationals have committed to creating 7,800 jobs in Limerick. Photograph: Liam Burke/Press 22

Jobs announcement expected as scheme targets city centre sites for rejuvenation

Shane Ross, Minister for Transport: he has announced €2.7 million in funding for regional airports to boost security and safety. Photograph: Bryan O’Brien / The Irish Times

Payments included €157,000 in April but passenger services stopped in June

Chairman of Nama Frank Daly (left) and Minister for Finance Michael Noonan. In a letter to Mr Noonan, Mr Daly said department officials expressed surprise about the C&AG’s lack of knowledge of the loan sales.  Photograph: Eric Luke

In a letter to Noonan, Daly said department officials expressed surprise about C&AG staff

More articles