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Property developer Sean Dunne has filed for bankruptcy in the US, which Ulster Bank says is the “culmination of extraordinary efforts” by him to “avoid the application of Irish law to an Irish national with respect to Irish debts and Irish assets”. Photograph: Bryan O’Brien Ulster Bank seeks parallel bankruptcy against Dunne

Bank claims property developer is trying to avoid effect of Irish proceedings

John Dixon, Ernst & Young’s head of tax, gives evidence the House of Commons Public Accounts Committee inquiry into Google’s tax affairs. Photograph: PA/PA Wire Ireland might be wise to look more closely at Google

Analysis: Scrutiny of the web giant’s tax affairs may have serious knock-on effects

Neither of the gas interconnectors with Britain, built at a total cost of €600 million, can be used to export gas from here, as when they were built in 1993 and 2003 the Government was focused on securing supplies to meet high projected demand. Photograph: Christopher Furlong/Getty Images Bord Gáis Networks considers €200m cost of interconnectors

Pipes that import 90% of gas used here not designed to allow exports to Britain

Jurys Inn is undertaking a £25 million refurbishment and renovation of its estate that includes a 150-room extension to its Islington hotel in London. Photograph: Adrian Brown/Bloomberg News Interest bill pushes improving Jurys Inn into loss

Refinancing of debt ‘sufficient’ to finance group activities for foreseeable future

Minister for Finance Michael Noonan has given IBRC’s liquidators until midnight on November 30th to conclude the valuation process on its €27 billion loan book, and until December 31st to have agreed or completed the sale of assets in the bank. Photograph: David Sleator IBRC liquidators given more time to value and sell €27bn in loans

€1.2bn mortgage book will go on market in August or September

The amount of credit outstanding among SMEs contracted by €1.3 billion between December 2010 and the same month of 2012 to €23.14 billion. Photograph: Alan Betson One in four SME applications for credit turned down

DKM report for Irish Bankers Federation says rate of rejection is falling

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Chris Hadfield’s use of social media made space seem less alien

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Business News

Crowley Carbon chairman Norman Crowley says businesses in Ireland spend about €2.6 billion a year on heating oil and gas. Photograph: Dara Mac Dónaill Carbon Crowley promises major savings on energy costs for business

Irish company launches innovative new boiler technology

Increased human longevity was putting enormous pressure on governments in relation to pensions, Nick Shery said. Photograph: Getty Images Young Irish bearing brunt of pension crisis, says Australian pension reformer

Elderly need to look to fairer allocation of resources, says former politician

Microsoft is expected to unveil a new console integrated more closely with TVs and mobile devices early next week. Photographer: Andrew Harrer/Bloomberg New Xbox means more than games to Microsoft

Eagerly awaited console expected to have closer integration with TVs and mobile devices

Property developer Sean Dunne has filed for bankruptcy in the US, which Ulster Bank says is the “culmination of extraordinary efforts” by him to “avoid the application of Irish law to an Irish national with respect to Irish debts and Irish assets”. Photograph: Bryan O’Brien Ulster Bank seeks parallel bankruptcy against Dunne

Bank claims property developer is trying to avoid effect of Irish proceedings

Dublin's IFSC Ireland’s top 10 directors: The people who hold the most positions in live companies

Paddy Power chief executive Patrick Kennedy stressed that the cost of the licence and the size of the US market would be key criteria when it comes to deciding whether or not to invest there. Photograph: Alan Betson Cantillon: Paddy Power hedging its bets on US gamble

Company watching developments as US states look to legalise online betting

Neither of the gas interconnectors with Britain, built at a total cost of €600 million, can be used to export gas from here, as when they were built in 1993 and 2003 the Government was focused on securing supplies to meet high projected demand. Photograph: Christopher Furlong/Getty Images Bord Gáis Networks considers €200m cost of interconnectors

Pipes that import 90% of gas used here not designed to allow exports to Britain

There may not have been a particularly pressing case for developing a two-way interconnector, but it was arguably short-sighted not to give it more consideration. Photograph: Christopher Furlong/Getty Images Cantillon: One-way interconnector points to scepticism over prospects for Irish gas exploration

It appears little thought was given to the idea that gas might one day flow from the State to Britain

John Dixon, Ernst & Young’s head of tax, gives evidence the House of Commons Public Accounts Committee inquiry into Google’s tax affairs. Photograph: PA/PA Wire Ireland might be wise to look more closely at Google

Analysis: Scrutiny of the web giant’s tax affairs may have serious knock-on effects

Former president of Caja Madrid Miguel Blesa is the first top financier detained in Spain since the financial crisis began. Photograph: Reuters/Sergio Perez Spanish judges hold former Caja Madrid chief in jail

Move on senior financier a signal of intent to pursue those behind bank collapses

Popular in Business

Ireland might be wise to look more closely at Google
Ulster Bank seeks parallel bankruptcy against Dunne
New Xbox means more than games to Microsoft
Bord Gáis Networks considers €200m cost of interconnectors
Carbon Crowley promises major savings on energy costs for business

Opinion & Analysis

Google’s Matt Brittin: questioned in the UK parliament Cantillon: Squaring up to multinationals in the corporate tax debate
Insolvency Service of Ireland director Lorcan O’Connor: “If we don’t get the practitioner bit right the system won’t work.” Photograph: Eric Luke New insolvency regime: a windfall or a headache for professionals?
One more thing: AerLingus ADRs take off

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