Wall Street on Friday: financials fell 1.14 per cent, the biggest losers, while industrials were flat. Photograph: Brendan McDermid/Reuters

On Wall Street Goldman Sachs fall for first time in four days, weighing most on the Dow

Food company Glanbia was down close to 3 per cent on today’s Iseq. Photograph: Dylan Vaughan

Losses in technology stocks in New York drag down Nasdaq and S&P 500

Sending revenues to Ireland would allow Ronaldo to pay 12.5% on profits, as opposed to 43.5% in Spain. Photograph: AFP

Real Madrid star appears to have used Irish image rights firm to conclude contracts

Financial adviser Eddie Hobbs who launched the geared property investment fund Brendan Investments to the masses in 2007. Photograph: Eric Luke

Caveat: Property fund Brendan Investments raised almost €13m from small investors

Robert Pitt, chief executive of INM, and Leslie Buckley, chairman of INM. Photograph: Alan Betson

Issues arose over Independent News & Media bid for station owned by Denis O’Brien

Mr Justice McGovern said Nualtra could have taken another route, such as asking the court to rule on documents

Aymes International describes bid to force cross-examination of Roger Wertheim Aymes as ‘intolerant and intemperate’

INM said CEO Robert Pitt was “fully committed to his role”.  Photograph: Bryan Meade

Chief executive Robert Pitt said to be at odds with chairman Leslie Buckley

Brereton Jewellers’ flagship outlet on Grafton Street, Dublin, which opened in 2012. Photograph: Cyril Byrne

Dublin jewellery group is rebranding and will launch ‘ring-builder’ service next year

PrePayPower is rolling out smart electricity meters which, when twinned with an upgraded app, can be topped up directly from a smartphone.

Pay-as-you-go electricity provider on course for growth of about 12 per cent in 2016

Intel Ireland’s  latest planning application is for a smaller facility than the one for which it got permission in 2013. Photograph: Dave Meehan

Co Kildare plant seeks to stay in race for $4 billion manufacturing facility

 Supermac’s chief Pat McDonagh: “The process of developing a hotel is hard. It’s too long, too cumbersome. Certain people just try to block everything.”

Caveat: Trigger-happy An Taisce making it difficult to address this chronic shortage of beds

Barnardos chief executive Fergus Finlay:  said “any suggestion that we are supported by the Matheson Foundation is completely wrong”. Photograph: Alan Betson

Matheson Foundation claims to have donated to Temple Street and Barnardos

Kingspan is one of the Irish companies that would be expected to benefit from a stimulus programme in the US

FBD up 5% in Dublin as insurer continues to benefit from plans to help reduce costs of claims and bring down premiums

Supermac’s on O’Connell Street, Dublin: After-tax profits at the group doubled to €14 million last year.

Founder Pat McDonagh completes windfall by selling property worth €27m to company

Kendrick Investments held 99 per cent of Topaz   prior to its sale to Couche-Tard. Photograph: David Sleator

Settlement subject to payment being made to O’Brien’s Kendrick Investments, court hears

Changing outlook: a security agent at the US Federal Reserve in Washington DC. Photgraph: Shawn Thew/EPA

Donald Trump’s strategy expected to raise debt demand and lead to higher interest rates

Bank of Ireland rose 4.2 per cent,  on the back of hopes red tape around the sector might ease. Photograph: Bryan O’Brien

Dow Jones hits near-record over speculation in relation to Donald Trump’s policies

Businessman Declan Ganley has alleged the Red Compartida process is being fixed in favour of other bidders. Photograph: Brenda Fitzsimons

Networks company expects to get decision on emergency legal bid next week

McDonald’s Restaurants of Ireland recorded a 10 per cent increase in after-tax profits to €10.4 million, according to its 2015 accounts. Photograph: AP Photo/McDonald’s Corp.

Irish master franchisor’s turnover rises 5 per cent as number of outlets grows to 77

Why are we charged a Paddy Levy by  British  online retailers?

With items as much as 20% more expensive online, rental costs are simply no excuse

PrePayPower has more than 100,000 electricity customers  but said it would be more cautious on its rollout in the gas market. Photograph: Christopher Furlong/Getty Images

Provider plans to put gas offering to existing electricity customers over coming months

Anglo promissory notes have been replaced with government debt held by the Central Bank. Photograph: Matt Kavanagh

NTMA announces it acquired bonds due to mature in 2043 and cancelled them

Inbound tourism from the US reached an all-time record this year, up more than 15%  to almost 1.4m   over the first nine months

Fáilte Ireland urges industry to seek more growth from continental Europe

The perennially popular Lucozade is being rebranded into Lucozade Zero, a sugar-free version of the glucose drink. Photograph: Frank Miller

Commercial decision has nothing to do with State tax on sugary drinks, says company

Declan Ganley says he will sue the Mexican state after he alleged his Rivada Networks company is being squeezed out of the bidding process for a $7bn network contract in the Latin American country.

Businessman alleges ‘stitch up’ involving hijackers over Rivada Networks bid

The number of staff directly employed by Google Ireland last year increased 6% to nearly 3,000. The company says it also employs about 3,000 contractors on its Irish sites.

Sales up 23% while after-tax profits jump 72% as “Google Network” partners sign up

The hotel did not release its turnover  but it signalled “substantial growth” in room revenues and “steady growth” in its bar and restaurant sales

Hotel reports profit of more than €1.3m compared with just €28,000 a year earlier

Smyths Toys group will open its 70th British store on Saturday, at Crayford in London. Photograph: Frank Miller

Galway-based company now among the State’s largest indigenous retailers

Stoppelman pulled the plug on the future of its Dublin operation in a conference call with institutional analysts. He rattled it off like he was reading the ingredients off a box of wholegrain wheat snacks. Photograph: Jim Young/Reuters

Caveat: Chief executive Jeremy Stoppelman delivered the news in a cold, insensitive manner

CEO of Eir Richard Moat. He  said it was a positive set of results, with the company  on track to meet its full-year guidance

Telco reports Q1 revenues up and is on course to meet full-year guidance

Yelp, which recorded net income growth of 30 per cent in the third quarter, declined to clarify the precise impact on its Dublin office. Photograph: Jim Young/Reuters

Online review platform announced the creation of 100 jobs in Dublin only two years ago

Hines beat off five other bidders for the Central Bank building on Dame Street in Dublin.

US firm thought to have agreed price close to €65 million asked for Dame Street building

Frank Gleeson, managing director of Aramark Northern Europe, Aramark wellness ambassador and athlete Natalya Coyle and Freshii Ireland master franchise holder Dave O’Donoghue

Aramark signs deal with fresh food franchise with plans for more than new 10 Irish outlets

Urban Volt founders Declan Barrett, chief commercial officer, chief executive Kevin Maughan and Graham Deane, its chief operations officer. Photograph: Naoise Culhane

Recent feature in ‘New Yorker’ leads to inquiries from potential US customers

Gardaí and protesters outside the Corrib gas terminal site in Bellanaboy, Co Mayo in October 2006. Photograph: Niall Carson/PA

Investment estimate cut from €1bn to €300m as Corrib protests deemed problematic

Apple chief executive   Tim Cook: the tech giant wants to build up to eight data halls on a 500-acre wooded site, currently owned by State agency Coillte, outside Athenry. Photograph: Eric Luke/The Irish Times

Tech giant wants to avoid delay of up to 18 months over objections to Athenry facility

Traders work on the floor of the New York Stock Exchange:  US stocks rose from a six-week low amid an increase in deal activity as traders assessed the outlook for the presidential election and interest rates in the world’s largest economy. Photograph: Michael Nagle/Bloomberg

US equities rise slightly despite investor caution ahead of presidential election

The water tower in Flint, Michigan. Accounts for 2014 filed by BIPEP show the company estimated the bill for “remediation works . . . concerning lead-based paint on all occupied homes” on the orders of local authorities. Photograph: Rebecca Cook/Reuters

Brendan Investments investors hit with costs of €450,000 over Michigan lead water crisis

Bill Cullen in his new showroom on Naas Road: has an eternal passion for business. Photograph: Eric Luke

As a survivalist entrepreneur, Bill Cullen is admirably irrepressible

 Horses pictured on  the site in Derrydonnell near Athenry,  Co Galway where Apple plans to  build a European data centre. Photograph: Aidan Crawley

Planning objections imperil tech giant’s planned €850 million investment

Dublin Tourism Business Association chief executive David Brennan said he has detected a feeling among some tourism businesses in the capital that they are “not being listened to” by policymakers. Photograph: Aidan Crawley

Group seeks members amid criticism of State-backed branding initiative for city

A consortium led by Declan Ganley’s Rivada Networks is in a two-horse race for a public contract to build a $7 billion new mobile phone network in Mexico. (Photograph: Brenda Fitzsimons / IRISH TIMES)

Declan Ganley consortium in two-horse race for contract to build 4G wholesale network

John Brennan, chief executive of Amaris Hospitality, which owns Jurys Inn:  the Irish hotel market continues to perform strongly in 2016. Photograph: Eric Luke

Group owned by US private equity firm Lone Star has Jurys Inn at centre of its portfolio

The Maybourne group – comprising the luxury London hotels Claridge’s, the Berkeley and the Connaught – netted Belfast developer Paddy McKillen £3.5 million last year. Photograph:  Yui Mok/PA Wire

Payment suggests claim property developer had arrangement with Qatari investors

Apple’s concern: The tech giant announced its intention to build the data centre in Athenry in February 2015, the same day that it also announced a similar investment in Denmark. Work is already underway on the Danish facility. Photograph:  Mike Segar/Reuters

Locals apply for judicial review following green-light from An Bord Pleanála

Ryanair chief executive Michael O’Leary: His outbursts are tailor-made to court controversy  but even   journalists   who fawn over him didn’t allow his charms to prevent them reporting on his airline’s profit warning that suggested   as much as €75 million could be wiped off its earnings due to Brexit. Photograph: Toby Melville/File Photo/Reuters

Both detraction and support of Ryanair boss’s rants show little more than prejudices

The Irish Management Institute: The college and UCC have agreed the terms of the merger, six years after a previous attempt failed because of the institute’s pension deficit.  Photograph: Brenda Fitzsimons

Proposed €20m deal would see institue becoming wholly-owned subsidiary of college

Terra Solar develops solar farms using technology designed to make the most of Ireland’s overcast conditions; they produce less power than panels designed for brighter environments but generate better efficiency from the power cells. The photograph shows a solar farm in Cornwall, southwestEngland. Photograph: Matt Cardy/Getty Images

Fresh capital doubles valuation of overcast conditions focused energy firm Terra Solar

Traders in the stock exchange in Frankfurt. Zalando and Carrefour led the region’s retailers higher after the German online company raised its profitability forecast and the French grocer reported sales that beat projections. Photograph: Reuters

British equities reverse losses as retailers put in strong performance

An Taisce argued the scale was “grossly excessive” and said it was inappropriate for “the historic medieval setting of St Patrick’s Cathedral”. Photograph: Eric Luke

An Bord Pleanála said the project would be an overdevelopment of derelict Coombe site

In its last financial year, C&C returned €115 million of cash to shareholders through dividends and stock buybacks. Photograph: Bryan O’Brien / The Irish Times

Cider and beer maker seen posting flat earings in current year as sterling weighs

The company behind the Topaz fuel and convenience store chain is suing a Dublin-registered company for €4.7m over alleged failure to complete a share purchase agreement. Photograph: Dave Meehan

Kendrick Investments seeking €4.7m from Circle K Holdings over Dublin Port assets

Minister of State for Financial Services Eoghan Murphy said the international school could be put in Minister for Public Expenditure Paschal Donohue’s constituency, Dublin Central. Photograph:  Brian Lawless/PA Wire

Plan to offer international baccalaureate in new Dublin school to help tempt firms from London post-Brexit

On Wednesday night, Usain Bolt tweeted a picture of himself with Digicel founder Denis O’Brien, Digicel group chief executive Colm Delves, and Digicel’s regional Caribbean chief Vanessa Slowey. ‘Just chilling with the big boss himself,’ tweeted Bolt.

Founder of lobbying firm files defamation claim over Sunday Independent coverage

 New York Stock Exchange: power companies  the only group to advance. Photograph: Michael Nagle/Bloomberg

Prospect of increased regulatory costs for Irish banks a possible reason for share falls

Vacant centre bought from company linked to Lithuanian retail magnate Nerijus Numavicius

U2 perform at the 3 Arena. The Live Nation-controls the companies that run the venue saw profits rise 75 per cent. Photograph: Eric Luke

Firm linked to Electric Picnic made trading profit of nearly €1m

Minister for Finance Michael Noonan promised a new “SME-focused” regime in budget speech, but opted to delay its introduction  until Budget 2018

Exporters say budget did not do enough to back Irish firms’ ability to compete abroad

Traders work at their desks in front of the German share price index, DAX board, at the stock exchange in Frankfurt, Germany. Deutsche Bank rebounded 3.4 per cent.

Drugmaker Malin climbs 7% after announcing boost to management

There appears to be a sense emanating from within Tesco that it has laid the foundations for an improved run at the market in Ireland. Photograph: Luke MacGregor/Reuters

Every little helps as multinational grocer reports third straight quarter of sales growth

Traders  on the floor of the New York Stock Exchange. Twitter shares plunged 21 per cent after technology news website Recode said Disney and Alphabet were not in the race for the company. Photograph: Brendan McDermid/Reuters

UK stocks fell slightly but managed to remain near their record high levels

Clerys workers Emily McDermott  and her daughter Nathania, from Donaghmede , at a  demonstration in support of Clerys workers on O’Connell Street, Dublin, last year

‘Interest and fees’ payment to Gordon Brothers was six times larger than previous one

The euro has risen almost 2 per cent since the weekend to a five-year high of 88.4p on Wednesday

Currency has surged 16% against sterling since Brexit vote and talk of ‘hard’ exit

Tesco said it was on track to deliver profit of £1.2 billion for the full year. Photograph: Nick Ansell/PA Wire

Supervalu still market leader as Lidl and Aldi attempt to lure shoppers from British grocer

Clerys department store, which closed in controversial circumstances in June 2015. Photograph: Aidan Crawley

Payment recorded as ‘interest and fees’ was nearly six times larger than in previous year

Financial statements recently filed reveal that 80 per cent of Natrium, the company that bought Clerys on the eve of the store’s closure, is vested in an Icav.

Majority of shuttered Dublin store owned by collective asset vehicle

Rio Olympics silver medallists Gary and Paul O’Donovan with BWG chief executive Leo Crawford at the group’s conference in Killarney for Spar/Eurospar operators and franchisees. Photograph: Don MacMonagle

BWG chief Leo Crawford says group to focus on fresh food, innovation and digital trends

 PwC offices in Dublin Docklands:  81 per cent of those it surveyed believed red tape is the greatest threat to growth. Photograph: Nick Bradshaw

Third of 50 insurance leaders surveyed by PwC and Insurance Ireland fear effect of new rules

MyHome found that average asking prices in Dublin were €327,000 but €232,000 nationally. The number of houses for sale was down 2.6% to just under 23,000

Two quarterly reports from MyHome and Daft show prices rising but supply drying up

The K Club:  it recently doubled the number of bedrooms to 140, it  hosted the Irish Open last year, which will have raised its profile, and tourist numbers are up. Photograph: Eric Luke / The Irish Times

Operating loss falls to €2.4m from €3m and turnover rises to over €13.2m

Richard Moat, CEO of Eir: there are clear signs he will intensify Eir’s focus on selling its products, after a period when it was very much focused on upgrading its network. Photograph: Aidan Crawley

Moat continues to ring the changes with management and divisional restructuring

The Doubletree by Hilton will be renamed the Clayton Burlington Road. Photograph: Dara Mac Donaill / The Irish Times

Listed hotel operator will take on 25-year lease for €2.5m in deal to close in November

Tourism is responsible for one in eight jobs in the State and is worth an estimated €7.3 billion to the economy. Photograph: Bryan O’Brien

Tourism is an engine of the economy but road trip shows it needs some fine-tuning

Man-made treasures such as the Great Western Greenway in Mayo pulls scores of walkers and cyclists to the region. Photograph: Michael McLaughlin

Ireland is blessed with a priceless natural resource in tourism terms – its people

Some of the larger boats on the Shannon cost upwards of €2,000 to hire weekly in high season. Photograph: Bryan O’Brien

As I complete the last leg of my Irish tour it’s obvious that other parts of Ireland would benefit from branding

The replica emigrant sailing ship the Dunbrody in New Ross Co Wexford after her launching yesterday. PHOTOGRAPH - FRANK MILLER 11.2.01 The replica emigrant sailing ship the Dunbrody in New Ross Co Wexford after her launching yesterday. PHOTOGRAPH - FRANK MILLER 11.2.01

In the second of a three-part series in which we speak to tourist businesses, we visit Waterford, Kilkenny, Wexford and Meath

Tullan strand in Bundoran, Co Donegal, which has become one of Europe’s surfing hotspots.

The first of a three-part series in which we speak to tourist businesses around Ireland

Photograph: iStock

How to Be a Man: I don’t have the tools or experience to teach my girls how to become women, but I can teach them about men

UK supermarket stocks slumped after the British arm of Aldi said it will invest £300 million in store revamps following another year of record sales. Photograph:  Daniel Leal-Olivas/AFP/Getty Images

Iseq in Dublin falls 1.5 per cent on a difficult day for many of the index’s leading stocks

Lidl staff members take part in a quiz show as part of a large multi-day event in which the German supermarket chain launched a new approach to customer service.

Caveat: Nearly 5,000 staff from across Ireland attend US-style gathering on how they may change their approach

A special tax break brought in to boost the tourism industry is being utilised by the corporate caterers to multinationals such as Apple, Google and Facebook, while at the same time it is being denied to many genuine tourism businesses.

The reduced VAT rate is denied to many genuine tourism businesses

Clerys in O’Connell Street, Dublin. The wind-up of the store’s operating company OCS Operations has been delayed by legal proceedings, says KPMG. Photograph: Dara Mac Dónaill

Report prepared on alleged conduct of Clerys directors prior to liquidation

Greenman’s  Income Pro AIF, which is financed by wealthy Middle Eastern investors, has bought a hybrid centre in Berlin from Edeka, the largest supermarket group in Germany, for €30 million. Photograph: Getty Images

Greenman Investments has been in acquisition mode for more than 18 months, and says it intends to continue its buying spree

The Burberry  show at London Fashion Week: the stock climbed 3.6 per cent with analysts saying investors appeared to be reacting favourably to its “see now, buy now” collection at the fashion week. Photograph: Jeff Spicer/Getty Images

Britain’s top shares index rose, lifted by gains in consumer goods from Burberry to Tesco

The year’s strongest performing industries in the S&P 500 – energy, phone and utility and raw-materials companies were the biggest losers in Friday’s trading.  Photograph: Michael Nagle/Bloomberg

US stocks fall most since Brexit after Federal Reserve signals possible interest rate rise

The funniest thing I read this week about the Dublin Bus strike was that the company’s Ghost Bus tour was cancelled. I deal with “ghost buses” every day. Photograph: Colin Keegan, Collins Dublin

I now expect the service’s ‘real-time’ boards to be complete works of fiction

Gary Palmer, chief executive of the Irish Debt Securities Association (IDSA), suggested the international funds that are heavy buyers of Irish property loan portfolios may factor in the closure of the tax loophole when pricing their bids.

Minister for Finance shut down the loophole used by so-called vulture funds to cut tax bills

Shaun Quinn, the chief executive of Failte Ireland, said the fund received applications “from every corner of the country” and the level was higher than the agency had anticipated. Photograph: Alan Betson

Applicants to be assessed on potential to boost overseas visitor growth and create jobs

Bank of England governor Mark Carney has said the risk of a recession has receded because of the bank’s actions after the Brexit vote.

UK stocks advance as Bank of England governor says recession risk has receded

Former Ryder Cup captain Paul McGinley talks to Aisling Dodgson, head of treasury, at Investec at the Women in Leadership meeting in Dublin on Tuesday hosted by the Dublin Chamber of Commerce. Photograph: Conor Healy Photography.

Ryder Cup captain in 2014 outlines ‘manoeuvres’ which helped him land coveted role

Coca-Cola  CEO Muhtar Kent. Photograph: Brenda Fitzsimons

Global business forum held in Dublin ahead of college football game

Paddy Cosgrave who moved the Web Summit from Dublin to Lisbon. Photograph: Eric Luke

Event moved due to high room rates in Dublin but Portuguese prices look similar

Martin Zielke, chief executive officer of Commerzbank: the bank rose 2.2 per cent, leading gainers on Germany’s DAX. The stock was supported by news the bank and its r rival Deutsche Bank recently explored   merger prospects. Photographer: Martin Leissl/Bloomberg

European shares weighed down by pharma and oil, while Irish recruiter CPL is up 3.2%

Blaine Callard, chief executive of the retailer’s Irish operations, said it is planning further expansion here after confirming its intention to open a 14th store in west Dublin. Photograph:  Alan Betson

Australian group’s Irish operation achieves profit after entering market 13 years ago

The Crowe Horwath study shows the standard industry metric of revenue per available room (RevPar) was €65.52 on a national basis in 2015

Returns up across the country, with Dublin hotels earning €16,913 profit for every room

Stephen Rae, editor-in-chief of INM, said that while production will be outsourced to PA, the process will continue to be “be managed by our editorial team at Talbot Street in Dublin”

Independent News & Media seeking 14 layoffs although staff fear close to double that will lose their jobs

Fáilte Ireland tenders for company to help market ‘Ireland’s Lakelands’

Robert Pitt, CEO at Independent News & Media (INM): “We are not looking for small start ups. We are not looking for turnarounds”

Analysis: Independent News & Media chief will find it is a competitive world out there

INM chief executive  Robert Pitt says outlook   continues to be challenging

Media group first-half results show fall in print advertising revenue offset by jump in digital

Blackstone paid €67 million for the former Burlington Hotel in 2012. Photograph: Dara Mac Dónaill

Caveat: Built in the 1970s, the Burlo's huge functions became the stuff of legend

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