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Wed, Nov 8, 2017

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Tim Husbands, soon to relocate to Westport, Co Mayo Titanic boss jumps ship for Hotel Westport
  • Transport & Tourism
  • November 8, 2017, 18:57

Tim Husbands credited with helping Titanic Belfast to win major tourism award

A man-made river used to dry up forest peatland is seen in Kuala Cenaku, Riau Province  in Sumatra Island, Indonesia File photograph: Dimas Ardian/Getty Images Paradise Papers: Leaked records reveal offshore companies’ role in forest destruction
  • Business
  • November 8, 2017, 17:55

How lawyers and big banks help one of Asia’s largest paper companies expand despite poor environmental record and social conflicts

Ryanair announced details of its summer 2018 schedule from Belfast International Airport on Wednesday. Ryanair to reinstate Belfast-London service a month early
  • Transport & Tourism
  • November 8, 2017, 17:43

Route was one of a number suspended for winter months following rosters mix up

Attendees at the Web Summit in Lisbon. Inside Business podcast: Global tax debate an awkward one for Ireland
  • Business
  • November 8, 2017, 17:33

‘It might be legal there, but that’s because very little is illegal there’

The Four Courts. The Court of Appeal overturned a High Court finding that a son of one of Shannon’s former owners, Joseph Stanley senior, was not covered by a four year time limit for assessing him for CAT over a 2007 transfer of the father’s assets to his sons.  Court ruling means family member won’t have to pay acquisitions tax
  • Construction
  • November 8, 2017, 16:41

Decision centres on transfer of father’s Shannon Homes assets to son

The Gibson Hotel, in Dublin’s north docklands, was recently put up for sale with an €87 million price tag by receivers. Regulator to investigate Dekabank’s planned takeover of Gibson Hotel
  • Commercial Property
  • November 8, 2017, 16:11

German group recently emerged as likely buyer of former Harry Crosbie property

The migration of Hailo to MyTaxi hasn’t been as seamless as the company hoped with both customers and drivers expressing frustration over missed bookings, car shortages and so on. MyTaxi chief says Hailo change could have been ‘handled better’
  • Technology
  • November 8, 2017, 15:45

Web Summit: €2 booking charge was introduced to attract drivers

Bono and the Irish property investor Paddy McKillen were shareholders in Nude Estates Malta Ltd Bono ‘extremely distressed’ if investment broke tax laws
  • Business
  • November 8, 2017, 14:24

Paradise Papers: Lithuanian authorities examining property that U2 front man was a ‘passive investor’ in

Minister for Finance Paschal Donohoe: defended help-to-buy scheme for first-time house buyers amid a sustained attack from Opposition politicians. Donohoe delays committing to vacant home tax
  • Financial Services
  • November 8, 2017, 13:38

Measure entails significant legal and social complexities, Minister for Finance says

Businessman Denis O’Brien at the Moriarty tribunal in 2007. Photograph: Alan Betson Paradise Papers: Cab sought files in 2015 on O’Brien-Lowry transactions
  • Business
  • November 8, 2017, 13:31

Isle of Man branch of AIB was approached for assistance in 2015

Bahrain. Aer Rianta International, which is a subsidiary of DAA, runs Bahrain Duty Free and owns a stake of less than 2 per cent in the quoted company. Irish-run Bahrain Duty Free earns €13m profits
  • Retail & Services
  • November 8, 2017, 13:23

Retailer says growth due to upgrage of shops

Uber said its short-haul airborne service would help alleviate transportation issues in urban centres. Uber to launch short-haul airborne service
  • Transport & Tourism
  • November 8, 2017, 12:07

Web Summit: Ride-sharing firm to introduce vertical take-off and landing vehicles

‘Ambitious’ campaign: EBU director-general Noel Curran. Photograph: Bryan O’Brien European public service broadcasters unite for ‘Keep Media Good’ campaign
  • Media & Marketing
  • November 8, 2017, 12:00

Eurovision organiser EBU, led by Noel Curran, sends message amid industry upheaval

Plynk announced its first international expansion, into Portugal, at the Web Summit, which is taking place this week in Lisbon. Plynk launches money-messaging app at Web Summit
  • Technology
  • November 8, 2017, 11:58

Dublin-based payments start-up targeting app primarily at younger consumers

Aylien chief executive Parsa Ghaffari said the firm had enjoyed “phenomenal growth in traction and team size”. AI company to create 70 jobs following €2m investment
  • Technology
  • November 8, 2017, 11:42

New jobs will include opportunities for software engineering, product management, sales and marketing

Limerick city. Residential property prices outside of Dublin are 29.9 per cent lower than their May 2007 peak. Cost of housing in Dublin up 87% since bottom of market
  • Economy
  • November 8, 2017, 11:25

Increase has accelerated with prices rising 12.8 per cent over past 12 months

Jozsef Varadi, CEO, Wizz Air, (left) and Steve Udvar-Hazy, executive chairman, Air Lease Corporation, speaking at the annual Global Airfinance Conference in the Convention Centre Dublin. Photograph: Dara Mac Dónaill / The Irish Times Wizz Air lifts outlook but shares lose altitude
  • Transport & Tourism
  • November 8, 2017, 11:20

Eastern Europe-focused carrier has withstood the pressures in the aviation sector

Britain’s official statistics agency said in August that net migration fell to its lowest level in three years. Brexit forcing UK firms to offer higher pay
  • Economy
  • November 8, 2017, 11:05

Stronger wage growth could add to the case for further rate hikes by Bank of England

John (left) and Patrick Collison, co-founders of Stripe. Collison brothers’ Stripe invests in UK bank
  • Financial Services
  • November 8, 2017, 10:34

Monzo has raised £71m in a funding round after several investors backed the bank

Nissan has led Japanese automakers in China sales this year, having sold 1.17 million units in the first 10 months of the year. Nissan cuts profit outlook on inspection scandal
  • Transport & Tourism
  • November 8, 2017, 09:06

Automaker had suspended domestic production of vehicles for the Japanese market

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