Average amount loaned to first-time borrowers increased slightly to €172,199 in third quarter

House buyers borrowed €1.23bn during three months to end of September

“It is clear to me that the GalaCoral and Playtech shareholders are the big winners here with Ladbrokes shareholders once again paying the price of management ineptitude,” Dermot Desmond said. Photograph: Cyril Byrne/The Irish Times

Financier will seek to have merger with Coral put to second shareholders’ meeting

Intrade fell foul of US regulators following the last race to the White House

Both Intrade and Trading Exchange Networks are calling creditors’ meetings on December 3rd

The annual workshop organised by the National Centre for Tourism Studies took place at Dromoland Castle, Co Clare. Photograph: Bryan O’Brien/The Irish Times

Robots delivering room service cited as one development that could put jobs at risk

  CRH North America Luxembourg  is part of the group’s global tax and treasury structure and provides  finance to its US business using loans raised from affiliated companies.  Photograph: Brenda Fitzsimons/The Irish Times

CRH North America Luxembourg Sarl has assets of €2.6bn but employs no staff

Fintrax is the world’s second biggest player in processing tourist VAT refunds on behalf of retailers and governments

Fintrax - the world’s second biggest player in processing tourist VAT refunds - poised to be sold to French private equity firm (...)

Michael McAteer: appointed with Paul McCann  as joint administrators of Quinn Insurance in 2010. Photograph: David Sleator

Policies underwritten by company formerly controlled by Seán Quinn, accounts show

Department of Public Spending and Reform secretary general Robert Watt told TDs during the week  his officials would examine whether the bonus scheme breaches  legislation. Photograph: Frank Miller

Government examining whether ‘retention payments’ paid to managers are legal

The Competition and Consumer Protection Commission will investigate listed property investor Green Reit’s proposed €155 million buyout of the Central Park commercial development in Dublin.

Preliminary inquiry to take 30 working days

The leisure centre of the McWilliam Park Hotel: the hotel was built in 2006 with backing of high-profile property developers

Owner and operator of McWilliam Park Hotel to ask for appointment of examiner

Cerberus Capital Management’s purchase of Project Eagle loans from Nama last year for £1.2 billion is at the centre of a number of investigations. Photograph: Eric Luke

State agency paid Belfast solicitors Tughans €8,000 for working on the deal

Qatar Airways picks up Irish travellers who connect to its flights from Britain, particularly at Heathrow, while its main rivals, Gulf carriers Emirates and Etihad, both operate out of Dublin.

Airline seeks to expand European business

Dermot Desmond: “The shareholders in Ladbrokes have passively accepted all the bad news and the loss of value heaped upon them by the Ladbrokes board and management over the last 10 years.” Photograph; Dara Mac Dónaill / The Irish Times

Irish investor calls on shareholders to block deal

The Central Bank confirmed on Tuesday that it has agreed to pay close to 30 of its staff a total of €501,530 over a period of years. Photograph: The Irish Times

Almost 30 employees due for windfall are set to receive an average of over €16,700 each

In Ireland, amounts staked rose by 8 per cent in the period under review, with revenue up by 4 per cent, “driven by our market leading customer offering, with the benefit of an improving economy” Paddy Power said. (Photograph: Matthew Lloyd/Bloomberg)

Bookmaker expects to publish shareholder documentation believed to include a prospectus and other information it has to send to i(...)

Creevy pier in Donegal Bay:  about one in five businesses in Donegal is related to tourism. Photograph: Bryan O’Brien

ITIC report says industry worth €2.6bn to western seaboard and employs 100,000

Chief executive Kevin Nowlan said the company was likely to use the money to buy further offices and sites in Dublin’s central business district.

Property investor agrees credit facility with Bank of Ireland, Barclays and Ulster Bank

ARI runs airport retail businesses in eight countries across North America, the Middle East and Asia as well as The Loop outlets in Dublin and Cork

Irish group, which owns 20% of Dusseldorf Airport, runs outlets in eight countries

Colm Barrington’s Fly Leasing reported a loss of $21.1 million for the nine months ended September 30th. Photograph: Alan Betson / The Irish Times

Colm Barrington-led aircraft financier had $4 billion in assets at end-September

 Bank of Ireland is accusing Tyrone company of fraud.

TV programme documented businessman’s long-running dispute with Bank of Ireland

Minister for Finance Michael Noonan had said he was confident both administrations could work together with the potential buyer.

Minister for Finance pledged to aid US fund’s bid, documents in inquiry show

Independent figures confirm Dublin is one of the fastest growing airports in Europe. Photograph: Aidan Crawley

Full-year figures expected to exceed record 23.5 million who used the airport in 2008

Permanent TSB rose 4.94 per cent to €4.25 on the back of an interim management statement in which it said financial performance improved in the third quarter

Poor performance for Portuguese stocks amid fears of political instability

 Former Musgraves chief executive and chairman  Hugh Mackeown:  said to be  the driving force behind the development of the SuperValu and Centra franchises

Move part of package to boost house construction, Taoiseach tells Cork Chamber dinner

Bank of Ireland was one of its biggest creditors   of Tyrone-based Meteor Controls International , which   went into liquidation in June 2009.    Photograph: Bryan O’Brien/The Irish TImes

BBC Northern Ireland’s ‘Spotlight’ programme broadcasts footage picked up by company’s CCTV

Tullow Oil in Leopardstown, Dublin. Its shares surged as brokers call the deal “significant for the Irish company”

Africa Oil sells half its stake in oil fields in Kenya and Ethiopia for $365m

Kingspan described 2015 as a significant period. “Integration of both the Joris Ide and Vicwest businesses remains fully on track”

Acquisitions Joris Ide in Europe and Vicwest in Canada helped increase sales 44%

Knock Airport said on Monday that tFlbe  will launch both services next March and fly to both Birmingham and Edinburgh six times a week.

Flybe to launch year-round flights to both cities next March

TDs and senators are calling on the Minister for Justice and Equality, Frances Fitzgerald, to cut the bankruptcy term to one year from three, in a report published on Friday.

Oireachtas committee says one-year term would aid economic recovery

IAG chief exective Willie Walsh. Photograph: Alan Betson /The Irish Times

Airline group says it is aiming for average annnal earnings per share growth of 12%

US company Cerberus bought the £300 million-plus owed by Paddy Kearney’s Kilmona Holdings from Nama as part of last year’s controversial Project Eagle deal. Photograph: Cyril Byrne

Paddy Kearney’s property business had payments on loans cut

Ryanair followed up this week’s news that it made €1 billion surplus in the first half of the year with strong passenger numbers for October. Its shares added 1.07 per cent to end the day at €14.66

Volkswagen drops 7.9% over faulty readings in petrol-powered vehicles

Northern Ireland First Minister Peter Robinson. Developer Paddy Kearney said he got in touch with Mr Robinson to ask for his help in dealing with Nama

Cerberus is ‘robust’ firm, developer tells Stormont inquiry into North property deals

The deal means that the Kilmainham hotel is also joining the same stable as the five-star Heritage in Killenard, Co Laois; Clontarf Castle in Dublin and the Metropole in Cork.

Hotel will continue to operate as franchise under Hilton brand

Paul Coulson, chairman and Edward Kilty, group chief executive, at the Ardagh plc Annual General Meeting, in Dublin, on Monday: the company has put its US plans on hold because of “challenging” market conditions.  Photograph: Eric Luke

Decision to postpone New York launch follows Digicel dropping of float plan last month

After a bumper summer Ryanair is forecasting full year profits will be towards the upper end of its € 1,175m to € 1,225m range. (Photograph: Alan Betson / THE IRISH TIMES)

‘Bumper summer’ boosts profits at airline as it forecasts double digit growth in Ireland and

Chief Rabbi Dr Yaakov Pearlman and Ralph Jacob at the Kosher Corner with a loaf of Irish Pride, certified Kosher at Super Valu Churchtown, Dublin. Photograph: Bryan O’Brien/The Irish Times

Company due to be sold out of receivership could have been rescued via examinership

In January, Aer Lingus Regional, operated under contract by Stobart Air, pulled a series of services from Shannon to Birmingham, Bristol and Edinburgh, resulting in the loss of 20 flights a week.

Business fell during what should have been one of tourist season’s busiest months

Nama’s Project Arrow includes loans secured against 1,906 properties hotograph: Cyril Byrne / The Irish Times

Controversial US fund is preferred bidder for Project Arrow portfolio of properties

Bernard Doherty of Grant Thornton said the new CGT provisions are in keeping with previous Finance Bills produced by the Government that aim to counter tax avoidance and anything that is considered aggressive tax planning.  File photograph: Joe St Leger/The Irish Times

Section 38 ends misuse of provision deferring tax when companies sold within group

Building materials group CRH gained 1.54% to close at €24.685 on trades totalling more than 800,000 shares

ECB president’s signal that stimulus will continue gives boost to markets

 Aer Lingus  has established a new defined contribution pension scheme for staff as part of a deal to resolve a row over a €750 million shortfall in the old Irish Airlines Superannuation Scheme.  Photograph: Reuters

Union’s pension adviser denies favouring recruitment of Merrion or Standard Life

Willie Walsh, chief executive of Aer Lingus’s parent, International Consolidated Airlines’ Group (IAG), said that it would back the Irish carrier in flying to the Far East or South America if it emerges that there is demand for such services. Photograph: Gareth Chaney/Collins

Aer Lingus to add three new transatlantic routes to LA, Newark and Connecticut

 Fyffes said it severed links with Mr Zabaneh and his interests in 2012 when the treasury department’s office of foreign assets control named him under the legislation.  Photograph: Simon Dawson/Bloomberg

US authorities named Meridian Farms company spokesman as a drugs kingpin

Mr Garvey is understood to have told the company his decision in recent days

Insurer lost €96.4m before tax in the first half of year as claims against policies rose

US company Cerberus collected €100 million in repayments from developers whose loans it bought from Nama in the controversial Project Eagle sale in the eight months following its deal with the Stage agency in 2014. Photograph: Eric Luke

US company received the payments between April and December 2014 as part of Project Eagle property sale

The Treasury Building, home to Nama, in Dublin. Photograph: Eric Luke / The Irish Times

US investor Cerberus’s winning bid for agency’s loans is now the subject of inquiries

Frank Cushnahan: Nama said he  never disclosed any interest to it relating to Pimco or its attempts to buy the loan portfolio. Photograph: Press Eye

Cushnahan was on advisory board at time of Project Eagle proposal

Northern Ireland’s former first minister Peter Robinson  is seen on screen testifying before the Nama inquiry at Stormont. Photograph: Pacemaker

DUP leader testifies at Stormont inquiry into sale of agency's portfolio

CityJet  company has placed a firm order for 15 craft with an option for a further 10.

Dublin-based airline to lease up to 25 new Sukhoi Superjet aircraft in upgrade

Minister for Transport, Tourism and Sport, Paschal Donohoe, pledged that the extra cash would enhance the current level of services.

Money will used to increase service on Dublin Bus and Bus Éireann

 Domhnal Slattery, chief executive officer of Avolon Leasing Group. Avolon committed to leasing five B787-9 craft to Chinese carrier, Hainan Airlines, in a $1.3 billion deal. Photo: Bloomberg

Dublin-based leasing company reports continued momentum in third quarter

More than 2.3 million passengers travelled through Dublin Airport in September, a 14 per cent increase on the same month last year.

September growth in numbers led to busiest month at Dublin Airport for 75 years

Former Anglo Irish Bank chief David Drumm who has been in custody since his arrest on Saturday. Photograph:  Josh Reynolds

US marshals arrested Mr Drumm on Saturday on an extradition warrant

Michael Holland’s management company, Hotel Partners, had been running the hotel  since it opened. It emerged on Monday that a sister company  bought the property from its previous owner

Deal to buy 130-bedroom hotel in city centre that opened in 2009 is valued at €23m

For the first time since June, all three industry sectors, housing, commercial and civil engineering - which is mainly made up of large-scale State-funded projects, grew last month.

But figures indicate that sector still growing a ‘solid’ pace

Fergal O’Brien, senior economist with Ibec. Photograph: Eric Luke/The Irish Times

Employer group says strong growth removes need for the budget to stimulate demand

Rose Hynes, chairwoman of Ervia, recently joined the board of agri-business company, Origin Enterprises, and also chairs the Shannon Group, the State entity responsible for Shannon Airport and the region’s tourism and commercial development.

Rose Hynes says she cannot commit the time to Ervia

Revenues at the National Convention Centre for all of 2014 were €19.26 million, below the €19.6 million that the business generated over 10 months in 2013. Photograph: Brenda Fitzsimons

Dublin centre’s debt falls almost €20 million to €149.4 million, according to chief executive

Hostelworld has reportedly appointed broker Numis Securities to explore options for the company

Irish travel website had €200m deficit at end of last year, accounts show

Students at St Declan’s Community College, Kilmacthomas, Co Waterford, protesting in 2014 about pylons in the Comeragh region. Photograph: Alan Betson

Grid West and North-South link cannot use the same system

Objectors to the plan for a plant near San Francisco say the factory will lead to 300 truck journeys a day through a residential neighbourhood and  boost diesel emissions and dust. Photograph: David Sleator

Locals object to Irish manufacturer’s proposal for €45m Vallejo cement plant

Siac was restructured in February last year after its owners, the Feighery family, along with a group of other shareholders, invested €10.5 million in the business as part of a rescue plan put together by High Court-appointed examiner, Michael McAteer of Grant Thornton. Photograph: Dara Mac Dónaill /The Irish Times

Building group continuing to pursue Polish authority in contract dispute

Investment solutions firm Brewin Dolphin has said that the world’s developed economies need to spend 60 per cent more than total spent in last 18 years. Photograph: Frank Miller

Developed economies need to spend €51 trillion on infrastructure, says investment firm

Northern Ireland First Minister Peter Robinson with Taoiseach Enda Kenny:  Cerberus wrote the letter ahead of a meeting between the company, Mr Robinson, his special adviser and the north’s then Minister of Finance, Simon Hamilton. Photograph: Alan Betson

Letter to NI’s First Minister shows investor offered to cancel developers’ guarantees

Nama has urged Mick Wallace to engage with the agency.  Photograph: Eric Luke / The Irish Times

TD tells Dáil agency insider ensured that US firm Cerberus’s bid for loans succeeded

Irish-owned packaging giant Ardagh is likely to press ahead with a €2 billion flotation of its metals business on the New York Stock Exchange. Photograph: Spencer Platt/Getty Images

Irish-owned packaging giant received offers for metals group Oressa

Kenny Jacobs Ryanair’s chief marketing officer. Photograph: Brenda Fitzsimons /The Irish Times

Airline says screen-scraper’s position on search results is misleading customers

Gareth Graham  (centre) who recently succeeded in halting the sale of one Belfast property by administrators appointed to his companies. Photograph: Arthur Allison/Pacemaker Press

Debts of Ballybay Estates bought by US firm through Nama’s Project Eagle sale

Passenger numbers at Ryanair rose by 12 per cent to 9.55 million in September, versus the same month a year earlier.

Rayanir hit a new milestone in July when it carried more than 10 million passengers

Cerberus, the US firm which purchased the Project Eagle loans from Nama for €1.6 billion, may be set to make several hundred million euro profit on the transaction. Photograph: Cyril Byrne

US company denies connection with any wrongdoing over Nama transaction

The 2014 purchase by Cerberus of the Project Eagle loans is at the centre of a row over claims Northern politicians were to receive £7 million in payments from the deal.

Project Eagle purchaser uses 11 firms in Republic to buy discounted property loans

The 2014 purchase by Cerberus of the Project Eagle loans is at the centre of a row over claims Northern politicians were to receive £7 million in payments from the deal.

Project Eagle purchaser uses 11 firms in Republic to buy discounted property loans

Jamie Bryson leaving Parliament Buildings in Belfast where he gave evidence to Stormont’s finance committee on the controversial sale of Nama’s NI assets to a US investor. Photograph: Niall Carson/PA Wire

Money discovered by Belfast law firm was apparently fees from US firm Cerberus

 Frank Cushnahan: his role was questioned at Thursday’s  Oireachtas committee hearing

Businessman Frank Cushnahan at centre of row over sale of €1.3bn loan to Cerberus

Sinn Féin president Gerry Adams: has briefed one of Cerberus’s investors, New York state comptroller Tom DiNapoli, on the controversy

Dáil committee to question Nama about sale of debts due to it from mainly Northern-based borrowers to Cerberus

US tourists at Lough Tay, Co Wicklow. Economic growth in key markets such as the US and a favourable dollar exchange rate are benefitting Irish tourism

Signs are that this year is set to become record year for tourism

Nama bought  £33 million debt from Bank of Ireland and sold it to Cerberus as part of Project Eagle. Photograph: Cyril Byrne / The Irish Times

Developer Gareth Graham in talks over €1.6bn sale of Nama NI loan book to Cerberus

Service to operate three times a week from next April.

Services from Cork to New York and Barcelona set to follow later in year

Michael O’Leary hopes shareholders will be able to  pay capital gains rather than income tax on the distibution Photograph: EPA

Plan to give €398m from sale of Aer Lingus stake to shareholders

Mick Wallace claimed €45m in “fixer fees” were paid during the sale of the northern Irish property loans to New York company Cerberus in early 2014. Photograph: The Irish Times

Graham’s Cerberus claims follow Wallace’s Dáil allegation

Mr Kenny said in the Dáil he would have his officials check to see whether such a letter was received from US company Fortress. Photograph: Reuters

Reports state US company wrote to the Department of the Taoiseach in February 2014 expressing concern at the practices of some thi(...)

 DUP leader and former Northern Ireland First Minister Peter Robinson: has denied claim that he was earmarked to benefit from the Project Eagle sale. Photograph: Getty Images

£1.2 billion sale of Nama’s Northern Ireland property portfolio

Dublin is ranked 48 on this year’s Global Financial Centres Index, which was published on Wednesday, up from 52 in the 2014 edition.

Global Financial Centres Index notescapital’s improved performance

The Rhatigan Property Group challenged the right of  Beltany Properties to appoint a receiver to the Radisson Blu Hotel on Golden Lane in Dublin. Photograph: Eric Luke/The Irish Times

Rhatigan group, Beltany and Goldman Sachs agree to settle and drop all litigation

Oil explorer Kosmos is withdrawing from three licences in the Porcupine Basin, to the west and southwest of Kerry, where it has shared interests with Europa Oil & Gas and Antrim Energy. File photograph: Bloomberg

News follows Government announcement of widespread interest in new licensing round

The Lufthansa Group now operates 40 flights a-week out of Dublin to destinations that include Frankfurt, Munich in Germany and Geneva in Switzerland.  Photoraph: Adam Berry/Getty Images

Airline heading for ‘biggest ever year’ in Dublin

 Dermot O’Loughlin: said the note he sent to workers advocated that they get financial advice about the best way to use what was due to them from the old scheme.    Photograph: Eric Luke/The Irish Times

Chairman of IASS trustees says note from Siptu official could be seen as financial advice

One51 chief executive Alan Walsh: hn 2014 he  signalled the company could go ahead with a flotation within two years.  It is understood the company is on track for this. Photograph: Dave Meehan

GES the third acquisition by plastics manufacturer and waste-management firm in past 12 months

OpenHydro’s Open-Centre turbine in Orkney, Scotland. The tidal energy developer said on Friday it plans to raise €55 million as it gears up to commercialise its technology.

Tidal energy developer to begin commercialising its technology

The ECJ ruled that technical problems cannot be viewed as extraordinary circumstances

European Court of Justice bolsters consumer rights in KLM case

Tom Parlon, director general of the Construction Industry Federation, arriving for a  pre-Budget meeting with ministers  Photograph: Eric Luke / The Irish Times

Construction Industry Federation seeks Budget cuts in VAT and levies

Irish insurer will issue 10-year convertible bond to multinational

Federal Reserve Washington, DC: announcement expected on Thursday. Photograph: Andrew Harrer/Bloomberg

Federal Reserve to meet this week and may decide to raise borrowing charges

Shutters come down on Boyers & Co on North Earl Street, Dublin. Photograph: Dara Mac Dónaill

Trade unions Mandate and Siptu have agreed a framework for talks with management

Digicel owner Denis O’Brien. Photograph: Dara Mac Donaill

Mobile operator looks set to proceed with flotation despite stock market volatility

Developer Michael O Flynn: he has accused Dún Laoghaire-Rathdown County Council of bias in refusing his company planning permission. Photograph: Collins Courts

Michael O’Flynn sues Dún Laoghaire council after €70m scheme refused

 A passerby reads a notice on the door of Boyers & Co on North Earl Street, Dublin, after it was announced the store would close in January. Photograph: Dara Mac Dónaill/The Irish Times

Talks to begin after news that Dublin department store will close

Closure leaves questions about 48 direct jobs and a further 30 to 35 positions with various concessions

Owner says it could not find retailer to run department store on North Earl Street, Dublin

Arnotts Group told Boyers management and staff at Boyers on Wednesday that it plans to close the store in January following an “orderly wind down”. Photograph: Matt Kavanagh/The Irish Times

Dublin department store will shut its doors in January 2016

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