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”

INM 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

GAN chief executive Dermot Smurfit jnr (left, with chief financial officer Desmond Glass): ‘Everyone who invested in the flotation probably did so with an eye on real-money gaming’.

Gambling technology provider gets boost from major £1.3bn Desmond investment

DoubleTree by Hilton: Dalata’s announcement that  it was looking at taking over the former Burlington sent shares in the hotel group up by more than 5.4%. Photograph: Dara Mac Donaill/The Irish Times

Investor confidence slowly coming back amid calmest market in more than year

Virtus said earnings in its Irish division rose by a third. There were  more than 2,300 cycles of IVF in its Irish clinics last year, it said, an increase of a quarter on the  year before. Photograph: iStock

The listed Australian company owns three fertility clinics in Ireland, including Sims

Dr John Fox, chief executive officer, Merrion Pharmaceuticals.  Photograph: Eric Luke

Pharma abandons plans to become investment vehicle and plans liquidation

Life Style Sports-sponsored Connacht rugby squad in training: the Stafford group, owner of Life Style Sports, now has total assets €136 million and retained profits of €49 million. Photograph: Donall Farmer/Inpho

Stafford plans to open 6,000sq ft Life Style Sports store in Arnotts ahead of Christmas

The Team Ireland Rio kit deal accounted for €230,000  of the Olympic Council of Ireland’s 2015 revenue. Photograph: Cyril Byrne

Hickey arrest casts reputational pall over Olympics movement in Ireland

THG Sports says it acted as a go-between for people looking to buy tickets. Photograph: Tasso Marcelo/AFP/Getty Images.

Firm at heart of touting investigation says it ‘introduced’ people seeking tickets to Pro10

The office of Pro10 in Lucan in Dublin. The company has said it utterly rejects any insinuation it has been involved in selling tickets at inflated prices, ticket touting or scalping. Photograph: Eric Luke/The Irish Times.

Olympic Council of Ireland’s authorised ticket reseller says it acted properly at all times

 The Pro 10 office in Lucan, Co Dublin. Pro10 Sports Management is the Irish authorised ticket reseller for the Rio Olympics. Photograph: Eric Luke/The Irish Times.

Arrest warrants have been issued in Brazil for the three Irish-based directors of firm

Goldman Sachs: An Irish firm linked to Goldman Sachs that bought more than €200m of Irish commercial property loans in 2014 from the former Anglo Irish Bank paid zero tax in its first year of operation. Photograph: Reuters

Liffey Acquisitions a special purpose vehicle with no Irish employees

Minister for Sport  Shane Ross and his wife Ruth Buchanan at Annalise Murphy’s medal ceremony  in Rio. Photograph: Morgan Treacy/Inpho

Agency’s role was to help people access Olympic tickets and they ‘were not paid’

Bank of Ireland was one of the biggest fallers, down 3.63 per cent. Photograph: Cyril Byrne

Ryanair, Paddy Power, ICG and C&C fall as Brexit worries drag on Dublin trade

Stephen Donnelly TD: made allegations  in the Dáil that SPVs are being used to avoid tax on assets in Ireland. Photograph: Eric Luke

Davidson Kempner houses billions of dollars of loans in Irish companies, paying litttle tax

Pluto Communications founders Elaine O’Reilly and Cathy O’Donohue. Photograph: Fran Veale

Pluto Communications had shareholders’ funds of €605,000 in April of last year

Burlington Loan Management  investments include loans linked to the Belfast-registered Titanic Quarter.

Burlington Loan Management's $375 in taxable income

Isme is calling for greater CCTV surveillance and more gardaí. Photograph: The Irish TImes

Wide -ranging survey reveals shops most affected, through theft and vandalism

Simon Pratt, son of Avoca’s founders, is staying on as managing director of Avoca for a period under Aramark’s ownership. Photograph: Bryan O’Brien/The Irish Times

Sales roughly equal to what Avoca achieved before the takeover by US catering giant

An Irish ticket for Rio 2016 seized from one of the directors of THG Sports is displayed during a press conference in Rio de Janeiro, Brazil. Photograph: Tasso Marcelo/AFP/Getty Images

Irish Olympics ticket reseller seeks damages over ‘illegal capture’ of its merchandise

In the mood for love at the Cliffs of Moher – Tourism Ireland reported on Wednesday that overseas visitor numbers were up 13 per cent in the first six months of 2016

Our tourism industry will damage itself if prices allowed to swell too quickly

Irish footballer Robbie Keane. Photograph: ©INPHO/Cathal Noonan

Hundreds of celebrities, including Robbie Keane, Jeremy Paxman, former Spice Girls and Annie Lennox, caught up in £1.6bn tax disp(...)

Ireland manager Martin O’Neill is one of the investors affected by the HMRC case. Photograph: INPHO/Ryan Byrne

Keane and O’Neill invested in films at heart of £1.6bn HMRC case

Cattle on a farm in Alta Floresta, Brazil.  JBS is the world’s largest meat producer, with annual sales of in the region of $45bn (€40bn).

Irish company will effectively become parent of global conglomerate

 Jim Travers, chief executive of Fleetmatics: he said  the Irish company  decided to join forces with Verizon to give Fleetmatics further clout as it expands globally. Photograph: Alan Betson / The Irish Times

The technology business being bought by Verizon for $2.4bn employs 200 in Dublin

If the storm of publicity that followed the closure of Clerys was “unmerited and distressing”, it was entirely self-inflicted. Photographer: Dara Mac Dónaill

Natrium’s sackings with no provision for redundancy pay were heartless and cynical

Ollie Brogan: he said ESBI was also seeking to develop its capabilities in the installation and repair of submarine cables

Largest project is €17m contract over four years with Saudi Electricity Company

Minister for Jobs, Enterprise and Innovation Mary Mitchell O’Connor with Maeve McCleane, HR director of Lidl in Ireland, announcing the supermarket chain’s plans to recruit 600 new employees over the next 24 months. Photograph: Leon Farrell/Photocall Ireland

German supermarket chain is chasing middle-class shoppers

 Photograph: Cyril Byrne/The Irish Times

Row centres on cuts to bonuses for rail and haulage staff

Traders work at their desks in front of the German share price index, DAX board, at the stock exchange in Frankfurt. Reuters

US stocks fell the most in a month amid tepid consumer spending data and oil’s plunge

John Brennan at the Hilton Garden Inn: Scraping, he says, ‘is much, much better than a feedback report you get twice a year from some ex-hotelier who now works as a mystery guest’. Photograph: Brenda Fitzsimons/The Irish Times

John Brennan is adapting the well-drilled Jurys model for the Amaris hotel group

Frankie Sheahan in action for Munster in 2005. Photograph: ©INPHO/Billy Stickland

Sheahan is targeting 10,000 attendees over two days at the annual Pendulum Summit

Richard Moat CEO of Eir. Photograph: Aidan Crawley

The future is bright for Ireland’s biggest communications company, says the former Orange executive

Bishop’s Square: building off Aungier Street, Dublin, will get a large extension after An Bórd Pleanála granted Hines permission to add a seventh storey to the sixth-storey building. Photograph: Google Street View

Property firm receives green light despite concerns from tenant News UK & Ireland

Confidence in the exporting sector was also dented  as Isme warned  sterling fluctuations will continue to have a big impact. Photograph: PA

Business confidence, profitability and employment all fell, according to Isme

Ulster Bank’s  construction purchasing managers index  report for June recorded a significant acceleration in June, after growth had slipped back in May. Photograph:  Kim Kyung-Hoon/Reuters

Ulster Bank PMI for June shows confidence in construction remains at near-record levels

 The Irish Financial Services Centre: home to many a special purpose vehicles A scene from the Oscar-winning ‘Il Postino’

Meet Medb, Badb and Eurydice, who jointly own scores of Irish firms

 The Matheson Building on Sir John Rogersons Quay: the firm  did not respond to repeated efforts to get comment yesterday

Concerns raised about corporate law firm Matheson’s use of registered charities to facilitate the tax avoidance

ESB Networks’ electricity distribution control centre in south Dublin. Photograph: Alan Betson / The Irish Times

Clive Bowers was involved in preparations for the new all-island electricity market

Feargal O’Rourke, the managing partner of  PricewaterhouseCoopers, said the drive for share option tax cuts would form a central plank of the chamber’s formal budget submission. Photograph: Eric Luke

American Chamber of Commerce is putting pressure on the Government over rates

Mickey O’Rourke, the Setanta founder who has stayed on as Eir Sport chief executive under the telco’s ownership, also announced the channel has acquired exclusive Irish rights for the 2019 rugby World Cup.

New channel, Eir Sport, is rebranding by telco of Setanta Sports Ireland

Terminal 2 at Dublin Airport. Indecon’s report recommends sweeping changes to the system for regulating airport charges. Photograph : Matt Kavanagh

Terminals should compete with each other or new airport should be built, says Indecon

Anthony L Gardner, US Ambassador to the EU: “It doesn’t even compare with the House of Cards in the UK right now.” Photograph: Cyril Byrne / The Irish Times

Anthony Gardner, US ambassador to EU, themes Dublin speech on Brexit ramifications

Anthony Gardner, the US ambassador to the European Union, has told a Dublin audience of business people that Brexit will “complicate” efforts for transatlantic co-operation on a wide range of issues. Photograph: Cyril Byrne/The Irish Times

US-EU relationship requires an ‘EU that is cohesive, effective and outward looking’

With sterling down, profits and cashflow generated in euro in Ireland have, overnight, become more important to the big UK retailers in Ireland. Photograph: REUTERS/Luke MacGregor

Irish divisions of big UK retailers could become sweet spots for parent companies

Kenmare managing director Michael Carvill and his family will retain a minority stake. Photograph: Bryan O’Brien/The Irish Times

Company launching $122m open share offer aimed mainly at existing small holders

Debenhams, which entered examinership in May, has said that it is unlikely to get any further in its attempts to cut the rents at the Limerick, Waterford and Tallaght stores. Photograph:  Peter Byrne/PA Wire

UK-owned retail chain wants to end leases in Tallaght, Waterford and Limerick stores

The headquarters of Nestlé’s French section in the old Meunier chocolate factory: the company’s stocks rose 3.3 per cent after naming Ulf Mark Schneider as  chief executive officer. Photograph: Thomas  Samson/AFP/Getty Images

European shares rise after three grim days, with financial stocks leading the way

Martin Shanahan, the chief executive of IDA Ireland, says the State agency will soon begin negotiations with banks and other companies located in the UK that may want to relocate to Ireland following the Brexit vote.

Agency to begin negotiations with companies located in UK that may want to relocate

Mark Redmond declined to speculate on a possible FDI pick-up for Ireland. Photograph:  Nick Bradshaw/The Irish Times

American Chamber to consult with members and ‘communicate’ with Government

Martin Shanahan said the IDA would be engaging with client companies. Photograph: Alan Betson / The Irish Times

Strategy should not be aggressive, one former IFSC grandee warns

The Ryan family’s Irelandia Aviation group is already an investor in VivaColombia and VivaAerobus in Mexico. It is now looking at other South American markets.

Irelandia Aviation managing partner hopes to start new airline in country next year

Nama chief financial officer Donal Rooney will replace Cormac Ó Tighearnaigh, the former Jurys hotel executive who announced his intention to step down in February, at Amaris.

Rooney will take over as Amaris Hospitality’s chief financial officer in September

 A television monitor displays news of the Brexit vote on the floor of the New York Stock Exchange: financial markets are bracing for the outcome of Thursday’s historic UK referendum. Photograph: Drew Angerer/Getty Images

Banks among best performers on Iseq with Bank of Ireland surging nearly 6 per cent

John Lewis has been eyeing up Ireland for several years, and the deal with Arnotts gives the group a beach-head for any future foray into the local market

Section of the Arnotts shop in Henry Street to change to John Lewis

 JP McManus  has asked a US court to disallow as evidence a letter sent from Revenue to its US counterpart, the Internal Revenue Service (IRS). File photograph: Dara Mac Donaill/The Irish Times

Limerick man accuses US tax authority of misrepresenting rules and making up facts

Walsh Whiskey Distillery founder Bernard Walsh at the opening of the distillery at Royal Oak, Co Carlow. Photograph Nick Bradshaw

Walsh Whiskey Distillery aims to attract 75,000 visitors each year to tour its facilities

You want the word about unwanted harassment to be heard by men? Then do it through other men.

Tommy Breen, CEO of DCC. Photograph: Dave Meehan/The Irish Times

The cautious boss of DCC took a flutter on Jim Flavin’s company and signed on – and has never looked back

 Teeling Whiskey Distillery and visitor centre in The Liberties, Dublin 8. Photograph: Conor McCabe

Annual sales of the good stuff are expected almost to treble over the next decade

Eir incurred €4.1 billion of gross debt through five ownership changes before filing the country’s biggest ever examinership, or bankruptcy protection petition, in 2012

Move would afford Eir vital breather to continue restoring revenues before flotation

The wind farm on Arklow Bank in the Irish Sea: the Government is signing an agreement with nine European countries. Photograph: David O’Brien

Lobby group says Ireland in ‘parlous’ state over meeting renewable energy targets

BAM obtained final planning permission in recent weeks for eight-storey hotel, which would be Denis O’Brien’s first involvement in hotel development in Dublin. Photograph: David Sleator

Development is proposed for part of site where 200-bedroom hotel is being constructed

Documents filed by  Shd Company say the €7.5 million loan from Bank of Ireland will be used to finance the construction of housing estates in Swords and in Blackrock, Co Louth

Firm linked to Shannon Homes plans to build Dublin and Louth housing developments

In many cases, Ulster Bank has already taken enforcement action against the borrowers Cabot is going after

High-profile property investors pursued by firm, which bought bank loans portfolio in 2015

Debenhams on Henry Street, Dublin, formerly Roches Stores. The Debenhams examinership case is due back in court in less than two weeks.  Photograph: Eric Luke

The Dublin store’s examinership case is due back in court in less than two weeks

A glut of retail and commercial developments were constructed in Drogheda during the boom, including Southgate and also Scotch Hall (pictured)  leading to fierce competition among landlords to sign up tenants.

Top Dublin law firm hired over Southgate development

Dublin heavyweight CRH fell almost 0.9 per cent

Irish heavyweights CRH, Smurfit Kappa and Glanbia help to drag down Iseq

Brian O’Cathain, chief executive at the Petroceltic EGM in 2015. Photograph: Dara Mac Dónaill

Group of staff in energy exploration company reject latest examinership proposal

Jerry Beades, of the New Land League, talks to the media at Gorse Hill in Killiney, Co Dublin. Photograph: Eric Luke

Activist is taking legal action against all central bankers and central banks in the euro zone

Avondale in Co Wicklow: Coillte is interested in  proposals from possible private sector partners for its assets, including Avondale, the birthplace of Charles Stewart Parnell. Photograph: Cyril Byrne / The Irish Times

Forestry company in talks with Parnell Society as profits rise 63% to more than €47m

The Debenhams store on Henry Street, Dublin. Photograph: Eric Luke/The Irish Times

Retailer rows with family over examinership application

Brian O’Cathain of Petroceltic International  at its EGM last September. Photograph: Dara Mac Dónaill

Worldview Capital to gain full control for cash payment of $7.8m

Recent figures from the DPP, released under the Freedom of Information Act, show barristers in private practice were paid €14m by the State last year to prosecute cases, an increase of 4.6%. Photograph: The Irish Times

Move follows claim for higher fees by solicitors and counsel dealing with legal aid cases

 Maxol is  examining the possibility of expanding its Moreish deli chain into so-called “dry sites” – traditional retailing locations not located on garage forecourts. Photograph: Peter Houlihan

McMullan family working with independent food operators such as Supermac’s

 Ryanair: A day after reporting positive results, the budget airline was easily the most heavily traded stock on the day, with almost €120 million changing hands, twice that of the next stock, CRH. It finished up 2 per cent. Photograph: Rui Vieira/PA Wire

Strong Iseq performances, especially from Ryanair, keep the index well in the black

 Peter and  Mary Jones of Orwell Healthcare: “It is a business, but it is a passion too. There are easier lifestyles than this, easier businesses we could run.” Photograph: Nick Bradshaw

Peter and Mary Jones sacrificed their home to fund their €15m nursing home

Cormac Pettitt, managing director  of the Pettitt Group: “You think each year the competition is going to ease off a bit but it is actually getting even more competitive. You will see more price cuts in the market this year.” Photograph: Patrick Browne

Hotels and supermarkets are core of business empire that refused to fall for boom-time folly

Aaaron Eckhart as Nick Naylor, a tobacco industry lobbyist in ‘Thank You for Smoking’

Ireland’s nascent lobbying regime is generally seen as robust

Vodafone launched quad play services - phone, television, mobile and broadband - in the Irish market in January.

World’s second-largest mobile phone operator reported full-year revenue of £41 billion

Petroceltic chief executive  Brian O’Cathain: “There ought to be a way to protect shareholders from assets being expropriated like this.” Photograph: Dara Mac Dónaill

Worldview not having to disclose ultimate owners ‘unfair’ for investors – Brian O’Cathain

Chief executive of Dublin Chamber of Commerce Gina Quin is to leave the chamber in the summer to take on a top role at the National College of Ireland. Photograph:  Brendan Duffy

Business lobbyist to leave Dublin Chamber of Commerce after over 15 years as chief

‘Remain’ campaigners carry placards during British prime minister David Cameron’s speech on the referendum on the UK’s EU membership  in Witney, Britain. Ictu is to launch its campaign against a Brexit. Photograph: Will Oliver/EPA

Body warns of job losses and an impact on living standards if the UK votes to leave EU

Bewleys on Grafton Street: due to reopen after a facelift but the outpouring of grief for the perceived demise of the cafe was as if someone had publicly drowned a litter of Labrador puppies.  Photograph: Dara Mac Dónaill

Berlin D2, a hip cafe/live music venue/leftie meeting spot, shuts its doors for good next weekend

 Debenhams’ 11 Irish stores went into examinership on Thursday. File photograph: Eric Luke/The Irish Times

Irish operation has accumulated losses of more than €22m in past three years

The crux of Debenhams’ difficulties lie in rents set during boom years on upward-only leases. File photograph: Eric Luke/The Irish Times

Retailer puts 11 Irish shops into examinership after failure of rent negotiations

“It is likely in the long run to be beneficial to Ireland because Ireland would offer the benefits of an English-speaking economy based in Europe,” says former director of global engagement on the White House’s National Security Council Brett Bruen. Photograph: Charles McQuillan/Getty Images

Dublin could be an obvious choice if UK-based banks are looking to move

Colm Keaveney: accused  of having a “malicious intent” to harm Denis O’Brien by sending material to PR firm Red Flag. Photograph: Cyril Byrne

Businessman suing for defamation arising from proposed text of speech

C&C has told investors it would see an improvement in earnings in the coming year

Full-year revenues fall 3% to €662m as cidermaker deals with competition and damp weather at home

The administrators of a Facebook page supportive of the Cavan businessman Sean Quinn’s struggle to regain control of his former empire say they will shut down the page on Wednesday, following a request from the former billionaire. Photographer: Dara Mac Donaill/The Irish Times.

‘Concerned Irish Citizens’ page at centre of High Court action over alleged defamatory posts

Dr Paul Gough is a dietician and founder of Nualtra. The Leslie-Buckley backed company has opened defamation proceedings against Aymes International. Photograph: The Irish Times

NHS and UK health department launch investigation

Denis O’Brien appears to be taking on his mission  with an almost quasi-religious zeal. Photograph: Dara Mac Dónaill

Digicel owner has threatened to block social networks’ adverts unless deal concluded

 Germany’s Dax: rose 0.2 per cent, while in France the Cac 40 fell 0.3 per cent. Photograph: Reuters/Staff/Remote

FTSE 100 steadies near a one-month low as gains at BT and RSA offset declines

Denis O’Brien:  argued that the refusal by Facebook and Google to share their revenues with telcos such as Digicel was holding back investment in developing countries. Photograph: Dara Mac Dónaill

Digicel billionaire accuses net giant of giving “two fingers” to telco industry

 Leslie Buckley is a backer of the   Limerick health supplements company along with Sean Corkery.   Photograph: Alan Betson

Nualtra alleges Aymes International is only suing it for an alleged trademark infringement as part of a “malicious determination t(...)

Heather McGregor, AKA Mrs Moneypenny. Photograph: Brenda Fitzsimons / THE IRISH TIMES

Heather McGregor flew herself over to Dublin for a high-powered sit-down of Irish businesswomen. ‘We can have it all,’ she says. (...)

Fergal Leamy: estimates Irish forestry output will double in the next 10 years. Photograph: Nick Bradshaw

What is a youthful former private equity shark like Fergal Leamy doing running a forestry company?

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