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

Inside a Paddy Power shop in Central London. Paddy Power Betfair will have its main listing on the London Stock Exchange. Photograph: EPA

Firm to be known as Paddy Power Betfair plc expected to maintain a significant presence in Ireland

Chief executive Brian O’Cathain at the Petroceltic egm in Dublin on Monday: Worldview’s proposal won 42 per cent support from shareholders. Photograph: Dara mac Dónaill

58% oppose Worldview’s proposal to stop directors selling assets worth 25% or more

Central Park office park in Leopardstown where Green Reit is reporting full occupancy and has construction underway on Block H. Photograph: Alan Betson/The Irish Times

‘Golden period’ for commercial property probably over, says executive chairman

Aer Lingus chairman Colm Barrington, who is chief executive of Dún Laoghaire-based Fly Leasing. Photograph: Alan Betson

Fly Leasing supplies jet to Norwegian airline trying to set up long-haul service in Republic

Minister for Transport Paschal Donohoe (left) with CityJet executive chairman Pat Byrne at Dublin Airport on Friday. Photograph: Naoise Culhane

Under agreement with CityJet, Falko will buy aircraft and lease them to airline

Minister for Transport Paschal Donohoe TD is expected to decide on the overall capital plan “soon”. Photograph: Sara Freund

Ryanair launches 2016 summer schedule, which will feature 83 routes

Leases are up on a number of Etihad’s aircraft and the airline has to replace them. As a result it has fewer aircraft to go around

Etihad said it planned to cut its service from Dublin to Abu Dhabi to one service a day between January and June of next year

Imtech headquarters in Gouda, the Netherlands. Photograph: Bas Czerwinski/AFP/Getty Images

Troubled Dutch engineer in talks about possible sale to investment fund Endless LLP

One51 chief executive Alan Walsh: the first half had been a solid six months for the group.

Group reports no further developments on Capvest bid

Shortly after a 2009 row over a €1m bonus, INBS confirmed it had put in place a €27.6m pension fund for Michael Fingleton, which he managed and had been transferred out of the financial institution in January 2007. Photograph: The Irish Times

In 2013 Commercial Court heard lender’s board delegated all its powers to Fingleton

The Paddy Power website. Paddy Power and Betfair Group plan to merge in a deal that creates the world’s biggest publicly-listed online gaming company. Photograph: Matthew Lloyd/Bloomberg

Proposed merger with rival Betfair means Paddy Power is on the cusp of becoming one of the biggest players in global gambling

A man watches electronic displays at a Paddy Power bookmakers in London. Paddy Power and Betfair have announced they have agreed the terms of a possible merger. Photograph: Matthew Lloyd/Bloomberg

Planned merger would create one of world’s biggest betting companies

Paddy Power chief executive Andy McCue said the group expects full-year reported operating profit to be a mid to high single digit percentage above 2014 and the consensus market forecast

News comes as Paddy Power reports 33% jump in operating profit

Kingspan chief executive Gene Murtagh: said the first half of 2015 had been a record trading period for the group. Photograph: Alan Betson

Insulation specialist expects further profit growth in second half

AIB shares fell 9.52 per cent to 7.6 cent. Photograph: Bryan O’Brien

Investors in European markets down about €450bn after worst losses in years

Kingspan chief executive Gene Murtagh said the first half of 2015 has been “a record period” for the company. Photo: Alan Betson/The Irish Times

Manufacturer reports ‘exceptionally strong’ start to year with trading profit up 69 per cent

Dermot Desmond: his vehicle is now the biggest shareholder in One51, with a stake approaching 20 per cent

Move comes in wake of Capvest bid to buy waste recycling business for €1.80 a share

Ryanair is joining force with IAG, Air France, KLM, Lufthansa and EasyJet to establish the new body

New aviation group formed to lobby EU on industry’s behalf

Financier Dermot Desmond, who owns a significent stake in One51, has reportexly told brokers he is willing to pay €1.95 for more shares in the group, although he is not considering a rival bid. Photograph: Cyril Byrne

More than €36m of shares sold for €1.85, a rate above suitor’s planned offer

Waterford airport. The regional airport, along with those of Donegal, Kerry and Knock, could get up to €42.5m in State handouts over the next four years

EU Commission’s decision allows State to fund Donegal, Kerry, Knock and Waterford airports under two schemes

Dermot O’Leary estimates exports will account for 1.6 percentage points of the total growth this year.  Photograph: Dara Mac Dónaill/The Irish Times

Chief economist says growth in Republic’s gross domestic product is accelerating past a peak reached last year

According to recent reports financier Dermot Desmond, who already owns more than 6 per cent of One51, has told brokers he is willing to pay €1.95 for more shares in the group, although he is not considering a rival offer

Trade above Capvest’s €1.80 per share offer may suggest higher bid is attainable

Kingspan was one of the day’s better performers, climbing 1.25 per cent to €23.01

Move on yuan overnight brings down shares in mining, cars and luxury goods

Avolon founder and chief executive Dómhnal Slattery, stands to make more than €32m on the deal if it goes through. Photograph: Matthew Lloyd/Bloomberg

Aircraft lessor opens exclusive talks with Chinese suitor Bohai after $31-a-share bid

Ray Conner, president and chief executive officer of Boeing Commercial Airplanes (left)   during a news conference with Domhnal Slattery, chief executive officer of Avolon . Photographer: Matthew Lloyd/Bloomberg

Negotiations between the pair to run until September 7th

Somewhat slower – but still solid – growth was recorded in both housing and commercial activity.

Housing and commercial sectors continued to grow, says Ulster Bank report

The move means the charge imposed on each household in the State will fall by 35 cent a month to €5.01, a saving of 70 cent on bi-monthly bills.

Minimal cut in charge likely to reignite row over high energy costs

Alan Walsh, chairman of  One51. While the company is a plc, its shares are traded on a grey market rather than listed on any stock exchange.Photograph:Dave Meehan/The Irish Times

Capvest lines up bank funding of €280m for deal

Stephen Wheeler, managing director of SSE Airtricity. “Our model can’t just be about selling electricity, it’s actually providing an essential service to our customers.” Photograph: Cyril Byrne

Joining forces with State forestry company Coillte, SSE Airtricity says €240m will be invested in Galway development

Nama: says controversy over payment is peripheral to the agency and only really concerns the relationship between the advisers who worked for Cerberus. Photograph: Cyril Byrne

Analysis: Brown Rudnick helped Pimco and Cerberus in Project Eagle bids

 Nama chairman Frank Daly and CEO Brendan McDonagh arriving at the Public Accounts Committee in Leinster House, Dublin. Photograph: Dara Mac Dónaill/The Irish Times

Pimco approached agency before Cushnahan’s resignation

Nama chairman Frank Daly (left) and chief executive Brendan McDonagh  yesterday. Photograph: Dara Mac Dónaill

US fund manager did not want to exit sale, Nama chairman Frank Daly tells committee

Nama chairman Frank Daly and Brendan McDonagh, former director at the National Treasury Management Agency arriving for the Oireachtas Banking Inquiry. Photograph: Gareth Chaney Collins

PAC investigates claims almost €10m in offshore account was intended for politician

Nama chairman Frank Daly who told the Public Accounts Committee any money based in an offshore account did not come from Nama.

Nama says ‘no undue political influence’ in Project Eagle sale

Nama sold €5.6 billion worth of loans against northern Irish properties to Cerberus for €1.7 billion in June 2014. The US fund hired US lawyers Brown and Rudnick, along with  Northern Irish firm Tughans, as advisers. File photograph: Cyril Byrne/The Irish Times

Agency ‘very confident . . . we achieved the maximum value for the Irish taxpayer’

Independent TD Mick Wallace. He claims that £7 million found in an Isle of Man bank account during an audit of Belfast law firm Tughans, which advised Cerberus, was destined for a senior Northern Ireland politician

Investment firm disputes explanation for its withdrawal from bid

Tourists on a jaunting car through Killarney National Park: Ireland is the seventh most recalled holiday destination by British people. Photograph: Sally MacMonagle

Tourist Confederation cites 40% drop in marketing in seven years, despite increased competition

Marie Hunt, CBRE head of research: said   16 office schemes were under construction in Dubin at the moment,  opening the opportunity for pre-letting space.

126 offices leased in capital in first six months of year, 26% more than in first half of 2014

Bray Wanderers lost its second manager this year when Trevor Croly announced at the weekend that he was leaving the club. File photograph: Cathal Noonan/Inpho

Shareholders fear plans to move from home ground and redevelop Carlisle

Eircode has two elements: a three-figure ‘route key’ number and a random, four-digit mix of letters and numbers that pinpoints the address.

‘Non-unique’ addresses render other systems inappropriate, says Liam Duggan

PAC chairman John McGuinness. Photograph: David Sleator

TD’s claims of €10m intended for figures linked with Nama sale to be investigated

Ryanair chief executive Michael O’Leary attends a new conference in Copenhagen.

Airline to move its one Copenhagen-based aircraft to Lithuania in protest at ruling

While there is no direct right of appeal from the Danish labour court, Ryanair has lodged its own claim against the unions. Photograph: Alan Betson

Ruling allows industrial action against the Irish airline at Copenhagen airport

Denmark’s labour court has ruled that the country’s trade unions can take industrial action against Irish airline, Ryanair.

Unions are objecting to the fact that crew on Ryanair aircraft are employed under Irish law

Postal code system: Gary Delaney of Loc8 warned the Global Address Data Association effectively identifies Eircode as a disaster that will make the Republic a laughing stock. He argued Eircode has no value for ordinary citizens as it will not be possible for them to use it to identity localities.  Photograph: Peter Thursfield

New post code system fails to meet basic requirements, industry expert says

Bookmaker Ladbrokes Ireland’s parent’s rescue plan for the troubled business has trumped alternatives proposed by rival Boylesports and others.

Proposal trumps rival offer from Boylesports

Ryanair: says  no evidence to support claims that its employment practices are bogus or atypical and describes statements by various individuals as misleading or unfounded. Photograph: Alan Betson/The Irish Times

European Parliament committee hearing told of complaints about employment terms

The share sale will dilute Denis O’Brien’s holding in Digicel, but the flotation document indicates that he will keep control of the business. Photograph: Dara Mac Dónaill

Denis O’Brien received $1.1bn in dividends from mobile phone business over three years

Denis O’Brien: he founded Digicel  in Jamaica in 2001, the company has grown across the Caribbean, central America and the south Pacific. Photograph; Dara Mac Dónaill

Tougher competition and technology changes pose threat to business

Digicel Chairman Denis O’Brien

Company has just filed documents with US markets regulator

Fans at a Bray Wanderers match in the Carlisle Grounds, The offer is likely to feed speculation that the grounds could be in line for development.

O’Connor writes to shareholders offering to buy them out

IAG last week formally announced its offer for Aer Lingus, valuing the airline at €1.4 billion

Commission’s competition directorate extends deadline on its current inquiry

Trading up: The Gulfstream G650ER has a list price of €60 million and a range of about 11,800km

Businessman understood to have ordered aircraft with €60m list price

Paddy Doherty has been chief executive of Dublin Bus for five years and has spent four decades in total with the company

HR manager Ray Coyne to takeover in lead role

EU Commission raises concerns over IAG  €1.4 billion  bid for Aer Lingus.

Issues over landing rights and transatlantic routes could delay IAG deal

The group, controlled by Irish businessman Paul Coulson, said in April it was considering floating the division. Photograph: Frank Miller

Group aims to raise €2 billion in equity and debt

Minister for Enterprise Richard Bruton: said the EU had yet to publish its proposals. Photograph : Matt Kavanagh/The Irish Times

Some groups are concerned that deal could provide for investor-state dispute settlement

The loss-making Ladbrokes Ireland plans to close 60 of its 196 betting shops and cut 250 of its 840 jobs under a rescue plan. Photograph: Cyril Byrne

Lack of information putting chain at disadvantage, court told

Tattersalls chairman and chief executive Edmond Mahony is optimistic that this year’s Derby Sale will beat the €14.7 million turnover of 2014 Tattersalls chairman and chief executive Edmond Mahony is optimistic that this year’s Derby Sale will beat the €14.7 million turnover of 2014

Edmond Mahony is looking forward to a bumper crop at this year’s Derby Sale

Preliminary bids for the South Korean Tongyang Cement & Energy group are expected today and reports have suggested that CRH will  be among the suitors

Rumours of CRH bid for South Korean energy group see shares rise 2.9%

Ryanair chief executive Michael O’Leary. Ryanair is preparing for a second, long drawn out legal battle with the UK Competition and Markets Authority

UK regulator says Ryanair must reduce 29.8% stake in Aer Lingus to 5%

In April 2012, the Central Bank suspended Marketspread’s licence for three weeks, citing concerns over audit and capital adequacy

SFS Markets sold business to Monecor Ltd, which trades as ETX, in July 2014

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