A Construction Industry Federation (CIF) submission to the Oireachtas Committee on Budgetary Oversight warns shortfalls in State spending on roads, housebuilding and other services threaten future growth. Photograph: Frank Miller

Construction Industry Federation urges Government to seek money from Europe

Healthcare was the only sector in the black as Wall Street began to regain ground following a rough start on Monday. Photograph: Alex Grimm/Reuters

Construction and mining stocks lose out and Dow heads for its eighth day of losses

A ship is unloaded at Ecocem’s plant in the Dublin docks. Ecocem’s US subsidiary, Orcem Americas, was refused  permission to build a grinding mill on the waterfront at Vallejo in California. Photograph: Eric Luke

Irish ‘green’ cement group claims planning body’s judgments ‘subjective and arbitrary ’

Developer Garrett Kelleher: described issuing of warrant as “surreal” and said an appeal against it was under way. Photograph: Matt Kavanagh

Garrett Kelleher to appeal ‘surreal’ warrant issued over alleged contempt misdemeanour

Donald Trump: Questions over the US president’s ability to get legislators to support tax cuts weighed on markets on Tuesday. Photograph: Alex Wong/Getty Images

Top flight index winning streak ends as the pound surges to a three-week high

Eugene Murtagh: he last sold shares in March 2012, when he disposed of 5.12m units for €8 each

Kingspan chairman sold one million shares in group for €30 each on Monday

Frank Cushnahan is a former member of Nama’s Northern Ireland advisory committee.

Well-connected former Belfast banker Frank Cushnahan central to story

Parkside off the Malahide Road in Dublin: Cairn Homes has doubled the rate it is building on this site

Cairn Homes plans to build up to 400 houses and sell them for €300,000-plus this year

Gustavo de Arístegui: resigned as Spanish ambassador to India after allegations emerged about his business activities

Two men alleged to have been paid €3.3m via Emerald Business Consulting

Cairn subsidiary Capricorn Ireland will take a 30% share in a Providence Resources-controlled exploration licence FEL 2/14 in the Porcupine Basin about 200km west of Kerry

Independent Scottish Group is investing in exploration licences off the southwest coast

Paddy Power Betfair  lost €23 million  at the Cheltenham festival last year, according to chief executive Breon Corcoran. Photograph: Matt Cardy/Getty Images

Results show bookmaker won 8.7 per cent of €11.4 billion bet by customers in 2016

Fined: ZTE’s stand at the Mobile World Congress in Barcelona.  Photograph: Lluis Gene/AFP/Getty

ZTE agrees to pay up after inquiry into violation of US trade sanctions against Iran

Gene Murtagh: chief executive’s pay rose more than 9 per cent last year to €1.915 million, the Kingspan group’s annual report shows. Photograph: Alan Betson

Insulation manufacturer Kingspan’s report shows hikes in salaries and fees of executives

Chief executive Breon Corcoran described 2016 as a transformational year for the group.

Substantial one-off merger costs push group into £5.7 million loss last year

An Ecocem truck. Ecocem subsidiary Orcem Americas wants to build a grinding mill in Vallejo, in San Francisco Bay, California.

Orcem has the right to appeal the decision in Vallejo, San Francisco Bay, California

Commodity-driven stocks were some of the worst-performers on the blue chip index after China’s premier Li Keqiang said the country was aiming to expand its economy by 6.5 per cent. Photograph: Guang Niu/Getty Images

Deutsche shares pull down banking stocks as German heavyweight unveils €8bn cash-call

Opponents in Vallejo have already indicated that they will challenge any ruling allowing the Ecocem mill and deepwater berth to go ahead.  Photograph: David Sleator

Vallejo officials consider residents’ objections to Irish cement maker’s mill proposal

International Airlines’ Group will lease the new Airbus 321 neo LR aircraft – said to be one of the more cost-efficient narrowbody craft – in 2019 and 2020

Airline’s parent IAG is leasing seven Airbus A321s to replace existing long-haul fleet

CHC’s liquidator, Kieran Wallace of KPMG, is due to ask the High Court for directions on how to return funds to clients of the defunct investment firm and on how best to pay for that.

Kieran Wallace to ask High Court how funds of defunct broker should be returned

Traders prepare for the initial public offering of Snap Inc, the parent company of Snapchat, at the New York Stock Exchange in New York. Photograph: Justin Lane/EPA

Rising bets for Federal Reserve interest rate rise stoke optimism about global growth

CityJet executive chairman Pat Byrne said the carrier would be reducing the size of its crew base at London City Airport and would begin talks with the crew affected. Photograph: Getty Images

Airline to increase services from Dublin Airport to London City Airport

Scandinavian airline SAS  focuses on serving the Scandinavian market.

New airline will serve routes between Spain, Britain and Scandinavia using new aircraft

Ardagh Group will use the proceeds of the bond sale to buy back dollar- and euro-denominated debt due to be repaid between 2019 and 2022. Photograph: iStock

Packaging group says refinancing will cut €22 million a year from its interest bill

The tranche of 3.16 million shares in Bulmers maker C&C bought by Brandes Investment Partners was valued at at more than €12 million. Photograph: Bryan O’Brien

Activist shareholder’s stake in cider maker increases 1 per cent to 7.02 per cent

Bank of Ireland’s Pulse Survey says only one in three consumers consider this a good time to buy items such as furniture or electrical equipment, compared with 44 per cent in January.

Sentiment dips on concerns over finances, Brexit and Trump presidency, survey shows

Norwegian Air’s fares extend to a seat on a flight and a cabin bag. Photograph: Getty Images

Travellers from Irish airports asked up to €270 for US flights in July

Frank Keogh, chief executive DPS. Photograph: Cyril Byrne

Bracing for a Trump-fuelled growth ‘pause’ and its UK purchase of Alban

DPS chief executive Frank Keogh said the company will closely follow Brexit negotiations. Photograph: Cyril Byrne

Deal will give Irish group platform to offer specialist design and construction in Britain

Norwegian will provide the first ever transatlantic flights from Cork. Photograph: iStock

Airline will fly 24 times a week from Dublin, Cork, Belfast and Shannon airports

Norwegian Air International is due to give details of its proposed low-cost transatlantic services from Ireland.  Photograph: Dara MacDonaill

Connecticut joins airports in Stewart and Providence to be linked to Dublin and Cork

Digicel’s office in Port-au-Prince, Haiti. The company’s restructuring will  involve cutting one in four jobs and  signing a new partnership with a Chinese group, ZTE. Photograph: Thony Belizaire/AFP/Getty Images

Over 1,500 jobs to go in next 18 months as telecoms group moves to tackle €6.2bn debt

Bjorn Kjos: Norwegian Air Shuttle chief executive says transatlantic flights should on average cost about $300 to $350 (€285 to €332) return from Dublin and Cork.

Norwegian Air International may fly 12 times a week from Dublin and three from Cork

Traders  on the floor of the New York Stock Exchange.  Many retailers rallied on Tuesday after results from the crucial Christmas season exceeded Wall Street’s pessimistic expectations. Photographer: Michael Nagle/Bloomberg

Food group Kerry’s shares climb nearly 4% after announcing 7% rise in profits for 2016

Gary Kennedy, chairman, and Pat Gunne, director of Green Reit. The property investor launched an initial public offering in 2013 to raise cash to buy commercial property.  Photograph: Nick Bradshaw

Company’s net asset value rises 4.2% on higher rent roll

Bord Gáis suggests that US oil producers could respond to Opec’s move by increasing production, which would help to offset the cartel’s cut.

US producers may increase production in response to Opec’s decision to cut

Kingspan chief executive Gene Murtagh: Its  biggest business is manufacturing insulation panels and boards to cut energy consumption in buildings. Photograph: Cyril Byrne

Chief executive says price of steel and chemicals used to make insulation rising

Ryanair: moving closer to a full trial in case against Google and eDreams. Photograph: Getty Images

Airline is suing internet search engine over advertising by online travel agent eDreams

Fianna Fáil leader Micheál Martin at the Chartered Accountants Ireland Leinster Society business lunch in Dublin. Photograph: Eric Luke

Fianna Fáil leader urges special economic zone status for Northern Ireland

Michael Noonan: Some reports suggest that he is criticised in the Public Accounts Committee findings for meeting Cerberus representatives. Photograph: Alan Betson

Minister for Finance will rebut any adverse findings against him in PAC report on Nama

US Federal Reserve chairwoman Janet Yellen: Bank of Ireland and Permanent TSB both performed well on news that she intended to stick with her plan to increase interest rates. Photograph: Yuri Gripas/Reuters

Gambling firms in Ireland and UK under pressure after HSBC cuts ratings

Norwegian Air looks likely to make Stewart airport in New York its destination for Irish flights. Photograph: Chris Ratcliffe/Bloomberg

Airline’s planned flights from Cork and Shannon may land in New York state facility

Irish cement firm Ecocem backed candidates in the recent city council elections in Vallejo, California, where its plan to build a factory has met strong opposition

Californian city’s planning commission due to consider Orcem’s factory plan this month

CityJet is concentrating on building its wet lease business. It recently announced it was buying Copenhagen-based Cimber, which flies regional services in Scandinavia

CityJet also confirms it will axe its London City Airport-Paris Orly and Nantes flights

Lift-on lift-off business, that is cargo vessels carrying goods in containers, was up 5 per cent in Irish ports.

Irish Maritime Development Office figures show drop in coal imports and other traffic

A study of the Cheltenham national hunt festival by Gloucestershire University in the UK shows Irish people bought 57,375 tickets for the 2016 festival.

Study shows people in Ireland bought 57,000 tickets for the four-day festival last year

Bryan Cooper on Irish-trained Don Cossack on the way to winning the Cheltenham Gold Cup last year. Photograph: Michael Steele/Getty Images

Trade barriers and weaker sterling could damage business, says HRI

Irish manufacturer’s Ecocem subsidiary Orcem Americas wants to build a grinding mill in Vallejo, close to San Francisco

Irish cement manufacturer faces opposition from residents fearing environmental impact

Rule allocates temporary premium betting pitches on a rotating basis, rather than giving first refusal to longstanding senior pitch-holders.  Photograph: Joe O’Shaughnessy

Bookie challenges State body on rule governing allocation of racecourse betting pitches

Ticknick Park is one of three parks at the development

Corporate battles and receiverships have delayed the construction of the new suburb

  New York Stock Exchange  on Thursday: Twitter sank 10.7 per cent after reporting  lower advertising revenue in its latest quarter. Photograph: Spencer Platt/Getty

Airlines surge in US after Trump promises ‘phenomenal’ tax proposal in coming weeks

A detailed planning application is to be submitted in the coming months for a new €875 million Cherrywood town centre, as well as 1,300 apartments immediately adjacent to the Cherrywood Luas.

Minister for Housing breaks ground at Cherrywood site for 8,000 new homes

Airline has dubbed the 737 Max a “gamechanger”, as it will cut fuel bills by 20% while carrying 197 passengers, compared to the  737’s capacity of 189

Airline cashes in on low interest rates by borrowing €750m in its third bond issue

Ryanair transported 28.8 million passengers in the third quarter of its current financial year. Photograph: Josep Lago/AFP/Getty

Airline optimistic in middle of Q4 that, despite faltering profit, prediction will be met

Simtech’s  Bob Sheehan (right)  in a  flight simulator at  the company’s Dublin Airport Logistics Park headquarters. Photograph; Dara Mac Dónaill

New investors plan to expand scope of flight simulation and pilot training specialist firm

Ryanair  faces continuing uncertainty over Brexit. Photograph: Tony Gentile/Reuters

Profits fall 8% to €94.7m at the Irish airline on the back of cheaper fares and weak sterling

Wall Street climbed higher on Friday, with the S&P 500 nearing its record high, fuelled by robust nonfarm payrolls data. Photograph: Michael Nagle/Bloomberg

Ryanair and Bank of Ireland gain ground while Greencore continues recovery

FL Partners forecasts that the UK needs 300,000 new homes per year. Photograph: Bloomberg

Agency to focus on expanding from southeast England base through acquisitions

The fund launched by Seroba Life Sciences will typically place up to €10 million with each business it chooses to back. Photograph: iStock

First investment to be in Endotronix, which makes products for treating heart disease

DAA is likely to award the main contract to build the new Dublin Airport runway in coming months and construction could start mid-year.

DAA already has planning for runway but wants to alter a number of conditions

Roe & Coe whiskey, Diageo’s new product.

Bottle of Roe & Co whiskey to be priced at about €35

Passengers from other European countries are increasingly seeing the advantage of travelling to the US via Dublin and Shannon, said Regional and Business Airports Group chair Neil Pakey. Photograph: iStockphoto

Threat to pre-clearance undermines strategic advantage, says former Shannon chief

Jailed fraudster Achilleas Kallakis: was involved with numbers seven and eight St James’s Square, London, which have been sold for £245.9m by Irish developer Green Property

Irish bank was duped into loaning Greek businessman Achilleas Kallakis €740m

New American Chamber of Commerce president James O’Connor (centre), with chief executive Mark Redmond (left) and Barry O’Sullivan, chamber vice-president. Photograph: Maxwells

American Chamber of Commerce’s James O’Connor says State must stay competitive

The Competition and Consumer Protection Commission has launched an investigation into the sale of concert tickets. Photograph: Robin Pope/EyeEm/Getty

Inquiry to examine whether laws ensuring fair rivalry between businesses were broken

 Anne Heraty: says   CPL Resources  expects to grow profitably for the rest of its financial year

Listed recruiter grows revenues to €229m during six months ended December 31st

 Isolde Goggin: the commission chair said it would focus on potentially anti-competitive conduct by those involved in providing tickets and ticketing services, promoters and venues. Photograph: Eric Luke

Competition watchdog will inquire into ‘suspected breaches of law’

UK aviation minister Tariq Ahmad, Brexit secretary David Davis and London City Airport chief executive Declan Collier following a meeting to discuss Brexit’s implications for aviation. Photograph: Stefan Rousseau/AFP/Getty Images

British government does not want hard Border, says London City Airport chief

Under Cityjet’s ownership, Cimber will continue to operate services from Copenhagen for SAS. The Irish airline will fly services from Stockholm and Helsinki.

Cityjet to buy up to 10 Bombardier CRJ900 jets worth about €435m

Ryanair is cutting passenger numbers in Republic to 14 million from 14.4 million this year, with reductions in Dublin and Shannon. Photograph: Alan Betson

O’Leary hopes to sign long-haul deal with either Irish rival or Norwegian Air Shuttle

President Donald Trump has ordered the US to withdraw from the Trans-Pacific Partnership trade deal. Photograph: Pablo Martinez Monsivais/AP Photo

US president’s protectionist stance lines up shares for their worst performance of the year

Maas ranks as one of the world’s top companies in its field. Photograph: Frank Lee Roberts

Irish aircraft painting firm’s expansion prompted by demands of Airbus contract

Avolon’s chief executive Dómhnall Slattery: Avolon says  it will buy C2 Aviation Capital. Photograph: Eric Luke

Purchase will turn Irish-headquartered firm into world’s third-biggest air leasing group

An Airbus A320. Apollo Aviation now employs 25 people in Dublin out of a total of 65.

Likely US interest rate rises and Basel IV reforms set to feed into industry costs

Lufthansa logo: the airline’s subsidiaries Eurowings and Austrian Airlines recently agreed to hire 38 craft and their crew from Airberlin, another German carrier backed by Etihad, to fly routes for them.   Photograph: Alex Kraus/Bloomberg

Irish airline questioning German accord on grounds of competition

The annual  Global Airfinance Conference is held at the Convention Centre in Dublin. Photograph: Dara Mac Dónaill

Basel IV reforms will make lending against aircraft more expensive

Fumbally Square, a mixed use development in Dublin 8 has been acquired for a sum thought to be close to the asking price of €24 million

European property investment firm buys Fumbally Square offices and apartments in first Irish deal

Comptroller and Auditor General Séamus McCarthy had criticised Nama’s handling of a potential conflict of interest. Photograph: Frank Miller

Dáil group looked into €1.6bn sale of agency’s Northern Ireland loans

A number of trade unions which originally opposed Norwegian’s application for a foreign carrier’s permit have petitioned the US court of appeals to review the decision in a bid to have it reversed. Photograph: Chris Ratcliffe/Bloomberg

Unions claim Norwegian’s parent is using Irish company to skirt US and EU labour laws

The S&P 500 and Nasdaq trimmed early gain but remained higher in early afternoon trading. Photograph: Michael Nagle/Bloomberg

BoI and Permanent TSB make gains as FTSE 100 posts 12th consecutive record close

The Strand Apartments Complex in Limerick.

Tenants no longer face the loss of their apartments after criticism of US ‘vulture fund’

Finnair claims that its flight times between Europe and the Far East are among the shortest available. Photograph: iStock

Airline seeks to tap into European demand for Asian connections

Cityjet will provide three  Sukhoi aircraft to Brussels Airlines. Photograph: iStock

Irish carrier to provide craft and crew under deal agreed this week

Apollo raised $1.15 bilion last year to finance 67 aircraft through two asset-backed securitisations.

Aircraft financier increased fleet to 131 as company gained 20 new customers last year

 John Boyle of BoyleSports: “Jimmy Finlay and his family have built up a great business in Leinster with Bambury”

Deal brings the number of BoyleSports stores in island of Ireland to 219

Incoming head of the US department of transportation Elaine Chao  declined  to take a position on Norwegian Air International’s entry into the country. Photograph: Chris Kleponis/AFP/Getty Images

Incoming transportation chief’s refusal to take stance a boost for Irish-registered airline

Oaktree Capital listing at NYSE: The fund bought the debt owed against the Strand apartment complex from State agency Nama in July last year as part of an overall package where it acquired liabilities secured on about 950 apartments and a large number of commercial buildings across the country. File photograph: Getty Images

US fund has interest similar to the Strand in more than 900 apartments in the country

Short-haul traffic rose 11 per cent to 24.3 million passengers at Dublin Airport last year, while the number of long-distance travellers grew 12 per cent to 3.6 million.

Numbers rose 11 per cent on 2015 to new record as most airlines grew Dublin business

Ryanair’s chief commercial officer  David O’Brien said the new agreement with Stansted did not mark a change from its policy of shifting some growth away from the UK following its Brexit vote. Photograph: Getty Images

Carrier to add nine new routes and fly 20 million people to and from London gateway

Independent TD Mick Wallace: The High Court appointed Mícheál  Leydon, of Outlook Accountants in Dublin, as liquidator of M&J Wallace  following a petition from Promontoria Aran. Photograph: Gareth Chaney/Collins

Liquidator brings court case against Independent TD, who has been declared bankrupt

Cork Airport said  all markets grew last year, but the biggest expansion in percentage terms was on German routes

Passenger numbers at Cork Airport grew 8% to 2.23m last year

Panda Green’s takeover of Greenstar went to a phase-two investigation by the Competition and Consumer Protection Commission.

Watchdog cleared all cases it decided last year but imposed conditions on two

Alec Burger: “There is no shortage of liquidity in the industry. Whether it’s lending, whether it’s on the equity side, the demand, I think, for exposure to aviation finance seems very robust.”  Photograph Liam Burke/Press 22

Shannon-based Gecas is one cog in GE’s airline financing and purchasing empire

The legal battle between Lebanese-owned food wholesaler AJA and insurer Cigna Worldwide over losses incurred through looting during Liberia’s first civil war has been running for 25 yearsPhotograph: Patrick Robert/Sygma via Getty Images

With Canadian-born Irish lawyer Martin Kenney, he is embroiled in a decades old insurance claim that has been subject to hearings (...)

Boeing 737: General Electric Capital Aviation Services has ordered 75 737s, worth about €8.25bn.

Shannon-based GE subsidiary owns €42bn worth of aircraft, which it leases worldwide

US president-elect Donald Trump has been asked to revoke Norwegian Air International’s  foreign carrier’s permit, which allows it to fly between the EU and US. Photograph: Chris Ratcliffe/Bloomberg

Over 100 US legislators call on president-elect to revoke permit when he takes office

Gran Platja beach and Badia de Tossa bay on the Costa Brava. Spain will be big next summer, according to Ryanair. Photograph: Getty Images

Airline offers flights to sun destinations, accommodation, transport and support

Irish developer Garrett Kelleher has challenged US court’s jurisdiction over him.

Attorney to stop acting for plaintiff in legal costs in action backed by Irish developer

Dublin’s homeless crisis was discussed at Cabinet on Tuesday. Photograph: Reuters

Admitting delays, Government claims 210 beds for homeless available by end of week

Patrick Crean (left) and Greg Kavanagh: Mr Kavanagh  has called for vacant properties to be converted for use by  the homeless. Photograph: Nick Bradshaw

Greg Kavanagh says empty buildings across Ireland could absorb demand for housing

Cerberus got a judgment against the Mick Wallace in January, although the order was stayed for several months. Photograph: Gareth Chaney/Collins

Independent TD first highlighted the Project Eagle deal in Dáil in mid-2015

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