INM chief executive Robert Pitt  (far left, obscured) fails to vote for Leslie Buckley (far right) as chairman of INM at the company’s AGM in Dublin. Photograph: Sam Boal/Rollingnews.ie

Irish media company’s pretax profit falls almost 20 per cent in first half of year

Chief executive Robert Pitt and chairman Leslie Buckley: INM declined to comment last night, when asked to confirm that the review had reached no substantive conclusions. Photograph: Alan Betson

Review sought following row between Buckley and Pitt over how much to pay for Newstalk

Denis O’Brien’s company Deep Blue Cable is planning to spend $350m laying an undersea fibre optic cable in the Caribbean, possibly connecting with Cuba.  Photograph: David Sleator

Deep Blue Cable spending $350m on undersea link to connect Caribbean islands

James Osborne, the Ryanair director and former managing partner of A&L Goodbody solicitors, has died. He was aged 68.

Mr Osborne was a highly respected figure in Irish corporate and legal circles

The move means that, in effect, the Central Bank will take over the supervision of the Irish business from March 2019

Insurer expected to launch a full-blown Irish subsidiary but there will be no extra jobs

Digicel Chairman Denis O’Brien: accused web giants of peddling fake news and threatening the future of newspapers. Photograph: Swoan Parker/Reuters

Businessman takes on fake news, tries to force web giants to negotiating table

The 15 million passenger journeys annually between Ireland and Britain represent, for travel companies, a new retail market that will soon be ripe for tapping.

Duty-free drink may be 60 per cent cheaper for Irish passengers coming home from UK

Anti-water charge protests forced the Government to suspend residential charges last year.  Photograph; Dara Mac Dónaill

Suspension of residential charges has left Irish Water dependent on State funding

A branch of Iceland in the Cabra, Co Dublin. Photograph: Niall Carson/PA Wire

The frozen foods retailer is engaged in a major Irish expansion drive

Denis O’Brien’s company asked the court on Monday to throw out UPM’s  counterclaim: “After several failed efforts to have Digicel’s claims dismissed, [UPM] has resorted to what can only be described as their own brand of shock and awe offence.” Photograph: David Sleator

Denis O’Brien’s Caribbean mobile operator says UPM using ‘shock and awe’ tactics

The Iseq in Dublin rose  1.6%  on modest trading volumes as steady performances from the index’s biggest shares kept it firmly in the black

Havens such as gold, US treasuries and the yen fell while oil retreated

Steering group  Destination Athlone is banking on a collaborative approach to secure city status.

Local authorities and private-sector entities unite in bid for city status for midlands town

Athlone:  unfairly portrayed as  “a place to pass through”, says the group behind the bid

Submission to Government says midlands town could double in size before 2040

If reducing the 14 per cent gender pay gap between men and women is the aim, then boosting paternity leave entitlements and uptake is an obvious lever to pull.

Dramatic shift in rules needed to get Ireland out of nappies on work-home policy

Neil McDonnell, chief executive of Isme,  said lawyers coaching  clients to exploit the more generous awards under whistleblower rules was a ‘potential abuse’ of the system.

Under whistleblower protection laws, up to seven years’ pay can be awarded

Deliveroo now has more than 400 riders working its platform in the five largest Irish cities, of whom about 20 per cent are motorcyclists. Photograph: Mikael Buck/Deliveroo

‘Frank’ algorithm cuts food delivery times by 20 per cent, online service says

Danish jewellery maker Pandora saw its shares slump 14 per cent after  figures lagged estimates.

Providence and Paddy Power take a hit in Dublin but Pandora woes grab the headlines

Kim Kristensen (right): the former Danish army colonel led soldiers in Afghanistan and the Balkans before becoming a consultant.

Former Danish army colonel Kim Kristensen outlines key principles to good leadership

Barclays has confirmed it is in talks with regulators to use its Irish unit as its European Union hub following Brexit

Barclays has agreed terms on a lease for new Dublin premises to accommodate 400 staff

Robert Pitt, left, chief executive, and Leslie Buckley, chairman, with fellow directors Ryan Preston and Jerome Kennedy. Photograph: Cyril Byrne

Jerome Kennedy will step down from his position at the company’s agm next month

The Minister of Finance & Public Expenditure and Reform Paschal Donohoe holds shres in Diageo and is the target of drinks industry lobbying. Photograph: Collins Photos

Minister leaves himself open to conflict of interest claims over Diageo holding

Diarmuid Gavin in his ‘Garden of Pure Imagination’ at the Dundrum Shopping Centre. Photograph: Nick Bradshaw

Interview: The celebrity gardener on fame, China, and the horticultural establishment

Mandate has concluded a 4% pay deal for its staff at Penneys. The pay increase will be paid in two phases over 22 months

Retail Ireland says it is ‘understandable’ staff are seeking pay deals as sector recovers

CRH was up 2.5 per cent on Wednesday, matching its European peers.

Yellen signals no rate rises just yet as US inflation stalls

INM chief executive Robert Pitt: “We are very excited about Offscript’s potential.” Photograph: Bryan Meade

Joint venture between publisher and producer notified to competition watchdog

Sean Fitzpatrick, former chair of Anglo Irish Bank.

Fitzgerald awaiting advice of Attorney General before deciding whether to publish

Airbnb has close to 7,000 rentals available in Dublin, of which roughly half allow rental of the entire property. Photograph: Dara Mac Dónaill

Claims accommodation website is adding to housing crisis not supported by figures

Insurance Ireland’s office in Dublin, which was raided this week as part of an investigation by the European Commission into complaints about cartel-like behaviour. Photograph: Collins

At least four insurance firms in Ireland raided by European Commission this week

Irish Road Haulage Association president Verona Murphy: says her members had experienced premium hikes of up to 100 per cent in the space of a year, leaving the average cost of covering a truck at €5,000, compared with €3,000 in the UK and €2,000 in Poland.  Photograph: Dylan Vaughan.

European Commission investigating at least four brokers over anti-competitive practices

IFSC bond vehicle used kids charity as shareholder, raising concern in Washington

Gilead is threatening to injunct rivals Mylan and Actavis in Dublin over their plans to supply generic copies of Truvada. Photograph: Noah Berger/Bloomberg

Manufacturer of antiretroviral drug Truvada to seek High Court injunction

Musgrave will target an accelerated rollout of its chip shop brand Chipmonger. Photograph: Barry Cronin

Cork-based wholesale and retail group reports rise in profit before tax of 38%

Gleeson’s is expected to compete in the mid-to-upper range of the market, with larger rooms than is usual in the city. Photograph: Cyril Byrne

Move will add 16 bedrooms to existing food and beverage facilities

Bulmers maker C&C finished the session 1.1 per cent down, ahead of Thursday’s trading update and annual general meeting.

Trading volumes down as European stocks fall

Patricia Callan, director of the Alcohol Beverage Federation of Ireland, sees plenty of potential for tourism around Irish whiskey. Photograph: Dara Mac Dónaill

ABFI director wants the industry to be allowed into the policymaking tent

Giles Hurley, head of Aldi Ireland, is particularly excited by Aldi’s chilled fish section. Sales of the scaly stuff are almost two and a half times what they were two years ago. Photograph: Cyril Byrne

German discounter has taken note of Ireland’s post-recession consumer shift

Aldi stores will also get a cosmetic makeover under Project Fresh. Photograph:  Alan Betson

Grocer to expand its selection of fresh foods by increasing chiller space by up to 40%

Carl Leaver, who has also held senior roles at Marks & Spencer and DeVere, will become Eir’s next chairman. Photograph: Mike Ellis

Carl Leaver will replace Pádraig McManus as Eir gears up for flotation

Some sources suggest Dixons Carphone is likely to attract a number of interested parties for the Irish division of mobile operator ID Mobile. Photograph: Alan Betson

Struggling MVNO has sales of less than €6 million and losses of €11.4 million

Artist’s impression of what the planned €10m College Green plaza would like. Photograph: Dublin City Council/PA Wire

Traffic diversions and access concerns highlighted in submission to An Bord Pleanála

The New York stock exchange: The tech sector, which has been under pressure recently due to lofty valuations, was up 0.81 per cent on Wednesday. Photograph: Lucas Jackson/Reuters

Bank stocks prop up European markets as Draghi plays down interest rate fears

Settlements amounting to more than €14.4 million were agreed with Revenue in the latest list of defaulters, which covers the first quarter of 2017.

The founder of Dean Waste makes biggest settlement on latest list

Declan Ganley:  bought the unoccupied Derreen Inn pub complex last year. He said he would “save” it for the local community. Photograph: Andreas Solaro/AFP/Getty Images

Businessman says ‘entrepreneurs are treated like crap’ after planners reject scheme

The High Court case was filed by Dublin brokerage  McGivern Flynn against Stephen Patterson, who was chief executive until he left last year for a rival firm. Photograph: Stephen Hird/Reuters

Former chief undertakes not to take business from his old employer and to pay it €30,000

 Patricia Callan, new head of Alcohol Beverage Federation of Ireland, wants excise duties reduced in the budget. Photograph: Dara Mac Dónaill / The Irish Times

ABFI says a cut in excise would spur increased investment by drinks companies

The report estimates  91,000 net new jobs will be created in the South over the  next three and a half years, with sectors such as retail, construction and  health  set to benefit most. Photograph: Getty Images

Report predicts economic growth in the Republic will average 2.6% until 2020

More than a  third of consumers think it is a good time to buy big ticket items, while two-thirds of those surveyed said they would save money over the coming year. Photograph: Getty Images

BoI Pulse report says consumers becoming more confident about their finances

The move has come as a major surprise, given that management was guiding in recent months that Eir’s headcount reductions were finished for  now

Voluntary scheme is aimed at about 800 of its 3,300 employees

“Media monitoring is a hugely important service to our sector, particularly monitoring of print and broadcast media,” said John Carroll, chief executive of PRII

Kantar Media’s proposed takeover of nearest rival a concern, says competition commission

As a US-listed company, Apple would generally employ a more aggressive investment policy on its funds than a sovereign state. Photograph: Bloomberg

Government fears that if tax case is overturned, Apple could seek recompense

26/07/2015 - Finance Story on border businesses affected by Brexit (journalist Mark Paul ) Father and  son Terry and Terry McKevitt outside their  McKevitt's Village Hotel in Carlingford.Photograph: Enda O'Dowd / The Irish TimesKeywords: trade soft brexit border piost trade Northern Ireland Belfast Louth smuggling economy macbride mcbride

More than 100 Grant Thornton staff have registered to take part in Dublin Pride parade

Brendan O’Neill, who runs a cross-Border ferry service from Warrenpoint in Co Down to Omeath in Co Louth. Photograph: Enda O’Dowd

Anxiety among frontier businesses over the North’s status in customs union

‘Radio sector is in crisis,”  said Lucy Gaffney Communicorp’s chairwoman

Company concerned that new FM radio licences will damage sector’s viability

Chief executive Stephen Glancey (left), with Kenny Neison who has resigned as C&C finance director. Photograph: Bryan O’Brien

After nine years, Kenny Neison to leave cidermaker with immediate effect

Argentinian soccer star Angel Di Maria who plays for Paris St Germain but faced investigation over his time at Real Madrid. Photograph: Getty

Argentinian player received one-year jail term in Spain for tax fraud

Minister for Finance Paschal Donohoe: could define in his October budget speech the criteria acceptable for Employment Incentive and Investment Scheme approval. Photograph: Julien Warnand/EPA

Employment Incentive and Investment Scheme criticised by firms and investors

Dublin-based accounting firm BDO has commenced discussions with several Irish-listed companies to gauge their interest in investing in its proposed new €100 million fund. Photograph: Brian Lawless/PA

BDO plans to widen pool of listed firms to assemble €100m successor to existing fund

Corporate governance and corporate Ireland are often uncomfortable bedfellows. Photograph: iStock

Will organisers also please stop calling every conference a ‘summit’

The research finds that the goods trade from the south to the north would likely be hit harder by the imposition of WTO tariffs together with customs checks, with the food and agricultural and textile sectors most affected.

Imposition of WTO tariffs would be ‘worst case scenario’ according to Intertrade Ireland study

The Giant’s Causeway in Co Antrim.

Fears that weaker sterling could hit short-break visitors from Northern Ireland

 An abrupt sell-off in technology stocks that started around midday  in New York trading dragged the S&P 500 technology sector down as much as 4.2 per cent.  Photograph: Michael Nagle/Bloomberg

Euro stocks choppy as election delivers no clear winner on eve of Brexit talks

Sterling registered its biggest daily fall in seven months against the euro. Photograph: Dado Ruvic/Reuters

Expectations of softer Brexit policy help check slump in pound

Web Summit founder Paddy Cosgrave: extremely successful and driven but notoriously tetchy persona with an ego the size of Jupiter. Photograph: Eric Luke

Caveat: Paddy Cosgrave follows Michael O’Leary playbook as Moneyconf moves to Dublin

A nighttime view of the Dylan Hotel in Dublin 4, which has received a €10m renovation.

Move is designed to capitalise on shortage of hotel stock in Dublin city

The Bulmers/Magners cidermaker C&C has reiterated that its ‘home’ markets of Ireland and the UK are stable. Photograph: Bryan O’Brien

The company’s profits for the year were down by €8m from €103m

The Noonan Services sale may be worth between €170 million and €190 million

US private equity firm HIG among bidders in deal worth up to €190m

Expansion “underlines Ireland’s position as a hub for high-end technology”, said Enda Kenny

Irish medtech company plans to open new offices in Boston and Montreal

A survey vessel at work in the Irish Sea on the EirGrid East West Interconnector project

Slippage in profits due to rebates paid to electricity operators

Irish builders are using sterling’s weakness to buy materials from the UK

British goods and services currently regarded as a ‘bargain’ by Irish builders

Graeme Buchanan, managing director of Stobart Air, with Warwick Brady, deputy chief executive of the Stobart Group

Airline to hire 60 new staff to fly Embraer E195 jets

Tony O’Reilly, chief executive of Providence Resources, which has received approval from the State to transfer part of an Irish exploration licence to Cairn Energy. Photograph: Brenda Fitzsimons

Cairn will pay up to $42m to drill in Porcupine Basin

Kelly Martin has taken over as interim chief executive of US group Novan. He will juggle his time with his existing role as CEO of Malin Corporation. Photograph: Joe St Leger

Martin will juggle his time between Malin and Novan

During the Champions League final, expect Cristiano Ronaldo to rip off his jersey at some point to flex his muscles. Photograph: Alexander Hassenstein/UEFA via Getty Images

Cristiano Ronaldo and Mourinho have used Dublin to manage image rights cash

Quinlan Private chairman Derek Quinlan  is advising a consortium of European investors on an estimated €1.3 billion bid to buy Finance Tower in Brussels. Photograph:  Alan Weller/Bloomberg News

Deal would be one of largest property transactions in Europe in recent years

Brendan Smith: pleaded guilty to bid-rigging. Photograph: Collins Courts.

Fines in bid-rigging case ‘a ridiculous amount’

Leo Crawford (left), group chief executive, BWG Group, and Graham O’Connor, chief executive, Spar Group Ltd, with Lil Courtney, owner of three Dublin Spar shops including EUROSPAR Fairview, Spar East Wall and Spar Five Lamps.

A ‘significant slowdown in growth’ due to deflationary trends in Irish grocery market

Firmer director of Aston Carpets and Flooring Brendan Smith was fined €7,500 and given a three-month suspended prison sentence. Photograph: Collins Courts

Long road to first bid-rigging conviction ends with suspended sentence and ‘modest’ fines

 The newly-built  Central Bank of Ireland on North Wall Quay in Dublin:  Crean Mosaics, sister company of Aston Carpets and Flooring, recently completed €1.8 million of work on the new Central Bank headquarters.  Photograph: Alan Betson / The Irish Times

Flooring firm got huge State contracts despite bid-rigging probe into sister company

 A Deutsche Bank downgrade on the euro zone banking sector soured sentiment. Strategists at the German bank cut their rating on European banks to “underweight” and recommended investors lock in gains.  Photograph: Bloomberg

Food group Aryzta slumps 9% after reporting flat revenues

Up to €3 million will be spent on a major upgrade of Cafe en Seine on Dawson Street in Dublin. Photographer: Dara Mac Dónaill

Mercantile group lining up €20 million investment programme

M&S had sought a High Court injunction preventing a major extension to the Frascati centre. Photograph:  Nick Bradshaw

Retailer had objected to plans to revamp shopping centre in Blackrock

Camile Thai restaurant on Pearse Street, Dublin. Its owner Brody Sweeney is expanding into the UK market. Photograph: Dave Meehan

Caveat: Ability to bounce back from failure is the true measure of an entrepreneur

PlayOn  has already signed partnerships with NBA basketball  and European Tour golf. Photograph: Elsa/Getty Images

Founder Killian Jones wants to build Irish-owned start-up into a €290m business

Camile Thai food chain founder Brody Sweeney.

London ‘soft launch’ follows franchise-led expansion of chain to 15 outlets in Ireland

Niall Quinn: said the decision by Avanti to switch off Q-Sat’s services had come with no warning “like a Scud missile”. Photograph: Inpho/Morgan Treacy

Satellite broadband service had 3,000 customers in less accessible rural areas

The new plan Three announced is to apply a fair usage formula for users that has been agreed at European level. Photograph: Aidan Crawley/Bloomberg

Instead it is introducing a ‘fair usage’ policy in accordance with new European rules

Topaz garages are to be rebranded soon.

Canadian-listed Couche-Tard will bring its Circle K brand to Ireland next year

Sports Direct now occupies the former Boyers building on Talbot Street, Dublin. Photograph: Aidan Crawley

Caveat: Megastore is more than an acre of fresh competition

Traders work on the floor of the New York Stock Exchange. Wall Street rebounded after the Philadelphia Federal Reserve said its business activity index unexpectedly rose in May after declining for two months. Photograph: Brendan McDermid/Reuters

Bank of Ireland and Aryzta fall on Iseq after both announce new chief executives

C&C has blamed a decline in revenue on temporary “disruption” to its US business as it beds down a sales link-up with Pabst Brewing Company

Bulmers/Magners cidermaker interested in providing more loans to more Irish pubs

Vodafone’s organic service revenue growth slowed to 1.5 per cent in the final quarter from 2.1 per cent in the third

Wider group looks to calm investors after net loss of €6.1bn

Fine Grain Property is chaired by former Telecom Éireann chairman  Ron Bolger, pictured here in 1997. Photograph: Matt Kavanagh

Fine Grain Property Ireland teams up with Ireland Strategic Investment Fund

Deliveroo’s turquoise army takes to the streets of Ireland.

Caveat: Delivering big plans, rich footballers and Lidl expansions

Coillte CEO Fergal Leamy: said State’s forestry agency  has identified sites at locations including in Cork, north of Dublin and in the west of the country that might be suitable for housing. Photograph: Nick Bradshaw

State forestry agency identifies up to 300 hectares of land close to population centres

Maurice Pratt, newly elected chair of The Irish Tourism Industry Confederation, will lay out the challenges ahead when he meets Minister for  Tourism Shane Ross on Monday. Photograph: Aidan Crawley

Former Quinnsworth supremo takes the chair of the industry’s lobby group with a stark Brexit message for Government: act now or lo(...)

Up to €1 million has been spent in direct fire-fighting costs for the blaze at Cloosh Valley in Galway.

‘If anyone knew it would lead to what happened at Cloosh, they would never have started it’

     US retail industry lobbyist Matthew Shay has warned   that a  proposed  levy on imports   could cripple Irish exporters of food and clothing to America. Photograph: Getty

Washington lobbyist calls on Irish retailers to boost their engagement with politicians

A screen displays  the IBEX35 index at Madrid’s stock exchange market in Madrid, Spain. Photograph: EPA/Fernando Alvarado

Dalata hotel group falls sharply in Dublin, with its price down by 2.9 per cent to €5.02

NS last year established a company, Disa Assets, which is registered to a small, Dublin south city office building that is also home to NS Financial Services Company

NS’s Irish tax avoidance structure triggers heavy criticism from Dutch politicians

The bitter falling out between Frank  Gleeson on one side, and a consortium that includes Irish-American investors and Danu Partners, backed by the founders of Setanta Sports, on the other, spawned three separate legal actions

Peace deal to see group divided between US-backed investors and Frank Gleeson

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