John Brennan, chief executive of Amaris Hospitality, which owns Jurys Inn:  the Irish hotel market continues to perform strongly in 2016. Photograph: Eric Luke

Group owned by US private equity firm Lone Star has Jurys Inn at centre of its portfolio

The Maybourne group – comprising the luxury London hotels Claridge’s, the Berkeley and the Connaught – netted Belfast developer Paddy McKillen £3.5 million last year. Photograph:  Yui Mok/PA Wire

Payment suggests claim property developer had arrangement with Qatari investors

Apple’s concern: The tech giant announced its intention to build the data centre in Athenry in February 2015, the same day that it also announced a similar investment in Denmark. Work is already underway on the Danish facility. Photograph:  Mike Segar/Reuters

Locals apply for judicial review following green-light from An Bord Pleanála

Ryanair chief executive Michael O’Leary: His outbursts are tailor-made to court controversy  but even   journalists   who fawn over him didn’t allow his charms to prevent them reporting on his airline’s profit warning that suggested   as much as €75 million could be wiped off its earnings due to Brexit. Photograph: Toby Melville/File Photo/Reuters

Both detraction and support of Ryanair boss’s rants show little more than prejudices

The Irish Management Institute: The college and UCC have agreed the terms of the merger, six years after a previous attempt failed because of the institute’s pension deficit.  Photograph: Brenda Fitzsimons

Proposed €20m deal would see institue becoming wholly-owned subsidiary of college

Terra Solar develops solar farms using technology designed to make the most of Ireland’s overcast conditions; they produce less power than panels designed for brighter environments but generate better efficiency from the power cells. The photograph shows a solar farm in Cornwall, southwestEngland. Photograph: Matt Cardy/Getty Images

Fresh capital doubles valuation of overcast conditions focused energy firm Terra Solar

Traders in the stock exchange in Frankfurt. Zalando and Carrefour led the region’s retailers higher after the German online company raised its profitability forecast and the French grocer reported sales that beat projections. Photograph: Reuters

British equities reverse losses as retailers put in strong performance

An Taisce argued the scale was “grossly excessive” and said it was inappropriate for “the historic medieval setting of St Patrick’s Cathedral”. Photograph: Eric Luke

An Bord Pleanála said the project would be an overdevelopment of derelict Coombe site

In its last financial year, C&C returned €115 million of cash to shareholders through dividends and stock buybacks. Photograph: Bryan O’Brien / The Irish Times

Cider and beer maker seen posting flat earings in current year as sterling weighs

The company behind the Topaz fuel and convenience store chain is suing a Dublin-registered company for €4.7m over alleged failure to complete a share purchase agreement. Photograph: Dave Meehan

Kendrick Investments seeking €4.7m from Circle K Holdings over Dublin Port assets

Minister of State for Financial Services Eoghan Murphy said the international school could be put in Minister for Public Expenditure Paschal Donohue’s constituency, Dublin Central. Photograph:  Brian Lawless/PA Wire

Plan to offer international baccalaureate in new Dublin school to help tempt firms from London post-Brexit

On Wednesday night, Usain Bolt tweeted a picture of himself with Digicel founder Denis O’Brien, Digicel group chief executive Colm Delves, and Digicel’s regional Caribbean chief Vanessa Slowey. ‘Just chilling with the big boss himself,’ tweeted Bolt.

Founder of lobbying firm files defamation claim over Sunday Independent coverage

 New York Stock Exchange: power companies  the only group to advance. Photograph: Michael Nagle/Bloomberg

Prospect of increased regulatory costs for Irish banks a possible reason for share falls

Vacant centre bought from company linked to Lithuanian retail magnate Nerijus Numavicius

U2 perform at the 3 Arena. The Live Nation-controls the companies that run the venue saw profits rise 75 per cent. Photograph: Eric Luke

Firm linked to Electric Picnic made trading profit of nearly €1m

Minister for Finance Michael Noonan promised a new “SME-focused” regime in budget speech, but opted to delay its introduction  until Budget 2018

Exporters say budget did not do enough to back Irish firms’ ability to compete abroad

Traders work at their desks in front of the German share price index, DAX board, at the stock exchange in Frankfurt, Germany. Deutsche Bank rebounded 3.4 per cent.

Drugmaker Malin climbs 7% after announcing boost to management

There appears to be a sense emanating from within Tesco that it has laid the foundations for an improved run at the market in Ireland. Photograph: Luke MacGregor/Reuters

Every little helps as multinational grocer reports third straight quarter of sales growth

Traders  on the floor of the New York Stock Exchange. Twitter shares plunged 21 per cent after technology news website Recode said Disney and Alphabet were not in the race for the company. Photograph: Brendan McDermid/Reuters

UK stocks fell slightly but managed to remain near their record high levels

Clerys workers Emily McDermott  and her daughter Nathania, from Donaghmede , at a  demonstration in support of Clerys workers on O’Connell Street, Dublin, last year

‘Interest and fees’ payment to Gordon Brothers was six times larger than previous one

The euro has risen almost 2 per cent since the weekend to a five-year high of 88.4p on Wednesday

Currency has surged 16% against sterling since Brexit vote and talk of ‘hard’ exit

Tesco said it was on track to deliver profit of £1.2 billion for the full year. Photograph: Nick Ansell/PA Wire

Supervalu still market leader as Lidl and Aldi attempt to lure shoppers from British grocer

Clerys department store, which closed in controversial circumstances in June 2015. Photograph: Aidan Crawley

Payment recorded as ‘interest and fees’ was nearly six times larger than in previous year

Financial statements recently filed reveal that 80 per cent of Natrium, the company that bought Clerys on the eve of the store’s closure, is vested in an Icav.

Majority of shuttered Dublin store owned by collective asset vehicle

Rio Olympics silver medallists Gary and Paul O’Donovan with BWG chief executive Leo Crawford at the group’s conference in Killarney for Spar/Eurospar operators and franchisees. Photograph: Don MacMonagle

BWG chief Leo Crawford says group to focus on fresh food, innovation and digital trends

 PwC offices in Dublin Docklands:  81 per cent of those it surveyed believed red tape is the greatest threat to growth. Photograph: Nick Bradshaw

Third of 50 insurance leaders surveyed by PwC and Insurance Ireland fear effect of new rules

MyHome found that average asking prices in Dublin were €327,000 but €232,000 nationally. The number of houses for sale was down 2.6% to just under 23,000

Two quarterly reports from MyHome and Daft show prices rising but supply drying up

The K Club:  it recently doubled the number of bedrooms to 140, it  hosted the Irish Open last year, which will have raised its profile, and tourist numbers are up. Photograph: Eric Luke / The Irish Times

Operating loss falls to €2.4m from €3m and turnover rises to over €13.2m

Richard Moat, CEO of Eir: there are clear signs he will intensify Eir’s focus on selling its products, after a period when it was very much focused on upgrading its network. Photograph: Aidan Crawley

Moat continues to ring the changes with management and divisional restructuring

The Doubletree by Hilton will be renamed the Clayton Burlington Road. Photograph: Dara Mac Donaill / The Irish Times

Listed hotel operator will take on 25-year lease for €2.5m in deal to close in November

Tourism is responsible for one in eight jobs in the State and is worth an estimated €7.3 billion to the economy. Photograph: Bryan O’Brien

Tourism is an engine of the economy but road trip shows it needs some fine-tuning

Man-made treasures such as the Great Western Greenway in Mayo pulls scores of walkers and cyclists to the region. Photograph: Michael McLaughlin

Ireland is blessed with a priceless natural resource in tourism terms – its people

Some of the larger boats on the Shannon cost upwards of €2,000 to hire weekly in high season. Photograph: Bryan O’Brien

As I complete the last leg of my Irish tour it’s obvious that other parts of Ireland would benefit from branding

The replica emigrant sailing ship the Dunbrody in New Ross Co Wexford after her launching yesterday. PHOTOGRAPH - FRANK MILLER 11.2.01 The replica emigrant sailing ship the Dunbrody in New Ross Co Wexford after her launching yesterday. PHOTOGRAPH - FRANK MILLER 11.2.01

In the second of a three-part series in which we speak to tourist businesses, we visit Waterford, Kilkenny, Wexford and Meath

Tullan strand in Bundoran, Co Donegal, which has become one of Europe’s surfing hotspots.

The first of a three-part series in which we speak to tourist businesses around Ireland

Photograph: iStock

How to Be a Man: I don’t have the tools or experience to teach my girls how to become women, but I can teach them about men

UK supermarket stocks slumped after the British arm of Aldi said it will invest £300 million in store revamps following another year of record sales. Photograph:  Daniel Leal-Olivas/AFP/Getty Images

Iseq in Dublin falls 1.5 per cent on a difficult day for many of the index’s leading stocks

Lidl staff members take part in a quiz show as part of a large multi-day event in which the German supermarket chain launched a new approach to customer service.

Caveat: Nearly 5,000 staff from across Ireland attend US-style gathering on how they may change their approach

A special tax break brought in to boost the tourism industry is being utilised by the corporate caterers to multinationals such as Apple, Google and Facebook, while at the same time it is being denied to many genuine tourism businesses.

The reduced VAT rate is denied to many genuine tourism businesses

Clerys in O’Connell Street, Dublin. The wind-up of the store’s operating company OCS Operations has been delayed by legal proceedings, says KPMG. Photograph: Dara Mac Dónaill

Report prepared on alleged conduct of Clerys directors prior to liquidation

Greenman’s  Income Pro AIF, which is financed by wealthy Middle Eastern investors, has bought a hybrid centre in Berlin from Edeka, the largest supermarket group in Germany, for €30 million. Photograph: Getty Images

Greenman Investments has been in acquisition mode for more than 18 months, and says it intends to continue its buying spree

The Burberry  show at London Fashion Week: the stock climbed 3.6 per cent with analysts saying investors appeared to be reacting favourably to its “see now, buy now” collection at the fashion week. Photograph: Jeff Spicer/Getty Images

Britain’s top shares index rose, lifted by gains in consumer goods from Burberry to Tesco

The year’s strongest performing industries in the S&P 500 – energy, phone and utility and raw-materials companies were the biggest losers in Friday’s trading.  Photograph: Michael Nagle/Bloomberg

US stocks fall most since Brexit after Federal Reserve signals possible interest rate rise

The funniest thing I read this week about the Dublin Bus strike was that the company’s Ghost Bus tour was cancelled. I deal with “ghost buses” every day. Photograph: Colin Keegan, Collins Dublin

I now expect the service’s ‘real-time’ boards to be complete works of fiction

Gary Palmer, chief executive of the Irish Debt Securities Association (IDSA), suggested the international funds that are heavy buyers of Irish property loan portfolios may factor in the closure of the tax loophole when pricing their bids.

Minister for Finance shut down the loophole used by so-called vulture funds to cut tax bills

Shaun Quinn, the chief executive of Failte Ireland, said the fund received applications “from every corner of the country” and the level was higher than the agency had anticipated. Photograph: Alan Betson

Applicants to be assessed on potential to boost overseas visitor growth and create jobs

Bank of England governor Mark Carney has said the risk of a recession has receded because of the bank’s actions after the Brexit vote.

UK stocks advance as Bank of England governor says recession risk has receded

Former Ryder Cup captain Paul McGinley talks to Aisling Dodgson, head of treasury, at Investec at the Women in Leadership meeting in Dublin on Tuesday hosted by the Dublin Chamber of Commerce. Photograph: Conor Healy Photography.

Ryder Cup captain in 2014 outlines ‘manoeuvres’ which helped him land coveted role

Coca-Cola  CEO Muhtar Kent. Photograph: Brenda Fitzsimons

Global business forum held in Dublin ahead of college football game

Paddy Cosgrave who moved the Web Summit from Dublin to Lisbon. Photograph: Eric Luke

Event moved due to high room rates in Dublin but Portuguese prices look similar

Martin Zielke, chief executive officer of Commerzbank: the bank rose 2.2 per cent, leading gainers on Germany’s DAX. The stock was supported by news the bank and its r rival Deutsche Bank recently explored   merger prospects. Photographer: Martin Leissl/Bloomberg

European shares weighed down by pharma and oil, while Irish recruiter CPL is up 3.2%

Blaine Callard, chief executive of the retailer’s Irish operations, said it is planning further expansion here after confirming its intention to open a 14th store in west Dublin. Photograph:  Alan Betson

Australian group’s Irish operation achieves profit after entering market 13 years ago

The Crowe Horwath study shows the standard industry metric of revenue per available room (RevPar) was €65.52 on a national basis in 2015

Returns up across the country, with Dublin hotels earning €16,913 profit for every room

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”

Independent News & Media 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’

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