It seems that Musgrave, the owner of SuperValu, has stepped in to smooth the way for HCJV

Group buys about €80 million of HCJV property loans owed to IBRC

Phil J Clarke: ‘I’m retiring, so I’m looking forward to a change of pace.

Retirement offers opportunity to remould Irish management team

Irish Wind Energy Association chief executive Kenneth Matthews speaking atthe association’s annual conference. Photograph: Patrick Bolger

Reducing emissions in agriculture not an easy task, says UCC lecturer

John Teeling: veteran investor. Photograph: Dave Meehan

John Teeling was always a mentor of sorts to his neighbour Colm Lyon

CHQ Building in the IFSC. Photograph: David Sleator

Project targets 400,000 visitors a year which would make it the sixth most popular paid tourist attraction in Ireland

Phil J Clarke has bowed out less than two years into his tenure. He joins a slew of senior executives who have left Tesco in recent months.

Supermarket chief Phil J Clarke bows out after just two years in Ireland

Philip J Clarke, who was appointed chief executive of Tesco Ireland less than two years ago, is leaving the role. (Photograph: Dara Mac Dónaill/The Irish Times)

Philip J Clarke will be replaced by managing director of Tesco’s London business

ESB’s chief executive Pat O’Doherty saidthat the results reflect “a solid performance across the group’. (Photograph: Alan Betson / The Irish Times)

Company welcomes ‘solid performance’ in challenging year as operating profits dip 20%

Microsoft  and Google likely to be among the candidates scouting locations. Photograph: David Paul Morris/Bloomberg

Other multinationals with operations here will follow Apple’s lead, says IWEA

The High Court was informed last week that the case had been settled and it was struck out by Mr Justice Raymond Fullam

When spread-betting company went bust there was a black hole in its client funds of at least £13m

For CRH the acquisition will catapult it into third spot in the global rankings of building materials groups

CRH executives to meet managers from cement giants who are selling businesses worldwide as a result of €40bn merger

GreekPrime Minister Alexis Tsipras: lambasted Declan Costello for writing a letter to the Greeks in which he appeared to put pressure on the country to stall a parliamentary vote on a suite of anti-poverty measures.  Photograph: EPA/Stephanie Lecocq

Prime minister Alex Tsipras says ‘some technocrats are trying to scare us with ultimatums’

 Paddy Power chief executive Andy McCue has moved to acquire the independent bookmakers owned by publican James Reilly. Photograph: Dara Mac Dónaill

Bookmaker plans to buy The Track outlets in Donabate and Swords

Businessman had plenty to occupy his mind as he watched Manchester United beat Spurs

Six Nations rugby: More than 120 executives from the property investment and development world must guess the scores of Six Nations matches as part of the Armchair Pundit rugby score prediction game being run by the property group HWBC. Photograph: INPHO/Cathal Noonan

More than 120 executives from property sector vie to tip championship winner

 Café en Seine: The Irish Brokers Association  held its annual awards shindig last night in the Mansion House with an after party in Café en Seine

If the IBA is the Judean People’s Front, then PIBA is the People’s Front of Judea

Potential PR problems ahead for banks that have another, more expensive guarantee

´The Lisheen zinc and lead mine in Thurles, Co Tipperary. The Irish mining industry is centred around zinc production. Photograph: Alan Betson

Ireland performs relatively poorly when it comes to certainty of rules surrounding environmental protection

Building materials group is trying to acquire assets owned by its industry rivals Holcim and Lafarge

Bruno Lafont, chief executive  of Lafarge: his firm and Holcim are closer to resolving their differences over the role that he would have in the enlarged, merged  group.  Photograph: Kosuke Okahara/Bloomberg

Assets purchase depends on outcome of discussions between Holcim and Lafarge

 The InterContinental hotel in Ballsbridge, Dublin, which has been bought by a consortium backed by US television magnate John Malone. File photograph: Alan Betson/The Irish Times

Five-star Ballsbridge property had been on the market for an estimated €50 million

CRH will receive a break fee of more than €157 million if Swiss company Holcim and its French peer Lafarge fail to complete the merger they agreed last summer

CRH shareholders’ meeting will go ahead on Thursday to ratify purchase of assets

The new group of investors i includes the chain’s management and private investors such as Emmet O’Neill, a nephew of Denis O’Brien. Photograph: Cyril Byrne

Consortium led by Brentwood Investments buys chain

Kevin Foley of the Labour Relations Commission is charing the ESB Industrial Council meeting that will assess the case. Photograph: Eric Luke

Staff want annual rise of 3.5% for three years, backdated a year

Paddy McKillen is a shareholder in the group which includes Claridge’s, the Connaught and the Berkley in London. Photograph: Yui Mok/PA Wire

Shareholders include McKillen, Quinlan and Barclay brothers

L&R, which owns the Intercontinental hotel, formerly the Four Seasons, in Dublin’s Ballsbridge, was recently brought on board by Mr Smyth to fund his bid. Photograph: Nick Bradshaw

London & Regional replace Galen Weston as backers of Noel Smyth

Brown Thomas: could find itself with an even more direct rival on its hands across the Liffey. Photograph: Eric Luke

Both Fitzwilliam Finance and Apollo Investment want to gain control of Dublin department store

 Elena Baturina: Russia’s richest woman. Photograph:   Gareth Chaney Collins

Patrick Joyce to lead team operating Dublin hotel for Elena Baturina

None too delighted: Minister for Finance Michael Noonan. Photograph: Alan Betson / The Irish Times

. . . but not for long

Anthony Ujah yanking on the horns of Hennes, team mascot of FC Koln, which is sponsored by  supermarket chain Rewe

Bullish Dublin investment fund buys German retail development for nearly €19m

Gavin Stark: bullish mood

Gavin Slark presents stellar results at building materials supplier

A Tullow well in  the Lake Albert Rift Basin, in Uganda. The company is in the midst of a $500 million cost-cutting drive after the price of oil halved since last summer

Company begins 30-day redundancy consulation with 140 employees in capital

Portfolio includes more than 400 towers used by mobile and broadband operators

Minister for Finance Michael Noonan has told Independent TD Catherine Murphy he ordered a departmental review into Denis O’Brien’s €45 million purchase in 2012 of Siteserv from IBRC. Photograph: Bloomberg

Minister says ‘concerns’ raised about quality of decisions in transaction

A Coillte plantation near  Horse & Jockey in Tipperary. It has hired a former advisor to the Minister for Agriculture as its new chief executive.

Company without chief executive since 2013

Wind energy: In Ireland, windfarms are currently heavily subsidised. Photograph: David Ramos/Getty Images

The semi-State peat harvester intends to reinvent itself as a renewable energy provider

Minister for Finance, Michael Noonan. Photograph: Dara Mac Donaill / The Irish Times

Our Hellenic cousins can’t catch a break from Ireland’s political leaders

 Neville Isdell: former CEO of Coca Cola.  Photograph: Eric Luke

Neville Isdell missed Ireland’s while en route to funeral of former colleague Don Keough

Premium branding? Ukip’s Nigel Farage takes part in a Paddy Power campaign during the Ryder Cup

Bookmaker announces record profits but still can’t make up its mind to get serious

Alan Murphy: earned his corn as one of the country’s top property lawyers during the glory years

Another period of growth is expected at the company that added 80 staff last year

Nerijus Numavicius: very careful these days regarding issues surrounding planning and construction

Council found redevelopment in breach of a planning condition

Robert Finnegan:  discovered his inner rock star. Photograph: David Sleator/The Irish Times
Finnegan’s awake

Robert Finnegan took to the stage in front of a racuous, well lubricated crowd

IBRC Assurance, the insurance arm of the former Anglo Irish Bank, is said to have a portfolio of about 40 European properties, worth about €1 billion. Photograph: Matt Kavanagh

Retail outlet in Antwerp along with two office properties in Brussels disposed off

Neville Isdell bought the CHQ centre for €10 million in 2013

Neville Isdell has assembled a 'blue ribbon' group including former Labour minister Ruairí Quinn to guide his Epic Ireland projec(...)

Harvey Norman, which sells furniture, homewares and electronics, narrowed its losses last year to €7.4 million, down from about €11 million.

Retailer closes in on first profit in a decade

Demonstrators from various anti-wind farm groups protest as Minister for Energy Alex White officially opened Bord na Móna’s €115 million   wind farm at Mountlucas, Co Offaly. Photograph: Dara Mac Dónaill/The Irish Times

State company plans to become major producer of green energy

 Petroceltic chief executive officer Brian O’Cathain survived the attempted putsch by its 28 per cent shareholder Worldview. Photograph: Dara Mac Dónaill.

Company says it is ‘fully confident’ results are accurate

Richard Moat, the chief executive of Eircom, said the company would now review its property portfolio, which numbers about 1,200 sites nationwide, to see if there is scope for other commercial deals.

Telco also announces half-year revenue decline of 4 per cent, but says growth is near

 Tesco  group chief executive Dave Lewis:  said he will cut its central administration costs by 40 per cent. Photograph: PA

Impact of parent group’s chief executive Dave Lewis becomes apparent

Fyffes, the banana distributor, slipped more than 1.5 per cent to close the day at €1.17 per share. Photograph: Simon Dawson/Bloomberg

Iseq climbs 1.1% to close at highest level since 2008

Angelo Moskov, CEO Worldview Capital, speaking watched by Alasdair Robinson, company secretary, Robert Adair, chairman, Brian O’Cathain, chief executive officer at the Petroceltic EGM, in Kildare Street, Dublin. Photograph: Dara Mac Dónaill/The Irish Times

Where to now for the oil explorer, whose CEO on Wednesday survived a vote to oust him?

Vincent Browne: justified his world view by referring to conversations he had with a businessman “with his finger on the pulse”.  Photograph: Brenda Fitzsimons

Lobby group slammed Browne for insisting talk of a recovery is overblown

Stephen Glancey: C&C boss.  Photograph: Bryan O’Brien

British brewery brings trademark infringement case against Bulmers maker

Electric Picnic: three-day event. Photograph: Dave Meehan

The mobile phone operator has signed deals for Electric Picnic, Longitude and the New Year’s Eve festival

Monster, the Real Madrid to’s Barcelona, has come on board as a sponsor of National Employment Week. executive no longer needed for National Employment Week debate

Irish pubs: due to be snapped up by  US investment houses

Portfolio of about 70 pubs will surely be snapped up by a US investment house

Ciarán Fitzgerald will be presented with an outstanding contribution to rugby award. Photograph: Alan Betson

Digicel director’s Haiti-focused charity to host Six Nations-themed fundraiser

Almost exactly 12 months ago, CRH’s then new chief executive, Albert Manifold, said the company had “forgotten its core principles” during the boom. Photograph: Brenda Fitzsimons

Albert Manifold has transformed firm’s fortunes and delivered impressive set of results

Brian O’Cathain, chief executive of  explorer Petroceltic International, has survived an attempt to oust him Photograph: Dara Mac Dónaill / The Irish Times

Petroceltic board expected to seek meeting with dissident shareholder Worldview Capital

Digicel, the Caribbean mobile operator owned by Denis O’Brien, plans to raise $925 million in unsecured loan notes to fund a buyback of more expensive senior debt. File photograph: Alan Betson/The Irish Times

Moody’s assigns junk rating to latest loan notes, citing ‘sizeable dividend payments’ to O’Brien

Shareholder advisory firm Glass Lewis benchmarked Petroceltic’s performance, in terms of total shareholder returns, against peers including Circle Oil, Afren and Cairn Energy. Photograph: Thinkstock

Irish oil and gas explorer set for bitter showdown with dissident shareholder

Digicel has accused UPM of bypassing its Haitian systems to terminate international calls on its network for free using a sophisticated technique

O’Brien-owned telecoms firm enlists Haitian police to investigate alleged fraud

Aer Lingus’s board recommended the IAG’s proposed takeover bid  but political and trade union opposition has been significant. Photograph: Matt Kavanagh

Trade unions to meet incoming CEO Stephen Kavanagh this week

Dermot Desmond will receive a fee of 3 per cent of the funds raised for underwriting the issue. Photograph: Cyril Byrne/The Irish Times

Financier owns 25% of Mountain Province Diamonds

Company run by Tony O’Reilly jnr issued a statement partly confirming the rumours. Photograph: Eric Luke/The Irish Times

Oil explorer looking for fresh fundraising

Bewley’s Cafe on Grafton Street, Dublin 2: it is  closing for six months for a major overhaul. Photograph: Aidan Crawley

Amanda Pratt earmarked to oversee revamp and running of landmark Dublin cafe

Pat Doherty of Harcourt Developments: developer says it is on course to exit Nama in 2016. Photograph: Arthur Allison.

Doherty family appears not to have lost control in restructuring

Dalton Philips:  possesses an abundance of  exquisite taste.

The Wicklow man and ex-WM Morrisons boss has put his 18th-century townhouse on the market for £1.65m

Worldview’s Denis Ischenko, who had a part in ‘World War Z’, has a new battle to fight

Any  issues in relation to bonuses for senior staff are likely to be particularly sensitive for Eircom’s rank and file employees, who have borne the brunt of cost cuts in recent years. Photograph: Aidan Crawley/Bloomberg

Inquiry focuses on alleged past actions of small number of personnel

CRH recently announced the €6.5 billion acquisition of assets from Lafarge and Holcim. Photograph: Brenda Fitzsimons

Oxford graduate worked for UBS for 21 years and is on board of UK Financial Investments

Brian O’Cathain of Petroceltic: the Dublin-based oil and gas exploration company is still in the sights of Dragon Oil, which aborted a £500 million bid for it in December. Photograph: Eric Luke

Takeover of Irish explorer still a possibility despite Worldview’s claim it is ‘unsaleable’

Larry Goodman’s firm ABP Foods. His son Larry jnr is  entering the property market.

Son of meat industry tycoon Larry Goodman plans to capitalise on rebound in house prices

 Pat McDonagh: highly unlikely to ever open any Supermac’s outlets on the continent.  Photograph: Joe O’Shaughnessy

Supermac’s boss was all over the media this week playing David to McDonald’s Goliath

Forty Foot: The place was teeming with relaxed punters, but the toilets, unlike your average Dublin hostelry, were spotless

If this is the enemy of the rip-off riddled Irish pub industry, then bring on the war

Hair-raising campaign: John McCormack with fundraisers Sinead Gillespie (left) and Justine O’Donnell. Photograph: Andres Poveda

Irish businesses are getting involved in the Irish Cancer Society’s fundraising campaign

Mark Goodman: is he Ireland’s next beef baron? Photograph: Courtesy of RTÉ

Larry Goodman was first into the US market with €15m contract for his Anglo Beef Processors to supply beef to Sysco

Aidan Heavey: paper loss. Photograph: Cyril Byrne

On the Dublin stock market Tullow’s share price breached €18 in its glory days

Dermot Desmond: will have a second big bet on diamond exploration in the Arctic

Financier has indicated he will back €14m fundraising by Kennady Diamonds

The Supermac’s  chain is understood to be looking at opportunities to open restuarants in Britain.

US chain is attempting to block Supermac’s from registering its company name in Europe

The Apple investigation is examining whether its corporate tax arrangements gave it an unfair advantage over other companies. Photograph: Yui Mok/PA Wire

Government to take EC to ECJ if it finds Apple’s Irish tax deal constituted illegal State aid

Aer Lingus fell by as much as 10 per cent in Dublin in the afternoon, before coming back to close around 4.4 per cent down to €2.12 when the market closed

A drop in banks led European stocks lower, with concern growing over Greece

 Ruairi Quinn TD and Minister for Jobs, Enterprise and Innovation Richard Bruton  with Version 1’s chief executive Justin Keatinge. Photograph: Bryan O’Brien / The Irish Times

Move brings number of acquisitions the IT services company has made since 2013 to five

 UTV Ireland,  which was recently launched by UTV Media,   which says  it is exploring a sale of its portfolio of 13 local radio stations in England and Wales. Photograph: Cyril Byrne/The Irish Times

Belfast-headquartered firm says it is ‘assessing its options’ for stations in England and Wales

 David Duffy: lopped €1.2 million off the asking price.  Photograph: Gareth Chaney Collins

AIB’s chief executive still seeking a buyer for his plush eight-bed holiday home

Michael O’Leary: guesting on The Late Late Show.  Photograph: Dave Meehan

New figures from show that Ryanair opened the most new routes of any airline in the world

Liz Delaney’s has had its own problems

International Monetary Fund:  tends to live in lingoland

IMF said Ireland should ‘internalise the externalities’ affecting its boom-bust-boom housing market

Porterhouse Parliament Street:  made profits of €320,000

Group incorporates about seven bars, five restaurants, Lillie’s Bordello nightclub, the Dingle Distillery and its brewing operatio(...)

Tesco said it would reduce its capital expenditure for next year to £1 billion, from no more than £2.1 billion this year and cut costs by £250 million a year

Supermarket chain to cut costs and sell assets as it seeks to win back market share

Irish stores will ultimately be overseen by the boss of its British operation, which is set for an overhaul

IDA chief executive Martin Shanahan is “cautiously optimistic” going into 2015. Photograph: Alan Betson/The Irish Times.

Agency reports that employment in Irish- based multinationals reaches record high

In addition to fleshing out Dalata’s assets, the Moran Bewley group brings greater quality

John Hennessy (standing) with from left; Dermot Crowley, Margaret Sweeney, Sean McKeon, Pat McCann, Robert Dix and Alf Smiddy at the Dalata Hotel Group meeting. Photograph: Dara Mac Dónaill

Deal doesn’t include Moran’s landmark Red Cow hotel in west Dublin

The latest supermarket ad tracker data shows Tesco has upped its advertising massively in the Irish market – by more than 100 per cent – so it won’t lose top billing without a fight. Photograph: Chris Ratcliffe/Bloomberg

Outbreak of hope across retail spectrum after seven years of struggle

Ibec chief executive Danny McCoy: many companies “remain in survival mode” and cannot afford pay rises. Photograph: Peter Thursfield

Ibec survey says median increase expected to be about 2 per cent

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