Cormac Devlin, chairman of Dún Laoghaire-Rathdown County Council, with Colm Brady, managing director of GoCar. Photograph: Colm Mahady/Fennells

Council teams up with car-pooling firm amid pick-up in demand and success in Dublin city

A trader works on the floor of the New York Stock Exchange. Gains in energy and consumer discretionary stocks propped up the S&P 500 and the Nasdaq on Wednesday. Photograph: Brendan McDermid/Reuters

Euro slips after Reuters report on wariness of European Central Bank policymakers

FBD chief executive Fiona Muldoon: said there was no upside to Britain’s decision to leave the European Union. Photograph: Alan Betson

Company bosses believe UK move to exit EU will have negative consequences for Ireland

Tax take: Even as late as 2008, with signs of a major economic reversal on the way, the then government increased income tax credits, effectively cutting the tax burden, says the ESRI. Photograph: iStockPhoto

Research finds discretionary tax policy was relatively revenue-reducing in 2000s

A Volvo  at the Bangkok International Motor Show: retail sales fell by 0.5 per cent in February on the back of a near 6 per cent slide in car sales. Photograph: PA/Narong Sangnak/EPA

When poor car sales taken out of CSO figures it switches to a 5.9% increase year-on-year

WOW  plans to operate flights from Dublin and Cork  to Chicago’s O’Hare airport four times a week from July

Low-cost Icelandic airline will operate flights from Ireland to O’Hare airport from July

The 16 top European banks operating in Ireland examined by the report paid an average effective tax rate here of no more than 6 per cent. Photograph: Yves Herman/Reuters

Oxfam report claims 16 of Europe’s top 20 banks booked profits here in 2015

The average semi-detached house nationally now costs €209,944, up 3.5 per cent on the previous quarter, according to the Real Estate Alliance. Photograph: Gareth Fuller/PA Wire

Real Estate Alliance survey highlights price growth linked to lending rules relaxation

Investors turned to the havens of gold and sovereign bonds, as market measures of volatility sprung to their highest levels of the year. Photograph: Spencer Platt/Getty Images

Global stocks retreat, US banks slide and the dollar index falls under the pressure

“High-speed broadband is vital for regional development, and the Government is delivering on its promise to address Ireland’s connectivity challenges.” Photograph: Getty Images

Free one gigabit broadband connection will be available in 15 towns across Ireland

Oliver Callan as Donald Trump at the launch in Dublin of Lottoland: the Gibraltar-based firm  generated  €300m in revenue last year

Uber-style Lottoland allows customers to play in draws in countries around the world

The Government is expected to stump up approximately half the cost of the National Broadband Plan, which could run to between €1 billion and €1.5 billion

Department to significantly reduce size of intervention area after agreement with Eir

The New York Stock Exchange. US stocks rose in early trading on Thursday as investors snapped up beaten-down bank stocks ahead of a vote on a healthcare bill that is seen as president Donald Trump’s first policy test. Photograph: Spencer Platt/Getty Images

US markets in holding pattern ahead of Congress vote to dismantle Obamacare

Tom Healy, director of   the Nevin Economic Reseach Institute.

Nevin Economic Research Institute says reliance on private sector is not working

A Moy Park facility. “We do not source products from any of the sites involved in the ongoing investigations in Brazil, “a company spokeswoman said

Northern Ireland poultry supplier is owned by Brazilian giant JBS, which

The social housing figure for 2016 is unlikely to be anywhere near the Government’s target of about 900 units a year. Photograph: Chris Ratcliffe/Bloomberg

Part V rules require developers to set aside 10% of homes for use as social housing

Building boom: cranes towering over a construction site on the Dublin quays. Photograph: Alan Betson

Institute predicts sector will drive Irish economy to full employment next year

 Minister for Finance Michael Noonan (left) and Estonian finance minister Sven Sester  take part in a euro zone finance ministers meeting in Brussels. Photograph:  Yves Herman/Reuters

Noonan insists Government has spent 12 months preparing for Brexit talks

Beef in a Rio  supermarket:  Brazil has said scandal  does not mean  exported products were unsafe for human consumption. Photograph: Yasuyoshi Chiba/AFP/Getty Images

Meat processors in Brazil accused of bribing health inspectors to get certificates

 Aidan Cotter  to head up ABP’s Slaney venture

Aidan Cotter appointed chairman of ABP’s joint venture with Fane Valley group

Those on low income levels in the private sector typically earned less than their counterparts in the public sector, the CSO study found. Photograph: Kai Pfaffenbach/Reuters

Pay differentials significantly higher for women, CSO research paper also finds

Lottoland takes bets on some of the biggest lotteries in the world, including EuroMillions, US PowerBall and MegaMillions

Controversial Uber-style app allows punters to bet on outcome of worldwide lotteries

Inflation has now risen for four consecutive months. Apart from July last year, the last time the annual inflation rate hit 0.5 per cent was 2013. Photograph: Anthony Devlin/PA Wire

Increase driven by petrol and diesel price rises of 20 and 13.3 per cent respectively

 Minister for   Climate Action  Denis Naughten: The national mitigation plan, the first in five years, will set out how the Government intends to curb harmful gas emissions. Photograph: Gareth Chaney Collins

Long-awaited strategy to focus on agriculture, transport and construction

Investment appeal: an office block in Dublin’s  docklands. Photograph: Aidan Crawley/Bloomberg

Demand likely to stay ahead of supply and drive rents up further after Brexit

Minister for Finance Michael Noonan said that so far this year applicants had received tax rebates totalling €3.48 million under the help-to-buy scheme. Photograph: Bryan O’Brien

First-time buyers get average rebate of about €15,000 under Government scheme

Imagine CEO Sean Bolger: he said the Government’s National Broadband Plan had opted for a fibre solution that was way beyond what was needed. Photograph: Dara Mac Dónaill

Imagine boss Seán Bolger says Government has opted for technology that nobody wants

ComReg’s new report shows just 7,623 households and businesses are using  fibre broadband despite industry claims of much higher take-up

‘Shocking’ ComReg figures show take-up of fibre broadband has been extremely limited

Traders  on the floor of the New York Stock Exchange. US stocks were little changed on Thursday as gains in bank stocks were countered by the second day of losses in energy shares. Photograph: Brendan McDermid/Reuters

European Central Bank president says the cyclical recovery may be gaining momentum

The 5.2 per cent increase in GDP for last year was at least more plausible than the previous 26 per cent figure. Photograph: Carlo Allegri/Reuters

Even last year’s more modest growth in GDP is distorted by actions of multinationals

The latest figures show industrial output in 2016 increased 2.4% in volume terms. Photograph: Aidan Crawley/Bloomberg

Quarterly national accounts from CSO suggest output grew in all sectors of economy

IFA president Joe Healy:   said the implications of Brexit for Irish agriculture were so serious that it must be first in the Government’s negotiating position

IFA issues stark warning about consequences of UK not getting free trade deal with EU

Bank review suggest up to 61 per cent of fund administration activity here is outsourced

An anti-Brexit billboard commissioned by the “stopthesilence” campaign in the UK.  Photograph: Dan Kitwood/Getty Images

Trade body wants to alert EU decision-makers to challenges faced by Irish businesses

Escher specialises in point-of-sale software to the retail and financial sectors, said revenue rose 2 per cent to $22.4 million.

Dublin-based company expanded sales of its Riposte digital transaction platform

Caroline Kelleher, director of policy, Limerick Chamber and Martin Shanahan, chief executive of IDA Ireland at a joint Limerick City and County Council and Limerick Chamber event.  Photograph: Sean Curtin /  True Media.

Martin Shanahan says Ireland will retain its competitiveness despite Trump moves in US

Retail sales values, excluding bars and car sales, increased by 3.3 per cent in the year to January.  Photographer: Chris Ratcliffe/Bloomberg

Figures from Central Statistics Office show sales grew by 5% in 12 months to January

Investec barometer points to strong pick-up in customer demand and new business

Architect Mel Reynolds argues that the building programme will deliver ‘executive’ houses that sell for €350,000 and above while we need  homes at around €270,000, that are affordable for a two-income family earning €80,000

The private build model produces houses that most people can’t afford, says expert

Moody’s warned that a lack of housing could limit the upside for Ireland under a Brexit scenario. Photograph: Alan Betson

Property expert says Rebuilding Ireland strategy is based on faulty assumptions

Eir’s rivals claim its fault repair times fall below European industry norms and diminish the service they provide.

Telco claims ComReg overstepping remit in imposing penalties on repair delays

Minister for Finance Michael Noonan: Revenue collected €7.5bn for the first two months of the year, 1.6%  ahead of profile

Government’s main tax head undershot target by 6% in February

Mary Mitchell O’Connor, Minister for Jobs, at a trade fair in the RDS: “We’ve seen the largest declines to date this year in Border, Midlands and South East counties which is very good news.” Photograph: Cyril Byrne

CSO figures show the number of claimants signing on fell by 2,800 last month

Jobs for Drogheda. IDA CEO Martin Shanahan; Minister for Jobs   Mary Mitchell O’Connor, MTI Global Services CEO Chris Remy and  lord mayor of Drogheda Oliver Tully at MTI’s facility in Drogheda. Photograph:  Richie Stokes

Company says ‘talented technology savvy workforce’ a factor in decision to locate

Broderick’s employs 100 staff at its Walkinstown base in Dublin

Investment, co-funded by BDO Development Capital Fund, will also create 40 new jobs

The subindex for new orders rose sharply again, with a number of panellists citing improving market conditions.

Investec’s latest PMI softens for a second successive month, though still above 50 line

Ireland’s €11bn food sector has long been highlighted as highly vulnerable to Brexit, with more than half of the State’s food output going to the UK

Oireachtas committee report highlights risk posed to Irish agriculture from Brexit

Ireland experienced its first year of positive net inward migration of 3,100 in 2016, helping to add to the labour force. Photograph:  Sean Gallup/Getty Images)

Latest monthly figures show no let up in level of job creation across the economy

Ryanair shares were  up marginally at €13.97. Photograph: Andy Rain/EPA

Building and materials companies temper gloom over unravelling deals

The survey reveals only 13 per cent of Irish people believe the economy here will “worsen” over the next 12 months as a result of Brexit. Photograph: Francois Lenoir/Reuters

Eurobarometer poll also reveals public maintains positive attitude towards migrants

Central Bank reveals extent of consolidation across the sector in Ireland

Partnership will see Hermitage become strategic supply chain partner for UK group

Larry Murrin, chief executive of Dawn Farm Foods. Photograph: Alan Betson

Food group plans to invest €25m in developing research centre over next five years

Competitor Norwegian Air said it had sold more than 5,000 flights within hours of announcing services to the US from Irish airports  on Thursday. Photograph: Norwegian Air/PA Wire

IAG dismisses newcomer Norwegian Air’s low fares on US flights as media stunt

Prof Philip Lane: expects house price growth to be restrained in the medium term by an expansion in supply and a tightening of funding conditions for lenders. Photograph: Alan Betson

Governor says lending rules have already led to a sharp moderation in expectations

In its report, S&P forecast house-price inflation of 7%  this year and 5% in 2018.

Standard & Poor’s says Irish market remains severely impaired becuase of legacy issues

After a long period of very low levels of supply of new housing, there are very positive signs of increased supply.

Department says it collates several datasets to estimate residential building rates

As part-owner, Ires Reit expects to pay approximately a quarter of the €10 million needed to fix fire-safety and other structural defects  at the Beacon South Quarter complex  in Sandyford.

Ires Reit says strong rental market is being helped by significant shortage of housing

In 2016, imports from EU countries decreased by 1 per cent to €42 billion, while imports from the rest of the world decreased by 1 per cent to €27.5 billion.

Trade figures give first clear picture of how Britain’s EU divorce is affecting Irish trade

Drop of €560 million in UK exports

Ibec group says Ireland’s largest indigenous sector faces major challenges in years ahead

In 1997, with Owen Killian as number two, IAWS charted its rise by buying Cuisine De France and reinventing itself as a convenience food business. Photograph: Nick Bradshaw

Chief executive’s departure caps two years of turmoil at the Swiss-Irish food giant

Dublin City Council decided last year to limit the height of apartments in low-rise areas of the inner city to 24m and to 13m in low-rise areas of the suburbs.

Ires Reit plan now includes three apartment blocks comprising 456 individual units

Experts claim the 15,000 figure for house completions last year being used by Minister for Housing Simon Coveney bears little relationship to the number of new homes being built. Photograph: Cyril Byrne

Claim that use of ESB meter connection data amplifies levels of actual house supply

Ires Reit had submitted an application for three 14-storey apartment blocks and several commercial units at its Rockbrook site close to the  M50

Company had originally applied for 492-unit complex comes amid rocketing demand for housing in capital

The survey suggested over a third of insurance firms remain confident they can achieve revenue growth in the year ahead

Findings are part of a survey of insurance CEOs by PwC

The natural-gas filling station at Topaz’s Dublin Port premises will have the capacity to fill up to 70 HGVs, with each fill taking no more than five minutes. Photograph: David Sleator

Gas Networks Ireland and Topaz agree €1.45 million deal to develop 70 filling stations

Ulster Bank’s index  suggests activity in construction continues to bounce back from the crash. Photograph: Alan Betson

Ulster Bank PMI barometer of purchasing activity rises for 41st month in succession

Savills noted headline rents for prime business space in Dublin city centre had more than doubled since 2012. Photograph: Eric Luke

Study reveals spike in preletting commitments amid scarcity of prime business space

Online entrepreneur Nicola McClafferty was formerly the chief executive online fashion retailer Covetique.

Tech investor focuses on identifying next-generation Irish tech prospects

Paddy Power Betfair finished off a positive week with a 0.6% rise to €102.20

In Dublin, Bank of Ireland and Permanent TSB buck euro-wide weakness in financials

The West region recorded the strongest price growth, with house prices increasing 17.8 per cent

In the capital, the highest house price growth was recorded in South Dublin, at 9.7 per cent

Nearly 60 per cent of people here have never switched their domestic gas or electricity supplier, says the Commission for Energy Regulation

Commission for Energy Regulation report highlights the financial benefits of ‘switching’

Marine Le Pen, head of the French far-right party Front National (FN) and candidate for the presidential elections. Investor concerns about the strong showing of far-right candidate Ms  Le Pen in the election kept euro and French debt under pressure on Wednesday. Photograph: AFP

In Dublin, Bank of Ireland remained weak in line with other financials

Minister for Jobs Mary Mitchell O’Connor   speaking on the HP announcement. Photograph: Eric Luke / The Irish Times

Minister for Jobs says plant closure represents significant blow to employees, families

The cost of rectifying defects in Priory Hall, Longboat Quay and Beacon South Quarter in Dublin is expected to run into tens of millions of euro. Photograph: Chris Ratcliffe/Bloomberg

Marsh Ireland urges mandatory latent defects insurance to cover flaws such as pyrite

Davy analyst Conall Mac Coille said an uptick in manufacturing and sevices is likely to translate into a 5 per cent growth in GDP in 2017. Photograph: iStockphoto

Davy revises up its GDP forecast as indicators point to stronger-than-expected growth

 Fyffes chairman David McCann flanked by  company secretary Seamus Keenan and non-executive director Tom Murphy.  Photograph: Cyril Byrne

Sumitomo Corporation’s acquisition of Irish fruit distributor gets green light from Brussels

Facebook has faced criticism it did not do enough to prevent false information being republished on its platform during last year’s US presidential campaign. Photograph: Dominic Lipinski/PA Wire

Social media giant agrees plan with media groups ahead of presidential elections

A Thai worker  at the BMW Group manufacturing plant in Rayong province, Thailand. Photograph: Rungroj Yongrit/EPA

Latest index suggests factories will support growth in Europe’s biggest economy

 Anne-Marie Tierney-Le Roux of IDA Ireland, Clint Eland, CEO of Mercury Filmworks, Minister for Jobs, Enterprise and Innovation Mary Mitchell O’Connor  and Paul Young of Cartoon Saloon. Photograph: Dylan Vaughan.

Animation company behind ‘Secret of Kells’ joins Canadian firm to develop new projects

The CSO convened a review group, chaired by Central Bank governor Philip Lane, to address the problem

New GNI* indicator to counterbalance inflation of Irish figures by multinationals

Grocery chain has been offering free carrots and potatoes with certain meat purchases

Investec’s latest purchasing managers’ index for the services industry rose to 61 in January.

Investec barometer points to pick-up in new export business with stronger UK demand

 Founder and chief executive of telecoms group Imagine Seán Bolger: he says   the cost of linking 937,000 homes   to a high-speed, fibre-to-the-home network is prohibitive. Photograph: Dara Mac Dónaill

Interview: Seán Bolger of Imagine claims the route to rural connectivity is wireless

Shoppers at the  Arnotts post-Christmas sale:  much of the rise in consumer sentiment was down to seasonal factors. Photograph: Nick Bradshaw

KBC Bank/ESRI index records biggest monthly increase in two years

Wall Street traders: US stocks  were up slightly on Thursday as a rise in consumer shares helped offset losses in financials

Packaging group Smurfit Kappa proves strongest performer in Dublin

Corporation tax maintained its solid  path in January. Photograph: iStock

Exchequer returns show almost €6.8bn in taxes collected in first month of 2017

CSO figures put the State’s headline rate of unemployment at a post-crash low of 7.1 per cent. Photograph: Daragh Mc Sweeney/Provision

CSO figures show the number of claimants signing on fell by 3,500 last month

ComReg has given Eir and its rivals a three-month window to negotiate the level of service credit owed if Eir breaks the new two-day rule. Photograph:  Steve Parsons/PA

Eir obliged to fix phone line faults within two days to avoid paying service credit to rivals

The unemployment rate for men stood at 7.9 per cent last month. Photograph: Aidan Crawley

Latest CSO numbers point to continuing improvement in labour market

Glanbia ’s new cheese and whey production plant will be able to process 3.6 million litres of milk a day, and will add 30 per cent to its processing capacity. Photograph: Eamonn Farrell/Photocall

Kilkenny-based food group enters joint venture with three US dairy co-operatives

In the final quarter of 2016, approvals for house purchase grew by 30 per cent year on year in volume terms and by 44 per cent in value. Photograph: Peter Byrne/PA

Banking and Payments Federation data point to 29% hike in approvals in December

Owen Killian:  under intense pressure to effect a turnaround in the food company’s fortunes. Photograph: Cyril Byrne

Shares in food company slumped 36 per cent over two days this week

Aryzta CEO Owen Killian: he has ruled out going cap in hand to shareholders for money to bolster the balance sheet

The real source of Aryzta’s woes is an overcapacity for several years in its North American operations

The Central Bank says consumer spending will remain a key growth driver. Photograph: Matt Kavanagh

Bank predicts GDP growth of 3.3% this year on foot of weaker exports

Tobam has been operating in Dublin since last July with a staff of 10, which it plans to extend to 20 by the end of 2017. Photograph: iStock

Paris-based fund managing over €8bn in assets plans to increase staff to 20 this year

Owen Killian has helped turn  Aryzta in to a baking behemoth with a  €3 billion turnover. Photograph:Cyril Byrne

Aryzta boss seems to have lost his Midas touch with North American cookies to blame

Pierre Moscovici, EU Commissioner for Economic and Financial Affairs, Taxation and Customs, at The Irish Times Corporate Tax Summit, in the Westin Hotel, Dublin. Photograph: Dara Mac Dónaill

Moscovici rejects Government’s claim that CCCTB would lower Irish corporate tax base

Aryzta chief executive Owen Killian said  the group’s performance was “both unexpected and extremely disappointing”. Photograph: Cyril Byrne

Share slide heaps further pressure on long-time chief executive Owen Killian

PwC Managing Partner Feargal O’Rourke, Irish Times managing director Liam Kavanagh and Minister for Finance Michael Noonan at the Irish Times corporate tax summit in Dublin on Tuesday. Photograph: Dara Mac Dónaill

European Commission overstepped remit in €13 billion demand, Dublin tax summit told

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