Dermot Desmond: his vehicle is now the biggest shareholder in One51, with a stake approaching 20 per cent

Financier Dermot Desmond’s International Investment and Underwriting (IIU) has bought out fellow One51 shareholder, Pageant Holdings, for more than €3(...)

Ryanair is joining force with IAG, Air France, KLM, Lufthansa and EasyJet to establish the new body

Ryanair and Europe’s four other biggest carriers are are looking for a candidate to run the new aviation group they have formed to lobby the EU on the(...)

Financier Dermot Desmond, who owns a significent stake in One51, has reportexly told brokers he is willing to pay €1.95 for more shares in the group, although he is not considering a rival bid. Photograph: Cyril Byrne

More than €36 million of One51 shares sold for €1.85-a -share yesterday in a move that could raise the bar for potential suitor Capvest, which is se(...)

Waterford airport. The regional airport, along with those of Donegal, Kerry and Knock, could get up to €42.5m in State handouts over the next four years

Regional airports Donegal, Kerry, Knock and Waterford could receive up to €42.5 million in State handouts over the next four years under two aid schem(...)

Dermot O’Leary estimates exports will account for 1.6 percentage points of the total growth this year.  Photograph: Dara Mac Dónaill/The Irish Times

Stockbroking firm Goodbody expects the Republic’s economy to grow by 5.5 per cent this year, ahead of the 4.3 per cent it previously forecast. Goodbod(...)

According to recent reports financier Dermot Desmond, who already owns more than 6 per cent of One51, has told brokers he is willing to pay €1.95 for more shares in the group, although he is not considering a rival offer

Shares in One51 yesterday sold at more than the €1.80 offer tabled by private equity fund Capvest, sparking speculation that a higher bid for the plas(...)

Kingspan was one of the day’s better performers, climbing 1.25 per cent to €23.01

Car makers, miners and luxury goods manufacturers led a near across-the-board fall in European shares triggered by China’s decision to devalue its cur(...)

Avolon founder and chief executive Dómhnal Slattery, stands to make more than €32m on the deal if it goes through. Photograph: Matthew Lloyd/Bloomberg

Aircraft lessor Avolon moved a step closer to a $2.6 billion (€2.36 billion) sale that could earn chief executive Dómhnal Slattery more than €32 mil(...)

Ray Conner, president and chief executive officer of Boeing Commercial Airplanes (left)   during a news conference with Domhnal Slattery, chief executive officer of Avolon . Photographer: Matthew Lloyd/Bloomberg

Aircraft lessor, Avolon, is entering exclusive talks with Chinese player, Bohai, that could lead to a $2.63 billion take over of the Irish company. A(...)

Somewhat slower – but still solid – growth was recorded in both housing and commercial activity.

The building industry revival lost some momentum in July but continued growing strongly, according to figures released today. The Ulster Bank Construc(...)