Cork property developer Michael O’Flynn, who heads the O’Flynn construction group, said he had anticipated some request from Nama to adapt the business plan to meet its requirements but this never happened. Photograph:  Collins Courts

One of the National Management Agency’s biggest debtors has told the Oireachtas Banking Inquiry the agency rejected a 2,000-page business plan for his(...)

 Nama chairman Frank Daly and chief exective Brendan McDonagh  arriving at the Public Accounts Committee in Leinster House, Dublin, in early July. Photograph: Dara Mac Dónaill/The Irish Times

There’s an old joke about the driver who gets lost in Kerry and pulls over to ask for directions. “If I were you, I wouldn’t start from here,” replies(...)

Nama chairman Frank Daly (left) and chief executive Brendan McDonagh  yesterday. Photograph: Dara Mac Dónaill

A number of potential buyers were eyeing Nama’s Northern Irish property loans in mid-2013, but US fund manager Pimco made the strongest play for the a(...)

Taoiseach Enda Kenny said it was not for him to discuss any individual company’s business. Photograph: INPHO/Ryan Byrne

Taoiseach Enda Kenny has defended his refusal to recall the Dáil last week to discuss the controversy surrounding the Irish Bank Resolution Corporati(...)

General Electric: firm is “going fast” with its plans to sell most of its financial services operation. Photograph: David W Cerny/Reuters

General Electric of the United States is “going fast” with its plans to sell most of its financial services operations and is on target to achieve the(...)

Hedge fund manager John Paulson: joins a parade of the financial industry’s richest figures making donations to their alma maters, but he rejected criticism his gift perpetuates inequality by endowing money on an elite university. Photograph: Eduardo Munoz/Reuters

John Paulson, the hedge fund manager famed for betting against US housing in 2007, has made the largest ever donation to Harvard University, giving $4(...)

Robbie Keane: fundamentally solid, occasionally infuriating, but remarkably consistent

The announcement by Eircom on Tuesday that it had rejected a bid of up to €3.3 billion for the business was peculiarly timed. The offer was apparently(...)

Anchorage Capital, which has global operations and is headquartered in New York, did not comment when asked if it was the “credible” bidder referred to by Eircom.

The ownership of Eircom is back up for grabs after it rejected a “credible” offer of up to €3.3 billion, while its biggest shareholder has also sold a(...)

 A worker of Indian e-commerce company Snapdeal.com scans barcode on a box after it was packed at the company’s warehouse in New Delhi – after losing top talent to Silicon Valley, an e-commerce boom is sparking a thriving start-up culture in India. Photograph: REUTERS/Anindito Mukherjee

Intense interest from prominent investors is helping drive eye-popping valuations among Indian tech startups.Venture capital firms, hedge funds and th(...)

Alan Dukes at the press conference in Dublin he organised to discuss the ongoing controversy over Siteserv. Photograph: Nick Bradshaw

IBRC rejected a proposal to appoint the Department of Finance’s most senior civil servant to the board of the troubled bank, with chairman Alan Dukes (...)