Tesco is facing a “substantial” shareholder damages claim in the UK over the £263 million (€369 million) profit overstatement.

Tesco is facing a “substantial” shareholder damages claim in the UK over the £263 million (€369 million) profit overstatement that plunged Britain’s b(...)

Workers at Clerys department store fear that job cuts are in the offing as the company faces being sold to a property group. Photograph: Dara Mac Dónaill

Koch Industries, the US company run by the billionaire Koch brothers David and Charles, has bought Sligo medical device manufacturer Protek Medical(...)

Top 1000 companies: 54%   hail from Ireland, accounting for 68% of jobs

US technology giant Microsoft has become the largest company in Ireland for the first time, according to the The Irish Times Top 1000 Companies 2015 s(...)

Greencore chief executive Patrick Coveney:  “When we bought the Uniq business in the UK four years ago, there were a load of unused tax losses and capital allowances and we’re simply working our way through those.” Photograph: Eric Luke/The Irish Times

Convenience food giant Greencore, which generated €1.6 billion in sales last year, pays an effective tax rate in Ireland of just 1 per cent. The UK-l(...)

MasterCard “is working with the European Commission on the issue as part of an ongoing constructive dialogue”, the company said.

MasterCard is poised to receive an antitrust complaint from European Union regulators probing card payment fees, according to sources.Regulators may s(...)

Amie with an ie is mid-story when I arrive. I’m standing at the bor, listening in. She’s talking about the time she went to Tesco to do the weekly gro(...)

Bannon estate agents is seeking in excess of €3 million for a 1.31-acre town centre site with planning for a large retail building in Naas

Penneys has dropped plans to develop a substantial new store in the centre of Naas, and will also sell its recently vacated outlet in the Co Kildare (...)

A corner property on University Road in Galway is producing a rent roll of around €413,000 per annum

Joint agents Savills and O’Donnellan & Joyce are guiding €4 million for a Galway city centre mixed-use investment which has Bank of Ireland as the(...)

Tesco appears to have found a formula to stanch the alarming loss of customers that has afflicted its Irish and UK operations. Photograph: Simon Dawson/Bloomberg

After being recently toppled as Ireland’s largest grocer by market share, Tesco has again drawn level with SuperValu at the top of the league table, w(...)

While Tesco’s market share is lower year-on-year it has improved its position versus last month. Its improvement lifted its market share to 25 per cent and places it on the same footing as SuperValu

Tesco is fighting back in the store wars and the latest supermarket share figures from Kantar Worldpanel covering the 12-week period up to the end (...)