Hostelworld has reportedly appointed broker Numis Securities to explore options for the company

Hostelworld, the Irish travel website said to be eyeing a €340 million flotation, had a €200 million deficit at the end of last year, its latest accou(...)

Michael O’Leary hopes shareholders will be able to  pay capital gains rather than income tax on the distibution Photograph: EPA

Ryanair has shelved plans to launch a low-cost transatlantic carrier as it cannot get the aircraft it needs to operate such a service. Chief executive(...)

Federal Reserve Washington, DC: announcement expected on Thursday. Photograph: Andrew Harrer/Bloomberg

Markets dipped on Monday as investors grew nervous ahead of a US central bank meeting later this week that some speculate could raise interest rates. (...)

 A passerby reads a notice on the door of Boyers & Co on North Earl Street, Dublin, after it was announced the store would close in January. Photograph: Dara Mac Dónaill/The Irish Times 1:32

Dublin faces the loss of another high-profile department store in January when Boyers on North Earl Street will close its doors . The news follows thi(...)

Central Park office park in Leopardstown where Green Reit is reporting full occupancy and has construction underway on Block H. Photograph: Alan Betson/The Irish Times

Listed property investor Green Reit believes that there is a risk that Dublin’s office market will be oversupplied from 2018 as new developments now u(...)

AIB shares fell 9.52 per cent to 7.6 cent. Photograph: Bryan O’Brien

The fallout from yesterday’s rout in Chinese markets cost investors in European stocks around €450 billion yesterday. Stock markets in Fra(...)

Kingspan chief executive Gene Murtagh said the first half of 2015 has been “a record period” for the company. Photo: Alan Betson/The Irish Times

Kingspan chief executive, Gene Murtagh, believes that the Republic’s building industry will continue growing over “the next few years”. Revenues at th(...)

Grant Thornton managing partner Paul McCann said that the merger will “serve to increase competition within the larger Irish firms, particularly in the areas of audit and taxation, as well as the growing market for corporate finance advisory services”. Photograph: Patrick O’Leary

Accountants Grant Thornton and RSM Farrell Grant Sparks are set to merge in a link-up that will see them threaten the profession’s dominant big four. (...)

Stephen Wheeler, managing director of SSE Airtricity. “Our model can’t just be about selling electricity, it’s actually providing an essential service to our customers.” Photograph: Cyril Byrne

SSE Airtricity is on course to building the biggest wind farm in the State. The local subsidiary of British utility, Scottish and Southern Energy, (...)

Nama: says controversy over payment is peripheral to the agency and only really concerns the relationship between the advisers who worked for Cerberus. Photograph: Cyril Byrne

US law firm Brown Rudnick played a central role in the controversy over the sale of Nama’s Northern Irish loan book. It initially canvassed the agency(...)