Micheal Savage, co-author of the  ESRI report ‘Crisis, Austerity, Recovery: Income Distribution through the Great Recession in Ireland’. Photograph: Cyril Byrne

The poorest section of Irish society suffered the largest contraction in income as a result of the recession, according to one of the most comprehens(...)

Belmond Grand Hibernian: the firm has refitted 11 Irish Rail carriages for luxury at a cost of $10 million.

Imagine the Orient Express, luxury dining cars in tow, steaming through Limerick junction – and not an Irish Rail ham sandwich in sight.It’s set to (...)

Derry Scully of Bruce Shaw quantity surveyors said the council may be setting the bar “a little too high” given the “serious dearth” of housing in Dublin. Photograph: Dara MacDónaill

Building regulations specific to Dublin City Council are adding up to €40,000 to the cost of constructing an average two-bed apartment, according to (...)

Mario Draghi, president of the European Central Bank (ECB) during a press conference following the meeting of the Governing Council in Frankfurt. Photograph: Daniel Roland /Getty

European Central Bank (ECB) policymakers have raised concerns that upbeat euro zone growth forecasts issued by their own staff may prove weaker than a(...)

Jim Woulfe chief chief executive of  Dairygold. Photograph: Matt Kavanagh / Irish Times

Dairy market returns fell by 50 per cent last year on the back of oversupply and weaker demand linked to China’s stockpiling of milk powder and Russia(...)

Aryzta chief executive Owen Killian regularly admits to being haunted by the idea of becoming irrelevant.Photograph:Cyril Byrne

Is Ireland’s humble ready-meal about to get a French makeover? Swiss-Irish food giant Aryzta is in talks to buy a 49 per cent stake in the French food(...)

Shia Muslim rebels hold up their weapons during a rally against air strikes in Sanaa, Yemen, on Thursday. Oil prices jumped around the world after Saudi Arabia and its allies carried out the strikes. Photograph: Khaled Abdullah/Reuters

Stock markets around the world were knocked lower and oil prices jumped after Saudi Arabia and its allies carried out air strikes in Yemen. The attac(...)

Simon Coveney said the Irish beef industry is already very engaged on the ground in China Photograph: Eric Luke/The Irish Times

Minister for Agriculture Simon Coveney says China is likely to be a bigger market for Irish beef exports than the US.He also expects beef producers h(...)

Realex founder and chief executive  Colm Lyon. Realex can lay claim to being one of the few truly indigenous tech companies to make it big. Photograph: Brendan Lyon/Image Bureau

At 52, Colm Lyon is no wunderkind of the tech world. He has been ploughing away at the e-payments game for more than 15 years. Yesterday, he struck go(...)

The Realex payments management team:  Paul Davey, chief financial officer; Gary Conroy, chief operating officer; Andrew Yoakley, head of business development; Morgan Hammersley, chief information officer; Colm Lyon, chief executive and founder; Ciarán Cassidy, head of product management and Owen O Byrne, chief product architect. Photograph: Brendan Lyon/ImageBureau

Businessman Colm Lyon and his wife Niamh look set to pocket up to €90 million from the sale of their online payments business, Realex. The firm(...)