Average amount loaned to first-time borrowers increased slightly to €172,199 in third quarter

More than half the €1.23 billion worth of mortgages taken out during the third quarter of the year went to first-time buyers despite new Central Bank(...)

“It is clear to me that the GalaCoral and Playtech shareholders are the big winners here with Ladbrokes shareholders once again paying the price of management ineptitude,” Dermot Desmond said. Photograph: Cyril Byrne/The Irish Times

Dermot Desmond will challenge Ladbrokes’s and Coral’s agreement to pay their partner Playtech €106 million, in a bid to have the pair’s €3.3 billion (...)

Intrade fell foul of US regulators following the last race to the White House

Intrade, the once high-profile Irish online betting business that fell foul of US regulators following the last White House race, looks set to be woun(...)

The annual workshop organised by the National Centre for Tourism Studies took place at Dromoland Castle, Co Clare. Photograph: Bryan O’Brien/The Irish Times

While the impact of new technology could hit traditional jobs in tourism, the industry can continue to provide valuable employment if the sector and t(...)

  CRH North America Luxembourg  is part of the group’s global tax and treasury structure and provides  finance to its US business using loans raised from affiliated companies.  Photograph: Brenda Fitzsimons/The Irish Times

The Luxembourg subsidiary of building materials group CRH earned profits of almost $125 million (€117 million) and paid tax of $470,000 (about €440,00(...)

Fintrax is the world’s second biggest player in processing tourist VAT refunds on behalf of retailers and governments

A French private equity player looks poised to buy Irish VAT refund giant with an offer said to be worth around €585 million, almost three times what(...)

Michael McAteer: appointed with Paul McCann  as joint administrators of Quinn Insurance in 2010. Photograph: David Sleator

The administrators of Quinn Insurance paid out €175 million last year in claims against policies underwritten by the company formerly controlled by b(...)

Department of Public Spending and Reform secretary general Robert Watt told TDs during the week  his officials would examine whether the bonus scheme breaches  legislation. Photograph: Frank Miller

The bonuses the Central Bank is giving to around 30 of its staff amount to more than 21 per cent of the €67,000 to €84,000 salaries that they are pai(...)

The Competition and Consumer Protection Commission will investigate listed property investor Green Reit’s proposed €155 million buyout of the Central Park commercial development in Dublin.

The State’s mergers watchdog will investigate listed property investor Green Reit’s proposed €155 million buyout of the Central Park commercial develo(...)

The leisure centre of the McWilliam Park Hotel: the hotel was built in 2006 with backing of high-profile property developers

Bubble-era property developers such as Seamus Ross of Menolly Homes and Garrett Kelleher of Shelbourne Developments are backing a high-profile hotel (...)