More than €4 billion was wiped off the value of Irish shares in trading on Monday amid what one trader described as a ‘bloodbath’ across European stock markets. File photograph: Scott Eells/Bloomberg

More than €4 billion was wiped off the value of Irish shares in trading yesterday amid what one trader described as a “bloodbath” across European stoc(...)

Traders work on the floor of the New York stock exchange on Monday. Photograph: Brendan McDermid/Reuters

Global stock markets were routed yesterday amid investor concern over slowing global economic growth and worries about the health of banks in Europe a(...)

John McCartney, director of research at Savills, says new rules have contributed to inequality and the return of a commuter culture. Photograph: : Rui Vieira/PA Wire

Some 15 per cent of cash purchasers in the residential housing market are first-time buyers, according to an analysis by estate agent Savills. John M(...)

Kingspan was another standout loser on the day, down 10 per cent at €19.31.

European shares closed at their lowest level in more than two years yesterday with investor concerns over the health of the region’s banks compounding(...)

Cork developer Michael O’Flynn says Central Bank governor Philip Lane’s plan to review lending rules later this year had not helped the situation

One of Ireland’s biggest developers has said the country is in the middle of a “housing crisis” partly due to Central Bank restrictions on mortgage l(...)

RSA building in Dundrum, Dublin: some 360 out of 410 staff employed by the company in the Republic will receive pay increases. Photograph: John Reid/Fennell Photography

Ireland’s biggest insurance group RSA has agreed a 2 per cent pay increase for the majority of its staff in the Republic following an agreement with t(...)

Developer Michael O’Flynn at his new development in Lucan. Photograph: Brenda Fitzsimons

“I’m a complete fusspot,” says Michael O’Flynn, standing in the hallway of one of the well-appointed detached houses in his latest housing scheme, Rok(...)

BoI appoints Brian Evans as head of its manufacturing sector team

Bank of Ireland has appointed Brian Evans as head of its manufacturing sector team within its business banking unit, as it seeks to beef up its presen(...)

 Tánaiste and Labour Party leader Joan Burton has unveiled a “Save to Buy” initiative for first-time buyers

(...), which might explain why it hasn’t been dusted off for this campaign. Twitter: @CiaranHancock1(...)

Hotel revenues last year were “very close” to €16m, putting it back at pre-recession levels

The five-star Conrad Hotel in Dublin is getting an €8 million makeover that its owners hope will build on its success last year when it achieved a nea(...)