Cairn Homes chief executive, Michael Stanley (above), his brother Kevin, and investor Alan McIntosh, will receive 38.7 million equities in the listed house builder next month through the conversion of founder shares in the company. Photograph Nick Bradshaw

Shares will begin trading on August 18th

The remains of the Grenfell Tower in west London after it was gutted by fire on June 14th. Photograph: Getty Images

Cavan insulation maker’s product was used in London tower block

Striking crane drivers  on Sir John Rogerson’s Quay, Dublin, last month. Photograph: Brenda Fitzsimons

Protest also planned for outside head office of Construction Industry Federation

Patrick O’Donovan, Minister of State at the Department of Finance, and Minister for Finance Paschal Donohoe. Photograph: Gareth Chaney Collins

Review shows cost of running the country rose €1.2bn to €27.4bn in first half of 2017

Merrion Square hosting the city spectacular. Irish Welcome Tours  has a relationship with more than 600 hotels and visitor attractions throughout the country

Michael Holland’s operation sells tours to holidaymakers travelling to Ireland

Ryanair chief executive Michael O’Leary is calling on the attorney general to end delays in publishing a regulation critical to the construction of Dublin Airport’s second runway. Photograph: Alan Betson/The Irish Times

Michael O’Leary says delay could limit growth opportunities at Dublin Airport

Engineers are frsutrated at the slow pace of infrastructural projects such as Metro North.

Unit could plan investment in housing, schools, water treatment and transport

Udarás na Gaeltachta and Bradán Muhr Teoranta agreed to pay €1.05 million for a 40 per cent stake held in Galway fish farm operator Bradán Beo Teoranta by Maoiniu Mara Teoranta.

Deal undervalues stake in Galway fish farm operator, shareholders claim

Building workers could see their wages rise by 10 per cent if the Oireachtas approves a Labour Court recommendation on pay in the industry.  Photograph: Dara Mac Dónaill / The Irish Times

New industry wide sectoral employment order will set minimum pay rates if approved by Oireachtas

Inbound trips to Ireland from the UK are down 7 per cent so far this year. Photograph: Cyril Byrne

Brexit-related decline already under way, airline industry leaders tell European Parliament

The Dundrum Town Centre contributes €93 million in wages and €29 million in taxes, a total of €122 million, to the economy every year. Photograph: Matt Kavanagh

Mall owner Hammerson details socioeconomic impact of its centres in report

Ryanair obtained a number of subpoenas from Twitter which helped identify Brian Lake as the person responsible. Photograph: Andrew Yates/Reuters

Brian Lake from Pennsylvani warned the Irish airline to ‘be ready’ for attack

Disappointing forecasts from US banks JP Morgan Chase and Citigroup acted as a drag on markets on Friday dampening what had been a good week for equities.

AIB dipped but traders maintained the recently refloated bank was “still the belle of the ball”

Horse Racing Ireland fears an EU court ruling  which increased VAT on horses to 9 per cent leaves the Republic at a disadvantage to France and the UK, where, unlike here, racehorse buyers can claim back the tax. Photograph: Niall Carson/PA Wire

Equestrian body claims EU ruling leaves Republic at disadvantage to France and UK

Competition and Consumer Protection Commission chairwoman Isolde Goggin: “The CCPC will use its powers to ensure that mergers that do not meet the required financial thresholds for mandatory notification, but that are likely to result in a substantial lessening of competition, do not go unchecked.”

CCPC rules takeover of Newsaccess can go ahead if Kantar sells part of company

Hines has just opened its latest development, the 447-bedroom Dorset Point on Dorset Street. Alex Knapp, the managing director of the student accommodation business, said it is seeking planning for another block on Cork Street.  Photograph: David Davies/PA Wire

US firm’s fourth student block is on Dorset Street as it eyes up fifth on Cork Street

United blamed a “seasonal reduction in market demand” for its decision. It will begin flying from Shannon again from March 10th.

Airline blames drop in demand for decision to halt service between November and March

Minister for Finance Paschal Donohoe, who is pondering whether or not to prioritise spending on the M20 motorway linking Cork with Limerick. Photograph: Aidan Crawley/Bloomberg

M20 to open up economic corridor and develop three-city region in west and southwest

“Norwegian is finalising a submission in response to the unions’ claims but it is widely recognised that these are tired and false allegations,” a company spokesman said. Photograph: Norwegian Air/PA

Unions launch court challenge to US government decision to grant carrier a permit

Ryanair pulling out of planned Ukraine routes in row with airport. Photograph: Alan Betson / The Irish Times

Irish airline had been planning to fly from Britain, Sweden and Holland to Ukraine

Minister for Finance Paschal Donohoe:  told Dáil changes introduced in 2015 designed to bring the scheme into line with EU rules on state aid created difficulty in administering it. Photograph: Gareth Chaney Collins

Firms seeking Employment and Investment Incentive scheme must wait several months

Aer Southeast had been planning to fly from Waterford Airport to Birmingham, Luton and Manchester and began selling tickets for the flights last month.

Airline which sold flights without licence undertakes to reimburse customers fully

Wall Street:  US stocks were lower in early afternoon trading on weak jobs data from the private sector struck investors’ fears about rising tension in the Korean peninsula

Smurfit Kappa tumbles 2.73% after Goldman Sachs analysts downgrade the stock

Qatar Airways began flying between Dublin and Doha last month.

Gulf carrier considers expansion following strong booking levels on new route

The €378,000 lump sum and €326,000 a year that former taoiseach Enda Kenny is receiving is worth  €5.17 million in private-sector terms, new figures show. Photograph: Dara Mac Dónaill

Enda Kenny’s pension pot would cost a private sector worker €5.2 million

The 2,400-acre Grianán Estate in Burt, Co Donegal, produces 3,000 tonnes of milk, cereals and vegetables a year.

Farm beside Lough Swilly sold to agriculture and energy group Glenmore Estate

Just Like Butter, one of the JDS brands being acquired by Lisavaird Food Group

Analysts estimate that the acquisition price could hit €16m, subject to clearance

Scholarstown Wood in Rathfarnham is one of the three sites.

The three Dublin sites have planning permission for 874 new homes

Rudd’s is based in Birr Co Offaly and makes premium sausages, black and white puddings and rashers which it sells under its own brand. It also supplies own-label products to multiples such as Dunnes and Musgraves.

Well-known Galway firm has informed CCPC of its plans to take over Offaly rival

Aer Southeast’s chief executive said the airline still plans to fly to Birmingham, Luton and Manchester from later this month despite it not having the required tour operator’s licence at this point

Newly formed airline has been selling flights from Ireland without licence from regulator

Nike shares rose as much as 9.4 per cent to a three-month high, after the world’s largest footwear maker said it would launch a pilot program with Amazon.com to sell a limited product assortment on its website. Photograph:  Danny Moloshok/Reuters

AIB continues to strengthen as Irish market outperforms

 Cork Airport managing director Niall MacCarthy and Norwegian Air International  chief executive Tore Jansen ahead of the first  scheduled transatlantic flight from the airport. Photograph: Brian Lougheed

Inaugural journey a ‘massive milestone’ for airport as airline enters Irish market

The DAA  has begun preliminary work on the new runway at Dublin Airport  and is due to award the construction contract this year.  Photograph: Alan Betson

An Bord Pleanála imposed conditions when granting permission for the runway in 2007

Creevy Pier in Co Donegal. Official figures show that the number of British visitors coming to the Republic fell 7 per cent in the first five months of 2017 Photograph: Bryan O’Brien

Industry chiefs warn weak sterling is already hitting hospitality businesses

The interconnecting cable would have a capacity of 700 megawatts, close to what would be provided by two average-sized power plants. Photograph:  iStock

‘Celtic interconnector’ cable costing €1 billion would connect both countries’ power grids

Energy supplier Vayu predicted on Wednesday that the lack of storage would create greater uncertainty about gas prices during the winter. Photograph: iStock

Fears that closure of natural gas storage site in UK will affect prices in Republic in winter

Ireland’s over reliance on its corporate tax regime has been criticised by TASC. (Photograph: iStock)

Think tank warns change in corporate tax in EU and US could cause multinationals to go elsewhere

Applegreen said in a statement that it was ‘fully satisfied with the robustness of its contract agreements’ with its dealers. Photograph: Cyril Byrne / The Irish Times

Businessman says the group increased the cost at which it wanted him to sell fuel

Birmingham. Aer Southeast planned to begin flying from Waterford to Birmingham, Luton and Manchester from late next month.

Aer Southeast stops selling flights after regulator found it had no operator’s licence

Department of Agriculture, Food and the Marine officials are investigating an outbreak of a disease called sarcocystosis in lambs that is believed to have originated in Donegal.

Department of Agriculture excludes 400 lambs from food chain

For the last two years, Mick Wallace, has been highlighting Cerberus’s role in Project Eagle, Nama’s €1.6 billion sale of its Northern Ireland loans. Photograph: Gareth Chaney Collins

Liquidator of property wants TD and son to be disqualified as company directors

Jacobs has won contracts from multinationals such as Bristol Myers Squib and Pfizer.

Engineering giant’s business in Republic grew revenues by close to 80% to €373m

The public service obligation (PSO) is used to guarantee the price paid for electricity to wind farms, other renewable energy producers and peat-fired plants. Photograph: Ben Curtis/PA

Charge will cover proposed €500m subsidy to support renewable energy producers

Nama chairman Frank Daly and chief executive Brendan McDonagh, who face questions from Public Accounts Committee. Photograph: Dara Mac Dónaill

Sale of loans was not done on the open market, contrary to normal Nama policy

Eamonn Brennan, chief executive of the Irish Aviation Authority: He began working for the authority when the Government established it in the 1990s .

Eurocontrol appoints head of Republic’s airline regulator as director general

The New York Stock Exchange: US stocks fell amid a selloff in technology shares that spread from New York to Asia and Europe. Photograph: Michael Nagle/Bloomberg

UK retail hit as wary consumers hold off on purchases, while tech stocks slide in US

Angela McGowan: “If the DUP go into the talks and they focus very much on economic asks...then I don’t see how that could be bad for Northern Ireland”

Brexit, the DUP’s shopping list, North-South trade, and the need to restore the assembly

Construction Industry Federation director Tom Parlon: told conference  low spending on roads, schools, water treatment and other infrastructure, would hit the economy at a crucial time. Photograph:  Eric Luke

Irish Water unable to connect proposed new housing developments, conference hears

Tom Parlon: “The EU must be convinced of Ireland’s case to enable increased investment by our politicians.”

EU rules ‘hamper ’ spending on vital projects

The brochure  outlines  Dublin’s advantages, including the city’s financial services sector. Photograph: Dave Meehan

Government seeks to tempt European Banking Authority to Dublin post Brexit

Boeing has delivered 540 Dreamliners to airlines around the world and has orders for 1,213 more. Photograph: Reuters

Lufthansa Technik Shannon spends up to €3m to prepare facilities for long-haul craft

Nama is obliged to get the best value possible for taxpayers when it is selling property or assets.  Photograph: Alan Betson

Comtroller and Auditor General considering an inquiry into details of €455 million deal

SMBC buys aircraft from manufacturers such as Boeing and Airbus, and leases them to airlines

Irish aircraft leasing specialist has interest in 670 aircraft worth a total of $10 billion

Almost 70 per cent of trade union Siptu’s members in State airports’ operator DAA recently voted to reject the company’s Better Together proposal. Photographer: Dara Mac Dónaill

Siptu and Mandate to table separate claims, while Impact union has similar plans

New Bancroft in Tallaght: about a third of the apartments have been earmarked for social tenants and the rest will be let on the private market

Irish Strategic Investment Fund had drawn fire for being slow to tackle housing crisis

Guangdong province leader  Hu ChunHua and Enterprise Ireland chief executive Julie Sinnamon at the Sino-Irish event in Dublin on Friday.

Chinese and Irish agencies and companies sign seven memoranda of understanding

The award comes days after Providence agreed a €19 million deal with a subsidiary of French giant Total. Photograph: iStock

Chairman and four non-executive directors granted options by oil and gas explorer

Crewlink Ireland says  it has more than 5,000 crew members registered with Ryanair. Photograph: EyesWideOpen/Getty Images

Crewlink Ireland’s staff numbers soared by 20 per cent last year to 3,600

The European Commission’s internal market directorate confirmed it had received a complaint about the arrangement between Bus Éireann and the Department of Education.

Rival coach operator wants State contract worth €160 million a year put out to tender

Traders work in front of the German share price index in Frankfurt, Germany. Photograph: Reuters

Ryanair shares gained altitude following strong growth in passenger numbers

Ecocem’s US subsidiary Orcem Americas is appealing a decision by planning commissioners in Vallejo, California, to refuse it permission to build a grinding mill on the city’s waterfront.

Many locals oppose Irish cement maker’s plan to build €45 million facility in Vallejo

Norwegian Air is due to receive six 737 Max aircraft from Boeing this year. Photograph: Chris Ratcliffe/Bloomberg

Boeing postpones delivery of 737 Max aircraft over ‘minor technical issue’

International Airlines Group chief executive Willie Walsh. Photograph: Niall Carson/PA Wire

Chief executive Willie Walsh claims human error was the cause of the failure

Mike Quinn is poised to take the chief executive role at Irish Water’s parent Ervia after being offered the job in recent days

Mike Quinn will replace Michael McNicholas at helm of State-owned holding company for both the controversial water utility and Gas(...)

Michael Noonan said an annual levy of 1,2 or 3 per cent a year on property worth €1m or more should be enough of an incentive for land hoarders to sell. Photograph: iStock

Minister says measure will be included in the budget

Nama chief executive Brendan McDonagh and chairman Frank Daly at the publication of the agency’s annual report. Photograph: Maxwell

Agency expects to have earned €3 billion surplus for State by end of the decade

May Day march in Dublin protesting at Government failure on housing crisis: A survey  by the Irish League of Credit Unions  found many  living in houses that do not suit their needs. Photograph: Dara Mac Dónaill

Irish League of Credit Unions survey reveals dissatisfaction with unsuitable dwellings

A British court has ruled that claims taken against Ryanair in the UK for compensation for delayed or cancelled flights should be heard in the Republic

Airline welcomes ruling upholding jurisdiction clause

Michael O’Leary, chief executive officer of Ryanair Holdings Plc, speaks during a Bloomberg Television interview in New York about its full year results. Photographer: Christopher Goodney/Bloomberg

Irish airline plans to cut fares to around €38 per passenger to fill new 47 aircraft

Michael McNicholas: Ervia has been searching for a chief executive to replace him. Photograph: Matt Kavanagh

Irish Water’s parent says recruitment process ‘nearing completion’ though not finished

IDA Ireland chief executive Martin Shanahan: said Abbott contributed strongly to Irish exports

IDA-backed investment gives multinational with established Irish base room to grow

Ryanair flew 120 million passengers in the course of its financial year, up 13 per cent on the previous year. Photograph: Reuters

Irish airline’s profits grew by 6 per cent last year to €1.3 billion

British Airways aircraft at Heathrow Airport in London on Monday. An IT systems failure forced BA to scrap almost 600 flights in and out of Heathrow and Gatwick airports. Photograph: Andy Rain/EPA

Aer Lingus took some passengers stranded by its sister carrier in IAG airline group

Taoiseach Enda Kenny opening DPD Ireland’s expanded facility at Athlone. According to State food marketing agency Bord Bia, online grocery shopping in the Republic is worth €170 million a year

Courier firm expanding into food delivery, adding frozen storage to Athlone facility

The survey found construction was particularly bullish with almost a third of such businesses planning to hire new workers over the next three months.

Businesses cautious about prospects in light of Brexit and US tax plans, study finds

A forest in Kerry. Irish specialist software developer Treemetrics has won a €1.2 million contract from the European Space Agency to provide a system for tracking tree and forest growth.

Cork-based software firm Treemetrics to provide system for European Space Agency

Fine Gael Minister for Jobs, Enterprise and Innovation Mary Mitchell O’Connor: action plan aims to ensure regions get fair share of economic investment. Photograph: RollingNews.ie

Enterprise Ireland regional fund to boost large and smaller-scale initiatives

Cully & Sully,  which makes and sells chilled soups, was founded by Colum O’Sullivan and Cullen Allen, whose family run the Ballymaloe foods business.

Hain Celestial bought Cully & Sully for more than €10m in 2012

 Norwegian Air International: Irish-based airline has US Customs and Border Control approval to fly to Stewart Airport in New York State and Providence in Rhode Island. Photograph: Chris Ratcliffe/Bloomberg

Airline unions in States challenge giving of permission to Norwegian airline to fly to US

Kevin Toland is to leave the helm of State airports operator, DAA, for food group Aryzta in six months’ time. Photograph: Grant Pritchard

Chief leaves State airports operator in good shape

Ryanair’s Kenny Jacobs: “Taking the right steps could see tourism grow by 10% next year, rather than the predicted 4%.”  Photograph: Cyril Byrne

Airline calls for more hotels and fewer airport charges

Sam McCauley started his pharmacy chain in the 1970s with one shop in Wexford. Photograph: iStock

Investment fund plans to take majority stake in well-known pharmacy chain

The sites have planning permission for 870 homes

Ryanair chief executive Michael O’Leary at a Ryanair press briefing in Dublin. Photograph: Gareth Chaney/Collins

Company says this is ‘worst-case scenario’ if Brexit fails to have aviation deal in place

 Former Tánaiste Mary Harney   appointed civil servant, Paul Appleby, to head the office, which was given powers to investigate and prosecute companies and directors. Photograph: Aidan Crawley

Big improvement in compliance by companies since office was established in 2001

Terminal 2 at Dublin Airport – further improvements would have to be paid for from airline fees. Photograph: Matt Kavanagh

Operator DAA has added new aircraft stands and boarding areas at airport over past year

Kevin Nowlan, chief executive of Hibernia Reit: “We are proposing to increase the dividend by 47 per cent.” Photograph: Aidan Crawley

Real estate investment trust boosts dividend and commits to further office developments

Munster fans during Saturday’s  Guinness Pro12 semi-final match against the Ospreys at Thomond Park. Photograph: Niall Carson

Thomond Park Stadium Company lost €1.52m in 12 months to end of June 2016

Investors have been warned to  remain vigilant as  Brexit talks will mean continued market volatility

Survey finds 80% of companies believe Brexit will change how they do business in UK

Marlet recently hired property dealer Savills to sell a number of its Dublin development sites to overseas investors before the homes themselves are completed

Company will need an estimated €2bn to build all the new homes it has planned

Staff from the European Commission and ECB spent several days this week surveying the State’s finances to ensure it can continue to repay €67.5 billion lent in the 2010 bailout.

Supply of homes remains well below estimated demand fundamentals, officials say

 Paddy Power Betfair’s chairman Gary McCann  and chief executive Breon Corcoran: will pay up to $48 million (€37 million) for Draft. Photograph: Eric Luke

Irish gambling giant’s CEO Breon Corcoran says firm’s appetite in States could expand

A plane approaches to land at Fiumicino international airport in Rome. Ryanair is trialling connecting flights.

Airline offering connections on 10 initial routes through Italian capital

The US department of the treasury designated Canadian-headquartered payments processor, Pacnet, as a criminal organisation following claims that it laundered money from schemes used to dupe people out of cash.

Two Irish already removed from special designation list in money laundering investigation

Kerry Airport: the EU’s regional airports, with fewer than a million passengers a year, depend most on the UK, which provides more than 15 per cent of their business.

Route development expected to slow across EU as uncertainty over UK’s EU exit persists

Pacnet consolidated its Irish companies, all based in Shannon Airport, into one entity, Pacnet Holdings, at the beginning of this year. Photograph: Arthur Ellis/Press22

Watchdog Sanctions Alert said move means those involved now cleared of wrongdoing

The DAA pointed out that if planning conditions are enforced, the airport will have to turn away significant numbers of flights and passengers during one of its busiest periods. Photograph: Kate Geraghty

New rules on airport noise to delay DAA challenge to planning conditions

The Boeing 737 Max: The US airline manufacturer said  that a possible flaw in an engine part had come to light during an inspection at its suppliers. Photograph: Jason Redmond/AFP/Getty Images

Boeing halts flights of 737 Max, but Norwegian’s Irish-US service to go ahead, says airline

Nama at the Treasury Building: a Nama spokesman said it had written to the Dáil committee regarding the Prague deal. Photograph: Cyril Byrne

James Woolf claims his company, Flow East, was excluded from the €83m sale

Dalata: Pat McCann got a €470,000 bonus in 2016, just €5,000 less than his basic salary. Deputy chief executives Stephen McNally and Dermot Crowley both received €254,000 extra.

‘Short-term cash bonuses of 100% of salary far too high,’ says David McCabe

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