AIB closed up by 4.4 per cent, with strong volume traded on Friday. Photograph: Aidan Crawley

Iseq overall index closes up by almost 1% while Stoxx 600 hits highest level in 10 years

Lisney Limited recorded an almost 29 per cent increase in pretax profit to €775,565 in the year ended March 31st, 2017, despite a 5 per cent dip in revenue to €11.94 million. Photograph: Dara Mac Dónaill

Estate agent ‘making conscious decision to go further upmarket’, says managing director has pre-let space at 100 and 300 Capital Dock. Photograph: Reuters

Cushman & Wakefield forecasts demand from technology companies to continue this year

Debbie Byrne, the newly appointed managing director of An Post retail

Move follows decision to split operation into two units – mails & parcels and retail

House prices in Ireland have now risen nearly 72 per cent since the trough in early 2013. Photograph: iStock

With price inflation of 12%, State comes just behind the Czech Republic year on year

Conn Murray, chief executive of Limerick city and county council; councillor Stephen Keary, mayor of the city and county of Limerick: CEB governor Rolf Wenzel and David Conway chief executive of Limerick 2030 at the Opera Site in Limerick. Photograph: Sean Curtin/True Media

The project has achieved total funding of €170m from two European initiatives

Operations for oil and gas exploration company PetroNeft are focused in Siberia. Photograph: iStock

The loan will be used to finance a potential drilling programme this year

The contribution of Irish citizens to the EU budget on a daily basis is less than half the price of a cost of a cappucino, Politico has found. Photograph: iStock

News website Politico analyses Jean Claude Juncker claim that taxpayers pay the price of a coffee a day for belonging

81A Campshires, a building restored by Denis O’Brien, achieved a rent roll of €72 per square foot.

Rents nearing €65 per square foot despite pick-up in supply levels, Goodbody says

The Velasco building on Grand Canal , Dublin, which was let to Google in 2017.

Google and Facebook already occupy 4% of Dublin’s offices, report finds

Carillion shares were suspended from trading on Monday.  Photograph: Peter Nicholls/Reuters

Ireland’s benchmark Iseq index bucked the trend to close marginally ahead

The Velasco building on Grand Canal , Dublin, which was let to Google in 2017.

Lisney report shows Google and Facebook already occupy 4% of Dublin’s offices

The Gresham Hotel, Dublin. Photograph: Dave Meehan/The Irish Times

The hotel was bought by Riu Hotels in 2016 for €92m

Dublin Airport will replace the Spar shop in its Terminal 2 arrivals area. Photograph: iStock

The airport wants a ‘high quality’ coffee offering for international passengers

Strong results for JPMorgan lifted financial stocks in the US on Friday. Photograph: Mike Segar/Reuters

Iseq index closes up 0.6% in Dublin on last day of trading week

People in their 20s and 30s are happy to continue renting as they seek to maintain their existing standard of living, JLL has said. Photograph: iStock

Logistics sector expected to be ‘star performer’ in commercial market this year - JLL

Ibec’s brief argues that the USA v Microsoft case has global implications and that endorsing the US justice department’s position would set a dangerous international precedent. Photograph: David Ryder/Bloomberg

Business lobby group argues the case has global implications

An artist’s impression of the proposed development at Embassy Gardens in London

The loan will be used for an office development in London’s Embassy Gardens

Businesswoman Jo Malone at the Pendulum Summit in Dublin on Thursday, where she said leaving her fragrance brand was “the greatest mistake of my life”. Photograph: Conor McCabe Photography

Mark Zuckerberg’s sister reveals her frustration over male-dominated Silicon Valley

A computer generated image of Lidl’s new facility in Newbridge.

The retailer plans to begin construction on the 54,000sq m centre in April

An artists impression of the new staff accommodation being planned for the Europe Hotel and Resort in Killarney, Co Kerry.

The block will accompany the existing accommodation catering for 70 employees

Randi Zuckerberg, entrepreneur and chief executive of Zuckerberg media. Photograph: Conor McCabe Photography

Zuckerberg noted entrepreneurs don’t come up with ideas when they’re ‘glued to their phone’

The chief executive of Iarnród Éireann, David Franks, is leaving the company in the coming months to take up a new senior position in the public transport sector in Australia.

Departure of David Franks overshadowed by threats of industrial action at national operator

Specsavers has more than 1,700 stores across the UK and Ireland. Photograph: iStock

Turnover falls sharply at optical group as partner stores use third parties

Richard Branson with Cool Planet founder Norman Crowley at Powerscourt Estate, Co Wicklow the Virgin  Atlantic founder  cut the ribbon and officially launched the world’s first permanent visitor centre dedicated to climate change. Photograph: Colin Keegan/Collins Dublin

Cool Planet Experience aimed at showing what planet could look like in 50 years

The Paper Exchange is one of a small number of new office developments  proposed for Belfast.

Lack of new stock in the market is pushing vacancy rates lower

A Green Reit site at Molesworth Street and Dawson Street in Dublin. Photograph: Cyril Byrne

Hibernia Reit given ‘hold’ rating as bank believes it ‘may underperform long-term’

The Iveagh Garden Hotel on Dublin’s Harcourt Street which is due to open

Jones Lang LaSalle property group expects trading performance growth to slow down

The Limerick Leader is one of the titles owned by Formpress.

Profit declines to €935,370 at the company behind the ‘Limerick Leader’ and ‘Kilkenny People’

Ulster Bank said it was committed to paying people fairly and motivating and rewarding staff. Photograph: Nick Bradshaw

A ballot of Financial Services Union members on the proposal is set to get underway

Three Park Place on Hatch Street, Dublin - the  new location for IDA Ireland’s  headquarters.

The lease on the agency’s Wilton Park House building ends next year

Navan Retail Park, Navan, Co Meath.

Profits from joint ventures increase 15-fold for Belfast-based Lagan brothers

Year-on-year growth in Irish comsumer spending inched up 2.5 per cent in 2017, Visa said, with online shopping rising 7.4 per cent in the year.   Photograph:  Dominic Lipinski/PA Wire

KBC survey suggests return to boom-time conditions still ‘remote’ for many people

NTMA  headquarters.    The agency  has announced plans for two bond auctions and one treasury bill auction to take place in February and March, subject to market conditions. Photograph: Cyril Byrne

Agency sold €4bn in bonds last week with an interest rate of 0.9%

Christine Cullen, the managing director of Vision-Net, will stay with the business after the acquisition. Photograph: Naoise Culhane

Acquisition for an undisclosed sum will not lead to job losses at Irish firm, it is understood

Peter Sutherland, the former European commissioner, attorney general and chairman of Goldman Sachs International, has died aged 71. Photograph: Aidan Crawley

Irish business figures, academics and European leaders pay tribute

 Anne Heraty, chairwoman of the judging panel  and Kevin McLoughlin, partner, EY at  the launch of the EY Entrepreneur Of The Year, 2018. The nomination window for this year’s programme is open until February 16th. Photograph: Naoise Culhane

Closing date is February 16th and the 24 finalists will be announced on April 23rd

Pearse Lyons at the Pearse Lyons Distillery in Dublin 8 which opened last year.  Photograph: Conor McCabe

Some 814,000 people travelled to whiskey visitor centres last year

Donnybrook fair has six stores in total, five of which are located in Dublin.

Company not planning new openings but anticipates €500,000 upgrade of D4 store

Mary Ann O’Brien, founder of lily O’Brien’s. Photograph: Aidan Crawley

Polish food company Colian Holding SA acquired the group debt-free

Wall Street’s main indexes hit records on Wednesday, with the benchmark S&P 500 index breaching the 2,700-mark for the first time. Photograph: Bryan R Smith/Getty Images

Iseq overall index closes up 0.02% with Ryanair rising on strong passenger numbers

Some 20 pubs changed hands last year for over €22 million. Photograph: iStock

20 pubs changed hands in the capital last year compared to 30 in 2016

Iput’s 10 Molesworth Street development.

Shareholder returns for 2017 increased by 9.5% to €86.6m

MG Content RK Limited manages and operates websites associated with the ‘Reality Kings’ brand. Photograph: iStock

The ‘Reality Kings’ group of companies saw turnover drop 15% in 2016

The island of Skellig Michael on the Wild Atlantic Way. Fáilte Ireland wants to repeat its west coast success elsewhere by developing ‘Ireland’s Ancient East’. Photograph: Valerie O’Sullivan

Tourism body planning feasibility study to diversify Ireland’s Ancient East offering

The best-performing technology sector has declined for the past five trading sessions, falling the most on Tuesday after reports of tepid iPhone X demand hit Apple shares and its suppliers. Photograph: Thomas Peter/Reuters

Iseq overall index ended up by 0.05% while Stoxx 600 closed up by 0.1%

The cockpit of a Boeing 737-800 aircraft. Photograph: iStock

The sale includes the company’s six Boeing 737-800 aircraft

Almost 5 per cent of Ireland’s residential housing stock is vacant, the latest figures show. Photograph: iStock

National rate of vacancies drops to 4.8%, but much higher rates remain in some counties

Sean Mulryan, the chairman and group chief executive of Ballymore. Photograph: Alan Betson

Boost in profits for Irish developer was due in part to a revaluation of investment properties

While the Bill will initially focus on private motor insurance, it will be drafted in such a way as to allow other forms of insurance to be covered. Photograph: iStock

The Government wants a ‘more in-depth’ analysis of claims trends

A Christmas tree in the great hall at Adare Manor in Adare, Co Limerick.

Ireland’s top hotels will host hundreds of discerning guests this Christmas

Valeo Foods owns a number of consumer brands in Ireland including Batchelors

Valeo Foods taking control of brands including Fox’s Glacier Mints and XXX Mints

The number of first-time buyers with mortgage approval dropped in November compared to October. Photograph: iStock

Value of lending approved in 12 months to November is still 36% ahead of previous year

In February 2018, former national director of HSE clinical programmes Barry White will take up a role with VHI to scope out a new model of care.

VHI interest in purchasing private hospitals signals a shift in commercial strategy

AIB reversed losses on Thursday after around €600m was wiped off its  market cap. Photograph: Cyril Byrne

In US, lower corporate tax rates and growth expectations boost market sentiment

The Sun-Pilot works by creating multilayer coating with a single nano-patterned surface.

Trinity College researchers develop product which could aid surgeons and mobile phone users

Ornua, which has annualised sales of around €2bn.   recently launched the Kerrygold butter brand in South Korea and its Kerrygold cheese product in Singapore. Photograph: Clare Keogh

State’s largest dairy product exporter says refinancing will help fund strategic plan

Generali PanEurope’s office in Navan. The company has been acquired by an Isle of Man-based group.

Combined group will manage about €24 billion in assets

Annual inflation for the European Union ran slightly ahead of inflation for the euro area at 1.8 per cent in November. Photograph: iStock

Inflation in the European Union as a whole ran at 1.8%

Construction at the Dublin Docklands. Photograph: Bryan O’Brien/The Irish Times

Office space for 28,000 workers will be built and homes for 6,500 people, analysis shows

Dunnes Stores has the largest supermarket share in Ireland, data shows. Tesco comes in second place with 22.3 per cent, while Supervalu had 22.2 per cent share. Photograph: Dara Mac Donaill

Dunnes Stores remains largest shop by market share, Kantar Worldpanel data shows

Bitcoin was set up in 2008 by an individual or group calling itself Satoshi Nakamoto. Photograph: Karen Bleier/AFP

First jackpot of 1,000 bitcoins, currently valued at €14.2 million, kicks off on Monday

Beechfield Manor nursing home in Shankhill, Dublin. The property is one of three nursing homes owned by the Beechfield Care Group.

Beechfield Care has been acquired by the German-based IMMAC Group

Shares in Ryanair fell 8.5 per cent  to trade at €15 in Dublin

Shares in Dublin underperform European counterparts

Shea O’Dwyer, right, founder of Coolmore Foods, speaking to delegates at a trade show

The bakery is investing in product development following European supermarket deals

Patrick Guilbaud on Noma? “It’s not for me.” Photograph: Cyril Byrne

The capital was a backwater when the Michelin-star man moved here in the 1980s

Dr Michael Somers is standing down from the board of AIB having been appointed in 2010.

Dr Somers is being replaced by Catherine Woods

Tipperary Boutique Distillery managing director Jennifer Nickerson: “We are naturally delighted with this investment which will realise our plan to distil our own whiskey.”

Tipperary Boutique Distillery will use funding to develop its own distillery

The Irish Wine Association  says the Public Health (Alcohol) Bill will effectively require producers to put an “Irish only” label for products sold in the Republic. Photograph: iStock

Minimum unit pricing will drive wine prices up ‘significantly’, Irish Wine Association says

The 83 texts a month sent by the average mobile user represented a drop of 12.8 per cent in the third quarter compared to the same period last year. Photograph: iStock

Quarterly report from ComReg shows mobile users now using 4.5GB of data per month

Jury Inn hotel at Christ Church: part of portfolio purchased by Pandox and Fattal Hotels. Photograph: Alan Betson

Pandox and Fattal purchase includes entire Jurys Inn portfolio of hotels for £800m

New  technologies  mean  less educated young people ‘could face major challenges’, PwC has said. Photograph: iStock

PwC says Ireland has high number of people not in education compared to OECD average

Bord na Móna wind farm in Offaly. Photograph: Dara Mac Donaill

Semi-States including Bord na Móna and ESB contribute €232m in 2016/2017

A rise of between 1 and 2 per cent in interest rates reduces a borrower’s disposable income after debt repayments by between 2 and 4 per cent, the ESRI has warned. Photograph: iStock

Irish consumers already paying 1.2% more in repayments than other EU mortgage holders

“People need to realise that it’s not just about finding the cheapest insurer out there, it’s about looking at their track record in the market and their credit rating.” Photograph: Alan Betson

Setanta Insurance policyholders told they could be liable for up to 35% of any claim

People Before Profit’s Richard Boyd Barrett: noted   figures from the Central Statistics Office suggesting property prices in Ireland had risen 86 per cent since the economic crash. Photograph: Cyril Byrne

Seven local authorities opt to raise basic rates, with review of LPT regime due in 2019

Pilots at Ryanair are campaigning for a new collective bargaining system to replace the employee representative councils that negotiate for staff. Photograph: Eric Gaillard/Reuters

Unclear when this would take place but could happen seven days after notice is given

The European Council is due to review last week’s Brexit developments at its summit on Thursday, December 14th.

Alliance of European chambers have urged negotiators to create clarity on future trading relationship

Guo Ping of Huawei and Dr Patrick Prendergast, provost of Trinity College. Taoiseach Leo Varadkar said the company’s expanding Irish operations are a “strong endorsement of Ireland’s tech credentials”. Photograph: iStock

The company is also adding almost 20 highly skilled jobs in its Cork operation

One of the projects awarded funding was an initiative hoping to develop an agritech centre of excellence. Photograph: iStock

Regional development projects secure more than €30 million in State funding

The public sector purchase programme sees the Eurosystem buying €60bn worth of bonds a month. Photograph: Reuters

Ratings agency finds 10-year bond yields lowered by up to 150 basis points

The jobs being create range from software development to sales. Photograph: iStock

Antares Vision will create 53 jobs in Galway while Keeper Security will add 50 jobs in Cork

C&C chief executive Stephen Glancey said the Admiral investment doesn’t present significant financial risk for the company. Photograph: Dara Mac Donaill/The Irish Times

The Irish cider maker will take a 47% stake in Admiral Taverns

CleverGift’s software allows consumers buy a gift whose receiver can then go to the retailer’s website and choose the variant they want. Photograph: iStock

CleverGift looks to raise additional €2m to roll out software that should make 'returns' a thing of the past

Irish Rail’s mobile app does not offer the ability to make reservations or check pricing

Company seeking tenders for €1m three-year contract for software upgrade and support

Some 1,576 claims are still outstanding more than three and a half years after Setanta Insurance collapsed. Photograph: iStock

Claimants awaiting payments more than three years after collapse as policyholders worry they may be personally liable

Kerry Group: beginning to catch up with its peer group. Photograph: Dara Mac Dónaill

Analysts single out food group’s taste and nutrition unit as being positioned for growth

United Oil & Gas has drilled its well on the Selva Gas field in Italy with the results indicating a “thick gas-bearing reservoir”. Photograph: iStock

Exploration company was established by former Tullow Oil executives

Tullow Oil will resume drilling on its flagship TEN project in Ghana next year. Photograph: iStock

Bank of America Merrill Lynch says explorer’s stock offers a ‘compelling investment case’

iPhones were the most common device insured in the Central Bank’s survey. Photograph: iStock

Often buyers are paying for cover they don’t need, survey found

The ECB overbought Irish bonds to the tune of around €400 million in November. Photograph: iStock

Bank bought €1.2bn of Irish bonds – about €400m more than prescribed amount

Integrity chief executive Eoin Goulding: “I’m trying to use Brexit to my advantage,” he said. “Change creates opportunity in the market place.”

Integrity 360 has acquired Metadigm as part of plan to increase UK market penetration

Continued strong increases in property prices over the medium term could present risks to Ireland’s economy, the latest troika review has found. Photograph: iStock

Eighth economic review expects strong economic momentum to continue in short term

Superdrug’s seventh Irish store, in Swords, Co Dublin.

UK pharmacy chain’s new store in Swords Pavilions employs 15 people

Green Reit chairman Gary Kennedy with chief executive Pat Gunne. Photograph: Nick Bradshaw

All resolutions pass at property investment company Green Reit’s agm

The founders of Prolego Scientific Belinda Hernández, Andrew Parnell and Mahdi Amina. Photograph: Nick Bradshaw

Prolego Scientific’s are used to improve animal health and performance metrics

Minister Jim Daly and Bartra Capital Property’s Richard Barrett “turn the sod” to mark the start of development at the Loughshinny Nursing Home site. Photograph: Colm Mahady/Fennell Photography

Greenfield site will host a 221-bed nursing home

Figures from Bank of Ireland show a record 12.38 million card transactions occurred on Black Friday. Photograph: iStock

Bank of Ireland recorded 12.38 million card transactions on ‘Black Friday’

Glenveagh currently has a land bank that could provide up to 3,500 homes. Photograph: iStock

Broker says Irish group could become one of the largest homebuilders in State by 2023

Overall housebuilding in the year so far is up 82 per cent, but only 7,503 properties have been completed. Photograph: iStock

Goodbody data shows 7,503 new homes were built in first 10 months of year

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