Phil Hogan’s new job, Davy’s bonanza and the devil in the budgetary detail

Business Today: the best news, analysis and comment from The Irish Times business desk

Olive Keogh hears why men need to step up and help women smash the glass ceiling.

Olive Keogh hears why men need to step up and help women smash the glass ceiling.

 

Five ex- top Davy executives, who were involved in a controversial bond trade that led to a Central Bank fine in March, are set to net €180 million from the sale of the firm’s assets, writes Joe Brennan. He also recounts how the broker ended up where it did.

Former EU commissioner Phil Hogan has taken on an advisory role with a business that has been in repeated contact with the cabinet of his successor as Ireland’s European commissioner, Mairead McGuinness, in recent months. Naomi O’Leary reports from Brussels.

Two electricity plants whose shut-down added to a squeeze on energy supplies last winter could restart generating later this year. Barry O’Halloran reports.

Irish consumer sentiment dipped in July as fears over the Delta variant and its potential to derail recovery took hold. The latest KBC Bank Ireland consumer sentiment index fell from a two-year high of 87.2 in June to 84.9 in July. Eoin Burke-Kennedy has the details.

Floating wind energy can transform Ireland into “a European renewable energy superpower” if the right policies are pursued to enable industry to start building floating wind farms in the coming decade, according to Wind Energy Ireland (WEI). Kevin O’Sullivan reports.

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Eamon Waters has been chosen as the Irish Times Business Person of the Month for June, an award run in association with Bank of Ireland.

Which CEOs have done well during Covid? Joe Brennan reports.

We need, argues John FitzGerald, a better understanding of what lies behind the unusually benign balance of payments figureswhile the real economy was shrinking. Further analysis by the CSO would be very valuable for policymakers.

SMEs require State supports to drive sustainability, argue Tara Shine, Madeleine Murray and Arlene Vithaldas.

In Wild Geese, Colin Hutton tells us about his life and career in Dubai.

In World of Work, Olive Keogh hears why men need to step up and help women smash the glass ceiling.

In our Inside Business podcast Ciarán Hancock is joined by Irish Times reporter Barry O’Halloran and CEO of ITIC Eoghan O’Mara Walsh to discuss what the easing of restrictions means for the hospitality and travel sectors, how the digital Covid certificate scheme will work and the future of transatlantic connectivity.

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