Unemployment figures for August paint a stark picture of the uncertain future facing up to 40% of our young people as the battle to contain coronavirus continues. Photograph: Aidan Crawley

Caveat: We owe it to young people to try to avoid restricting employment options

Perrigo’s fight with the Revenue Commissioners includes a claim by it that the Irish tax demand is an abuse of power, which the State has denied. Photograph: Adam Bird/Bloomberg via Getty Images

US-based drugs giant plans to reconfigure its share capital to create a distributable reserve

Tánaiste Leo Varadkar has launched a call for Irish businesses to apply to a €500 million State-backed fund for “disruptive” technologies. Photograph: Julien Behal/PA Wire

Applicants must seek over €1.5m of funding for projects that can be commercialised

An almost deserted Grafton Street. Photograph: Bryan O’Brien

Two-thirds still carrying rent arrears as Government prepares code of practice

The Government could have taken the sensible decision to allow wet pubs to safely trade  long before it did

Central Bank governor warns Government to be careful with taxpayer cash

Former Dragon’s Den star Ramona Nicholas and her husband address what they say are ‘materially incorrect’ assertions by a lender, which they say could damage their reputations if left unchallenged.

Former Dragon and husband want to ‘set record straight ahead’ of examinership process

Denis O’Brien has waged a five-year legal battle with Red Flag. File photograph: Collins Courts

Businessman is also seeking Red Flag communications about him with politicians

 Verizon Communications: bolstered its Irish balance sheet last year with a capital injection of about €190 million. Photograph: Christopher Dilts

Communications giant moved intellectual property back to US in 2019 in €448m deal

Xtremepush co-founder Tommy Kearns: “We’re going to put boots on the ground in New York.”

Irish software firm co-founded by former professional rugby player Tommy Kearns

Gemma Barry, of Dubray Books, and Liam Hanly, chief executive of Eason Retail PLC.

Former family-owned chain, with eight bookshops, will continue to run as a standalone unit

‘We need to encourage shoppers into shops early this Christmas. We need to spread it out.’ Photograph: Tom Honan

Longer opening hours under consideration for socially distanced festive shopping

Purchasing activity in the construction industry slipped in August due to virus “uncertainty and general economic weakness”. Photograph: Bloomberg

PMI measuring trade in building materials fell ‘modestly’ for first time in three months

Just 13% of those surveyed for MyHome expect prices to fall by more than 10% over the year. Photograph: Tim Ireland/PA Wire

Just 13% expect prices to fall by more than 10% over the next year, research finds

Companies that do  not control the spread of harmful videos and other content on their community forums and platforms will be liable for fines under the new law. Photograph: iStock

Ireland among countries that will miss EU directive deadline

The Sorting Office scheme in Dublin’s ‘Silicon Docks’ where Google abandoned plans to rent the offices. Photograph:  Leah Farrell/Rollingnews.ie

Google walking away from Sorting Office deal a blow for tech and commercial hub ravaged by the pandemic

Breege O’Donoghue: one of the best and most respected corporate directors in Ireland. Photograph: Dara Mac Donaill

As with Cawley before O’Donoghue, the bigger mistake lay in the State’s travel rules

DAA chief executive Dalton  Philips says it could take three or four years for passenger numbers at Dublin Airport to recover. Photograph: Colin Keegan/Collins Dublin

Pandemic has had ‘devastating’ impact on the operator of Dublin and Cork airports

The case centres on a 2010 deal between Nigeria and P&ID to build a gas refinery there. File photograph: Getty

Alleged wedding sweetner outlined in UK court judgment as part of $10bn legal battle

Revolut’s data shows hardware spending, adjusted for user growth, was up 91 per cent on its platform while garden centre spending rose 102 per cent. Photograph: EPA/Christian Bruna

Digital payments platform shows first year-on-year growth in purchasing by its 1 million Irish users

‘It seems cruel to keep small, local pubs closed due to the extreme caution of doctors and Ministers.’ Photograph: Dara Mac Dónaill

When businesses fail, ordinary people suffer; the Government must take action

Revellers reflected in  sunglasses as crowds arrive for  Electric Picnic in 2017. Photograph: Niall Carson /PA Wire

The industry worth €3.5bn to the economy employs 35,000, and most are now idle

Minister for Health   Stephen Donnelly insisted   the directive is ‘being reviewed at EU level’. Photograph: Alan Betson

HSE ‘actively investigating’ tobacco companies here over the issue

Itic wants €500 million in  grants to help tourism operators stay in business. Pictured is Bundoran in  Co Donegal. Photograph: James Connolly

Industry group publishes 5-point ‘call to action’ to save operators from insolvency

Paraic O’Kane, promoter of American college football and owner of Fire Restaurant: “We have to get the conversation started now . . . We have to plan for post-Covid.” Photograph: Alan Betson

College series for Dublin in 2021 could attract 25,000 and ‘kickstart recovery in tourism’

  Passengers wearing face masks arrive at Dublin Airport. Photograph: Colin Keegan/Collins Dublin

Caveat: Government must devise a more sustainable long-term regime for industry

 Blackrock Clinic. Mr Sheehan’s loss of the US case follows on from a series of defeats in the High Court in Dublin in the battle for control of his former stake in the hospital. Photograph Nick Bradshaw

Illinois judge dismisses ex-surgeon’s attempt to reverse sale of his stake

Peter Brady, Aon’s chief executive for commercial risk and health solutions  said  coalition would essentially examine ‘the future of working’.

Initiative for Dublin will feed into global process of workers returning to offices

In New York, Apple’s 1.2 per cent drop weighed heavily on the three main indexes and the shares were on course to end five days of gains. Photograph: Carlo Allegri/Reuters

Markets report: Stronger sterling drags down UK blue chips on FTSE 100

Eugene O’Callaghan, the director of the Ireland Strategic Investment Fund, is stepping down.

Eugene O’Callaghan will leave Ireland Strategic Investment Fund at end of December

Nicola Mitchell,  founder and chief executive of Life Scientific, says it has a further 22 cases over licensing delays ongoing in Germany. Photograph: Paul Sherwood

Life Scientific challenged German regulators over delays to permits for generic pesticides

The pool party and music festival at  Maya Beach water park in Wuhan, China last Saturday, which was  attended by 15,000 people. Photograph: STR/AFP via Getty Images

Caveat: Contrast the controversy here with the calm acceptance of a pool party in China

Before the pandemic MPD sold its share of diamonds from the Gahcho Kue diamond mine  in northern Canada  at international gem markets, such as the one in Antwerp. Photograph: Getty Images

Most of the world’s gem markets are closed due to the Covid pandemic

JP Scally, Lidl’s chief executive and chairman in Ireland: “While we developed our ranges, we have always been committed to being the cheapest. So the next recession will serve us well.” Photograph: Nick Bradshaw

Interview: Irish CEO JP Scally says supermarket's sales grew by up to 30% during lockdown

Lidl Ireland’s sales grew by between 25 and 30 per cent during lockdown, according to the company’s chief executive JP Scally. Photograph: Nick Bradshaw

Supermarket chain is pressing ahead with expansion plans as it prepares for recession

Home Depot reported sales growth that was more than double the already brisk rate analysts had been expecting on Tuesday. Photograph: Jeenah Moon/Bloomberg

Investors look past fresh tensions between the US and China over Huawei

Free Now, which is owned by German carmakers Daimler and BMW, told its drivers on Tuesday that they should by now have received two payments in their bank accounts. Photograph: Crispin Rodwell

Taxi app apologises for weeks of payment delays that sparked calls for regulation

Free Now said: “[We] appreciate that this delay is unacceptable and that is why we are doing everything we can to resolve this.” Photograph: Crispin Rodwell

Government TD asks Minister to direct National Transport Authority to get involved

Free Now has signed up 14,000 taxi drivers in the Republic. Photograph:  Crispin Rodwell/The Irish Times

App promised drivers unpaid fares would be processed ‘over the weekend’

Boots joins a growing list of high-profile retailers in disputes with Irish shopping centres and institutional landlords. Photograph: Oli Scarff/Getty

Company says deals with landlords will help sustain ‘long-term future’

The Swarbrigg family posted a note to Inglot’s Instagram page last month announcing the closure of its stores “due to the impact of Covid-19 and the immense challenges facing the retail sector”.

More than 20 stores close but Swarbrigg family switches control of online operation

Businessman Denis O’Brien is named in the Iris O’Brien Foundation’s accounts as its “principal funder”. Photograph: Matt Kavanagh

Donations to private charity funded by businessman fall by more than €1 million

Taxi drivers affiliated to the Free Now app gathered outside the company’s Dublin office on Friday. Photograph: Crispin Rodwell

Irish taxi drivers worried after payment deadline missed for second week in a row

Stopped in our tracks: the threads that bind society and the economy will fray if we don’t look beyond Covid-19 every once in a while, and seek out ways to get things done. Photograph: Gareth Chaney/Collins

Caveat: New Zealand’s lockdown relapse shows there is no easy way to avoid living with Covid-19

The Henry Street entrance to Jervis shopping centre in Dublin. Photograph: Alan Betson

Fields, Schuh, New Look and Topman among retailers being sued by Paddy McKillen entity

Harvey Norman’s digital sales grew almost 40 per cent in the 12 months to the end of June last year, its accounts note. Photograph: Cyril Byrne

Apartment fitouts new revenue stream for furniture chain amid Covid-19 uncertainty

Swiss-Irish food group Aryzta was among the market’s best performers, finishing 13.5 per cent up on the day. Photograph: Nick Bradshaw

Markets report: European stocks hit a near three-week high, S&P 500 closes in on peak

The bar of Cafe en Seine, on Dawson Street, Dublin. Photograph: Dara Mac Dónaill

Dublin superpub owner Mercantile Group still open to expansion despite hit from virus

 Killarney is filled with domestic tourists paying prices tailored for Americans.  Photograph: Valerie O’Sullivan

Caveat: A 17-county road trip reveals an industry battling fear, as well as its own old failings

Sonya Lennon: ‘How we work, as women and men, is ripe for change.’ Photograph: Dara Mac Dónaill

Advocacy group’s report on gender inequality suggests ways to improve fairness

Three Ireland added 100,000 customers in the first six months of 2020. Photograph: iStock

Additional customers offset decline in mobile operator’s average revenue figure per user

The Central Bank wants insurance companies to pay the “reasonable costs” of customers in a limited number of ongoing test cases over pandemic-related business interruption cover, even if they win. Photograph: Peter Macdiarmid/Reuters

Regulator instructs insurers to accept responsibility for publicans ‘reasonable’ legal costs even if they win

Light traffic in Dublin city centre last month. Photograph: Laura Hutton

Claims have been lower than normal due to lockdown traffic slump

Artists Richard Levins (left) and Paul Cooke begin work on the exterior of Mulligans pub on Poolbeg Street which, like all other pubs that don’t serve food, has to remain closed now until August 10th. Photograph : Laura Hutton / The Irish Times

Caveat: House parties have emerged as a potential problem, not pub parties

McDonalds on O’Connell Street, Dublin. Photograph: Crispin Rodwell

Fast-food chain reopens 27 of its Irish stores for dine-in for first time since shutdown

Taoiseach Michéal Martin arrives for a session of the Dáil at the Convetion Centre Dublin. Chambers Ireland is calling for the Government to go beyond ‘half measures’ to save the economy. Photograph: Alan Betson / The Irish Times

Business lobby group calling for subsidy extension and rates waiver

Travel stocks continue to be hit hard, with Irish Ferries owner Irish Continental Group down 5.5 per cent to €3.40.

Iseq remains flat on reduced trading volumes

Dermot Desmond: the businessman has been an investor in Canadian diamond mining for more than two decades. Photograph: Cyril Byrne

Mountain Province Diamonds is in talks with the businessman to secure new facilities

Tánaiste Leo Varadkar: the changes will ‘bring our offering into line with similar schemes across Europe’. Photograph: PA

Portfolio cap lifted on loan guarantee scheme for pandemic-hit SMEs

A consumer is seen at the Harvey Norman outlet at the Airside Retail Park in Co Dublin. File photograph: Alan Betson/The Irish Times

Australian furniture chain set to expand here amid boom in sales during lockdown

Horse Island, off Schull in west Cork,  was extensively upgraded by the Fitzgibbons since they bought it at the height of the Celtic Tiger in 2007. It has its own pier and helipad

‘Ultra high net worth’ European buys Horse Island and its seven properties and helipad

Norwegian employs about 80 administrative staff in Ireland. Photograph: Reuters

Norwegian Air International has been hit with two High Court debt summary judgment applications by Newrest

A view of office workers using computers in an open-plan environment.

Firm says its research shows three quarters of those slashing IT plan cuts more than 20%

The HSE said it was investigating  complaints after some brands appeared to be targeting the €250 million market for menthol smokers even after the ban.

Sales data shows Japanese company’s replacement brands had increased share here by mid-June

Taoiseach Leo Varadkar, left, and Minister for Finance Paschal Donohoe. Photograph: Niall Carson/PA Wire

Lenders under pressure to waive interest on coronavirus-related payment breaks

The grounds of the  32-bedroom Powerscourt Springs hotel which will open on July 20th in Coolakay, a picturesque area not far from Powerscourt waterfall

Wicklow businesswoman Lorraine Sweeney has teamed up with her daughter Adrienne Stewart in the €2.5m investment

 Marian O’Gorman of Kilkenny Design Centre: ‘The lack of tourists has taken 30 per cent straight out of the business.’  Photograph: Cyril Byrne

With quarantine in place for foreign visitors, tourists are unlikely to return in 2020

Dublin Airport: If the last Government was so adamant that nobody must fly, why did it let airlines continue to sell tickets? Photograph: Dara Mac Dónaill

From the lack of targeted supports to the fiasco over quarantine, it has been sold short

The House of Ireland shop on Grafton Street. Photograph: Crispin Rodwell

Five companies linked to Grafton Street giftware group to go into liquidation

Leo Crawford, BWG chief executive:  “There is a potential pot of gold there for whoever cracks it. We are looking at all options.”

But chief executive Leo Crawford warns costs must be borne and ‘nobody has cracked it’

Martin Kelleher, MD of Musgrave Retail Partners Ireland, with Brid O’Connell, CEO of Guaranteed Irish. Photograph: Andres Poveda

Veteran leaves Cork-based Musgrave group after 10 years running retail division

Columbia Sportswear: 120sq m shop on Trinity Street will open as a partnership with Irish-owned retailer Great Outdoors which will run the business.

Irish-American company patriarch Tim Boyle calls Trump a ‘conman’

Irene Molodtsov, UK and Ireland chief executive of Sia: “We started looking for an acquisition about one year ago and we came across Pathfinder in the third quarter of last year.”

Sia plans to double size of Irish business in next three years, adding up to 60 staff

The restaurants group argued that a VAT cut on pub drink from 23 to 9% was unrealistic, given the cost, and said lobbying should be focused elsewhere.  Photograph: Tom Honan

Industry groups are split over a drive for a near €700m cut to VAT on pub alcohol sales

Average spend in hairdressers and barbers was triple a normal pre-virus Monday.

Pent up demand drives spending 25% ahead of normal Monday business

 Clifden in Connemara.

Sector wants Fáilte Ireland to administer grants

Brothers Mick and Ciaran Crean of MicksGarage.com were down on the warehouse floor packing orders during the lockdown. Photograph: Brenda Fitzsimons/The Irish Times

The car parts sellers who started flogging frisbees, the gin makers who switched to sanitiser

Philip Morris said: “The phrase ‘menthol blend’ should not have been used in the advert because the product does not contain any menthol.” Photograph: Simon Dawson/Bloomberg

Ad to retailers for new brand ‘should not have run’, Irish head of tobacco giant says

Saoirse McHugh is now a pin-up for the restless wing of the Green Party. File photograph: Bryan O’Brien

Caveat: Radical wing pretends economic degrowth will not cause considerable pain

Dundrum shopping centre reopens. Photograph: Tom Honan

Ability of companies to split into trading and property entities may be restricted also

Beer garden of the Queen’s in Dalkey: Its car park makes it an attractive development site. Photograph: Cyril Byrne

Landmark bar owned by former AIB CEO Tom Mulcahy may be sold for redevelopment

Damien Bastiat, general manager of Ballyfin Hotel in Co Laois. “Time and space are the ultimate luxuries. There will be a maximum of 24 guests in a 40,000 sq ft hotel.” Photograph: Alan Betson

With wealthy Americans a no-show for now, luxury Irish hotels must pivot towards the domestic market for business

A mobile Covid-19 testing booth in Israel: the country reopened much of its economy and its schools at around the first week of May. It recorded a mini surge of cases over the last two weeks; 1,700 in a fortnight compared to 1,200 for the month before. Photograph: Jack Guez/AFP via Getty Images

Caveat: Bespoke closures and rapid test and trace systems can handle a resurgence

The United Nations World Tourism Organisation has predicted a near $450 billion (€398 billion) decline this year in tourism’s $1.5 trillion global revenues,

Top 1000: Few industries have suffered the blow of Covid-19 as much as travel

Former INM chairman Leslie Buckley. ODCE head Ian Drennan’s affidavit contained a series of allegations about the 2014 data leak, including that it was secretly engineered by Mr Buckley, who chaired the board as a representative of its then major shareholder, Denis O’Brien.  Photograph: Dara Mac Dónaill

Journalist Sam Smyth among seven preparing to sue company and former chairman

The Health Service Executive is investigating if some tobacco companies are breaching a recent ban on menthol cigarettes. Photograph: iStock

Big retailers ask manufacturers if substitute products are legal after menthol ban

Stay-at-home stocks such as video conferencing platform Zoom Video Communications fell in value after surging during lockdowns. Photograph: Albert Gea/Reuters

Markets report: Losses in technology and healthcare stocks halt a recent rally

Des Mulreany from Finglas and Lisa Leddy from Ballyfermot,  on Monday ahead of the first domestic passenger sailing since the outbreak of Covid-19.

Company’s 100-capacity touring vessel sets sail with capacity restricted to 40 people a trip

Craig McKinney, who has died after a long illness. Photograph: Peter Thursfield

Scottish-born businessman had long career in Irish finance

Ikea said it would reopen with a number of anti-virus safety measures in place. Photograph: Dara Mac Dónaill

Marks and Spencer will also reopen, but Penneys to stay closed

Shopping: for those who can afford to, get out there in coming weeks and show the concern for local businesses that seems absent in the halls of Leinster House. Photograph: Dara Mac Dónaill

If Government won’t speed things up to help SMEs, people must do it

Penneys has confirmed that it will not be reopening its 37 Irish stores next week, despite an expected move by the Government to accelerate the easing of restrictions to allow larger retailers trade from Monday

Retailer said it would not trade until it was safe for staff and customers to do so

The taskforce   recommends staggered mid-term breaks to “facilitate families wishing to holiday in Ireland” by spreading out demand

Government’s tourism group also recommends that hospitality businesses be allowed to implement one-metre social distancing

Providence’s Barryroe asset was valued at about €65 million in the accounts after a €23.8 million writedown. Photograph:  Finbarr O’Rourke

Former CEO Tony O’Reilly jnr received exit payment of almost €450,000

Local management of Brown Thomas and Arnotts confirmed that staff had been informed of the reopening schedule, but insisted it would at all times adhere to the Government’s schedule. Photograph: Nick Bradshaw

Ground floors to open doors earlier than anticipated as individual units in compliance with lockdown easing plan

Photograph: Getty Images/iStockphoto

Menthol market was estimated at up to 18% of total cigarettes market here before ban

Colm Brophy: said  the economic damage to the economy “and to the wellbeing of many individuals and businesses will be deep and possibly prolonged”. Photograph: Tom Honan

Mothers returning to work from maternity leave now eligible for State’s coronavirus pandemic wage subsidy

Mothers returning to work from maternity leave are now eligible for scheme in which the wages of certain workers affected by the coronavirus pandemic are subsidised by the State.

Revenue to implement it and will be backdated to March 26th

 Chief medical officer Dr Tony Holohan speaking during a press conference at the Department of Health. Photograph:  Colin Keegan/Collins Dublin

The glacial pace of economic reopening may satisfy the scientists but will spur hardship

US stocks rose to a 12-week high as data showed the economic damage from the coronavirus pandemic was less severe than anticipated. Photograph: Spencer Platt/Getty Images

Drugmakers strong as investors seek progress on coronavirus vaccine

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