Chris Hyams of Indeed, on the rooftop of the company’s  new offices at Capital Docks, Grand Canal Docks, Dublin. Photograph: Dara Mac Dónaill / The Irish Times

Online recruiter ‘well ahead’ with its hiring plans for Dublin headquarters

The €100 million State school-building programme was stalled by the collapse of UK giant Carillion. Fears are growing that the schools will not be ready on time for their scheduled September opening. Photograph: Yui Mok/PA Wire

Funder exploring options after original builder Sammon went into liquidation

Providence  chief executive Tony O’Reilly jnr: noted  Exxon Mobil estimated that 1.5 billion barrels of oil, worth $114 billion could be recovered. Photograph: Cyril Byrne

Apec purchased 50% of southwest coast field thought to hold over 300 million oil barrels

Merchants Quay Shopping Centre, Cork, built by O’Callaghan Properties

State assets agency says it will return €3.5bn to State when it has completed its work

Lloyds does not recognise unions, but has a staff negotiating body called the Colleague Representative Committee.

Dispute is over pay and union recognition

Minister for Finance Paschal Donohoe stressed that the Republic had changed its tax regime in line with OECD recommendations. Photograph: Nick Bradshaw

Report finds more multinational profits moved through Republic than Caribbean

Brendan McDonagh CEO  Nama: agency has increased its projected surplus by 17 per cent to €3.5 billion.

Agency books profit of €481m in 2017

 IAG chief executive Willie Walsh: consultants  say his £850,000 salary was in the “median range” for his industry but branded as excessive his £1.58 million bonus and £1.29 million share options. Photograph: Niall Carson/PA Wire

Willie Walsh’s £1.58m bonus and £1.29m share options are excessive, say advisers

The Irish Ferries vessel the ’Oscar Wilde’. File photograph

Delays by German shipbuilder forced ferry operator to cancel sailings

In the Style earns revenues of more than £20 million a-year selling clothes produced by pairing designers with their on-line audience.

On-line fashion retailer to retain management following investment

BAM Group chief executive Theo Cullinane. It is understood BAM remains in the race to complete a €100 million schools construction contract, despite the liquidation of its partner in the project, Sammon Construction. Photograph: Eric Luke

Sisk and JJ Rhatigan also believed to be bidding for schools contract

An image of the proposed €80 million apartment block in Donnybrook that has sparked complaints from local residents over the scale of the project.

Permission sought for 94 apartments on site measuring half a hectare

ECA said the survey is based on prices paid for everyday things such as dairy products, meat, fish, vegetables, a pint of beer and services such as dry cleaning. Photograph: Brenda Fitzsimons

Strengthening euro and inflation puts Dublin at number 72 in global cost-of-living survey

Martin Birrane, who died over the weekend aged 82. Photograph: Michael Chester

Mayo businessman perhaps best known for his development of Mondello Park in Kildare

Unite general secretary Len McCluskey described the agreement as historic and called it a significant step for Ryanair. Photograph: Dave Thompson/PA Wire

Deal with Unite follows similar agreement with cabin crew in Italy last week

Half of the Republic’s food and drink companies are focusing on new markets outside the UK, compared with 32 per cent for all businesses while one third are developing new products, against a quarter generally.

Food Drink Ireland finds sector better prepared for UK’s exit despite customs cost woes

The Bank of Ireland-ESRI Retirement Optimism Index shows  57 per cent of people have some financial plan for retirement, the highest since the survey began last November.

One-third of people feel it will be easy to live comfortably when they cease working

Activity in the construction sector has grown in each of the last 57 months, according to Ulster Bank. Photograph: Artur Widak/NurPhoto via Getty Images

Building industry’s momentum increased last month, new figures indicate

Last year an estimated 23,000 people in the Republic earned €115m from lettings through Airbnb.

Agency is investigating tax affairs of homeowners who have let rooms through the site

AA Ireland noted that fuel prices are at their highest since 2015. A litre of petrol is 9 cent more expensive than at the start of 2018 while diesel costs more than 10 cent extra.

Fuel and insurance hikes were pricing them off the roads, group says

Paddy Power Betfair’s existing New Jersey interests include   a partnership with a local casino and a horserace betting exchange. Photograph: PA Wire

US state in which Irish business already has interests is close to legalising sports betting

Michael Fingleton is representing himself at the Irish Nationwide inquiry.  Photograph: Dara Mac Dónaill

Committee reviewed applications for large loans and borrowers in arrears

The schools’ original builder, Sammon Construction Ireland, went into liquidation this week. Photograph: iStock

MUFG says it is exploring solutions to continue construction of six southeast schools

SMBC buys aircraft from manufacturers and leases them to airlines around the world. Photograph: iStock

Dublin-based aircraft lessor has 90 customers in 40 countries

The proposal would result in cutting the renewable power levy by €3.43 a month for households. Photograph: iStock

Charge to be decreased partly because wholesale cost of electricity is rising

Kingspan chief Gene Murtagh sold 86,359 shares in Kingspan after exercising options granted to him in 2013. Photograph: Brenda Fitzsimons

Chief executive cashes in his bonus scheme options and sell 86,359 shares

 More than 200 staff in 50 Lloyds Pharmacy stores  will strike on Thursday, June 14th. Photograph: Alan Betson / The Irish Times

Dispute concerns trade union recognition and zero-hour contracts

Pat Crean, CEO of  Marlet Property Group: The deal would have involved Round Hill buying and paying for the construction of the apartments – known as forward funding. Photograph: Jason Clarke

Discussions with Round Hill Capital began last autumn but no agreement reached

Ryanair confirmed it had signed its first cabin agreement with Anpac and Anpav, which will represent Ryanair’s directly employed cabin crew in Italy. Photograph: Tony Gentile/Reuters

Airline says it hopes to sign more deals with unions across Europe in coming weeks

Parents and students of Coláiste Raithin in Bray, Co Wicklow, whose new school building is being held up by the collapse of Carillion.

Department of Education must hire replacement for separate Maynooth contract

AIB was flat at €4.85 despite reports from brokers that someone had placed an order for 1.5 million of the bank’s shares. Photograph: Crispin Rodwell/Bloomberg

Smurfit Kappa shares slide almost 7% while Aer Lingus owner IAG falls 3.49%

Sammon had been working for the UK operator on the construction of five schools in counties Kildare, Meath and Wexford

Kildare-based company employs 200 people in Kilcock

Dunnes Brothers is a ground works and general contractor. Photograph: iStock

Subcontractor Dunne Brothers serves notice on Galway firm relating to several projects

In 2017 Barclays Ireland stopped handling credit card transactions for the group, which transferred this business to another division. This led to a loss of more than €600m in assets from the Irish arm’s balance sheet

Low interest rates and €2.5m fall in foreign exchange and trading earnings hit income

Mater Private owns hospitals in Dublin and Cork, two cancer treatment centres in Limerick and Liverpool, and a number of out-patient clinics.

Deal with Harbourvest is thought to value hospital group at about €500m

Total Produce chairman Carl McCann. Photograph: Alan Betson

Irish company’s €260m purchase of stake in US producer delayed by EU regulators

AirAsia Group CEO Tony Fernandes: he is also chairman of English championship soccer team Queens Park Rangers. Photograph: Peter Parks/AFP/Getty Images

Police in India investigating allegations officials were bribed to influence aviation policy

Aer Lingus’s  recruitment drive comes at a time when it is expanding, specifically over the north Atlantic, and is bringing in new aircraft over the next two years

Airline doubling its intake of apprentices, and hopes to get more female applicants

PIRC says share options of £44.9m  given to Mr Alexander and £22.5m  for GVC chairman, Lee Feldman,  excessive.

Share options for Kenny Alexander, boss of Ladbrokes’ parent GVC ‘are excessive’

Ires Reit chairman Declan Moylan: Photograph: Cyril Byrne/The Irish Times

Agm hears concerns from shareholders over share sell-off by David Ehrlich at €4.2m profit

Ireland West Airport Knock, in Co Mayo: to get  €2.3 million as part of Project 2040.  Photograph: Dara Mac Dónaill

Donegal, Kerry and Knock airports to use money to boost safety and security

A Spanish union spokesman reportedly told a news conference that cabin crew unions would strike if Ryanair did not meet their demands by June 30th. Photograph: Rafael Marchante/Reuters

Unions representing cabin crew meet in Madrid to discuss possible industrial action

Home lender Permanent TSB tumbled 7.29 per cent to €1.73 on very light trading. Photograph: Alan Betson

Market report: Trading light as US and UK holiday but PTSB and INM show activity

Leinster captain Isa Nacewa and his team-mates celebrate after winning the Pro14 final against Scarlets at the Aviva Stadium, Dublin, on Saturday. Photograph: PA

Tournament plans further expansion after new media rights deals

Alan Hynes: does not have a practising certificate, which would allow him to offer accounting services to the public. Nor can he carry out audits. Photograph: Eric Luke

Complaints after investors lost €18m in property ventures

Data Protection Commissioner Helen Dixon.Photograph: Cyril Byrne

Warning that GDPR will lead to a surge in insurance claims

One of Hibernia Reit’s planned future developments on Harcourt Street.

Company outperforms market, with total return up 11.6 per cent

Emirates’ advice: independently run airport terminals “have not got a great record” unless airlines themselves own them, according to Enda Corneille (above). Photograph: Naoise Culhane

Airline says Dublin Airport needs to plan now for additional traffic from new runway

Sisk: the Irish construction specialist  has contracts for the overall Circle Square project in Manchester, worth a total of £236 million sterling. Photograph:  Cyril Byrne / THE IRISH TIMES

Manchester development now worth almost €270m to Sisk

The  British group Carillion collapsed owing  £7bn  to creditors. Photograph: PA Wire

State’s National Development Finance Agency says schools and Institute of Education must be ready for new academic year

Ryanair: the Irish airline expects profits for the 12 months to March 31st, 2019, to fall from €1.45 billion to between €1.25 billion and €1.35 billion. Photograph: Chris Ratcliffe/Bloomberg

Airline says oil price will add €400m to its own fuel bill and threaten rivals’ viability

Ryanair CEO Michael O’Leary during a Bloomberg Television interview in London on Monday, May 21st. Photograph: Jason Alden/Bloomberg

Airline faces possible industrial action from pilot unions impatient over recognition talks

Paddy Power Betfair already has a substantial business in the US, where it operates horse racing TV channel and online betting network TVG. Betting on racing is legal in the US. Photograph: Carl Court/Getty Images

Gambling giant at an advantage as states to begin licencing sports betting by autumn

 Equities in Europe have been buoyed  up by a crude oil price of $80

Market report: Paddy Power Betfair continued its strong run

Ires Reit founding chief executive David Ehrlich earned a profit of €4.2 million on the sale of 11.79 million Ires shares to Capreit.

Shareholders and executives reap rewards of recovery driven by property supply shortage

Michael Stanley, chief executive of Cairn Homes, said  recruiting apprentices was important and the company had a support programme for sub-contractors that did this. Photograph: Nick Bradshaw

Block of 120 apartments on Hanover Quay on the table in single deal

Figures show that 30 apprentice plasterers registered in 2017 compared with 310 in 2006. Floor and all tiling had 46 registered apprentices in 2006, but none last year.  Photograph: Getty Images

Builders must hire 112,000 skilled workers over next five years to meet housing and infrastructure needs

BP added 1.17%  to €577.20 in London, one of a clutch of oil companies to gain ground on news of rising crude prices. Photograph: Getty Images

Shares in Game Account Network rise steeply in Dublin and London

David Ehrlich, founding chief executive of the Republic’s biggest landlord, Ires Reit, earned a €4 million profit on the sale of 11.8 million shares in the company. He stood down as chief executive  last October.

Nearly 12 million shares sold to property trust’s biggest investor, Canada’s Capreit

Direct Dublin-Beijing flights will be on Tuesday and Saturdays while the services including the Edinburgh stopover will be on Thursdays and Sundays.

Carrier will offer two direct flights a-week while two will stop over at Edinburgh

Paddy Power Betfair’s price was down around 1.8 per cent in London at 7,833 pence sterling at lunchtime, but it held on to much of the 12 per cent gain it made on the back of Monday’s news..

Lifting ban on sports betting presents opportunity for company which has a presence already

Chief executive Donal Murphy (right) with former chief executive Tommy Breen. Photograph: Eric Luke

Fuel and healthcare distributor profits grow by almost 27%

Shannon Foynes Port Company: project  will involve raising an 83-acre area by 4.4m, along with new internal roads, bridges and a roundabout.

Port operator plans to convert 83 acres into site for marine-related activity

LacPatrick chief executive Gabriel D’Arcy. Glanbia, Lakelands, Aurivo and Dale Farm have all expressed interest in the co-op.  Photograph: Enda O’Dowd

Monaghan-based co-op seeks strategic partner as it struggles amid falling milk prices

The US supreme court decision paves the way for states to legalise sports betting. Photograph:  Jim Watson/Getty

New Jersey sought to strike down federal law that prohibited betting in most places

Apple  has scrapped proposals to build a data centre in Ireland following delays in the planning process. Photograph: Yui Mok/PA

Legal expenses around abandoned Apple plan estimated to be minimum of €500,000

The Merchant Square building in Belfast will hold 227,000sq ft of offices and shops and house up to 3,000 workers after it is finished in the third quarter of next year.

Development will involve refurbishing Oyster House in central Belfast

Bus Éireann is to hire 200 drivers and mechanics to allow it expand its services in rural Ireland. Photograph: Aidan Crawley

Transport authority to give company extra money under contract valid until end of 2019

Traders working on floor of the New York Stock Exchange. Photograph: Brendan McDermid/Reuters

Ryanair and CRH dip in Dublin while Glanbia and Kingspan trade up

Banker and lawyer will succeed Pádraig Ó Riordáin at the State airport company

Boscabet has begun rolling out digital betting information displays in bookies and UK racecourses, where its new system for the new British Tote –  Britbet –  will go live later this year

Irish start-up’s digital displays will help betting shops promote racing

Ikea already has a base in Carrickmines where customers can order furniture online and later collect it. It is now looking to open a full outlet. Photograph: Grigoris Siamidis

Swedish furniture store negotiating with Jim Kennedy over contentious Carrickmines site

Carillion went to the wall owing £7bn to creditors, making it one of the biggest failures in the history of British construction. Photograph: Getty Images

State finance agency to discuss progress after Irish contractor Sammon called in examiner

Ballyogan Luas stop. Viscount intends to redevelop part of Clay Farm in Ballyogan.

Developer submits new application following An Bord Pleanála refusal in January

The late Pearse Lyons at Pearse Lyons Distillery on  James’s Street: predicted algae was going to be a “game-changer” in science.  Photograph: Conor McCabe Photography

Brewing and food group founded by Pearse Lyons thought to have invested €178m in site

Heatons has 54 shops across the island of Ireland

Workers worried over reports from Britain about Sports Direct’s treatment of its staff

Construction companies  report a squeeze in the numbers of plasterers, carpenters, electricians, bricklayers and plumbers

Report shows more than 80 per cent of building companies are having problems recruiting surveyors and commercial managers

 Fiona Ross She will formally take up the three-year post after appearing before the Oireachtas Joint Committee on Transport, Tourism and Sport. Photograph: Nick Bradshaw

Fiona Ross will take up three-year post at State-owned public transport group

Kennedy Wilson has bought the Elysian Tower for €87.5 million from previous owner, another US fund, Blackstone.

US-based landlord paid €87.5 million for Republic’s tallest building

Cathay Pacific is hoping passengers will see Hong Kong as a natural stop-over location for journeys between Ireland and Australia or New Zealand.

Service begins on June 1st and will fly four times a week

LacPatrick chief executive Gabriel D’Arcy. The co-op confirmed this week that a board meeting decided the co-op should pursue “partnerships, joint ventures, mergers” or other opportunities. Photograph: Enda O’Dowd

Dairy processor contacted rival after LacPatrick indicated interest in pursuing deals

Pat Ivory, Ibec’s director of EU and International Affairs, says there are key areas on which the union should focus. Photograph: Alan Betson

Head of European Commission’s in the Republic said it might have some questions for the State in the area of taxation

A Co Monaghan facility of Lacpatrick. The co-op invested €40m   last year in a new drier used for  powdered milk

Milk processor pursuing options around ‘partnerships, joint ventures, mergers’

 IALPA-Fórsa is seeking a basic deal whereby Ryanair acknowledges that it recognises it as the representative of pilots employed in the Republic. Photograph: Reuters

Both sides have different views on the content of the proposed agreement

The Exhibitionist: each corridor of the Kensington hotel has been given a theme by an individual artist

Company takes 20-year leases on Exhibitionist and Gainsborough boutique hotels

ISEQ: Glanbia climbed 2.58 per cent while financial services group IFG announces a management shake-up

Dundrum town centre manager up 4.17% in London after saying it would abandon Intu purchase

The Court of Justice of the European Union ruled that allowing airlines to automatically classify wildcat strikes  as extraordinary circumstances would make passengers’ rights dependent on the different industrial relations laws that apply in each EU member state.

Germany’s TUIfly had refused to pay compensation for cancelled flights

Tullow Oil chairman Aidan Heavey: departure is a major change for Tullow, which he led from its origins as a penny stock to a FTSE 100 company. Photograph: Nick Bradshaw

Former Drax Group chief Dorothy Thompson to succeed Tullow founder

The new single wholesale electricity market, designed to boost efficiency and align Irish energy costs more closely with those in Europe, was due to launch on May 23rd

Launch of scheme that could save consumers and businesses €200m put back by months

IPL cannot say when it is likely to launch on the stock exchange.

Container maker will issue new shares when it floats on market, hoping to raise €125m

Sammon had been working for the UK operator on the construction of five schools in counties Kildare, Meath and Wexford

Work on schools stalled following collapse of Carillion in UK, which forced Sammon into examinership

Punchestown: the racecourse said the Hunt Stand was completed on time and on budget

Racecourse offering record €3m prize money as it seeks to draw 125,000 racegoers

New figures show that house building drove a sharp increase in activity in the sector in March. Photograph:  Alan Betson

Irish construction activity continued to expand at brisk pace in March, figures show

Construction workers  on a Cairn Homes   development.  Photograph: Chris Ratcliffe/Bloomberg

‘Extraordinary’ sales demonstrate strength of market, says Cairn Homes chief executive

Amazon enjoys mixed fortunes at Irish subsidiaries

Cork-based services operation loses €3.3m as data enterprise gains €19m

Michael Fingleton, former managing director of Irish Nationwide Building Society. Photograph: Alan Betson/The Irish Times

Society’s former MD Michael Fingleton cross-examines lender’s one-time head of internal audit Killian McMahon

Developer Michael O’Flynn constructed the building just as the property market was collapsing. Photograph: Daragh MacSweeney/Provision

Michael O’Flynn built State’s tallest building in 2008 for €100m

The Labour Court recently recommended that Pfizer pay up to €35,000  for freezing the  defined benefit pension plan. Photograph: Reuters

Pharmaceutical manufacturer’s staff hire experts to clarify Labour Court ruling

Oliver Loomes and Colin O’Brien of Diageo consider a new urban quarter at  St James’s Gate in the Liberties. Photograph: Dara Mac Dónaill

Harcourt Developments in running for Diageo urban centre planned for St James’s Gate

Ryanair chief executive Michael O’Leary said  the ECJ verdict would not change the Irish contracts or the structure of the Irish contracts and not threaten to increase the airline’s costs. Photograph:  Nick Bradshaw

Airline says plaintiffs in 37 cases are not employees

More articles