Clayton Hotel chain operator Dalata fell as it was confirmed that the State’s 9 per cent hospitality VAT rate was to go. Photograph: David Cantwell

Ongoing tensions over Italy’s finances overshadow European trade

Paddy Power Betfair has 261 betting shops in the Republic.

Bookmakers’ lobby group predicts 1,500 job losses

Money is to be spent on expanding the Luas

New buses for Dublin and ports to be upgraded

Paschal Donohoe said that it was “timely” to increase the current 1 per cent rate levied on all bets placed in the Republic of Ireland to 2 per cent for all bookmakers.

Move scheduled to raise €52m a year

Sirius chief executive Howard Millar: was chief financial officer and deputy chief executive of Ryanair until 2014. Photograph: Bryan O’Brien

Sirius plans to buy and lease second-hand planes mainly for short-haul flights

For sale signs on Sandycove Road in Co Dublin. Photograph: Cyril Byrne

Figures from Sherry FitzGerald show prices in Dublin grew 3.6% in the period, around half the level of the previous year

Marmite maker Unilever drops  plans to centralise its HQ in Rotterdam. Photograph:   Epa/Andy Rain

Apple, Twitter and Facebook down as investors fear US economy overheating

Abbey executive chairman Charles Gallagher. Photograph: Alan Betson

Charles Gallagher says move will increase profits but ease accommodation squeeze

Ryanair chief executive Michael O’Leary  at the airline’s agm on  September 20th. Photograph: Cyril Byrne

Airline issues profit warning as it braces for further industrial unrest in difficult market

Minimum wage workers are  more likely to lose their jobs than higher paid employees, according to the ESRI study.

Most workers’ pay increases without having to move jobs, says ESRI study

Eirgrid chief executive Mark Foley in the national control room in Dublin. File photograph: Aidan Crawley

Integrated single electricity market went live on Monday, opening Ireland up to imported power from Europe

Ryanair’s shares plunged 12.5 per cent to €11.48. Photograph: Yves Herman/File Photo/Reuters

European stocks buoyed by new Nafta trade pact between US, Canada and Mexico

Enda Corneille, Ireland manager of airline Emirates, said his company’s craft regularly fly out a range of goods in their cargo holds, such as beef, eggs, and medical products.

Arab-Irish Chamber of Commerce identifies opportunities for companies from multi-nationals to Irish small businesses

Figures from showed house price inflation slowing. Photograph: iStock

Housebuilders also hit as investors hold back from market

Genesis buys Boeing and Airbus short-haul craft that are leased to airlines around the world. Photograph: iStock

Aviation firm pledges to hire Irish companies for maintenance ‘where practicable’

Northern Ireland’s power plants may have sufficient capacity to supply the region, albeit at higher prices than now.

UK government paper suggests North may suffer blackouts with energy firms collapsing

Ryanair crew waits as passengers disembark at Brussels South Charleroi Airport: If the UK crashed out of the EU without a deal, it would fall out of Open Skies. Photograph: Emmanuel Dunand/AFP

Airlines’ cashflows face disruption and fallout of toll on UK economy, Moody’s warns

IAA chairman designate Michael McGrail said it was critical that Dublin Airport’s new runway be built as planned.

‘There would be a danger that flights to the UK could halt’, Oireachtas committee hears

A Ryanair cabin crew member. Photograph: François Lenoir/File Photo/Reuters

Airline accuses competitors of impeding its talks with unions and organising strikes

Ryanair said on Tuesday that it would cancel 190 of a total of 2,400 flights.

Airline says move will hit 30,000 of 450,000 passengers

Norwegian last year launched services to Stewart International Airport in New York state and Providence, Rhode Island. Photograph: Johan Nilsson/TT News Agency/Reuters

Carrier announces milestone a day after row over its decision to cut Belfast services to US

Digicel chairman Denis O’Brien. The company has announced a three-week extension to its bond swap offer after a majority of the creditors involved said they would not take up the offer. Photograph: Swoan Parker

Holders of more than 60% of debt in swap offer oppose current terms from Denis O’Brien group

Final proposals from Hines, Ballymore and U&I to be submitted to Diageo this month

Digicel has been struggling with falling earnings in recent years as currency weakness, economic reverses and declining voice and data revenues hit its main markets.Photograph: Getty Images

Denis O’Brien’s telecoms operator in bid to ease its $6.7bn debt burden

Marlet chief executive Patrick Crean: Marlet subsidiary wanted a number of issues investigated, including Chambury’s decision to sell its main asset, a plot of land on Lime Street, to what Balark said was a related company. Photograph: Jason Clarke

High Court says liquidator already posted to Johnny Ronan firm has displayed integrity

Sterling plunged more than 1 per cent against the euro to close at €1.113. Photograph: Phil Noble/Reuters

Traders offload sterling after UK prime minister calls on EU to produce fresh proposals

Denis O’Sullivan managing director of Gas Networks Ireland. “We connect between 13,000 and 14,000 new customers a year, and we operate one of the safest and most reliable networks in Europe.” Photograph:  Shane O’Neill

Greenhouse gas emissions can be converted to gas to generate electricity, power businesses, heat homes and run transport

Natural gas is needed to generate more than half the electricity used in the Republic. Photograph: iStock

State acting to avoid dependency on Britain after Corrib and Kinsale fields are exhausted

Ryanair chief executive Michael O’Leary holds a media briefing after the company’s agm on Thursday. Photograph: Niall Carson/PA Wire

O’Leary lobbying to be allowed employ pilots and crew in European countries under local contracts

Clairvue-Nantes paid Nama €26.6 million for the loans, secured on properties bought by Quinlan Private, a partnership led by financial adviser, Derek Quinlan, in February 2012.  Photograph: Cyril Byrne

State agency to appear before Public Accounts Committee

Ryanair agreed to recognise trade unions in December and said  it had reached deals with organisations representing about 60 per cent of pilots and cabin crew across its network. Photograph: Reuters

European Cockpit Association calls on investors to back ‘necessary changes’


Irish Whiskey Auctions to verify bottles of whiskey and charge fees to buyers and sellers

 Michael O’Leary and Charlie McCreevy during  a Ryanair agm  at Dublin Airport. Photograph: Eric Luke

Declan McKeon, one-time partner with PricewaterhouseCoopers, also steps down as director

Aer Lingus began services to Bradley airport in Hartford, Connecticut, two years ago as part of its transatlantic expansion. Photograph: Cyril Byrne

Irish airline will receive cash over four years and fly the route in fifth and sixth year with no subsidy

Minister for Housing Eoghan Murphy said the Land Development Agency is meant to ensure that the supply of homes in the Republic is no longer subject to boom-and-bust cycles. Photograph: Gareth Chaney/Collins

Work could start next year on initial 3,000 homes built by agency, Minister says

The new technology provided by Civica Digital will give the PSNI an efficient way of sharing information with other organisations in Northern Ireland’s criminal justice system.

Data-management specialist with offices in Belfast and Dublin secures five-year contract

Aer Lingus has announced that it will fly direct to Montreal in Canada and Minneapolis St Paul in Minnesota next year. Photograph Nick Bradshaw

EY report says development of airport could create 34,000 jobs and boost economy

Ryanair chief executive Michael O’Leary. The increasing number of issues faced and insufficient response by the airline put its reputation at stake, investor adviser Pirc said. Photograph: Tomasz Gzell/EPA

Investment adviser cites industrial unrest and cancelled flights as reasons for advice

Blue Elf Inc Ltd, owned by comedian Mario Rosenstock, paid €118,663.80 for under declaring income tax, social insurance and the universal social charge.

Comedian and promoter make settlements with Revenue worth €118,663 and €701,025

Coillte plans to build 25 more wind farms on its land with the capacity to generate 1,000 megawatts  of electricity over the next decade. Photograph: iStock

Dublin-listed energy player Greencoat the winning bidder for Coillte’s stake in the wind assets

A new report   estimates that the construction industry will be worth €21 billion to the economy this year. Photograph: Frank Miller

Linesight estimates building 100sq m dwelling costs between €126,000 and €161,000

Construction Industry Federation director-general Tom Parlon warned that “myriad State agencies and regulatory bodies” did not match national commitments. Photograph: Dara Mac Dónaill

In pre-budget submission, CIF calls for more co-ordination between State agencies

Ryanair chief executive Michael O’Leary posing for media photographs at the airline’s agm in Dublin in 2017. Photograph: Tom Honan.

Irish budget airline says move is to allow shareholders discuss ‘all matters freely with the board’

Observers expect Paddy Power Betfair to face increased competition as sports wagering expands. Photograph: Paddy Power Betfair/PA

Irish gambling giant’s US affiliate Fanduel is extending service to customers in New Jersey

A truck passes a Brexit billboard in Jonesborough, Co. Armagh, on the northern side of the Border.   Photograph: Niall Carson/PA

BoI/ESRI survey says people living close to Border making ‘extra precautionary savings’

Construction cranes in Dublin. August was the second month running in which the civil engineering sector recorded growth.  Photograph:  Getty Images

Construction purchasing managers’ index shows house-building is the strongest performer

American oak barrels containing Jameson whiskey produced by Irish Distillers in Midleton, Co Cork

Article claims Government wants the benefits of a thriving whiskey industry but would prefer ‘if no one actually drinks the stuff’

Building materials group and index heavyweight CRH slid 2.23 per cent to €27.65

Ryanair trims losses to close 0.22% down, while AIB performs badly, tumbling 2.77%

The centre is a mainly one-storey building with 11,300sq m of shops located at a junction between the Cork suburbs of Bishopstown, Glasheen and Wilton.

Wilton Shopping Centre was bought from Nama in 2016 for a reported €70m

DAA chief executive Dalton Philips: “We are constrained and we rapidly need this infrastructure and we need it now.” Photograph: Cyril Byrne

DAA to invest €900m in piers and stands, with another €320m earmarked for new runway

DAA chief executive Dalton Philips: “We could bring more flights into this country today if we had the capacity.” Photograph: Cyril Byrne

DAA chief executive Dalton Philips has ambitious expansion plans for Dublin Airport

 PM Group’s Larry Westman,  Dave Murphy and Dan Flinter:  “The performance to date in 2018 has been really positive and a great tribute to the group’s management and staff,” says Mr Flinter.

Engineering firm posts profits of €9.1m, down 14% as Brexit and strong euro take toll

Around 100 members of Ryanair’s 350 Irish-based pilots have been in dispute with the company over base transfers, promotions, leave and other issues since early July. Photograph:  Dan Kitwood/Getty Images

Irish-based pilots accept collective agreement with company

Photograph: iStock

Revenues dip 14% at Irish-based project manager to €290m for 2017

Glenveagh Properties co-founder and chief executive Justin Bickle at the conpany’s maiden AGM in June. Photograph: Nick Bradshaw

Irish-listed property group has spent €479m on land with capacity for 11,730 dwellings

The charge is levied on all homes and businesses in the State to support renewable energy producers, such as wind farms. Photograph: Ben Curtis

Public service obligation benefited Russian-owned firm for 10 years to 2016

Bain bought sites at Rathfarnham, Hollystown and Portmarnock, from a consortium of Regency, Avestus and New York-based fund Centrebridge. Photograph: Chris Ratcliffe

At average price of €500,000, Scholarstown Wood development would sell for €85m

Nordic Aviation Capital customers include Irish-based Stobart Air, the carrier that provides Aer Lingus’s regional services under contract.

Nordic Aviation Capital said revenues grew 16% to $780m for the year to the end of June

Ryanair pilots: Ryanair Transnational Pilot Group has tabled  a “way to de-escalate the current conflict” between the airline and its pilots. Photograph: Laura Hutton/Collins

Airline rejects proposal and denies it has ‘transnational’ issues’ in operations

Forsa official Ashley Connolly said that the cabin crew agreement marked a milestone in the development of collective bargaining at the airline. Photograph: Rafael Marchante/Reuters

Union says it signed agreement to represent airline’s some 200 directly-employed crew

An artists impression of the WB Yeats

Profits at Irish Ferries owner almost halve

The State adds the levy to all electricity bills to pay for price supports given to renewable energy generators, such as wind farms. Photograph: PA

New move by utilities regulator will not cancel out recent electricity price hikes

Kieran Mulvey  was most recently in the news when he mediated talks between Ryanair and a group of striking pilots. Photograph: Dara Mac Dónaill

Mulvey deemed not independent as he was nominated to the board by Denis O’Brien

Ryanair chief executive Michael O’Leary, Laudamotion’s Michelle Capelli AND Melanie Brunner with Andreas Gruber, Laudamotion’s chief executive.

Low-cost carrier to acquire additional Airbus craft as Ryanair buys 75% stake in company

Nick Cullen, investment director at BCP, noted that Fumbally Lane was almost fully occupied

Earlier-than-expected sale ‘demonstrates strong demand’ for such properties in Dublin

‘The partnership completes what we set out to do in 2015,’ says Cityjet founder Pat Byrne

Gabriel D’Arcy: stepping down as chief executive of Monaghan-headquartered LacPatrick Dairies.

Shareholders may be asked to vote soon on possible merger with Lakeland Dairies

Penneys owner Associated British Foods slid 3 per cent to 2,286p sterling after fire engulfed its Belfast store. Photograph: Liam McBurney/PA Wire

Travel software developer Datalex climbs 1.7% after reporting strong profits

At the announcement of Leinster Rugby’s partnership with BearingPoint are, from left,  Leinster Rugby players Rob Kearney, Robbie Henshaw and Seán O’Brien.

Leinster recruits BearingPoint as innovation sponsor

CityJet CEO Pat Byrne and Aer Lingus CEO Stephen Kavanagh

CityJet will operate Dublin-London service on behalf of Aer Lingus under wet lease deal

Dan Fox fronted four-piece group Lost in Flight, which had an Irish number one with its single Last Breath.

Dan Fox switched from fronting a band to finding a way to disrupt the legal profession

Johnson Hana founder Dan Fox. Photograph

Former banker David Went and ex-Tesco Ireland chief Tony Keohane join Johnson Hana as non-executive directors

Independent mediator Kieran Mulvey and Ryanair chief people officer Edward Wilson in Dublin Airport. Photograph:

Sides adjourned late last Friday following four days of discussions last week

American Airlines announced on Tuesday that it planned a daily Dublin-Dallas Fort Worth service between June 6th and September 28th next year.

US carrier announces first direct service from Republic to Texas

The partnership with Air Malta is the same as the one that Ryanair agreed earlier this year with Air Europa.

Deal agreed by carrier with Air Malta opens up 21 destinations in eight countries

Merrion Vaults founder Séamus Fahy: “They are saying that they worried about sterling’s weakness.” Photograph: The Irish Times

Increasing numbers from North buying gold and storing it in Dublin, says Merrion Vaults

The K Club in Co Kildare: 550-acre estate features a hotel and golf course. Photograph: Eric Luke

Michael Smurfit’s Kildare property went on market in July with asking price of €80m

Uniphar chief executive Ger Rabbette (left) and chairman  Maurice Pratt. Photograph: Dara Mac Dónaill

Healthcare equipment business changing hands for reported €65m

 Former Workplace Relations Commission chairman Kieran Mulvey during Mediation talks between Ryanair and Unions at Dublin Airport. Photograph: Gareth Chaney/Collins

Airline and union met for a fourth day under mediator Kieran Mulvey

Negotiations between Ryanair and Ialpa  are set to resume on Friday as the sides continue to seek an end to the deadlock that has led to five one-day strikes at the airline. Photograph: Andy Rain/EPA

Talks to restart at Dublin Airport between airline and Irish Airline Pilots’ Association

Lloyds Pharmacy workers picket the chain’s Nutgrove branch in Dublin. About 270 staff in 40 of the chain’s stores are due to strike for the eighth time on Saturday. Photograph: Garrett White

Mandate says it was told chain allowed head office staff vote on shop-floor conditions

Housebuilder Cairn Homes fell 1.66 per cent to €1.542 as concerns over slowing property price inflation and rising construction costs weighed on investors.

Market report: Ryanair climbs amid signs of easing industrial relation tensions

(Left) Former Workplace Relations Commission chairman Kieran Mulvey & Eddie Wilson, chief people officer at Ryanair. Photograph: Gareth Chaney/Collins

Talks ended at 12.30am on Thursday morning after a 12 hour session

Former Workplace Relations Commission chairman Kieran Mulvey during Mediation talks between Ryanair and Ialpa, the pilots’ union,  at Dublin Airport. Photograph:  Collins

Both sides have agreed not to make any public comment during mediation

The pilots’ union has also warned that a threat of redundancies at Ryanair’s Dublin Airport base has complicated the dispute. Photograph: Thomas Frey/AFP/Getty Images

Both sides have agreed not to make public comment until the talks are complete

Turnover at Shannon Foynes rose 5.7 per cent last year to €14 million

The quantity of cargo the port handled last year rose 4% to 11.3m tons

Take-offs and landings in July were up 4.3%  at Dublin Airport, Cork was up 0.5%,   and Shannon rose by 8%

Irish Aviation Authority records 115,834 aircraft movements in Republic’s airspace during the month

Alan Walsh, chief executive, of IPL Plastics. Photograph: Dave Meehan

Group says increased raw material, transport and labour costs hit Q2 results

Peter Collins of Kennedy Wilson photographed at its development at Clancy Quay in Dublin in 2016. Photograph: Brenda Fitzsimons / THE IRISH TIMES

Collins succeeds Mary Ricks in the role following her promotion to group president

The new facility in the airport’s terminal two will handle four times the number of transfer passengers now passing through Dublin.

Number of passengers using Dublin for connecting flights up 17 per cent this year

Former Workplace Relations Commission chairman Kieran Mulvey and Eddie Wilson chief people officer with Ryanair during mediation talks between Ryanair and unions at Dublin Airport. Photograph: Gareth Chaney/Collins

No further strike action notice will be issued while negotiations continue, union says

Aryzta said it would raise the cash by issuing new shares, giving the right to current investors to buy the stock in proportion to their existing holdings

Irish-Swiss baker seeking to reduce €2bn debt as group’s value falls by €420m

Lloyds Pharmacy workers picket the Nutgrove branch in Dublin in June. Mandate members working at the chain plan further one-day strikes for August 18th and August 25th. Photograph: Garrett White

About 300 staff to step up industrial action over pay and trade union recognition

Ryanair pilots on strike at Dublin Airport on Friday which was the fifth   24 hour work stoppage by pilots over pay and conditions. Photograph: Laura Hutton/Collins

Around 100 of Ryanair’s 350 Irish-based pilots held fifth one-day strike on Friday

Aryzta chairman  Gary McGann and chief executive  Kevin Toland. Analysts agree that the management team has inherited most of the problems with which they are now wrestling. Photograph: Alan Betson

Investors fleeing company which makes Cuisine de France bread and McDonald’s buns

Troubled Irish-Swiss baker Aryzta is not due to publish accounts for its last financial year until October 1st.

Troubled baker faces having to raise about €335m by selling new shares

Ryanair is facing strike in five countries on Friday after the airline’s attempt to halt a walkout by Dutch pilots failed. Photograph: Alan Betson / The Irish Times.

Airline now facing stoppages in five countries, with nearly 400 flights cancelled

Avolon’s headquarters in Dublin. Orix Corporation agreed to buy 30 per cent of Avolon from Bohai Capital.

Ratings agencies signal upgrade for Irish aircraft lessor on back of deal

The German pilots will join their Irish, Belgian, Swedish and possibly Dutch colleagues on the picket line

Irish pilots among those taking action with bulk of trips affected going to and from Germany

The World Cup, which ended in July, will add £8 million to Paddy Power’s profits this year.

Betting giant expects full year earnings between £460m and £480m

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