Greencore chief executive Patrick Coveney surprised markets on Monday by announcing the sale of its business in the United States. Photograph: Dara Mac Donaill / The Irish Times

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

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Allegations against former Dallas staff member include creation of false invoices

Coillte chief executive Fergal Leamy at its offices in Newtownmountkennedy, Co Wicklow. Photograph: Nick Bradshaw

Turnover up 16% in first half of year, as State company adds two new depots in Britain

President and chief executive of The Ireland Funds Kieran McLoughlin: “the Dallas incident did occur on my watch. As chief executive, I have to take responsibility for that. Leadership has consequences and this crystallised my decision to leave.” Photograph: Aidan Crawley

Charity seeking relief from alleged ‘theft’ of between $200,000 and $1m

Howth castle and demesne  covers more than 470 acres of walled gardens, woodland, heathland and rhododendron gardens

Sale includes former Deer Park Hotel and golf courses

The Gaisford-St Lawrence family has agreed to sell the 470-acre estate to Tetrarch in a multimillion-euro deal

Group plans to reopen Deer Park Hotel as ‘luxury’ property and transform golf courses

Drury Porter Novelli managing director Anne-Marie Curran. Photograph: Jason Clarke

But profits down at Drury Porter Novelli due to investments in staffing and systems

Credit Suisse employs about 100 staff at its Dublin branch. Photograph: Jeenah Moon/Bloomberg

Mahon joins from Irish arm of Barclays Bank, where she was chief operating officer

US President Donald Trump speaks during an event on the US-Mexico-Canada Agreement, or USMCA, at the White House in Washington DC on October 1st. US and Canadian negotiators worked around the clock last weekend to secure an agreement,  allowing leaders from those nations and Mexico to sign the accord by late November. Photograph: Andrew Harrer/Bloomberg 

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

Gavin O’Reilly: “Our American business started growing rapidly and that has accelerated in the first three quarters of 2018.” Photograph: Nick Bradshaw

Communications group locked in legal battle with Denis O’Brien reports 87.5% profit jump

Ryanair chief executive Michael O’Leary (centre) with chairman David Bonderman, left, and non-executive director Kryan McLaughlin at Ryanair’s AGM in Dublin last year. Photograph: Tom Honan.

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

Brothers Stephen Teeling and Jack Teeling at the opening of the Teeling Whiskey Company’s €10m distillery in Dublin 8, in 2015. Photograph: Dave Meehan

Dublin distillery will begin selling the first batch of its own whiskey in October

Central Bank governor Philip Lane cited three reasons to set “ambitious” fiscal targets in the current positive economic environment.   Photograph: Nick Bradshaw

Philip Lane urges Government to cool current strong economic growth and to treat corporation tax surge as a windfall

Michael O’Flynn says his proposal would deter land hoarding, as the increase in supply of sites would reduce the likelihood of sharp price rises in the future. Photograph: Brenda Fitzsimons

Michael O'Flynn wants emergency measure introduced to free up land in urban areas

Northern Ireland businessman Sean Quinn. Photographer: Dara Mac Donaill

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

Eason recorded a 1% like-for-like increase in book volumes in the six weeks of Christmas trading in the Republic. Photograph: Dara Mac Donaill

Eason saw growth in both volume and value terms in the Republic last year

The iconic Eason store on O’Connell Street   is among the 13 stores the company plans to sell. Photograph:  Dara Mac Donaill

Move designed to release capital for shareholders and provide €20m for retail business

Danny McCoy, chief executive of Ibec, at its offices on Baggot Street, Dublin this week. Photograph: Alan Betson

CEO wants to expand organisation overseas as business becomes more ‘internationalised’

The newly-refurbished Lidl store on Fortunestown Lane in Tallaght which opens on Thursday. Photograph: Dara Mac Donaill

German discounter intends to add over 40 stores in Republic within five to seven years

Columnists Fintan O’Toole, Una Mullally and David McWilliams perform “extremely well” among Irish and UK listeners

Dublin firm that narrates written articles on course to raise €800,000 by end of year

AA Ireland’s  operating profit increased by 15 per cent to €15.1 million at the end of 2017.  Photograph: Dara Mac Dónaill

AA Ireland achieved 50 per cent growth in travel insurance customers last year to more than 45,000

Shelbourne Hotel  general manager JP Kavanagh outside the landmark Dublin hotel. Photograph: Dara Mac Dónaill

In a bumper year for the Dublin hotel its new general manager isn’t resting on his laurels

Johnson Hana founder Dan Fox. Photograph

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

“We have to be proactive.” Fergal Leamy of Coillte. Photograph: Nick Bradshaw

Semi-state body concerned hard Brexit could lead to long customs delays at British ports

PTSB has increased its new lending from under €600 million in 2016 to more than €1 billion. Photograph: Alan Betson

Mark Coan had mandate to help bank transform commercial performance

Irish property developer Johnny Ronan.   Photograph: Bryan O’Brien / THE IRISH TIMES

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

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

Striking pilots at Ryanair in Ireland have accepted a proposal from the airline for leading industrial relations negotiator Kieran Mulvey to act as a mediator between the parties. Photograph: Dara Mac Dónaill / The Irish Times

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

 Connacht players Jarrad Butler (left), Tiernan O’Halloran and Kieran Marmion with Alan Durcan, Bank of Ireland’s provincial director for Connacht.

The bank is now a sponsor of all four Irish rugby provinces

Businessman Richard Barrett, right, is a backer of Relm Finance.

Non-bank lender provides loans for commercial and residential investment property over five-year terms

The Chelsea starting team pose for a photograph before the International Champions Cup game against Arsenal at the Aviva Stadium. Photograph: Charles McQuillan/Getty Images

Matt Higgins brought Arsenal and Chelsea to Dublin last week as part of pre-season event

Applegreen’s capitalisation was just north of €550 million before the mega deal with Welcome Break took the markets by surprise on Thursday. Photograph: Cyril Byrne

Irish forecourt operator plans to spend €361m acquiring a majority stake in UK rival

FBD chief executive Fiona Muldoon: share price was trading at €10.40 in Dublin on Thursday. Photograph: Eric Luke

Canadian financial group has a €70m bond it can convert into shares by March 2019

Ryanair chief executive Michael O’Leary. Photograph: Nick Bradshaw

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

John Malone, chairman, Liberty Group was one of the first international investors to take a punt on Ireland after the economy collapsed in 2008. Photograph: Dave Meehan/The Irish Times

International investor talks about his assets in Ireland, Netflix, Trump, and succession plans

Soda founder Grace Gould at Brown Thomas in Grafton Street. Photograph: Cyril Byrne.

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

Lidl is one of the Republic’s biggest grocery chains, with a market share of 11.7 per cent. Photograph: Matt Kavanagh

Two-year programme being offered through Ulster University and Irish Times Training

Minister for Communication Denis Naughten who has been urged to beef up the resources and powers of telco regulator ComReg. Photograph: Cyril Byrne / THE IRISH TIMES

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

Tesco UK executive Kari Daniels joined the company in 2002, having previously worked for Superdrug, Wella, SC Johnson Wax and Burton Group

Daniels is Tesco’s commercial director of packaged foods in the UK

The Minister for Finance Paschal Donohoe holding a press conference on Thursday on the 2018 mid-year expenditure report.   Photograph: Nick Bradshaw for The Irish Times

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

Steven Ciobo, Australia’s minister for trade

Steven Ciobo says Australia wants a ‘high-quality’ free trade deal with the EU

A computer-generated image of the new Hard Rock Hotel, which Tifco plans to open  in Dublin in 2020.

Irish hotel group plans to open a 120-bedroom, four-star hotel on Lord Edward Street

Ryanair’s chief operations officer Peter Bellew (left) and chief people officer Eddie Wilson, who has asked pilots to postpone an “unnecessary” strike scheduled for Friday. File photograph: Collins

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

Sherry Fitz’s chief executive Steven McKenna said the deal provided the group with the “opportunity to back our ambitious plans to continue developing our core business”

More than 100 staff to be affected by the transaction

Graeme Souness, who will front Virgin Media’s coverage of the Uefa Champions League and Europa League from September. Photograph: Brian McEvoy

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

An interior shot of Eir’s head office at Heuston South Quarter, showing staff gathering for the launch of the Eir brand in 2015. Photograph: Eric Luke

Move is latest cost-cutting initiative since Eir was taken over by two firms controlled by French billionaire Xavier Niel

Graeme Souness and Sinéad Kissane pictured at a recent event to announce the rebrand of TV3 to Virgin Media. Photograph: Brian McEvoy

Existing TV customers will get free access to new channel, which has Champions League

An aerial view of the Ballsbridge site that is being developed as a high-end office complex by Ronan Group Real Estate.

Siobhán Quinlan and Johnny Ronan own site worth €120m

The Irish Times has completed the acquisition of all of the publishing and media interests of the Cork-based Landmark Media group, which owns the Irish Examiner newspaper and other titles. Photograph: Dara Mac Dónaill

Media group owns ‘Evening Echo’, local newspapers and has stakes in radio stations

The newly-restored Stella Theatre in Rathmines, which is part of the Press Up Entertainment group that is eyeing a stock market IPO and expansion into the UK. Photograph: Bryan O’Brien

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

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

Cisco chief executive Chuck Robbins tests out his hurling skills on a visit to Croke Park this week.

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

Chuck Robbins in Croke Park this week. He  got to swing a hurley on the hallowed turf.

Robbins speaks on Trump, cybersecurity, gender balance, robots and why Cisco is not in Ireland for the low tax rate

Cisco office in Oranmore, Co Galway. Photograph: Joe O’Shaughnessy

Global chief Chuck Robbins also pledges to help accelerate pace of digitisation in State

The Minister for Finance Paschal Donohoe is mulling a change to the 1 per cent level of stamp duty on share trading in Budget 2019. Photograph: Tom Honan.

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

An interior shot of Smith & Wollensky’s restaurant in London, its only international property

American steakhouse chain has opened in Boston suburb and plans to add a return to Las Vegas next year

Fernbank, a Park Developments project.

Property group has arranged refinancing deal with AIB and Bank of Ireland

Craig James, chairman of the Prepaid International Forum (PIF), welcomed the proposed legislation  as Ireland moves to strengthen consumer protection around the operation of gift card products.

Disclosure of terms and conditions would also be mandatory

Minister for Finance Paschal Donohoe has much to ponder as he seeks to frame Budget 2019.  Photograph: Tom Honan.

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

David Duffy, chief executive of CYBG in the UK and a former chief executive of AIB  Photograph: Bloomberg

David Duffy says timing would be down to investor appetite for AIB shares

iCabbi’s leadership team: Business development director Niall Prenty, back row left, Michael Tope, managing director, technical director and co-founder Niall O’Callaghan, front left, Gavan Walsh, co-founder chief executive, and Bob Nixon, sales director and co-founder. Photograph: Conor McCabe

Dublin-based iCabbi provides cloud-based dispatch tools for taxi companies and private hire operators

Taoiseach Leo Varadkar at the announcement by Amazon Web Services of its plan to add 1,000 new jobs in Dublin over the next two years. Photograph: Gareth Chaney Collins

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

United Airlines has carried 3.5 million passengers to the United States on its various Dublin routes, plus 1.9 million from Shannon.

Some 5.4 million have flown from Dublin and Shannon to US with United since 1998

Teeling Whiskey founder and MD Jack Teeling, left, with Niall Gibbons, CEO Tourism Ireland, and Stephen Teeling, sales and marketing director at its distillery in the Liberties. Photograph: Robbie Reynolds

Tours of Dublin distillery generate about €9m in revenue for Irish whiskey maker

Photograph: iStock

Five jobs will go at Irish operation as unit is integrated more with UK business

People take a picture front of a banner Zabivaka, the official mascot for the 2018 FIFA World Cup, in Saransk on June 11th, ahead of the Russia 2018 World Cup. Photograph: AFP PHOTO / Juan BARRETO /Getty Images

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

Mickey O’Rourke’s Premier Sports will have the rights to show 33 live Saturday afternoon games.  Photograph: PA Wire

Mickey O’Rourke’s Premier Sports expected to hold talks with Sky, Virgin and other platforms

Ibec chief executive Danny McCoy. The Irish business representative group was among the most active lobbyists in the EU in 2017. Photograph: Eric Luke

Irish body third biggest spender on lobbying in EU, behind two groups in Germany

A Donnybrook Fair store. A potential deal for the chain would represent the most ambitious strategic move yet by Dunnes to build its presence into the upscale food retailing sector. Photograph: Frank Miller

Group is in advanced talks about potential acquisition of the chain

American fashion brand Tommy Hilfiger uses “wifi tracking” to monitor the number of people that look at a window display and then go into a shop. Photograph: Cyril Byrne

Methods include Hilfiger’s use of ‘wifi tracking’ to monitor ‘window display conversion’

Co-founders of Cullaun Capital:  head of portfolio management Noel Ross; chief executive Stephen Bell;  and head of origination Daire McCarthy. Photograph: Chris Bellew

US-based TSSP has majority share in fund planning thousands of homes by 2021

Con Horan, a former senior official with the Central Bank of Ireland. Photo: David Sleator/The Irish Times

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

Facebook: Mark Zuckerberg “is still only a kid”, says Alan Rusbridger. “How could he possibly understand what it is that he’s launched?” Photograph: Dado Ruvic/Reuters

Governments should encourage firms to be more open, former ‘Guardian’ editor says

Tetrarch co-owns and manages a broad range of assets, including the Mount Juliet hotel and golf resort in Co Kilkenny.

Irish investment group IPO expected to seek up to €300m with Dublin and London listing

ILIM is believed to have paid more than €100 million for the Fernbank scheme, which is situated on land formerly owned by Notre Dame school in Churchtown.

More than 1,000 people registered interest in €100m Churchtown development

Horses pictured at the site in Derrydonnell near Athenry in Galway where Apple had planned to build an €850 million data centre. Photograph: Aidan Crawley

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

Central Bank governor Philip Lane: considering all possible angles, including potential individual culpability. Photograph: Nick Bradshaw

Inquiry into overcharging for bank loans ‘extensive and complex’, says Philip Lane

‘We survived by losing money, which we saw as an investment and the right thing to do,’ Mark Fitzgerald on how estate agent Sherry Fitzgerald survived the recession. Photograph Nick Bradshaw/The Irish Times

Co-founder of Sherry FitzGerald, and winner of The Irish Times Distinguished Leader in Business award, on recession, recovery, exp(...)

Dublin camogie chairwoman Jenny Byrne, left, Dublin GAA CEO John Costello,   Declan O’Rourke AIG, Dublin Ladies Gaelic Football Association secretary Mary O’Connor, and Dublin county board vice-chairman Mick Seavers.

American insurer will sponsor Dublin teams in football, hurling and camogie to 2023

The Parlor at the new four-star North Star Hotel in Dublin 1.

Bank of Ireland provided €124 million in lending to the hotel sector last year

Businessman Denis O Brien has taken delivery of a new $70 million corporate jet. Photograph: Cyril Byrne / THE IRISH TIMES

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

France’s Minister for the Economy and Finance Bruno Le Maire speaks next to German finance minister Olaf Scholz during a news conference at the informal Ecofin meeting of EU finance ministers in Sofia, Bulgaria on April 28th. Photograph: Nikolay Doychinov

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

Uniphar chief executive  Ger Rabbette and chairman Maurice Pratt: Uniphar has spent more than €150 million on seven acquisitions since 2012 as it reshaped its business model, and expanded its footprint. Photograph: Dara Mac Donaill

Buying Sisk brings Maurice Pratt and Ger Rabbette closer to pan-European goal

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

UK property group confirms it is in running to develop €1bn new urban quarter in Dublin

Uniphar chairman Maurice Pratt.  Photograph: Aidan Crawley

Deal is Uniphar’s fourth in 12 months as it seeks growth across Europe

An Post: under new plan, all post offices will open during lunch time. Photograph: Bryan O’Brien

Post office within 15km of every community with 500 pledged and within 3km in cities

Cairn Homes chief executive Michael Stanley, who is set to benefit from the company’s multi-million euro founder share scheme. Photograph: Cyril Byrne / THE IRISH TIMES

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

Britvic Ireland managing director  Kevin Donnelly pictured in Ballyfermot. Photograph: Cyril Byrne

‘I don’t envisage a day in next 20 years where sugar is eliminated from soft drinks market’

Ireland’s Ed Joyce keeps his eye on the ball at Malahide last year Photograph: INPHO

Inside Business podcast: Sporting body expects to generate €580,000 in match income and €1.8m in broadcasting fees this year

Bank of Ireland chief executive Francesca McDonagh. Photograph: Dara Mac Donaill / The Irish Times

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

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

Independent News and Media offices on Talbot Street. File photograph: Dara Mac Dónaill/The Irish Times

Head of corporate regulator wants High Court to appoint inspectors to investigate

Launching the Knowledge Transfer Ireland (KTI) Impact Awards were Dr Alison Campbell, director of KTI, and Julie Spillane, director, The Dock, Accenture. Photograph: Marc O’Sullivan

Some 15 groups chosen as finalists in Knowledge Transfer Ireland Impact Awards

Robert Pitt (L), the former chief executive of INM,   walks past then chairman Leslie Buckley at INM’s AGM in Dublin last year. Photograph: Dara Mac Dónaill/The Irish Times

ODCE’s decision to seek appointment of inspector at the High Court is latest twist in INM’s corporate woes

Bank of Ireland chief executive Francesca McDonagh, who is planning to streamline its management ranks in a bid to cut costs. Photograph: Dara Mac Donaill / The Irish Times

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

INM chief executive Michael Doorly is expected to lead the presentations to staff on Tuesday. Photograph: Dara Mac Dónaill

Media group’s shares fall 5 per cent on news of ODCE move to appoint inspectors

A front elevation of Khyber Lodge on Nerano Road in Dalkey, Co Dublin, which Bank of Ireland chief executive Francesca McDonagh has agreed to buy. Photograph: Nick Bradshaw

Francesca McDonagh goes ‘sale agreed’ on Nerano Road property with asking price of €1.95m

Aisling Hassell, the head of Airbnb in Ireland: “I would hope we would replicate the success of Google, which now has about 7,000 people in Ireland, and Facebook, which has about 6,000.” Photograph: Alan Betson

Increase in Dublin workforce based on expected growth of Airbnb in EMEA region

Aisling Hassell: the average income earned by an Airbnb host in Ireland is €3,500. Photograph: Alan Betson

Aisling Hassell talks about Dublin’s housing shortages, gender balance and company values

The newly-restored Stella Theatre in Rathmines, Dublin, which is part of the Press Up hospitality group.  Photograph: Bryan O’Brien  / THE IRISH TIMES

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

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