New Zealand’s Prime Minister Jacinda Ardern smiles as she attends the World Economic Forum in Davos last month. Her government has announced plans to tax revenue earned by tech giants like Google, Facebook and Amazon. Photograph: REUTERS/Arnd Wiegmann/File Photo

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

Irish retail sales were up but footfall was down in the final quarter of last year, according to data from Retail Ireland. Photograph: AP Photo/Kirsty Wigglesworth

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

EU campaigners waving the EU and UK flags outside parliament in London last month. Photograph: EPA/ANDY RAIN

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

An Post’s new branding will be rolled out over three years, across staff uniforms, delivery trucks and shop fascias

State-owned company adopts a new bright green and updated symbols for branding

East Coast Bakehouse co-founders Alison Cowzer and Michael Carey. Photograph: Jason Clarke

Irish biscuit maker stockpiles ingredients as contingency measure against no-deal Brexit

Ryanair chief executive Michael O’Leary has committed to the airline for another five years but will  take on a new group role as part of a restructuring of its operations.  Photograph: Jonathan Brady/PA Wire

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

 Capital Dock on  Sir John Rogerson’s Quay: Spread over 22 floors and 700,000sq ft, the block occupies a prime corner of Dublin’s south docklands. Photograph: Dara Mac Dónaill

US developer expects 60% of units will be let to foreign nationals working in docklands

Sinn Fein’s finance spokesman  Pearse Doherty has drafted a bill that would prevent banks here from selling a mortgage without the borrower’s consent.  Photograph: Gareth Chaney Collins

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

Mason Hayes & Curran managing partner Declan Black. Photograph: Eric Luke / The Irish Times

Dublin-based firm returned to growth and warns Brexit is major risk for Irish economy

Siobhan Talbot, chief executive   Glanbia Plc. Photograph: Aidan Crawley/Bloomberg

UK accounts for 3% of firm’s revenues and big slice of dairy, cheese joint ventures

Nama  was established in  2009 to take toxic property loans off the balance sheets of domestic banks. Photograph: Cyril Byrne

Agency due to wind down by 2021, but State will be left with ‘residual loan portfolio’

Al Gore, former US vice president and Climate Reality Project Chairman, naturalist Sir David Attenborough, and New Zealand’s prime minister Jacinda Ardern at the World Economic Forum in Davos, Switzerland on Tuesday. Photograph: REUTERS/Arnd Wiegmann

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

An armed member of the Swiss police watches from the snow-covered roof of the Hotel Davos ahead of the World Economic Forum in Davos, Switzerland  on Monday. World leaders, influential executives, bankers and policy makers are attending the 49th annual WEF meeting, which runs until January 25th.  Photographer: Simon Dawson/Bloomberg

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

 Eason in O’Connell Street, Dublin. The retailer’s chairman David Dilger said Eason had “delivered” on its financial targets for the year, both in terms of revenues and profits.  Photograph: Dara Mac Dónaill

Irish retailer’s chairman David Dilger says migration to online is happening at a ‘faster pace than anticipated’

Eason’s flagship store on O’Connell Street in Dublin, which is being sold by the retailer to fund the development of its retail business and to pay a dividend to shareholders. Photograph: Dara Mac Dónaill / The Irish Times

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

The St Margaret’s warehousing complex in north Dublin, which Eason has sold for €19m to Irish property fund Iput

First stage in property disposals that will free up €20m

The Intel facility at Leixlip, where Eirgrid is planning a €30 million-plus investment to boost power supply ahead of an expansion of the plant. Photograph: Dave Meehan/The Irish Times

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

Barnacles Hostel, Temple Bar, Dublin: the new owners have since signed a 25-year lease with the Irish hotel group Key Collection

Relm Finance has provided €6.5m for MM Capital’s acquisition of Barnacles Hostel

The former Clerys department store changed hands this year. Who are the new owners? Europa Capital-led consortium.

Winners get overnight accommodation in the Castlemartyr Resort, the Farnham Estate and a 12-month premium digital subscription to (...)

Bartenders pour blue cocktails through an ice sculpture at CES in Las Vegas on January 7th. Photograph: Rick Wilking/Reuters

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

Ibec chief executive Danny McCoy, who has warned of slowing growth in the Irish economy this year due to competitiveness constraints and Brexit uncertainties. Photograph: Alan Betson / The Irish Times

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

The former Clerys department store changed hands this year. Who are the new owners?

Win overnight accommodation in the Castlemartyr Resort or Farnham Estate, or a 12-month premium digital subscription to ’The Irish(...)

Lisney has offices in Dublin, Cork and Belfast and employs just over 100 staff

Irish estate agent sees turnover rise by €1m but profits fall due to increased costs

The number of accounts in arrears for more than 720 days declined by 199 over the quarter. Photograph: iStock

Central Bank says non-bank entities now hold 10 per cent of owner-occupied arrears

Rosslare and Waterford ports could take spillover traffic from Dublin Port, pictured above, in the event of a no-deal Brexit causing customs delays on goods crossing the Irish Sea. Photograph: Eric Luke.

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

Stephen Kavanagh, who is to step down as  Aer Lingus  chief executive at the end of the month. Photograph: Dara Mac Dónaill

Stephen Kavanagh to exit airline this month after 31 years with the Irish airline

Aer Lingus chief executive Stephen Kavanagh: “All that will be on offer will be the space and the comfort. We are not going to be reintroducing bespoke catering”.  Photograph: Dara Mac Dónaill

Airline will operate a business cabin on some of its busiest short-haul routes from second half of 2019

Minister for Finance Paschal Donohoe pictured at Government Buildings in advance of delivering Budget 2019. The ESRI has concluded that the budget will reduce incomes on average next year. Photograph: Dara Mac Dónaill / The Irish Times

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

Werner Hoyer, president of the European Investment Bank, said Brexit was ‘the most stupid decision since Caligula named his horse a consul’. Photograph: Dursun Aydemir/Getty Images

European Investment Bank announces funds but warns it will be hit hard by Brexit

Former Republic of Ireland assistant manager Roy Keane and Republic of Ireland manager Martin O’Neill

FAI finance chief says businessman paid ‘slightly more’ than half of the salaries of senior Irish team’s managers

Taoglas’s tax charge roughly quadrupled last year  to €1.4 million, which had the effect of reducing its after-tax profit by 20 per cent to just under €3 million.

Taoglas turnover up 29 per cent to €45m as operating profit rises 7.7per cent to €4.4m

An image of what the redeveloped Apollo House on Tara Street in Dublin would look like.

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

An image of Hibernia Reit’s proposed €100 million office block at Harcourt Square in central Dublin.

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

Revenues running at an annual rate of €5 million-€6 million at Bewley’s Cafe on Grafton Street, Dublin. Photograph: Alan Betson

Irish coffee group expects to return to profit in 2018 on strong underlying sales growth

Irishman Mickey O’Rourke pictured at his studio base in Dublin. His company Premier Sports has netted significant rights to show live Scottish cup football in the past week. Photograph: Eric Luke / The Irish Times

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

Livingston’s Steven Lawless vies with Celtic’s Kieran Tierney during a recent Ladbrokes Scottish Premiership match. Photograph: Graham Stuart/PA Wire.

Mickey O’Rourke’s Premier Sports secures exclusive rights to Betfred Cup for five years

Gareth Lambe, head of Facebook Ireland: has secured agreement to lease the 14-acre Bankcentre campus in Ballsbridge. Photograph: Dara Mac Dónaill

Gareth Lambe, head of Facebook Ireland, talks data breaches, hate speech and EU threats

Gareth Lambe, head of office for Facebook in Ireland: “It’s a great signal of our intent and commitment to Ireland.” Photograph: Dara Mac Dónaill

Social media giant will quadruple its Dublin office space at AIB’s Bankcentre site

Minister for Finance Paschal Donohoe has much to ponder as the European Commission, France and the Austrian presidency push for acceptance on an EU digital sales tax. Photograph: Nick Bradshaw

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

Paddy Cosgrave speaking to media about the Web Summit at its headquarters in Dartry, Dublin. Photograph: Dara Mac Dónaill / The Irish Times

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

Search Google Maps for a fuel service station in the inner city and you’ll get just two answers: the Circle K/Topaz station on Usher’s Quay, and the Top forecourt on Amiens Street. Photograph: iStock

Capital Ideas: Keep it alive by protecting shops, fuel stations and other essentials

Google employees stage a “women’s walkout” at their Googleplex offices in protest over the company’s handling of payouts to  managers who had allegedly engaged in sexual misconduct at the company in Mountain View, California. Photograph: REUTERS/Stephen Lam

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

 English National Ballet’s  ‘Giselle’ at the Bord Gáis Energy Theatre – one of the shows driving  a strong performance by the theatre this year. Photograph: Ian Gavan/Getty Images

Docklands theatre sees 2017 turnover rise to €8.4m at Crownway-owned venue

Sherry FitzGerald chief executive Steven McKenna. The number of new homes sold by the company almost doubled to 1,500, while the average price paid for all homes sold by the agent rose by 7% to €351,000. Photograph: Dara Mac Dónaill

Turnover at Ireland’s biggest estate agent rose 13% to more than €42m in 2017

A computer-generated image of the proposed extended Dawson Hotel and refurbished RIAC  in Dublin.

Authority queries plan to extend Dawson Hotel and refurbish private members club

The Doyle Collection hotel group invested €15 million in upgrading its hotels last year, mostly on the five-star Westbury in Dublin and its Bloomsbury property in London.

Westbury owner posts 5% rise in turnover to €142m with operating profit up 40% to €21m

Bernard Byrne: “I’m probably the longest-serving executive in Irish banking at this point in time. The attrition rate is pretty high.” Photograph: Julien Behal

Bank chief talks mortgage rates, share sales and executive bonuses

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

AIF logo

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

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