US president Joe Biden speaking after being sworn in as the 46th president of the US during his inauguration in Washington, DC,  on January 20th. Photograph: EPA/Jonathan Ernst

Agenda: From tax to regulation of big tech Irish economy will be affected by White House decisions

A woman walks past the tent of a homeless person on Grafton Street in Dublin during lockdown. Photograph: Niall Carson/PA Wire

Opinion: Businesses must prepare for lengthy period of restrictions and tightened border rules

IDA Ireland CEO Martin Shanahan: the report  warns of an emerging concentration risk in targeting too many US companies in too few sectors. File photograph: Chris Bellew/Fennell

Report for IDA Ireland praises overall FDI strategy but warns of ‘concentration risk’

Hidden Hearing also plans to “beef up” its digital operations in Ireland

Danish-owned healthcare group to expand services such as mobile ear-wax removal clinics

In Dublin,  shares of Ryanair fell 3.1 per cent to close at €15.30. Photograph: Andy Rain/EPA

Trading subdued across Europe due to US shutdown for Martin Luther King jnr Day

File photo. Cut diamonds

Covid slump at Mountain Province Diamond eased with bailout by businessman

Holiday company TUI gained 5% after it said the vaccination campaign in Britain had boosted summer bookings from those aged 50 and over. Photograph: Colin Ziemer/New York Stock Exchange via AP

Vaccine rollout lifts prospects for travel stocks on a good day for tech

Twitter account of US President Donald Trump is displayed on a mobile phone. Photograph: Olivier Douliery / AFP Getty Images

Activist US corporations have become too big for Ireland to handle

Bord Bia chief executive Tara McCarthy warned the extra costs and complexities of trade with the UK post-Brexit are likely to cause significant challenges.

Drinks manufacturing sector responds with call for new plan to ‘really’ live with Covid

Valeo chief executive Seamus Kearney: “We expect to further grow our European business unit.” Photograph:  Chris Bellew /Fennells

Acquisition of Schluckwerder is Irish group’s 18th buyout in 10 years

Joe.ie was formerly part of the Maximum Media group founded by Niall McGarry

Staff at ex-Maximum Media websites Joe.ie and Her.ie told at weekend of CEO’s exit

An AIB branch in Dublin’s city centre. AIB is one of four Irish banks seeking to launch a new digital payments service. Photograph: Jason Cairnduff/Reuters

Bank of Ireland, AIB, Permanent TSB and the Irish arm of Belgian bank KBC have come together to set up Syntech Payments to launch (...)

 Shoppers on Henry Street, in Dublin city the last Sunday before Christmas. Photograph: Dara Mac Dónaill

Spending on the digital platform rose 6% in December compared to a year ago

Report notes job creation in construction was at an 18-month high in December. Photograph: Getty

Ulster Bank PMI suggests some builders stockpiled materials ahead of Brexit

INM plans to change its name to Mediahuis Ireland this year. Photograph: Fran Veale

Media group says it is not in a position to file defence in case taken by two members of INM-19

Some publicans are arguing that their policies should have covered them for pandemics, a claim that FBD denies. Photograph: iStock

Insurer’s ‘goodwill gesure’ comes following row with publicans over Covid-19 coverage

Chief medical officer Tony Holohan. Photograph: Colin Keegan/Collins

Confident assertions about role of hospitality and mutation being driven by anecdote

Wall Street hit record levels as market participants bet on more coronavirus relief aid under a Democrat-controlled Congress. Photograph: Angela Weiss/AFP

Irish index pulled higher by strong performance from CRH

Leo Varadkar: he  said he knew businesses wanted certainty, which he could not offer, so the best thing for them to do was to plan “that this will be a three-month period”. Photograph: Gareth Chaney/Collins

Business groups react with air of resignation

Group CEO at Valeo Foods Seamus Kearney: since it was formed in 2010, Valeo has been on an acquisitions spree

Dublin-based group sees ‘positive’ impact on sales of pasta, flour and canned goods as consumers splurge on groceries and bake at (...)

‘The time has come for all of us to accept that we are in crisis mode and strain with every sinew to once again crush the curve of infection and protect the health and lives of those around us.’ Photograph: iStock

Those of us who support protecting the economy must accept it has to take a backseat until upsurge is contained

The sector with the most buyout activity was telecoms and IT, with almost a quarter of all deals by volume. Photograph: iStock

Disclosed value of deals falls by more than half in 2020 to €8.5 billion, says Investec

Many in the retail sector had expected to face another closure after Christmas but not this soon, according to Retail Excellence deputy chairwoman Jean McCabe. Photograph: Brian Lawless/PA Wire

Move comes days after Government said sector was not a major virus contributor

The pan-European Stoxx 600 edged 0.3%  lower but is still close to a 10-month high. Photograph: Getty Images

Iseq index in Dublin drops almost 0.3% on extremely thin trading volumes

John O Brien, manager of Doheny & Nesbitts on Dublin’s Lower Baggot Street, preparing to reopen the pub last June. Photograph: Gareth Chaney/Collins

Vaccines offer hope for 2021, especially for those businesses in the sector that can hold out

The breadth of Laurence Crowley’s business experience meant he became one of the most sought-after directors in corporate Ireland.  Photographer: Dara Mac Donaill

Former Bank of Ireland governor had lengthy business career

Norbrook said there is “robustness” in the demand for its products, and it does not expect Covid-19 to have a significant effect on the company. Photograph: iStock

Company founded by the late Edward Haughey planning for a no-deal Brexit

It’s All Good is a major supplier of private label tortillas to supermarkets.  Photograph: iStock

Deal for It’s All Good is the Irish group’s 17th acquisition since 2010

‘Closing again is so difficult for the staff to accept,’ says Eimear Killian, the general manager of Brasserie on the Corner and Blake’s Bar in Galway. Photograph: iStock

Operators say they are ‘exhausted’ by opening and closing and want new approach

It is believed that, in addition to his annual fee, Paddy McKillen also has a stake in any future uplift in the Maybourne group’s value. Photograph: Yui Mok/PA Wire

Property developer received management fee from companies controlled by emir of Qatar

 Yamamori restaurant on Dublin’s South Great George’s Street, closed during April 2020. File photograph: Gareth Chaney/Collins

Government expected to announce that indoor dining to shut for six weeks

Fáilte Ireland will try to drum up interest from the domestic tourism market. File photograph: Bryan O’Brien/The Irish Times

Preparations ongoing for potential reopening of inbound tourism market in bid to save next summer

 Grafton Street:  Christmas shoppers turn out in large numbers  on the first Saturday following the end of the second lockdown. Photograph: Dara Mac Dónaill

Caveat: Irish consumers resilient in making purchases throughout trauma of pandemic

A snowy Wall Street on Thursday.  Photograph: Bloomberg

Kingspan plunged 12% after company announces retirement of head of insulation boards business

Creevy pier in Co Donegal, part  on the Wild Atlantic Way. It is envisaged that younger travellers, tourists who have visited Ireland before, and people visiting Irish friends and relatives will be among the first to come back

Tourism Ireland plans ‘press the green button’ campaign to convince foreign visitors to return as soon as it is safe

Ibec is forecasting that consumer spending will grow 15.1%  in 2021 compared to pandemic-hit 2020. Photograph: PA Wire

It says exports and consumer spending due to the release of ‘SSIA levels’ of savings will be the two pillars for 2021 growth

Horse trekking in Sligo involving the Island View Riding Stables, against the backdrop of Benbulben

Adventure tourism businesses not eligible, despite State support for outdoor exercise

Eir headquarters. Photograph: Alan Betson

Comreg must be given powers to hound Eir over diabolical customer service

Developer Johnny Ronan. Just over half of Ardquade’s €21 million turnover last year came from rents paid to it, while the rest came from management fees and other charges.

Company banked profit last year of €4.1 million from income of about €21 million

DMG owes €3.4m in tax, with a further €5.7m in interest and penalties.

DMG Energy, with directors including Armagh man Damien McGleenan, in liquidation since 2013

The Irish market for menthol cigarettes was estimated to be worth €250 million before the ban.

European Commission says it is up to each country to investigate compliance

The K Club was bought from previous owner Michael Smurfit by nursing homes investor Michael Fetherston for about €65 million in February. Photograph: Alan Betson/The Irish Times

Michael Fetherston seeks planning permission for new ballroom at 5-star golf resort

Shabra Plastics, run by prominent Monaghan businesswoman Rita Shah, also named

Automattic, valued at $3 billion,  was founded by Texan tech millionaire Matt Mullenweg.

Dublin-registered Automattic spent €51m on R&D last year

DIY and home improvement stores have witnessed a mini-boom  as  consumers spent to decorate their homes instead of splashing out on holidays in 2020. Photograph: Paul Faith/PA Wire

Retailer is first in Ireland to pay back local authority rates waived as part of Covid relief

European stocks retreated as concern over the possible collapse of Brexit trade-deal talks weighed on sentiment. Photograph: Alex Kraus/Bloomberg

Investors worry over potential trade restrictions as negotiations remain deadlocked

Dublin-registered Kellogg Europe Trading  received a €17 million tax credit after it racked up heavy losses due to interest charged on loans from other Kellogg companies, including its parent in Luxembourg.

Cereal group’s sales from UK and Europe flow through operation beside Dublin Airport

Consumer spending actually grew by 1 per cent in November compared to the same month last year, Revolut data shows. Photograph:  Tom Honan

November spending data shows total spending on its platform rose 1% despite lockdown

The Johnny Ronan site on the corner of Tara Street and the quays. Photograph Nick Bradshaw

A year ago they were springing up like daffodils. Covid-19 hit like a dose of Roundup

In October 55.8 million contactless payments accounted for almost half of all card payments.

Figures show contactless card payments dropped to lowest level since June

Digicel, the Caribbean telecoms group controlled by Denis O’Brien, has extended the early sign-up deadline for its offer to buy back a tranche of bonds. Photograph:  Ken Cedeno/ Digital/ Corbis via Getty Images

Move signifies determination of Caribbean telecoms group to get creditors to sign up

 Ryanair was one of the heavyweights lifting the Irish stock market on Friday, with its shares jumping 5.1%. Photograph:  Getty Images

Poor jobs numbers in US weigh on Wall Street but bolster hopes for stimulus

Infectious disease specialist  Prof Sam McConkey was criticised in many quarters for his perceived negativity when he urged caution on the Pfizer and Moderna vaccines. File photograph: Getty

Whether on efficacy of vaccines or economic management, dissent can show its worth

About one-third of the taxis signed up so far for Bolt’s Dublin service are  electric or hybrid vehicles. Photograph: Eric Luke / The Irish Times

Bolt was set up seven years ago by a 19-year old Estonian student and is now worth €1.7bn

About 18,320 new hotel rooms are in the planning system. Photograph: Nick Bradshaw

Hospitality industry webinar hears that recently booming market has now ‘stalled’

It was the Stoxx Europe 600 Index’s biggest monthly gain on record on the prospect of easing coronavirus restrictions and hopes for a Covid-19 vaccine. Photograph: iStock

Dalata among the gainers on Iseq while Providence Resources and AIB fall

Zara store on Henry Street, Dublin. File photograph: Frank Miller/The Irish Times

Inditex was planning to expand its network of 24 retail outlets before cornavirus hit hard

Just 22 of the 9,062 Irish virus clusters identified so far have been attributed to public houses. Photograph: iStock

Caveat: Does the virus have an alcohol problem or is it the other way round?

Elephant & Castle, Temple Bar, is owned by Press Up

Hospitality group is suing Government for compensation over shutdown of its sector

Sia estimates that the ongoing Level 5 period, due to end on December 1st, will cut Irish carbon emissions by 13%. Photograph: Clodagh Kilcoyne/Reuters

Sia estimates the Level 5 period will cut Irish carbon emissions by 13% whereas the first lockdown cut emissions by 27%

In the US, the S&P 500 and the Dow slipped as a surge in coronavirus cases threatened to derail a fragile economic recovery. Photograph: Angela Weiss/AFP

Iseq moves into positive territory on upbeat corporate news

Best Menswear managing director John Smith, with online orders ready for dispatch from the company’s Jervis Shopping Centre store. Photograph: Nick Bradshaw

Agenda: Pandemic restrictions have propelled many shops into setting out their stalls digitally

Tánaiste Leo Varadkar was critical of chief medical officer Tony Holohan and the National Public Health Emergency Team’s call for Level 5 restrictions at the start of October. Image: Screenshot from RTÉ

Caveat: Tánaiste’s concern about what happens if lockdown doesn’t work proving valid

Leo Crawford, Group CEO, BWG Group, outside the relaunched SPAR Millennium Walkway store in Dublin City Centre.

South African group will assume full control of BWG in January

Christmas shopping past: Grafton Street in 2017. Reopening  shops would take tens of thousands off the pandemic unemployment payment. Photograph: Tom Honan

Caveat: Policymakers still don’t seem to know which restrictions combat virus rates

Engineering company Rolls-Royce Holdings tumbled 8.6 per cent in London as it raised £2 billion from a rights issue. Photograph: PA Wire

Surge in European shares ends as economic reality of a Covid-19 second wave sets in

The report claims workers could inject €2.6 billion into the economy. Assuming a conservative 1.5 times “multiplier effect”, the full stimulus would be €3.9 billion.

One4All firm proposes €2,000 wages go in tax-free vouchers to boost shops and hospitality

The dispute is the second rent disagreement Eason has had with a Galway landlord in recent months. File photograph: Nick Bradshaw/The Irish Times

Coronavirus-related dispute latest rent conflict in retail sector rife with such discord

Independent News and Media was bought by Belgian group Mediahuis last July. Photograph: Dara Mac Dónaill

Accounts suggest new owners spent almost €25m to shut down its printing plant

DCC chief executive Donal Murphy

Six months to end of September saw drop in demand for some sectors due to restrictions

Associated British Foods, the owner of the Irish-headquartered discount fashion chain Penneys/Primark, was up by almost 17 per cent in early afternoon trading.

Iseq index witnesses huge jump as Ryanair climbs 14%

A photo of Taoiseach Micheál Martin is seen at the locked entrance to a pub in Dublin’s city centre.  Photograph: Brian Lawless/PA Wire

It’s time to discuss a new strategic approach that doesn’t require trashing society and the economy

Frank Fitzgibbon: 15 years ‘a long time to put out a weekly newspaper’

Veteran journalist says ‘fun has gone out of the business’

Businessman Declan Ganley: CNN reported that Republican strategist Karl Rove, an investor in Mr Ganley’s company, is behind the alleged White House attempt to give the contract to Rivada. Photograph: Brenda Fitzsimons

Galway businessman says he is not seeking Pentagon ‘sweetheart’ deal

Social distance queuing: Supermarkets are better prepared for lockdown this time.

Chains have been quietly ramping up preparations for winter since mid summer

Leslie Buckley, former chairman at the Independent News & Media. Photograph: Dara Mac Dónaill

Investigators send schedule of Leslie Buckley communications with Denis O’Brien

AIB finished the session down by 2.75 per cent to 92 cent per share, while Bank of Ireland fell 1.1 per cent to €1.83

Ryanair regains some lost ground as banks perform poorly

According to Daft, there were fewer than 18,000 residential properties for sale in the Republic on October 1st, down by a third on the same date last year. Photograph: Chris Ratcliffe/Bloomberg

House asking prices climbed by close to 5% in summer despite Covid-19, reports Daft.ie

Figures from major Irish retailers suggest their workers are not being infected with coronavirus at a higher rate than the general population. File photograph: Alan Weller/Bloomberg via Getty Images

Data indicates retail workers are not being infected at higher rate than general public

Shamrock Rovers: shareholders’ funds have gone from a near €1.3 million deficit to a €1.34 million surplus. Photograph: INPHO/Ryan Byrne

Accounts show Tallaght football club’s finances steadied with businessman’s stake

Gordon Lawlor, CEO of Circle K, says forecourts will  drive retail footfall by installing services such as off-licences,  parcel pick-ups and washing machines. ‘You will see forecourts continually expanding the range of stuff they sell.’ Photograph: Dara Mac Dónaill

Gordon Lawlor is in charge of the country’s largest chain of fuel retailers at a particularly tricky time

Leslie Buckley, former chairman of Independent News & Media. Photograph: Dara Mac Dónaill

Court documents say former chairman Leslie Buckley kept top shareholder informed

 Minister for Tourism Catherine Martin: deserves credit.   Photograph: Leon Farrell / Photocall Ireland

Reduction in VAT from 13.5 per cent to 9 per cent is to help businesses, not consumers

People  eating outdoors in Phibsborough, Dublin. Photograph: Tom Honan

Hoteliers and restaurateurs say the measures give them a fighting chance of survival

Music promoter Shane Dunne, left, and venue owner Ger Kiely pictured in Cyprus Avenue, Caroline Street in Cork. Photograph: Daragh Mc Sweeney/Provision

Shane Dunne, owner of the Indiependence music festival

Businesses in the hospitality sector will be able to apply for government assistance on lost earnings over a set amount

Budget 2021: Tourism businesses will also receive extra supports through Fáilte Ireland

Wall Street’s main indexes rose on hopes of more federal fiscal aid and growing expectations of a Democratic victory in next month’s presidential election. Photograph: Getty

Iseq lags European peers, but closes marginally ahead

Hotels across the Republic are predicting steep slides in occupancy for November and December, according to the Irish Hotels Federation. File photograph: Getty

Hotels across State predicting steep dip in for November and December, says lobby group

 Dr Tony Holohan (centre): his ‘pseudo row’ this week with Tánaiste Leo Varadkar  was not – as some have argued – a dangerous distraction. It was a healthy exchange. Photograph: Colin Keegan, Collins Dublin

Face-off on restrictions between Varadkar and Holohan this week was healthy for the debate

 An empty Temple Bar in Dublin at midday on Tuesday. Photograph: Dara Mac Dónaill

Average lockdown reopening cost for restaurants was €17,200, research finds

Following on from the smash-hit Vikings (above), Valhalla is set 100 years later towards the end of the era and will dramatise the lives of historical characters such as Norse explorer, Leif Eriksson, and William the Conqueror.

About a dozen crew and cast members returned false positive results for Covid-19

Irish food exports to the UK are currently worth €4.5 billion, about a third of all Irish food exports. Photograph: iStock

Business group flags ‘serious economic disruption’

Tullow Oil finished ahead by 7.5 per cent to 19 cents per share, as explorers rose on the back of a surge in oil prices.

Markets report: Iseq gains slightly as uncertainty hovers over jobs market

Leslie Buckley: in court filings, he says he has ‘no responsibility in law’ for actions regarding an alleged data breach at INM as he is ‘indemnified’ by the group as its executive chairman at the time. Photograph: Nick Bradshaw

Former INM director claims in defence documents he had full authority as its executive chairman

Checking property prices: the virus-ravaged private construction market is in no fit state to fix the housing crisis, so the State should step in to build instead. Photograph: Aidan Crawley/Bloomberg

Caveat: The pandemic should not distract from issues that could dwarf it later on

Oil stocks slumped as crude prices dropped more than 5 per cent. Photograph: AFP via Getty

Iseq up close to 0.3% on stronger banks as Cairn Homes rises on stromg demand for housing

The Myhome statistics showed that asking prices were up on an annual basis in 19 counties in the third quarter, including Dublin and most of the western seaboard, down in five counties, including Monaghan with an 8.3 per cent drop, and flat in Meath and Kildare.

Property website recorded its busiest month ever for traffic in July

The Economic and Social Research Institute  predicts that in the short term, as State pandemic income supports are unwound, demand will decrease in the housing market. Photograph: Jason Alden/Bloomberg

Once pandemic ends, elevated savings could potentially cause ‘a surge’ in demand for housing

Minister for Finance Paschal Donohoe said economic conditions this year were ‘exceptionally difficult’. Photograph: Gareth Chaney/Collins

Export sector still strong but Department of Finance predicts slower growth

US golfer John Catlin on the 18th on his way to winning the Irish Open at Galgorm Castle Golf Club, Ballymena. The tournament is used annually to showcase Ireland as a golf tourism destination. Photograph: Brian Lawless/PA

Pandemic and quarantine rules bring revenues to ‘near zero’ with no staycation bounce

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