Mattel shares dropped 3.3%  – company said demand for its iconic Barbie doll was slowing.

In Dublin Datalex dips after new CFO quits and Kerry falls as Brexit stockpiling revealed

Brendan Smith, who was convicted in 2017 of bid-rigging in contracts won for the company he worked for, Aston Carpets & Flooring. Photograph: Collins Courts

Aston Carpets & Flooring and its director were convicted after co-conspirator turned

Juventus forward Cristiano Ronaldo celebrates after scoring in the Italian Serie A football match against Frosinone last Friday. Photograph: Marco Bertorello / AFP

Italian football club has spent heavily on players including Cristiano Ronaldo

Avoca managing director Tara O’Neill  in  the company’s new Ballsbridge foodie venture. Photograph:  Alan Betson

Outlet strikes a new note for Avoca as retailer nudges its food offering further upmarket

Amazon is one of the companies that Data Scape, which is backed by US and Irish investors, is suing.

Company taking multiple actions suing corporate giants for alleged patent breach

Ornua didn’t send Glanbia a Valentine, but it did send it a message: the Kerrygold owner launched a massive new digital advertising campaign reinforcing its “grass-fed” marketing claims.

Little love lost between Kerrygold producer Ornua and 25 per cent shareholder

In his letter, Kevin O’Connell complains he has become ‘the personification’ of all that went wrong, and suggests he is not wholly to blame. Photograph: Collins Courts

Kevin O’Connell asks for public hearing in 10-page letter to Oireachtas committee

A US citizen initiated a case against Ornua over its claims that Kerrygold is made from the milk of cows that are fed on grass.

US citizen had challenged claim that Kerrygold made with milk from cows fed on grass

Traders on the floor of the New York Stock Exchange.  Photograph: Michael Nagle/Bloomberg

Iseq in Dublin rose 1.2%, helped by good performances from some of its heavy hitters

Technicians at Intel’s manufacturing facility in Leixlip, Co Kildare. File photograph: Alan Betson/The Irish Times.

Planning document says firm would add 1,600 jobs to workforce if facility goes ahead

New Airbnb global head of transportation, Fred Reid, who most recently worked at the flying car company Kitty Hawk

Company cites ‘tremendous opportunities’ to make travel more enjoyable

The only one who seemed well-prepared and asked a succession of erudite, intelligent questions – and who seemed genuinely interested in the answers – was Sinn Féin senator Pádraig Mac Lochlainn (pictured, with microphone, in 2017). Photograph: Alan Betson

Caveat: Apathy (almost) all-consuming as Oireachtas committee considers the ODCE

Digicel said it had ‘always conducted its business in Haiti consistent with all applicable laws and regulations’.

Telecoms firm denies it is a ‘co-conspirator’ in ruse to divert funds meant for education

Former UK foreign minister on stage at the Pendulum event in Dublin.

Pendulum pays arch-Brexiteer €58,230 for being on stage for about 54 minutes

The proposed new Corporate Enforcement Authority will be able to decide its own staffing needs and hire specialists such as forensic accountants

Investigators will be able to access data in the cloud and on remote servers, say officials

The regulatory environment that surrounds businesses in the on-demand economy is often based upon principles and assumptions that no longer apply. Photograph: Nick Ansell/PA Wire

State needs broad principles applicable to regulation of on-demand economy

Bryan Cullen’s funeral was held in the Church of the Holy Cross, Dundrum.

Developer had high profile in Dublin residential and commercial property

German grocery retailer Lidl is planning to outsource its home delivery to the gig economy app Buymie. Photograph: Dara Mac Dónaill

German retailer to offer service via app backed by Eamonn Quinn and Unilever

A trader works on the floor of the New York Stock Exchange on January 22nd. Photograph: Michael Nagle/Bloomberg

Iseq is up as FTSE 100 posts its worst day in nearly a month amid global slowdown fears

Beijing by night. The immigrant investor scheme is simple. Make the investment, visit Ireland once a year, and you and yours are entitled to an Irish residency permit for five years, renewable – forever.

Chinese citizens account for 97 per cent of all applications for Irish visas under investor programme

Eating in: Flipdish has positioned itself as an alternative to the big online aggregators such as Just Eat and Deliveroo, that dominate online food ordering

The Dublin-based startup repackages its system for each restaurant’s app or website

Dublin-based Compass Informatics, which operates the State’s National Biodiversity Data Centre (above), has been acquired by Aim-listed British company Tracsis.

Compass Informatic operates State’s National Biodiversity Data Centre

Ryanair fell more than 2.3 per cent to €10.04, after it appeared to end its “Ryanair Holidays” package travel brand

Market report: Ryanair fell more than 2.3% after it appeared to end its “Ryanair Holidays” package travel brand

Joe Doyle, who sold the Donnybrook Fair group to Musgrave Group last year. Photograph: Eric Luke

Owners were exposed to €6.3m bank guarantees on top of money they were owed by the business

Paris Saint-Germain’s Brazilian forward Neymar, whom KPMG values at €229 million. Photograph: Anne-Christine Poujoulat/AFP/Getty Images

Study finds Barcelona had highest revenues and Manchester City most valuable squad

A file photograph of a bedroom at the Clonakilty Hotel in Co Cork, which has been bought by the Pu Yuan group.

Group ‘hasn’t decided’ on syndication deal under investment-for-visa scheme

Britain’s Conservative MP and former foreign minister Boris Johnson at the Pendulum Summit in Dublin on January 10th: denies he is “hungering or thirsting” for Britain to exit the EU without a formal withdrawal agreement. Photograph: Paul Faith/AFP

Brexiteer tells Pendulum Summit UK risks being ‘held to ransom’ by backstop accord

Gary McGann at the Pendulum Summit. Photograph: Enda O’Dowd

Gary McGann on being chairman of Aryzta: ‘I like a challenge, but I’m not a masochist’

Pendulum  Summit co-founders Frankie Sheahan, his wife Norma and guest speaker Tory MP and Brexiteer Boris Johnson on the main stage at the event. Photograph: Conor McCabe Photography.

Prominent Brexiteer says initial backstop proposal seemed like ‘a convenient fiction’

US speed painter and graffiti artist Erik Wahl with his portrait of U2 singer Bono at the Pendulum Summit at Convention Centre Dublin. Photograph: Conor McCabe

Caveat: Motivational summit is now mainstream entertainment

Leinster rugby coach Stuart  Lancaster addressing the Pendulum Summit at the  Convention Centre, Dublin. Photograph: Dara Mac Dónaill

Arch Brexiteer will address conference on apt topic of ‘opportunity in uncertainty’

Kings Laundry is the main supplier of linen to Irish hotels

Industry sources estimate Kings could sell for between €22.5m and €36m

US graffiti artist Erik Wahl (L) with Pendulum co-founder Frankie Sheahan and Ruby Wax on the main stage of the Pendulum Summit on Wednesday. Photograph: Conor McCabe

Two-day event will hear from Boris Johnson and Ruby Wax

 Irish company Data Scape has accused the various tech giants, including Apple, of violating data patents in eight separate lawsuits

Data Scape appears to have been set up purely to hold intellectual property such as patents

PwC partner Joe Tynan says “some improvements” to Ireland’s system of taxing corporations. Photograph: Nick Bradshaw

Irish system best in Europe when measured on amount of hours it takes for a company to comply

Digicel launched new services in November in St Lucia, followed by Grenada at the beginning of December and St Vincent and the Grenadines a few weeks later.  Photograph: Ken Cedeno/Getty Images

Company controlled by Liberty Global unhappy at running of 4G licence process

The Foxes Covert pub in Tallaght, which now operates as Molloys Bar & Grill

Revenues at family-owned pub and off-licence company fall by 14% to just over €17m

Accounts filed recently for Vodafone Retail Ireland recorded the drop in sales to €74.6 million in the year to the end of last March. Photograph: Justin Tallis/AFP/Getty Images

Mobile customers are replacing their devices less often

Worldspreads chief financial officer Niall O’Kelly, chairman Lindsay McNeile and chief executive Conor Foley at a group agm in 2009. Photograph: Alan Betson

It was the investors and clients who lost virtually everything in this egregious scandal

Apple’s first sales warning in over a decade sent European shares sliding, with the tech sector particularly badly bruised as chipmakers that supply the iPhone maker fell sharply. Photograph: Getty Images

Iseq falls on thin trading volumes though Kerry Group ahead by 2.4 per cent

The deal buttressed the Irish operations of LNG, whose interests already included Festival Republic, which runs Electric Picnic. Photograph: Barbara Lindberg

Consumer body to scrutinise Denis Desmond and Caroline Downey’s sale of promoter

 Vans black and white sneakers shoes. The American company claim Primark have been selling ‘knock-offs” of their product. Photograph:  Edward Berthelot/Getty Images)

Irish company disagrees with allegations and says it will ‘ plan to defend our position’

High Court inspectors are likely to be in place at Independent News & Media for most, if not all, of 2019. Photograph: Dara Mac Dónaill

Media group’s annus horribilis will see it under investigation by inspectors this year

Maurice Pratt, ITIC’s chairman, says tourism “the only sector that can provide proper long-term regional balance and deliver jobs and economic growth to all parts of the country”.

ITIC’s Maurice Pratt says growth maintained only if right strategies and policies pursued

Valeo, which owns Batchelors, filed its accounts in recent days with the Companies Registration Office

First set of publicly-filed accounts value group’s assets at end of March at €998 million

Perrigo told shareholders it would  “timely file an appeal” with the Irish Tax Appeals Commission. Photograph: Adam Bird/Bloomberg via Getty Images

Pharma group understood to have filed documents to contest assessment

Chief executive Michael Doorly has written to several current and former editors at the INM group. Photograph: Dara Mac Dónaill/The Irish Times

Chief executive’s letter says data watchdog has been contacted over the alleged incident

The number of 4G customers increased by 8.1 per cent to 1.2 million. Photograph: Justin Tallis/AFP/Getty Images

But gain mostly wiped out by losses at Siro, a fibre infrastructure joint venture with ESB

Shane Ross has become what he railed against in his days at the Sunday Independent: a minister who is determined to buy the public’s approval with their own money

Caveat: Minister’s huge ego has led to problems with industry figures

Bank of Ireland finished up 3.1 per cent at €5.16, on general optimism throughout the European banking sector on hopes that the financial system would be shored up by the prospects of economic calm in Italy. Photograph: Frantzesco Kangaris/Bloomberg

Iseq up 0.4% with Bank of Ireland and Dalata Hotel Group among the top gainers in Dublin

The Aughinish Alumina refinery’s future was in some doubt due to US sanctions on its parent company Rusal

Shannon facility employs 600 and its future was in some doubt due to impact of US move

Niall Gibbons of  Tourism Ireland and Brendan Griffin, Minister of State at the Department of Tourism: 2018 has been a record year, with €6.1 billion in revenues generated from 11.2 million overseas visitors to Ireland, up 10 per cent. Photograph: Shane O’Neill

Agency policymakers may pivot Ireland away from UK visitors and look to US instead

US retailer Costco Wholesale dropped 8.10 per cent after the warehouse club retailer reported a fall in quarterly gross margin.

Market report: AIB shares fell 2.1% on news of new CEO as INM shares recovered losses

Jo’Burger, which originated from a single outlet in Rathmines, had previously been in insolvency in 2009 but continued trading after a rescue deal was agreed with an examiner

Restaurant group controlled by businessman Joe Macken, operated from at least six Dublin premises

Niall FitzGerald: “Look at the top rung of the Tory party. Very few have a strong business background.” Photograph: Nick Bradshaw

Former Unilever chief believes backstop could lead to ‘hardest of hard borders’

BAI  chief executive Michael O’Keeffe suggested he had no interest in asking ministers for extra powers to apply updated ownership and control rules on existing media owners. Photograph by Matt Kavanagh

Regulator appointed in 1991 could demand greater powers over media owners

Ryan Preston, the chief financial officer of Independent News & Media, is understood to be in discussions about his future. Photograph: Bryan Meade

Whistleblower to depart troubled media group in January

In 2012, the BAI perplexed many when it decided Denis O’Brien, who lies in BAI’s orbit as the biggest private radio investor in the State, did not exert “control” over INM.

‘Media ownership’ issues behind Ireland’s fall in World Press Freedom Index

Declan Ganley of Rivada at home in Galway. Photograph: Brenda Fitzsimons

Projects next year involve capital expenditure of up to $1.85bn

INM’s chief executive, Michael Doorly, promised staff it will revive an “editorial systems committee” as it looks to allay concerns over the security of the emails and other data of journalists.

CEO tells staff company will facilitate audit of its computer systems

Denis O’Brien was also the biggest investor in Irish private radio services in 2012.

Authority says O’Brien’s 29% INM holding gave him a ‘substantial interest’ not ‘control’

Almost one in six claimed they had less than €280 disposable income each month, behind most developed economies. Photograph: Getty Images

Irish respondents put low prices at top of list of priorities when making buying decisions

Eir headquarters: new ownership regime under French investor Xavier Neil seeks to repair difficult past dealings with Comreg. Photograph: Alan Betson

Eir agrees to allow committee of outsiders to monitor its internal structures for five years

Johnny Ronan, now often to be found in the Ivy restaurant in Dublin, thinks he is back after his Celtic Tiger misadventures. Photograph: Tom McEnaney/McEnaney Media

The former ward of Nama believes he is back. But there are mixed opinions on his financial renewal

David Walsh, founder and CEO of Netwatch at its office in Carlow. Photograph: Brenda Fitzsimons

Netwatch says it can light up its fortunes providing security for $15bn US legal cannabis market

Norwegian Air is NOFI’s biggest shareholder. Photograph: iStock

Internet bank part owned by Norwegian Air to apply for Irish banking licence

Former Irish soccer international Niall Quinn  with  ACCA Leinster chair Jason Murphy. Photograph: Justin Mac Innes/Mac Innes Photography

‘I have seen the difference the availability of sports academies can make’

Primark accounts for about half of Associated British Foods’ revenue and profit. Photograph: Bob Collier/Bloomberg News

Irish-run fashion chain is traditionally viewed as most resilient in sector

Like the taxi app Uber and others before it, Deliveroo is engaged in public debates across Europe about whether its riders are genuinely self-employed. Photograph: Jack Taylor/Getty Images

Some people are clearly something in between being employees and self-employed

Niall Anderton: “We have already noticed that sales in the rebranded sites are higher than the ones that have yet to be changed over”

New forecourt on Dublin artery at Kill north will be among busiest in Circle K network

MKC Communications managing director Tim Kinsella, Lorraine Higgins and MKC Communications director, Laurie Mannix. Photograph: Chris Bellew/Fennell Photography

Lorraine Higgins taking up role of director of strategy and public policy

Christmas tree at the New York Stock Exchange. US stocks plunged, with the Dow Jones Industrial Average tumbling more than 800 points. Photograph: Angela Weiss/AFP/Getty Images

European shares dragged down by auto stocks on concerns over longevity of truce

   Roscommon County Council was found to have underdeclared VAT by more than €340,000 after an audit. Photograph: Alan Betson

Latest tax defaulters list details total of €13 million of settlements with 65 taxpayers

The largest single settlement made to Revenue was paid by the Westenra Arms Hotel in Monaghan, whose directors include the well-known GAA manager Seamus “Banty” McEnaney.

Monaghan hotel co-owned by GAA manager ‘Banty’ McEnaney makes €2.5m settlement

The issue of no-shows  has become a hot topic in the trade in the run-up to the busy Christmas period. Photograph: iStock

Legal situation around restaurant bookings currently ‘unclear’, says retired law lecturer

The falling oil price benefitted fuel-dependent travel companies, with Ryanair up 0.52%  to €11.65

Providence Resources down more than 7% following legal challenge by An Taisce

Facebook chief executive Mark Zuckerberg with Taoiseach Leo Varadkar. Facebook Ireland’s revenue rose last year by 48 per cent to €18.7 billion. Photograph: Suzanne Lynch

Facebook made friends with Ireland for good reason: it makes a fortune here

Sunday Business Post. Photograph: Bryan O’Brien

Former IDA executive could return to journalism as a replacement for Tom Lyons

Adrian Cummins of the Restaurant Association of Ireland said in a radio interview that restaurants could take deposits at the time of booking and levy a charge on customers who did not turn up.  Photograph: Cyril Byrne

Competition body contacted association earlier this year over concerns

Portuguese soccer star Cristiano Ronaldo and  his Portuguese agent, Jorge Mendes, after Ronaldo won the trophy for all-time top scorer at Real Madrid  in 2015. Photograph:  Gonzalo Arroyo Moreno/Getty Images

Super-agent who represents Cristiano Ronaldo controls 95% of Gestifute International

The Morrison Hotel in Dublin: recently invested €250,000 in its Quay 14 bar and Morrison Grill restaurant. Photograph: Dave Meehan/The Irish Times

Hotel’s accounts show revenues up almost 10 per cent to €13.4m

Sisk was owed more than €17m by Parsis, but it recently accepted less than €8m in ‘full and final settlement’. Photograph: Cyril Byrne

Deal sees Sisk take €9m writedown as Parsis takes control of Sutton development

Dalata hotel group is backing the Chef’s Network charter, which sets out a series of principles such as prioritising work-life balance, encouraging collaboration and treating staff with respect. Photograph: Getty Images

Workplace charter will address negative perceptions of sector and staff shortages

Oil prices fell to their lowest level in more than a year on Friday. Photograph: Getty

Irish banks rise as cautious optimism creeps into sector

The new Lidl store to reopen in Fortunestown Lane, Tallaght, Dublin. The German discounter has complained about rivals in the grocery sector routinely objecting to planning permissions that it seeks for new stores or extensions. Photograph: Dara Mac Dónaill

Caveat: Lidl and Aldi say rivals object to up to 80 per cent of planned new stores

AIB rose from almost record lows to finish the session on €3.78 and ahead by 0.8 per cent.

Market close: Iseq keeps pace with European peers

The Kilkenny Group, owned by Marian O’Gorman and her children, is buying the Kilkenny Design Centre in Kilkenny, whose owner Kathleen Moran is retiring after 30 years. Photograph: Cyril Byrne/The Irish Times

Purchase of Kilkenny Design Centre will reunite original Kilkenny design workshops

Clontarf Castle in Dublin, which is operated by the Tifco hotel chain.

Tifco runs 24 hotels, some owned and many operated under management contracts

 Designer and Dress for Success founder Sonya Lennon was among the other panellists. Photograph:    Marc O’Sullivan

Caveat: As the only man on the panel, I quickly realised there was nothing to worry about

Kerrygold is the second-best selling butter brand in the US, where it grew 21 per cent last year. Photograph:  Clare Keogh

Glanbia has launched Truly Grass Fed in the US initially as a cheese brand

BWG owns retail brands including Spar, Mace and Londis. Photograph: Dara Mac Dónaill

Leo Crawford and two others due payment under deal with South African investor

 Former chairman  INM Leslie Buckley has stepped down from CTI after serving 13 years on its board. Photograph:  Dara Mac Donaill

Former INM chief says departure ‘does not relate to any other matter’

Digicel says it remains in “constructive discussions with an ad hoc group of noteholders”. Photograph: Swoan Parker/Reuters

Telco remains in talks to ease strain of $6.7bn debt pile

The world’s largest new diamond mine, Gahcho Kue, in the Canadian tundra

Mountain Province Diamonds said sales were affected by “difficult trading conditions” in the wholesale market

Of those who intend to do their Christmas shopping on Black Friday and Cyber Monday, about one-third will spend more than they did last year, a survey has found. Photograph: Rob Stothard/Getty Images

However majority of Irish shoppers expect to do bulk of their shopping in stores – survey

As the Christmas shopping season kicks off in earnest, the reality of the behavioural shift will become more apparent than ever before. For many retailers and their customers, it will be, at least partially, a digital Christmas and a cyber New Year. Photograph: Bryan O’Brien

About 50% of Irish consumers shop online, according to Retail Ireland, compared with 80% in the UK

Dublin. Ever since Google first sashayed into the Irish capital in 2003, effortlessly cosmopolitan and dripping Californian chic, the State has appeared smitten

Ireland had no idea of the awesome power for which it gleefully threw back the duvet all those years ago

Centric Health co-founder Dr Maurice Cox. In the year to the end of June 2016, the most recent period for which accounts are available, the Centric group had sales of €43 million. Photograph: Eric Luk

Funding deal comes following investment in group earlier this year by Rothschild

Claudia Marshall, Ikea’s market manager for Ireland. Photograph: Nick Bradshaw

Ikea’s Irish website recorded sales in the first 10 months after launch of €17.3 million

The Clayton Hotel Burlington, in Dublin, which is owned by Dalata. Photograph: Cyril Byrne

Irish hotel group in deal with consortium of six banks, with UK’s HSBC and Spain’s Banco de Sabadell new lenders

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