Almost half of Irish business leaders believe that artificial intelligence  will have a larger impact on the world than the internet revolution did, a new survey has found. File photograph: Getty Images

PwC survey finds nearly half of Irish business leaders think AI will have a larger impact

At “Anomaly Five” Karelian Diamond  is searching for green diamonds, while at “Riihavaara” the group is pursuing its long-term goal of discovering a major diamond deposit. Photograph: iStock

Karelian Diamonds raised over €569,000 last year to advance exploration

Loganair is interested in operating the Derry to London Stansted route.

Saving the London Stansted route could secure future of Derry airport

A computer-generated image of Hines’s planned apartment development in Cherrywood.

US bank has provided credit facility for first stage of Hines apartment development

 Charlie Chawke: is opposing an office block development close to his pub Searson’s by Simplicity Developments.   Photograph: Matt Kavanagh

Four-storey block granted permission by Dublin City Council in January

Deirdre Mortell (left) chief executive of Social Innovation Fund Ireland, An Taoiseach Leo Varadkar and Anne Finucane, chairwoman of Bank of America Merrill Lynch Europe. Photograph: Marc O’Sullivan

Social Innovation Fund Ireland to use €1.8m to enhance economic mobility of women

Minister for business, enterprise and innovation Heather Humphreys. Photograph Nick Bradshaw

Heather Humphreys says Brexit could cause delays for goods supplied through UK

One-third of businesses with more than 50 employees claim they have recruitment problems. Photograph: iStock

InterTrade Ireland survey finds many big firms are struggling to get new staff

Dublin is in line for a boom in financial services as a result of Brexit. Photograph: iStock

Business week: Bertie Ahern tells it like it is, property prices, and Anglo Irish Bank

S&P opened its Dublin office on Thursday where it employs 20 staff. Photograph: Naoise Culhane

Hiring could accelerate in financial services as result of crash-out Brexit

Photograph: Simon Dawson/Reuters

New owners silent on future of the scandal-hit group’s two Dublin outlets

Spending in bricks-and-mortar retail outlets fell 5.3 per cent over the last 12 months. Photograph: David Sleator/The Irish Times

E-commerce spending rose 9.8% in the last 12 months

Central Bank of Ireland governor Philip Lane. Photograph: Clodagh Kilcoyne/Reuters

Disorderly Brexit would still have immediate disruptive effects

Hibernia Reit chief executive Kevin Nowlan. Photograph: Tom Honan

Demand for Dublin office space ‘remains high’, Hibernia says

Kerrygold Park in Mitchelstown, Co Cork. Photograph: Clare Keogh

Butter brand intends to reach over 36m people with digital expansion drive

Richard Branson with Gay Byrne launching Virgin Express flights from Ireland. Photograph: Liam Burke/Press 22

Richard Branson’s brand has little interests here as US expansion becomes the focus

Theratechnologies aims to improve the quality of life for HIV patients. Photograph: iStock

Theratechnologies has appointed Conor Walshe to the role of general manager

CIE International Tours chief executive Elizabeth Crabill: “We are masters of marketing in North America but we do not know how to market in China yet.” Photograph: Nick Bradshaw

Coach tour operator aiming for growth of 15 per cent this year, 20 per cent in 2020

The works to resurface the runway at Knock airport will be conducted at night, outside of operating hours

Lagan Airport Maintenance in joint venture due to begin work in May

Alan Hynes in 2014: this week his membership of Chartered Accountants Ireland (CAI) was revoked and costs of €550,000 confirmed against him. Photograph: Aidan Crawley

Alan Hynes described as ‘conniving’ after delaying disciplinary process for years

File photograph of Wexford accountant Alan Hynes. Photograph: Aidan Crawley

Hynes lost disciplinary appeal and had membership of professional body revoked

Aminex is listed both in Dublin and London. Photograph: iStock

Omani conglomerate subscribes to more than 20% of new shares

US stocks sank on fears that the United States and China would not be able to reach a trade deal with less than a month left in their fragile truce.Photograph: Brendan McDermid/Reuters

More than €1.8bn wiped off Irish shares, and FTSE and STOXX have worst day in months

The Bord Gáis Energy Index is now 16 per cent above the same period in 2018 and although the monthly increase was significant, over the last three month period prices have fallen 10 per cent.

Political instability in Venezuela drives increase in oil prices

Photograph: Brenda Fitzsimons/The Irish Times

New store openings and refurbishment of SÓ Hotel Group providing new jobs

File photograph of Wexford accountant Alan Hynes. Photograph: Aidan Crawley

Wexford accountant has membership of Chartered Accountants Ireland revoked

Sedgwick Ireland chief executive Malcolm Hughes. Photograph: Jason Clarke

Insurance software provider looking to establish international services hub in Dublin

A  file photograph of Wexford accountant Alan Hynes. Photograph: Aidan Crawley

Wexford accountant won a High Court action in March to have the appeal heard

Ireland’s main share index outperformed most of its European peers on Friday with a 1.08 per cent rise led by positive moves in CRH and Ryanair. Photograph: Dara Mac Dónaill

Good day for Irish shares with Iseq overall index rising 1.08%

 Ciarán Ó hÓgartaigh: “What defines a university is the quality of its students, the quality of its staff and the quality of the student experience. Some rankings measure those and some don’t.” Photograph: Joe O’Shaughnessy

Friday Interview: Ciarán Ó hÓgartaigh, president of NUI Galway

Nun’s Island in Galway city centre

Dilapidated lands at Nuns’ Island will be redeveloped as part of the plan

Mag and Ger Kirwan: “We started to prepare for Brexit about three years ago and we’ve been working with Bord Bia who’ve been excellent”

Mag Kirwan, Goatsbridge Trout Farm, Kilkenny

Ervia chief executive Mike Quinn. Tony Keohane, Ervia’s chairman, said he was “disappointed to lose someone of Mike Quinn’s calibre”. Photograph: Conor McCabe  Photograph: Conor McCabe

Mike Quinn moving on to pursue ‘new career opportunity’ in the private sector

A monthly salary of €13,012 is needed for a Dublin 2 family apartment. Photograph: iStock

Minimum wage worker would have to work for 279 hours to afford monthly Dublin 2 rent

Total Produce chairman Carl McCann. Photograph: Alan Betson

Fruit and veg company has sold Saba Fresh Cuts to an Oslo-headquartered company

Photograph: David Sleator/The Irish Times

Underlying growth and acquisitions responsible for strong performance, company says

Greencore chief executive Patrick Coveney. Photograph:  Dara Mac Donaill/The Irish Times

Sandwich giant says decision would depend on whether clients would pay additional costs

Caterpillar, a bellwether for global industrials, fell more than 8 per cent. Photograph: Mike Blake/Reuters

Iseq overall index fell 0.21%, outperforming European peers

Genesis Automation’s software manages inventory in hospitals, captures procedure information and analyses the cost of procedures. Photograph: iStock

Genesis Automation signs a ‘multimillion’ dollar deal with private US chain Novant

As of January 1st, employers across the State have been obliged to comply with PAYE modernisation rules. Photograph: Nick Bradshaw

Some employers operating emergency tax regime unnecessarily, Revenue says

A computer-generated image of the new Staycity and Premier Inn development.

Staycity will operate 248 rooms at new Paddington development

A computer-generated image of the Hines development in Cherrywood.

Approval adds to 1,269 apartments already under construction

David Davis with PwC Ireland managing partner Feargal O’Rourke. Photograph: Maxwell Photography

Fee was charged for 12 hours of former Brexit secretary’s time

PHP holds eight facilities across Dublin, Wicklow, Kildare, Laois, Cork and Tipperary. It  is ultimately targeting between €150-€160m of primary care assets in the Republic. Photograph: iStock

Primary Health Properties has properties worth €100m in the Republic

The construction of hotels is picking up and almost 1,000 new rooms were added to the Dublin market last year. Photograph: iStock

Capital far outperformed European peers with 84% occupancy

Kelvin Gillen, KBC Ireland’s director of transformation and innovation: “Our ambition is to change the way that Irish people bank by providing instant, accessible financial products and services.”

New product is first phase of the bank’s ‘multi-banking approach’

Gas broker EBI has been acquired by global commodities broker Marex Spectron. Photograph: iStock

Marex Spectron buys Irish company which it will absorb into its new operation here

Kennedy Wilson’s Capital Docks scheme. Renters can expect to pay €3,300 for a two-bedroom apartment. Photograph: Tom Honan

Rent prices more than €1,000 higher than national average in docklands area, according to figures from estate agent Owen Reilly

Patisserie Valerie’s Henry street outlet in Dublin. Photograph: Peter Hamilton

Administrator KPMG confirms 71 loss-making UK outlets will close permanently

Pfizer said the decision to move from the defined benefit scheme was made at a global level. Photograph: Andrew Gombert/EPA

Staff opposed to move from non-contributory defined benefit pension scheme

Photograph: iStock

Derek Kehoe appointed as chairman of Federation of International Banks in Ireland

Andrew McDowell (l), European Investment Bank vice president and Eamonn Rothwell, chief executive of Irish Continental Group. Photograph: Julien Behal Photography

Funds being used to finance two ships, one of which entered service on Tuesday

Jan Anker, chief executive of Royal A-ware, and Jim Bergin, chief executive of Glanbia Ireland

Facility will employ 80 staff when the strategic partnership with Royal A-ware becomes operational in 2022

The White Heather site is located near the Liberties.

U+I said the White Heather industrial estate in Dublin 8 could be rezoned

Aldi has a 10.8% share of the Republic’s grocery market. Photograph: Suzanne Plunkett/Reuters

German discounter will pay at least €11.90 per hour from February 1st

Cairn owns 33 residential development sites with capacity for over 14,500 new homes. Photograph: Nick Bradshaw

Housebuilder plans to develop 550 homes on a north Dublin site

Rathdown Motors site in Terenure: mooted development would lead to “major congestion”.

Locals opposed to Rathdown Motors site development because of height and traffic

David Carthy, formerly a partner with William Fry who now leads DLA Piper’s Irish practise, said their ambition is to hire 20 partners and an additional 100 staff over the next five-year period

Firm intends to hire 20 partners and 100 additional staff over next five years

Independent House on Talbot Street, Dublin. Photographer: Dara Mac Dónaill

‘It is difficult to conceive of further reductions in staffing level,’ says NUJ head

Residential property attracted significantly more capital last year with €654.3 million invested in the sector, up from €110 million the previous year.

Institutional investors gearing up to target residential market, Cushman & Wakefield report shows

An oil rig at Providence’s Barryroe prospect. Photograph: Finbarr O’Rourke

Explorer has licence for ‘Avalon’ based off the southwest coast of Ireland

Goodbody chief economist Dermot O’Leary said while completions would again rise this year, they would still lag demand by around 16,000 units. Photograph: iStock

Almost 19,000 properties were completed last year, but supply is significantly lagging demand

Further profit warnings can’t be ruled out if unexpected Brexit or security developments arise. Photograph: Wolfgang Rattay/Reuters

Improved cost management and higher traffic numbers helped to ‘defray’ lower fares

Investigations by competition authorities are generally expected in the case of substantial mergers.

Shareholders voted to merge in October

Face-to-face shopping fell 3.9 per cent in December. Photograph: Matt Kavanagh/The Irish Times

Visa’s consumer spending index found clothing and footwear sales dropped 6.2%

Barclays terminates customer offer despite Next’s intention to continue offering the interest-free credit deal.

Barclays ends finance offering to retailer as credit facilities tighten in March 29th run-up

A Supermac’s outlet in Dublin. Photograph: Brenda Fitzsimons/The Irish Times

EU decision to revoke ‘big mac’ trademark a victory for small businesses, says Supermac’s MD

Senator Neale Richmond, Fine Gael’s Seanad Brexit spokesman; CBRE executive director Marie Hunt; and CBRE managing director Myles Clarke.

Build-to-rent sector set for greater popularity after fourfold jump in investment, CBRE says

Non-electric vehicles are still most popular in the Republic, as figures from the Society of the Irish Motor Industry show. Photograph: iStock

Nearly 100,000 vehicles imported in 2018, 7.5 per cent more than in 2017, figures show

Grant Thornton’s offices in Dublin Photograph: Tom Honan/The Irish Times

Irish arm previously announced recruitment drive to hire 400 new staff in October

Trade data form China troubled global stocks on Monday. Photograph: Reuters

Iseq in Dublin underperformed European peers, falling 0.54%

In Europe, a trade mark can be registered either at national level or EU level. Photograph: iStock

Changes mean ‘more efficiency’, Minister for Business Heather Humphreys says

Drumshanbo Gunpowder Irish Gin is one of three brands being made available in Ontario from this week.

Three Irish brands will be listed in Ontario from this week following competitive process

Tánaiste Simon Coveney with Oscar (6) and Peter Creighton, managing director of Reliance at the opening of the company’s new facility in Limerick. Reliance, headquartered in Cork, is the Irish distribution partner for Universal Robots, which makes  collaborative robots (cobots) to assist businesses carry out repetitive tasks,  freeing up employees for more rewarding roles. Photograph: Julien Behal Photography

Reliance have increased their Limerick floor space tenfold

Irish mortgage customers are paying about €250 more every month than their euro zone peers as a result of higher interest rates. Photograph: iStock

Ireland has average mortgage rate of 3.04% compared to EU average of 1.79%

In the year to the end of November, there was a 22% increase in the value of mortgage agreements to €7.7bn. Photograph: iStock

Average interest rates in Ireland stood at 3.04% compared to average of 1.79%

Burkeway, primarily active in Galway, now has three new residential developments with a gross development value in excess of €100 million. Photograph: iStock

Burkeway Homes is currently building 197 properties on another site in Barna

Employers were required to submit a list of employees to Revenue by the end of October. Photograph: iStock

Employees whose details are incorrect could pay 51% tax until they are updated

Aminex signed a farm out agreement related to its flagship Tanzania project in July. Photograph: iStock

Deal sees oil explorers stake in Tanzania asset fall to 25%

Carlow businessman Declan Doyle owns the existing Doyle’s pub as well as Bowe’s, a former Ladbrokes betting shop and the Dublin Yeast Company. File photograph: Dara Mac Donaill

Company is also looking to add nine dormitories to the Times Hostel overhead

Knock airport serves 23 international destinations.

Co Mayo facility has added almost 100,000 passengers since 2015

Leo Casey, head of BGF in Ireland, and Amanda Torrens, founder of Brindley Healthcare.

Long-term investor BGF invested to help Brindley Healthcare’s growth

Figures from the BPFI show an average mortgage of €218,430 was approved in November. Photograph: iStock

Mortgage activity improved in 12 months to November by 4.5 per cent

Avadel is a speciality pharmaceutical company. Photograph: iStock

CEO of Dublin-headquartered pharma group replaced by chief operating officer

IDA Ireland chief executive Martin Shanahan said employment growth across agency-supported businesses was more than double the national average at 7 per cent. Photograph: Dara Mac Dónaill

Employment in businesses supported by State agency reaches a record 230,000

Jysk, which  has more than 2,700 stores and 23,000 employees across 51 countries, is coming to Ireland

Danish retailer plans to open 15 stores across Republic over the next two years

NTR has already made three acquisitions for the fund, including two wind farms in France. Photograph: iStock

NTR is targeting €500 million of capital to spend on renewable projects

Aryzta had an unremitting bad year and was the  standout corporate loser of 2018. Photograph: Reuters

The last 12 months proved to be another year of mixed fortunes in corporate Ireland

A report last Tuesday said Ireland’s booming economy faced a number of competitiveness challenges that could seriously derail future growth. Photograph: iStock

Department economists predict economy is likely to reach full employment soon

“It is business as usual for all Giraffe Childcare facilities,” the company’s directors said. Photograph: Eric Luke

Transaction is subject to Competition and Consumer Protection Commission clearance

The five star Castlemartyr resort in Co Cork.

Falconry, carriage rides and Michelin star meals are on offer for five-star hotel guests

Isaacs Hostel in Dublin 1.

290-bed hostel in Dublin 1 came on the market in October

CityJet has shifted its service offering to wet leasing for other airlines.

Absence of deal would have led to less choice for consumers, regulators found

Spar has invested €500,000 in the outlet at Dublin Airport which officially opens on Friday

Convenience retailer has spent €500,000 on the new store which officially opens today

Gap’s newest store in Limerick

Gap improved sales but 10% increase in the cost of sales led the company to a loss-making position

Kate O’Connell  with  Taoiseach Leo Varadkar, John Higgins, president and chief commercial officer of Avolon, and Dómhnal Slattery, chief executive of Avolon,  at the  opening of the company’s  global headquarters. Photograph: Robbie Reynolds

Stellwagen Group closes number of significant leasing transactions

In sectoral terms, the price of mining and quarrying goods fell the most in the year to the end of November, down 25.5 per cent. Photograph: iStock

Both home and export sales fell in the month

Greencore chief executive Patrick Coveney. Photograph: Dara Mac Donaill/The Irish Times

Offer represents a 17.5% premium to Wednesday’s closing price

Workers at the Cairn Homes Marianella site in Rathgar, Dublin 6. Photograph: Chris Ratcliffe/Bloomberg

Marianella Owners’ Committee gathers €11,000 to fight strategic housing application

Pat Rigney, managing director of The Shed Distillery, fills the first ever bottle of Drumshanbo Gunpowder Irish Gin.

Leitrim distillery plotting launch of whiskey brand toward the end of 2019

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