Beechfield Manor nursing home in Shankhill, Dublin. The property is one of three nursing homes owned by the Beechfield Care Group.

Beechfield Care has been acquired by the German-based IMMAC Group

Shares in Ryanair fell 8.5 per cent  to trade at €15 in Dublin

Shares in Dublin underperform European counterparts

Shea O’Dwyer, right, founder of Coolmore Foods, speaking to delegates at a trade show

The bakery is investing in product development following European supermarket deals

Patrick Guilbaud on Noma? “It’s not for me.” Photograph: Cyril Byrne

The capital was a backwater when the Michelin-star man moved here in the 1980s

Dr Michael Somers is standing down from the board of AIB having been appointed in 2010.

Dr Somers is being replaced by Catherine Woods

Tipperary Boutique Distillery managing director Jennifer Nickerson: “We are naturally delighted with this investment which will realise our plan to distil our own whiskey.”

Tipperary Boutique Distillery will use funding to develop its own distillery

The Irish Wine Association  says the Public Health (Alcohol) Bill will effectively require producers to put an “Irish only” label for products sold in the Republic. Photograph: iStock

Minimum unit pricing will drive wine prices up ‘significantly’, Irish Wine Association says

The 83 texts a month sent by the average mobile user represented a drop of 12.8 per cent in the third quarter compared to the same period last year. Photograph: iStock

Quarterly report from ComReg shows mobile users now using 4.5GB of data per month

Jury Inn hotel at Christ Church: part of portfolio purchased by Pandox and Fattal Hotels. Photograph: Alan Betson

Pandox and Fattal purchase includes entire Jurys Inn portfolio of hotels for £800m

New  technologies  mean  less educated young people ‘could face major challenges’, PwC has said. Photograph: iStock

PwC says Ireland has high number of people not in education compared to OECD average

Bord na Móna wind farm in Offaly. Photograph: Dara Mac Donaill

Semi-States including Bord na Móna and ESB contribute €232m in 2016/2017

A rise of between 1 and 2 per cent in interest rates reduces a borrower’s disposable income after debt repayments by between 2 and 4 per cent, the ESRI has warned. Photograph: iStock

Irish consumers already paying 1.2% more in repayments than other EU mortgage holders

“People need to realise that it’s not just about finding the cheapest insurer out there, it’s about looking at their track record in the market and their credit rating.” Photograph: Alan Betson

Setanta Insurance policyholders told they could be liable for up to 35% of any claim

People Before Profit’s Richard Boyd Barrett: noted   figures from the Central Statistics Office suggesting property prices in Ireland had risen 86 per cent since the economic crash. Photograph: Cyril Byrne

Seven local authorities opt to raise basic rates, with review of LPT regime due in 2019

Pilots at Ryanair are campaigning for a new collective bargaining system to replace the employee representative councils that negotiate for staff. Photograph: Eric Gaillard/Reuters

Unclear when this would take place but could happen seven days after notice is given

The European Council is due to review last week’s Brexit developments at its summit on Thursday, December 14th.

Alliance of European chambers have urged negotiators to create clarity on future trading relationship

Guo Ping of Huawei and Dr Patrick Prendergast, provost of Trinity College. Taoiseach Leo Varadkar said the company’s expanding Irish operations are a “strong endorsement of Ireland’s tech credentials”. Photograph: iStock

The company is also adding almost 20 highly skilled jobs in its Cork operation

One of the projects awarded funding was an initiative hoping to develop an agritech centre of excellence. Photograph: iStock

Regional development projects secure more than €30 million in State funding

The public sector purchase programme sees the Eurosystem buying €60bn worth of bonds a month. Photograph: Reuters

Ratings agency finds 10-year bond yields lowered by up to 150 basis points

The jobs being create range from software development to sales. Photograph: iStock

Antares Vision will create 53 jobs in Galway while Keeper Security will add 50 jobs in Cork

C&C chief executive Stephen Glancey said the Admiral investment doesn’t present significant financial risk for the company. Photograph: Dara Mac Donaill/The Irish Times

The Irish cider maker will take a 47% stake in Admiral Taverns

CleverGift’s software allows consumers buy a gift whose receiver can then go to the retailer’s website and choose the variant they want. Photograph: iStock

CleverGift looks to raise additional €2m to roll out software that should make 'returns' a thing of the past

Irish Rail’s mobile app does not offer the ability to make reservations or check pricing

Company seeking tenders for €1m three-year contract for software upgrade and support

Some 1,576 claims are still outstanding more than three and a half years after Setanta Insurance collapsed. Photograph: iStock

Claimants awaiting payments more than three years after collapse as policyholders worry they may be personally liable

Kerry Group: beginning to catch up with its peer group. Photograph: Dara Mac Dónaill

Analysts single out food group’s taste and nutrition unit as being positioned for growth

United Oil & Gas has drilled its well on the Selva Gas field in Italy with the results indicating a “thick gas-bearing reservoir”. Photograph: iStock

Exploration company was established by former Tullow Oil executives

Tullow Oil will resume drilling on its flagship TEN project in Ghana next year. Photograph: iStock

Bank of America Merrill Lynch says explorer’s stock offers a ‘compelling investment case’

iPhones were the most common device insured in the Central Bank’s survey. Photograph: iStock

Often buyers are paying for cover they don’t need, survey found

The ECB overbought Irish bonds to the tune of around €400 million in November. Photograph: iStock

Bank bought €1.2bn of Irish bonds – about €400m more than prescribed amount

Integrity chief executive Eoin Goulding: “I’m trying to use Brexit to my advantage,” he said. “Change creates opportunity in the market place.”

Integrity 360 has acquired Metadigm as part of plan to increase UK market penetration

Continued strong increases in property prices over the medium term could present risks to Ireland’s economy, the latest troika review has found. Photograph: iStock

Eighth economic review expects strong economic momentum to continue in short term

Superdrug’s seventh Irish store, in Swords, Co Dublin.

UK pharmacy chain’s new store in Swords Pavilions employs 15 people

Green Reit chairman Gary Kennedy with chief executive Pat Gunne. Photograph: Nick Bradshaw

All resolutions pass at property investment company Green Reit’s agm

The founders of Prolego Scientific Belinda Hernández, Andrew Parnell and Mahdi Amina. Photograph: Nick Bradshaw

Prolego Scientific’s are used to improve animal health and performance metrics

Minister Jim Daly and Bartra Capital Property’s Richard Barrett “turn the sod” to mark the start of development at the Loughshinny Nursing Home site. Photograph: Colm Mahady/Fennell Photography

Greenfield site will host a 221-bed nursing home

Figures from Bank of Ireland show a record 12.38 million card transactions occurred on Black Friday. Photograph: iStock

Bank of Ireland recorded 12.38 million card transactions on ‘Black Friday’

Glenveagh currently has a land bank that could provide up to 3,500 homes. Photograph: iStock

Broker says Irish group could become one of the largest homebuilders in State by 2023

Overall housebuilding in the year so far is up 82 per cent, but only 7,503 properties have been completed. Photograph: iStock

Goodbody data shows 7,503 new homes were built in first 10 months of year

The Google Ireland offices on Barrow Street, Dublin. Photograph: Cyril Byrne

Irish headcount rises to 3,080 as Dublin base drives European growth on back of ad cash

Senator Paddy Burke, Pearse Doherty TD, Michael McGrath TD and John McGuinness TD at the launch of the report reviewing the credit union sector.

Committee suggests that consolidation shouldn’t be forced in credit union sector

Denis O’Brien advanced a €7.9 million loan to Communicorp last year, its accounts show.

Interest free loans comes in addition to the €85.5m he already gave the group

A construction update on Ormonde mining project in Slamanca, Spain, said that a significant amount of construction work has begun. Photograph: iStock

Construction update shows Spanish project is progressing

UDG Healthcare employs over 8,000 people across 23 countries. Photograph: David Sleator/THE IRISH TIMES

Dublin-based company raises proposed dividend by 7.5% with earnings reaching €100m

The Central Bank of Ireland, New Wapping Street, North Wall Quay. Photograph: Alan Betson/The Irish Times

Measures introduced last year reduced first time buyer deposit to 10% of property value

House prices will continue to increase over the next three years, a Central Bank survey suggests. Photograph: iStock

Central Bank of Ireland survey suggests prices will grow by 15% over next three years

Michael Horgan, and Michèle O’Gorman, directors of Ciall and Karl Flannery, ceo Storm Technology. Photograph: Conor Healy

Acquisition expected to boost Storm’s revenues by 25% from its current €10m

Rates being applied to a property should reflect the income being achieved from it, Ipav says. Photograph: iStock

Changes a ‘conspiracy against struggling rural businesses’, say professional body Ipav

Leo Crawford, chief executive of BWG Group and Brian Lee, managing director of Chopped. Photograph: Chris Bellew/Fennells

Spar owner will become the exclusive distributor and supplier to Chopped outlets

Colin Saunders, Open for Vintage’s chief executive.

Open for Vintage embarks on funding round led by Voxpro founder Dan Kiely

Brendan Mooney, chief executive of Kainos pictured in Belfast. Photograph: Colm Lenaghan/Pacemaker

Revenue growth slowed slightly but performance in line with expectations, firm says

The Central Bank of Ireland has fined a division of Italian banking group Intesa Sanpaolo. Photograph: Alan Betson

Fine for breaches of laws countering money laundering and terrorist financing

Britain’s chancellor of the exchequer Phillip Hammond with his budget at 11 Downing Street in London. Photograph: Neil Hall/EPA

Paris is awarded the coveted European Banking Agency instead of Dublin

Armalou sold 1,167 Land Rovers in the Republic last year. Photograph: Reuters

Irish distributor Armalou Holdings had profit after tax of €6.34 million last year

British Gas and Bord Gáis energy owner Centrica was the biggest loser on the FTSE on Thursday, falling by over 15 per cent. Photograph: PA Wire

Iseq down 0.51% with Bank of Ireland and AIB both falling

Enterprise Ireland chief executive Julie Sinnamon: “Enterprise Ireland has designed and tailored this new fund to precisely meet the needs of Irish companies.” Photograph: Dara Mac Dónaill

Companies can apply for funding for projects with total cost of up to €300,000

The Zara Store in the New South King Street Shopping complex in Dublin.

With 9 stores in Ireland, Zara made a pre-tax profit in 2016 of €4.46

The Hamilton family, founders of the Mash Direct brand. As of last year the company sold into 5,000 stores across Ireland, England and Scotland.

Co Down-based company picks up award for the quality of their side dishes

Kelly’s Resort Hotel in Rosslare, Co Wexford

Hotel resort has spent €3m on capital projects over last few years

The Ballsbridge Hotel in Dublin. Photograph: Dara Mac Dónaill

Development of former Jurys site has already sold €100m worth of apartments

Low power prices in Ireland “will reflect the continued growth of onshore wind power”.  Photograph: iStock

Subdued prices to come despite growth in demand, especially from data centres

Occupancy in Ireland as a whole was 83% in October. Photograph: iStock

The average daily room rate in Dublin in October was more than €142

It is understood that the site, located to the South-East of Kilcock town centre, will be built in three phases.

Scheme will be built in three phases with 157 properties to be completed in next 12-18 months

Stobart Air’s Graeme Buchanan (L), pictured with Warwick Brady, chief executive of the Stobart Group. Photograph: Maxwells Dublin

Passenger numbers on Donegal route have grown by 52%, Aer Lingus regional operator says

Ireland West Airport Knock is planning to upgrade and resurface its runway as part of a €15 million overall facilities investment plan.

Development plan for Knock includes work on infrastructure and passenger facilities

Ryanair said it hopes to fill a range of roles including technical services engineers, simulator engineers, fleet planners and junior aircraft engineers.

Budget airline plans to take delivery of 50 new aircraft over next 12 months

Mark Moran, led the management buyout of the Mater Private Hospital before selling it to a private equity company.

Mark Moran is one of five anchor investors in a fund launched by Stanhope Capital

The European Commission launched its fourth anti-money laundering directive in June of this year. Photograph: iStock

European Commission has begun proceedings against Ireland for delay

In the UK, the national trading standards body prevented almost £127 million in losses to consumers and businesses over the last year. Photograph: Dominic Lipinski/PA Wire

Consumers urged to remain vigilant as criminals exploit new technology

Apple hit a record high on Friday on strong demand for its iPhone X handsets. Photograph: Lucas Jackson/Reuters

Ireland’s benchmark index closes up 0.17 per cent with Total Produce top performer

Liam Duggan, Eircode managing director; Minister for Communications, Climate Action and Environment, Denis Naughten; and Paddy Flynn, director of geo operations at Google

The company was established in 2015 at a cost of €38 million

Development activity in Dublin increased in the third quarter by 11 per cent. Photograph: Bryan O’Brien/The Irish Times

196,000sq m of office space has been let so far this year with majority in central business district

Virgin Media Ireland has posted increases in subscriber numbers across all categories in the third quarter. Photograph: Chris Ratcliffe/Bloomberg

Irish mobile subscriber numbers reach 44,400 in third quarter, says Liberty Global

Pictured with Derek Tierney (centre), Department of Finance, is president, Ireland Chapter of PMI, Niall Murphy (left) and PwC Director for Portfolio and Programme Management in Ireland, Darren D’Arcy. Photograph: Maxwells

Terence O’Donnell was named as a ‘distinguished contributor’ to the field

Ryanair’s traffic grew by 12 per cent to 128.2 million customers in the year to October, on a rolling annual basis. Photograph: Bryan O’Brien

Airline record growth of 8 per cent in October with passenger numbers at 11.8 million

The Renault Megane is the company’s most popular car so far this year.

Operating profit increased 42% last year at Irish arm of French car manufacturer

Almac is a privately owned company operating in Northern Ireland for almost 50 years

Almac has acquired BioClin, which owns a 14,000sq ft facility in Athlone

Brexit negotiations won’t have an effect on markets until 2018, State Street said. Photograph: iStock

60% of institutional investors expect their asset holding to remain the same

A Standard Life fund has decided not to include Glanbia among its stock picks because it is not confident about the nutritional impact of its thinkThin bars.

Fund ‘less confident’ of nutritional impact of company’s ‘thinkThin’ bars

Carluccio’s second Irish outlet was opened in 2015 in Glasthule, Co Dublin. Photograph: Andres Poveda

Operating losses jump 92 per cent to €536,056 for year to end of September 2016

Draper Esprit’s acquisition includes a stake in fintech company Transferwise. Photograph: iStock

The tech funds include a stake in fintech business Transferwise and smaller companies

“Ineffective loyalty programmes are failing to engage with customers and understand their needs.”  Photograph: iStock

58% of customers that have signed up to loyalty schemes do not use their accounts

While Ryanair is not rowing back on the changes to the policy it has delayed the date to mid-January to “to allow customers more time to adjust to the changes”

Changes will now come into effect on January 15th instead of November

Cora O’Brien of the Irish Tax Institute told an Oireachtas committee that “high tax rates do not equal high yield from tax”

Oireachtas committee hears from lobby groups on cost of doing business in Ireland

Five double decker VDL buses capable of seating 78 passengers are for sale in Bus Éireann’s latest round of fleet disposal. Photograph: Aidan Crawley

Buses were built between 2002 and 2008 and range in size from 40 to 78-seaters

The MV Celine will begin sailing from Dublin Port at the end of this month

The Port has recorded an increase in trade volumes of 4.2% so far this year

CEO Anne Heraty and her husband Paul Carroll have gained just shy of €9 million as a result of the tender offer from CPL Resources

Recruitment company bought shares from shareholders and returned capital to them

Irish Girl Guides visit to East Coast Bakehouse, Drogheda: with co-founder Alison Cowzer (centre) are (front) from left: Shauna Rice, Georgia Rice, Aimee Rice and Holly Jordan. Back: Sophie Cassidy, Ciara Guilfoyle, Katie Daly, Kate McMah

The initiative aims to help the girls hone their entrepreneurial skills

Tesco has closed the gap on SuperValu to tie for the position of Ireland’s largest supermarket. Photograph: Rui Vieira/PA

Dunnes Stores loses share but Lidl and Aldi makes gains in Kantar Worldpanel survey

Turnover at Sherry Fitzgerald increased by more than 12 per cent last year to €37.29 million. Photograph: Nick Bradshaw

Fully functional property market is a ‘number of years’ away, estate agent warns

CBRE has acquired a technology focused real estate brokerage. Photograph: iStock

Custom Spaces will have ‘significant impact’ in the Dublin market, CBRE says

The facade of the Shelbourne Hotel following a restoraton project.

The hotel spent in the tens of millions on upgrading rooms and restoring the facade

 Graeme Buchanan, managing director of Stobart Air, with group chief executive Warwick Brady. Photograph: Maxwells Dublin

Stobart Group reported a six-fold earnings increase for its aviation business

Bank of Ireland, currently the subject of an enforcement investigation by the Central Bank alongside KBC, dropped by 1.93 per cent to €6.649 on Thursday. Photograph: Aidan Crawley/Bloomberg

European shares lower across the board as Spanish political upheaval continues

RTÉ2 retro-comedy ‘Bridget & Eamon’ was sold to UKTV channel Gold in 2016. Photograph: Paul Doherty

Media group’s merchandising division also came under ‘severe pressure’ in 2016

Brian Hefferon, managing director of Nesta, said the company is increasing its available space by 35 per cent.

Extra space: Dublin firm adds 100,000sq ft to its facilities

Demand for marketing professionals has started to outstrip supply, a survey suggests. Photograph: iStock

Men still get bigger salary increases and bonuses than women in fluid market

Particularly strong sectors included science, financial services, and data compliance. Photograph: iStock

Number of jobseekers increased by 13%, says recruitment firm Morgan McKinley

Permanent TSB said the market reaction to the bond offer was “exceptionally strong”. Photograph: Alan Betson/The Irish Times

Majority of investors will achieve a negative yield initially

If Ireland was to bring its employment rate for workers aged over 55 in line with Sweden, the resulting long-term GDP boost could be as much as  5.4 per cent, PwC said.

Republic ranks in 20th place in PwC’s measurement of role of over-55s in labour force

A number of smart watches aimed at children have been found to be prone to hacks. Photograph: iStock

Data is transmitted and stored without encryption and can be hacked, research has found

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