Parts of the economy with a substantial volume of multinational companies saw growth of 13.9 per cent. Photograph: iStock

Growth of almost 4% in economy when activities of multinationals is excluded

The largest transaction in the second quarter was Lone Star’s acquisition of about 47.7 hectares of land in Cherrywood for a price reported to be in the region of €127 million. Photograph: Cyril Byrne

The increase suggests total turnover could reach €1bn this year – Cushman & Wakefield

On an annual basis factory gate prices are down 5.9%. Photograph: iStock

Price increases for fish, while meat prices dip, according to CSO data

The property price survey showed that while 38 per cent of surveyors expect price falls in the coming 12 months, a third still expect prices to rise in the capital. Photograph: Aidan Crawley/Bloomberg

Central Bank survey shows that prices nationally expected to rise 5% over coming three years

The national commercial vacancy rate rose to 13.3 per cent in the second quarter of this year with the total commercial stock at 212,485 units. Photograph: iStock

More than 28,000 units empty by the end of June this year, report finds

The Iseq all-share index advanced 1.79 per cent on the day with advances for companies including Kingspan and CRH. Photograph: Dara Mac Dónaill

Iseq climbs 1.79 per cent on Kingspan and CRH share price rises

Some 26 per cent of women said they couldn’t afford a holiday this year compared to 19 per cent of men. Photograph: iStock

Spending on holidays grew twice as fast as overall increase in consumer spending

The Benson Building at 76 Sir John Rogerson’s Quay will contain 14 one-bedroom apartments, 43 two-bedroom homes and 15 three-bedroom units.

Benson Building was put up for sale in August last year

Showergem’s   Seán McGarry presenting his product on the BBC programme Dragons’ Den.

Showergem has grown sales substantially since appearing on Dragons’ Den in March

Flutter Entertainment owns brands including Paddy Power and Betfair. Photograph: Paddy Power Betfair/PA Wire

Broker suggests increased costs for online business will pull back earnings in 2020 and 2021

Michael Carvill, Kenmare Resources

Mining company declares maiden dividend

David Walsh, co-founder and chief executive of Netwatch. Photograph: Brenda Fitzsimons

Walsh looks to replace himself with US-based CEO as firm eyes opportunities stateside

Top three earners: CRH’s Albert Manifold (€8.23m), Ryanair’s Michael O’Leary (€3.373m) and Smurfit Kappa’s Tony Smurfit (€3.372m)

CEOs have secured collective pay rise of 13% while employee salaries rise just 1.5%

Wardian London near Canary Wharf is believed to have a construction cost of about  €619 million. Photograph: Jason Hawkes

Residents will begin moving in to some of the 766 apartments next year

Ibec is forecasting growth in consumer spending will fall to 2.5%  this year. Photograph: Frank Miller

Business lobby group says growth could halve next year if UK crashes out of EU

Paul Mallee, co-founder of Maison Privee: ‘I think the opportunities are significant [in Dubai]. The ecosystem here for startups is really coming along in leaps and bounds.’

Wild Geese: Paul Mallee is at the helm of a $300m virtual hotel brand in the United Arab Emirates

A PSO flight operated by Stobart Air parked in Donegal Airport. Photograph: Bryan O’Brien

Spending review of regional airports shows Waterford to be most expensive per passenger

Irish-based Ryanair pilots have voted to strike over two days later this month

Norwegian Air said on Tuesday that it was ceasing its transatlantic services from Ireland. Photograph: iStock

With demand at unprecedented levels, prices could rise for those flying to North America

Alan Walsh, chief executive of IPL Plastics. Formerly known as One51, the company  provides packaging solutions primarily in the food, consumer, agricultural, logistics and environmental end markets. Photograph: Dave Meehan

Revenue dipped at the Canada-listed company by 5% in the six month period

The London-headquartered company could look to offload up to 50 per cent of Green Reit’s property portfolio once it secures ownership. Photograph: Cyril Byrne/The Irish Times

Shareholders will receive almost 25% premium to price before sales process was announced

Norwegian Air said the route closures took into account the grounding of the Boeing 737 Max aircraft. Photograph: Artur Widak/NurPhoto via Getty

Flights to New York, Boston and Toronto will cease on September 15th

The Clare People started selling in June 2005. Photograph: iStock

Regional title, which employs 13 people, blames falling circulation and ad revenues

Lulu O’Sullivan of Gifts Direct/The Irish Store: “I often see early-stage entrepreneurs doing everything but getting the sales in.”

EY Entrepreneur of the Year finalist Lulu O’Sullivan of Gifts Direct/The Irish Store

Andrew Day of Keywords Studios: “Allow your business to fail and move on rather than clinging to a sinking ship.”

EY Entrepreneur of the Year finalist Andrew Day of Keywords Studios

Scrapinghub co-founder Shane Evans: “The best advice I received was to set ambitious goals.”

EY Entrepreneur of the Year finalist Shane Evans of Scrapinghub

Mac-Group founder Paul McKenna: “An idea is not a business.”

EY Entrepreneur of the Year finalist Paul McKenna of Mac-Group

Kevin and Fergal (right) Quinn: ‘When you’re a small business in Sligo, you literally have to roll with the punches,’ says Fergal.

Fergal Quinn of Acushla, a hospitality group in Sligo

Ashley McCulla plans to move, in the coming years,  to 100 per cent sustainable, bio-methane, gas-powered trucks in an effort to practically wipe out its carbon footprint

EY Entrepreneur of the Year finalist Ashley McCulla of McCulla Ireland Ltd

Mark Whitaker of Johnson & Perrott

EY Entrepreneur of the Year finalist Mark Whitaker of Johnson & Perrott

Laurence O’Kane of IMED Healthcare

EY Entrepreneur of the Year finalist Laurence O’Kane of IMED Healthcare

Matt Ryan of Press Up Entertainment

EY Entrepreneur of the Year finalist Matt Ryan of Press Up Entertainment

Karelian Diamond Resources chairman Richard Conroy. Photograph: Cyril Byrne/The Irish Times

Richard Conroy to remain on board of gold and diamond explorer following egm vote

An impression of Salesforce Tower located beside  the Central Bank’s Docklands headquarters in Dublin.

Current guidelines allow two more floors for Salesforce Tower, developer to argue

An impression of the Dublin Landings development on North Wall Quay.

Claire Solon will join the US real estate giant to oversee €600m of property assets

New York-listed Ardagh reported on Thursday that it generated revenue of $2.26 billion in the second quarter.

‘I plan to stay with the business but . . . no one goes on forever,’ says chief executive

Avolon chief executive Dómhnal Slattery. Photograph: Jason Clarke

Aircraft lessor has $6.4 bn in available liquidity

While Brexit is seen as denting construction growth in the UK, Breedon sees ‘particularly strong growth’ in the Republic both this year and next. Photograph: iStock

UK construction materials company acquired Lagan for £455m last year

The launch of the Samsung Galaxy Fold smartphone in February. Photograph: Eric Risberg/AP

Q&A: Even the most cynical among us would have winced when the $2,000 price tag was revealed

Kevin Lagan with  sons Peter (middle) and John

Business will provide synergies with Lagan’s FastHouse rapid build operation

In July, August and September 2018, more than 243,000 passengers flew from Dublin to Heathrow. Photograph: Toby Melville/Reuters

Strike at Heathrow and Ryanair could inflict further pain on Irish travellers

The Dublin Landings development on North Wall Quay

US property giant Greystar buying 268 apartments and 210 car parking spaces

Boris Johnson was elected as Conservative party leader on Tuesday. Photograph: Toby Melville/Reuters

Business leaders congratulate Tory leader but call for clarity in his first 100 days

Heuston South Quarter in Dublin. The development includes six buildings with office, residential and retail accommodation

Land includes 3.63 acre development site with zoning

Photograph: iStock

Capital placed 10th in report looking at European cities

Current gross production at the Abu Sennan concession stands at more than 5,100 barrels of oil equivalent per day. Photograph: iStock

United Oil and Gas has received the support of oil major BP for the deal

A pilot programme is being run in four counties before the service is rolled out nationally

New Courts Service system to be rolled out nationally by first half of next year

John Mullins: ‘Governments  can either support renewables and make the required changes or continue to resist’

EY Entrepreneur of the Year finalist John Mullins of Amarenco Solar

Triona Mullane of mAdme Technologies.

EY Entrepreneur of the Year finalist Triona Mullane of mAdme Technologies

Mervyn O’Callaghan and Simon Murray of ProVision CameraMatics.

EY Entrepreneur of the Year finalists Mervyn O’Callaghan and Simon Murray of ProVision CameraMatics

Tom Cronin of Rye River Brewing Company on how Brexit might impact on the business: ‘The possible import tax that would be levied is of grave concern to us.’

EY Entrepreneur of the Year finalist Tom Cronin of Rye River Brewing Company

Sean O’Driscoll of  iNua Hospitality: ‘I think tourism is one of the sectors in Ireland that is most match-fit in dealing with the Brexit challenge.’ Photograph: Keith Wiseman

Brexit Proof Q&A: Sean O’Driscoll, iNua Hospitality

Botswana Diamonds has licences in South Africa and Botswana. Photograph: iStock

Diamond sales from South African licence expected by fourth quarter

The Government has raised €500 million in 11-month borrowings at an interest rate of minus 0.54 per cent. Photograph: iStock

Investors who hold treasury bills will pay Government for doing so

Andrew McDowell, European Investment Bank vice president with Minister for Finance and Public Expenditure and Reform Paschal Donohoe and Barry Napier, chief executive at Cubic Telecom. Photograph: Andres Poveda

Irish tech company plans to use funds to further grow its software platform

Minister for Communications Richard Bruton has said  the National Broadband Plan contract will likely be signed later this year.  Photograph: iStock

Eir’s low-cost approach to plan ruled out by Government as ‘an inferior product’

Bank of Ireland will offer discounts of up to two percentage points on green loans. Photograph: Aidan Crawley/Bloomberg

Discounts of up to two percentage points available for loans and mortgages used for green purposes

Irish fintech company Fenergo has raised €66 million, a document filed with the Companies Registration Office (CRO) earlier this month shows. Photograph: iStock

Clients include HSBC, UBS and BNY Mellon

Revenue has contacted more than 84,000 businesses likely to be affected by Brexit. Photograph: Aidan Crawley/Bloomberg

So far this year, 7,255 companies have engaged with critical customs registration process

Toast established a presence in the Republic in 2017 with the opening of its technology and product development centre. Photograph: Getty Images/iStockphoto

Toast already employs 40 staff in the Republic

The 84 residential units include 34 one-bedroom apartments, 44 two-bedroom apartments and six three-bedroom apartments. Photograph: iStock

Real estate investor spent €10m upgrading facility in Dublin’s Citywest

Photograph: Brenda Fitzsimons

Market report: Strong day for European shares but US indexes under pressure

Minister for Housing Eoghan Murphy with Minister for Finance Paschal Donohoe at the HBFI update on Tuesday. Photograph: Tom Honan

Decision on incentive to be made in context of Budget 2020, Minister for Finance says

JD Wetherspoon has acquired Carbon Nightclub in Galway with plans to upgrade the facility with an investment of about €2.5 million

Company plans to invest €2.5m transforming nightclub into pub

Trifol chief executive Daire Gilmore  with Minister for Justice and Equality Charlie Flanagan and Patrick Alley, founder and chairman of Trifol. Photograph: Julien Behal

Portlaoise plant can convert over 50% of plastic waste to wax used in personal cosmetics, candles and chewing gum

Aside from being leapfrogged by Belfast, Dublin ranked behind a plethora of European cities including Munich, Berlin, Barcelona, Amsterdam, Stockholm and London which remained in third place

Belfast ranked 28th out of 50 cities in survey while Dublin rose to 30th

Beef magnate Larry Goodman: he  has continued to build up a  stake in commercial property company Green Reit. Photograph: Alan Betson

The Businessman’s family investment company picked up 1m shares in the property company on Friday

According to data from the Society of the Irish Motor Industry there were 1,902 electric vehicles sold from the beginning of January to the end of May. Photograph: iStock

Bank of Ireland data shows 45% of car loans this year went to businesses

Brian Leslie of Seaquest Engineering: ‘The first [game changer] that comes to mind was the development of the fish pump for pelagic fishing. It allowed us to capture large contracts around Europe and further afield.’

EY Entrepreneur of the Year finalist Brian Leslie of SeaQuest Engineering

PB Machine Tech managing director Lily Holmes: “The best advice was being persuaded by our Burnside auditor to study accountancy.”

EY Entrepreneur of the Year finalist Lily Holmes of PB Machine Tech

Richard Kennedy: “being from an entrepreneurial family I assumed I would go into business once leaving college, so it was a natural progression for me”

EY Entrepreneur of the Year finalist Richard Kennedy of Devenish

Philip Noone, Aalto Bio: ‘While the initial concern surrounding the Zika virus has subsided, there are still outbreaks together with ongoing Dengue and Chikungunya epidemics that mean a continual demand for these raw materials.’

EY Entrepreneur of the Year finalist Philip Noone of Aalto Bio

Mandate says it represents more than 300 workers in Paddy Power. Photograph: Alan Crowhurst/Getty Images

Up to €92,000 was paid in respect of inadequate breaks

Grafton Group chief executive Gavin Slark. Photograph: Nick Bradshaw

Grafton Group’s merchanting arm in Republic performed well in first half of year

Founded in 1980, Merc has worked to appoint senior business leaders across a range of industries from multinational corporations to public-sector bodies. Photograph: iStock

Price tag for deal involving US group Spencer Stuart not disclosed

Dublin Simon hopes to secure enough funding to buy 50 one- and two-bedroom units in the greater Dublin area over the next two years, with the properties expected to cost €250,000-plus each. Photograph: Alan Betson

Expert says scheme seeking gifts of properties for up to 15 years has little effect on tax

Donnacha Hurley: ‘We are experiencing significant challenges in recruitment due to near full employment and our inability to attract foreign nationals due to housing costs.’

EY Entrepreneur of the Year finalist Donnacha Hurley of Motor Mania Ltd

Una and Peter Kearns, the Institute of Education – their father Raymond, founded the school in 1969

EY Entrepreneur of the Year finalists Peter and Una Kearns of the Institute of Education

EY Entrepreneur of the Year finalist Patrick Derry of DRT (NI) Ltd

Pat McDonagh, founder of Supermac’s Ltd: “No matter how difficult it gets, keep going. Always keep the end goal in mind.”

EY Entrepreneur of the Year finalist Pat McDonagh of Supermac’s Ltd

The former peat briquette factory in Littleton, Co Tipperary, closed last year. Photograph: Cyril Byrne

Bord na Móna’s facility in Co Tipperary will employ 40 people

Gabriel Makhlouf, the incoming Governor of the Central Bank of Ireland. Photograph: Vivek Prakash/Bloomberg

Gabriel Makhlouf’s salary will be more than than the chair of the Federal Reserve in US

Bulmers maker C&C will apply for listing on the FTSE. Photograph: Nick Bradshaw

C&C preparing to extend brand outside Dublin as it moves to London FTSE listing

John Paul Construction was involved in the redevelopment of Adare Manor in 2018. Photograph: Murray Consultants

Contractor worked on redevelopment of high-profile hotels including Adare Manor

Donegal Investment Group owns potato varieties including Rooster and Slaney. Photograph: iStock

A UK-based co-op is buying the business along with a shipping services subsidiary

Christine Lagarde was nominated on Tuesday to take over at the helm of the European Central Bank. Photograph: Getty Images

Markets close: S&P 500 hits new record high while Iseq outperforms most euro-zone peers

Ireland is ‘by far the most exposed’ among European countries to the latest US punitive tariff plan. Photograph: iStock

Whiskey accounts for 85% of Irish exports threatened as some dairy products at risk

While there are challenges on the horizon, as evidenced by US president Donald Trump’s tax changes, Ireland has managed to maintain its competitive edge in the face of an ever-changing global trade environment. Photograph: Charles McQuillan/Getty Images

Despite global political uncertainties, the relationship between the two countries remains solid

Minister for Finance Paschal Donohoe updated the Oireachtas finance committee on Tuesday. Photograph: Dara Mac Dónaill

Minister updates committee on double-tax accords with Netherlands and Switzerland

The enlarged Karro Food Group will have sales of about £1.2 billion following the acquisition of Young’s Seafood. Photograph: iStock

Private equity company buys Young’s Seafood for second time

Belfast research contract group Fusion Antibodies reported record second-half revenues as it moves past AIM-listing pressures.

Record second half revenues as pharma research group grows US business

The Irish beverage industry exported just over €1m worth of produce to Brazil in 2018, compared to exports of €623m to the US, where some 60 per cent of Ireland’s whiskey exports are sent, according to Bord Bia. Photograph: iStock

Brazil is seen as providing the biggest opportunity for drinks exporters

The S&P 500 reached a record high on Monday. Photograph: Brendan McDermid/Reuters

S&P 500 hits all-time high on market positivity

Energia has an existing supply of 1,200 MW including power from 22 owned and invested wind farms across Ireland. It also operates two major gas-fired power stations in Dublin. Photograph: iStock

Utilities provider will invest across a raft of projects over the next five years

Mark Dowds of Trov: ‘I am often shocked by how sheltered young people are from the real skills they need to succeed in an experience economy.’ Photograph: Richie Stokes

EY Entrepreneur of the Year finalist Mark Dowds of Trov

Sonia Deasy of Pestle & Mortar: ‘It’s going to take more than good formulation and great marketing for brands to be relevant in 10 years’ time.’

EY Entrepreneur of the Year finalist Sonia Deasy of Pestle & Mortar

James and Timothy McElroy of HouseMyDog: ‘We broke the crowdfunding record in Ireland by raising £200,000 in just 48 hours.’ Photograph: Richie Stokes

EY Entrepreneur of the Year finalists James and Timothy McElroy of HouseMyDog

 Alex Kelly and Ian Nolan of Brightflag: ‘Getting the initial funding was the hardest part of the journey – before we had real traction in the market.’

EY Entrepreneur of the Year finalists Ian Nolan and Alex Kelly of Brightflag

Photograph: iStock

Sherry Fitzgerald data shows Dublin growth was particularly weak, rising just 0.1%

Chartered Accountants Ireland was responding to a public consultation from the Brydon review.

Auditors should ‘blow the whistle’ and make public a firm’s viability, says CAI

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