Green ambitions are giving way to a tougher, US-style oil-and-gas-first agenda

Inclusion often produces a short-term share price pop, but then fundamentals take over

Shares in the construction materials giant have soared since it moved its main listing to the US

Construction materials giant to join index later this month

Inclusion of the Irish stock in the index will force investors that track the S&P 500 to buy CRH shares

Irish group’s subsidiary had long-standing contract with local council

Business welcomes reforms but warn that time for talking is now over with a need to see consistent commitment to implementation

Plan to buy back $300m of shares will bring total repurchases since 2018 to $9.7bn

Irish stock market has not seen a new listing since 2021

New CRH boss Jim Mintern unveiling medium term strategy for firm

Deal would be latest by Dublin-based CRH

Heightened spend reflects a surge in stock repurchases on both sides of the Atlantic

Local player Kovalska fears damage to competition for key building material

The best news, analysis and comment from The Irish Times business desk

While efforts to end the war in Ukraine continue, building materials giant CRH and an Irish family-owned business are caught in a conflict of their own in the eastern European country

Irish building materials giant faces legal challenge over cement deal

Dublin’s Iseq moves 1% higher as banks and food stocks gain momentum

Building materials giant reports a better than expected 9% rise in second quarter core profit and raises full-year forecast

US company uses materials like fly ash, a byproduct of coal combustion, to partly replace cement in the construction sector

It comes as the energy giant struggles with debt, strategic confusion, and activist investor pressure