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The mooted valuation would be a sharp reduction from the $47 billion level that WeWork attained during its last private fundraising in January and less than a quarter of the $65 billion that bankers at Goldman Sachs had once pitched as a possibility.
WeWork restructures corporate governance in bid to save IPO

WeWork announced it would appoint a lead independent director by the end of the year and reduce the voting power of co-founder Adam Neumann, bowing to(...)

At the Aer Lingus brand reveal in early 2019 before an Airbus A330 was (from left) Sean Doyle, Mike Rutter and Dara McMahon. File photograph: Naoise Culhane
Mike Rutter set to leave Aer Lingus as chief operating officer

Aer Lingus’s chief operating officer Mike Rutter is believed to be leaving the Irish airline. Mr Rutter joined Aer Lingus in early 2014 as chief com(...)

MeetingsBooker.com founder and chief executive Ciaran Delaney.
MeetingsBooker projects bright future as online bookings grow

MeetingsBooker.com is expecting the number of reservations it processes through its software platform to triple next year to more than 30 million. Th(...)

Deem’s suite of cloud-based travel booking and management tools are currently used by more than 50,000 corporate customers and travel management companies in 61 countries
Travel tech company Deem to create 50 jobs with more on the horizon

Deem, a US travel tech company owned by car rental giant Enterprise, is to create 50 software engineering jobs in Dublin over the 12 months with the p(...)

Li Yong of Unido is on a visit to Ireland that will also incorporate a talk at the Institute of International and European Affairs in Dublin
Business This Week: Netflix results and Irish Government quarterly figures

MONDAY Results: Citigroup, Goldman Sachs. Indicators: Irish trade statistics (Jan). Meetings: Institute for International and European Affairs ((...)

One Building on Lower Grand Canal Street, Stripe’s European HQ, will be sold for nearly €50m to an international investor
Stripe’s European HQ in Dublin 2 to sell for €49.5m in off-market deal

The sale of the European headquarters of Stripe at the One Building on Dublin’s Lower Grand Canal Street has been agreed in an off-market transaction (...)

Jamie Dimon, chief executive of JP Morgan at the bank’s new Irish headquarters on Sir John Rogerson’s Quay,Dublin. Photograph: Tom Honan
Bastion of Wall Street says no chance of another Lehman Brothers

The frisson in the air is palpable as JP Morgan chief executive and Wall Street grandee, Jamie Dimon, wanders around the banking giant’s new Irish hea(...)

John Armitage, co-founder of Egerton Capital. Photograph: Geoff Caddick/PA Wire
Who is Ireland’s newest billionaire?

Forbes’s billionaire listing rarely throw up too many surprises; there may be some jumps and declines in the rankings, but the names tend to be fairly(...)

Roma, one of Netflix’s original movies, is now considered an Oscar favourite having taken best director and foreign language motion picture at the Globes. Photograph: Carlos Somonte
Your business week: Brexit deal vote due and Netflix proving unstoppable

MONDAY Results: Citigroup. Indicators: Irish construction PMI (Dec); Euro zone industrial production (Nov); US imports and exports (Nov), constructi(...)

The American Ireland Fund is seeking damages of between $200,000 and $1 million in the case, according to court records.
Former charity director objects to lingerie spending records disclosure

A former American Ireland Fund director being sued by the charity for alleged embezzlement is objecting to details of her credit card spending on heal(...)

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