JCPenney was among the biggest casualties of the pandemic in the US retail sector.

Simon Property Group, America’s biggest mall owner, and Brookfield Asset Management have been given permission to buy US department store chain JCPenn(...)

A “subtropical” outdoor pool at a Center Parcs

Brookfield Asset Management, the Canadian fund that owns Center Parcs, says it is prepared to prop up the holiday parks operator, if required, during (...)

 The financier Michael Milken (centre) leasves federal court in New York on April 7, 1989. Photograph: The New York Times

Thirty years after his conviction for securities fraud, and 20 years after he began asking US presidents to pardon him, junk bond king Michael Milken (...)

Nick Read, chief executive of Vodafone. The company said the number of customers using its 4G network rose with over 1.1 million devices now 4G enabled. Photograph: Sergio Perez/File Photo/Reuters

Vodafone Ireland has said service revenues grew 1.3 per cent in the 12 months to the end of March as its parent slashed its full-year dividend by 40 p(...)

Marmite maker Unilever drops  plans to centralise its HQ in Rotterdam. Photograph:   Epa/Andy Rain

Fears that the US may accelerate interest rate hikes sent European shares falling to their biggest weekly loss on Friday. Investors believe the world’(...)

Construction work at Centre Parcs Longford Forest in Ballymahon is under way

The developers of the planned Center Parcs holiday village in Co Longford have awarded contracts worth a combined €5.2 million to four Irish food comp(...)

An artist’s impression of the planned lake at Centre Parcs Longford Forest in Ballymahon. The holiday village is  expected to open next year.

The developers of the planned Center Parcs holiday village in Co Longford have announced the awarding of €1 million in supplier contracts to several I(...)

Horses pictured at the site in Derrydonnell near Athenry in Galway where Apple had planned to build an €850 million data centre. Photograph: Aidan Crawley

The Central Bank of Ireland Governor Philip Lane reminded us yesterday that prices can go down as well as up. Speaking to an Oireachtas committee, t(...)

Sean Bolger, founder and chief executive of telecoms group Imagine. Photograph: Dara Mac Dónaill / The Irish Times

Canadian investment giant Brookfield Asset Management is taking a major stake in Irish entrepreneur Sean Bolger’s Imagine Communications wireless broa(...)

The logo of British mobile phone giant Vodafone outside one of its shops in central London. Photograph: Ben Stansall/AFP/Getty Images

European shares fell again, compounding a difficult week that saw a widespread equity sell-off. The Iseq in Dublin limited the drop to 0.2 per cent. (...)

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