Dunnes Stores

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By taking such a large payment now, the Dunnes Stores family eliminates future currency risk if sterling, as expected, falls further against the euro as the effects of Brexit sink in.

The family-owned retailing company Dunnes Stores has taken a dividend of £250 million (€284 million) from its main UK entity. The group, headed by Mar(...)

Mexico’s avocado producers have seen their profits soar due to Nafta. Photograph: Justin Sullivan/Getty Images
Fruits of Nafta deal on the table

Nafta has not at all been kind to Canada’s automotive industry. Last summer, 625 workers at a major General Motors plant in Ingersoll, southwest Ontar(...)

Inishcorrig, on Dalkey’s Coliemore Road, sold for just below €8 million

Top sellers: Dublin  1. Gorse Hill, Vico Road, Killiney, Co Dublin €9.5 million, Sherry FitzGerald and Knight Frank        (...)

The words of Amhrán na bhFiann are displayed on a screen at Croke Park. Photograph: Dara Mac Dónaill

The words “Fianna Fáil” will not be removed from the first line of the national anthem, although a small number of submissions requesting the change h(...)

Amhrán na bhFiann displayed prior to a match in Croke Park. Photograph: Dara Mac Dónaill

Sanctions for inappropriate use of the national anthem Amhrán na bhFiann, will be discussed in the Seanad on Tuesday. Its music and wording were use(...)

In the days before storm Ophelia supermarkets were buoyed by a sales bounce as shoppers battened down the hatches, Kantar Worldpanel has said. Photograph: Dara Mac Donaill/The Irish Times

The imminent arrival of ex Hurricane Ophelia to Ireland last month led to a mini-Christmas sales period among large retail chains with a double-figure(...)

Jim O’Toole, chief executive of Bord Iascaigh Mhara, and food writer and entrepreneur Domini Kemp (right) with winners Scott Smullen and Anne Stephens. Photograph: Paul Sherwood

Anne Stephens has become the first woman to win the Bord Iascaigh Mhara Young Fishmonger competition. Ms Stephens, of the Fish Market in Maynooth, wo(...)

One of the CCTV cameras installed in the village of Duleek, Co Meath. Photograph: Alan Betson

In breaking news, it has emerged that KBC Bank Ireland set aside €54 million in the third quarter to cover refunds, compensation and other costs relat(...)

The receivers claimed the money is due under a 2010 settlement between Dunnes and Point Village Development Ltd  negotiated by PVD chairman Mr Crosbie before Nama appointed joint receivers over the company in 2013 on foot of a €450 million debt. Photograph: Dara Mac Dónaill

Dunnes Stores must pay €15.5 million “forthwith” to the receivers of a Harry Crosbie company in line with the settlement terms of a legal dispute over(...)

The Government is to publish new employment rights legislation in the coming weeks. Photograph: Getty

Proposed new Government legislation aimed at providing greater rights to workers in low-paid and vulnerable employment is full of holes, the trade uni(...)

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