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Stephen Schwarzman, chief executive of Blackstone (L), with president Donald Trump in  2017. In 2020 Schwarzman earned one-fifth more than  the previous year. File photograph: Al Drago/The New York Times

Private equity executives who rank among the richest men on Wall Street received hundreds of millions of dollars in payouts even as the US economy fal(...)

Adare Manor has won Ireland’s Leading Hotel at the World Travel Awards 2020.

Limerick’s Adare Manor has won Ireland’s Leading Hotel at the World Travel Awards 2020, for the second year in a row, while EPIC The Irish Emigration (...)

The investment was made under the watch of Cardinal Giovanni Angelo Becciu, who was stripped of his rights as a cardinal by the Pope last month. Photograph: iStock

The Vatican invested some donations for the poor and needy in derivatives that bet on the creditworthiness of Hertz, the US car rental company that de(...)

Willie Walsh: he  is joining Dublin-based CarTrawler

Willie Walsh has taken a new job at a Dublin-based travel technology group just weeks after leaving Aer Lingus owner International Airlines Group. He(...)

‘Management has control. They pay themselves large bonuses, stick it to the rank and file and don’t pay their bondholders.’ Illustration: Getty Images

Companies across America are awarding top executives multimillion-dollar “retention” bonuses shortly before declaring bankruptcy, angering creditors w(...)

Each employee has their own wristband or lanyard, with a unique identifier attached. Photograph: iStock

A Tipperary company has devised a new service to help employees observe social distancing in the workplace, using lanyards and bracelets that alert st(...)

“If you were quick, you could have made a bundle by betting on bankrupt stocks such as Hertz, JC Penney and Chesapeake Energy.”

“It’s hard to play poker with someone you haven’t seen before,” said Man Group chief executive Luke Ellis last week, referring to the crazed price mov(...)

Some recent action has been even crazier than that seen in the late 1990s. Photograph: iStock

The day traders are back and buying stocks like it’s 1999. In fact, some recent action has been even crazier than that seen in the late 1990s, with th(...)

Glantus, founded in 2014, provides specialist solutions to the education, retail, construction and financial services sectors. Photograph: iStock

Irish analytics software company Glantus has continued on its acquisitive streak, buying California-headquartered JPD Financial to further automate cr(...)

Monex chief executive and founder Frank Murphy

Directors at Co Kerry-headquartered financial payments company Monex shared a €6.3 million payout last year as revenues reached a record high. The co(...)

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