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Paddy McKillen. IBRC sued Mr McKillen in the Irish courts in July 2014 to recover 25 per cent of the €45 million loan extended by the bank to the Belfast developer. File photograph: Yui Mok/PA Wire

The liquidators of the former Anglo Irish Bank claim a US legal action by businessman Paddy McKillen over his “Maple 10” loan is an attempt to frustra(...)

Judges for the first round of this year’s Irish Times Innovation awards: Lana Briggs of KPMG; Lisa Higgins of Science Foundation Ireland; David Keeley of Enterprise Ireland; Michael McAleer of The Irish Times; and Eric Donald of Teagasc. They were joined in the judging by (not in photo) Gearóid Mooney of Enterprise Ireland and Ciaran Heavey of UCD.

After sorting through this year’s applications, 85 entrants qualified to enter this year’s awards judging process, across five categories. The innovat(...)

In New York, Tesla rose 5.7 per cent after analysts said the electric carmaker was on track to be profitable and cash flow positive in the second half of the year. Photograph: Georgios Kefalas/EPA

Investors’ increasing optimism that the Italian government’s 2019 budget will respect European Union fiscal rules pushed up European banks across the (...)

Séamus Mulligan, chairman and chief executive of Adapt Pharma

Séamus Mulligan, the chairman and chief executive of Adapt Pharma, has been chosen as The Irish Times Business Person of the Month for August, an awar(...)

Mainstream Renewable CEO Andy Kinsella

Dublin-based Mainstream Renewable Power has begun the search for an equity partner to help build and run $1.65 billion (€1.42 billion) of wind and sol(...)

Taxpayers ultimately committed €29.3 billion to Anglo Irish Bank by the end of 2010. Photograph: Bryan O’Brien

The Government is seeking to hire a firm to assess whether Anglo Irish Bank had any equity value at the time of its nationalisation almost a decade ag(...)

In the second quarter, Adidas increased quarterly sales by 4.4 per cent year-on-year to €5.3 billion. Photograph: Christian Bruna/EPA

Adidas investors have shrugged off a €475 million impairment charge for 2016 related to the botched acquisition of Reebok that is equivalent to almost(...)

Smurfit Kappa chief executive Tony Smurfit has been chosen as The Irish Times Business Person of the Month for July, an award run in association with (...)

Maurice Sheehy founder of Fleet

Fleet, a Co Wicklow-based start-up seeking to bring widespread disruption to the car rental market, has turned to a new Irish equity crowdfunding prov(...)

Oireachtas Committee on Finance Committee chair John McGuinness said he did not accept the Department of Public Expenditure’s position that “you just write policy and then you sit back”.

The State was not a party to contracts to build schools and an institute of education that have collapsed and now threaten more than 100 small subcont(...)

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