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Some $800 billion is spent annually on trucking services in the US
Bono-backed truck-tracking company raises $400 million

Convoy, the on-demand truck-tracking company backed by U2 frontman Bono and lead guitarist The Edge, has been valued at $2.75 billion (€2.49 billion) (...)

Skye Gyngell and Darina Allen (left) during a demonstration at Ballymaloe Cookery School. Photograph: Eric Luke
This Week in Business: Media and aviation giants report results

Monday Results: Ryanair, Under Armour, Groupon. Indicators: Irish industrial production (Sep); Euro zone manufacturing PMI (Oct); UK construction (...)

Paddy Power Betfair rebranded to Flutter Entertainment just over two months ago. Photograph: PA
Your business week: Flutter Entertainment to report earnings

Monday Results: Avis Budget Group, GW Pharmaceuticals, Papa John’s International, Sotheby’s. Indicators: Euro zone services and composite PMI (Jul);(...)

US president Donald Trump on his way to the G-20 Summit in Osaka. Photograph: Kevin Lamarque/Reuters
Trump lashes out at EU over tech antitrust cases

Donald Trump broadened his assault on US allies on Wednesday, lashing out at the European Commission for aggressively pursuing antitrust cases against(...)

Ryanair releases third-quarter numbers on Monday. Earlier this month, it lowered its full-year guidance to about €1 to €1.1 billion on the back of weaker winter fares. Photograph: Gleb Garanich/Reuters
All eyes on Ryanair as airline releases last pre-Brexit financial results

Monday Results: Ryanair, Alphabet.  Indicators: Irish services PMI (Jan), exchequer returns (Jan); euro zone PPI (Dec); UK construction PMI (Jan(...)

Former UK prime minister Tony Blair is scheduled to speak Web Summit in Lisbon. Photograph: Kirsty O’Connor/PA Wire
This Week in Business: Blair to address Web Summit Lisbon

Monday Results: Mylan, Avadel Pharmaceuticals, Taro Pharmaceuticals, Avis Budget, Ferrari, Marriott International. Indicators: Irish services purcha(...)

Photograph: Alan Betson 20/8/08Starbucks Dawson Street
Dublin tourism briefing and Facebook results due

Monday Results: Mondelez, HSBC, Pappa John’s Pizza. Indicators: UK housing prices (Oct); mortgage lending (Sep), lending to individuals (Sep), con(...)

Bono and The Edge’s backing of Convoy is by no means the first tech investment made by the musicians. Photograph: EPA
Bono-backed truck technology company Convoy raises $198m

On on-demand trucking technology company backed by U2 frontman Bono and lead guitarist The Edge has raised $198 million (€ 167 million) through the sa(...)

At a recent investor day, Bank of Ireland announced its intentions to grow net loans by 20 per cent over the next four years.
This Week: Bank of Ireland earnings expected to take positive turn

Monday Results: Bank of Ireland, AerCap Holdings, Forterra, Caterpillar. Indicators: Euro zone business and consumer confidence (Jul), consumer in(...)

Bono and The Edge have emerged as investors Convoy, a start-up that helps connect trucking companies with freight shippers
Bono joins Jeff Bezos and Bill Gates as backer of tech start-up Convoy

U2 frontman Bono and lead guitarist The Edge have emerged as backers of Convoy, an on-demand trucking technology company, whose other investors includ(...)

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