Turnover climbed to €28.9 million from €26.3 million

Profits continued to surge for the group that operates the Web Summit following its controversial move from Dublin to Lisbon, hitting a record high in(...)

Web Summit chief executive  Paddy Cosgrave . Photograph: Getty Images

The Web Summit will remain in Lisbon until at least 2028 under a new €110 million deal agreed between the Irish company that runs the event and the Po(...)

Web Summit chief executive Paddy Cosgrave

Twitter co-founder Evan Williams, who now leads online publishing platform Medium, is among the first batch of speakers lined up for this year’s Web S(...)

Paddy Cosgrave on stage at Web Summit in Lisbon last year

The group that operates the Web Summit reported record profits in 2016, the year in which the company first ran the tech conference in Lisbon followin(...)

 Paddy Cosgrave opens the Web Summit 2015 at the RDS, Dublin.   Photograph: Eric Luke / The Irish Times

The Government is using the Web Summit as a “distraction” from the real issues impacting people on a day to day basis, founder Paddy Cosgrave said ahe(...)

TAP: investor group has bid €348 million for a 61 % share of the company

Trivago index shows hotel rates up 26% on year Suspicion that Dublin prices are surging ahead has been confirmed by the Trivago Hotel Price Index for (...)

Pedro Passos Coelho: “The market conditions that Portugal has access to now are more favourable that those agreed on with the IMF and therefore we will save in the future by paying part of the IMF loan early.”  Photograph: Krisztian Bocsi/Bloomberg

Portugal plans to make an early payment of about €14 billion of its bailout loans from the International Monetary Fund after borrowing costs dropped, (...)

Bank of Portugal governor Carlos Costa arrives to read a statement in Lisbon yesterday. Portugal’s central bank said  it had decided to rescue troubled lender Banco Espirito Santo in a €4.9 billion euro recapitalisation to be pumped into the healthy part of the bank. Photograph: Hugo Correia/ Reuters

Portugal will spend €4.9 billion to rescue its largest listed bank, testing the euro zone’s resilience to another banking crisis just months after (...)

A woman enters the Bank of Portugal in Lisbon. The latest troika review of the Portuguese programme said that the programme was on track. Photograph:Rafael Marchante/Reuters

Divisions have emerged within the Portuguese government about the country’s strategy for exiting its bailout, with finance minister Maria Luis (...)

Minister for Finance Michael Noonan with Jeroen Djisselbloem (left, president of the Eurogroup), Luis de Guindos (Spanish economy minister) and Maria Luis Albuquerque (Portuguese finance minister). Photograph: Peter Cavanagh

Minister for Finance Michael Noonan has said the Government’s intention to sell its stake in Allied Irish Banks will not preclude any potential retroa(...)

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