BUSINESS - BREAKING NEWS

A third of Irish hotels have changed hands since 2011, according to a study from property consultants, Savills Ireland.

TODAY'S BUSINESS - IRISH EXAMINER

‘Gentleman’ business leader James O’Sullivan dies of cancer, 58

Tributes have been paid following the death of one of Cork’s most popular businessmen and charity campaigners after a long and brave battle against cancer.

More

Lenders slammed for tracker mortgage scandal

Banks in Ireland had sought since 2009 to play down the tracker mortgage scandal which has had a “catastrophic” effect on customers, an expert in tracker mortgages has alleged at the Oireachtas Finance Committee.

More

UK’s pre-Brexit ‘recovery’ is as illusory as the phoney war

Joe Gill examines the so-called pre-Brexit recovery and whether it was real and impactful or just a figment of our imaginations.

More

S&P analyst says there's no financial reason to delay AIB sale

AIB is in sufficiently good financial health for the Government to sell shares in the bank, an S&P Global Ratings analyst has said.

More

Kerry Group dismisses talk of selling its consumer foods branch

Kerry Group has dismissed speculation it might sell its consumer food arm by saying it remains “very, very committed” to it and still sees further growth opportunities arising from the division.

More

EU finance ministers close corporate tax loophole

EU finance ministers have agreed to close a loophole that allowed multinationals to avoid paying corporate taxes, in part by funnelling profits through Ireland.

More

Verizon lowers offer for Yahoo

Verizon Communications has said it would buy Yahoo’s core business for $4.48bn (€4.22bn), lowering its original offer by $350m in the wake of two massive cyber attacks at the internet company.

More

MP says any London Stock Exchange move to Germany should be blocked

The UK should block any attempt by Germany to shift the headquarters of the London Stock Exchange to Frankfurt after it merges with rival Deutsche Boerse, an MP has said.

More

One third of Irish hotels have new owners since 2011

One third of Irish hotels have changed owners since 2011, including four out of five in Cork City, generating almost €2.5bn in sales, according to a study by property consultants Savills Ireland.

More

8% fall in profits to €2.75m at Eddie Irvine's logistics firm

Profits at the logistics group co-owned by former Formula One driver Eddie Irvine fell to £2.33m (€2.75m) last year.

More

Green REIT sees Brexit bounce for Dublin market

Green REIT, the publicly-quoted property investment fund, is confident that US companies will remain interested in taking up vacant office space in Ireland, despite potential policy changes by the Trump administration.

More

German factory Markit's output sees a welcomed boost

Growth in Germany’s private sector picked up in February to reach its highest level in nearly three years, driven by humming factories, a survey showed, pointing to a strong first quarter in Europe’s biggest economy.

More

Topaz aims to stretch lead over rivals with 24-hour motorway station

Ireland’s biggest fuel forecourt supplier Topaz has moved to cement its position as market share leader by announcing plans to open a 24-hour motorway service station on the Cork to Dublin motorway.

More

Irish debit card spend outside Republic soars

Irish consumers spent over €340m via debit card transactions outside of the Republic, during November alone, as shoppers continued to look online for value and avail of a weaker post-Brexit referendum sterling.

More

Why Unilever may have turned its back on Kraft Heinz

Unilever was all smiles when Kraft Heinz abandoned its attempt to buy the Anglo-Dutch consumer company for $143bn (€134.6bn).

More

Government cuts value of AIB by modest €900m

The Government has cut the value of AIB by a modest €900m, in a move that may signal it still eyes selling a stake in the lender at the first opportunity.

More

Cycle to work to take the sting out of PAYE

A host of measures to allow workers manage their tax bill, writes Brian Keegan.

More

Robots, not Mexicans, are threat to Trump

Donald Trump is wrong. These four words can generally apply to anything the angry orange man in the White House opines on but he is especially, egregiously and dangerously wrong on jobs, writes Brian Lucey

More

Irish firms ‘have no plan’ for Brexit as UK return ruled out

As much as 98% of companies on the island of Ireland currently have no plan in place to cope with the consequences of Brexit, a new report shows.

More

Hans Rosling could bring subjects to life and shine light on complex issues

Swedish academic Hans Rosling, who died recently, was a skilled communicator who managed to bring subjects to life and shine light on complex issues, writes Kyran Fitzgerald

This story is enriched with multi-media content

More

Q&A: Dave Smyth from Cogs and Marvel

In this week’s column, Kehlan Kirwan talks with Dave Smyth from Cogs and Marvel, an Irish events company. Formerly Green Light Events, the business has rebranded and opened up a new office in San Francisco

More

Dundalk firm Nova Leah is leading the field in safeguarding medical devices

A Dundalk firm aims to be the global leader when it comes to safeguarding medical devices, writes Trish Dromey

More

Early election could delay sale of €3bn of AIB shares

An early sale of shares worth up to €3bn in Government-owned AIB could be delayed amid calls for Taoiseach Enda Kenny to step down.

More

Kraft Heinz turned down in €134bn Unilever mega offer

Kraft Heinz has made a $143bn (€134.5bn) offer for Unilever in what would be the largest-ever takeover in the food or beverage industry, opening a campaign to create a consumer-goods giant with household names from Dove soap to Heinz ketchup.

More

Kingspan eyeing more European and North American acquisitions

Kingspan is eyeing more European and north American acquisitions as it seeks further growth on the back of a year of record revenues.

More

French bond yields increase as French presidential campaign gets heated

The left-wing laggards in France’s presidential campaign are talking about uniting, a move that may elbow out centrists from the second round and improve the anti-euro Marine Le Pen’s chances of victory.

More