Shares in online accommodation booking company Hostelworld plummeted by as much as 11% on a near halving of first half profits and its warning of little or no growth in bookings for the year as a whole.

Latest: The population could swell to 6.7 million by 2051, according to projections by the Central Statistics Office.

Any meaningful recovery in Paddy Power-Betfair’s share price is going to take time, analysts have warned, after shares in the betting services group fell further on a 12% slump in first-quarter profit.

IFG shares fell more than 9% on the back of the Dublin-listed financial services group shelving plans to sell its financial advisory division, with the costs of keeping the business also putting paid to shareholder hopes of the award of a special dividend payment.

Shares in Cairn Homes rose over 1.5%, as the Dublin housebuilder increased sales and boosted margins. It indicated it was on course to sell significantly more homes, amid the huge demand for housing.

Government revenues have survived the fallout of the UK’s referendum to quit the EU but Finance Minister Paschal Donohoe still only has room for small tax cuts in his budget next month.

Finance Minister Paschal Donohoe will be safe from potential EU spending breaches if he sticks to an early summer plan for a package of €1.7bn in tax and spending measures in his first budget next month, according to the Irish Fiscal Advisory Council.

Government revenues have survived the fallout of the UK’s referendum to quit the EU but Finance Minister Paschal Donohoe still only has room for small tax cuts in his budget next month, experts have said.

Finance Minister Paschal Donohoe will be safe from potential EU spending breaches if he sticks to an early summer plan for a package of €1.7bn in tax and spending measures in his first budget next month, according to the Irish Fiscal Advisory Council.

The Government has been urged to do more to close the gap between pay levels in the public and private sectors, which is widening according to latest CSO data.

Shares in  plunged by as much as 40% yesterday, wiping around €41m from its market value, after the Irish explorer reported disappointing initial results from its highly-anticipated return to drilling off the west coast of the country.

Shares in Independent News and Media (INM) rallied yesterday, after a turbulent week ended with the group announcing a deal for pension scheme members.

Selling of shares in Independent News & Media extended for the second day after warning about profits and the costs of board room corporate governance reviews.

The Bulmers, Magners and Tennent’s drinks firm, C&C Group, says it is seeking further savings and exploring the potential for contract manufacturing as the pressure on sterling following the unexpected outcome of the UK general election last month continues to weigh.

Irish fruit distribution company Total Produce has raised its earnings outlook for 2017 after seeing a continuation of its strong trading performance in the first four months of the year.

A $150m (€134.7m) purchase by One51 in the US, which it has described as “transformational”, will likely boost hopes for the plastics packaging firm to eventually float on the stockmarket.

An EU report to be published in late June will put a spotlight on increases in Irish house prices, according to Fine Gael MEP Brian Hayes.

Shares in FBD rose almost 5% as the insurer signalled it was on course to boost profitability as claims conditions had improved and premium prices had increased in recent months.

Bank of Ireland’s major operations in Britain have so far weathered the fallout of Brexit but the deficit in the lender’s defined benefit pension scheme continues to drag on its capital.

CRH is expected to make another large-scale acquisition some time next year as its cash generation improves and debt levels continue to decline.

Property prices are rising fastest in the west of Ireland, official figures have revealed.

A surprisingly broad-based growth in exports in the first few months of the year show that the Irish economy may have weathered the initial fallout from Brexit following sterling’s drop against the euro since the UK’s vote last June, analysts said.

DCC is to spend over €140m on buying Shell’s commercial fuel business in Hong Kong and Macau, marking its first expansion in the energy services market outside Europe.

The Public Sector Pay Commission has been warned not to “make matters worse” by ignoring external economic factors in its upcoming salary agreement deliberations.

Shares in Aryzta fell more than 7% at one stage yesterday before sharply paring losses, as the troubled Irish-Swiss baked goods company said it plans to accelerate its management shake-up.

C&C shares fell sharply yesterday as the Bulmers, Magners and Tennent’s drinks firm said that the pressures from the drop in the value of sterling and tough pricing conditions in the UK would unlikely ease anytime soon.

Boosted by domestic spending, the economy is continuing to grow strongly, CSO figures published yesterday suggest, despite the accounting procedures by multinationals distorting an in-depth understanding of what is really going in the Irish economy.

Shares in bookmaker Paddy Power Betfair fell almost 6% yesterday as brokers focused on the prospects of growth in online gaming across the industry.

Irish consumer spending is expected to grow by as much as 5%, in volume terms, this year, despite Brexit effects and monthly retail sales remaining erratic.

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.

Finance Minister Michael Noonan has stepped up the Government’s campaign against Brussels’ plan for a new common corporate tax regime saying the proposal will endanger the international “consensus” on ways to tax multinationals.

Shares in CPL Resources closed over 1.5% higher as the recruitment firm said sales and profits continued to grow despite uncertainties caused by the UK’s Brexit vote.

Irish-owned firms which employ large numbers of people are being hit by the slump in sterling, the latest trade figures suggest.

A partial sale of the State’s near-total ownership of AIB is still expected this year, with Goodbody Stockbrokers naming it as one of the 10 main events likely to affect the economy in 2017.

A leading economist has said the Government needs to explain to the public just how reliant public services are on the taxes paid by large corporations.

The Government’s tax take for November was more than 2% or €177m ahead of target, largely driven by another strong month for corporation tax. It is the most important month of the year for tax receipts.

Grafton Group is expected to keep expanding its presence in the Netherlands after announcing a deal which will significantly boost its market share in the country.

Second-half earnings, an upbeat outlook for 2017, and an acquisition of a gas supplier in France helped shares in DCC to rally after a recent rout.