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Updated: 2 hours 9 min ago

Brexit is not the only challenge facing the EU

Fri, 11/16/2018 - 05:10
With just over four months to go to March 29 and the likely exit of the UK from the EU, there was always a chance and a hope that from a situation of crisis, wiser heads would prevail and some sort of deal would be agreed upon.

Court orders developer to provide €400,000 security for costs in Burlington Plaza dispute

Thu, 11/15/2018 - 18:18
A development company has been ordered to provide €400,000 security for legal costs should it lose a High Court action over the sale of a 25% interest in the Burlington Plaza commercial building on Dublin's Burlington Road.

Conor McGregor whiskey company sells all stock in one month

Thu, 11/15/2018 - 15:44
A whiskey product owned by Conor McGregor has sold out in just one month, with plans in place to restock in time for Christmas.

UK regulators ‘hold call with banks’ as pound and stocks tumble

Thu, 11/15/2018 - 13:42
Lenders reportedly asked for feedback on market conditions as sterling falls 1.5% against the US dollar and euro.

Stansted’s expansion bid approved by council

Thu, 11/15/2018 - 13:42
Some 26 million people travelled through the Essex airport last year.

Shock resignations in UK Cabinet spark pound sell-off

Thu, 11/15/2018 - 10:52
Sterling fell sharply against most major currencies, dropping 1.5% to 1.28 US dollars and 1.4% to 1.13 euro.

Brexit deal reaction: ‘It’s still not clear if what lies beyond is a smooth exit lane or an abyss’

Thu, 11/15/2018 - 07:51
The experts predict that a defeat may be snatched from the jaws of victory, with logic lacking in the Brexit negotiations. From local concerns to the international outlook, Eamon Quinn, Geoff Percival, and Pádraig Hoare report on this week’s Brexit progress.

Rebuilding semi-detached home soars to €227,440

Thu, 11/15/2018 - 07:36
The costs of rebuilding a home after a fire or a major flood — yardsticks used by insurance firms — is at least €227,440 in some areas, up 5.5% in the past year, and far in excess of inflation, according to surveyors.

Pfizer patent blow after UK ruling on €4.4bn pain drug

Thu, 11/15/2018 - 07:21
Pfizer has lost the final round in a long-running patent battle in the UK after the country’s highest court ruled against it in a case involving its €4.4bn-a-year pain drug Lyrica.

Paddywagon tour company sees profits jump 6%

Thu, 11/15/2018 - 07:06
Independent bus tour firm, Paddywagon last year enjoyed another bumper year as pre-tax profits increased by 6% to €1.2m.

Ryanair waiting in wings as Flybe expected to be carved up

Thu, 11/15/2018 - 06:51
Ryanair has been named as a possible significant beneficiary — though an unlikely outright buyer — from an expected sale of British regional airline Flybe.

Dell EMC chief: No fear over Irish projects

Thu, 11/15/2018 - 06:36
US investment into Ireland remains buoyant and there is little to threaten the business ties between the two countries in the future, one of Dell EMC’s most senior executives has said.

Irish Spar owner ‘positively cautious’

Thu, 11/15/2018 - 06:21
The South African Spar retailing group says it is positively cautious about the effects of Brexit for its retailing interests in Ireland and the southwest of England. The Johannesburg-stockmarket-listed group owns 80% of BWG Spar and operates chains in Ireland and England, under its Spar Ireland division.

Farmers welcome early roll-out of GLAS payments

Thu, 11/15/2018 - 06:06
Farmer groups have welcomed the timely roll-out of GLAS scheme payments to 33,000 participants, adding that it is essential that the remaining 16,000 farmers are also paid without delay.

Former trader behind UK’s biggest banking fraud deported to Ghana

Wed, 11/14/2018 - 21:14
Kweku Adoboli was placed on a Kenyan Airways flight on Wednesday, friends said.

Film producers deny claims they allegedly diverted €40-€50m from company

Wed, 11/14/2018 - 18:05
A German film company has claimed that two well known Irish film producers allegedly diverted between €40m and €50m funds out of a film production company to either themselves personally or corporate entities controlled by them.

Peat extraction firm says orders sought by EPA will close its business

Wed, 11/14/2018 - 17:03
A peat extraction company has told the High Court its business faces closure if the Environmental Protection Agency gets injunctions aimed at halting the firm's wet peat extraction activities in the midlands.

IMF warns of 8% GDP fall if UK does not agree Brexit deal

Wed, 11/14/2018 - 17:01
Managing director Christine Lagarde said a no-deal scenario would have a ‘very large cost’.

Businessman given no further time to sell Meath properties, court rules

Wed, 11/14/2018 - 15:53
A businessman "afforded extraordinary latitude" to sell property to pay off a €1.8m debt to a bank has been refused any more time to organise a sale by the High Court.

An Post launch 'In-Flight' delivery options ahead of busy Christmas period

Wed, 11/14/2018 - 15:44
Black Friday is set to kick-off the busy festive period for online shopping and parcel delivery with An Post preparing for its busiest Christmas ever.