Category Business

Scandinavian developers Pandox AB and Eiendomsspar AS have jointly made a bid to acquire Ireland’s largest hotel group Dalata for €1.3 billion. Dalata operates 55 hotels under the Maldron and Clayton brands, primarily in Ireland and the UK, with plans…

The Marks and Spencer chief executive’s pay has risen significantly to £7.1 million (€8.4 million) after he led the retailer as it dealt with the aftermath of a devastating cyber attack. Stuart Machin, who will be CEO of the retail…

Czech energy company EPH, backed by Daniel Kretinsky, and Japanese trading company Itochu are expected to submit preliminary bids for Irish utility Energia Group, according to two people familiar with the matter. Other potential candidates include investors Ardian, Asterion and…

Ryanair CEO Michael O’Leary is targeting more than €100 million in share bonuses. The company’s long-time leader was given the option to exercise stock options after the Dublin-based firm’s shares hit a six-year target. The low-cost carrier’s shares have met…

Billionaire John Magnier has told the High Court that a cross-examining lawyer “tried to paint me in a negative light” in a trial in which he claims he negotiated the purchase of land in County Tipperary that ultimately fell through…

The record high levels of optimism among Irish small and medium-sized enterprises (SMEs) seen a few months ago have returned to more average levels as the shock of the US announcement of high tariffs and subsequent shutdowns has created further…

The Irish subsidiary of logistics giant DHL saw its pre-tax profit rise 13 percent last year to €9.48 million. DHL Express (Ireland) Ltd reported a profit increase last year, with revenues up 9 percent from €171.98 million to €188.14 million,…

Boots Ireland has admitted it broke pricing laws during its 2023 Black Friday sale, leading to an investigation by the Competition and Consumer Commission (CCPC). The retail giant appeared before Judge Anthony Halpin at Dublin District Court on Monday in…

Donald Trump announced that the introduction of a 50 percent tariff on EU imports to the US has been postponed from June 1 to July 9 after a conversation with European Commission President Ursula von der Leyen. Speaking to reporters…

US President Donald Trump has once again stepped up his trade threats, targeting both smartphone maker Apple and imports from Ireland and other European Union countries. The move sparked jitters in global markets on Friday after weeks of easing tensions…