Fyffes’ offshoot, Total Produce, took over US-based Dole Foods last year to create a new global supplier.  Photograph: Alex Tai/Sopa  Images/LightRocket

Executive chairman Carl McCann says company pleased with first-quarter results

Founder and chief executive Philip Martin said it invested €10m  in its people and products during the pandemic

Firm seeks new staff in Ireland and US after winning €60m worth of new business

Corre  is building a green hydrogen production and storage facility in Denmark that will use wind-generated electricity. Photograph: Getty Images

Dublin-listed company hopes to cash in one EU’s drive for renewables

An Bord Pleanála has given the go-ahead to a proposed €1 billion electricity power line linking the Republic with France. Photograph: iStock

Power line from Cork to Brittany will carry 700 megawatts of power in both directions

The Irish backers put their cash into Arclight’s Spanish project either directly or through their pension funds in 2008. Photograph: Getty Images

Green energy developer Arclight selling electricity plants in deal valued at €68m

Some 14 wind farms won contracts in Eirgrid’s latest energy auction. Photograph:  Neil Hall/EPA

Some 80 projects won contracts with a guaranteed price for power

New York-based Cerberus was one of the biggest buyers of Irish property debts as the Republic and its banks grappled with the long-term consequences of a 2008 crash. Photograph: iStock

Figures emerge in documents filed with the companies office for three Cerberus entities

The Government is due  to publish the Gambling Regulation Bill, which will establish a commission to oversee betting businesses. Photograph: iStock

Oireachtas committee demands fines and revoked licences for rule breaches

Irish air travel’s recovery is poised to continue gaining altitude in coming months.  Photograph: Leon Farrell / RollingNews.ie

Airlines that survived the pandemic intact now have a greater share of the market

Dublin Airport is seeking a passenger charge increase to €14.58 in 2026 from €8.50 currently. Photograph: Colin Keegan/Collins

Covid-19 has completely changed assumptions current charges are based on, DAA says

Brian Gaynor founded Milford Asset Management in 2003. The company employs 170 workers and manages assets worth €9 billion. Photograph: Milford Asset Management

Brian Gaynor seen as one of the most influential figures in the country’s financial services

AerCap chief executive Aengus Kelly, said the company continued to see a broad recovery in world air travel as governments eased Covid restrictions.  Photograph: Dara Mac Dónaill / The Irish Times

Dublin-based lessor has filed insurance claims for aircraft and engines subject to sanctions against Russia

Urbanvolt finances and installs solar panels for industries, selling the electricity generated to them at a 30 per cent discount to traditional power suppliers. Photograph: Eloi Omella/Getty Images

‘Transformational’ loan will allow green energy supplier meet fast-growing demand

About a third of all food produced in the world is wasted every year. Photograph: Getty

Irish homes dump about 55kg of edibles every year, report finds

Dublin-based SMBC will emerge as the world’s second-biggest aviation lessor if its acquisition of rival Goshawk receives regulatory approvals. Photograph: iStock

Deal would make the enlarged SMBC group second biggest lessor in the world

Ryanair chief executive officer Michael O’Leary. Photograph:  Horacio Villalobos/Corbis

Ryanair profit after tax must reach €2bn by 2024 for CEO to cash in his stock

Rail passengers face another year without on-board catering on intercity trains within the Republic, Iarnród Éireann said on Monday. Photograph: Getty.

Staff problems and rising costs left contractor Railgourmet unable to re-open bar and snack services

The Irish carrier earned €4.8 billion revenue during the year

Airline loses €355m in last financial year as boss warns recovery ‘too fragile’ for predictions

Dalton Philips, who has announced he is stepping down as  chief executive of airports group DAA to take over a siimlar role at Greencore. Photograph: Jon Enoch

Philips to replace Patrick Coveney as chief executive of convenience foods producer

The company blamed last year’s sharp rises in energy, carbon credit and raw materials costs for the fall in earnings.  Photograph: Getty

Company, formerly known as Quinn Industrial Holdings, blames sharp rise in costs

Cairn Homes is on target to deliver profits of €100 million this year, the company says. Photograph: Chris Ratcliffe/ Bloomberg

House builder expects construction inflation of 6%

 Timber-frame houses take three to five months to build, against eight to 12 months for conventional homes, Forest Industries Ireland said

Greenhouse gas emissions could also be cut by move to timber homes, industry body says

Government Covid-19 curbs left Shannon Airport’s passenger numbers trailing pre-pandemic totals by almost 80%  last year

Revenues at the company grew 18% to €40.5m

Ryanair Holdings climbed 2.36 per cent to €13.655. Photograph: iStock

Oil stocks rise on expected Chinese demand, and Ryanair gains signal good year for travel

Ryanair asked the European courts to overturn a European Commission decision to allow the German government to lend a German airline €550 million in April 2020 for damage done by Covid flight cancellations. Photograph:

German government lent €321m to Condor during Covid-19 crisis

Legato’s research and development centre will help identify individual and wider risks that could require medical intervention.

Data analyst seeks software engineers and scientists to bring workforce to 200

Killowen is best-known for the yogurt the Co Wexford farm makes from milk produced by its own cows, which it exports as far away as Hong Kong, Malaysia and Singapore.

Company best known for yogurt made from milk produced by its own cows

The State ended last month more than €1 billion in the red for the year so far, despite a €5 billion boost to taxes, official figures show.

Exchequer returns shows gap is narrowing on deficit of €7.6bn posted in 2021

Ryanair broke the 90 per cent load threshold last month for the first time since Covid-19 grounded travel two years ago. Photograph:  Alberto Pizzoli/AFP/Getty Images

Airline breaks 90% load threshold for first time since Covid crisis struck

The US business of Paddy Power owner, Flutter,  accounted for more than half of group revenues in the first quarter,  chief executive Peter Jackson said. Photograph Nick Bradshaw

Winning results for punters hit Irish and UK business as overall turnover advances

The cost of timber will increase by another 9.3 per cent this year to €106.80 a metre, says Linesight. Photograph: Alan Betson

Inflation will affect plans for data centres and life sciences projects, say surveyors

Insulation specialist Kingspan tumbled 4.38 per cent to €85.16. Photograph: Adrian Sherratt/Construction Photography/Avalon/Getty

Kingspan retreats as Bank of Ireland stays put

Air travellers face higher fares as the aviation industry shoulders its share of the climate change burden, experts warn.

New technology to cost more money which will ‘trickle down’ to customers

Chief executive Dómhnall Slattery said Avolon was making every effort to recover the planes. Photograph: Dan Kitwood/Getty

Lessor regards aircraft as having been stolen as Russian carriers not paying rent for them

Dublin 2, on the city’s southside, is home to shopping and business centres including Grafton Street, above, and Baggot Street, and St Stephen’s Green.

Only one investment property changed hands in the area during first three months of year

‘Firms also reported a further lengthening in delivery times for supplies owing to multiple factors.’ Photograph: Alan Betson

Price of goods made in State has risen every month since October 2020 – AIB report

Crowds in Dublin’s Temple Bar on St Patrick’s Day 2022.  Photograph: Sam Boal/RollingNews.ie

Republic, UK and Poland seeing Europe’s biggest recovery in hotel occupancy

‘We availed of Government cash-flow supports for the period when those supports were needed, and the business qualified,’ said managing director Tony Hughes. Photograph: iStock

PR company received Government pandemic supports during period, says MD

There was some easing in Irish timber supply bottlenecks caused by delays in the Department of Agriculture issuing licences. Photograph: Getty

War in Ukraine exacerbating soaring inflation of energy and materials such as steel

Businessman Philip Lynch. Photograph: Eric Luke

Regulator found that Lynch used inside information to buy shares in C&C

Eamon Brennan, director general of air traffic control body Eurocontrol, noted that oil had spiked to $152 (€144) a barrel as a consequence of Russia’s invasion of Ukraine. Photograph: iStock

Many airlines not viable at oil prices above $100 per barrel, event hears

Flutter chief executive Peter Jackson’s basic pay rose by 26 per cent to £1.17 million (€1.4 million) last month

Betting company raises chief executive’s pay by 26% to €1.4m

 Masked passengers at Dublin Airport: The Government was slower than all other EU states to reopen for travel last year. Photograph: Colin Keegan

Republic and EU states request own airline passengers wear masks on board aircraft

Blackpool Shopping Centre in Cork was sold to US investor Varde Partners in 2014 for €116 million

Company sold Blackpool Shopping Centre in Cork in 2014 to clear liabilities to Nama

It was a difficult day for listed airlines as worries about oil and inflation conspire to drag the sector down. Photograph: Alex Kraus/Bloomberg

Twitter and Tesla lose ground as US tech sector stumbles

TakeTwo has taken  over Cork-based CorporateTravel.ie. Photograph: Getty

Company provides specialised travel services to businesses and high-net-worth individuals

Air travel businesses have agreed a temporary solution with gardaí on extra security checks on staff that threatened to slow much-needed recruitment

New law demands enhanced background checks on new recruits and around 40,000 existing airline and airport workers

Irish-owned UK builder Durkan Homes is scrutinising homes it has built  for possible safety problems because of issues that emerged following the Grenfell tragedy. Photograph: Niklas Halle’n/AFP/Getty Images

Irish-owned UK construction business says operating margins ‘healthy’ despite inflation

A cabin crew strike prompted Ryanair to cancel an unconfirmed number of flights from Belgian airports this weekend. Photograph: Nick Potts/PA

Irish airline to operate more than half scheduled trips from Brussels and Charleroi

Construction inflation hit 8.4 per cent in the first half of 2021, before taking a further leap over the closing six months of the year.

Price volatility in insulation, cement, plasterboard, metals and fuel driving inflation

Ryanair hit a high of €15.385 during a day when its competitors’ stocks rose at similar rates

Ryanair soars 5% as bullish forecasts from US carriers help aviation stocks take off

State forestry agency, Coillte, plans to add 100,000 hectares of forestry in coming years, an increase of 22 per cent

State agency targets climate goals and tourism while boosting supplies for residential construction

Cairn’s application is for 377 apartments laid out in six blocks ranging from three to nine storeys

Developer looks to move from approved student accommodation proposal to providing build to rent apartments on landmark site

Building materials giant and index heavyweight CRH surged 5.84 per cent to €38.625 after predicting that sales and profits would continue growing this year

CRH drives 2% rise on Iseq as banks edge up

A collective agreement governing cabin crews pay and conditions between Ryanair and two unions in Belgium that dated back to 2019 expired at the end of March. Photograph: Chris Radburn/PA Wire

Negotiations about new collective agreement for cabin crew failed to produce deal

Irish Distillers is shortly expected to release the third chapter of Midleton Very Rare Silent Distillery. File photograph: Getty

Collectors fork out €48,000 and €46,000 for Midleton vintages released in 2020 and 2021

Kingspan confirmed late on Monday that it had exited the Russian market and sold its business there to local management. File photograph: The Irish Times

Ukraine invasion: Kerry Group shelves operations in Russia and neighbouring Belarus

Former Munster rugby player Johne Murphy and trainer Joseph O’Brien of Thoroughbred Racing Syndicates: Business started in 2021 with €550,000 backing from investors looking to cash in on a dip in bloodstock prices. Photograph: Tony Gavin

Horseracing venture with US investor would enable access to high-end bloodstock market

Knight Frank calculates that 75 per cent of the offices due to be built in Dublin this year were already let. Photograph: iStock

Student accommodation blocks, apartments and warehouses contribute to a strong quarter

Michael Carvill has been managing director of Kenmare since 1986. Photograph: Dara Mac Dónaill

Interview: Managing director Michael Carvill oversaw move of entire factory in Mozambique

Traders work on the floor of the New York Stock Exchange: the main indices are on course for their worst quarter since the pandemic crash in 2020. Photograph: Justin Lane/EPA

Energy costs continue to weigh on building material and airline shares

Construction Industry Federation (CIF) director says Minister has asked the Office of Government Procurement to come back with firm proposals to tackle the problem by next week. Photograph: Chris Ratcliffe

Industry group meets Minister to discuss issues workers on State contracts face

Vertical, in which Avolon is an investor, hopes European safety regulators will approve its VX4 Evtols by 2024/2025.

Avolon confirms Turkish player Gözen will lease or buy 50 VX4 Evtol aircraft from it

Airlines began restoring many of Shannon’s routes from late last year. Photograph: iStock

Businessman to become State company’s third chairperson since 2020

King Abdulaziz International Airport in Jeddah has a capacity for over 46 million passengers a year. Photograph: Amer Hilabi/AFP

Irish company recently won contract to manage a new airport at Saudi Arabia’s Red Sea development project

The New York Stock Exchange at Wall Street in New York. The S&P 500 and the Nasdaq both fell on Friday. Photograph: Angela Weiss/AFP via Getty

Market dominated by €1bn offer for Hibernia Reit

SSE Renewables intends building a wind farm on the Arklow Bank off Co Wicklow capable of supplying almost 850,000 homes with power.  Photograph: iStock

Energy group confirms it intends seeking a marine area consent under a new regime announced by the Government this week

Kenmare chief executive Michael Carvill: he said demand and prices continued growing in the opening three months of this year

Mining company says prices were on average 21% up on the previous year

Roadbridge has built motorways, wind farms, factories and data centres around the Republic

Concerns for the company, which could owe at least €40m, had been growing

Speculation grew on Thursday that efforts to rescue building group Roadbridge could fail, sparking fears for the future of around 1,000 construction jobs.

Company owes an estimated €30m to €35m to Bank of Ireland

Trade unionists representing 450 Aughinish Alumina workers are watching developments after the UK sanctioned Oleg Deripaska, a Russian shareholder in the aluminum refiner.

‘No reason why the plant can’t continue to operate, Department of Business says

Irish farmers import 600,000 tonnes of fertiliser a year

Fertiliser costs have spiked this year amid war in Ukraine and rise in gas charges

Mitchell McDermott calculates  inflation last year added €26,876 to the cost of building a mid-range two-bedroom apartment, bringing the construction bill alone to €219,000.

Project managers say forcing builders to sell 40% of dwellings renders scheme unviable

The proposed new gambling regulator should oversee the National Lottery along with betting businesses, politicians have been told. File photograph: The Irish Times

New Gambling Regulation Bill proposes authority to licence and regulate betting businesses

Stephen Garvey, Glenveagh chief executive, dubbed 2021’s performance ‘excellent’. Photograph: Damien Eagers

Stephen Garvey spoke after Glenveagh Properties said it earned pre-tax profits of €46m last year

Sullom Voe  oil and gas terminal in the Shetland Islands.  Ireland imports gas from Scotland via a pipeline. Photograph: Adrian Dennis/AFP

Industry figures estimate that price of gas could double with rationing a looming risk

Atlantic Aviation Group chief executive Shane O’Neill. Photograph: Eamon Ward

CEO of aircraft maintenance firm believes takeover of Shannon hangar was ‘best possible outcome’

Cairn confirmed its operations earned a €58.4 million profit last year from selling 1,120 new homes for a total of €424 million. Photograph: Nick Bradshaw

Planning system unlikely to settle down for two years, Cairn Homes chief executive says

In 2019 Dublin Airport  handled a record 32.9 million passengers. Photograph:  Artur Widak/NurPhoto

Works will upgrade pavement, drainage and electrical systems

A computer-generated image of the development planned for the Milltown Park site by Sandford Living

Decision could spark legal action over controversial apartment scheme

Flutter chief executive Peter Jackson, said the group was ‘exceptionally well positioned’ for future growth. Photograph: Nick Bradshaw

Results favouring punters and €111m spent on ‘safer gambling’ contribute to €345m fall in profits

Energy supplier Airtricity paid a €115 million dividend to its owner, part of London-listed SSE, last year, according to its latest accounts. Photographer: Chris Ratcliffe/Bloomberg

Another SSE company writes down value of Wexford power plant by €69.4m

Aer Lingus  is hiring 500 workers between cabin crew and ground handlers in coming weeks as it prepares to boost operations for summer. Photograph: Cyril Byrne

Aer Lingus says plans to hire 500 staff for summer season depend on Garda clerance

Aer Lingus lost almost €1m a day through 2020 and 2021. Photograph: Tom Honan

Airline expects to offer 90% of pre-pandemic seat by the summer

Bel Cibo is part of Egan Hospitality group. Photograph: Dara Mac Donaill

Blake claims Bel Cibo breached copyright by reprinting image without permission

Private coach companies claim   the €54 million taxpayer funding for the cuts benefits State-owned Bus Éireann and Dublin Bus, but not routes operated by CTTC members.

CTTC wants funding for the 20 per cent discount scheme extended to its members

Traders work on the floor of the New York Stock Exchange. Wall Street swung between losses and gains as Ukraine declared an emergency. Photograph: Spencer Platt/Getty Images

A number of big names suffer on Irish market amid uncertainty over Ukraine

A computer-generated image of the development planned for the Milltown Park site by Sandford Living

Dublin City Council asked by advisers for Sandford Living to rectify Z15 zoning

Trade between the Republic and Russia includes more than half a million cases of whiskey exports. Photograph: iStock

Ibec warns biggest impact could come indirectly through higher commodity prices

Public debt increased by €33 billion during the Covid-19 pandemic. Photograph: iStock

Pandemic spending boosts States’s liability by €33 billion to €237 billion

The new Ryanair staff will train at a centre in Santry, Co Dublin, where the airline has its headquarters. Photograph: Jason Alden/Bloomberg

Carrier is planning busiest ever summer schedule from Dublin and plans to base a 33rd aircraft there

Kilshane Energy sought permission from Fingal County Council in Dublin last year to build a power plant capable of providing enough electricity almost 300,000 homes. Photograph: Alan Betson/The Irish Times

Fingal County Council says application was short on information

The EU introduced the new enhanced checks to counter terrorist threats to civil aviation.  Photograph: iStock

Airlines fear extra background checks on workers could slow recruitment process

Motorists are paying an average of 177.3 cent a litre for petrol, against 133.8 cent in February 2021. Over the same period diesel prices rose to 167.6 cent a litre from 124.9 cent. Photograph: iStock

AA survey finds high fuel prices are having ‘significant impact’ on more than eight out of 10 people in the Republic

Ryanair plans to fly 120 times a week across 25 routes, to destinations including favoured holiday locations such as Faro, Lanzarote and Tenerife. Photograph: Paul Faith/AFP via Getty Images

Cork Airport expects more than two million passengers to pass through this year

Aer Rianta International will manage duty-free and duty-paid shops in eight Portuguese airports

DAA subsidiary to run duty-free stores and satellite outlets in eight locations

Shamrock Rovers’ Daniel Mandroiu celebrates with Sean Gannon after scoring a goal in an SSE Airtricity League Premier Division game in  Tallaght Stadium last October. Photograph: Laszlo Geczo/Inpho

Ticket software company predicts opening games will sell out

Builders: squeezed between affordability and viability, according to Linesight. Photograph: iStock

Rising costs add a quarter to price of key materials and will continue for this year

AirAsia has signed a non-binding agreement to lease ‘a minimum’ of 100 VX4 Evtol aircraft  made by new manufacturer Vertical Aerospace. Photograph: iStock

Irish lessor has ordered 500 VX4 Evtol aircraft

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