Top Stories

The connections that turned a precocious teen into the fallen ‘Nostradamus of AI’

A 24-year-old investor was hailed as a visionary and attracted billions—before turning into Wall Street’s latest cautionary tale, write Berber Jin, Ben Cohen and Anissa Gardizy, The Wall Street Journal.

Bonded: The unravelling of a whiskey facility in Meath

A developer, a contractor, a Scarp process, and an unpaid performance bond. How a "high risk" deal for a whiskey maturation facility in Meath led to a legal showdown with an insurer that refuses to pay up.

After failed tenders and stopgaps, has Dublin’s Housing First scheme found a way forward?

Dublin’s homeless contracting woes come to an end as two new charities are signed up to provide housing support in the capital. The Peter McVerry Trust, however, is not fully out of the picture.

Founded in 2003, Micksgarage is being sold to one of the world’s biggest car parts companies

The proposed new buyer of Micksgarage is listed on the New York Stock Exchange with a market capitalisation of $18.8 billion.

Investors are snapping up shabby hotels and whipping them into shape

Hotel sales rose 28% in the first half of the year; more owners are selling to buyers who will spend on necessary upgrades, writes Will Parker, The Wall Street Journal.

The world’s craziest stock market has turned into a fright ride

A slow-motion collapse in South Korea’s Kospi index erased $2.5 trillion in market value, burning investors who bet on the AI boom, writes Jiyoung Sohn, Sooyoung Rhee and Jack Pitcher, The Wall Street Journal.

Anatomy of a block: How The Hoxton embodies hotel pressure on Dublin’s nightlife

Acquired by private equity in 2019 and mired in a high-profile legal battle, the story of the building that once housed the Central Hotel reveals much about the financial machinations changing the capital's streets.

Fire risks, mould, and other health and safety concerns flagged at major refugee centres

While the latest Ipas inspection points to a largely well-run private accommodation system, systemic issues persist at a significant number of large properties in receipt of hundreds of million of euro in State support.

Top Voices

John Looby: Ignore the noise – there is little new in finance

New technology, new personalities and new financial instruments can create the illusion of change. But beneath the surface, finance remains driven by the same old forces — and the same old mistakes.

Stuart Fitzgerald: Lessons from Brexit Britain show in economic data from both sides of the Irish Sea

Ireland may not have any intergalactic space warriors, but it still has growth.

Watchdog barks, Government spends, multinationals pay – for now

Spending €1bn a year on petrol and diesel subsidies is a lot, but this is just one of several billion-euro levers the Government has access to in the lead up to the budget – unless Ireland finally loses its immunity from successive international crises.

Ronan Lyons: Ireland’s rental crisis is no longer a Dublin problem

The capital has seen the slowest rental inflation in Ireland over recent years. That should be good news. Instead, it shows how badly the rental crisis has spread beyond Dublin.

Mike Ashley’s Irish playbook: Rewinding the week that was 

Six years ago, Ashley’s Irish operation was losing €19.4m. Its latest accounts show €229m in revenue and a €48m pre-tax profit. The journey tells the story of Ashley’s Irish playbook.

Rassie Erasmus did not invent rugby. But he is changing what is possible

South Africa's head coach has led the way in recent innovative thinking. His Springboks team now takes on the All Blacks in four Test matches and the rugby world will be keen to see what he comes up with next.

Thomas Hubert: Social media platforms won’t tackle dangerous driving, but car makers could

There are countless ways existing vehicle technology can override dangerous drivers. Cars should no longer be sold without it.

Dan O’Brien: Employment is the best measure of the economy – and the reading is good

The impact of AI on jobs appear to be slight and slow – for now. Competition for workers between employers in the growing construction and hospitality industries is a bigger factor shaping Ireland's economy.