Driven by institutional investors and facilitated by new technologies, property has become a new financial asset for the post-crisis era. But this has imposed a human and societal cost – one that Dermot Desmond is now railing against as he seeks to propose remedies to Ireland’s housing crisis.
The fall out from the sudden closure of high-end retailer Fallon & Byrne’s Rathmines continues, with former landlords issuing High Court proceedings seeking summary judgement.
Billionaire financier Dermot Desmond claims the publication of the Panama Papers wrongly linked him to rogue transactions and breached his privacy. A looming High Court battle will test Ireland’s embryonic privacy laws, as well as journalistic privilege.
Last Wednesday was the funeral of a great Irish-American whose story is little known. An investment banker who was near the top of the legendary Allen & Co, Walter O'Hara Jr was a champion of American investment in Ireland who had many links to here.
Irish banks are wasting away, along with the rest of the European banking industry. ECB regulation is a big part of the problem. When banks can't make money from lending, that's bad for shareholders, the economy, and eventually the taxpayer.
Mapping Multinationals: Exit the double Irish, enter the green jersey. Following into the footsteps of Apple, US-based tech multinationals incentivised by shifting tax rules have been accelerating onshorings of intangible assets here.
Investment into Local Enterprise Office clients increased from €18.2 million in 2018 to €20 million in 2019.
Michael O’Dwyer got the idea for his business as a young engineer ridding Dublin’s sewers of grease and fat. He now leads an exciting startup that has just closed a new fundraising round with big-name backers.
Former Taoiseach John Bruton fears 2020 could be a bruising and divisive year for Europe as Brexit talks gear up again. No matter. He is on a trade mission to champion Ireland as a legal services hub and to exploit the spoils of the UK’s withdrawal.
Accountancy firm Deloitte has been mandated to sell two of digital publisher’s Maximum Media’s non-core brands. A teaser document has been circulated to potential buyers of these brands. Joe Media, which owns its British business Joe.co.uk, continues to trade strongly.
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