http://www.independent.ie/business/irish/ http://www.independent.ie/business/irish/ulster-bank-ready-to-resume-lending-for-commercial-real-estate-deals-29279356.html http://www.independent.ie/business/irish/ulster-bank-ready-to-resume-lending-for-commercial-real-estate-deals-29279356.html ULSTER Bank is to re-enter the commercial property market with a limited appetite to advance new real estate loans and so-called vendor finance to bidders for the bank's own property-backed assets, the Irish Independent has learnt. Irish Mon, 20 May 2013 04:00:02 +0100 http://www.independent.ie/business/irish/elan-to-acquire-two-pharmaceutical-firms-in-first-phase-of-expansion-29280090.html http://www.independent.ie/business/irish/elan-to-acquire-two-pharmaceutical-firms-in-first-phase-of-expansion-29280090.html Elan will still have $1.2 billion of cash left to spend if shareholders approve its first package of acquisitions announced this morning, chief executive Kelly Martin said. Irish Mon, 20 May 2013 08:37:11 +0100 http://www.independent.ie/business/irish/marks-and-spencer-the-latest-firm-to-come-into-uk-tax-spotlight-for-using-irish-arm-in-billing-29280155.html http://www.independent.ie/business/irish/marks-and-spencer-the-latest-firm-to-come-into-uk-tax-spotlight-for-using-irish-arm-in-billing-29280155.html Marks & Spencer has become the latest company to be embroiled in the UK controversy over tax practices following reports it uses an Irish subsidiary to bill European sales. Irish Mon, 20 May 2013 09:04:43 +0100 http://www.independent.ie/business/irish/eircom-to-bring-yield-down-from-925pc-in-next-round-of-bond-deals-29279360.html http://www.independent.ie/business/irish/eircom-to-bring-yield-down-from-925pc-in-next-round-of-bond-deals-29279360.html EIRCOM will pursue more bond deals in order to reduce a potential financing cliff in 2017, but management expects the 9.25pc price paid to borrow this month was a one-off. Irish Mon, 20 May 2013 04:00:02 +0100 http://www.independent.ie/business/irish/us-senate-to-quiz-apple-on-profits-as-irish-tax-rules-back-under-spotlight-29279358.html http://www.independent.ie/business/irish/us-senate-to-quiz-apple-on-profits-as-irish-tax-rules-back-under-spotlight-29279358.html IRELAND'S tax rules for multinational corporations will be back in focus tomorrow when a powerful US Senate committee questions the head of technology giant Apple on its offshore assets. Irish Mon, 20 May 2013 04:00:02 +0100 http://www.independent.ie/business/irish/mortgage-lending-slumps-twothirds-in-first-quarter-29281138.html http://www.independent.ie/business/irish/mortgage-lending-slumps-twothirds-in-first-quarter-29281138.html THE rate of mortgage lending fell by two thirds in the first three months of the year - in terms of the number of loans and the amount borrowed. Irish Mon, 20 May 2013 15:15:28 +0100 http://www.independent.ie/business/irish/billionaire-investor-wilbur-ross-calls-stake-in-bank-of-ireland-best-investment-29280538.html http://www.independent.ie/business/irish/billionaire-investor-wilbur-ross-calls-stake-in-bank-of-ireland-best-investment-29280538.html Billionaire US investor Wilbur Ross has called his almost 10pc stake in Bank of Ireland shares as his best investment since the financial crisis. Irish Mon, 20 May 2013 12:04:00 +0100 http://www.independent.ie/business/irish/ryanair-shares-gain-over-6pc-to-record-highs-on-forecastbeating-results-29280501.html http://www.independent.ie/business/irish/ryanair-shares-gain-over-6pc-to-record-highs-on-forecastbeating-results-29280501.html  RYANAIR posted forecast-beating full-year earnings on Monday, buoyed by strong growth in fares and a sharp rise in charges for items such as baggage and in-flight refreshments. Irish Mon, 20 May 2013 11:49:56 +0100 http://www.independent.ie/business/irish/union-wants-old-ibrc-redundancy-terms-reinstated-29279363.html http://www.independent.ie/business/irish/union-wants-old-ibrc-redundancy-terms-reinstated-29279363.html THE main bank workers' union at IBRC has said the delay in liquidating the former Anglo Irish Bank has strengthened its case for redundancy terms to be reinstated for staff. Irish Mon, 20 May 2013 04:00:02 +0100 http://www.independent.ie/business/irish/kielty-laughs-all-way-to-the-bank-with-900k-profits-29279362.html http://www.independent.ie/business/irish/kielty-laughs-all-way-to-the-bank-with-900k-profits-29279362.html FUNNYMAN Patrick Kielty is laughing all the way to the bank as accumulated profits at his entertainment firm increased by 18pc to nearly €900,000 last year. The Co Down native shot to fame in the UK and in Ireland as a comedian in the 1990s and was once tipped to present RTE's flagship 'Late Late Show'. Irish Mon, 20 May 2013 04:00:02 +0100 http://www.independent.ie/business/irish/discovering-ireland-is-the-key-to-thriving-game-maker-29277958.html http://www.independent.ie/business/irish/discovering-ireland-is-the-key-to-thriving-game-maker-29277958.html STORIES told by tourists about sheep on the road proved to be the inspiration for a board game business set up by Cork woman Mary Gosling and her British husband Graham 25 years ago. Irish Sun, 19 May 2013 04:00:02 +0100 http://www.independent.ie/business/irish/ray-nolan-backs-new-xsellco-online-startup-29277938.html http://www.independent.ie/business/irish/ray-nolan-backs-new-xsellco-online-startup-29277938.html Ray Nolan, the internet entrepreneur who sold WRI for more than €200m in 2009, is back with a brand new venture, XSellco, that he hopes will bust open the Amazon and eBay trading market. Irish Sun, 19 May 2013 04:00:02 +0100 http://www.independent.ie/business/irish/irish-inventors-seek-to-create-the-shining-hitech-city-of-the-future-29277945.html http://www.independent.ie/business/irish/irish-inventors-seek-to-create-the-shining-hitech-city-of-the-future-29277945.html Irish and international companies including Intel, Glen Dimplex, SAP and ESB are brainstorming amazing new stuff together that will shape our future. Irish Sun, 19 May 2013 04:00:02 +0100 http://www.independent.ie/business/irish/utv-beats-off-a-massive-shareholder-revolt-against-directors-pay-levels-29277940.html http://www.independent.ie/business/irish/utv-beats-off-a-massive-shareholder-revolt-against-directors-pay-levels-29277940.html The blazing rows and intrigue on Coronation Street are merely a sideshow when compared with shareholder dissent at ISEQ-listed broadcaster UTV. Irish Sun, 19 May 2013 04:00:02 +0100 http://www.independent.ie/business/irish/exbank-boss-in-line-for-11m-bonus-29277941.html http://www.independent.ie/business/irish/exbank-boss-in-line-for-11m-bonus-29277941.html Cormac McCarthy – the former boss of Ulster Bank, which lost over €17bn – has been awarded a €1.1m share bonus in listed bookie Paddy Power subject to hitting certain targets. Irish Sun, 19 May 2013 04:00:02 +0100 http://www.independent.ie/business/irish/exbeef-baron-phelan-wins-1bn-african-energy-contract-29277942.html http://www.independent.ie/business/irish/exbeef-baron-phelan-wins-1bn-african-energy-contract-29277942.html Paschal Phelan has scored his second €1bn deal with the South African government through his Cape Town-based energy company. Irish Sun, 19 May 2013 04:00:02 +0100 http://www.independent.ie/business/irish/dragons-venture-fund-gets-behind-new-classy-and-sophisticated-sex-toy-29277952.html http://www.independent.ie/business/irish/dragons-venture-fund-gets-behind-new-classy-and-sophisticated-sex-toy-29277952.html Haxlr8r, a seed venture fund backed by Dragon's Den star Sean O'Sullivan, plans to shake up the sex-toy industry by supporting an earth-shattering new vibrator firm. Irish Sun, 19 May 2013 04:00:02 +0100 http://www.independent.ie/business/irish/bradshaw-to-meet-pac-over-docklands-debacle-29277953.html http://www.independent.ie/business/irish/bradshaw-to-meet-pac-over-docklands-debacle-29277953.html LAR Bradshaw, the former director of Anglo Irish Bank and the embattled Dublin Docklands Development Authority (DDDA), has said he will appear before the Public Accounts Committee to defend his role in the €450m Irish Glass Bottle site debacle. Irish Sun, 19 May 2013 04:00:02 +0100 http://www.independent.ie/business/irish/brandon-links-up-with-former-partners-to-make-fresh-play-in-biotech-sector-29277960.html http://www.independent.ie/business/irish/brandon-links-up-with-former-partners-to-make-fresh-play-in-biotech-sector-29277960.html Three Irish biomedical companies are investing €3m in a new joint venture to make the chemicals required to make biodegradable human implants. The joint venture reunites Alltracel founder Gerry Brandon, who runs chemicals maker Cellulac, with his former colleague there Tony Richardson, who is now chief executive of AIM-listed clinical research organisation Venn Life Sciences. Irish Sun, 19 May 2013 04:00:02 +0100 http://www.independent.ie/business/irish/98fm-chief-is-third-communicorp-executive-to-quit-radio-in-six-months-29277959.html http://www.independent.ie/business/irish/98fm-chief-is-third-communicorp-executive-to-quit-radio-in-six-months-29277959.html The chief executive of 98FM, Chris Doyle, has announced his departure, taking to three the number of radio bosses who have tuned out of Communicorp in six months. Irish Sun, 19 May 2013 04:00:02 +0100 http://www.independent.ie/business/irish/dracula-horror-as-north-lures-70m-movie-from-ardmore-29277950.html http://www.independent.ie/business/irish/dracula-horror-as-north-lures-70m-movie-from-ardmore-29277950.html THE Paul McGuinness-backed Ardmore Studios is examining whether the loss of UIP's $70m (€55m) budget blockbuster Dracula to Northern Ireland may have been as a result of unfair state aid. Irish Sun, 19 May 2013 04:00:02 +0100 http://www.independent.ie/business/irish/collisons-all-set-to-roll-out-stripe-in-ireland-29277956.html http://www.independent.ie/business/irish/collisons-all-set-to-roll-out-stripe-in-ireland-29277956.html Stripe, the US payments company started by multimillionaire Limerick brothers, is set to open for business in Ireland. Irish Sun, 19 May 2013 04:00:02 +0100 http://www.independent.ie/business/irish/smurfit-made-killing-trading-irish-bonds-during-crisis-29277955.html http://www.independent.ie/business/irish/smurfit-made-killing-trading-irish-bonds-during-crisis-29277955.html Packaging tycoon Michael Smurfit has made a fortune on Irish government bonds after putting his money into these investments when most people ran scared of them. Irish Sun, 19 May 2013 04:00:02 +0100 http://www.independent.ie/opinion/columnists/shane-ross/pac-draws-blood-from-top-cop-29277948.html http://www.independent.ie/opinion/columnists/shane-ross/pac-draws-blood-from-top-cop-29277948.html 'What the xxxx," asked the wag on Twitter, "is Sir Alec Guinness doing at the Dail's Public Accounts Committee?" Shane Ross Sun, 19 May 2013 04:00:02 +0100 http://www.independent.ie/business/irish/anglo-irishs-legal-row-with-glen-dimplex-boss-29277961.html http://www.independent.ie/business/irish/anglo-irishs-legal-row-with-glen-dimplex-boss-29277961.html THE ante was upped last week in the legal row between Sean O'Driscoll and the former Anglo Irish Bank, after its special liquidator KPMG served proceedings on the Glen Dimplex boss seeking €1.8m. Irish Sun, 19 May 2013 04:00:02 +0100