http://www.independent.ie/business/ http://www.independent.ie/business/irish/providence-oil-find-could-generate-45bn-for-state-says-new-report-29297083.html http://www.independent.ie/business/irish/providence-oil-find-could-generate-45bn-for-state-says-new-report-29297083.html Providence Resources' oil find at Barryroe, off the coast of Cork, could generate taxes of €4.5bn over the life of the well, according to a new report from PriceWaterhouseCoopers. Irish Sun, 26 May 2013 04:00:02 +0100 http://www.independent.ie/business/irish/king-of-porn-sets-up-office-in-dublins-silicon-docks-district-29297081.html http://www.independent.ie/business/irish/king-of-porn-sets-up-office-in-dublins-silicon-docks-district-29297081.html MANWIN, one of the world's biggest porn companies, has opened an office in Dublin after setting up a low-tax intellectual property hub here only six months ago to handle its racy online content. Irish Sun, 26 May 2013 04:00:02 +0100 http://www.independent.ie/business/irish/coulson-seeks-to-sell-400m-stake-before-us-float-29297092.html http://www.independent.ie/business/irish/coulson-seeks-to-sell-400m-stake-before-us-float-29297092.html PAUL Coulson's Ardagh is considering the sale of a €400m stake in the tin can and glass bottle firm ahead of a proposed flotation on US stock markets. Irish Sun, 26 May 2013 04:00:02 +0100 http://www.independent.ie/business/irish/fewer-than-175-people-have-been-able-to-get-a-new-negative-equity-mortgage-29297084.html http://www.independent.ie/business/irish/fewer-than-175-people-have-been-able-to-get-a-new-negative-equity-mortgage-29297084.html ONLY one out of every 1,600 homeowners in negative equity has got the thumbs up for a mortgage over the last year. Irish Sun, 26 May 2013 04:00:02 +0100 http://www.independent.ie/business/irish/former-beef-baron-pursued-by-investors-in-south-africa-29297085.html http://www.independent.ie/business/irish/former-beef-baron-pursued-by-investors-in-south-africa-29297085.html Several investors in colourful Irish tycoon Paschal Phelan's luxury hotel in South Africa say they are owed thousands in unpaid rental income and VAT on their apartments at the complex. Irish Sun, 26 May 2013 04:00:02 +0100 http://www.independent.ie/business/irish/multinationals-are-vital-to-this-economy-so-it-is-essential-that-we-bury-this-tax-haven-myth-29297062.html http://www.independent.ie/business/irish/multinationals-are-vital-to-this-economy-so-it-is-essential-that-we-bury-this-tax-haven-myth-29297062.html IT has been a very challenging few days for Ireland and its recently improved international reputation. Irish Sun, 26 May 2013 04:00:02 +0100 http://www.independent.ie/business/irish/goodbody-puts-155mvalued-towercom-masts-up-for-sale-29297063.html http://www.independent.ie/business/irish/goodbody-puts-155mvalued-towercom-masts-up-for-sale-29297063.html Towercom, the former Eircom masts business that was bought by Goodbody private clients in a €155m deal in 2007, is up for sale, according to sources. "A process is under way," according to an informed source. Irish Sun, 26 May 2013 04:00:02 +0100 http://www.independent.ie/business/irish/slieve-russell-hotel-takes-legal-action-over-bill-for-lavish-quinn-wedding-29297068.html http://www.independent.ie/business/irish/slieve-russell-hotel-takes-legal-action-over-bill-for-lavish-quinn-wedding-29297068.html The Slieve Russell Hotel has begun a legal action against Ciara Quinn in a row over the bill for her lavish 2007 wedding as well as other expenses run up over the years. Irish Sun, 26 May 2013 04:00:02 +0100 http://www.independent.ie/business/irish/skys-the-limit-for-grounded-aviator-and-his-drone-army-29297080.html http://www.independent.ie/business/irish/skys-the-limit-for-grounded-aviator-and-his-drone-army-29297080.html A CORK-BASED Hollywood motion picture photographer has plans to become the Michael O'Leary of a new billion-dollar sunrise industry. Irish Sun, 26 May 2013 04:00:02 +0100 http://www.independent.ie/business/irish/glanbia-staves-off-major-investor-revolt-29297086.html http://www.independent.ie/business/irish/glanbia-staves-off-major-investor-revolt-29297086.html A SEISMIC investor revolt was fought off in Glanbia in the same week that the dairy giant became the first major Irish food company to appoint a woman to the top job. Irish Sun, 26 May 2013 04:00:02 +0100 http://www.independent.ie/business/irish/mums-new-crisps-bite-back-against-unhealthy-snacks-29297088.html http://www.independent.ie/business/irish/mums-new-crisps-bite-back-against-unhealthy-snacks-29297088.html IT was during a family trip to the beach that Cork woman Veronica Kenneally got the idea to set up her own crisps company. Although Veronica had only packed healthy food for the picnic, her toddler daughter still managed to get her hands on a bag of crisps. Irish Sun, 26 May 2013 04:00:02 +0100 http://www.independent.ie/business/irish/declan-ryanbacked-frontline-fund-takes-a-punt-on-orchestrate-startup-29297089.html http://www.independent.ie/business/irish/declan-ryanbacked-frontline-fund-takes-a-punt-on-orchestrate-startup-29297089.html Frontline Ventures, the Dublin technology venture capital firm, has invested in a $3m (€2.3m) seed-funding round for groundbreaking US start-up Orchestrate.io. Irish Sun, 26 May 2013 04:00:02 +0100 http://www.independent.ie/business/irish/sale-of-landmark-chq-building-stalls-29297090.html http://www.independent.ie/business/irish/sale-of-landmark-chq-building-stalls-29297090.html THE sale of the iconic CHQ building in Dublin's docklands has stalled as the process failed to achieve the hoped for €10m price tag, the Sunday Independent has learnt. Irish Sun, 26 May 2013 04:00:02 +0100 http://www.independent.ie/business/irish/bean-baron-with-a-heart-serves-up-60m-cups-of-coffee-a-year-29297078.html http://www.independent.ie/business/irish/bean-baron-with-a-heart-serves-up-60m-cups-of-coffee-a-year-29297078.html DAVID McKernan set up his coffee company, Java Republic, in 1998. Since then, he has become a key player in developing Ireland's thriving coffee culture. Irish Sun, 26 May 2013 04:00:02 +0100 http://www.independent.ie/business/irish/days-of-wine-and-roses-roll-around-in-paddy-mckillens-french-chateau-29297072.html http://www.independent.ie/business/irish/days-of-wine-and-roses-roll-around-in-paddy-mckillens-french-chateau-29297072.html WOW FACTOR: Above, the Frank Gehry-designed glass-topped music pavilion at Chateau la Coste, the French vineyard owned by Paddy McKillen, right MORE TRADITIONAL: The Chateau la Coste Irish Sun, 26 May 2013 04:00:02 +0100 http://www.independent.ie/business/irish/on-the-trail-of-the-elusive-chateau-la-coste-label-29297075.html http://www.independent.ie/business/irish/on-the-trail-of-the-elusive-chateau-la-coste-label-29297075.html Chateau la Coste is one of the most awesome wine-making enterprises in France. Over the last decade, the ancient vineyards have been utterly transformed by the embattled Irish property investor. Irish Sun, 26 May 2013 04:00:02 +0100 http://www.independent.ie/business/irish/elan-shareholders-should-take-the-royalty-money-and-run-29297076.html http://www.independent.ie/business/irish/elan-shareholders-should-take-the-royalty-money-and-run-29297076.html ELAN'S rejection of the latest hostile bid from Royalty as it seeks to construct a "poison pill" through a series of rushed acquisitions smacks of panic. Irish Sun, 26 May 2013 04:00:02 +0100 http://www.independent.ie/business/personal-finance/how-to-move-house-and-hold-on-to-your-tracker-mortgage-29297094.html http://www.independent.ie/business/personal-finance/how-to-move-house-and-hold-on-to-your-tracker-mortgage-29297094.html Although Bank of Ireland now allows people to move house and hold on to their valuable tracker mortgages, there are still many homeowners who will lose their tracker if they move. Personal Finance Sun, 26 May 2013 04:00:02 +0100 http://www.independent.ie/opinion/columnists/brendan-keenan/gdp-or-gnp-its-an-ecumenical-matter-29297060.html http://www.independent.ie/opinion/columnists/brendan-keenan/gdp-or-gnp-its-an-ecumenical-matter-29297060.html WHO now remembers the "Black Hole"? It was a big story in its day. And, like the big story of the moment, it was all about the actions of foreign multi-nationals based in Ireland. Brendan Keenan Sun, 26 May 2013 04:00:02 +0100 http://www.independent.ie/business/tullow-oil-boss-sports-a-53000-watch-29297053.html http://www.independent.ie/business/tullow-oil-boss-sports-a-53000-watch-29297053.html Aidan Heavey, the chief executive of Tullow Oil, has been seen sporting an uber-flash trophy watch to match his lavish bonus pot. Business Sun, 26 May 2013 04:00:02 +0100 http://www.independent.ie/business/world/charity-warns-of-lost-tax-revenues-29294896.html http://www.independent.ie/business/world/charity-warns-of-lost-tax-revenues-29294896.html IRISH charity Christian Aid says developing countries lose around $160bn (€123bn) in tax revenues every year due to multinationals shifting profits to low-tax jurisdictions. World Sat, 25 May 2013 04:00:02 +0100 http://www.independent.ie/business/irish/ntma-to-draw-up-bond-auction-schedule-29294889.html http://www.independent.ie/business/irish/ntma-to-draw-up-bond-auction-schedule-29294889.html Ireland will mark its full return to regular bond auctions later this year, according to National Treasury Management Agency economist Rossa White. Irish Sat, 25 May 2013 04:00:02 +0100 http://www.independent.ie/business/nation-prays-for-recovery-29294880.html http://www.independent.ie/business/nation-prays-for-recovery-29294880.html HERE'S the headline that Bank of Ireland boss Richie Boucher said he expected to see in the newspapers today after he coughed during a presentation in Dublin yesterday and admitted he had a touch of a cold: 'Banker Sick – Nation Prays for Speedy Recovery'. Business Sat, 25 May 2013 04:00:02 +0100 http://www.independent.ie/business/boi-must-ensure-taxpayers-get-return-on-investment-boucher-29294883.html http://www.independent.ie/business/boi-must-ensure-taxpayers-get-return-on-investment-boucher-29294883.html BANK of Ireland boss Richie Boucher has scotched speculation that the institution might need a further cash injection and told Taoiseach Enda Kenny that the bank believes it's "morally important" to ensure that taxpayers receive a return on their investment in the company. Business Sat, 25 May 2013 04:00:02 +0100 http://www.independent.ie/business/petroceltic-shares-fall-amid-plans-to-abandon-well-29294885.html http://www.independent.ie/business/petroceltic-shares-fall-amid-plans-to-abandon-well-29294885.html SHARES in Petroceltic International have tumbled after the Dublin-based explorer said it would abandon an exploration well off the Bulgarian coast that doesn't have commercial gas volumes. Business Sat, 25 May 2013 04:00:02 +0100