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5 days ago | 
irishtimes.com | Barry O'Halloran
Aer Lingus is considering flying to Cancún from Dublin in what would be its first Ireland-Mexico service as the carrier seeks to boost its transatlantic network. The airline this month began a new service from the capital to Nashville, Tennessee, and is adding further European destinations this year. It is now understood it is exploring the possibility of direct flights to Mexico, with the holiday resort of Cancún on the country’s east coast its likely choice of destination.
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5 days ago | 
irishtimes.com | Barry O'Halloran
Airtricity owner SSE Ireland is considering lay-offs as the electricity and natural gas business bids to streamline operations that employ about 1,300 here. Scottish utility SSE’s Irish operations generate and supply electricity, sell natural gas and are building offshore and onshore wind farms across Ireland as well as investing in other infrastructure.
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1 week ago | 
irishtimes.com | Barry O'Halloran
Mergers regulators plan a full investigation of hotel group Dalata’s €80 million-plus bid for rival Radisson’s property at Dublin Airport. Dalata announced in November that it planned to buy the Radisson Blu Hotel at the airport in an €84 million deal set to close by June 30th this year, subject to regulators’ approval.
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1 week ago | 
irishtimes.com | Barry O'Halloran
Upmarket notebook maker Moleskine’s owner and Bugatti distributor, Belgian group D’leteren, will buy Irish car components distributor Top Part Holdings after regulators cleared the deal. Autodistribution SAS, one of the Brussels-based specialist investor’s businesses, recently bid for Top Part Holdings Ltd and five linked companies. Mergers regulator, the Competition and Consumer Protection Commission (CCPC), said on Wednesday that it had cleared the deal.
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2 weeks ago | 
irishtimes.com | Barry O'Halloran
US president Donald Trump sparked a further bounce on Wall Street on Wednesday by declaring his administration would pause tariffs on “non-retaliating countries” for 90 days. But the news came too late for European markets, which hit earlier turmoil as it appeared the trade war would escalate after the EU and China announced their own tariffs on US imports. DUBLIN Most leading Irish stocks plunged on Wednesday. “It’s across the board,” one trader remarked as the market closed.
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2 weeks ago | 
irishtimes.com | Barry O'Halloran
Data centres have branded as “unreasonable” a regulators’ call for them to use backup generators to supply electricity to homes and businesses. The energy industry overseer, the Commission for the Regulation of Utilities (CRU), proposes that centres supply electricity to the Irish wholesale market from on-site power plants or batteries in return for grid connections.
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2 weeks ago | 
irishtimes.com | Barry O'Halloran
Transport Minister Darragh O’Brien is seeking the Attorney General’s (AG) advice on options for lifting Dublin Airport’s controversial passenger limit. Planners imposed a limit of 32 million passengers-year on the country’s biggest airport in 2007 as a condition of allowing it to build a second terminal. Mr O’Brien said on Monday that he had sought the advice of AG, Rossa Fanning, on the “legislative options” for lifting the limit and was waiting for his response.
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3 weeks ago | 
irishtimes.com | Barry O'Halloran
Revenue collected €21.9 billion in tax in the three months to the end of March, according to Exchequer returns published on Thursday. Including the impact of September’s European Court of Justice ruling requiring the State to recover taxes from tech giant Apple, the Republic’s total tax take to the end of March was €23.6 billion. That was €3.5 billion more than in the first three months of last year.
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3 weeks ago | 
irishtimes.com | Barry O'Halloran
The operator of Dublin Airport earned a €700,000 bonus from regulators for improving service standards last year. The Irish Aviation Authority (IAA), awarded the airport a €4.5 million bonus last year for improvements to service. However, it also docked it €3.8 million for not meeting targets on cleanliness of its toilets and lapses in information on ground transport. Consequently, Dublin Airport earned a net €700,000 bonus from the regulator for its service performance last year.
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3 weeks ago | 
irishtimes.com | Barry O'Halloran
Upmarket notebook maker Moleskine’s owner, Belgian group D’leteren, is poised to buy a leading Irish car parts distributor, it has emerged. Autodistribution SAS, one of the Brussels-based specialist investor’s businesses, recently bid for Top Part Holdings Ltd and five linked companies. Mergers regulator, the Competition and Consumer Protection Commission (CCPC) said this week that the two companies had notified their proposed merger to it.
