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6 days ago | 
independent.ie | Barry O'Halloran
One last attempt at negotiation may be a wiser move than getting involved in a toxic, unwinnable warThough an accomplished composer of nasty nicknames for others, Donald Trump did not take kindly to discovering recently that he had a new nickname himself, Taco — an acronym that stands for “Trump always chickens out”.
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1 week ago | 
independent.ie | Barry O'Halloran
Barry O’Halloran: Iran’s weakness proved too tempting a target for IsraelIsrael has reshaped the military and political contours of the entire Middle EastIsrael's Iron Dome air defence system over Tel Aviv. Photo: APEarly on Friday morning, the skyline above Tehran was lit up as 200 Israeli fighter jets rained down high explosives on up to 100 key military and nuclear targets, both in the city and across Iran. Until now, the Israeli-Iran conflict has largely been a shadow war fought by proxies.
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2 weeks ago | 
irishtimes.com | Barry O'Halloran
The Republic may have to consider using nuclear energy in the future as it bids to balance growing electricity demand while cutting greenhouse gas emissions, says EirGrid chairman Brendan Tuohy. The State-owned national electricity grid operator published figures this week showing it earned €10 million profit in the 12 months to the end of September, its last financial year.
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2 weeks ago | 
irishtimes.com | Barry O'Halloran
EirGrid paid former chief executive Mark Foley more than €347,000 last year, when he resigned from the national grid company following a car crash that led to a prosecution, figures show. Judge Anne Watkin dismissed a District Court case against Mr Foley for drink-driving in October, after ruling that a blood test showing him to have been four times over the alcohol limit could not be admitted as evidence.
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2 weeks ago | 
irishtimes.com | Barry O'Halloran
Irish aviation leasing giant AerCap has been awarded almost €875 million by a UK court over the loss of aircraft following Russia’s invasion of Ukraine in 2022. AerCap has been suing insurers for refusing to pay out under policies following the invasion, which resulted in several Irish businesses losing aircraft leased to Russian airlines.
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2 weeks ago | 
irishtimes.com | Barry O'Halloran
A property investment firm offering tax breaks to backers and a rebate business feature on the Revenue Commissioners’ latest tax defaulters’ list. On Wednesday Revenue said that 19 individuals and businesses paid a total of €6.2 million in tax, penalties and interest in the first three months of this year. The largest settlement was €1.115 million paid by Birmingham, England-based household goods wholesaler, Lifetime Brands Europe Ltd, for non-declaration of value added tax (VAT).
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2 weeks ago | 
irishtimes.com | Barry O'Halloran
Paddy Power owner Flutter is passing on a betting tax to customers in Illinois in the United States. The US state’s legislature recently introduced a 25 cent fee on each individual wager placed there, following a substantial betting tax increase last year. Flutter’s main US subsidiary FanDuel plans to introduce a 50 cent fee on all bets placed with it in Illinois from September 1st in response, the group said on Tuesday.
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2 weeks ago | 
irishtimes.com | Barry O'Halloran
More than 20 food and drink companies are seeking new business in South Korea and Japan this week with Martin Heydon, Minister for Agriculture and key State export agencies. Mr Heydon is leading a trade mission, with Enterprise Ireland, the agency responsible for developing Irish industry, and Bord Bia, which promotes the country’s food business abroad.
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2 weeks ago | 
irishtimes.com | Barry O'Halloran
Engineering consultancy Ramboll has expressed an interest in bidding for work on the Dublin metro, the proposed rail line connecting the city centre with its airport, says one of the firm’s executives. Denmark-based Ramboll specialises in transport development among other areas and is involved in work for the Government and State airports company, DAA.
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3 weeks ago | 
irishtimes.com | Barry O'Halloran
Paddy Power owner Flutter is weighing how it will react to a betting tax imposed by state legislators in Illinois in the US. The US state’s budget includes a 25 cents tax on every individual bet taken up to the first 20 million wagers, and 50 cents each past that point. Dublin-based Flutter’s biggest subsidiary is Fanduel in the US, which has been expanding as individual states legalise sports betting.
