Conn O Midheach

1 month ago | irishtimes.com | Conn O Midheach

Aircraft noise at Dublin Airport has been estimated to have a human “health cost” of almost €800 million and cause cardiovascular issues for nearly 17,000 people living in its vicinity, a report published on Thursday will say. The research, conducted by PMCA Economic Consulting, also focuses on the substantial air traffic concentration at the capital’s main hub, which is currently attempting to expand its annual passenger threshold from 32 million. Mark Hilliard has the details.

1 month ago | irishtimes.com | Conn O Midheach

US tariffs could cost Ireland more than €18 billion in lost trade, the Economic and Social Research Institute (ESRI) has concluded. The institute estimated that if the US were to impose 25 per cent tariffs on all European Union (EU) exports, as US president Donald Trump has threatened to do, and the EU responds with reciprocal tariffs of its own, Irish GDP (gross domestic product) would be 3.7 per cent lower over the next five to seven years compared to a baseline with no tariffs.

1 month ago | irishtimes.com | Conn O Midheach

Opening statements are expected to be heard in the High Court on Tuesday in a civil trial involving Web Summit chief executive Paddy Cosgrave and two minority shareholders in the business. The judge, Mr Justice Michael Twomey, will hear five separate legal actions, potentially over nine weeks, after a last-chance effort to mediate the disputes and avoid a costly trial fell apart in Dublin last week. Ian Curran has the details. “He was both charismatic and successful.

2 months ago | irishtimes.com | Conn O Midheach

Lloyds Banking Group has said it will pay the UK government £975 million (€1.12 billion) of disputed back taxes tied to the winding down of its unit in the Republic during the crisis, even as it appeals a recent tribunal decision that the money is owed. However, the London-based group will account for the payment as a so-called current tax asset, as it holds to the view that the money is not owed and will ultimately be returned.

2 months ago | irishtimes.com | Conn O Midheach

Executives in Dublin-based Icon plc, which runs clinical trials worldwide, had “motive and opportunity to defraud investors” when they sold almost $78 million (€74.3 million) worth of shares over 15 months at an “artificially inflated price”, before the stock slumped on the release of financial results in October, a US court filing alleges.