Killian Woods

Business Correspondent

Killian Woods is a Business Correspondent in the Irish Times

TikTok’s Irish arm cuts headcount by 600 as legal provisions rise to more than €900m

Social media company’s staff costs fell by 10% last year while pay to three Irish-based directors rose 12% to top €900,000

C&C sales fall below €800m as distribution business contracts

A rise in branded sales helped lift operating profit by 4 per cent

Bank of Ireland raises 2026 income and capital guidance after strong growth

Chief executive Myles O’Grady says bank has raised net interest income forecast above €3.5bn after loans grow €3.6bn in the first nine months of the year.

AI optimism lifts Wall Street ahead of big tech earnings

Dublin shares rose, while Britain’s FTSE 100 felt the effect of HSBC missing quarterly revenue estimates

New disclosure rules expose big gap between Analog Devices’ Irish tax charge and sum paid

Chipmaker’s Irish accounts suggested effective tax rate of 11%, but new filings show it paid 2.7% on $2.5bn Irish profits

Paddy McKillen’s Clarendon refinances London retail properties with private lender

Bank of Ireland debt has been refinanced under a new €17m facility with Hilco Real Estate Finance

Who owns Galway’s main thoroughfares? From Shop Street to the Spanish Arch Car Park

An examination of property records from Quay Street to Williamsgate Street shows much of the area remains in local hands

German investor’s Dublin office doubts and John Fitzpatrick’s New York hotel boom

The best news, analysis, and comment from The Irish Times business desk

CarVal generates €310m surplus in four years from loan portfolios bought for €1bn

Minneapolis-based group bought Irish property debts from KBC, Bank of Ireland and others

Irish firms lag behind global peers in managing cyber risk, PwC finds

Less than a fifth of Irish respondents strongly agree cybersecurity is integrated into overall risk management

Hotel planned on central Dublin site after investor rules offices and housing ‘not viable’

German asset manager KGAL is latest investor to signal issues with delivering new office accommodation in the city

Retailers on Dublin’s O’Connell Street hit with legal notices under revamp plan

Circle K, Peter Mark and Allcare Pharmacy all face Dublin City Council enforcement cases over alleged non-compliance with planning codes

AIB cuts four-year fixed mortgage rate for borrowers

The move comes following two interest rate hikes by the European Central Bank in the past six months

Plan for O’Connell Street restaurant approved, but it is banned from serving takeaways

Former Ulster Bank building acquired by firm linked to businessmen Tommy Kelly and Stephen McCarthy

Construction costs and planning uncertainty outweigh funding concerns for developers

More than two-thirds more cautious after ECB interest rate rises, EY Ireland survey also shows

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