Sky threatens to pull the plug on RTÉ

Business today: the best news, analysis and comment from ‘The Irish Times’ business desk

Austrian Lawyer, Max Schrems, (right)  speaks to the media on leaving the Four Courts in Dublin on Tuesday.
Austrian Lawyer, Max Schrems, (right) speaks to the media on leaving the Four Courts in Dublin on Tuesday.

Sky TV pulled no punches last night, telling TDs that it will drop RTE if the Government allows the State broadcaster to charge pay-TV platforms for carrying its channels. Laura Slattery reports.

Meanwhile shareholders at listed recruitment firm CPL are being warned not to be taken in by a US-based scam looking to profit from the company's share buyback at the expense of small investors, writes Joe Brennan

Minister for Finance Paschal Donohoe got no last minute relief from the latest Exchequer returns as he looks to widen the tight fiscal space available to him in his budget arithmetic. Eoin Burke-Kennedy has the details.

The Government also faces the very unwelcome prospect of court action to force it to accelerate the collection of €13bn from Apple in contested back taxes. Luxembourg is also feeling the heat with a big bill likely today in relation to Amazon.

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Cliff Taylor opines that, right or wrong, the battle lines are being drawn and Ireland's corporate tax regime is squarely in the sights of some of the EU's larger countries.

And staying with FDI headaches, the High Court decision to refer to the European Court of Justice the latest complaint by Austrian lawyer and activist Max Schrems that his rights are being breached by Facebook has potentially huge implications for billions of euro worth of trade between the two blocs, write Mary Carolan and Elaine Edwards

In Commercial Property, Sean Mulryan's Ballymore is looking for offers of around €150m for a 10-storey docklands office block, offering a 4.5 per cent initial yield, and a rock solid tenant - the National Treasury Management Agency.

Advisers have taken less than 24 hours to build a full order book for the €550m IPO of Oaktree Capital's spinout Glenveagh Properties, writes Joe Brennan.

Finally, if you're a sports nut looking for a job, US-based sports data analytics could be the place for you. David Raleigh reports on its plans for a base in Limerick with 130 jobs on offer.

Dominic Coyle

Deputy Business Editor

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Dominic Coyle

Dominic Coyle

Dominic Coyle is Deputy Business Editor of The Irish Times