Fears for 1,000 construction jobs, Russia’s leased planes and energy security

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Concerns grew Thursday that efforts to Rescue Assembly Roadbridge may fail, with fears for the future of around 1,000 construction jobs.

IBI Corporate Finance advisers have been looking for an investor or buyer for Co Limerick-based Roadbridge, best known for work on motorways and other government projects, for the past year. Barry O’Halloran has the details.

Further doubts were expressed as to whether Irish Aviation Leasing Companies planes from Russia after the Kremlin released a draft law that could block their return. EU sanctions punishing Russia for its invasion of Ukraine give leasing companies until March 28 to cancel leases with the country’s airlines, prompting a rush to repatriate planes from state-owned Aeroflot and other airlines in Russia. Simon Carswell reports.

Unionists represent 450 Aughinish Alumina workers are monitoring developments after the UK sanctioned Oleg Deripaska, a Russian shareholder in the aluminum refiner.

The British government froze the assets of seven oligarchs said to have close ties to the Kremlin, including Mr Deripaska and Chelsea owner Roman Abramovich, as civilians and hospitals fell victim to the Russian invasion of Ukraine. Barry O’Halloran reports.

Online payment company stripesThe return to cryptocurrencies has deepened as the company announced a new comprehensive solution to support crypto-focused businesses, including exchanges, wallet providers and NFT marketplaces, writes Charlie Taylor.

Perhaps the most irritating part of the apparent cash heist is the DAA’s plan burden the public for Dublin airport drop off and pick up is a lame attempt to disguise it as a sustainability initiative “to encourage people to use public transport”. Drag the other, says Mark Paul in Caveat.

In Agenda, Eoin Burke-Kennedy reigns supreme over Sinn Féin Signature Economic Policy.

European consumers and businesses are the ultimate beneficiaries of investments that give us energy security and fight climate change, writes John FitzGerald in his weekly column.

In World of Work, Olive Keogh finds that the movement for a four-day week gain momentum after the pandemic

Wild geese speaks to Seanan O Coistin who works in Luxembourg and lives in Trier, Germany.

Almost two weeks after Russia’s invasion of Ukraine, The Irish Times’ Cliff Taylor and Mark Paul take a look at the war’s impact on the global economy. You’re speaking to Ciaran Hancock on ours Inside Business Podcast on rising energy costs and the impact on Irish consumers and businesses.

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