View this email in your browser THE IRISH TIMES Business Today Tuesday, 20 January, 2026 Editor's Note Good morning, reader It’s time for the World Economic Forum in Davos to get going. This time it promises to be a meeting for the ages, amid Donald Trump’s push for control of Greenland. Eoin Burke-Kennedy is on the ground there. IDA Ireland’s Michael Lohan tells him that his agency would consider severing ties with Elon Musk’s X if it is found to be breaking the law. He also looks ahead to Trump’s arrival in the Swiss canton, while reporting that the confidence of Irish chief executives (CEOs) in their company’s revenue prospects has dropped to a five-year low, according to a new survey released by PwC to coincide with the event. Austrian bank Bawag, hotly tipped as a bidder for PTSB, would most likely fund a potential offer through cash and shares, according to investment bank UBS. As Joe Brennan writes, that would complicate matters for the Government, which owns 57 per cent of PTSB, and is seeking to extricate itself from banks. Minister for Transport Darragh O’Brien has refused to answer a series of parliamentary questions on DAA’s ongoing battle with its chief executive, Kenny Jacobs, and has received backing from the Ceann Comhairle. Joe has the story. Continue Reading Peter Flanagan   TOP BUSINESS STORIES Business IDA would consider removing X from its books if firm deliberately breaches online safety rules Business Who are Ireland’s 11 billionaires and what are they worth? Business Minister’s refusal to answer questions on DAA-Kenny Jacobs backed by Dáil chair Business Austria’s Bawag could fund PTSB deal through shares and cash, UBS says Business Stocks dip as Trump threatens tariffs over Greenland Richard Cantillon London’s stock market is looking up, unlike Dublin’s MORE BUSINESS STORIES Business Irish CEO confidence in future earnings drops to five-year low Business Carlsberg’s ‘core’ beer brands drop to less than half of sales for first time Business Permission sought for 87-bedroom hotel on site of former AIB branch in Dublin 4 Business Wicklow based Ace Group Packaging to invest €2 million to fuel international export goals Do you have questions about becoming an Irish Times subscriber, or about your subscription? You'll find handy guides in our FAQs, and you can manage many aspects of your subscription in the My Account section. Never miss a business story Subscribe now for just €1 for your first month SUBSCRIBE