{"id":592952,"date":"2026-08-14T11:08:20","date_gmt":"2026-08-14T11:08:20","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/592952\/"},"modified":"2026-08-14T11:08:20","modified_gmt":"2026-08-14T11:08:20","slug":"dublins-empty-offices-and-how-china-saved-us-from-recession-the-irish-times","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/592952\/","title":{"rendered":"Dublin\u2019s empty offices and how China saved us from recession \u2013 The Irish Times"},"content":{"rendered":"<p class=\"c-paragraph paywall \">US tech firm<a href=\"https:\/\/www.irishtimes.com\/business\/economy\/2026\/08\/14\/workday-seeks-to-sublet-a-fifth-of-the-space-in-its-new-dublin-2-office-block\/\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.irishtimes.com\/business\/economy\/2026\/08\/14\/workday-seeks-to-sublet-a-fifth-of-the-space-in-its-new-dublin-2-office-block\/\"> Workday<\/a> is seeking to sublet a fifth of the space in its new Dublin 2 office block at College Square, little more than a year on from when it signed its lease. Killian Woods has the details. <\/p>\n<p class=\"c-paragraph paywall \">In our<a href=\"https:\/\/www.irishtimes.com\/business\/2026\/08\/14\/dublins-office-market-has-many-white-elephants-so-why-are-property-agents-bullish\/\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.irishtimes.com\/business\/2026\/08\/14\/dublins-office-market-has-many-white-elephants-so-why-are-property-agents-bullish\/\"> Agenda<\/a> feature, Killian looks the level of office vacancy in Dublin and wonders why so many estate agents are bullish about the prospects for the sector. <\/p>\n<p class=\"c-paragraph paywall b-it-article-body__text--left\">In his weekly <a href=\"https:\/\/www.irishtimes.com\/business\/economy\/2026\/08\/14\/how-china-appears-to-have-saved-us-from-a-global-recession\/\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.irishtimes.com\/business\/economy\/2026\/08\/14\/how-china-appears-to-have-saved-us-from-a-global-recession\/\">column<\/a>, Eoin Burke-Kennedy explains how China appears to have saved us from a global recession. <\/p>\n<p class=\"c-paragraph paywall b-it-article-body__text--left\">A \u20ac5 billion investment fund, a \u20ac350 million <a href=\"https:\/\/www.irishtimes.com\/business\/2026\/08\/14\/set-up-350m-ai-training-scheme-and-freeze-minimum-wage-says-business-advisory-group\/\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.irishtimes.com\/business\/2026\/08\/14\/set-up-350m-ai-training-scheme-and-freeze-minimum-wage-says-business-advisory-group\/\">AI training <\/a>programme and no increase in the minimum wage until 2030 form part of \u201ca pro-growth agenda\u201d the Government should adopt to support SMEs, according to a pre-budget submission by Azets Ireland. Stephen Conneely has the details. <\/p>\n<p class=\"c-paragraph paywall \">This week\u2019s solar <a href=\"https:\/\/www.irishtimes.com\/business\/2026\/08\/14\/eclipse-threatened-electricity-shortage-as-solar-power-generation-dipped-to-near-zero\/\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.irishtimes.com\/business\/2026\/08\/14\/eclipse-threatened-electricity-shortage-as-solar-power-generation-dipped-to-near-zero\/\">eclipse<\/a> threatened a shortage in electricity that prompted the national grid to call on an emergency power plant to ensure adequate supplies kept flowing, it has emerged. Barry O\u2019Halloran reports. <\/p>\n<p class=\"c-paragraph paywall \">The <a href=\"https:\/\/www.irishtimes.com\/business\/2026\/08\/13\/liquidators-appointed-to-dundrum-harvey-nichols-store\/\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.irishtimes.com\/business\/2026\/08\/13\/liquidators-appointed-to-dundrum-harvey-nichols-store\/\">Harvey Nichols<\/a> store in Dundrum Town Centre is insolvent, with interim provisional joint liquidators appointed by the High Court to a business that employs 33 people. Ray Managh was in court for the case. <\/p>\n<p class=\"c-paragraph paywall b-it-article-body__text--left\">Irish <a href=\"https:\/\/www.irishtimes.com\/business\/\" rel=\"nofollow noopener\" title=\"https:\/\/www.irishtimes.com\/business\/\" target=\"_blank\">businesses<\/a> availed of less invoice financing in the first quarter of the year, despite a rise in the total amount available. Ciara O\u2019Brien has the details. <\/p>\n<p class=\"c-paragraph paywall b-it-article-body__text--left\">In our series of profiles of EY Entrepreneur of the Year finalists, Taoglas founder <a href=\"https:\/\/www.irishtimes.com\/business\/2026\/08\/14\/dermot-oshea-taoglas-our-ambition-is-bold-were-targeting-over-1-billion-in-annual-revenues-by-2035\/\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.irishtimes.com\/business\/2026\/08\/14\/dermot-oshea-taoglas-our-ambition-is-bold-were-targeting-over-1-billion-in-annual-revenues-by-2035\/\">Dermot O\u2019Shea<\/a> outlines a bold ambition: \u201cWe\u2019re targeting over $1 billion in annual revenues by 2035.\u2033 <\/p>\n<p class=\"c-paragraph paywall b-it-article-body__text--left\">From<a href=\"https:\/\/www.irishtimes.com\/business\/2026\/08\/14\/from-classic-to-static-j-crew-tries-to-recapture-its-sense-of-style\/\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.irishtimes.com\/business\/2026\/08\/14\/from-classic-to-static-j-crew-tries-to-recapture-its-sense-of-style\/\"> classic to static<\/a>: US retailer J Crew is trying to recapture its sense of style, according to the FT\u2019s Sujeet Indap.<\/p>\n<p class=\"c-paragraph paywall b-it-article-body__text--left\">The higher you get, the fewer people tell you what you need to hear, writes FT columnist <a href=\"https:\/\/www.irishtimes.com\/business\/work\/2026\/08\/14\/the-higher-you-get-the-fewer-people-tell-you-what-you-need-to-hear\/\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.irishtimes.com\/business\/work\/2026\/08\/14\/the-higher-you-get-the-fewer-people-tell-you-what-you-need-to-hear\/\">Emma Jacobs<\/a>. <\/p>\n<p class=\"c-paragraph paywall \">If you\u2019d like to read more about the issues that affect your finances try signing up to <a href=\"https:\/\/theirishtimes.lt.emlnk1.com\/Prod\/link-tracker?redirectUrl=aHR0cHMlM0ElMkYlMkZ3d3cuaXJpc2h0aW1lcy5jb20lMkZuZXdzbGV0dGVycyUzRnV0bV9zb3VyY2UlM0ROZXdzbGV0dGVyJTI2dXRtX21lZGl1bSUzRGVtYWlsJTI2dXRtX2NvbnRlbnQlM0RSU1MlMjUzQUlURU0lMjUzQVRJVExFJTI2dXRtX2NhbXBhaWduJTNEYnVzaW5lc3NfdG9kYXlfZGlnZXN0&amp;sig=4kSj6MVtJhDySXD8zno7jMoXwZGc1dpLM3xhR9Fc9b5k&amp;iat=1673852841&amp;a=%7C%7C89275494%7C%7C&amp;account=theirishtimes%2Eactivehosted%2Ecom&amp;email=Dc0R66saiYNu2sbROXCOD2QOP8ZXmRzMvz3Yw%2BcA7gI%3D&amp;s=0d5371d23ecde798f8f0f88cc635413b&amp;i=21237A21683A12A963031\" rel=\"nofollow noopener\" target=\"_blank\">On the Money<\/a>, the weekly newsletter from our personal finance team, which will be issued every Friday to Irish Times subscribers.<\/p>\n","protected":false},"excerpt":{"rendered":"US tech firm Workday is seeking to sublet a fifth of the space in its new Dublin 2&hellip;\n","protected":false},"author":2,"featured_media":592953,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[207900,5168,72,8319,114,84880,113,61,60,39875,1962],"class_list":["post-592952","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-azets-ireland","tag-budget","tag-business","tag-business-today","tag-china","tag-dundrum-town-centre","tag-economy","tag-ie","tag-ireland","tag-office-lettings","tag-work"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/592952","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=592952"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/592952\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/592953"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=592952"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=592952"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=592952"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}