View this email in your browser THE IRISH TIMES Business Today Friday, 10 April, 2026 Editor's Note Good morning, reader Microsoft’s Irish business paid almost $50 billion in dividends to their US parent last year, according to results published this morning. Ciara O’Brien has been looking at the numbers which attest to a strong year for the software giant. Economic growth will be slower than previously projected, even if peace in the Gulf holds, IMF managing director Kristalina Georgieva says. The IMF, which had expected to raise forecasts in next week’s World Economic Outlook, now says even the most hopeful of the scenarios it outlines involves a reversal. Despite the world being roiled by Donald Trump, Israel and Iran, Ireland’s exchequer receipts for the first quarter look remarkably resilient, writes Paul Colgan, but when it comes to the energy price shock, that does not mean the Government cannot protect the whole country from the rise in prices, according to Seamus Coffey, chairman of the Irish Fiscal Advisory Council, Ireland’s budgetary watchdog. Continue Reading Dominic Coyle   TOP BUSINESS STORIES Business How vulnerable is Ireland’s economy to global unrest and oil-price shocks? Business Dawn Meats chief Niall Browne: ‘Our €4.75 billion turnover makes us a big butcher’ Business Pinergy may invest up to €35m to expand solar power supplies Work Why staff performance reviews need a makeover Business Microsoft’s Irish subsidiaries paid close to $50bn in dividends to parent in 2025 Olaf Storbeck Wirecard trial shows the risks of slow legal process MORE BUSINESS STORIES Business Shares fall amid Iran ceasefire uncertainty Economy Irish manufacturing production and turnover declines against turbulent backdrop Economy IMF chief says oil shock is testing a world with little fiscal buffer Business Director pay nears €15m at Ward & Burke