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DNA collection company Genomics Medicine Ireland reports €37.7m loss

DNA collection company Genomics Medicine Ireland reports €37.7m loss

State-backed company records loss in year in which $400m investment was announced

Wed Jan 22 2020 - 18:49
Financial payments group Planet in rumoured €1.98bn sale

Financial payments group Planet in rumoured €1.98bn sale

Galway-based Group formerly known as Fintrax reportedly for sale by parent Eurazeo

Wed Jan 22 2020 - 18:05
Seamus Coffey decides against second term as chair of fiscal council

Seamus Coffey decides against second term as chair of fiscal council

Process to appoint a successor to budgetary watchdog put on hold until after the election

Wed Jan 22 2020 - 17:03
Irish organisations struggle to comply fully with GDPR

Irish organisations struggle to comply fully with GDPR

Some 62% of organisations say regulation places excessive administrative burden on them

Wed Jan 22 2020 - 11:19
European shares fall on China virus fears

European shares fall on China virus fears

AIB and Bank of Ireland lose ground as Kingspan rises on broker upgrade

Tue Jan 21 2020 - 19:06
Time running out for those wanting to avail of SBCI ‘future growth’ loans

Time running out for those wanting to avail of SBCI ‘future growth’ loans

Strong take-up means that some banks have already used up their allocated funds

Tue Jan 21 2020 - 18:31
Irish whiskey sales slow in US but distillery visitors top 1m locally

Irish whiskey sales slow in US but distillery visitors top 1m locally

Visitor numbers to distilleries jumped by 54% since 2015 to 1.02m last year

Tue Jan 21 2020 - 08:09
Cubic Telecom raises more than €11 million in funding

Cubic Telecom raises more than €11 million in funding

Irish technology company raises funding from long-term backer Act Venture Capital

Tue Jan 21 2020 - 07:29
Foreign direct investment to State rebounds on Takeda deal for Shire

Foreign direct investment to State rebounds on Takeda deal for Shire

Global FDI flows flat last year at $1.39 trillion but moderate growth forecast this year

Mon Jan 20 2020 - 15:44
Ireland ranked second in Europe for data breach notifications

Ireland ranked second in Europe for data breach notifications

Over 160,000 notifications reported across European Economic Area since GDPR began

Mon Jan 20 2020 - 03:00
EU considers five-year ban on facial recognition tech in public areas

EU considers five-year ban on facial recognition tech in public areas

Commission says new tough rules may be introduced to bolster existing regulations

Fri Jan 17 2020 - 10:56
US RegTech company AxiomSL to create 100 jobs in Limerick

US RegTech company AxiomSL to create 100 jobs in Limerick

Group to open a new business operations centre in the National Technology Park

Fri Jan 17 2020 - 10:19
Fast-growing frozen food group has a strong appetite for success

Fast-growing frozen food group has a strong appetite for success

Strong Roots founder Samuel Dennigan is looking to build a €100m business in just seven years

Fri Jan 17 2020 - 05:45
Annual rate of inflation almost doubles on higher housing costs

Annual rate of inflation almost doubles on higher housing costs

On a monthly basis, consumer prices rose by 0.2 per cent in December, new figures show

Thu Jan 16 2020 - 12:12
First fashion-focused hackathon in Ireland to take place next month

First fashion-focused hackathon in Ireland to take place next month

HackFast Fashion Hackathon in Dublin aims to address issues with fast fashion

Thu Jan 16 2020 - 05:08
Fintech-focused accelerator NadiFin opens to applications

Fintech-focused accelerator NadiFin opens to applications

NadiFin, which runs in Dublin and Luxembourg, is run by Middlegame Ventures

Thu Jan 16 2020 - 05:00
Huawei offers developers €23.3m to create apps for Irish-based unit

Huawei offers developers €23.3m to create apps for Irish-based unit

Move comes as Chinese firm aims to become more self-sufficient after Google ban

Wed Jan 15 2020 - 18:00
Data Protection Commission criticised as WhatsApp decision nears

Data Protection Commission criticised as WhatsApp decision nears

Ireland lagging behind as fines totalling €410m issued for violations in Europe in 2019

Wed Jan 15 2020 - 05:29
GoMo is being investigated by advertising authority

GoMo is being investigated by advertising authority

ASAI takes action over mobile network provider’s promise of fixed deals ‘for life’

Wed Jan 15 2020 - 05:00
Pointy’s $160m sale means $80m-plus payday for founders

Pointy’s $160m sale means $80m-plus payday for founders

Co-founders of retail tech innovator to share $80m and Jamie Heaslip also set to gain

Tue Jan 14 2020 - 23:18
Irish retail tech company Pointy purchased for $160m

Irish retail tech company Pointy purchased for $160m

Google takeout spells payday for founders and early-stage investors

Tue Jan 14 2020 - 14:32
Nama ranked as the fifth largest seller of loan portfolios in Europe

Nama ranked as the fifth largest seller of loan portfolios in Europe

Banks end 2019 with the lowest level of non-performing loans since 2010

Mon Jan 13 2020 - 13:33
TeachKloud looks to raise up to €4m more after closing €750,000 round

TeachKloud looks to raise up to €4m more after closing €750,000 round

Start-up has developed technology platform for use by creches and preschools

Mon Jan 13 2020 - 06:00
Arkphire eyes further growth as profits and turnover jump

Arkphire eyes further growth as profits and turnover jump

Irish IT company has enjoyed an increase revenues by over €100m in just five years

Fri Jan 10 2020 - 05:45
Blarney Woollen Mills Group reports rise in profits and revenues

Blarney Woollen Mills Group reports rise in profits and revenues

Group, which also owns Meadows and Byrne, records 2019 turnover in excess of €41m

Thu Jan 09 2020 - 17:39
Chinese FDI to Ireland rises 56% as it falls to nine-year low in US

Chinese FDI to Ireland rises 56% as it falls to nine-year low in US

Forecast that FDI to the State from China will continue to grow due to pipeline of deals

Thu Jan 09 2020 - 15:12
Tesco Ireland sales top €1bn as online orders jump 15%

Tesco Ireland sales top €1bn as online orders jump 15%

Irish unit outperforms over final 19 weeks of 2019, including crucial Christmas trading

Thu Jan 09 2020 - 13:05
‘Miracle worker’ Walsh waves goodbye to IAG

‘Miracle worker’ Walsh waves goodbye to IAG

Willie Walsh will be sorely missed at IAG and in the wider industry if he quits altogether

Thu Jan 09 2020 - 10:30
Outbound Irish M&A hits three-year high despite decline in deals

Outbound Irish M&A hits three-year high despite decline in deals

Inbound M&A, involving an Irish target and a foreign buyer, totalled $8.9bn

Thu Jan 09 2020 - 05:45
Not-for-profit Grow Remote secures €500,000 in funding

Not-for-profit Grow Remote secures €500,000 in funding

Community project connects remote workers with companies looking to hire staff

Wed Jan 08 2020 - 13:55
Alan Sugar: ‘I don’t flower my words, I say it how it is’

Alan Sugar: ‘I don’t flower my words, I say it how it is’

Magnate tells Pendulum audience Donald Trump is a ‘tosser’ and Boris Johnson a ‘liar’

Wed Jan 08 2020 - 12:51
Dell’s Irish subsidiary pays €640m in dividends to Dutch-based parent

Dell’s Irish subsidiary pays €640m in dividends to Dutch-based parent

Irish unit, which employs close to 2,000 people, reports revenues of €12.3bn

Wed Jan 08 2020 - 10:40
Salesforce’s Irish subsidiary reports €1.9bn in 2019 revenues

Salesforce’s Irish subsidiary reports €1.9bn in 2019 revenues

Company, which employs 1,400 locally, also sees pre-tax profits rise 88% to €30m

Wed Jan 08 2020 - 04:45
Employees working in digital tech see big salary gains

Employees working in digital tech see big salary gains

Survey reveals that those at top of scale can earn as much as €180,000 a year

Tue Jan 07 2020 - 17:24
Tech company led by NI entrepreneur secures $100m+ investment

Tech company led by NI entrepreneur secures $100m+ investment

Options Technologies employs over 100 people in Northern Ireland

Tue Jan 07 2020 - 15:06
Net new jobs created by Enterprise Ireland firms halved in 2019 to 4,700

Net new jobs created by Enterprise Ireland firms halved in 2019 to 4,700

Record 221, 895 people work in companies backed by the State agency

Tue Jan 07 2020 - 12:21
More than 4,000 mortgages approved in November

More than 4,000 mortgages approved in November

First-time buyer approval volumes in the month up 8.6% on an annual basis to 2,109

Fri Jan 03 2020 - 06:00
‘Disappointing year’ for new car sales as used imports at record high

‘Disappointing year’ for new car sales as used imports at record high

Number of electric cars officially registered in State more than doubled during 2019

Thu Jan 02 2020 - 15:52
Irish stocks forecast to benefit from ‘Brexit bounce’ in 2020

Irish stocks forecast to benefit from ‘Brexit bounce’ in 2020

Davy expects strong year for stocks as Irish economy forecast to grow by more than 5%

Thu Jan 02 2020 - 11:02
Irish-US accelerator seeks to raise $50m fund to back tech start-ups

Irish-US accelerator seeks to raise $50m fund to back tech start-ups

Continuous Ventures is the brainchild of Colin Meagle and Margaret Burgraff

Mon Dec 30 2019 - 05:43
Mixed fortunes for producers as consumers opt for less meat

Mixed fortunes for producers as consumers opt for less meat

Barclays expects market for plant-based meat substitutes to reach $140bn in 10 years

Mon Dec 30 2019 - 05:30
House prices in Ireland decline for first time since 2012

House prices in Ireland decline for first time since 2012

Prices down 1.2 per cent during 2019 with average cost of a home now totalling €250,766, according to Daft

Mon Dec 30 2019 - 05:08
Lime seeks e-scooter legalisation but with cap on speed

Lime seeks e-scooter legalisation but with cap on speed

Global scooter company says Ireland one of only three EU states to prohibit e-scooters

Mon Dec 30 2019 - 05:02
DCU team examines use of drones to monitor wind and solar farms

DCU team examines use of drones to monitor wind and solar farms

European project investigating if drones, robots can be used to discover faults

Sun Dec 29 2019 - 16:26
TikTok’s parent ByteDance eyes Dublin as possible home for global HQ

TikTok’s parent ByteDance eyes Dublin as possible home for global HQ

Report says Beijing-based ByteDance is keen to have headquarters outside China to bring it closer to markets in Europe and US

Mon Dec 23 2019 - 18:40
Peter Bellew in departure lounge as Ryanair grounded

Peter Bellew in departure lounge as Ryanair grounded

Ex-Ryanair executive gets best ever Christmas present as judge sanctions EasyJet move

Mon Dec 23 2019 - 14:46
Dublin-based analytics provider MedModus raises €1m

Dublin-based analytics provider MedModus raises €1m

Company provides business intelligence solutions to healthcare organisations

Mon Dec 23 2019 - 09:46
Irish software company Artomatix sold in deal valued at up to $60m

Irish software company Artomatix sold in deal valued at up to $60m

Company developed (AI) technology that can automate the creation of 3D content

Mon Dec 23 2019 - 07:17
State firms made €1.4bn profit in 2018 and paid €261m in dividends

State firms made €1.4bn profit in 2018 and paid €261m in dividends

NewERA report shows State companies are doing more to tackle climate change issues

Mon Dec 23 2019 - 05:30
Vodafone falls into the red after heavy investment in IT infrastructure

Vodafone falls into the red after heavy investment in IT infrastructure

Revenues rise 1.4% to €933.8m for company which has over 2.3m customers in Republic

Sat Dec 21 2019 - 06:05
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