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Ireland’s largest dairy exporter powers through Covid and Brexit

Ireland’s largest dairy exporter powers through Covid and Brexit

Interview: John Jordan, chief executive of Ornua

Fri Apr 30 2021 - 13:05
European shares dip on high yields and profit-taking

European shares dip on high yields and profit-taking

Nokia surges to top of Stoxx 600 as network equipment sales growth boosts earnings

Thu Apr 29 2021 - 18:46
Mortgage market buoyant as drawdowns and approvals rise

Mortgage market buoyant as drawdowns and approvals rise

New figures suggest more than 9,000 mortgage drawdowns in first quarter of 2021

Thu Apr 29 2021 - 05:15
Close to half of businesses on Covid supports at start of year

Close to half of businesses on Covid supports at start of year

Proportion on supports peaked in April 2020

Wed Apr 28 2021 - 12:08
Retail sales fall in March as restrictions curb activity

Retail sales fall in March as restrictions curb activity

Figures do not measure the online sales of non-Irish companies

Wed Apr 28 2021 - 11:33
Donohoe warns impact of global tax changes on Ireland could be greater than €2bn

Donohoe warns impact of global tax changes on Ireland could be greater than €2bn

Minister says ‘vaccine policy is economic policy’, claiming speed of economic recovery depends on success of vaccination programme

Tue Apr 27 2021 - 19:55
Brexit sees big decline in food trade between Ireland and UK

Brexit sees big decline in food trade between Ireland and UK

CSO report detects significant fall-off in exports and imports in first two months of 2021

Tue Apr 27 2021 - 13:29
Impact of lockdown on housing output less than initially feared, says Goodbody

Impact of lockdown on housing output less than initially feared, says Goodbody

Broker expects supply of new homes this year will be 21,000 – the same as last year

Tue Apr 27 2021 - 12:35
How are property transactions accelerating when viewings aren’t allowed?

How are property transactions accelerating when viewings aren’t allowed?

Despite restrictions, sales volumes were up 12% in Q1 compared to same period in 2020

Sun Apr 25 2021 - 13:00
Property transactions jump 12% as market defies slowdown

Property transactions jump 12% as market defies slowdown

Davy says mortgage lending is likely to hit €9.5bn this year despite the pandemic

Thu Apr 22 2021 - 14:19
Donohoe expresses reservations about global minimum corporate tax rate

Donohoe expresses reservations about global minimum corporate tax rate

Minister also insists Ireland’s 12.5% rate is fair and within ambit of healthy competition

Wed Apr 21 2021 - 16:02
Ornua eyes €2bn in Kerrygold sales as group reports record turnover for 2020

Ornua eyes €2bn in Kerrygold sales as group reports record turnover for 2020

Dairy exporter Ornua says it benefited from a pick-up in grocery

Wed Apr 21 2021 - 15:03
Two-thirds of Government’s €13bn Covid spend in 2020 went on income supports

Two-thirds of Government’s €13bn Covid spend in 2020 went on income supports

CSO figures provide detailed breakdown of Government’s pandemic spending

Wed Apr 21 2021 - 14:21
Glanbia cheese plant highlights problems facing food industry

Glanbia cheese plant highlights problems facing food industry

Food company welcomes High Court decision upholding planning permission

Wed Apr 21 2021 - 05:15
LDA seeks planning for 221 homes on former Army barracks site in Naas

LDA seeks planning for 221 homes on former Army barracks site in Naas

Agency submits application under fast-track strategic housing development legislation

Tue Apr 20 2021 - 12:34
Dublin-based Exergyn rows with investors over possible sale to US firm

Dublin-based Exergyn rows with investors over possible sale to US firm

Shareholders believe potential deal with Carrier Global grossly undervalues company

Tue Apr 20 2021 - 09:00
Dublin-based Exergyn rows with own investors over possible sale to US firm

Dublin-based Exergyn rows with own investors over possible sale to US firm

Shareholders believe potential deal with Carrier Global grossly undervalues company

Tue Apr 20 2021 - 05:30
Central Bank says survival prospects of many Covid-hit firms ‘highly uncertain’

Central Bank says survival prospects of many Covid-hit firms ‘highly uncertain’

Gabriel Makhlouf says the Government is facing difficult choices over whether to continue supports

Mon Apr 19 2021 - 19:24
European shares retreat from record highs

European shares retreat from record highs

Juventus soars after Super League announcement

Mon Apr 19 2021 - 18:55
Regional airports to share €11m in exchequer funding for capital projects

Regional airports to share €11m in exchequer funding for capital projects

Funds will be used for capital investment projects at Shannon, Donegal, Kerry and Knock

Mon Apr 19 2021 - 17:17
Cargo volumes plummet at Dublin Port due to Brexit effect

Cargo volumes plummet at Dublin Port due to Brexit effect

First-quarter decline in freight from British ports contrasts with increased trade with EU

Mon Apr 19 2021 - 05:39
Legal & General and Clúid acquire Dublin social housing project

Legal & General and Clúid acquire Dublin social housing project

Partnership is expected to deliver 200 social units

Mon Apr 19 2021 - 04:51
Which has a higher standard of living – Northern Ireland or the Republic?

Which has a higher standard of living – Northern Ireland or the Republic?

NI economist stirs debate with claim about cross-Border living standards

Sun Apr 18 2021 - 13:02
Eir looks to recapture lost ground from Virgin in telecoms arms race

Eir looks to recapture lost ground from Virgin in telecoms arms race

Customers trying to get through to us had a really hard time, says Eir boss Carolan Lennon

Sat Apr 17 2021 - 05:18
European stocks notch new highs as Daimler earnings lift car makers

European stocks notch new highs as Daimler earnings lift car makers

In Dublin, Bank of Ireland jumps as it enter talks to buy KBC’s Irish unit

Fri Apr 16 2021 - 17:53
Italian business leaders in Ireland hit out at mandatory hotel quarantine

Italian business leaders in Ireland hit out at mandatory hotel quarantine

Measure seen as ‘discriminatory’ and ‘serious inconvenience’

Fri Apr 16 2021 - 16:21
European shares hit record high after commodities rally

European shares hit record high after commodities rally

S&P 500 and Dow Jones also reach new heights on Wall Street after upbeat data

Thu Apr 15 2021 - 20:07
Kerry Group suspends talks with co-op over sale of assets

Kerry Group suspends talks with co-op over sale of assets

Deal would have meant co-op taking 60% of joint venture with plc retaining remaining 40%

Thu Apr 15 2021 - 17:59
Number of second-hand properties listed for sale falls by 70% in 10 years

Number of second-hand properties listed for sale falls by 70% in 10 years

Report by estate agent Sherry FitzGerald highlights undersupply in market

Thu Apr 15 2021 - 17:47
Brexit and pandemic combine for big hit to Irish trade with Britain

Brexit and pandemic combine for big hit to Irish trade with Britain

Latest data shows surge in trade between North and Republic

Thu Apr 15 2021 - 11:55
Carbery Group enters global mozzarella market as revenue hits €460m

Carbery Group enters global mozzarella market as revenue hits €460m

Cork-based dairy group opens new production plant at Ballineen campus

Thu Apr 15 2021 - 05:16
Lakeland reports record €1.1bn in sales despite pandemic

Lakeland reports record €1.1bn in sales despite pandemic

Dairy co-op benefitted from high volumes of milk being diverted into food ingredients sector

Wed Apr 14 2021 - 14:00
Kingspan embarks on radical overhaul to achieve net-zero carbon emissions

Kingspan embarks on radical overhaul to achieve net-zero carbon emissions

Insulation manufacturer plans to cut emissions to lowest possible level by 2030

Mon Apr 12 2021 - 12:13
Aran Biomedical announces 150 new jobs for Galway

Aran Biomedical announces 150 new jobs for Galway

Medical implant manufacturer plans new facility in Spiddal on foot of increased demand

Mon Apr 12 2021 - 09:46
The plan to tackle Ireland’s housing crisis has failed

The plan to tackle Ireland’s housing crisis has failed

Chances of a young adult owning a home in Ireland have more than halved in 10 years

Sun Apr 04 2021 - 13:12
Covid-19: Five crucial factors behind an economic recovery

Covid-19: Five crucial factors behind an economic recovery

We may see a mixed effect, with some sectors booming and others badly hit

Fri Apr 02 2021 - 05:26
Joe Biden’s sweeping $2.3 trillion plan to rebuild America lifts indexes

Joe Biden’s sweeping $2.3 trillion plan to rebuild America lifts indexes

Credit Suisse set for worst week in a year after Archegos crash

Thu Apr 01 2021 - 18:44
Up to 100,000 workers will permanently lose their jobs due to Covid, Central Bank warns

Up to 100,000 workers will permanently lose their jobs due to Covid, Central Bank warns

Consumer-facing sectors are expected to account for bulk of permanent job losses

Thu Apr 01 2021 - 04:25
Tough lockdown measures keep unemployment rate at 24%

Tough lockdown measures keep unemployment rate at 24%

Latest official figures put Covid-adjusted youth unemployment rate at 59 per cent

Wed Mar 31 2021 - 11:28
Government’s Covid bill expected to hit €28bn by end of 2021

Government’s Covid bill expected to hit €28bn by end of 2021

‘Better days are ahead’ – Minister for Public Expenditure Michael McGrath

Wed Mar 31 2021 - 10:07
Irish plcs reprimanded for failing on climate, diversity and governance issues

Irish plcs reprimanded for failing on climate, diversity and governance issues

LGIM using financial clout to push for change at corporate level in number of areas

Wed Mar 31 2021 - 06:00
House prices jump by €20,000 amid Covid ‘supply shock’

House prices jump by €20,000 amid Covid ‘supply shock’

Number of properties available to buy in March was lowest in 15 years, Daft says

Wed Mar 31 2021 - 05:45
Almost 40% of workers believe their jobs will be obsolete within five years

Almost 40% of workers believe their jobs will be obsolete within five years

PwC survey finds one in 10 remote workers want to go back to office full time

Wed Mar 31 2021 - 05:30
Government provided €2.4bn in subsidies to fossil fuel industry in 2019

Government provided €2.4bn in subsidies to fossil fuel industry in 2019

CSO figures reveal extent to which industry is still supported

Tue Mar 30 2021 - 12:21
Ulster Bank tops list for complaints upheld by financial ombudsman

Ulster Bank tops list for complaints upheld by financial ombudsman

Watchdog either partly, mostly or fully upheld 19 complaints against lender last year

Tue Mar 30 2021 - 10:25
Ibec cuts growth forecast and warns on risk from global tax reform

Ibec cuts growth forecast and warns on risk from global tax reform

Employers’ group downgrades economic growth forecast on foot of extended lockdown

Mon Mar 29 2021 - 05:04
Ibec cuts Irish economic growth forecasts to 3.1% due to lockdowns

Ibec cuts Irish economic growth forecasts to 3.1% due to lockdowns

Ministers expected to push for return of construction focused on house building

Mon Mar 29 2021 - 01:00
Davy and tracker scandal reveal toxic culture at heart of Irish financial system

Davy and tracker scandal reveal toxic culture at heart of Irish financial system

Instances of financial misconduct remain despite new regulatory environment

Sun Mar 28 2021 - 13:06
First-time buyers now account for over half of mortgage approvals

First-time buyers now account for over half of mortgage approvals

New figures show pick-up in mortgage activity

Thu Mar 25 2021 - 18:29
Kerry Group dishes out €2.2m share award to executives

Kerry Group dishes out €2.2m share award to executives

Food ingredients company gives top three executives shares under incentive scheme

Thu Mar 25 2021 - 18:05
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