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Credit unions hope for relief from negative interest rate bank charges

Credit unions hope for relief from negative interest rate bank charges

Bank of Ireland and AIB have said they will stop charging the fees following the ECB’s rates decision

Wed Jul 27 2022 - 11:19
Covid rebound sees Irish spirits exports jump 25% in 2021

Covid rebound sees Irish spirits exports jump 25% in 2021

Domestic sales increase 8% while Russia replaces the UK as second largest market for Irish whiskey last year

Wed Jul 27 2022 - 05:30
Intel promotes two Irish managers to vice-president level

Intel promotes two Irish managers to vice-president level

Move brings to 11 the number of Irish or Ireland-based vice-presidents at tech giant

Tue Jul 26 2022 - 16:16
Avolon CEO Dómhnal Slattery to step down

Avolon CEO Dómhnal Slattery to step down

Chief financial officer Andy Cronin 'unanimously' appointed as successor, says aircraft lessor

Tue Jul 26 2022 - 15:24
IMF cuts global growth forecasts for third time in 2022

IMF cuts global growth forecasts for third time in 2022

Washington DC-based fund raises inflation forecasts and warns war in Ukraine could escalate energy, food disruptions

Tue Jul 26 2022 - 14:00
IT firm Kaseya to create 250 new jobs in Louth

IT firm Kaseya to create 250 new jobs in Louth

State-backed company will establish ‘centre of excellence’ in Dundalk over next three years

Mon Jul 25 2022 - 16:23
Energy price hikes dent profit expectations for Dublin companies

Energy price hikes dent profit expectations for Dublin companies

Most respondents to survey say they have not implemented energy-saving practices

Mon Jul 25 2022 - 13:08
Norman Crowley digs deep with plan to decarbonise mining

Norman Crowley digs deep with plan to decarbonise mining

His Cool Planet group lost over €10 million in 2020 due to pandemic impact

Thu Jul 21 2022 - 05:00
New construction finance vehicle targeting projects valued up to €20m

New construction finance vehicle targeting projects valued up to €20m

Earlsfort Capital Partners said it has already closed two transactions, valued at a combined €25m

Wed Jul 20 2022 - 15:07
Poolbeg Pharma gets human trial approval for flu drug

Poolbeg Pharma gets human trial approval for flu drug

Open Orphan spin-out said could ‘create significant value’ beyond treatment of severe influenza

Wed Jul 20 2022 - 12:34
Housing shortage in capital ‘driving employment abroad’

Housing shortage in capital ‘driving employment abroad’

Dublin Chamber said that housing is its ‘top priority’ in Budget 2023, calling for more investment in urban infrastructure

Wed Jul 20 2022 - 12:20
Riot Games launches Dublin esports broadcast centre

Riot Games launches Dublin esports broadcast centre

New facility will create 120 jobs at game developer's European headquarters in Swords

Wed Jul 20 2022 - 09:30
Dunnes Stores workers submit claim for 7.7% pay rise

Dunnes Stores workers submit claim for 7.7% pay rise

Represented by Mandate, employees seek 'significant pay increases, additional annual leave days and creation of full-time jobs'

Wed Jul 20 2022 - 08:36
Nua Healthcare to add 470 new jobs

Nua Healthcare to add 470 new jobs

Intellectual disability and mental health service provider says it has filled 300 new roles since March

Wed Jul 20 2022 - 07:50
Grant Thornton takes majority stake in Cork-based Valid8me

Grant Thornton takes majority stake in Cork-based Valid8me

Professional services giant to pump €12.5m into digital platform formerly known as Horizon8

Wed Jul 20 2022 - 07:00
Central Bank authorises crypto exchange Gemini

Central Bank authorises crypto exchange Gemini

Company founded by Winklevoss twins can now market to Irish consumers

Tue Jul 19 2022 - 16:14
Record €672m spent on research funding in 2021

Record €672m spent on research funding in 2021

State body Knowledge Transfer Ireland says 32 companies were spun out from research institutes last year

Tue Jul 19 2022 - 13:36
Fate of planned Mullingar film studio in hands of councillors

Fate of planned Mullingar film studio in hands of councillors

Construction of Hammerlake with 11 sound studios needs vote of approval to contravene Westmeath county plan

Tue Jul 19 2022 - 05:00
Pandemic drives new focus on risk, PwC finds

Pandemic drives new focus on risk, PwC finds

Majority of Irish businesses say they will increase investment in risk management practices and technology

Tue Jul 19 2022 - 05:00
AerCap signs deal to lease six aircraft to low-cost Brazilian airline GOL

AerCap signs deal to lease six aircraft to low-cost Brazilian airline GOL

Irish company completed 184 deals in second quarter alone

Mon Jul 18 2022 - 15:17
Committed to focusing on health of the underserved 51% — women

Committed to focusing on health of the underserved 51% — women

Women’s health accounts for just 25% of revenue at MSD spin-off Organon, but it is the basis on which the firm intends to build

Fri Jul 15 2022 - 00:01
Irish economy expected to outpace EU average this year and next

Irish economy expected to outpace EU average this year and next

Once multinational activity stripped out, the economy shrank in the first quarter of 2022

Thu Jul 14 2022 - 17:38
Bank of Ireland warns customers of ‘new wave’ of scam texts

Bank of Ireland warns customers of ‘new wave’ of scam texts

Customers should ‘never share one-time passcodes with anyone, even if they claim to be from their bank’

Thu Jul 14 2022 - 13:08
Ikea Ireland pieces together 9% profit growth despite higher costs

Ikea Ireland pieces together 9% profit growth despite higher costs

Online sales more than double as ‘huge customer appetite’ for living space upgrades sees home furnishing giant thrive during lockdown

Thu Jul 14 2022 - 10:53
Difficult choices needed in Budget 2023, warns watchdog

Difficult choices needed in Budget 2023, warns watchdog

Irish Fiscal Advisory Council says Government policy cannot permanently shelter economy from inflation

Wed Jul 13 2022 - 17:19
Stocks fluctuate as recession risks rise

Stocks fluctuate as recession risks rise

‘Relief rally’ in airline stocks helps lift Irish and British indices into the green

Tue Jul 12 2022 - 17:59
Origin Enterprises completes €40 million share buyback

Origin Enterprises completes €40 million share buyback

Agri-food group announced programme in March after half-year financial results showed 53% rise in revenues

Mon Jul 11 2022 - 17:32
CRH acquires US railing company for almost €1.9bn

CRH acquires US railing company for almost €1.9bn

Irish building materials giant first announced the deal for Ohio-headquartered Barrette Outdoor Living in June

Mon Jul 11 2022 - 10:28
SBCI launches €150m ‘energy efficiency’ loan fund

SBCI launches €150m ‘energy efficiency’ loan fund

State-backed lender's scheme will offer 'discounted term loans, asset finance and hire purchase to SMEs and farmers

Mon Jul 11 2022 - 10:00
‘Strong’ demand for sites as land sales pick up

‘Strong’ demand for sites as land sales pick up

Led by two deals worth over €50m, half-year sale volumes hit €275m, Savills Ireland said

Mon Jul 11 2022 - 08:46
Construction activity contracts amid soaring costs

Construction activity contracts amid soaring costs

New orders fell for third successive month in June and job growth stalled, according to BNP Paribas research

Mon Jul 11 2022 - 08:01
Ireland could take ‘leading role’ in aviation’s net zero transition, says PwC

Ireland could take ‘leading role’ in aviation’s net zero transition, says PwC

Firm warns ‘significant private investment’ needed to unlock renewable energy sector

Mon Jul 11 2022 - 05:00
Chadwicks donates €250,000 to TU Dublin for construction training hub

Chadwicks donates €250,000 to TU Dublin for construction training hub

Partnership will support development of new skills and apprenticeship centre in the capital

Mon Jul 11 2022 - 05:00
‘Significant momentum loss’ for North’s firms amid soaring prices

‘Significant momentum loss’ for North’s firms amid soaring prices

Businesses at their most pessimistic since October 2020, according to Ulster Bank research

Mon Jul 11 2022 - 05:00
Solar21 submits application for £3bn energy park

Solar21 submits application for £3bn energy park

Dublin-based renewable energy company is funding the development in North Lincolnshire

Mon Jul 11 2022 - 05:00
Irish shoppers paying more for Irish goods than in UK

Irish shoppers paying more for Irish goods than in UK

Seen & Heard: Meta’s energy hungry data centre; tax bill for pension at 66; and gas-rationing fears

Sun Jul 10 2022 - 12:27
Hiring platform says job vacancy growth ‘levelling out’

Hiring platform says job vacancy growth ‘levelling out’

The industries that experienced the worst of the pandemic are still those that have the greatest demand for talent

Fri Jul 08 2022 - 14:14
Pre-tax losses narrow slightly at Business Post Group

Pre-tax losses narrow slightly at Business Post Group

Company lost almost €336,000 in 2020, down from 2019 despite Covid impact

Fri Jul 08 2022 - 12:29
Surging commodities lift European stocks

Surging commodities lift European stocks

‘Boris bounce’ sees FTSE rise for second consecutive session after Tuesday’s crash

Thu Jul 07 2022 - 18:24
Prime office rents rebound to pre-Covid levels

Prime office rents rebound to pre-Covid levels

Residential property, the top asset class for investors, accounts for 34% of commercial transactions

Thu Jul 07 2022 - 15:21
Right to seek remote work must be extended, committee says

Right to seek remote work must be extended, committee says

Call for employees to be able to request remote working without 26 weeks in job as draft Bill grounds for refusal labelled ‘cumbersome’

Thu Jul 07 2022 - 13:31
Minister for Enterprise establishes new white collar crime agency

Minister for Enterprise establishes new white collar crime agency

Varadkar signs orders allowing for the commencement of the new Corporate Enforcement Authority’s activities

Thu Jul 07 2022 - 05:30
IDA Ireland boss Martin Shanahan to stand down

IDA Ireland boss Martin Shanahan to stand down

Employment in IDA client companies grew to record levels in 2021, according to its annual report

Wed Jul 06 2022 - 11:24
Irish Congress of Trade Unions row in behind ‘Debenhams Bill’

Irish Congress of Trade Unions row in behind ‘Debenhams Bill’

Legislation would give preferential creditor status to employees in collective redundancy situations.

Wed Jul 06 2022 - 05:30
Award-winning clean-tech company to be wound down

Award-winning clean-tech company to be wound down

Longford-based Airsynergy had accumulated losses of more than €23m at the end of 2019

Wed Jul 06 2022 - 05:15
Euro tumbles to 20-year low as dollar parity beckons

Euro tumbles to 20-year low as dollar parity beckons

Traders bet the ECB will go slower on raising interest rates with recession risk rising

Tue Jul 05 2022 - 17:29
Private-equity firm Melior invests in Rose Confectionery

Private-equity firm Melior invests in Rose Confectionery

Edenderry-based freeze pop and sweets maker employs 60 in Offaly and Dublin

Mon Jul 04 2022 - 19:40
Irish drinks exports to US worth €619m in 2021

Irish drinks exports to US worth €619m in 2021

America the biggest export market for Irish spirits, new Drinks Ireland figures show

Mon Jul 04 2022 - 13:29
Ardonagh Group to buy Dutch insurance broker Léons

Ardonagh Group to buy Dutch insurance broker Léons

Dublin-headquartered company has expanded into Europe over the past couple of years

Mon Jul 04 2022 - 10:26
Gavin Slark to stand down as Grafton Group chief

Gavin Slark to stand down as Grafton Group chief

Businessman has led the builders merchants and DIY retail group for 11 years

Mon Jul 04 2022 - 07:43
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