The average mortgage loan for a house purchase here exceeded €300,000 for the first time last year, according to the latest quarterly report by property website MyHome.ie on property market trends. Ciarán Hancock has the details, which do not provide comforting reading for a prospective buyer.
Alvarez & Marsal, the New York-based international management consulting firm, has opened an office in Dublin by establishing a corporate finance practice with a former KPMG partner as its head. Joe Brennan has the story.
After Meta chief executive Mark Zuckerberg effectively a shift to the right with a raft of moves this week including dropping fact checking in the US, Ciara O’Brien asks what will the consequences be, if any?
Cantillon breaks down the details from the MyHome report, while also assessing what can be garnered from the latest unemployment and services data published by the CSO on Wednesday.
A shipping company that sparked truckers’ anger by boosting charges as a consequence of Holyhead’s closure began adding the extra costs at the start of this month, it has emerged. Luxembourg-based shipping group CLDN has told hauliers it is adding surcharges of twice the normal booking rate for any loads above a company’s “usual allocations”, prompting complaints from hauliers. Barry O’Halloran reports.
Ardagh Group has appointed corporate insolvency and restructuring experts from both sides of the Atlantic to its board as the glass and metal packaging group continues to weigh options to reduce what is seen as an unsustainable $12.5 billion (€12.1 billion) debt pile. Joe has the details.
Ryanair is weighing more lawsuits against disruptive passengers after confirming that it is seeking €15,000 from an individual whose behaviour forced a Dublin-Lanzarote flight to divert last year. Barry has the story.
Profits at the firm which operates Ireland’s only oil refinery at Whitegate in Co Cork increased 10 per cent to $128.4 million (€124.5m) in 2023. Accounts for Irving Oil Whitegate Holdings Ltd also reported that revenues decreased by 3.5 per cent from $3.397 billion to $3.275 billion. Gordon Deegan reports.
As much as 84 per cent of companies in Dublin support the removal of the 32-million-person passenger cap at Dublin Airport, according to new data from the Dublin Chamber of Commerce, with close to two-thirds strongly supporting its removal. Fiona Keeley has the story.
In this week’s Inside Business podcast, motoring writer Neil Briscoe joins host Ciarán Hancock on the line to go through some of the affordable options for those looking to buy a car now, and explain why sales of EVs went into reverse last year. We also hear from Conor Hanley, chief executive and president of Fire1, an Irish Medtech company that this week raised $120 million to fund final clinical stage trials in the US for a device which helps monitor heart failure.
Could a glut of affordable EVs tempt Irish motorists to make the switch?
Neil Briscoe writes extensively about motoring for the Irish Times and he joined host Ciarán Hancock to go through some of the affordable options for those looking to buy, and explain why sales of EVs went into reverse last year.
As we enter the new year, it’s often a time for us to sort out our various tech issues, or at least try to. Ciara takes you through how to put manners on your tech, while also reviewing a home cleaner that almost takes care of itself.
In Innovation, Nicholas Gruen of Lateral Economics looks at how Europe can compete with the US when it comes to the tech and innovation sectors, while Olive Keogh meets the founders behind an AI-driven platform addresses high rate of attrition among PhD students.
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