There is some positive expansion news in the air this morning, with Pepper Ireland and Janssen Sciences both in growth mode.
Charlie Taylor reports that mortgage company Pepper is taking on an additional 100 staff as assets under management surpass €20 billion for the first time, while Áine Kenny has news that pharma group Janssen Sciences Ireland is enlarging its biopharmaceutical supply chain facility in Ringaskiddy, Co Cork with a €150 million investment and 180 new jobs.
The former senator and one-time owner of Aer Arann, Galway businessman Pádraig O'Céidigh, has resigned as chairman of Shannon Group after less than six months in the role. It is understood Mr O'Céidigh's decision to quit followed a number of disagreements with members of the group's management team. Mark Paul has the story.
A little bit of US glamour has rubbed off on Irish television production with the recording of the new US season of Name That Tune in the Republic. Laura Slattery reports that the series, hosted by Jane Krakowski, is the first unscripted peak-time American network show to be made here.
Laura also has the details behind the Central Bank's decision to fine BNY Mellon Fund Services (Ireland) DAC €10.78 million for a prolonged series of regulatory breaches relating to its outsourcing of fund administration activities.
On-demand grocery delivery business Buymie has entered into a new partnership with supermarket giant Asda in England, writes Charlie Taylor. The company says the deal will lead to 60 new jobs.
A day after P&O Ferries admitted breaking UK employment law when it sacked 800 workers without notice, Mark Paul steps back to recall events at Dublin department store Clerys as it was closed suddenly in 2016 and shocked staff were left without jobs. "It is hard to think of a more cynical and badly-handled deal in Irish corporate history," he writes.
Colm Keena takes an in-depth look today at how three prominent Irish property developers who owed millions of euro to Nama managed to retain ownership of development land in Poland after going bankrupt.
In his Economics column, John FitzGerald considers the enormous turmoil passing through the energy market at the moment and wonders if it might eventually have positive long-term consequences for climate change. Renewables are clearly the cheap and secure option for consumers, he argues.
And finally, in case you didn't know a little job satisfaction goes a long way in avoiding burnout, Olive Keogh is here to confirm the message for managers and employees. Even if just 20 per cent of your job gives you a kick, that's enough to keep you going, she writes.
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