Ireland - Business Week
Thursday - 9th August, 2018
Sterling crashes to lowest in a year to squeeze Irish exporters
THE pound suffered a heavy sell-off yesterday, skidding to its lowest level against the euro in almo...
Thursday - 2nd August, 2018
Holland enjoys €10.47m gain from selling off tours business
LOW-PROFILE hotelier and businessman Michael Holland gained €10.47m when he sold his Irish Welcome...
Thursday - 26th July, 2018
Love Island and World Cup lift for ITV ad sales boosts McCall
ITV has said advertising sales were bolstered by hit reality show ‘Love Island’ and England’s ...
Thursday - 19th July, 2018
West of Ireland co-op Aurivo unveils investment programme worth €48m
AURIVO, the agri-foods business behind brands including Connacht Gold and Donegal Creameries, is to ...
Thursday - 12th July, 2018
EY plots expansion with 520 new hires
CONSULTANCY firm EY is to create 520 new jobs in a major recruitment drive that will bring its total...
Thursday - 5th July, 2018
Global economic recovery at risk from trade barriers – WTO
TRADE barriers being erected by major economies could jeopardise the global economic recovery and th...
Thursday - 28th June, 2018
Irish childrenswear designer shortlisted for top award
DUBLINER Cairenn Foy’s childrenswear line has achieved a milestone after just a year in business, ...
Thursday - 21st June, 2018
Ex-BoSI chief eyes return to mortgage lending
FORMER Bank of Scotland Ireland boss Mark Duffy is seeking backers for a new residential mortgage le...
Thursday - 14th June, 2018
Corporate tax ‘better to receive than not’, TDs told
FINANCE Minister Paschal Donohoe has rejected a call for a fresh review of Ireland’s corporation t...
Thursday - 7th June, 2018
Massive Irish wind farm portfolios up for grabs as institutions seek exit
TWO large Irish wind farm portfolios have been put on the market by their owners. AMP Capit...
Thursday - 31st May, 2018
Backers sought for radical 2,000 home eco-town
MORE than 2,000 new homes are being planned in an experimental carbon-neutral development in Waterfo...
Thursday - 24th May, 2018
Brussels says Ireland helping firms avoid tax with ‘aggressive’ planning
THE European Commission has claimed that tax multinationals are continuing to use Ireland for “agg...
Thursday - 17th May, 2018
Leading entrepreneur hits out at ‘astounding’ education gulf
IRELAND is suffering from a “strong disconnect between education and the real world,” one of Ire...
Thursday - 10th May, 2018
Irish tech boom sees VC cash hit €1bn in a year
ANNUAL venture capital funding has exceeded €1bn in Ireland for the first time, new figures show.&...
Thursday - 3rd May, 2018
Watchdog to launch cyberattacks to examine Irish banks’ weaknesses
THE Central Bank here is to launch simulated cyberattacks on banks, to stress test the resilience of...
Thursday - 26th April, 2018
Video ads help Twitter to second-quarter profit
TWITTER has reported its second profitable quarter and topped Wall Street estimates for revenue and ...
Thursday - 19th April, 2018
IFG shares yo-yo after board makes sweeping changes
SHARES in Dublin-based financial services firm IFG swung wildly yesterday – gaining 2.7pc at one s...
Thursday - 12th April, 2018
Fresh food helps to lift Tesco’s Irish sales to €2.57bn as group profit soars
TESCO’S sales in Ireland, including fuel, rose 3.6pc to €2.57bn in its last financial year, help...
Thursday - 5th April, 2018
Canadian energy firm makes €7m on Bord Gáis wind farm sales
BROOKFIELD Renewable Partners, the Canadian company that acquired Bord Gáis’s wind farms ...
Thursday - 29th March, 2018
AIB calls for final bids on Redwood as shares spike on back of tax ruling
REMAINING bidders on AIB’s €3.7bn Redwood loan portfolio sale are racing to submit final bids by...
Thursday - 22nd March, 2018
ESRI in warning that it’s ‘impossible’ to determine sustainable growth
IT is impossible to determine a sustainable level of growth in the economy given the continued multi...
Thursday - 15th March, 2018
EI sought beefed-up Brexit rescue package
ENTERPRISE Ireland unsuccessfully lobbied Government to revive a large-scale business rescue fund th...
Thursday - 8th March, 2018
How to survive final countdown to startup launch
Richard Rodger, p6...
Thursday - 1st March, 2018
Investors have €5bn available for Irish build-to-rent housing schemes
AS MUCH as €5bn in capital is now targeting build-to-rent (BTR) opportunities in Ireland’s resid...
Thursday - 22nd February, 2018
ABP signs first Irish deal to sell beef in China
LARRY Goodman’s ABP has secured the first contract to supply Irish beef to China, ahead of the wid...
Thursday - 15th February, 2018
‘Capital-hungry’ Finance Ireland to launch €200m mortgage bond
FINANCE Ireland’s rapidly expanding commercial property arm is expected to tap a fresh source of f...
Thursday - 8th February, 2018
Smurfit Kappa in €1.6bn drive to lift growth
PACKAGING giant Smurfit Kappa is going to invest an extra €1.6bn in its business between now and 2...
Thursday - 1st February, 2018
Broadcasting body spent €11m on projects including Jolie film
JUST over €11m in funding was offered for radio and television projects under the Sound and Vision...
Thursday - 25th January, 2018
Tracker scandal hikes Central Bank’s €4m bill for professional services
THE Central Bank spent more than €4m in one year on professional services companies, in part to su...
Thursday - 18th January, 2018
Irish unit of Karen Millen back in black with €200,000 profit
THE Irish unit of fashion firm Karen Millen returned to the black during its last financial year, po...
Thursday - 11th January, 2018
Foreign taste for in-vogue butter sends food exports soaring to record €12.6bn
THE dramatic revival of butter has seen exports soar by 60pc in value, as the rapidly-expanding dair...
Thursday - 4th January, 2018
Profits soar at Cartoon Saloon animation studio in Kilkenny
PROFITS at the Oscar-tipped Cartoon Saloon animation studios increased by 16pc in 2016 to €273,878...
Thursday - 21st December, 2017
Fresh €1m deal seals record year of growth for Monaghan export star
COMBILIFT, the warehouse solutions and forklift manufacturer, has signed a €900,000 contract with ...
Thursday - 14th December, 2017
Mayo Renewable liquidator out to raise €10m from sale of power plant
AN unfinished biomass power plant in Co Mayo into which almost €100m had been ploughed before the ...
Thursday - 7th December, 2017
US securities watchdog reveals tip-offs from 12 Irish-based whistle-blowers
TWELVE individuals based in Ireland were among those who acted as whistle-blowers to the US Securiti...
Thursday - 30th November, 2017
Rabo and EIB back cut-price agri-food loans
THE European Investment Bank (EIB) is partnering with Dutch lender Rabobank to provide €200m in ch...
Thursday - 23rd November, 2017
Retailers fear Amazon festive sales threat
ALMOST three-quarters of Irish retailers believe the biggest challenge facing them is the increasing...
Thursday - 16th November, 2017
CityJet in talks to extend Air France deal as it adds Brussels Airlines jet
CITYJET is in talks with Air France to extend an existing agreement to operate flights out of Paris ...
Thursday - 9th November, 2017
Pilots aim for €100k ‘safety net’ fund to back collective bargaining push
AS much as €3,000 a day is being raised for a fund that will be used to provide benevolent financi...
Thursday - 2nd November, 2017
Sterling gains on the euro ahead of rate hike
STERLING has jumped to a four- and-a-half month high against the euro amid stronger manufacturing da...
Thursday - 26th October, 2017
Stobart to spin-off Dublin-based aviation unit in group reshuffle plan
last week that Stobart did not want to “miss out” on UK transport and energy consolidation oppor...
Thursday - 19th October, 2017
Kerry hotels group records €19.2m revenues
THE directors of a Kerry luxury hotel group have sounded warnings over the short to medium-term impa...
Thursday - 12th October, 2017
Ryanair pilots at Madrid base urged to reject new pay offer from airline
RYANAIR pilots at Madrid have been urged by a new European Employee Representation Committee to reje...
Thursday - 5th October, 2017
Top Irish aviation boss slams Bombardier’s ‘unfair’ support
BRAZILIAN jet maker Embraer is not interested in “killing” Bombardier, but wants it to behave li...
Thursday - 28th September, 2017
Ireland slips again in the latest global competitiveness rankings
IRELAND has slipped one place to 24 in a global competitiveness ranking, while the UK is at number e...
Thursday - 21st September, 2017
Eir warned it’s on ‘collision’ course with telecom regulator
COMREG is set for a “collision” with Eir unless the company changes how it’s run, the chairman...
Thursday - 14th September, 2017
Adrian Weckler reports from California on the launch of the iPhone X
Thursday - 7th September, 2017
Singapore wealth fund buys stake in Barrington jet firm
SINGAPORE wealth fund GIC – which owns 16pc of Irish telecoms firm Eir – has agreed to buy a 30p...
Thursday - 31st August, 2017
Octagon repays film cash to German investor amid row
OCTAGON Films has repaid all of the ‘start-up’ money advanced to it by a German investor 15 year...
Thursday - 24th August, 2017
CEO Pitt abstains in vote to re-elect Buckley as INM chair
INDEPENDENT News & Media (INM) chief executive Robert Pitt abstained on a show of hands as s...
Thursday - 17th August, 2017
Irish company Voxpro sold to Canadian call centre giant
CORK-BASED call centre business Voxpro, which employs 2,700 people worldwide, has been bought by the...
Thursday - 10th August, 2017
Government must be wary about plucking golden goose
Brendan Keenan, page 12...
Thursday - 3rd August, 2017
Stella & Dot ‘Tupperware’ sales model going digital
LIFESTYLE brand Stella & Dot is marking its 10th birthday by expanding from jewellery and ba...
Thursday - 27th July, 2017
Trouble in store for iOS users?
Protect your data now as Apple update could make a range of apps redundant. Ronan Price, p6...
Thursday - 20th July, 2017
Nama’s ‘biggest impediment’ was ban on sales back to builders – McEnery
NOT being allowed to sell loans back to the borrowers who originally took them out hamstrung Nama an...
Thursday - 13th July, 2017
Swedish CEO is declared bankrupt after identity theft
THE man running Sweden’s biggest security firm was declared bankrupt this week after his identity ...
Thursday - 6th July, 2017
Are plans to bring back the bedsit the right move?
Richard Curran, p16...
Thursday - 29th June, 2017
Norwegian plans direct flights from Ireland to Asia – if Russia agrees
NORWEGIAN Air International (NAI) is considering direct flights between Dublin and Asia if it can se...
Thursday - 22nd June, 2017
Trust, not fines, driving Facebook
Interview, page 6...
Thursday - 15th June, 2017
The tech chief leading a sports injury revolution
Adrian Weckler, p6-7 p20...
Thursday - 8th June, 2017
Bank of Ireland CEO Boucher weighs up new role with billionaire Prem Watsa
BANK of Ireland’s outgoing CEO, Richie Boucher, is considering a future role with the Canadian bil...
Thursday - 1st June, 2017
State may sell bigger AIB stake at €13bn valuation
THE Government may sell more than just a quarter stake in Allied Irish Bank this month if investor d...
Thursday - 25th May, 2017
Lone Star shoots for €300m profit on Jurys Inn
US vulture fund Lone Star is set to flip the Jurys Inn chain, likely making at least a €300m profi...
Thursday - 18th May, 2017
EBA bid ‘can be leverage in Brexit talks’
OFFICIALS have flagged the potential to use a bid to be the home of the European Banking Authority a...
Thursday - 11th May, 2017
€40m Dublin Aerospace investment pulled after Brexit vote
DUBLIN Aerospace, the aircraft-maintenance group has pulled what would have ultimately been €40m i...
Thursday - 4th May, 2017
Intel gets green light for expansion of Kildare plant
INTEL has secured planning permission for a massive extension to its factory in Leixlip, Co Kildare,...
Thursday - 27th April, 2017
Saudis pick Dublin for record Islamic Finance bond deal
SAUDI Arabia listed its biggest ever sharia-compliant bond, known as a sukuk, on the Irish Stock Exc...
Thursday - 20th April, 2017
Former millionaire Sarah Newman exits process a year after hitting headlines. p3
IRELAND’S business owners remain upbeat about their prospects despite Brexit and wider geopolitica...
Thursday - 13th April, 2017
Offshore banks rebuked in Central Bank warning shot
THE Central Bank has issued a rebuke to a number of international lenders operating in Ireland for f...
Thursday - 6th April, 2017
Top Irish officials raise worries about Trump’s Presidency
CENTRAL Bank Governor Professor Philip Lane, pictured, and senior government officials here have rai...
Thursday - 30th March, 2017
Ryanair warns UK may have no EU flights unless Brexit deal is agreed
THE UK could have no flights to the EU immediately following Brexit – at least temporarily – unl...
Thursday - 23rd March, 2017
CSO rebranding to develop a new corporate identity
THE Central Statistics Office (CSO) is looking to embark on an estimated €60,000 rebranding to dev...
Thursday - 16th March, 2017
Lender Dilosk snaps up performing loan portfolio valued around €60m
SPECIALIST lender Dilosk has swooped on a portfolio of performing loans in a move aimed at increasin...
Thursday - 9th March, 2017
State has until 2020 to repay €52bn, TDs told
THE State must refinance €52bn in debt by 2020 – more than the entire national debt before the f...
Thursday - 2nd March, 2017
CRH chief sees ‘no situation’ where Irish company would supply materials to build Trump’s border wall
THE boss of Ireland’s biggest company, CRH, has insisted that its US businesses won’t supply mat...
Thursday - 23rd February, 2017
Irish investors ‘doing better in France than Chinese’ – minister
IRISH companies have invested more in France than Chinese firms, the French foreign minister has sai...
Thursday - 16th February, 2017
VC funding for Irish business up 70pc to €888m – read Adrian Weckler’s special report
See pages 3, 6 and 7...
Thursday - 9th February, 2017
Aer Lingus misses out on transatlantic route battle
THE Aer Lingus brand won’t be used for IAG Group’s planned low-cost long-haul airline, ceo Willi...
Thursday - 2nd February, 2017
Brexit focus needs to be more on trade, less on North – exporters told
THE Government is too focused on Northern Ireland in relation to Brexit, at the expense of trade and...
Thursday - 26th January, 2017
Planned €150m Liffey Valley project will be ‘reviewed’ if carpark rejected
A PLANNED €150m extension to Dublin’s Liffey Valley shopping centre will be reviewed if An Bord ...
Thursday - 19th January, 2017
AIB tipped to pay €285m dividend to the State
AIB is tipped to pay a €285m dividend within months, its first since the crash. Almost all of the ...
Thursday - 12th January, 2017
Volkswagen’s US emissions bill set to be ‘under €20 billion’
A SETTLEMENT with the US authorities over emissions-test cheating will push up the cost for Volkswag...
Thursday - 5th January, 2017
Next shares fall following Christmas sales gloom
UK retail giant Next has cut its profit forecast for the current financial year after a poor Christm...
Thursday - 15th December, 2016
Starbucks claims ‘manifest errors’ made in EU tax case
STARBUCKS has attacked what it said were “manifest errors” made by European Union competition au...
Thursday - 8th December, 2016
EasyJet’s ex-chief advising Stobart on talks
THE former chief operating officer of EasyJet has been advising UK transport group Stobart on strate...
Thursday - 1st December, 2016
Cerberus firms rake in €30m profits – but pay just thousands in Irish tax
TWO more Irish firms owned by US investment firm Cerberus have revealed minuscule tax liabilities he...
Thursday - 24th November, 2016
Chinese firm set to finalise stake in Gaelectric assets by early December
THE sale of a majority stake in 200 megawatts of wind power assets owned by Gaelectric to China Gene...
Thursday - 17th November, 2016
Banks fleeing Brexit will wait ‘at least a year’ for licence here – Noonan
INTERNATIONAL banks looking to locate operations here in the wake of Brexit could end up waiting for...
Thursday - 10th November, 2016
More sterling falls could dent Irish growth – Commission
FURTHER falls in sterling as a result of the Brexit vote could dent economic activity in Ireland, th...
Thursday - 3rd November, 2016
One51 scraps metals recycling unit as businesses sold to former owners
ONE51 has confirmed the sale of its Irish metals recycling business, in what the Irish Independent u...
Thursday - 27th October, 2016
European Commission examines Wallace complaint over Reit taxes
THE commercial real estate sector is facing fresh uncertainty with confirmation from the European Co...
Thursday - 20th October, 2016
Profits rise as Middle Eastern clients snap up Kennedy’s styles
THE fashion firm operated by designer Louise Kennedy enjoyed a €310,000 increase in profits rise l...
Thursday - 13th October, 2016
Stockbrokers tip banks and builders as main winners from Budget 2017
BANKS and builders are the main winners from minister Noonan’s €1.3bn budget package, according ...
Thursday - 6th October, 2016
Trish McEvoy cosmetics firm puts on war paint for court
THE popular US cosmetics firm founded by Irish-born Trish McEvoy is suing a rival for trademark infr...
Thursday - 29th September, 2016
Don’t bet on a Brexit bonus
It’s worrying that the UK might just hang on to its City passporting rights. Richard Curran, p22...
Thursday - 22nd September, 2016
We need to talk about tax
Amid claims that some workers pay more than their Swiss counterparts, it’s time to look at who’s...
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