Publication
EU regulation may force tech giant to reduce investment, says Apple VP
A senior Apple executive has said European regulation may force the tech giant to reduce its investment in European operations. Apple’s largest European base is in Cork, where it employs 6,000 people. Speaking to the Irish Independent, Apple’s global...
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Portugal’s media watchdog to probe contract with NewsWhip
A contract that the Irish-founded company NewsWhip has signed with the government of Portugal is being investigated by the country’s media watchdog, following claims that its technology will be used to monitor journalists. Opposition parties and trade...
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BP veteran Delaney tapped for €4m top job at Austrian oil firm
Dublin-born BP executive Emma Delaney is set to become the first female chief executive officer at Austrian oil, gas and chemicals company OMV. The Vienna-headquartered company employs 22,000 people and had revenues of €24bn last year. Ms Delaney will...
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Shares surge and threat of ECB rate hike fades as war on hold
Bets that the European Central Bank (ECB) will hike interest rates this month were slashed yesterday, as oil prices fell on the prospect of an end to the US war in the Middle East and share prices surged. Money markets that were predicting a potential...
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Central Bank issues revised 2.9pc inflation forecast after oil shocks
The Central Bank (CBI) has revised up its forecast for inflation this year to 2.9pc, due to the higher oil and gas prices that are being driven by the ongoing war in the Middle East. A more severe energy shock scenario could see inflation going over...
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Tax breaks for ‘tech talent’ may be needed for Ireland’s future growth
Ireland should consider using personal tax policy to attract tech “superstars” and entrepreneurs from abroad to set up here, just as tax breaks were used to lure multinationals, according to a report by former government adviser Alan Ahearne...
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Up to 1,000 firms a week targeted for involuntary strike-off
As many as 1,000 companies a week are to be targeted with potential strikeoff action by the Companies Registration Office (CRO) for failing to file their annual returns on time. It marks an intense acceleration of dealing with errant companies as the...
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