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Dublin: 7 °C Thursday 19 January, 2017

Business - Today’s News

Cash savvy members of the public exchange €1.3m worth of old Irish punts

There is still over a quarter of a billion euro worth of punts lying about in drawers and jars across Ireland.

Business - Yesterday’s News

A new Dublin hotel backed by Denis O'Brien will be aimed at tech-savvy travellers

The 202-room Aloft-branded property is planned for the Liberties.

Business - Tuesday 17 January, 2017

Meet the Irish delegates rubbing shoulders with the global elite at Davos

Denis O’Brien appears to be skipping the latest installment.

As it happened: Theresa May has outlined her plans for Brexit

The British Prime Minister has given us her 12-point plan for Brexit this morning.

Central Bank completes sale of its Dublin HQ for €67 million

The iconic Dame Street building has been sold to real estate investors Hines Ireland and Peterson Group.

Charities Regulator to animal charity - 'sort out your books or else'

Last night’s Claire Byrne Live investigation alleged charity Animal Heaven Animal Rescue had deficiencies in its bookkeeping, fundraising and financial transparency.

How to make your 'escape room' tourist attraction stand out? Build it in a boat

Its backers have spent months sourcing props for the new ship-based attraction, they say.

Business - Monday 16 January, 2017

SuperValu wins the Christmas supermarket war

Irish shoppers spent an extra €92 million on groceries over the festive period.

Eight men hold as much wealth as half the planet combined

Some of the world’s richest people are meeting in Davos this week.

Business - Sunday 15 January, 2017

How one of Ireland's most southerly towns has fought back against the city brain drain

After years of seeing many of its brightest leave in their droves, Skibbereen is bouncing back.

New rules mean top jobs in Irish civil service must go to women

When it’s between two candidates of equal merit, female candidates will be priorities.

Poll: Would a double property tax for vacant houses help ease the housing crisis? Double Down This post contains a poll

Poll: Would a double property tax for vacant houses help ease the housing crisis?

A report in today’s Sunday Business Post suggests that a Fine Gael motion on such a tax is unlikely to be challenged by Fianna Fáil.

Sisters behind Irish fashion startup Opsh step down after falling victim to the 'investment chasm'

The company has received nearly €1 million in funding.

After months of non-answers, it's looking like we really are heading for a 'hard' Brexit

A number of UK newspapers this morning report that Theresa May will be calling for a hard Brexit in a landmark speech this Tuesday.

Business - Saturday 14 January, 2017

How the son of Ireland's richest man lost his job leading India's biggest company

Cyrus Mistry was the CEO of Tata Group, a gigantic conglomerate which owns more than 100 businesses.

Dublin restaurants say persistent beggars are a 'major threat' to diners' comfort

A Dublin City Council report also recommends planning rules for outdoor seating be relaxed.

'Counterproductive' - union dismayed at cash-strapped Bus Éireann's plans to cut overtime

The dire financial situation at the State-owned bus company is such that it could be declared insolvent within 18 months.

Ratings agency Moody's to pay €812 million fine in reparation for the mortgage crisis

The US Financial Crisis Inquiry Commission has said that the credit crash “could not have happened without the rating agencies”.

Business - Thursday 12 January, 2017

Watch: The bizarre moment US news network C-Span was 'taken over' by Russia Today Moscow Calling This post contains videos

Watch: The bizarre moment US news network C-Span was 'taken over' by Russia Today

Russia Today is the Moscow-backed English language new network.

Amazon to create 100,000 full-time jobs in US in next 18 months

Donald Trump is claiming to have played a role in the move.

Plans for the new Civic Plaza at College Green will be submitted in March

The Luas will be operating at the site by the end of this year.

2016 was a good year for jobs, with a jump in construction roles

However, businesses have been warned to prepare for the potential consequences of Brexit.

Losses top €5m at Donald Trump's Doonbeg golf course

The US president-elect has pumped €20 million into upgrading the facility so far.

More than four times the population of Ireland used Dublin Airport last year

The airport set a new record for passenger numbers.

Business - Wednesday 11 January, 2017

Jobs still under threat but Bus Éireann says it will keep Expressway services

Bus Éireann is facing insolvency within the next two years after a period of heavy losses.

Poll: Should Ireland introduce some form of national maximum wage cap? Your Say This post contains a poll

Poll: Should Ireland introduce some form of national maximum wage cap?

UK Labour leader Jeremy Corbyn has called for a cap to be introduced in Britain in light of the “simply ridiculous” wages earned by footballers and CEOs

Business - Tuesday 10 January, 2017

Snapchat shrugs off Brexit fears to choose London over Dublin for new HQ

Facebook, Google and LinkedIn all previously chose Ireland for their EMEA base.

Business - Monday 9 January, 2017

McDonald's sells majority stake in its Chinese restaurants to state-owned company

The deal is part of an international turnaround plan by the Golden Arches as it struggles with sluggish growth in the US.

The government is warning companies to brace for a hard Brexit

Enterprise Ireland also announced that more than 200,000 people are employed by its client firms.

The former Zanzibar Hotel on Dublin's north quays has been sold to an aparthotel group

Lockeliving reportedly wants to develop more than 100 rooms at the site.

KBC staff 'concerned for their jobs' as bank decides on its future in Ireland

The bank’s management will be deciding how to tackle the Irish market on the 9 February.


Corporate gifts used to be about champagne - now firms demand tokens that will last

Louise Lonergan says non-cash bonuses can boost staff morale.

'Out of the blue, we got a letter to say our loans had been sold to a vulture fund'

Housing has become the biggest issue for hundreds of thousands of people in Ireland.

Business - Sunday 8 January, 2017

The Central Bank wants bank ATMs to dispense more €10 notes

Targets have been sent for the banks to give customers the option to take out smaller amounts of cash.

Business - Friday 6 January, 2017

New companies topped 20,000 last year for the first time in almost two decades

There was an 8% increase in the number of new Irish firms registered with the CRO in 2016.

Business - Thursday 5 January, 2017

Apple boss Tim Cook will NOT be coming to Leinster House

Cook was invited to speak before the Oireachtas Finance Committee.

More than 500 people have already applied for the new first-time buyers scheme

The Help-To-Buy scheme opened for applications on Tuesday.

Egypt reopens its beef market to Irish farmers ending 17-year ban

Five firms have got the green light to export to the major consumer market.

Troubled charity GOAL seeking up to 25 redundancies

The news caps a difficult 2016 for the charity.

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