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Dublin: 12 °C Thursday 2 July, 2020

Business - Yesterday’s News

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Business - Saturday 9 May, 2020

Handshakes and sharing cups banned: How Irish businesses will operate once they reopen Covid-19 This post contains videos

Handshakes and sharing cups banned: How Irish businesses will operate once they reopen

The HSA can order a business to shut down operations if it doesn’t comply with the measures.

Anxiety remains for small business owners despite government recovery plans

Some €2 billion has been promised to SMEs through credit guarantee scheme.

Business - Friday 8 May, 2020

Top EU court hits back at German ruling on €2 trillion bond-buying scheme ECB

Top EU court hits back at German ruling on €2 trillion bond-buying scheme

The European Court of Justice warns the decision could jeopardise EU legal unity.

Ireland's unemployment rate would be 28.2% if people on pandemic payment were included

The CSO has said people on the payment do not meet the definition of being unemployed.

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Social distancing: Frustration and 'genuine panic' as cafe owners consider the future

Dublin cafe owners are grappling with rent and reduced footfall.

Business - Thursday 7 May, 2020

Feeling hoarse working from home? TCD is warning your voice could be at risk during lockdown

The research team is conducting a national survey for people to share their experiences.

CEO Willie Walsh delays retirement as Covid-19 plunges IAG into €1.68 billion quarterly loss

Willie Walsh had been due to step down in June but will remain until September.

Business - Wednesday 6 May, 2020

Bewley's café on Grafton Street set to close with loss of over 100 jobs

The closure has been blamed on the impact of the Covid-19 pandemic.

Paschal Donohoe says wage subsidy and pandemic payment will continue 'in some form'

The Finance Minister said however that the level of support may change.

Business - Tuesday 5 May, 2020

Airbnb confirms almost 1,900 job losses - 25% of all staff

Several hundred people are employed by the company in Dublin.

Boon for supermarkets continues as shoppers spend an average of €118 more per month

Over the past 12 weeks shoppers have spent €440 million more than the same period last year.

Business - Sunday 3 May, 2020

The hard graft of horticulture makes it difficult for the sector to grow

The Keelings workers controversy has thrown a spotlight on a complex corner of Irish food production.

'We lost 92% of business in 24 hours, but we've adapted fast and maybe people can learn from us'

Kieran Doyle of Doyles Veg Prep explains how quick thinking after the shutdown has enabled his business to continue.

Threat of claims against businesses as a result of contracting Covid-19 on the premises to be examined

Finance Minister Paschal Donohoe has asked for an examination of the issue.

Business - Saturday 2 May, 2020

Businesses told to check 'essential workers' list again as some may have closed in error

Minister Heather Humphreys said some businesses may have closed when there was no need to.

Business - Friday 1 May, 2020

Aer Lingus seeks up to 900 job cuts as a result of Covid-19 collapse in demand

It’s understood that Aer Lingus will be putting forward proposals for voluntary redundancies.

Michael O'Leary says Ryanair 'lost €100 million in quarter' as airline plans for 3,000 job losses Job Cuts This post contains videos

Michael O'Leary says Ryanair 'lost €100 million in quarter' as airline plans for 3,000 job losses

The cuts will be focused on pilot and cabin crew jobs.

'Worst on record' job losses as over 40% of manufacturing firms cut staff

Some 41% of firms surveyed say they let workers go in April.

Business - Thursday 30 April, 2020

Covid-19 mortgage break to be extended from three months to six

All of the country’s main banks are participating in the break.

Business - Wednesday 29 April, 2020

Influenced: ASAI records spike in complaints about health and beauty ads

The sector received the most amount of complaints last year.

'The gravest crisis the aerospace industry': Airbus says it's lost almost €500m in three months

Yesterday, Aer Lingus and British Airways-owner IAG revealed plans to make up to 12,000 workers at the airline redundant.

Business - Tuesday 28 April, 2020

New delivery business: 'In this day and age, we should have been at it long ago'

Business owners who have had to embrace e-commerce and online delivery predict Covid-19 will change consumer habits.

Business - Sunday 26 April, 2020

'There has been an intellectual rethinking on the whole issue of government borrowing'

Why austerity is out and public spending is back on the menu for economists.

Business - Friday 24 April, 2020

Leo Varadkar says charging Google and Facebook for news media content is 'a good idea'

Varadkar said that the social media giants are “sort of free riders on costs incurred by other people”.

Business - Wednesday 22 April, 2020

'The price of petrol will drop — but you're going to be disappointed'

Why are Irish motorists not yet feeling the benefit of declining global oil prices?

Donohoe describes predicted 22% unemployment rate as 'horrific'

However, the finance minister said Ireland will rebuild its economy.

Business - Tuesday 21 April, 2020

'The demand for labour is unaffected by the pandemic': Food producers under pressure as harvest season begins

Foreign supply chain anxiety could increase the need for the harvest season to run smoothly.

Explainer: How did the price of oil slump to below zero dollars a barrel?

The price has been plummeting thanks to an unprecedented decline in demand.

'The station revolutionised radio for a generation': Ronan O'Rahilly, founder of Radio Caroline, dies aged 79

The station had a listenership of up to 30 million and gave a host of famous presenters their starts in radio.

Business - Friday 10 April, 2020

Donohoe has 'little reason to doubt' Covid-19 will cause worst economic crisis since Great Depression

The Finance Minister said Ireland will likely have to access some of the financial supports made available by the EU.

Business - Thursday 9 April, 2020

Debenhams is closing all of its Irish stores and will go into liquidation

The company operates four stores in Dublin, two in Cork and others in Galway, Limerick, Newbridge, Tralee and Waterford.

People on pandemic payment 'not classified as unemployed' but rate would be 16.5% if they were, says CSO

The rate would be the highest ever in the CSO’s series, dating back to 1998.

Business - Wednesday 8 April, 2020

€1bn worth of supports announced for businesses, with a push to get companies to sell online

The supports aim to help with liquidity issues experienced by businesses.

Business - Friday 3 April, 2020

House completions likely to 'dry up' as homes on sale at lowest level since 2006

Daft.ie says that this is the first time since late 2006 that fewer than 20,000 homes have been on the market.

Business - Wednesday 18 March, 2020

People told to not leave tap running or flush wipes down the toilet amid Covid-19 crisis

Irish Water has also advised businesses to make sure there is “no unnecessary use of water” .

Business - Monday 9 March, 2020

'Utter carnage' on financial markets continues as oil and coronavirus combine to deliver 'Black Monday' In The Red This post contains videos

'Utter carnage' on financial markets continues as oil and coronavirus combine to deliver 'Black Monday'

In early trading, more than £140 billion was wiped off FTSE 100 companies.

Business - Wednesday 4 March, 2020

Budget airline Flybe 'on brink of collapse' after failing to secure €115m loan

The struggling airline has been hit by a slump in bookings since the outbreak of the coronavirus.

Business - Thursday 13 February, 2020

People in Dublin have the fifth highest commuting times in Europe

Budapest, Paris, Amsterdam and London have the longest average commuting times, according to new research.

Business - Wednesday 5 February, 2020

Brown Thomas to take over two floors of former House of Fraser in Dundrum BT

Brown Thomas to take over two floors of former House of Fraser in Dundrum

The flagship store will take House of Fraser’s place, and will open in 2021.

Business - Monday 20 January, 2020

Taoiseach presents Apple CEO Tim Cook with special award in Dublin

The award was given to mark 40 years of investment by the tech company in Ireland.