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Dublin: 6°C Thursday 26 November 2020

Business - Yesterday’s News

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Business - Saturday 25 July, 2020

Opinion: Government needs to give people of all abilities a chance on the job market

Advocate Craig Kelly writes about how Covid-19 will make a hard situation worse for people with disabilities trying to find a job.

Business - Thursday 23 July, 2020

What's in it for me? — Everything you need to know about the government's July stimulus package

There were few surprises in today’s announcement.

'Staycation voucher', wage subsidy extension and cheap loans all part of much-vaunted July stimulus

It is being touted as the much-heralded ‘rescue’ plan the government hopes will boost the economy.

Business - Tuesday 21 July, 2020

Explainer: Will Ireland be a 'net contributor' to the EU's €750 billion recovery fund?

Member states will have to produce national recovery plans to access the funds.

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Business - Monday 20 July, 2020

Marks & Spencer to cut 950 jobs in the UK — but its Irish stores are 'unaffected'

M&S was in the middle of a restructuring when the pandemic hit.

Business - Saturday 18 July, 2020

'I had to protect my staff' — Government green list could cause workplace disputes, expert says

Workers returning from abroad might still be asked by their employer to restrict their movements.

Business - Wednesday 15 July, 2020

An EU court has ruled in favour of Apple and Ireland in the €13 billion tax row. So what happens now?

Officials are already exploring the possibility of using a Treaty article to crack down on low-tax countries.

Apple and Ireland win appeal against European Commission's €13 billion tax ruling

The European Commission previously ordered the US company to hand back €13 billion in unpaid tax.

Business - Tuesday 14 July, 2020

A major ruling is expected tomorrow in the €13 billion Apple tax row - but don't expect the saga to end there

Whoever loses is likely to appeal that decision to a higher EU court.

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'Closed for business': Ryanair takes aim at travel quarantine as it cuts 1,000 Ireland-UK flights

The cut for August and September comes less than two weeks after Ryanair ramped up its flights for the summer.

Pubs unsure about reopening next week as NPHET says it's 'too early' to say it'll happen

The final phase of the government’s reopening is planned for 20 July.

Business - Thursday 9 July, 2020

EU leaders remain divided on plans for a €750 billion recovery fund ahead of a vital summit meeting

Dutch prime minister Mark Rutte leads a bloc of countries opposed to the deal.

Explainer: Why Irish banks are being accused of 'profiteering from the pandemic'

Developments in recent days have undermined the banks’ positions.

Irish hotel room bookings are at about 25% - last year they were at 90%

The Irish Hotels Federation says action needs to be taken.

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Business - Tuesday 7 July, 2020

The European Commission has slashed Irish and eurozone growth forecasts

But the Commission expects the Irish economy to grow by 6.25% next year.

Central Bank 'determined' to avoid 'tracker mortgage scandal Mark II' over Covid insurance payouts

Gabriel Makhlouf was addressing the Special Dáil Committee on Covid-19 this morning.

Business - Sunday 5 July, 2020

Explainer: Why there's likely to be a lot of liquidations and corporate insolvencies in the near future

Insolvency experts are expecting to be deluged as a result of the pandemic.

Business - Thursday 2 July, 2020

Over one million people on Live Register or getting unemployment payment

The number of people in receipt of Covid-related payments is decreasing as more businesses start to reopen.

Planning permission is being sought for Wicklow's third major film studio

The scheme could deliver 1,500 jobs in the sector.

Business - Wednesday 1 July, 2020

It's not all holidays, so who's getting on the flights out of Dublin Airport? Leaving On A Jet Plane This post contains videos

It's not all holidays, so who's getting on the flights out of Dublin Airport?

Dublin Airport is far from what’s normal for the first day of July.

Consumer Association of Ireland calls for 'small compensation fund' for holidaymakers who choose not to fly

People who booked flights in July could be left out of pocket if they cancel.

'People won't lose their heads because they're going on holidays': Ryanair defends ramping up summer flights

Ryanair will now operate more than 1,000 flights per day.

Businesses warned they must act independently when setting or increasing prices

The CCPC has also reminded businesses they have additional responsibilities under consumer protection law when setting new or additional fees.

Business - Monday 29 June, 2020

Unfriended: Is #StopHateForProfit a tipping point for Facebook and Mark Zuckerberg? Money Talks This post contains videos

Unfriended: Is #StopHateForProfit a tipping point for Facebook and Mark Zuckerberg?

Some of the internet’s biggest advertisers have started to pull their ads from the site.

Business - Sunday 28 June, 2020

'The idea is to just to try and keep the head above water': The Dublin tourist businesses still in suspended animation

Tour operators are facing down the barrel of a lost summer.

Business - Wednesday 24 June, 2020

BMW Ireland issues voluntary recall of certain 3 Series cars

The affected vehicles were manufactured between 1997 and 2000.

Guinness launches €14m fund to help Irish pubs recover from Covid-19 lockdown

The company will provide the funding over a two-year period.

Business - Sunday 21 June, 2020

Yoga instructors: 'We are basically starting from scratch as an industry'

Yoga studio owners say social distancing will stretch the sector to its limits.

CityJet and Stobart Air asked government for six-month bailout to ensure their survival after Covid-19

The airlines accounted for over 13% of air traffic at Ireland’s airports before the pandemic.

Business - Thursday 18 June, 2020

Betting companies seek clarity from the government about reopening dates

Many bookies believed they were permitted to reopen last week.

'There's a lack of understanding of the business': Pubs frustrated by late timing of re-opening guidelines

New guidance on the re-opening of pubs was published by Fáilte Ireland last night.

Business - Tuesday 16 June, 2020

Money being spent on credit and debit cards is almost back to pre-Covid levels

There was a sharp drop in ATM withdrawals in April.

Business - Friday 12 June, 2020

Covid-19 has made low-paid jobs 'worse for workers but more valuable to society'

A new paper calls on policymakers to ‘transform’ precarious and low-paid jobs.

Business - Thursday 11 June, 2020

Prices of clothing, footwear and communications fall for two consecutive months

Consumer prices were 0.5% lower in May than in the same month last year.

Business - Saturday 6 June, 2020

Opinion: Entrepreneurs with a disability need support to compete - and it's just not there

Award-winning photographer, Eddie Hennessy, says his business gave him self worth but lack of support will shutter it.

Explainer: How 'examinership' works in Ireland (including how Saddam Hussein comes into it)

Experts believe the process could provide a lifeline for troubled businesses in the post-pandemic period.

Business - Friday 5 June, 2020

Most shops to reopen from Monday — shopping centres to reopen from 15 June

Taoiseach Leo Varadkar has confirmed that some business restrictions will be lifted from Monday.

Airbnb plans to cut 35% of its Dublin workforce with around 190 jobs to go

Employees are being consulted as part of the redundancy process.

Business - Thursday 4 June, 2020

Ibec warns of the 'sharpest compression of economic activity in living memory'

The business lobbying group forecasts Irish unemployment to level off at 16% and GDP to contract by 11% for the year.

Business - Tuesday 2 June, 2020

Debunked: No, some Penneys stores are not reopening on a trial basis this week

It appears as though misinformation about Penneys reopening is being deliberately shared in a bid to dupe people.