Ireland to help China develop horse breeding industry
Deal expected to be worth US$50m to Irish economy within three years
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EXPORTING
A chance to win a business trip to Asia
16.04.2012 The Asia Trade Forum (ATF) launches competition for Irish companies keen to...
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AGRI-FOOD
Limerick venture to bring corn sileage system to China
16.04.2012 Pioneer deal announced during Minister Coveney's trade mission.
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AWARDS
Gift Voucher Shop wins Prepaid Expo USA award
16.04.2012 Swords-based company named overall winner in the Best Gift Card Program...
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FUNDING
New eCommerce funding for Cork businesses
13.04.2012 Grant being made available to food, craft and tourism businesses through SECAD.
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FINANCIAL RESULTS
Google’s profits up as it proposes stock split
13.04.2012 Company announces 61pc rise to $2.89bn in net income for first three months...
Latest News
- 18 May
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Facebook shares already selling higher than priced
Facebook shares have already exceeded expectation, as they landed on the stock market today in the company's first day of trading as a public limited company.
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Generation Euro Students Award winners announced
The Central Bank of Ireland has announced the winning team of the Generation Euro Students Award, a competition for second-level students aimed at promoting an awareness of economics and monetary policy decision making.
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Ireland must return to sustainable competitiveness - American Chamber of Commerce
Ireland must continue to focus on rebuilding sustainable competitiveness so that it can remain an attractive location for foreign direct investment, accoring Dr Suzanne Rosselet-McCauley, IMD Fellow and former co-author of the IMD World Competitiveness Yearbook.
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Redundancy terms agreed for up to 1,000 BoI staff
The agreement, which will see up to 1,000 Bank of Ireland (BoI) staff leave their jobs voluntarily, allows for three weeks' pay per year of service plus statutory entitlements, according to the Irish Bank Officials Association (IBOA). The voluntary scheme will have a cap of two years' salary or €225,000.
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One fifth of travel insurance claims due to cancellation, but many have no cover
Travel expert Getcover.ie says that last-minute organisation is leaving travellers uninsured for the cause of almost 20pc of all travel insurance claims - cancellation.
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BWG strengthens its position in the North West
Irish wholesale group BWG has bought Morris Brothers' wholesale grocery business for an undisclosed sum, strengthening its existing wholesale operations especially in the North West.
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Hundreds of new jobs for Dublin thanks to new IBM hub
IBM is to create several hundred jobs in Mulhuddart in Dublin with the opening of a new global services integration hub.
- 17 May
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Galway jobs roll continues with Merit Medical
US multinational Merit Medical is to expand its operations in Galway with the creation of over 200 jobs.
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Aer Lingus announces new route to Birmingham
Aer Lingus Regional has today announced that it will open a new route from Ireland West Airport Knock to Birmingham.
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Pinterest raises $100m in funding
Social network site Pinterest has received a US$100m investment in a round led by Japan's biggest e-commerce site Rakuten. According to the Wall Street Journal, the funding values Pinterest at US$1.5bn.
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Austerity strategy continues to hit consumer spending - Consumer Market Monitor
The latest Consumer Market Monitor, published by UCD Michael Smurfit Graduate Business School and the Marketing Institute of Ireland, shows that many measures of the consumer economy are still showing decline, driven by falling disposable incomes, as the austerity measures in the recent budgets take money out of the economy.
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2,000 people find jobs through Hireland scheme
Since its launch just four months ago, the Hireland initiative has received over 4,000 pledges with an estimated 2,000 people having found work through the system so far.
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Bank of Ireland launches its sixth National Enterprise Week
Bank of Ireland (BoI) has today launched its sixth week-long support initiative for SMEs with its upcoming National Enterprise Week, which runs from Friday, 18 May to Friday, 25 May. The bank says it hopes the events taking place during the week will help stimulate business confidence and generate increased demand for lending in this key sector of the economy.
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84pc of people retiring in 2011 received no retirement planning support
Minister for Social Protection Joan Burton TD will today officially open the new offices of the Retirement Planning Council on Harcourt Street, Dublin 2.
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One third of employers to increase pay in 2012 - IBEC
Ahead of its Annual Employment Law Conference at Clontarf Castle, Dublin, later today, IBEC published data from its latest pay survey, which found that about one third (33pc) of employers expect to increase basic pay in 2012 and two thirds (67pc) will either freeze or reduce basic pay rates.
- 16 May
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'Potential' targets for gold deposits detected in early analysis of Wicklow/Wexford area
Connemara Mining has completed an airborne survey targeting gold deposits over a block of five licences in the Wicklow/Wexford area, and it seems that 'potential' gold targets have been identified in the region.
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Abercrombie & Fitch to expand despite Europe sales drop
Chief executive of Abercrombie & Fitch Mike Jeffries has said European sales continue to be disappointing but its US business went up by 4pc in the first quarter.
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Rehab Group to create 400 jobs in Ireland over next three years
The Rehab Group has announced today that it plans to recruit 750 staff in its operations over the next three years, with over 400 of those to be based in Ireland.
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Deloitte launches 'Investing in Ireland' guide
Business advisory firm Deloitte has launched 'Investing in Ireland', a guide for both first-time investors and businesses seeking to expand and develop their presence in Ireland.
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Irish men more financially literate than Irish women - IAPF survey
A national survey, commissioned by the Irish Association of Pension Funds (IAPF) and conducted by Red C Research, has shown that Irish men appear to be more financially literate than their female counterparts, but has also identified general gaps in the Irish public's understanding of basic personal finance issues.
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Network Recovery acquires Barlan
Network Recovery, an IT provider specialising in cloud and disaster recovery services, has acquired the entire share capital of Barlan, an IT managed services and bespoke software provider in the Irish business market.
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Maxima to become part of Zinopy after MBO
There has been a management buy-out (MBO) at Dublin virtualisation firm Maxima which will lead to it trading under the Zinopy name from now on and becoming a division of the technology security company.
- 15 May
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One in three Irish people could not live without their favourite app - survey
This is according to a survey by Ulster Bank to launch the first and only banking app available to users of the three leading smart phones.
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Musgrave Group profits down 1pc on last year
Food retail company Musgrave Group has today announced its financial results for the year ended 31 December 2011. The Group reported sales of €4.5bn, up 1.6pc, delivering a profit of €71m - 1pc below last year. Debt increased from a net cash position of €21m in 2010 to €187m at year end following the acquisition of Superquinn.
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Consumer attitudes towards saving continue to polarise
The Nationwide UK (Ireland)/ESRI Savings Index increased 14 points to 93 on the back of an improvement in consumer attitudes to the amount they are saving. However, the number of people not saving at all continues to increase.
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Survey indicates upcycling is the growing green trend among businesses
A new survey conducted by Smile Resource Exchange highlights businesses' attitudes to waste disposal, and changing trends, with upcycling growing in popularity.
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Crospon recognised for 'Enabling Technology' by Frost & Sullivan Awards
Crospon, a medical device developer based in Galway, ehas been recognised with the 2012 European Enabling Technology Award for Surgical Imaging Technology by Frost & Sullivan.
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Tough year for DCC Energy affects group profit
Operating profit for industrial holding company DCC Group dropped 18.3pc on a constant currency basis to €185m for the year ended 31 March 2012, impacted by trading in DCC Energy due to mild weather, higher oil prices and economic challenges, particularly in the UK.
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Dublin Airport fails EU security standards - Ryanair calls for break-up of DAA
Following Dublin Airport's failure to meet EU security standards, Ryanair has called on Minister for Transport Leo Varadkar to break up the "Dublin Airport Authority (DAA) monopoly" and free it from "the dead hand of the Department of Transport (DOT) protection".
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UK growth helps to drive job creation at System Dynamics
Irish IT services company System Dynamics has grown its revenue to over €2m in the UK in 2011, with significant growth anticipated during 2012.
- 14 May
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eFlow operator a finalist in IT awards
Toll solutions provider and operator of eFlow on behalf of the National Roads Authority Bet' Eire Flow has been shortlisted for IT Professional Team of the Year at this year's ICT Excellence Awards.
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Kids from Dublin 15 get coding at ITB
Institute of Technology Blanchardstown (ITB) has welcomed 60 students aged 10 to 16 into the college to take part in an initiative created by teen programmer James Whelton.
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Laya Healthcare to create 100 jobs over three years
Laya Healthcare, formerly Quinn Healthcare, has marked its official launch today with the announcment that it plans to create 100 new jobs over the next three years.
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20 year old Nightline doing well in UK market
Celebrating 20 years in business this month, Irish-owned parcel delivery company Nightline has grown 10pc each year since it was set up and now operates in both Ireland and the UK with a fleet of over 300 vehicles.
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83pc of brokers believe early access to pension funds would increase provision
A new nationwide survey from the Irish Brokers Association, which asked insurance brokers how pension savers would cope with an early-access facility, reveal predominantly positive support for the idea.
- 11 May
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Enverian signs deal with Mainstream Renewable Power
Irish software company Enverian has announced what it says is a landmark partnership agreement with renewable energy developer Mainstream Renewable Power.
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Minister launches Chartered Accountants Ireland FDI initiative
Chartered Accountants Ireland has today launched a new initiative aimed at boosting foreign direct investment (FDI) into Ireland.
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A&L Goodbody launches Ireland's first HR law app
A&L Goodbody has launched Ireland's first dedicated HR law app aimed at making employment law facts and regulations more accessible to employers.
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DCU Business School announces new MBA ambassador
DCU Business School Centre for Executive Programmes has appointed Colin Moran as its inaugural master in business administration (MBA) ambassador.
- 10 May
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Dragons' Den winner signs €150,000 contract with SuperValu and Centra
Dragons' Den winner Jason O'Reilly has proven his idea was worth the investment, following a €150,000 deal with SuperValu which sees him supply his silicone sports watches exclusively to over 195 SuperValu and 459 Centra stores throughout Ireland.
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Inflation rate down in April
The annual rate of inflation went down to 1.9pc in April from 2.2pc in March.
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Jobs Expo 2012 takes place this weekend at RDS
Hundreds of jobs will be on offer this weekend at Job Expo 2012, an employment and recruitment fair, which will take place in Dublin's RDS on Saturday, 12 and Sunday, 13 May.
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Higher profits for the year expected by Fyffes
Further to a strong performance in the early months of this year, fruit company Fyffes has increased its target EBITA range for the full year 2012 to €25m-€30m, from €22m-€27m previously.
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Index to measure economic Impact of creative sector in Temple Bar announced
Temple Bar Cultural Trust (TBCT) has announced plans to develop a new index that will attempt, for the first time, to measure the economic and social impact of Dublin's unique and world-renowned cultural quarter in Temple Bar.
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Danske Bank restructure will see NIB rebrand, wind down of commercial and property loan portfolio
National Irish Bank and Northern Bank are to be rebranded as Danske Bank by the end of 2012, while the Irish operations will be restructured from the beginning of June, as part of a group reorganisation announced today.
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Abbeville goes on sale with price tag of €7.5m
The former home of Charles J Haughey, Abbeville Estate, is on the market with an asking price of €7.5m.
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Aviva slashes Irish redundancies, creates new jobs in Galway
Aviva will now be cutting fewer jobs in Ireland than had been anticipated when it announced redundancies last October.
- 09 May
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BNI Ireland wins two awards at European conference
BNI Ireland, the Irish chapter of the global networking and marketing organisation, has been awarded two awards at the Annual European BNI Directors Conference in Glasgow.
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Inaugural Whiskey Week for Ireland launched
Representatives from Irish Distillers, Grants and Cooley Distillery have launched the first-ever Whiskey Week in Ireland, which will include showcase events, tastings, food pairings and promotions.
The world in 3D
03.10.2011 Having developed the first mass-market, eco-friendly and cheap-to-run printer of three-dimensional objects, Mcor Technologies is ideally placed to take advantage of the imminent 3D printer revolution.
Click to launch the full edition in a new window.
Mr Schmidt goes to Dublin
23.09.2011 As one of the most powerful people in the global technology industry, Google chairman Eric Schmidt has combined business acumen and tech savvy to pull off one of the most remarkable business stories of the past decade. He spoke to John Kennedy.
CEOs link sustainable growth with responsible business strategies
04.10.2011 The ability to deliver sustainable, long-term growth is the top reason given by CEOs for having a responsible business agenda, according to the Business in the Community Ireland (BITCI) 2011 Responsible Ireland Survey.
27pc of Irish SME loan applications to banks refused - Eurostat
04.10.2011 The proportion of unsuccessful loan applications to banks by SMEs increased from 1pc to 27pc in Ireland between 2007 and 2010, according to new figures from Eurostat.