BreakingNews.ie : Business (36)

Ornua is first ever recipient of new Leading Edge efficiency award

Staff at Ornua's Kerrygold Park production plant in Mitchelstown, Co Cork, played a key role in the company becoming the first recipient of Leading Edge's new International Continuous Improvement Excellence Award.

Figures show Ireland's online shoppers spending 36% more than last year

People are buying more now compared to last year, according to figures released by Retail Excellence.

Terapeak intoduces new sales predictions tool for shopift, Ebay sellers

Leading e-commerce analytics provider Terapeak today announced new tools to support Shopify merchants seeking to sell their inventory on eBay.

CIF chief accuses union of holding construction industry to ransom

Director general of the Construction Industry Federation, Tom Parlon, has today accused the Unite union of holding the construction industry to ransom.

Rate of construction growth in Dublin 'strongest in 16 years'

The pace of growth in the construction sector in Dublin is at its strongest in 16 years, according to the latest Dublin Economic Monitor.

Warning of possible 'considerable and unpredictable' fluctuations in food prices

Households could face "considerable and unpredictable" fluctuations in food prices as a result of tariff changes and shifts in the sterling exchange rate following Brexit, according to analysis by an economic think tank.

Samsung second-quarter profit surges to record high on memory chip boom

Samsung Electronics has reported an all-time high quarterly profit, thanks to booming demand for memory chips.

AIB reveals pre-tax profits of €0.8bn in Half-Year Financial Statement

Today's Half-Yearly Financial Results 2017 Announcement from Allied Irish Banks has revealed profit before tax €0.8bn.

Interim examiner appointed to two companies who publish Golden Pages

A High Court judge has appointed an interim examiner to two related companies involved in specialised sales and marketing and in publishing the Golden Pages directory and employing 103 people, reports Ann O’Loughlin.

Iarnród Éireann to refurbish 28 carriages after six years out of service

The Irish rail service, Iarnród Éireann has issued tender notices to refurbish 28 carriages which have been out of service for the past six years.

Boost for tourism in Ireland as visitors flock to the Emerald Isle

The tourism sector has been given a boost as new figures show visitors arriving to the Emerald Isle are up 4.2% for the first half of 2017, writes Ciara Phelan.

Government approves amendment allowing breweries to sell alcohol to touring visitors

The amendments will confine the sale of intoxicating liquor to visitors who have participated in and completed a tour of the premises concerned.

Chancellor hopes for Brexit transition period agreement 'as early as possible'

Chancellor Philip Hammond has said he hopes the Government will reach an agreement on a Brexit transition period "as early as possible".

Domino's Pizza reports 10 % increase in Irish sales

Domino's Pizza have reported a 10 % increase in sales in Ireland as more people order online.

US stocks return to records as corporate profits keep rising

US stock indexes returned to records on Tuesday as corporate profits continue to come in better than analysts expected.

BMW 'did not seek or get assurances on post Brexit trade' before mini decision

German car giant BMW insists it did not "seek or receive" any assurance from the Government on post-Brexit trade before deciding to build a fully electric version of the Mini in the UK.

Dublin Port sees rise in trade figures

Dublin Port Company has published its latest trade figures showing half-year growth of 2.9%.

US fashion brand Michael Kors buying Jimmy Choo

Luxury shoe brand Jimmy Choo is to be acquired by US fashion brand Michael Kors in a €1bn deal.

Google's parent company, Alphabet, announces massive profits despite $2.74bn fine

Alphabet, the parent company of Google, has reported massive quarterly profits, despite the huge fine imposed on it last month by the European Commission.

IBEC calls plans to reveal gender pay gap 'inappropriate'

Ireland's largest employers group IBEC says plans to force firms publish gender pay gap details are "inappropriate".

EasyJet to recruit biggest number of cabin crew in its history

EasyJet has announced the largest cabin crew intake in its 21-year history.

Removing EU-wide bodies from justice court would be enormous taks, academic says

A "gargantuan" effort would be required to remove key EU-wide bodies from the jurisdiction of the bloc's highest court, according to an expert.

German car giants' shares fall amid diesel emissions concerns

Shares in the three biggest German car makers have fallen after a report claimed they colluded for years over diesel emissions technology.

EU cyber security boost is key to securing Ireland's digital future

The NIS Directive has been passed by the EU to boost cyber security for member states.

Ibec calls on Government to spend more on investment projects in Budget 2018

Ibec is warning Budget 2018 is going to be a crucial plan for Ireland's economy.

Meteor rebrands as eir but current mobile plans will not change

After 12 years as a standalone brand within the eir Group, Meteor is officially rebranding to eir.

Canadian tourist numbers expected to grow as Tourism Ireland launches new campaign

Millions of commuters in Toronto are seeing eye-catching ads for Ireland on commuter trains operating in the city.

Irish builders set to deliver 3,000 extra hotel bedrooms by 2020

The Irish construction industry is set to deliver a number of key hotel development projects over the next three years, paving the way for a significant tourist influx and boost to the economy.

Parents urged to teach children cost of using smartphones

Nearly one in five eight-year-olds has their own smartphone, research suggests.

NTMA tasked with finding escrow agent for Apple State aid money

The Government is to set up an escrow fund in relation to recovering State aid from tech giant Apple.

Sterling suffers as European Central Bank hints at stimulus curbs

Sterling was wallowing at eight month lows against the euro, as investors continued to trade on news that the European Central Bank may start weighing plans to cut its stimulus programme.

Audi to fit 850,000 diesel cars with software to improve emissions

German car maker Audi is to fit up to 850,000 diesel cars with new software to improve their emissions performance.

IDA welcome relocation of Bank of America legal entities to Dublin

IDA Ireland has welcomed Bank of America confirmation that it has chosen Dublin as the preferred location for its principal EU legal entities following the UK’s departure from the EU.

Report suggests globally mobile workforce is critically important to business

Despite the unstable economic climate, unexpected political change and the impact of technology on societies the world’s biggest companies still view a flexible and globally-mobile workforce as key when it comes to building a successful business, according to new research from AXA’s ...

AO World warns on 'challenging' trading despite first quarter sales rise

Electricals retailer AO World has again warned that it faces "challenging" trading, despite reporting a rise in first quarter sales.

Sterling takes a pounding as Euro soars on back of Mario Draghi comments

The pound tumbled to an eight-month low against the euro after European Central Bank president Mario Draghi signalled potential changes to its bond buying programme could be discussed in the autumn.