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Updated: 2 hours 1 min ago

Consumer spending in June fell to lowest level in five years

2 hours 24 min ago
'>An annual 2.6% reduction last month was sharper than the contraction of 1.1% seen in May.

Hotel Chocolat appealing to the tastebuds of consumers in US and Japan

2 hours 42 min ago
The boss of the chocolate firm said the overseas business is growing strongly.

Level of growth in hotel sector at lowest point in seven years

5 hours 4 min ago
'>According to a new report by accountancy firm Crowe, the hotel industry recorded an 8th consecutive year of growth in turn-over in 2018.

Castletownbere's Shellfish Ireland secures €500,000 contract for Lidl stores in Spain and Portugal

5 hours 18 min ago
Shellfish Ireland, which employs around 150 people in Castletownbere, landed the deal due to their relationship with Lidl Ireland, and will now see its produce shipped from West Cork to depots all over Spain and Portugal.

Renault looks to new launches to stem car sales fall

6 hours 18 min ago
French car maker Renault posted a decline of almost 7% in first-half vehicle sales amid a global car slowdown but said a forthcoming product offensive would begin to help soften the blow in key markets.

Ryanair rises despite passenger forecast cut

6 hours 33 min ago
The extended grounding of Boeing’s 737-Max plane has forced Ryanair to scale back growth plans for next summer, putting the airline industry on notice the crisis is starting to affect longer-term plans.

EU set ‘to start Amazon probe’

6 hours 48 min ago
Amazon faces a full-blown EU probe as the region’s competition chief Margrethe Vestager prepares for a summer finale to her five-year crackdown on US technology giants.

Cork faces some key planning decisions if goal is civic and economic core to be proud of in 20 years

Tue, 07/16/2019 - 18:38
The recent Irish Open in Lahinch was a powerful reminder that a community working with both private and public institutions can deliver a world class success.

Sterling slides to 90p against euro on prospects of Brexit Halloween fright

Tue, 07/16/2019 - 18:28
Sterling tumbled against the dollar and slid to a six-month low of under 90 pence against the euro as fears over a Halloween exit for Britain from the EU haunted investors.

EU's Vestager set ‘to start Amazon competition probe’ as Ursula von der Leyen talks about US tech firms paying tax

Tue, 07/16/2019 - 18:23
Amazon faces a full-blown EU probe as the region’s competition chief Margrethe Vestager prepares for a summer finale to her five-year crackdown on US technology giants.

CRH's €1.6bn sale plan in Europe engenders tepid reaction from investors

Tue, 07/16/2019 - 18:09
CRH’s confirmation of its intention to sell its European distribution business for more than €1.6bn has met a lukewarm response from investors despite the likelihood of more money being returned to them as a result.

Hotels charged average room rate last year of €118 but warning that industry costs to climb

Tue, 07/16/2019 - 18:07
The average charged for a hotel room, average revenue and operating profit per room, all rose last year at a healthy clip. However, the challenges facing the industry include higher costs from the Vat rise, threats of an economic slowdown, and any renewed Brexit slump in sterling which could discourage visitors crossing the Irish Sea, a major survey has found.

Pub group JD Wetherspoon ramps up Irish growth with Galway acquisition

Tue, 07/16/2019 - 17:45
'>British pub group JD Wetherspoon has ramped up its Irish expansion with the purchase of its first site in Galway.

Pound slumps to two-year lows as no-deal Brexit looms into view

Tue, 07/16/2019 - 17:28
'>Traders are concerned that a no-deal Brexit is more likely, after both Conservative leadership candidates toughened their positions.

IMF managing director Christine Lagarde resigns

Tue, 07/16/2019 - 16:44
The process to appoint a successor will now begin.

Cork seafood firm wins €500k supply contract for Lidl in Spain and Portugal

Tue, 07/16/2019 - 16:43
A Castletownbere seafood producer has landed an international supply contract, worth more than €500,000 with supermarket chain Lidl.

Tourism body claim 13-storey apartment block 'will compromise Guinness storehouse experience'

Tue, 07/16/2019 - 16:35
'>The towers planned for the Liberties area near the Guinness brewery are to house the apartments as well as shops, restaurants, medical facilities, co-working spaces and a creche.

House of Ireland repudiates lease for unit in redeveloped shopping centre in Dublin

Tue, 07/16/2019 - 15:28
'>Gift and lifestyle store, House of Ireland, has repudiated a lease to operate from the redeveloped Frascati Shopping Centre in Blackrock, Co. Dublin, in a row over a works compound for 45 apartments at the centre, it has been claimed in High Court proceedings.

Solar power firm obtains injunction preventing winding up order being brought against it

Tue, 07/16/2019 - 14:05
A company involved in the renewable energy sector has secured a temporary High Court injunction preventing another firm bringing a petition to have it wound up over a disputed alleged debt of €1.2m.

K Club back on the market with a €20m lower price tag

Tue, 07/16/2019 - 13:36
The K Club was placed on the market for sale last year with a guiding price of €80m. It has now been re-listed with a significantly lower asking price of €60m.

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