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The International firms shortlisted for the Cork Chamber Company of the Year Awards

Wed, 01/31/2024 - 05:00
In the final of a four-part series looking at the finalists for Cork Chamber's Company of the Year Awards 2024, we profile the contenders in the International company category

PayPal to cut 2,500 global jobs in second wave of layoffs

Tue, 01/30/2024 - 21:14
News is further evidence the global tech industry layoffs far from being at an end.

Wholesale prices fall for second month as focus remains on range of building materials

Tue, 01/30/2024 - 18:30
Wholesale prices fell for a second month in a row in December, helped by much lower electricity prices, but the focus remains on a large range of ...

Bank of Ireland to spend €60m on new ATMs and branch upgrades

Tue, 01/30/2024 - 16:13
New machines have greater cash processing capacity and will cut energy use by more than half

Ryanair aims to expand in Poland under new Tusk-led government

Tue, 01/30/2024 - 16:07
The company said it plans to raise passenger numbers in Poland by 10% to 18 million this year

Long-standing MD of waste disposal firm Jacqueline O'Donovan to step down after 36 years

Tue, 01/30/2024 - 16:03
Jacqueline O'Donovan OBE took up the top role at just 19 years old

Occupli acquires Cork ambulance services and training business

Tue, 01/30/2024 - 15:57
“Elite Ambulance share the same values as Occupli in putting safety to work for our clients while also offering a number of the same high-quality services,” said Occupli managing director of Martin Clancy.

Central Bank governor casts doubt on early rate cut

Tue, 01/30/2024 - 15:00
Central Bank governor Gabriel Makhlouf warned Ireland’s small export-led open economy is more exposed than others to negative external shocks arising from reduced global trade integration

H&M in spotlight as cost-cutting gathers pace at fashion retailer

Tue, 01/30/2024 - 13:31
Analysts think there will be fewer volumes at the Swedish fashion retailer

Euro zone economy stagnates as Germany struggles

Tue, 01/30/2024 - 12:28
It marked the sixth consecutive quarter of no or little growth. Economists expect more of the same in the coming months.

Guinness maker Diageo misses first-half sales estimates

Tue, 01/30/2024 - 12:16
The admission knocked investor confidence and put a spotlight on the new Chief Executive

Pfizer posts surprise profit, but key products miss on sales

Tue, 01/30/2024 - 10:45
Pfizer's earnings are closely watched because it employs around 5,000 people in Ireland and the drug maker is likely to be one of the multinationals that during the covid years made an outsized contribution to Irish corporate tax revenues

Everything to know about Elon Musk's Neuralink and its first human brain implant

Tue, 01/30/2024 - 10:10
Neuralink wants to help paralyzed people, to begin with.

Cork-founded Rose Clinic expands further with opening of Dublin location

Tue, 01/30/2024 - 10:00
Clinic has also announced plans to increase its workforce from 18 to almost 30 by the end of next year

Sharp drop in Irish property investment deals brings 'dismal' 2023 to an end

Tue, 01/30/2024 - 01:00
Sluggish trading in 2023 expected to cast a shadow on the market this year

Wind energy targets require more workers, report says

Tue, 01/30/2024 - 00:03
In addition to investment and upskilling, the organisation also suggested more focus should be given to attracting workers from abroad to plug short-term skills shortages through initiatives such as relocation grants.

Paddy Power owner Flutter launches on NYSE as Irish listing cancelled 

Mon, 01/29/2024 - 17:22
On its first day on Wall Street, Flutter shares gained more than 3% to $212 (€196.2)

Kerry-based Garvey group sees revenue increase to €144.9m

Mon, 01/29/2024 - 17:00
The group operates multiple SuperValus outlets across Munster as well as three hotels in Kerry including the Base Hotel in Dingle

Jameson owner Pernod Ricard sells Cork distillery back to original owners

Mon, 01/29/2024 - 15:17
“Having re-charged our batteries, we are keen to get back into the driver’s seat and continue the journey we started more than 14 years ago,” said Eight Degrees co-founder Cam Wallace.

Amazon drops $1.4bn iRobot deal after EU veto threat

Mon, 01/29/2024 - 14:34
IRobot CEO Colin Angle has stepped down as the company embarks on a restructuring plan that will result in about 350 job cuts

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