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Dublin: 8°C Wednesday 24 February 2021

Business - Yesterday’s News

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Business - Friday 19 February, 2021

Ulster Bank exit is 'not good news for Ireland', says Taoiseach
# The Banks
# The Banks

Ulster Bank exit is 'not good news for Ireland', says Taoiseach

Fri 4:11 PM 18,553 Views 44 Comments

The Government’s priority is to protect the 2,800 workers affected by the decision, Micheál Martin said.

'No need to panic': How will the Ulster Bank wind down affect customers?
# Banking
# Banking

'No need to panic': How will the Ulster Bank wind down affect customers?

Fri 10:49 AM 20,362 Views 15 Comments

The bank will be wound down gradually over the next few years.

Ulster says go: Bank's decision to exit was in the wind — but why is it happening now?
# Ulster Bank
# Ulster Bank

Ulster says go: Bank's decision to exit was in the wind — but why is it happening now?

Fri 8:50 AM 32,472 Views 31 Comments

Ulster Bank’s long goodbye creates major headaches for policymakers.

Business - Thursday 18 February, 2021

Leo Varadkar: 'Aer Lingus will not be allowed to fail'
# National Airline
# National Airline

Leo Varadkar: 'Aer Lingus will not be allowed to fail'

Thu 6:46 PM 41,054 Views 83 Comments

The Tánaiste said that discussions are ongoing for further financial support if required.

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Government to explore creating a 'third force' in Irish banking if Ulster Bank exits Irish market, says Varadkar
# The Banks
# The Banks

Government to explore creating a 'third force' in Irish banking if Ulster Bank exits Irish market, says Varadkar

Updated Feb 18th 2021, 12:53 PM 75,245 Views 89 Comments

A formal announcement is expected on Ulster Bank’s operations in the Republic of Ireland tomorrow.

Business - Wednesday 17 February, 2021

Ryanair loses legal bid to block government bailouts of rival European airlines
# EU State Aid
# EU State Aid

Ryanair loses legal bid to block government bailouts of rival European airlines

Feb 17th 2021, 10:56 AM 13,079 Views 26 Comments

Ryanair says it will appeal the decision to the highest EU court.

Business - Tuesday 16 February, 2021

Finance Minister 'looking at ways' to keep money saved by people during pandemic in this country
# Rainy Day
# Rainy Day

Finance Minister 'looking at ways' to keep money saved by people during pandemic in this country

Feb 16th 2021, 6:01 PM 45,225 Views 62 Comments

Paschal Donohoe also stressed the vaccine roll-out as ‘biggest driver’ of Ireland’s economy this year and next.

Business - Monday 15 February, 2021

Historian brings collection of long-lost Irish whiskey recipes back to life
# Boann Distillery
# Boann Distillery

Historian brings collection of long-lost Irish whiskey recipes back to life

Feb 15th 2021, 11:01 AM 25,030 Views 8 Comments

The recipes were unearthed and brought back to life by leading whiskey historian Fionnan O’Connor, at the Boann Distillery in Co Meath.

Business - Saturday 13 February, 2021

Hoteliers suggest guest limit for weddings based on size of venue
# Big Day
# Big Day

Hoteliers suggest guest limit for weddings based on size of venue

Feb 13th 2021, 6:45 AM 42,950 Views 23 Comments

The Irish Hotels Federation said this could allow social distancing to take place.

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Business - Thursday 11 February, 2021

'You're not a stupid man': Leo Varadkar and Pearse Doherty clash over Covid-19 insurance

'You're not a stupid man': Leo Varadkar and Pearse Doherty clash over Covid-19 insurance

Feb 11th 2021, 1:35 PM 79,642 Views 89 Comments

Tensions were running high during Leaders’ Questions.

Business - Wednesday 10 February, 2021

Public trust, regulation and killer robots: Why 2021 is going to be an important year for the AI debate
# Business Futures
# Business Futures

Public trust, regulation and killer robots: Why 2021 is going to be an important year for the AI debate

Feb 10th 2021, 6:00 PM 10,934 Views 12 Comments

Public trust in the technology is on a knife-edge, experts believe.

Business - Monday 8 February, 2021

New weekly payment of €203 introduced for 65-year-olds after rise of pension age
# Social Welfare
# Social Welfare

New weekly payment of €203 introduced for 65-year-olds after rise of pension age

Feb 8th 2021, 7:27 AM 147,638 Views 53 Comments

A person in receipt of this payment will not be required to be available for full-time work.

Business - Saturday 6 February, 2021

Higher premiums and Central Bank probes: Landmark case by pubs against FBD could have far-reaching implications
# Pubs Vs FBD
# Pubs Vs FBD

Higher premiums and Central Bank probes: Landmark case by pubs against FBD could have far-reaching implications

Feb 6th 2021, 7:00 AM 25,681 Views 30 Comments

It’s too early to say but experts believe the costs could eventually be passed onto consumers.

Business - Friday 5 February, 2021

'Vindicated': Pub owners react after landmark court ruling orders FBD Insurance to pay out over Covid losses
# High Court
# High Court

'Vindicated': Pub owners react after landmark court ruling orders FBD Insurance to pay out over Covid losses

Updated Feb 5th 2021, 1:37 PM 88,163 Views 108 Comments

The outcome of the case affects claims made by some 1,000 Irish pubs and restaurants against insurers.

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Business - Wednesday 3 February, 2021

Whether it's flexible working or the four-day week, the pandemic is opening minds to new ways of doing business
# Business Futures
# Business Futures

Whether it's flexible working or the four-day week, the pandemic is opening minds to new ways of doing business

Feb 3rd 2021, 6:00 PM 14,868 Views 2 Comments

Experts believe the pandemic is forcing businesses to put theory into practice — and the results are clear.

Business - Tuesday 2 February, 2021

Council refuses planning permission for hotel on Capel Street, says there are 'too many' hotels in Dublin
# Housing
# Housing

Council refuses planning permission for hotel on Capel Street, says there are 'too many' hotels in Dublin

Feb 2nd 2021, 11:40 AM 35,937 Views 32 Comments

It is believed to be the first time council planners have cited concerns about the growing number of hotels as a reason to refuse planning permission.

Business - Monday 1 February, 2021

'To say everything is refunded is not true': Travel agents and Ryanair customers take aim at O'Leary over remarks
# Turbulent Times
# Turbulent Times

'To say everything is refunded is not true': Travel agents and Ryanair customers take aim at O'Leary over remarks

Feb 1st 2021, 3:53 PM 44,417 Views 56 Comments

The Commission for Aviation Regulation says that 80% of complaints relating to airline refunds have been resolved.

Tourism firms can apply for grants of up to €200,000 under new scheme
# Pandemic
# Pandemic

Tourism firms can apply for grants of up to €200,000 under new scheme

Updated Feb 1st 2021, 10:55 AM 23,087 Views 8 Comments

Applications for the TBCS will open on 11 February.

Huawei to create 110 jobs in Ireland over next two years
# Huawei
# Huawei

Huawei to create 110 jobs in Ireland over next two years

Feb 1st 2021, 7:30 AM 16,156 Views 26 Comments

The Chinese multinational said it plans to invest €80 million in Irish research and development.

Ryanair loses €306 million in the last three months of 2020 as Covid hits Christmas traffic
# Air Travel Disruption
# Air Travel Disruption

Ryanair loses €306 million in the last three months of 2020 as Covid hits Christmas traffic

Feb 1st 2021, 7:22 AM 14,944 Views 44 Comments

The no-frills airline said it’s facing “the most challenging year in Ryanair’s 35-year history”.

Business - Thursday 28 January, 2021

'The French Revolution of finance': Why Reddit users and Wall Street are doing battle over GameStop
# Wall Street Shuffle
# Wall Street Shuffle

'The French Revolution of finance': Why Reddit users and Wall Street are doing battle over GameStop

Jan 28th 2021, 2:23 PM 51,839 Views 92 Comments

Major Wall Street hedge funds have lost billions in recent days.

Business - Wednesday 27 January, 2021

Disrupting 'the cosy club': Are gender quotas the solution to achieving diversity in Irish boardrooms?
# Business Futures
# Business Futures

Disrupting 'the cosy club': Are gender quotas the solution to achieving diversity in Irish boardrooms?

Jan 27th 2021, 6:00 PM 13,508 Views 76 Comments

The Irish Human Rights and Equality Commission has called on the Government to introduce statutory gender quotas.

Business - Monday 25 January, 2021

How is Ireland's top business school delivering its MBA programme in the middle of a pandemic?
# MBA Scholarship
# MBA Scholarship

How is Ireland's top business school delivering its MBA programme in the middle of a pandemic?

Jan 25th 2021, 3:48 PM 15,873 Views 10 Comments

The UCD Smurfit Graduate School of Business had had to adapt to new realities.

Boohoo buys UK Debenhams brand for €62 million, saving name but not jobs
# Fashion Buyout
# Fashion Buyout

Boohoo buys UK Debenhams brand for €62 million, saving name but not jobs

Jan 25th 2021, 8:49 AM 41,672 Views 21 Comments

Debenhams in Ireland operated under a sperate company and closed all of its stores last year.

Business - Sunday 24 January, 2021

Poll: Would you use the payments app being planned by Irish banks?
# Your Say
# Your Say

Poll: Would you use the payments app being planned by Irish banks?

Jan 24th 2021, 10:23 AM 52,582 Views 108 Comments

The app, Synch Payments, hit a roadblock last week.

Business - Friday 22 January, 2021

Vaccine roll-out lifts economic prospects but recent virus surge has impeded progress, says Central Bank
# Central Bank
# Central Bank

Vaccine roll-out lifts economic prospects but recent virus surge has impeded progress, says Central Bank

Jan 22nd 2021, 12:10 AM 11,949 Views 18 Comments

Irish GDP grew by 2.5% in spite of the pandemic, according to the updated data.

Business - Wednesday 20 January, 2021

Greenwashing, green finance and emissions: Is Irish business doing its part in the fight against climate change?
# Business Futures
# Business Futures

Greenwashing, green finance and emissions: Is Irish business doing its part in the fight against climate change?

Jan 20th 2021, 1:00 PM 5,881 Views 4 Comments

Some companies have been more proactive than others but the pandemic may have slowed progress.

Business - Friday 15 January, 2021

Other countries have tried it, so what does the 'right to disconnect' actually mean?
# Work Life Balance
# Work Life Balance

Other countries have tried it, so what does the 'right to disconnect' actually mean?

Jan 15th 2021, 11:42 AM 25,584 Views 24 Comments

A public consultation is currently underway in this country.

Business - Thursday 14 January, 2021

Biden administration could 'heighten' US engagement on global tax reform, says Paschal Donohoe
# Corporation Tax
# Corporation Tax

Biden administration could 'heighten' US engagement on global tax reform, says Paschal Donohoe

Jan 14th 2021, 2:34 PM 13,620 Views 16 Comments

Donohoe was speaking at the launch of an update to Ireland’s corporation tax roadmap.

Business - Monday 11 January, 2021

Pro-Trump social media app Parler was a breeding ground for extremism - so why has it only been taken offline now?
# Explainer
# Explainer

Pro-Trump social media app Parler was a breeding ground for extremism - so why has it only been taken offline now?

Jan 11th 2021, 3:47 PM 17,564 Views 58 Comments

At the height of its powers, Parler had 10 million users.

Irish-founded Stripe to stop processing payments for Donald Trump's campaign website
# Online Payments
# Online Payments

Irish-founded Stripe to stop processing payments for Donald Trump's campaign website

Jan 11th 2021, 9:13 AM 66,396 Views 51 Comments

The move comes as Silicon Valley companies ditch Trump one-by-one.

Business - Friday 8 January, 2021

Explainer: Here is how today's construction lockdown will impact building projects
# Construction
# Construction

Explainer: Here is how today's construction lockdown will impact building projects

Jan 8th 2021, 5:00 PM 31,381 Views 29 Comments

Despite the lockdown there are a number of construction projects that can continue.

Business - Thursday 7 January, 2021

Buying or renting? Viewings now only allowed in person 'when contracts are being drawn up'
# Property
# Property

Buying or renting? Viewings now only allowed in person 'when contracts are being drawn up'

Jan 7th 2021, 1:32 PM 44,328 Views 36 Comments

The new guidance was issued by the Department of Housing last night.

Business - Wednesday 6 January, 2021

Opinion: On Nollaig na mBan, we strive to celebrate Irish women in business
# Business Matters
# Business Matters

Opinion: On Nollaig na mBan, we strive to celebrate Irish women in business

Jan 6th 2021, 8:00 PM 13,751 Views 6 Comments

Emily and Lucy O’Connor felt there wasn’t enough being done for Irish women in business, so they decided to do something about that.

Business - Tuesday 5 January, 2021

Ministers confident of financial 'firepower' to withstand Covid-19 in 2021 despite €19 billion deficit last year
# Money Men
# Money Men

Ministers confident of financial 'firepower' to withstand Covid-19 in 2021 despite €19 billion deficit last year

Jan 5th 2021, 6:00 PM 21,799 Views 25 Comments

The deficit is compared to a pre-pandemic predicted surplus for the year of €2.5 billion.

House prices rise 6% in 'fastest inflation' in three years
# Report
# Report

House prices rise 6% in 'fastest inflation' in three years

Jan 5th 2021, 7:06 AM 37,007 Views 60 Comments

A report says Government supports and a drop in supply are partly responsible.

Explainer: Will Nama really return a €4 billion surplus to the State?
# Nama Surplus
# Nama Surplus

Explainer: Will Nama really return a €4 billion surplus to the State?

Jan 5th 2021, 7:00 AM 33,053 Views 30 Comments

Nama published its year-end review for 2020 yesterday.

Business - Thursday 31 December, 2020

'Too big to care': 2020 was the year that Europe got serious about tackling Big Tech
# Big Tech
# Big Tech

'Too big to care': 2020 was the year that Europe got serious about tackling Big Tech

Dec 31st 2020, 7:30 PM 10,861 Views 13 Comments

Amazon, Google, Facebook and Apple all faced heavy regulatory scrutiny in 2020.

Business - Monday 28 December, 2020

Trump administration appeals court ruling that blocked its attempted TikTok ban
# App Appeal
# App Appeal

Trump administration appeals court ruling that blocked its attempted TikTok ban

Dec 28th 2020, 8:47 PM 17,023 Views 17 Comments

US officials claim that the Chinese-owned app is a national security threat.

Business - Thursday 24 December, 2020

'We won't accept this': Post-Brexit trade agreement disappoints Irish fishing industry
# Brexit
# Brexit

'We won't accept this': Post-Brexit trade agreement disappoints Irish fishing industry

Dec 24th 2020, 5:57 PM 60,805 Views 54 Comments

Meanwhile, business groups are cautiously optimistic about the deal

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