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Dublin: 6°C Friday 14 May 2021

Business - Tuesday 4 May, 2021

Irish government policy is incentivising property funds to buy up entire housing estates, say opposition
# Any Gaffs
# Any Gaffs

Irish government policy is incentivising property funds to buy up entire housing estates, say opposition

May 4th 2021, 3:54 PM 24,088 Views 58 Comments

Round Hill Capital bought 135 homes at a new development in Kildare.

Warren Buffett names Greg Abel as successor at Berkshire Hathaway
# Insurance
# Insurance

Warren Buffett names Greg Abel as successor at Berkshire Hathaway

May 4th 2021, 12:30 PM 17,516 Views 14 Comments

Buffett currently ranks as the world’s sixth richest person with wealth of $103.7 billion.

Business - Friday 30 April, 2021

Explainer: Why is India calling for IP rules around Covid vaccines to be waived?
# Intellectual Property
# Intellectual Property

Explainer: Why is India calling for IP rules around Covid vaccines to be waived?

Apr 30th 2021, 6:30 AM 21,830 Views 18 Comments

The World Trade Organization will meet again today to discuss the proposal.

Business - Wednesday 28 April, 2021

The High Court has appointed provisional liquidators to one of the country's best known travel agents
# The High Court
# The High Court

The High Court has appointed provisional liquidators to one of the country's best known travel agents

Apr 28th 2021, 10:56 PM 31,894 Views 0 Comments

The High Court heard that the company suffered losses in excess of €7m in 2020.

Business - Tuesday 27 April, 2021

RTÉ has made an 'initial payment' to Revenue over self-employment contracts, Dáil committee hears
# Money At Montrose
# Money At Montrose

RTÉ has made an 'initial payment' to Revenue over self-employment contracts, Dáil committee hears

Apr 27th 2021, 3:51 PM 39,016 Views 56 Comments

The State broadcaster is facing a “structural funding problem”, according to its director general.

Business - Friday 23 April, 2021

Adrian and Jeremy, 'Dublin's most controversial talk show presenters', to depart 98FM
# Dublin Walks
# Dublin Walks

Adrian and Jeremy, 'Dublin's most controversial talk show presenters', to depart 98FM

Apr 23rd 2021, 12:15 PM 80,752 Views 73 Comments

Adrian Kennedy and Jeremy Dixon launched Dublin Talks on 98FM in 2014.

Most company directors think the economy will be fully reopened by the end of 2021
# Business Confidence
# Business Confidence

Most company directors think the economy will be fully reopened by the end of 2021

Apr 23rd 2021, 6:30 AM 11,927 Views 16 Comments

Nearly half of business leaders said they expect to return to the office in the fourth quarter.

Business - Wednesday 21 April, 2021

Phones, plans and contracts: How will the closure of Carphone Warehouse in Ireland affect customers?
# Know Your Rights
# Know Your Rights

Phones, plans and contracts: How will the closure of Carphone Warehouse in Ireland affect customers?

Apr 21st 2021, 3:52 PM 23,108 Views 12 Comments

Contracts should continue as normal – here’s what you need to know.

Almost 500 jobs to go as Carphone Warehouse set to close all Irish stores
# Retail Woes
# Retail Woes

Almost 500 jobs to go as Carphone Warehouse set to close all Irish stores

Apr 21st 2021, 11:58 AM 56,902 Views 65 Comments
  • 69 standalone and 12 in-store outlets to shut
  • Company says employees will be 'fully supported' following announcement
  • Tánaiste describes news as a 'huge blow'
Netflix reports slower subscriber growth as Covid-related TV and film production delays bite
# Streaming Wars
# Streaming Wars

Netflix reports slower subscriber growth as Covid-related TV and film production delays bite

Apr 21st 2021, 11:34 AM 6,887 Views 6 Comments

But the streaming giant’s revenues jumped 24% to $7.2 billion.

Business - Monday 19 April, 2021

Brexit triggers a 'very weak' start to the year at Dublin Port as cargo volumes plunge
# Port In A Storm
# Port In A Storm

Brexit triggers a 'very weak' start to the year at Dublin Port as cargo volumes plunge

Apr 19th 2021, 11:49 AM 12,374 Views 10 Comments

Trade with the UK declined by 29% while trade with other EU ports increased by nearly 18%.

Employers will be paid more to take on women or lone parents as apprentices
# Apprenticeship
# Apprenticeship

Employers will be paid more to take on women or lone parents as apprentices

Apr 19th 2021, 11:43 AM 20,764 Views 38 Comments

Additional money will also be given to businesses that take on people with a disability, or are from direct provision as apprentices.

Business - Wednesday 14 April, 2021

Finance Minister contemplates long-term 'scarring effects' for economy from Covid
# Outlook
# Outlook

Finance Minister contemplates long-term 'scarring effects' for economy from Covid

Apr 14th 2021, 5:33 PM 17,465 Views 26 Comments

The Stability Programme Update is forecasting GDP growth of 4.5% for this year.

CSO figures show a 91% drop in Irish air passenger numbers by the end of 2020
# Air Travel
# Air Travel

CSO figures show a 91% drop in Irish air passenger numbers by the end of 2020

Apr 14th 2021, 1:11 PM 6,157 Views 14 Comments

All routes in and out of Ireland saw a drop of 91% at the end of 2020.

Ryanair loses court cases as it rails against pandemic State bailouts of national airlines
# Flag Carriers
# Flag Carriers

Ryanair loses court cases as it rails against pandemic State bailouts of national airlines

Apr 14th 2021, 11:32 AM 20,188 Views 27 Comments

Ryanair has estimated the total state aid to airlines approved by Brussels at €30 billion.

Business - Tuesday 13 April, 2021

Meat plants continue to need workers from abroad as Irish supply 'not currently available'
# Meat Processing
# Meat Processing

Meat plants continue to need workers from abroad as Irish supply 'not currently available'

Apr 13th 2021, 5:08 PM 21,896 Views 63 Comments

Representatives from Meat Industry Ireland and the Migrant Rights Centre Ireland were before politicians today.

Business - Saturday 10 April, 2021

Forbes article about Stripe brothers which called Limerick 'stab city' removed after online backlash
# Peace Treaty
# Peace Treaty

Forbes article about Stripe brothers which called Limerick 'stab city' removed after online backlash

Apr 10th 2021, 9:24 AM 62,562 Views 124 Comments

The piece was written as a profile of Stripe billionaires John and Patrick Collison.

'A 30-year race to the bottom': Why might the Biden global tax plan spell trouble for Ireland's entire economic model?
# Ireland Inc
# Ireland Inc

'A 30-year race to the bottom': Why might the Biden global tax plan spell trouble for Ireland's entire economic model?

Apr 10th 2021, 7:00 AM 40,012 Views 58 Comments
  • The Biden administration has recommitted the US to global tax reform talks.
  • American wants a 21% global minimum rate of corporation tax.
  • Ireland's famous 12.5% rate looks likely to come under severe pressure.

Business - Wednesday 7 April, 2021

Pandemic 'solidarity tax' on wealthy individuals or companies is on the table, says IMF
# Wealth Tax
# Wealth Tax

Pandemic 'solidarity tax' on wealthy individuals or companies is on the table, says IMF

Apr 7th 2021, 3:16 PM 21,345 Views 27 Comments

The IMF has also backed calls for a global minimum rate of corporation tax.

Business - Tuesday 6 April, 2021

Paschal Donohoe defends Ireland's corporation tax rate after US treasury secretary's remarks
# Exchequer Returns
# Exchequer Returns

Paschal Donohoe defends Ireland's corporation tax rate after US treasury secretary's remarks

Apr 6th 2021, 6:38 PM 27,921 Views 26 Comments

Ireland’s budget deficit increased by nearly €4.2 billion in the first quarter of 2021.

Business - Saturday 3 April, 2021

Trouble in the Suez: Stuck boat highlights globalisation stresses and the unseen labour of ship workers
# MV Ever Given
# MV Ever Given

Trouble in the Suez: Stuck boat highlights globalisation stresses and the unseen labour of ship workers

Apr 3rd 2021, 8:00 AM 32,230 Views 19 Comments

Experts say the Suez crisis highlights how little we understand about global trade.

Business - Thursday 1 April, 2021

Irish shoppers lost €12 million to credit and debit card fraudsters in the first half of 2020
# Payment Fraud
# Payment Fraud

Irish shoppers lost €12 million to credit and debit card fraudsters in the first half of 2020

Apr 1st 2021, 6:30 AM 10,670 Views 6 Comments

Online card fraud rose by 21% compared with the same period in 2019, the BPFI said.

Irish consumer spending approaching pre-Covid levels as path to recovery becomes clearer
# Central Bank
# Central Bank

Irish consumer spending approaching pre-Covid levels as path to recovery becomes clearer

Apr 1st 2021, 12:05 AM 25,158 Views 33 Comments

However, the outlook remains ‘uncertain’ and unemployment will remain high into 2022.

Business - Tuesday 30 March, 2021

Ulster Bank topped the Financial Ombudsman's complaints table in 2020 for the second year in a row
# The Banks
# The Banks

Ulster Bank topped the Financial Ombudsman's complaints table in 2020 for the second year in a row

Mar 30th 2021, 11:40 AM 6,246 Views 5 Comments

The watchdog also received 492 new complaints about tracker mortgages in 2020.

Business - Friday 26 March, 2021

The EMA has granted approval for AstraZeneca plant at centre of diplomatic dispute
# AstraZeneca
# AstraZeneca

The EMA has granted approval for AstraZeneca plant at centre of diplomatic dispute

Mar 26th 2021, 2:54 PM 26,672 Views 24 Comments

The Dutch plant has been at the centre of a bitter spat between the UK and the EU over AstraZeneca’s vaccine production shortfall.

Business - Thursday 25 March, 2021

Ulster Bank fined €37.8 million for its 'unacceptable' handling of tracker mortgage scandal
# The Banks
# The Banks

Ulster Bank fined €37.8 million for its 'unacceptable' handling of tracker mortgage scandal

Mar 25th 2021, 12:01 PM 50,147 Views 80 Comments

It’s the largest fine the Central Bank of Ireland has ever handed out.

Inflation among the least of our worries as the Irish economy recovers from Covid, says ESRI
# Economic Forecast
# Economic Forecast

Inflation among the least of our worries as the Irish economy recovers from Covid, says ESRI

Mar 25th 2021, 6:10 AM 16,117 Views 16 Comments

Meanwhile, Irish GDP is expected to continue its upward trajectory despite current public health restrictions.

Business - Tuesday 23 March, 2021

Morning Memo: NFTs explained (sort of)
# NFTs
# NFTs

Morning Memo: NFTs explained (sort of)

Mar 23rd 2021, 1:35 PM 13,023 Views 6 Comments

The blockchain-supported phenomenon has really taken off in the art world by storm.

Business - Wednesday 17 March, 2021

Customers still waiting for refunds after PS5 consoles were not delivered before Christmas
# Innovate
# Innovate

Customers still waiting for refunds after PS5 consoles were not delivered before Christmas

Mar 17th 2021, 6:30 AM 34,707 Views 0 Comments

The consoles were purchased from Innovate, a store based in Ennis, as Christmas presents.

Business - Monday 15 March, 2021

Dublin businessman has Giant ambitions for his latest visitor attraction — the world's tallest moving statue
# The Giant
# The Giant

Dublin businessman has Giant ambitions for his latest visitor attraction — the world's tallest moving statue

Mar 15th 2021, 2:41 PM 43,992 Views 28 Comments

It’s understood that Dublin is one of the cities being targeted by the company.

Business - Sunday 14 March, 2021

'Breaking the link': Ireland's corporate accountability regime set for major overhaul in the wake of Davy scandal
# Davy Sale
# Davy Sale

'Breaking the link': Ireland's corporate accountability regime set for major overhaul in the wake of Davy scandal

Mar 14th 2021, 12:05 AM 21,562 Views 49 Comments

The Central Bank wants an expanded regulatory toolkit to tackle individuals.

Business - Friday 12 March, 2021

Gardaí begin probe of Fastway cyber attack
# Fastway Couriers
# Fastway Couriers

Gardaí begin probe of Fastway cyber attack

Mar 12th 2021, 6:56 PM 23,152 Views 0 Comments

The Garda probe is the second to be launched as the Data Protection Commission are also carrying out an assessment.

Business - Thursday 11 March, 2021

Fastway Couriers apologises after customer data from over 440,000 parcel deliveries hacked
# Data Breach
# Data Breach

Fastway Couriers apologises after customer data from over 440,000 parcel deliveries hacked

Mar 11th 2021, 6:22 PM 168,370 Views 81 Comments

Customer data relating to more than 400,000 parcel deliveries was accessed by hackers.

Faced with rising borrowing costs for EU governments, the ECB says it will increase the pace of stimulus
# European Stimulus
# European Stimulus

Faced with rising borrowing costs for EU governments, the ECB says it will increase the pace of stimulus

Mar 11th 2021, 2:33 PM 12,179 Views 10 Comments

European GDP is set to shrink further in the first quarter of the year, says ECB President Christine Lagarde.

Business - Tuesday 9 March, 2021

Significant decline in buy-to-lets as Covid-19 continues to impact housing market
# Mortgages
# Mortgages

Significant decline in buy-to-lets as Covid-19 continues to impact housing market

Mar 9th 2021, 6:00 AM 13,743 Views 14 Comments

Buy-to-let investors now account for less than 1% of mortgages, compared to 20% in 2006, according to new figures.

Business - Thursday 4 March, 2021

Taoiseach: Government will 'move away' from Covid-19 business supports 'when virus is under control'
# Shuttered
# Shuttered

Taoiseach: Government will 'move away' from Covid-19 business supports 'when virus is under control'

Mar 4th 2021, 1:05 PM 26,703 Views 40 Comments

A range of different government supports are currently in place as large portions of the economy remain closed or restricted.

Coveney had 'blunt' conversation with UK government over move to extend NI Protocol grace period
# Exports
# Exports

Coveney had 'blunt' conversation with UK government over move to extend NI Protocol grace period

Updated Mar 4th 2021, 12:45 PM 34,525 Views 79 Comments
  • The EU is now considering legal options.
  • Coveney says the move was "disrespectful" and has damaged UK-EU relationships.

Business - Wednesday 3 March, 2021

Permanent TSB reports a pre-tax loss of €166 million in 2020 as Covid hits new lending
# The Banks
# The Banks

Permanent TSB reports a pre-tax loss of €166 million in 2020 as Covid hits new lending

Mar 3rd 2021, 8:31 AM 10,386 Views 18 Comments

The 75% State-owned bank took a loan impairment charge of €155 million.

Business - Tuesday 2 March, 2021

'A landmark deal': AIB agrees to buy stockbrokers Goodbody for €138 million
# The Banks
# The Banks

'A landmark deal': AIB agrees to buy stockbrokers Goodbody for €138 million

Mar 2nd 2021, 3:35 PM 30,472 Views 24 Comments

The bank says the move will diversify its revenue streams and address gaps in its customer offerings.

Paschal Donohoe calls on stockbrokers Davy to make a public statement after €4.1 million Central Bank fine
# Davy Stockbrokers
# Davy Stockbrokers

Paschal Donohoe calls on stockbrokers Davy to make a public statement after €4.1 million Central Bank fine

Mar 2nd 2021, 3:08 PM 32,904 Views 0 Comments

It’s understood the fine relates to a transaction involving Anglo Irish Bank bonds and a Maple 10 developer.

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