The rate of rise in motor insurance costs and rents eased off last month. New figures from the Central Statistics Office (CSO) show that motor premiums did not rise in the month of January. But the cost of cover was up 6.4pc when compared with...
Read MoreMore than half of Irish businesses believe Brexit will have no impact on their business
More than half of Irish businesses believe that Brexit will have no effect on their business, according to a new report. Fifty-one per cent of respondents to a survey conducted by accountancy firm HLB Sheehan Quinn believe that Britain’s...
Read MoreValue of State’s holding in AIB falls by €900m
The value of the State’s holding in AIB was €11.3bn at the end of December – down €900m since the previous year. The Government owns more than 99pc of AIB after pumping around €21bn into the bank to save it from...
Read MoreEuropean stocks inch up in thin trading
European stocks edged higher yesterday, with gains in miners and telecommunications firms tempered by a slide in Unilever. By the close in Dublin, the ISEQ Overall Index was up 0.14pc or 8.86 points, to end the trading session at 6,549.09. The...
Read MoreBanks and insurers warned over use of tracking devices on customers’ cars
Hundreds of companies in industries ranging from banking to insurance have been warned about the use of spy kits by private investigators, the Irish Independent can reveal. In an unprecedented move, the Office of the Data Protection Commissioner...
Read MoreMega merger on the cards as top Credit Unions in talks to join forces
Two of the largest credit unions in the Munster region are in talks that could lead to a mega merger. Clonmel Credit Union may end up taking over Cork’s Charleville, if the discussions reach a successful conclusion. The move could see up to...
Read MoreThree software tech giants eying Irish move
Irish representatives are in discussions with three of the world’s leading software firms about the possibility of locating here, according to a well-placed industry source familiar with the talks. There are ongoing talks with Intuit, Infor...
Read MoreMicrosoft invites graduates and experienced staff to apply as firm creates 600 new jobs in Dublin
Microsoft has announced the creation of 600 jobs this morning at its European headquarters in Dublin. The jobs are the latest boost to the economy following the announcement this week that US recruitment services firm Indeed is adding 500 jobs at...
Read MoreTony Blair launches campaign to persuade Britain to remain in EU
Tony Blair has urged pro-Europeans to “rise up” and persuade the British people they were wrong about Brexit. In a keynote speech, the former prime minister said voters had backed leaving the EU without knowing the true cost and...
Read MoreKingspan revenue breaks €3bn mark as profits jump 33pc
Cavan-based insulation giant Kingspan made a €341m profit last year as its revenue jumped 12pc to €3.1bn, the company reported this morning. The profit was 33pc higher than in 2015 Kingspan, whose chief executive is Gene Murtagh, said...
Read MoreExports to Britain down by €496m due to Brexit
Irish goods exports reached a record last year of almost €117bn, but exports to Britain dropped by almost half a billion euro as the Brexit vote took its toll. Imports from Britain also fell back by €1.36bn. The preliminary data from...
Read MoreAryzta shares fall but world stocks advance
Shares in Irish-Swiss food group Aryzta fell 2.3pc in Zurich by mid-afternoon yesterday as investors took an opportunity to cash in on Tuesday’s share surge after it announced the departure of chief executive Owen Killian and a review of...
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