Business News

Tariffs, currency fluctuations and corporation tax were among the concerns raised by more than 230 small business owners and interest group representatives at a Brexit event yesterday. The event held in Loughrea, Co Galway, and organised by Supermac’s, was addressed by RTE Europe editor Tony Connelly, and Farmers Association president Joe Healy. Among the concerns […]

Growth in the Irish manufacturing sector fell slightly in September. The Irish Manufacturing Purchasers Managers’ Index (PMI) recorded a reading of 56.3 for the month, down from the seven month high of 57.5 reported in August. Any reading over 50 is deemed growth. Overall, and the manufacturing sector continued to perform strongly in September, according […]

Growth in the Irish manufacturing sector fell slightly in September. The Irish Manufacturing Purchasers Managers’ Index (PMI) recorded a reading of 56.3 for the month, down from the seven month high of 57.5 reported in August. Any reading over 50 is deemed growth. Overall, and the manufacturing sector continued to perform strongly in September, according […]

Elon Musk’s electric car maker Tesla is cutting about 9pc of its workforce, Mr Musk said yesterday, as it seeks to reduce costs without endangering the critical ramp up of production of its Model 3 sedan. Tweeting pictures of an email he said had been leaked to media, Mr Musk said that the cuts were […]

Elon Musk’s electric car maker Tesla is cutting about 9pc of its workforce, Mr Musk said yesterday, as it seeks to reduce costs without endangering the critical ramp up of production of its Model 3 sedan. Tweeting pictures of an email he said had been leaked to media, Mr Musk said that the cuts were […]

We’ve all been there – a tenner borrowed here, a fiver owed there. It can be hard to keep track when you owe it – and mortifying to have to ask for it back when you don’t. Digital payments giant PayPal thinks it has the answer. It is throwing down the gauntlet by scrapping fees […]

We’ve all been there – a tenner borrowed here, a fiver owed there. It can be hard to keep track when you owe it – and mortifying to have to ask for it back when you don’t. Digital payments giant PayPal thinks it has the answer. It is throwing down the gauntlet by scrapping fees […]

The announcement from Irish Ferries operator ICG of another delay to the delivery of the W.B. Yeats ship is set to hit earnings at the company by a further €4m – €5m, according to Davy analysts. The group had already taken a hit of €2.5m in lost revenue from cancellations announced earlier this year. On […]

The announcement from Irish Ferries operator ICG of another delay to the delivery of the W.B. Yeats ship is set to hit earnings at the company by a further €4m – €5m, according to Davy analysts. The group had already taken a hit of €2.5m in lost revenue from cancellations announced earlier this year. On […]

Shares in State-backed Malin hit an all-time low yesterday to leave taxpayers nursing a loss of 30pc on the initial investment. Malin’s shares lost 3.45pc in trading yesterday to close at €7, and at one stage plunged below €7 for the first time to hit €6.60. The State’s Ireland Strategic Investment Fund (ISIF) invested €50m […]