BUSINESS - BREAKING NEWS

Wall Street notched another set of milestones today as the Dow Jones industrial average closed at a record high for a 12th consecutive time.

TODAY'S BUSINESS - IRISH EXAMINER

FBD wants legislation on claims costs

The chief executive of FBD has urged the Government to act on its own extensive report into the insurance industry and bring forward legislation that would help rein in the costs of claims.

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Britain’s €60bn exit bill could disrupt EU talks

Arguments about the potential €60bn bill that the UK may owe the EU as it prepares to quit the Union could eat into the time left for the UK to strike a new trade deal, a leading economist has warned.

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Hoteliers strike note of caution as Brexit looms

It was all going so swimmingly for hotels and guesthouses in Ireland for the first six months of last year — until Brexit happened.

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Primark bucks negative trend with upbeat outlook

First-half sales are expected to have increased by 11% on a yearly basis at discount clothing retailer Primark, which trades here as Penneys. 

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Irish exports to grow, if Trump doesn’t spark trade war

Brexit and now Trump stoke concerns for Irish firms, writes John Whelan.

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Paul Sutton, founder of Cork-headquartered Software Radio Systems (SRS).

What can Irish firms exhibiting at Europe’s largest trade fair expect?

Pádraig Hoare sets the scene for the Mobile World Congress in Barcelona. 

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Hotel insurance ‘costs €730 a room’

Escalating insurance costs of €730 a room threaten to puncture a record year for many hoteliers and guest house owners as they face the challenge of hosting fewer British visitors, the country’s largest hotels group has said.

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Brexit jobs dividend may not be good for Ireland

We could be thrust back into a situation where future growth is largely restricted to the east coast, writes Paul Colgan.

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Patrick Kent, ICSA president

Expansion for the livestock sector is a high risk strategy

It’s a constant battle to get a fair share of the end price and the reality has always been that the greatest share of it goes to the processors and the retailers, writes ICSA president Patrick Kent.

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In Focus: Allied Irish Banks

Finance Minister Michael Noonan and the Government’s banking market advisers will have to show their hand very soon, if they are to sell up to €3bn of shares in AIB in May or June.

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Jim Bolger is an advocate for genetic testing in racing.

Small business column: Mike Shelly on genetic testing in horse racing

Kehlan Kirwan talks with Mike Shelly, chief executive of Plusvital, an Irish equine science company that focuses on horse supplements and genomics.

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Hiro cooks up healthy meals

A Japanese flour inspired entrepreneur Roisin Hogan to get into ready-made foods, explains Trish Dromey.

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The new BlackBerry KEYone at the Mobile World Congress.

Jury out whether telcos are capable of the big change

Seeking out new revenues, big phone firms at the Mobile World Congress are trying to loosen Google, Amazon and Facebook’s grip, write Eric Auchard and Sophie Sassard.

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Google aims to take on Apple’s Siri

Five months after introducing its digital assistant, Google is sharing the feature with Android partners, hoping the service can boost its odds to win customers from Apple’s iPhone.

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Brexit not to blame for dividend delay, says Bank of Ireland

A decision to delay paying its first dividend since the financial crisis was mainly due to accounting issues surrounding the bank’s pension scheme, and not to do with underlying issues such as Brexit, Bank of Ireland has said.

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Crowds bid final farewell to Cork business ‘legend’ James O’Sullivan

Hundreds of mourners came to bid a final farewell to one of Cork’s most prominent businessmen and philanthropists, James O’Sullivan, yesterday.

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Bord na gCon posts surplus as crowds fall

Bord na gCon has reported a large increase in its operating surplus for 2015, although numbers attending greyhound meetings continued to fall.

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Uber’s legal woes go on with fresh lawsuit

Waymo, the self-driving car company owned by Google’s parent Alphabet, has filed a suit against Uber, accusing it of stealing designs.

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Central Bank governor urges patience over tracker probe

Central Bank governor Philip Lane urged patience with the ongoing tracker mortgage scandal investigation while in Cork yesterday but conceded the public needed more regular updates.

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RSA Ireland targeting return to profit this year

British insurer RSA is targeting a return to profit in its Irish operations this year, after reporting a 61.5% rise in operating losses for 2016.

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British government sells down more shares in Lloyds as AIB decision looms

The British government said yesterday it has further reduced its stake in Lloyds Banking Group, a day after the bank posted its highest profit since before the 2007 to 2009 global financial crisis.

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Naysayers need to take stock of positive employment data

There is now every possibility employment will re-attain 2007 highs over the next couple of years, writes Jim Power.

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Morgan Stanley eyes Ireland move

Morgan Stanley is scouting for office space in Frankfurt and Dublin for an enlarged EU hub following the UK’s vote to leave the political bloc, according to sources. The bank may initially move about 300 workers to one of the cities.

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Could advertisers help real journalism defeat fake news?

Joe Dermody interviews Paul Moran, managing director of Mediaworks marketing and advertising.

This story is enriched with multi-media content

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European Commission seeks reviews of Ireland's low rates of Vat

The European Commission has called on the Government to install “systematic” reviews of all its reduced rates for Vat, such as its low level of tax on hotels and restaurants, and has warned again on the State relying too much on corporate taxes.

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Farmers welcome Glanbia proposal

Farmers have given a cautious welcome to Glanbia’s plan to sell 60% of its Irish dairy business to Glanbia Co-op, creating a new Glanbia Ireland joint venture in a deal worth €112m.

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Aidan Forde, Irish Examiner, and Robert Mulhall, AIB, with Barrie O'Connell and Conor Healy of the Cork Chamber of Commerce. Picture: Jim Coughlan

AIB to appoint Brexit advisors

AIB is to appoint Brexit advisors all around the country as it advised customers not to become complacent about its impact on industry.

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The EU needs cool heads amid increasing uncertainty

The concern of many member states is that the EU is getting too big for its boots, writes Paul Mills.

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No Armageddon, but Brexit will harm the UK economy

The UK economy may be paying for Brexit for a long time to come. 

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Travis Fimmel and Gabriel Byrne in 'Vikings'. The hit TV series is filmed in Co Wicklow.

Ashford Studios submits new €90m planning bid

The Co Wicklow studios where the hit series Vikings, is shot has made a fresh bid for a €90m expansion that would create 1,500 movie-related jobs.

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