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Enterprise Insurance, which has 14,000 costumers in Ireland, is being closed down.

TODAY'S BUSINESS - IRISH EXAMINER

Sterling falls as surveys point to big Brexit hit

Sterling fell as reports suggesting that the UK’s manufacturing and services industries contracted in July heightened speculation that the Bank of England will cut interest rates as soon as next month.

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Irish Brokers Association: Change lending rules

The Irish Brokers Association has reiterated its call for a loosening of mortgage loan restrictions, as the Central Bank published research on the way the rules are affecting the mortgage market since they were first introduced in early 2015.

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Firms warned of EU cyber security fines

A large number of Irish firms will be liable for multi-million euro penalties if they fail to comply within 21 months with new EU-wide cyber security rules due to come into effect next month.

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Pokémon Go captures fans at home launch

Office workers and children on school holidays streamed out onto Tokyo’s streets yesterday to play Pokémon Go after the hit mobile game was released in its home country.

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The global-market links of Ireland’s drugs scourge

On Wednesday, Taoiseach Enda Kenny walked the streets of Dublin’s north inner city.

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CRH shares rise as earnings to top €1.1bn in H1

Shares in CRH — the international building products giant — have clawed back losses suffered when the UK last month voted to leave the EU after saying that earnings will rise by more than it expected in the current year.

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Refurbished DoubleTree hotel books €29.4m in sales

The DoubleTree by Hilton, the refurbished hotel in Dublin 4, last year enjoyed pre-tax profits of €2.16m after revenues jumped by 27% to €29.4m.

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Vodafone Ireland Q1 revenue hits €242m

Vodafone’s Irish unit recorded a 2.8% increase in service revenue in the 12 months to the end of June having posted Q1 revenue of €242m.

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Starbucks’ sales of €4.7bn miss estimates for quarter

Starbucks — the world’s largest coffee-shop chain — has reported third-quarter revenue that missed analysts’ estimates after same-store sales growth slowed in the Americas, its biggest region.

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