Regional projects get €30m funding

Eight Munster research projects are to share a €30.5m regional funding programme managed by Enterprise Ireland, writesGeoff Percival.

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Brexit Britain guaranteed to be economically worse off outside EU, says think tank

Brexit Britain is guaranteed to be economically worse off outside the European Union, and crashing out without a deal would see the economy take a €113 billion ...

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UK inflation surges to near six-year high of 3.1%

UK inflation has unexpectedly jumped to a near six-year high, forcing the Bank of England to explain to the Chancellor why the cost of living has surged.

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Ryanair fails to get ‘screen scraping’ case fast-tracked

Ryanair has failed to have a case over alleged online ‘screen scraping’ admitted to the fast-track commercial court list, writes Ann O'Loughlin.

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‘Strategic fund needed’ to boost Shannon passengers

Shannon Airport is the only one of the five major airports in the Republic to record an annualised drop in passengers — in its case by 5% — this year, ...

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Revenue reminder over €9.8m tax refunds

Revenue owes about €9.8m for tax refunds but cannot pay out because the claimants provided the wrong or no bank details, according to Chartered Accountants ...

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Huawei increases investment in Cork and Dublin

Chinese IT company Huawei is to increase jobs at its base in Cork’s Capitol building after the firm pledged further funds in research and development in Ireland, ...

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Financial jitters over ‘watertight’ Brexit deal

Jitters over the supposedly “watertight” deal struck between the EU and UK last week over the next phase of the Brexit talks weighed on sterling and ...

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US stocks close modestly higher as S&P 500 and Dow Jones hit new high

Technology companies led US stocks modestly higher today, driving the market to another set of milestones.

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Businessmen sued by fund for €2.1m over alleged loan default

Two businessmen are being sued by a fund for €2.1m over alleged default on a loan they received to buy a one-acre site at Mill Lane, Shankill, Co Dublin.

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Ryanair fail in bid to have ’screen scraping’ case fast tracked

Ryanair has failed to have a case over alleged on-line "screen scraping" admitted to the fast track Commercial Court list.

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Fears of possible festive disruption grow as direct employee Ryanair pilots vote in favour of industrial action

79 out of 82 of Ryanair's direct employee pilots based in Dublin have voted for industrial action in a row over collective bargaining and negotiating rights.

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Fund sues Louth couple for recovery of €3.34m arising out of Anglo loans

A fund is suing a couple for recovery of €3.34m arising out of loans made to them in 2008 by the former Anglo Irish Bank.

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The Monday Interview: Charles Dowd, co-founder, Plynk - Changing how we act around money

Plynk is Europe’s first money messagingapp offering instant person-to-person payments. PádraigHoare speaks to co-founder CharlesDowd about hopes for ...

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Final approval for new Dublin hotel

An Bord Pleanála has given the go-ahead for a new €40m luxury hotel for Dublin’s St Stephen’s Green despite security fears being raised by ...

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Reports show North-South gap is widening

The economic gap between the Republic and the North is widening, according to a new study by EY.

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US stocks boosted by better-than-expected jobs report

US stocks rose on Friday following a better-than-expected jobs report and the strong finish pushed the Standard & Poor's 500 index to its third straight weekly gain ...

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Minimal impact for Irish banks as Basel III agreed

Financial regulators have reached a deal to harmonise global banking rules, capping a decade of effort to make banks more resilient, even if they fall short of their ...

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Claims North Korean hackers stealing Bitcoin to finance Kim Jong-un's regime

It is claimed North Korean hackers are stealing Bitcoin to help finance Kim Jong-un's regime.

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Abbey stoic in face of Brexit as profits increase 8%

Irish housebuilding group Abbey has said it remains upbeat about its prospects after reporting a near 8% annualised rise in profits for the first half of its financial ...

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Cork PepsiCo workers urged to accept 9% pay rise offer

A group of workers at the Irish arm of US soft drinks giant, Pepsico, are to get more fizz into their pay packets, despite company concerns over the impact of the ...

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Ikea has ‘strong growth agenda’

The head of the Irish wing of Swedish furniture giant, Ikea, remained silent on its plans for a second store in Cork, but said that the firm has a “very strong ...

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Long way to go on Brexit, business bodies warn

Business organisations have largely welcomed the Brexit hard border breakthrough, but cautioned that there is a long road ahead in negotiations, before trade arrangements ...

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Britain's financial watchdog responds to claims that fear of legal action held back RBS report

The UK's financial watchdog has defended its handling of a report into Royal Bank of Scotland's treatment of small business customers following claims it failed ...

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Bank of England interest rate meeting in focus for 'one and done' clues

Policymakers in England are expected to keep interest rates on hold next week after November's milestone hike amid increasing speculation it was a "one and done" ...

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Sterling climbs to six-month high versus Euro after Brexit breakthrough

The pound was trading at six-month highs against the euro as investors celebrated news of a Brexit breakthrough in Brussels.

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Betting shares rise as Ladbrokes attracts huge €4.4bn bid

Betting shares, including Paddy Power-Betfair, rose sharply on the back of further industry consolidation talk, this time concerning a potential $5.2bn (€4.4bn) ...

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Recovering €13bn tax bill from Apple to cost State €2m

Finance Minister Paschal Donohoe has said the cost to the State in recovering the €13bn tax bill from Apple is €2m, writes Gordon Deegan.

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Consumers to keep ‘tight reins’ on Christmas spend

Spending this Christmas and New Year will be buoyant but will unlikely be much greater than year-ago levels, according to the latest survey by KBC Bank Ireland and ...

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Hobbs says judgment, not integrity may be flawed

Financial adviser and television personality Eddie Hobbs has said he is “deeply saddened” for investors who lost almost €13m in a firm he fronted, ...

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Data regulation plans at ‘critical’ time for firms warns Data Protection Commissioner

Time is running out for organisations to put plans in place to comply with the significant European data protection law next May, warns the Data Protection Commissioner’s ...

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Supreme Court permits winding up of four companies over revenue debts

A nine year battle to prevent four companies being liquidated over Revenue debts exceeding €1m has ended with a Supreme Court order permitting their winding ...

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Ladbrokes Coral in talks on takeover by GVC

Gambling giant Ladbrokes is in "detailed" talks over a takeover by online rival and Foxy Bingo owner GVC in a deal worth up to £3.9bn (€4.4bn).

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Sky shares race higher on Disney and 21st Century Fox takeover rumours

Shares in Sky pushed higher on Thursday as rumours intensified that Disney and 21st Century Fox are edging closer towards a deal.

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Ryanair shares dip as Italians add to piloting woes

Ryanair shares fell marginally yesterday on news that its Italian-based pilots are headed for strike action later this month and rival carrier Easyjet saying it ...

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Hammerson wants further Irish shopping centre stakes

British shopping centre investment giant Hammerson has said it is looking at further investments in Ireland after launching a £3.4bn (€3.85bn) bid for ...

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UK banks hiding cyber attacks

UK banks still aren’t telling regulators about all the cyber attacks on the financial services industry despite a ten-fold increase in reports to the Financial ...

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Concern over level of mortgage restructuring

A mortgage expert has expressed serious concern after Central Bank research showed the number of home loan accounts — possibly well over 120,00 and as many ...

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Brexit talks fears weigh on sterling

The UK’s FTSE 100 index lifted from a two-month low yesterday as Brexit negotiations dented sterling, while Costa coffee shop owner Whitbread got a late boost ...

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Almost a third face mobile coverage issues at home

Almost one-third of mobile phone users still encounter problems with calls and texts around their homes with half of that number experiencing daily issues, new data ...

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U2 firms’ contrasting fortunes in 2016

Two firms owned by the members of U2 had contrasting fortunes last year, according to new accounts, writes Gordon Deegan.

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Plastics group One 51 eyeing Europe deals

Plastics group One 51, which was renamed IPL Plastics, is to pursue acquisitions in mainland Europe in a bid to rebalance its spread but won’t carry out any ...

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Sinking energy stocks pull Standard & Poor's 500 index to fourth straight loss

US stocks have taken another small step backwards after a plunge in the price of oil dragged down shares of energy producers.

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The winners of the InBUSINESS Recognition Awards have been announced

The winners of the InBUSINESS Recognition Awards have been chosen across 20 categories at an awards ceremony at the Westin Hotel in Dublin today.

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Aviva accused of not paying out to businesses affected by London Bridge attack

Insurance giant Aviva is the only firm not to pay out to businesses affected by the London Bridge terror attack, an MP has claimed.

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The Irish Times to acquire Landmark Media business

The Irish Times DAC and the owners of Landmark Media Investments have signed a share purchase agreement whereby The Irish Times will acquire all of the publishing ...

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Bitcoin closes in on $13,000 mark as prices continue to soar

Bitcoin is closing in on $13,000 (€11,000), in what is set to be another milestone in the cryptocurrency’s meteoric rise.

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Coty can impose online sales ban on luxury products

Luxury beauty company Coty can stop retailers from selling its products online, Europe’s top court has ruled.

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Bullring owner Hammerson to take over Lakeside firm INTU

Shopping centre owner Hammerson has agreed an all share takeover of rival Intu in a £3.4bn(€3.84bn) deal that will create Britain’s biggest property ...

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Saga shares tumble after warning over Monarch collapse hit

Over 50s travel and insurance firm Saga saw shares plummet by as much as 25% after it warned the collapse of airline Monarch had hit earnings and said efforts to ...

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