You are viewing the content for Tuesday 12 February 2019

BUSINESS

Shannon Airport funding plea to tackle 'dominant Dublin monolith'

Shannon Airport is suffering because of the dominant position of Dublin Airport, Limerick economists have said.

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Calls grow for prompt Waterford Airport funding decision

Private investors willing to put funds into Waterford Airport will not "hang around while the Government licks their pencils and commission further reports" into making a business case to revitalise the facility.

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The secret to unlocking the wealth of the regions

A friend of mine was discussing work recently. He was observing the challenges and opportunities associated with the chronic commuting times that many people have to endure around Dublin.

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Cork family to star in global Kerrygold campaign

Kerrygold have announced a new advertising campaign that is expected to reach 36m people across the globe.

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Bank of England chief calls for Brexit solution as he warns over global risks

Mark Carney also warned about the slowing Chinese economy, protectionism and de-globalisation.

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Seven Irish people recognised on Forbes '30 under 30' list

The fourth annual Europe list recognises 300 people who are making waves in various industries including technology, sport, science, media and entertainment.

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Gucci owner hails 'remarkable' year as sales soar

Luxury group Kering has hailed a 'remarkable' year after rapid growth on the back of demand for Gucci in Asia and North America.

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Largo Foods changes name to Tayto Snacks

Snack food manufacturing company Largo Foods has today announced its name change to Tayto Snacks.

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Rise of online sales forcing retailers to rethink approach

The growth of online sales is a worrying reality for the country's retailers.

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Hard border would 'create havoc' with live exports, say companies

Live animal exports could be seriously affected if a hard border is created by Brexit.

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Debate flares over health of global economy

The OECD and IMF have kept their forecasts for the global economy largely intact to date, with just slight downgrades to their projections.

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Government urged to do more over Brexit tax

Business representative groups feel the Government should go further in its efforts to ease the burden on Brexit-exposed importers by widening the terms of its Vat deferral scheme.

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US economy may go into recession, warns Krugman

Nobel laureate Paul Krugman said the US economy may be heading into a recession at a time when the US Federal Reserve doesn’t have the firepower to properly combat a slump.

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UK sued by Channel tunnel firms over Brexit ferry plans

The companies that run the Channel Tunnel are suing the British government over its award of ferry contracts to handle freight shipments in a no-deal Brexit, just days after one of those contracts, with a startup company that doesn’t own any ships, fell through.

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Grocery prices up on €2.72bn spend

Inflation appears to be re-emerging as a feature of Irish grocery shopping and bringing to an end a long period when consumers benefitted from the slide in the value of sterling against the euro since the Brexit referendum in the summer of 2016.

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Just Eat told to seek out mergers

Just Eat should merge with a rival online meal-delivery company because the board has shown that it can’t find a suitable chief executive, according to Cat Rock Capital Management, which owns about 2% of Just Eat.

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