Coillte launches new forest plan and eyes July ESB deal

State-owned forestry company Coillte is targeting the end of July as the completion date for the establishment of its planned wind energy joint-venture with the ...

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ESRI calls for tax hikes to prevent overheating

One of the country’s leading economic think-tanks has called for increased taxes and less spending to form the basis of next year’s budget.

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Petrel Resources confident of finding development partner for Irish offshore exploration licences

Irish exploration company Petrel Resources has expressed confidence in attracting a major oil and gas company to buy into part of its licence portfolio off the west ...

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Sun still shining on Irish economy, but Brexit storm clouds are gathering on horizon

The latest health check on the Irish economy has delivered a cautious thumbs up, despite sterling taking a fresh tumble amid heightening fears of a no-deal Brexit ...

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Spanish utility tipped to force down Irish electricity prices

The entry of Spanish utility Iberdrola to the Irish market is expected to put downward pressure on Irish electricity prices, which still rank above the European ...

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Providence Resources shares fall on Barryroe funding delay

Shares in Irish oil and gas exploration company Providence Resources fell 16% on news of a further delay to a $9m (€8m) funding advance for its flagship Barryroe ...

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Shares in Europe's airline groups plummet on back of profit warning from Lufthansa

Shares in Europe's leading airline groups - including Ryanair and Aer Lingus-owner IAG - plummeted on the back of a profit warning from German carrier Lufthansa.

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Uniphar IPO to finance group's next acquisition phase

Pharmacy and healthcare services group Uniphar will use the proceeds of its planned stock market flotation to pay for near-term acquisition targets and to reduce ...

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Tesco sees Irish sales continue to rise, but UK growth slows ahead of Brexit

Tesco grew sales in Ireland by nearly 3% in the last three months, but growth in its core UK market slowed.

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I-Res Reit eyes more Cork deals after first acquisition

The largest private landlord in the country Irish Residential Properties Reit - or I-Res - is understood to be eyeing more opportunities in Cork after agreeing its ...

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CRH shares sink despite more buys and uptick in US infrastructure approvals

Shares in CRH fell by more than 3% despite signs of a recovery in roadbuilding contracts in the US and the group strengthening its building products business there. ...

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Ryanair and IAG facing renewed threat of strike action in UK

Both Ryanair and IAG are facing fresh threats of strike action by their British-based pilots.

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Parties seek legal advice on legality of government's blocking of proposed offshore drilling ban

The Green Party and People Before Profit are seeking legal advice over measures the Government has taken to effectively block legislation targeting a ban on oil ...

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JD Wetherspoon eyes further Irish growth as it readies seventh pub opening

British pub group JD Wetherspoon will open its first city centre pub in Dublin next week.

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C&C doubles executive pay to €5m

Drinks group C&C effectively doubled — to almost €5m — combined pay to its executive management team last year, according to its annual report.

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'Too early' to know if Irish jobs to go as part of Aviva cuts

Aviva Ireland says it is too early to know whether or not it will be affected by the British insurance group's plans to cut 1,800 jobs in its global operations.

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Providence Resources shares tank on fresh Barryroe drilling delay

Providence Resources shares plummeted by more than 20% on the back of a further delay to planned drilling at the company's flagship Barryroe oil and gas field off ...

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Applegreen reviewing ownership options for UK hotels business

Motorway services station and fuel forecourt operator Applegreen is reviewing its UK hotels business and is assessing a number of options regarding the division's ...

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Recession fears rise as manufacturing shrinks

Fears of a fresh global recession have increased with latest data showing continued shrinkage in manufacturing levels around the world as trade war and Brexit concerns ...

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Hostelworld seeing continued soft demand

Online accommodation booking company Hostelworld has said it has seen continued “softness” in demand over recent months.

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Total Produce open to making more acquisitions

Irish fruit and vegetable distributor Total Produce has said it is open to making further acquisitions, despite being mainly focused on continuing to integrate its ...

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Irish exporters need to invest more ahead of Brexit, warns Enterprise Ireland

Irish exporters are not investing enough money to better protect their businesses in the run-up to Brexit, Enterprise Ireland has warned.

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Oil drilling ban supporters mulling legal challenge against State after Government blocks bill

The chief proponent of a ban on oil and gas drilling in Irish waters has threatened the possibility of a legal challenge against the State in order to resurrect ...

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Aer Lingus Regional operator hints at further airline consolidation

The operator of the Aer Lingus Regional route network has said it intends to play a leading part in further consolidation among Europe's smaller airlines despite ...

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People Before Profit claim offshore drilling ban plan has been blocked by Government

People Before Profit has claimed the Government has enacted a little-known parliamentary rule to scupper its bill aimed at banning oil and gas drilling in Irish ...

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Teeling exploration company 'hopeful' of resolution to Ghana land dispute

Irish exploration company Clontarf Energy has said it remains "hopeful" it can reach agreement on a long-running dispute over lost acreage in Ghana.

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CRH flat on further fall in US road building contracts

CRH shares were largely flat amid growing analyst concern over a potential persistent dip in the level of roadbuilding contracts being granted in the US.

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Banning offshore drilling would hamper rural Irish economic development, Canadians warn

A ban on drilling for oil and gas in Irish waters would seriously hamper the chance to economically develop large parts of rural Ireland, an international business ...

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Irish-backed UK pub group profits rise

Shares in the UK pub and restaurant group co-owned by Irish financiers JP McManus and John Magnier surged by almost 11% as it shrugged off Brexit-related pressures ...

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Wholesale woes put brakes on Britvic's Irish growth

Revenues at the Irish division of British soft drinks producer Britvic fell in the first half of its financial year.

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Corbyn nationalisation policies won't affect Irish energy firm plans

Any re-nationalisation of Britain's energy providers under a Jeremy Corbyn-led government is unlikely to have any impact on the Irish operations of leading UK player ...

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Greencore eyeing 'quite a bit' of UK acquisition activity

Greencore boss Patrick Coveney expects the sandwich-making group to undertake "quite a bit" of acquisition activity in the UK market over the next three to five ...

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Increase in shadow banking activities seen as potential threat to Irish economy

Ireland is one of the largest centres for so-called shadow banking activity in the world, which could threaten the country's economic stability and traditional banking ...

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Ryanair shares dive as profits hit 4-year low

Ryanair shares tumbled nearly 5% after the airline reported its weakest annual profit in four years and said its earnings may suffer for the next couple of years ...

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Kingspan chairman makes €44.5m from share sale

Kingspan founder and chairman Eugene Murtagh has made €44.5m from selling a tranche of his shares in the company.

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Shareholders back ICG board and pay levels

Shareholders in Irish Ferries-owner Irish Continental Group (ICG) have unanimously backed under-fire chairman John B. McGuckian and supported the group's executive ...

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External risks to Irish economic growth are increasing, economist warns

Upcoming national elections across Europe could ratchet up the external pressure on the Irish economy - already under threat from Brexit, potential global trade ...

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Seanad calls for dedicated minister to represent SME sector

The Seanad has, on the back of recommendations from various business groups, called on the Government to introduce a junior ministerial role to represent SMEs, as ...

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CRH rival Lafargeholcim eyes US deals following Europe success

CRH rival Lafargeholcim is eyeing 10 acquisitions this year on the back of stronger-than-expected first quarter earnings and increased customer demand in the European ...

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Paddy Power calls for tighter global gambling regulations

Paddy Power-Betfair has called for tighter global regulations for the gambling industry as online betting becomes more prevalent.

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Permanent TSB hints at further transactions to deal with bad loans

Permanent TSB (PTSB) chief executive Jeremy Masding has hinted that the bank may look at further sales of non-performing loans.

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Kenmare Resources not expecting to become takeover target

Kenmare Resources boss Michael Carvill is not anticipating the company becoming a fresh takeover target amid ongoing consolidation in the industry.

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Housebuilding group Abbey flags decline in operating profit

Irish housebuilding group Abbey has said operating profit for its latest financial year will be down on the previous 12 months and has given a mixed outlook for ...

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Musgrave considers standalone coffee shop chain

SuperValu owner Musgrave is eyeing the potential roll-out of a standalone coffee shop chain as part of its expansion plans.

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FBD rises despite Brexit fears and personal injury claim outlook

Shares in FBD rose strongly despite the insurer telling investors the impact of Brexit remains "a major source of uncertainty" for the company.

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Increase in builders' minimum pay rates heavily criticised by business groups and unions

The Small Firms Association has branded the decision to grant a near 3% increase in minimum pay rates for building and electrical contractors "disappointing" and ...

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Proposal to heavily cut Dublin Airport airline charges heavily criticised

The DAA has slammed proposed cuts to airport charges at Dublin as being "exactly what the Irish economy does not need" and has warned the move could scupper the ...

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Grafton Group sees no geographical constraints to future acquisitions

The chief executive of Irish-based builders' suppliers group Grafton has said management will not be restricted to the countries in which the business already operates ...

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Irish exploration company PetroNeft Resources looking to sell-up

The new chief executive of Irish exploration company PetroNeft Resources has said the company will likely be sold within the next two-to-three years.

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UK pub group JD Wetherspoon eyes Waterford as next spot on Irish expansion trail

The group operates four suburban Dublin pubs and one in Cork city.

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