Trade traffic through Port of Cork and Bantry Bay Port Company up in 2017

Combined total traffic through the Port of Cork and Bantry Bay Port Company reached 10.3 million tonnes in 2017.

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Credit unions need to adapt or face closure

The country’s credit unions are facing a wave of closures unless they change their business model.

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A look at some of the Cork Company of the Year Awards nominees

In the third part of a four-part series looking at finalists for the Cork Company of the Year Awards 2018, Pádraig Hoare casts an eye over those competing ...

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Cost benefit analysis on public private partnerships overdue

The collapse of Britain’s second largest contractor, a group with annual turnover in excess of £5bn, is a huge embarrassment to the British government.

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Big drive by Irish firm to shake up parking in Europe

With technology and a new approach to making better use of unused spaces, Dublin start up Parkpnp is aiming to shake up the parking industry in Europe.

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CIT and Cork Convention Bureau lauded as best businesses at annual CBA awards

Cork Institute of Technology (CIT) and Cork Convention Bureau were the big winners at the Cork Business Association’s (CBA) Cork Business of the Year Awards, ...

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Digital business concepts catching on for startups

As every business owner knows, time is a valuable commodity, and it can be difficult to squeeze in additional activities, like networking or training alongside the ...

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Bordering on a crisis in global crime

If you’ve been watching BBC drama, McMafia, you know how hard it is for law enforcement to track and convict members of well-funded, cross-border organised-crime ...

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The pros and cons of my personal cryptocurrency experience

For years, I worked in investment banking in London, before working as a financial and wealth advisor in banks in Ireland.

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Annual four day ’Showcase’ expo is underway in RDS

The annual ’SHOWCASE’ expo gets underway at the RDS in Dublin today - with around €20m expected in sales orders over the next four days.

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Leading theoretical physicists to flock to Dublin tomorrow

More than 60 leading theoretical physicists from across the globe will gather in Dublin tomorrow for a week-long special conference hosted by the Dublin Institute ...

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Pressure on May builds as CBI warn remaining in customs union is best option for UK business.

Theresa May is being warned by the head of the CBI that time is running out to make progress on Brexit and remaining in a customs union with Brussels is the best ...

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Dixons Carphone boss quits to join Boots

The chief executive of Dixons Carphone has quit to work for Boots.

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Irish shares exposed to UK retail sales drop

A long list of majorIrish-controlled firms with stock market listings in Dublin and London are vulnerabletoa further slide in consumer spending in theUK, writesEamon ...

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Irish explorer confirms big Italian gas find

United Oil andGasshares have jumped more than 5% on the back of theIrishcompanyconfirminga commercialgasdiscovery from its maiden drilling round, writesGeoff Percival. ...

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INM chairman Buckley to step down from board

Independent News and Media (INM)chairmanLeslieBuckleyand a non-executive director willstepdownfromitsboard, as a major overhaul at the top of the media firm continues, ...

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Independent News and Media chairman to step down in March

Chairman of Independent News & Media Leslie Buckley will step down from his position on March 1.

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Higher number of American tourists expected to visit Ireland in 2018

More airline seats, a strong dollar and the whole holiday experience are expected to grow the number of American tourists here in 2018.

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HSBC pays $101m to US authorities in currency rigging probe settlement

Banking giant HSBC will pay $101.5m to US authorities to settle a criminal investigation into currency rigging.

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Why a €45bn EU divorce bill is still a bargain for UK

UK prime minister Theresa May has provisionally agreed to pay about £40bn (€45bn) as part of the country’s exit from the EU, writes FergalO'Brien.

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More bank closures loom, says outgoing union chief

Larry Broderick, who is retiring after 30 years at the Financial Services Union, said his successor will face the challenges of more branch closures and a continuing ...

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Penneys untroubled by Dealz threat

Discount clothing retailer Primark has said it remains pleased with its performance in Ireland where it trades as Penneys but has declined to comment on plans by ...

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ISIF broadens scope with €140m solar investment

The Ireland Strategic Investment Fund (ISIF) has made its first move into the solar energy market as part of a €140m co-investment in Dublin-based energy developer ...

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Apple still has to repay €13bn

Apple’s announcement that it will pay $38bn (€31bn) in US tax on its overseas cash will not reduce the $16bn tax bill the company owes the Government ...

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‘Appalling’ bank culture as embedded as ever

The Central Bank needs to “have a big mirror to look into” surrounding its own role in the tracker mortgage scandal, as it compiles a report on the culture ...

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Boeing slump puts brakes on Wall Street after record run

Losses among Boeing, General Electric and other big industrial companies weighed on US stocks on Thursday, pulling the market below the record highs it set the day ...

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High Court reserves judgement on Facebook data-privacy case

A High Court judge will rule later on exactly what questions and information she should put before the Court of Justice of the EU.

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Wales work secured as Airbus clinch £11.5bn deal to sell A380s to Emirates

Work at Airbus’ Broughton site in North Wales has been secured after the manufacturer clinched a deal to sell up to 36 superjumbo planes to Emirates Airline.

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Battersea Power Station gets new Malaysian owners

A slice of London’s landmark Battersea Power Station has been sold to Malaysian investor Permodalan Nasional Berhad (PNB) in a £1.6bn (€1.8bn) deal. ...

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Ryanair UK pilots vote to accept pay increases of up to 20% in January

Ryanairconfirm that all 15 of its UK pilot bases – including London Stansted which had previously rejected an improved pay deal – have now voted in secret ...

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WTO status for Irish goods ‘feasible’ for Brexit

The issues of trading unprocessed milk and other key products that trade exclusively between the two parts of Ireland under Brexit could be solved by seeking special ...

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Ireland sees record-breaking year for air traffic

A record breaking 1,135,845 flights were handled in Ireland last year.

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Man Utd scores against Spain’s giants

Manchester United enjoyed the biggest revenue of any European football club in the last financial year after a 32% increase propelled them above Real Madrid and ...

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Green Isle’s pizza arm sold for €246m

The frozen pizza arm of Green Isle Foods has been bought for £200m (€246m) in a cash deal by the European owner of the popular Birds Eye brand.

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Britain is still out of favour

Global investors last month continued to pump money into stocks at the expense of bond markets, while the UK remains out of favour because of Brexit, according to ...

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European airline shares recover from Brexit slump

Global airline shares rose almost a third in 2017, while European airline shares recovered from the Brexit-hit 2016, an airline industry group has highlighted.

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Heathrow cost thrusts Dublin Airport plan in spotlight

London’s Heathrow Airport has put forward proposals for a sloping runway and said the landing strip could be shortened as it seeks to cut £2.5bn (€2.8bn) ...

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VW sales up 4.3% in race for worldwide top spot

Volkswagen reported a 4.3% rise in 2017 sales to 10.7m vehicles, staying ahead of Toyota in the race to keep the title of world’s biggest carmaker although ...

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Collapse of building firm highlights risk of buying ‘very British’ shares

Viewed from the office of a Parisian asset manager — the collapse of

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Website allows anyone rent out idle machines quickly and safely

Want to hire a Krone Swadro 740 Twin grass rake for €350 a day, or a Steyr Terrus 6270 CVT tractor for €269?

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Apple to hire 20,000 workers in $350bn boost to US economy

Apple plans to build another corporate campus and hire 20,000 workers in the next five years as part of a $350bn(€286bn) commitment to the US economy.

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GKN rejects offer from Melrose in what marks Britain’s largest hostile bid

Embattled engineer GKN has rejected a £7.4 billion takeover offer from Melrose Industries in what marks Britain’s largest hostile bid since 2009.

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Birds Eye owner Nomad Foods scoops €225m deal to buy Goodfella’s Pizza

The owner of Birds Eye has cooked up a €225m deal to buy frozen food brand Goodfella’s Pizza from the parent company behind Fox’s Biscuits and Bernard ...

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Food retailer Iceland aims to be plastic-free across own label range by 2023

Food retailer Iceland has today announced its commitment to the environment by becoming the first major retailer to eliminate plastic packaging from all own brand ...

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Lender slumps on huge loss

Money lending company Provident Financial expects to report a loss of about £120m (€135m) in its consumer credit division for 2017 as it struggles to ...

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Dealz plans to open 10 more stores, sell fashion lines

The chief of discounter Poundland-Dealz said it is pressing ahead to open around 10 more stores and put a new fashion line into half of its outlets in the Republic ...

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BP spill disaster costs hit $65bn

BP shares fell the most among European energy companies yesterday after announcing a charge of about $1.7bn (€1.38bn) as part of the Deepwater Horizon disaster’s ...

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Bitcoin’s plunge weighs on crypto-currency shares

Companies that have seen their fortunes and share prices soar with the crypto-craze are now facing a little bit of a reality check.

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More jobs and pay hikes expected in 2018

More Irish workers will be in full-time jobs by the end of the year, according to new research.

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Nestle sells US sweets arm for $2.8bn

Nestle has agreed to sell its US confectionery unit to Ferrero, the Italian maker of Nutella, for $2.8bn (€2.3bn) in the Swiss food giant’s first major ...

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