Boeing says it will cost $1bn to fix 737 Max plane

Boeing estimates that it will spend $1bn to fix the 737 Max and has pulled its forecast of 2019 earnings because of uncertainty surrounding the jetliner, which remains ...

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AIB loan sale sparks farmers’ protest

New AIB chief executive Colin Hunt has signalled the lender cannot rule out further sales of soured loans following a farmers’ protest at its annual meeting.

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Glanbia shares fall 6% despite profit goal

Shares in Glanbia tumbled by 6% even as the international food firm reiterated it is on track

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Oil firm joins climate target

Equinor is the latest large oil company to bow to a major investor group that is pushing corporations to take more robust action on climate change.

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Huawei to avoid 5G ban in UK

The UK is set to toughen the rules under which Huawei Technologies operates in the country while stopping short of an outright ban on the Chinese telecom equipment ...

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BMW to buy cobalt to offset child mining fears

BMW will buy cobalt directly from mines in Australia and Morocco to ensure the metal purchased for its electric vehicles is sourced ‘responsibly’, according ...

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Airbnb to develop travel shows to take on rival sites

Airbnb, the high-flying start-up for booking home rentals around the world, has ambitions to develop a slate of original shows to whet customers’ appetite ...

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Steep drop in 737 Max deliveries hits Boeing profit

Boeing earnings missed analysts’ estimates for just the second time in five years as executives grapple with one of the worst crises in the aircraft-maker’s ...

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Facebook reports revenue growth but prepares for regulator fine

The company revealed it has set aside three billion dollars for a potential US regulator fine.

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CRH to seek approval for fresh €350m share buyback programme

CRH has confirmed its intention to continue its share buyback programme and return up to a further €350m to investors by August.

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Indeed creates 600 new Dublin jobs

Job search website Indeed has said it will create 600 new jobs in Dublin to cater for "rapid growth" across Europe, the Middle East and Asia.

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Primark to move design and buying functions from UK to Dublin

Discount clothing retailer Primark is to move all of its buying, sourcing and merchandising staff and functions to its Dublin headquarters.

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Cork cocktail bar to host London's renowned 'American Bar' at the Savoy

Ireland's most awarded cocktail bar, Cask, in Cork's Victorian Quarter is hosting a one-night only takeover by London's American Bar at the Savoy next week.

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Indeed announces 600 new jobs for Dublin

Recruitment company Indeed has announced it will be creating 600 new jobs for Dublin over the next five years.

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P&G hit as costs climb

Procter & Gamble (P&G) reported a decline in its third-quarter operating margin and said a strong dollar hurt sales of its grooming products, sending shares of the ...

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Coke fizzes with new offerings

Strong demand for Coca-Cola’s low-sugar Coke Zero, new orange-vanilla cola, and flavoured waters pushed the beverage maker’s quarterly sales and profit ...

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Thomas Cook shares climb 17% on takeover talk

Shares and bonds in Thomas Cook have rallied since a media report said the British travel company was approached by several parties about a possible takeover of ...

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Sri Lanka attacks likely to deter Irish tourists

Sri Lanka’s burgeoning reputation for Irish honeymooners and well-off holidaymakers will take a hit that will be difficult to recover from in the short term ...

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Affordability weighs on goal of 22,000 new homes

Reaching an interim target of 22,000 new homes this year may be missed because of the pressures of affordability and the fact that too few apartments are under construction, ...

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Rise in users boosts Twitter

Twitter posted better-than-expected quarterly revenue and a surprise increase in monthly users, sending shares up almost 16% to a nine-month high as its campaign ...

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JOE GILL - Dividends provide the key data of interest for any investor

The 2018 financial reporting season has now passed and most companies on the Irish Stock Exchange have delivered results that were largely in line with expectations. ...

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Malin-backed US drug firm tipped for €1bn sale

US drug development firm Poseida Therapeutics - of which State-backed investor Malin owns approximately 25% - has been tipped by analysts to fetch €1bn by way ...

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Government says decision on Waterford Airport's future will be made in July

The Government has said a decision on Waterford Airport's future will be made in July but warned securing a commercial carrier for the facility is vital.

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Dublin-based solicitor has 'no intention' of moving practice to facilitate €10m hotel revamp

A Dublin city centre-based personal injury solicitor has stated that he has no intention of moving his practice to facilitate the planned €10m revamp of the ...

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Datalex closes in on new CFO as shares fall further

Troubled travel software company Datalex is closing in on landing a new chief financial officer and is expected to announce the appointment early next month.

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Twitter reports increase in revenue but fall in monthly users

The firm’s latest financial results showed mixed fortunes for the social media platform.

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Glounthaune shop secures planning permission for €2m redevelopment

A Glounthaune shop has secured planning permission for an extensive €2m redevelopment.

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US clothes rental company to create 150 engineering and tech jobs in Galway

A $1bn US clothes rental company is to open its first international technology office in Galway.

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Shoppers filmed in aisles by researchers analysing buying behaviour – report

The UK Information Commissioner’s Office said it was examining the findings.

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Cyber crime attacks and losses surge in 2018

A spike in cyber crime included a number of high profile victims including British Airways and Dixons Carphone.

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Switching mortgage can save you thousands

Less than 1% of customers switched their mortgage last year, according to the Central Bank. That’s shocking.

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Alternatives to loan sales must be priority

Paul Joyce In recent weeks there has been much discussion surrounding the ‘No Consent, No Sale’ bill proposed by Sinn Féin’s Pearse Doherty. ...

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Irish economy enjoying strong start to the year

The Irish economy has been confronted with a slowdown in global growth this year, most notably in its main export markets in Europe, as well as the deepening uncertainty ...

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Tourism looks to take a swing at the Tiger Woods bounce

In the days following Tiger Woods’s remarkable comeback win at The Masters, the worldwide golf industry welcomed the victory with the hope it will push the ...

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Samsung delays launch of folding phone after breaking issues

The company had been planning to release the Galaxy Fold on Friday.

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No more sanctions waivers for importing Iranian oil, says US

The Trump administration has ramped up the pressure on Iran.

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Time to decide on third-level funding

Failure to fund higher education stores up problems for the future It is close to three years since the publication of the report of the expert group on funding ...

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Fresh thinking for an all-Ireland economy

An Ireland worth working for is not only the title of a new book, but part of the question we ought to be debating right now. What sort of Ireland do we want and ...

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Helping both the customer and restaurant to split the bill

Most diners have experienced an awkward moment when it comes to paying the bill at the end of the night.

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Notre Dame and the economics of investing in heritage

The Notre Dame fire has strengthened the argument in both economic and environmental terms of investing and looking after heritage buildings both here and abroad, ...

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The Monday Interview - Adrian Wall of ReganWall Solicitors: Legal advice for a growing business

As more and more investments flowed and businesses became more complex, it was time to set up a niche boutique corporate law firm, managing partner Adrian Wall tells ...

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Online drive to help boost Bean and Goose chocolate sales

Luxury chocolate firm Bean and Goose has raised €200,000 to help drive online sales, writes Trish Dromey.

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Game of Thrones helps make tourism king in the North

When a giant stained glass window was unveiled last week opposite Belfast City Hall, the installation marked the start of a new campaign to showcase the North as ...

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Tech startups make music and events a smooth operation

Two Irish companies are disrupting the events space with innovative technology.

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Wide range of demands leave employers warier than ever

Life is not easy for employers, with Brexit preparations, adverse currency movements, hikes in input costs, and an ever-increasing range of demands in the field ...

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Options required for carbon tax to work

In the past few weeks we have seen both the threat, and then the deferral, of two taxes. Though very different in appearance, were either primarily designed to raise ...

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Agrifood lobby may derail EU-US trade talks

The European Commission was given the green light last week to begin talks with the US on agreements to enable tariffs on industrial goods to be slashed by €26bn. ...

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Avis, Europcar, Enterprise, Hertz and Sixt all commit to greater price transparency for EU consumers

John Hearne reports on a welcome move by big car rental firms to ensure greater price transparency for European consumers

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Stepping up to champion tech opportunities with IT@Cork

As the incoming Chair at it@cork, Anthony O’Callaghan is well qualified for the challenge, having spent four years as vice chairman alongside his predecessor, ...

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Business Movers: Yvonne Farrar, Gretchen Kelleher and Liam Kelly

The latest moves in the world of business.

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