Peugeot hit by Iran exit

Peugeot maker PSA Group reported a 1.1% decline in first-quarter revenue, as a sales decline outside Europe and currency challenges outweighed pricing improvements. ...

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Cork on the Rise: Irish Examiner event explores where city is heading and where we want it to be

The Irish Examiner is this morning hosting an event which is debating and exploring the city’s transformation and future both from a national and international ...

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RBS boss to step down

Royal Bank of Scotland, which owns Ulster Bank, is searching for a new chief executive. Ross McEwan has resigned, signalling a fresh start for the bank as it heads ...

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Fallout for Sainsbury’s as €8.4bn Asda deal is blocked

Britain’s competition regulator has blocked Sainsbury’s proposed £7.3bn (€8.4bn) takeover of Walmart-owned Asda — a huge blow to the ...

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Microsoft at $1trn pulls ahead of Apple

Microsoft’s market value vaulted above the $1tn (€893bn) mark for the first time in regular trade yesterday, pulling ahead of Apple and making it the ...

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IDA puts out tender for removal firm for HQ move

The IDA is planning to move 2,290 pieces of delph, cutlery and other kitchen items in its move to its new headquarters in Dublin later this year.

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Tullow falls on Kenya delay

Shares in Tullow Oil fell by over 2% after the Irish-founded exploration company slightly downgraded its production expectations for this year and said progress ...

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CRH to decide on sale of European distribution business 'in 2-3 months'

Building materials group CRH will decide, within the next three months, whether or not to sell its European distribution division.

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Tourist numbers boosted by North American visits

An extra 37,500 visitors from North America helped bolster a 5.5% increase in tourism in the first three months, while British visitors bucked the recent trend by ...

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JIM POWER: Plan now, or suffer later: Why mandatory pensions are essential

Demographic developments pose one of the most immense challenges facing the Irish economy and policymakers.

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There will be jobs, says the OECD, but automation threatens the nature of work

The OECD has urged governments across the world to bolster social protections as workers face another surge of unprecedented automation in the coming years.

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Norwegian Air flights from Ireland to US unlikely to return for summer schedule, claims MEP

Norwegian Air flights from Cork and Shannon to the US east coast are now unlikely to return for the entire summer schedule, an MEP has claimed, as the firm admitted ...

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Ex-Nissan boss Carlos Ghosn leaves Tokyo detention centre after paying bail

Prosecutors had fought to keep him in custody amid investigations of his financial dealings.

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Job of the Week: Fáilte Ireland

Fáilte Ireland, the state body responsible for promoting and supporting the development of tourism, wants to recruit a highly motivated and publicity-focused ...

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Barclays warns over cost-cutting as profits drop 10%

The lender reported underlying pre-tax profits of £1.5 billion for the first three months of 2019, down from £1.7 billion a year ago.

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Switching to digital banking gets easier thanks to N26 and Revolut

John Hearne reviews the merits of digital banking services which do not charge fees, but which also do not offer loans, overdrafts or credit cards

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Business world pays tributes to 'giant of the retail world' Feargal Quinn

The business world is paying tributes to Superquinn founder Feargal Quinn, who has died aged 82.

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UCC acquire €17.25m Cork city property for new business school

University College Cork (UCC) has today signed contracts for the acquisition of Dairygold’s property in South Terrace for €17.25 million.

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Boost in number of overseas visitors to Ireland

Last month, the number of trips to Ireland by overseas visitors rose 3% to 784,700.

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Norwegian reveals €52m cost of grounding Boeing 737 Max fleet

The airline is rebooking passengers on to other flights and renting alternative planes.

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Carbery remains acquisitive as part of its post-Brexit strategy, buoyed by strong 2018 accounts

Joe Dermody talks to directors of Carbery Group, which has just published its accounts for 2018.

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RBS boss Ross McEwan resigns

The lender’s chief executive will remain in post until a successor is appointed

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Competition watchdog blocks Sainsbury’s-Asda merger

The tie-up would have created a supermarket titan.

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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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