Tesco boss set to move to N Brown next month

Tesco boss Matt Davies will become chairman at retail firm N Brown after leaving the supermarket giant, it is understood.

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Cost of diesel has increased while petrol prices fall

Oil prices have dropped but the cost of diesel has increased by 0.4 cent while petrol has fallen by 0.1 cent.

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Study finds discontent among workers over salaries and work-life balance

More than half of Irish workers plan on switching jobs in the coming year.

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Fianna Fáil set to block bank sale of distressed mortgages

Fianna Fáil is poised to block moves by a number of banks to sell off tens of thousands of mortgages, according to the Sunday Business Post.

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Fraudsters 'preying on people's emotions to steal their cash'

Fraudsters are preying on people's emotions such as excitement, trust and desire, a bank is warning, as it identified common online scams affecting consumers.

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Wall Street stocks stretch winning streak to six days

Stocks on Wall Street have ended their strongest week in five years and have now recovered more than half the losses they suffered at the beginning of the month.

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Symantec’s Irish firm triples profit on IP flows

Pre-tax profits at the Irish arm of online security firm, Symantec, which also owns Norton, more than tripled to €57.48m last year, boosted by the transfers ...

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Renault sales focus on Nissan tie-up

French carmaker, Renault, posted record sales and profit for 2017, bolstering chief executive, Carlos Ghosn’s position, in the face of French government demands ...

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EU warns about ‘spiralling’ house prices

The European Commission has cautioned about “spiralling” house prices and has questioned the number of supposedly permanent restructured mortgage deals ...

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Air France takes on Ryanair

Air France-KLM said it will accelerate capacity increases, despite an uncertain economic climate, in order to defend its share of an air-travel market that’s ...

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Irish pensions still ‘vulnerable’ despite rebound

Stock markets aren’t out of the woods yet and Irish pension funds are still “vulnerable” to exposures to large indebted US corporations, a leading ...

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Danone gains on Nestle to feed babies in Irish boost

Danone is leading the race to feed China’s babies, gaining ground against Nestle and Reckitt Benckiser and offsetting a slump in its yoghurt business.

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Cork Airport to provide free books to child passengers with autism

Cork Airport plans to build on existing autism initiatives to assist children and their families travelling through its terminal.

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Icelandair to stop Belfast to Reykjavik flights from May

Icelandair is suspending its Belfast to Reykjavik flights from May for commercial reasons.

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Developer entitled to full hearing of fund's €16.8m judgment claim, court rules

A judge has ruled that Northern Ireland developer Patrick Kearney has raised an arguable defence to a fund's claim for about €16.9m summary judgment against ...

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Jackson Way wins €5.8m in case over Carrickmines lands

A company of businessman Jim Kennedy has won a High Court action over a €5.8m claim over land in south Dublin which his company owns.

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Ryanair extends its UK services from Shannon

Ryanair has added two new routes and increased frequency on an existing service between Shannon Airport and the UK.

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Europe-wide survey finds 52% of SME leaders fear for future of their firms without new IT

According to a new study, over half of respondents (52%) say that their business will fail within five years if they do not introduce new workplace technology.

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Mainstay Medical raises €30m to fund US push

Dublin-based medical devices company Mainstay Medical has raised an extra €30.1m in financing, via a share placing, to fund a continued push towards product ...

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Balfour Beatty secure deal to build transport system at LAX

Infrastructure group Balfour Beatty has clinched a $1.95bn contract through a joint venture that will design, build, finance, operate and maintain a 2.25-mile above-ground ...

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Cork tops location list for IDA grants

Cork-based foreign-owned multinationals received more IDA grants than those based anywhere else in the country last year, being awarded €20.8m.

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Norwegian committed to Ireland despite €94.5m loss

Norwegian has said its Irish expansion is just getting started and that it is in a much better position for growth this year, despite the airline posting a larger ...

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European Parliament favours Lane for ECB job

The economic committee of the European Parliament sees Irish central bank governor Philip Lane as a stronger candidate for the post of European Central Bank vice ...

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Data analytics ‘can combat’ fake news

The use of data analytics will be vital in stopping the spread of fake news and fraud, an expert in the field has said.

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Exports shrug off Brexit fears in record year

Irish exports to Britain grew by 8% last year, to €14.4bn, despite fears of a prolonged contraction due to a weaker sterling, which drove a 3% fall in 2016.

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Fáilte Ireland announce new programme to improve customer care

Fáilte Ireland has launched a new industry training programme which will train front-line staff across all sectors of a tourism business to maximise their ...

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Time to boost investment in UK museum collections, says historian

Sir David Cannadine highlights the spiralling price of works on the international art market.

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Tánaiste: Central Bank must protect homeowner rights if distressed mortgages sold to 'vulture funds'

The Tánaiste Simon Coveney says it is up to the Central Bank to make sure that, when loans are sold, the contractual rights of homeowners continue to apply.

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UK price hikes support Virgin Media revenues despite slump in new subscriptions

UK price rises at Virgin Media helped lift revenues in the fourth quarter, although the telecoms giant suffered a 73% drop in new subscriptions as it pared back ...

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Nestle reports drop in profits

Swiss food and beverage giant Nestle has said that it is ending its agreement with the well-heeled Bettencourt family of France over the L’Oreal cosmetics ...

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Rural pubs’ survival fears revealed in new report

Pubs in rural areas have to turn over at least €8,000 per week or they may not survive, according to a new report.

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Call to cut soccer viewing costs as Sky pays less

Ireland’s leading consumer advocate has called on Sky to cut the costs of premiership soccer subscriptions after it emerged it will pay 16% less per game in ...

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Political risk as PTSB eyes €4bn mortgage loans sale

Irish bank shares, and in particular those of Permanent TSB face political risks of tighter regulatory controls over sales of mortgage loans in long-term arrears ...

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Shares end higher after roller-coaster

European shares rose, lifted by strong results and German economic data, while US trading was dominated by volatility caused by the latest US inflation numbers.

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UK wages to rise 3% in 2018

UK workers are in line for their biggest pay rises since 2008 this year as a higher minimum wage kicks in, said the Bank of England.

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Most oil licences to proceed despite drill ‘ban’ threat

The vast majority of oil exploration options awarded by the Government, in its last licensing round two years ago, are set to be taken up and progressed despite ...

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246 NTMA and Nama staff paid over €100,000

The number of high fliers at the National Asset Management Agency (Nama) and the National Treasury Management Agency (NTMA) paid more than €100,000 has jumped ...

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H&M cedes ground to Zara

Sweden’s H&M cautioned that sales from its existing stores would continue to fall this year even as booming e-commerce should help lift earnings.

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Danone has €1.5bn to play with after Yakult sale

French foods group Danone is to sell a €1.5bn stake in Japanese company Yakult in its latest initiative to boost shareholder returns.

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Jeremy Corbyn may save on €140bn buy-out plan cost

The UK’s Jeremy Corbyn may have found a way to make good on his pledge to nationalise the British energy industry without spending almost €140bn buying ...

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Strategy needed to protect jobs and living standards from Brexit threat: ICTU

The government has been called on to safeguard Irish jobs after Brexit.

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Ofcom set for UK High Court battle over Sky-Fox ruling

British regulator Ofcom is facing a High Court battle over its ruling that Sky would remain "fit and proper" to hold a UK broadcasting licence if snapped up by Rupert ...

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Nigerian communities lose UK court fight over pollution claims against oil giant Shell

Oil giant Shell has defeated the latest legal bid by thousands of Nigerians to have their damages claims over pollution dealt with by the English courts.

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H&M warns over further drop in sales as it focuses online

High street fashion giant H&M has said it is braced for further sales falls across its stores in 2018, but hopes an online push and investment in new brands will ...

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Enterprise Ireland reveals most Irish start-ups are based outside Dublin

More than half of all Irish start-ups are based outside of Dublin.

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Dublin and Cork tap Brexit in rankings

Dublin has already outpaced Paris and is catching up fast with London as Brexit fears helped the city to attract a raft of foreign direct investment projects, while ...

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Irish firm appoints Gallagher to board

The founder of Irish firm Nutriband, which has listed some shares in the US as it seeks to develop a vitamin and pharma patch invention, has appointed former presidential ...

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Call for massive investment in Ringaskiddy port

Balanced development cannot be achieved and trying to achieve it would be counter-productive for national prosperity, an expert on regional economics has said.

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Analysis: Central Bank needs to probe all bank credit committees

A fine of €20,000 for Michael Walsh, the former non-executive chairman at Irish Nationwide during the boom years, and a three-year ban on his managing a financial ...

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Gucci overtakes rival Hermes in luxury sales sweep

Gucci surged past rival Hermes as shoppers snapped up more of designer Alessandro Michele’s crystal-and sequin-coated creations over the Christmas trading ...

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