Barclays profits rise 10% despite investment banking woes

Banking giant Barclays has posted a 10% rise in annual profits, but the haul was lower than expected as its investment bank saw earnings dive 22%.

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Ryanair expects Irish-based pilots to strike at Easter

Ryanair expects staff to strike during Easter week in Ireland or Portugal, chief executive Michael O‘Leary has said, as talks with some unions over formal recognition ...

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OECD urges reform of Irish utilities regulation

International economic thinktank the Organisation for Economic Co-operation and Development (OECD) has recommended “a comprehensive and necessary” reform package ...

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Irish firm pushes for Australian fracking approval

Shares in Irish-headquartered exploration company Falcon Oil and Gas jumped 17 % on the back of latest research showing the enhanced potential of its chief asset ...

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Link to tax and climate change

A major study of tax incentives show their unintended consequences in harming the environment.

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RaboDirect urged to delay €3bn closure plan

Consumer and financial experts say regulators should urge RaboDirect to consider extending its notice period beyond May because of the unprecedented effects its ...

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Glanbia shares slide 7.5% on outlook

Glanbia shares slid 7.5%, stripping around €300m from its market value, as investors showed disappointment at the company’s 2018 earnings outlook, despite it unveiling ...

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Brian Hayes: ECON recommendations on CCCTB would 'destroy Irish corporate tax revenue'

Recommendations for a Common Consolidated Corporate Tax Base (CCCTB) were voted on this afternoon by the European Parliament's Economic Affairs Committee.

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Minister Richard Bruton launches supercomputer naming competition

The Minister for Education & Skills Richard Bruton and ICHEC has launched a competition to name Ireland’s newest supercomputer which will be made available ...

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Email accounts can be a treasure trove for hackers, experts warn

People's email habits could be making their accounts a "treasure trove" for cyber criminals, experts are warning.

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34% of Irish adults likely to implement smart home technology in future - survey

iReach Insights conducted a nationally representative survey and 1,000 adults were asked about their opinion about smart technology.

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RaboDirect Ireland to close

RaboDirect Ireland, the online savings bank, is closing on May 16, 2018.

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Permanent TSB defends plan to sell tens of thousands of mortgages

Permanent TSB has issued a statement defending its plan to sell tens of thousands of mortgages.

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Lloyds cheers 'landmark year' after profits jump

Lloyds Banking Group has hailed a "landmark year" as it posted a 24% surge in profits and unveiled plans to invest more than £3 billion as part of a new three-year ...

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Economic Outlook looks good for Ireland, says Bank of Ireland

Ireland's economy is on course to grow more than initially thought this year.

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Kerry boss upbeat despite near 5% share slide

New Kerry Group boss Edmond Scanlon has shrugged off initial poor market reaction to the company’s latest growth figures, by calling the Kerry investment rationale ...

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US sale off table as C&C pulls distribution deal

Geoff Percival Drinks group C&C has prematurely pulled the plug on its US distribution deal with brewer Pabst, firmly putting paid to any near-term sale of the Irish ...

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Green Reit: Dublin rents back at peak

Dublin office rents are back at boom-time levels of 2007 but are “not going anywhere too quickly”, despite demand fuelled by Brexit and foreign direct ...

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David McRedmond back on board as Eir’s undergoes changes

David McRedmond, who was the commercial director at Eir almost 15 years ago when the telecoms firm was called Eircom, is to return to the company as its non-executive ...

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Bank's audit committee was independent watchdog, Drumm trial told

The jury in the trial of David Drumm has heard that Anglo Irish Bank's audit committee was an independent watchdog tasked with overseeing management's activities.

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21st Century Fox extends guarantee over Sky News

Rupert Murdoch's 21st Century Fox has extended its guarantee over Sky News as part of its bid to buy parent company Sky.

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Eurostar tickets to Amsterdam go on sale

Tickets for the new Eurostar service between London and Amsterdam go on sale on Tuesday.

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KFC stores still shut amid delivery problems

More than 500 KFC stores remain closed after a new delivery contract with DHL sparked chicken shortages across the UK.

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Latvian banking chief will not resign following bribery probe

The head of Latvia's central bank has said he will not resign following an investigation into suspected bribery.

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William Hill fined €7m for 'systemic failures'

William Hill is to pay a £6.2m (€7m) in penalties for "systemic social responsibility and money laundering failures", the UK's Gambling Commission has ...

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Nurofen-maker Reckitt seeks cure after ‘tough’ year

After a cyber attack and a botched product launch spoiled Reckitt Benckiser’s 2017, a pricing squeeze threatens to make this year almost as tough.

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Amazon could still score late in Premier League

The Premier League is waiting for a late delivery from Amazon.

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€400m broadband deal ‘by September’, says Simon Coveney

The contracts for the National Broadband Plan (NBP) will be signed by September and the Government will spend €400m to get 100% coverage nationally, Tánaiste ...

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Grafton shares rise on €93m decorating firm buy

Shares in building suppliers Grafton Group have risen over 1.25% after it said it had bought London specialist decorators’ merchant firm Leyland.

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‘No pyrite-linked’ unit part of approach for Lagan

The approach for Belfast-based Lagan Group — one of Ireland’s largest cement, building products, and contractors — said an approach by the UK stock-market ...

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Concerns at viability of national development €116bn plan

A prominent developer has voiced concerns over the “viability” of the €116bn national development plan, saying “checks and balances” ...

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Vulture-fund mortgage row will be a huge distraction

A political spat over consumer protection when mortgage loans are sold by the main Irish banks to vulture funds is in danger of distracting from the real scandal ...

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Bribery probe Latvian banker 'sought to extort money for years'

Executives at Latvian bank Norvik have claimed the nation's central bank chief sought to extort money from their firm for years.

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Average Irish worker will attend almost 6,500 meetings in their lifetime

Long suffering Irish employees will sit through a mind numbing 6,500 meetings in their working lifetime with over half of them being deemed as completely pointless, ...

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Government withdraws Philip Lane's nomination for ECB post

The Government has withdrawn its nomination of the Governor of the Central Bank, Philip Lane, for the role of Vice-President of the European Central Bank.

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KFC stores in Britain forced to close due to chicken shortages

KFC has been forced to close a raft of stores after a new delivery contract with DHL resulted in chicken shortages across the country.

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International Medtech company to create 75 jobs for Galway

There is good news for Galway on the jobs front - with 75 new posts announced this morning.

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Survey finds very few Irish SMEs preparing for life after Brexit

Irish businesses are looking to expand in France and Germany as Brexit looms.

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Game changer for Munster but skills gap looms

The National Planning Framework (NPF) could represent a game-changer for the southern region and for the wider Irish economy. If the plan is successful, cities like ...

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Growth gap widening with North

Some evidence of a gap opening in the growth prospects between the economies in the Republic and the North has emerged, according to the body that promotes trade ...

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Investors in Carillion were'fleeing for the hills'

Investors in Carillion were "fleeing for the hills" after spotting that the construction giant was heading for disaster, it has been revealed.

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It’s a myth large firms favoured in public contracts

Our State spends approximately €12.5bn every year on goods, works, and services. This represents a significant opportunity for our businesses to sell to public ...

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Breaking News

High aims to study pot for drugs

Start-up Greenlight has attracted government funds to study cannabis oil, writes Trish Dromey

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The Monday Interview: The events planner plans for growth

Whether it was as the Kerry Rose at the 2002 Rose of Tralee, or assistant to television star planner Peter Kelly of Weddings By Franc, Olivia Buckley was soaking ...

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Beware the costs of Leo’s big projects

Studies show public projects end up costing much more than first estimated; this serves as a warning as Taoiseach Leo Varadkar embarks on the national plan, writes ...

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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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