Business report: The morning business briefing

Here’s a run down of today’s business headlines.

NEWS

Irish Firm in €55m loan writeoff

A firm that is part of Galway businessman Gerry Barrett’s Edwards Holdings group recorded profits of €49.29m in 2013.

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Taylor boxing clever with profits heading for €1m

Profits at the firm owned by the golden girl of Irish sport, Katie Taylor, are heading towards the €1m mark.

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Ryanair to start flights from Spanish ‘ghost’ airport

Ryanair said yesterday it would start flights between Castellon airport in Spain and Britain in September, in the first regular commercial flights to operate from the “ghost” airport since it opened in 2011.

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Financial services ‘has potential to create 10,000 jobs’

The financial services sector has the potential to create up to 10,000 jobs over the next five years, according to a major strategy document released by the Government.

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Building output rises by 3.6% in Q4

Construction activity continued to pick up in the final quarter of last year with residential building projects leading the way, latest CSO estimates show.

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MORE BUSINESS NEWS

BUSINESS ANALYSIS

No silver bullet for Cork Airport

Over the past several months reports and articles on Irish aviation have substantially focused on only one issue, but Cork airport has other problems, writes Paul Mills.

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TECHNOLOGY

A teenager's digital detox week

Trying to separate a teenager from their phone or tablet is near impossible. We asked four

teenagers to try a week without the internet.

Only Roisin Sherwood would consider it.

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