companies

Business movers: People starting new jobs in Ireland
Business movers: People starting new jobs in Ireland
New appointees with Ardanis, IPUT Real Estate, Youghal Credit Union, Zurich Insurance, Logicalis and BNY Mellon

Thu, 26 May, 2022

Manchester United v Atletico Madrid - UEFA Champions League - Round of Sixteen - Second Leg - Old Trafford
Man United shares upgraded at Deutsche Bank amid rival club deal reports
Deutsche Bank’s comments follow reports of several bidders chasing Chelsea after owner Roman Abramovich put the team up for sale following Russia’s invasion of Ukraine.

Thu, 26 May, 2022

Nestle SA Products Ahead Of Earnings
Nestle eyed biggest-ever deal in aborted move for GSK unit
The Swiss company floated the idea in recent months of acquiring GSK Plc’s consumer health arm

Thu, 26 May, 2022

Apple product launch
Apple to Keep iPhone production flat this year as market get tougher
Apple shares dropped about 1% Thursday morning in New York.

Thu, 26 May, 2022

AIB completes €91m share buyback programme
AIB completes €91m share buyback programme
The bank purchased over 2.2m shares, with the highest price paid for a share standing at €2.4780 and the lowest price was €2.4340.

Thu, 26 May, 2022

Irish-based e-commerce firm eDesk to create 150 new jobs
Irish-based e-commerce firm eDesk to create 150 new jobs
The new hires will allow the company to expand further into the United States and EMEA.

Thu, 26 May, 2022

Paradyn invests €500,000 in data backup service
Paradyn invests €500,000 in data backup service
Vault365 is a backup, ransomware and data protection solution for companies data. 

Thu, 26 May, 2022

Energy bills
Electric Ireland won’t cut off customers ‘as a result of departure of KBC and Ulster’
Electric Ireland has facilitated the transfer of 4,000 of its customers that had accounts with KBC or Ulster Bank to other banks, while around 80,000 accounts need to have action taken.

Wed, 25 May, 2022

Budweiser brewing giant 'off track' in meeting non-alcohol sales goals
Budweiser brewing giant 'off track' in meeting non-alcohol sales goals
Goal to have 20% of beer volume low- and non-alcoholic by 2025 has fallen short of target, brewer said

Wed, 25 May, 2022

Pfizer to close research plant
Pfizer slashes drug prices for poorest nations, expanding access
The initiative will start in five African countries with 23 drugs for cancer, rare illnesses, inflammatory conditions and infectious diseases.

Wed, 25 May, 2022

Marks & Spencer profits
M&S struggle to see profits rise after exit from Russia plus cost pressures
M&S’s international business ran into other difficulties last year as well with the retailer closing 11 of its franchise stores in France

Wed, 25 May, 2022

Enda Keane: 'We're tiptoeing in the direction of environmental catastrophe'
Enda Keane: 'We're tiptoeing in the direction of environmental catastrophe'
Climate change has put focus on forestry. Cáit Caden speaks to Enda Keane of Treemetrics

Wed, 25 May, 2022

Social media stock
Social media firms lose $181bn in value after Snapchat warning
Among notable decliners were Trade Desk, Magnite, LiveRamp, and Roku, Vizio

Tue, 24 May, 2022

Wisetek plans further US expansion
Wisetek plans further US expansion
Cork firm Wisetek continues its expansion into the US with plans to add to the 200 employees it has there.

Tue, 24 May, 2022

Waterford whiskey bottler amongst National Enterprise Awards finalists
Waterford whiskey bottler amongst National Enterprise Awards finalists
Eight firms from Munster in final, which takes place in the Mansion House in Dublin on June 2

Tue, 24 May, 2022

FILE PHOTO PayPal has announced that 307 jobs are to be lost between its Dublin and Dundalk locations in Ireland END
Paypal announces over 300 job losses
The multinational payments facilitator said that the proposal for job cuts came after "a review of its operational needs."

Tue, 24 May, 2022

Members of staff leave the Greencore sandwich factory, in Northampton
Greencore reports revenue gains as workers return to offices
The sandwich and convenience food maker saw revenues jump 33.6% for the first half of the year up to May 25, compared to the same period last year.

Tue, 24 May, 2022

Apple to significantly expand operations in Cork with new offices for up to 1,300 workers
Apple to significantly expand operations in Cork with new offices for up to 1,300 workers
The company has operated from Cork for more than 40 years and currently employs 6,000 people at offices in Hollyhill, Lavitt's Quay and Horgan's Quay

Tue, 24 May, 2022

Electrc car charging - London
Tesla loses bid to shunt sex harassment case into arbitration
Tesla must keep defending itself in open court against claims that female employees face “rampant sexual harassment” in its largest California factory, a judge ruled, spurning the company’s request for closed-door arbitration.

Tue, 24 May, 2022

KBC Bank Ireland
Bank of Ireland cleared to acquire €8.8bn in KBC loans
Marks a significant step towards the bank's exit from the Irish market

Tue, 24 May, 2022

Corre Energy seeking to raise up to €15m for green projects        
Corre Energy seeking to raise up to €15m for green projects        
Growth plan boosted by cut in dependence on Russian gas

Mon, 23 May, 2022

St Petersburg stock
Starbucks to exit Russia after nearly 15 years
Coffee chain joins McDonald's in marking the end of the presence of some of the top Western brands in the country

Mon, 23 May, 2022

Car Badges
BMW to meet targets 'despite war and shortages' 
The semiconductor shortage remains the carmaker’s most pressing issue, Milan Nedeljkovic said.

Mon, 23 May, 2022

Kingfisher financials
Kingfisher boosted by 'grow your own' plant sales
The group, which owns B&Q and Screwfix in Britain said both the do-it-yourself (DIY) and trade market were proving "resilient".

Mon, 23 May, 2022

Broadcom Headquarters Ahead Of Earnings Figures
Broadcom in talks to acquire cloud company VMware
VMware currently has a market valuation of about $40 billion.

Mon, 23 May, 2022

Merck to expand Cork operations adding 370 jobs
Merck to expand Cork operations adding 370 jobs
Taoiseach Micheál Martin said the expansion by Merck speaks volumes about Ireland's capacity to provide the right conditions for multinational organisations

Mon, 23 May, 2022

Cork's Granite Digital continues expansion with acquisition of Dublin web firm
Cork's Granite Digital continues expansion with acquisition of Dublin web firm
Acquisition, understood to be for a six-figure sum, will allow digital transformation firm to grow revenues by 25% this year to €9m

Mon, 23 May, 2022

Patient lying inside a medical scanner in hospital
The Irish facilities racing to meet the demand caused by acute product shortfalls in the US
Shortage of contrast dye has resulted in hospitals postponing CT scans and rationing care

Sun, 22 May, 2022

Quality key to success in food, says popular takeaway owner
Quality key to success in food, says popular takeaway owner
“Finding staff has been a big problem going back to the start of the pandemic, so I’m very fortunate to have the parents’ advice and experience to lean on," says popular takeaway manager

Sat, 21 May, 2022

Sisters taking property business to new heights
Sisters taking property business to new heights
“Dad has retired from the business, so we are running it ourselves now, but Dad is always on hand to help where his experience is needed"

Sat, 21 May, 2022

Eco-smart family business perks up for global markets
Eco-smart family business perks up for global markets
“Our Local Enterprise Office could not have been more supportive, with excellent mentors advising me how to take Monkey Cups to the next level” 

Sat, 21 May, 2022

Constant evolution in family business moving with the times
Constant evolution in family business moving with the times
“We are a relatively young family business in comparison to many, but we have coped with recessions, foot and mouth disease and flooding"

Fri, 20 May, 2022

Heineken staff to scrum down for inclusive rugby tournament
Heineken staff to scrum down for inclusive rugby tournament
Staff at brewery among volunteers set to help 1,000 mixed ability rugby players from 14 countries at the 2022 IMART in Cork

Fri, 20 May, 2022

Russia Ukraine War McDonalds
New owner of McDonald's outlets in Russia to drop name
The McDonald's restaurants in Russia will be sold to Alexander Govor, who runs the franchise operation through his firm GiD

Thu, 19 May, 2022

Business movers: People starting new jobs in Ireland
Business movers: People starting new jobs in Ireland
New appointees with TEKenable, MWi, The Samuel, Free Now, Cork International Hotel and HCS

Thu, 19 May, 2022

Portrait Ola Källenius, Daimler AG Portrait Ola Källenius, Daimler AG
Mercedes plans to cut some entry-level models        
Manufacturer's focus will be on higher-priced, higher-margin vehicles

Thu, 19 May, 2022

Bringing the family business forward to a new generation
Bringing the family business forward to a new generation
“Everyone is driven to serve our customers, always going the extra mile. Nobody sits still for long in the hotel business,” says Helen Wycherley of the Celtic Ross Hotel

Thu, 19 May, 2022

Eir telecommunications outlet
Eir sees revenue surpass €300m in first quarter results
Eir reported a 1% fall in its broadband base, down to 961,000 customers by the end of the quarter. 

Thu, 19 May, 2022

Aer Lingus owner IAG to order 50 Boeing 737 MAX jets
Aer Lingus owner IAG to order 50 Boeing 737 MAX jets
New planes will be used across the company's Aer Lingus, British Airways, Iberia and Vueling airlines

Thu, 19 May, 2022

Volkswagen 'to get EU approval for €2.9bn Europcar purchase'
Volkswagen 'to get EU approval for €2.9bn Europcar purchase'
Europcar would help Volkswagen to increase its presence in lucrative mobility services.

Wed, 18 May, 2022

Ulster Bank in Ireland
Ulster Bank comes under fire in Oireachtas meeting as they prepare to leave Irish market
Heated exchange at an Oireachtas Committee meeting with Sinn Féin's Pearse Doherty saying it was Ulster's agenda to 'get out of town as quickly as possible'

Wed, 18 May, 2022

Covid shutdowns see Center Parcs report €18m loss
Covid shutdowns see Center Parcs report €18m loss
Longford resort brought in €114,893 per day in revenues when open

Wed, 18 May, 2022

Cork firm Simply Blue to build offshore wind farms in Sweden
Cork firm Simply Blue to build offshore wind farms in Sweden
Both wind farms are to be constructed off the coast in Swedish waters.

Wed, 18 May, 2022

The Cork food company hitting more supermarket shelves
The Cork food company hitting more supermarket shelves
The Sibly Food Co, which started off in a college student's kitchen, will be selling its products nationwide from Thursday as part of the Grow with Aldi programme

Tue, 17 May, 2022

Twitter formally recommends €42bn bid even as Elon Musk appears to waver
Twitter formally recommends €42bn bid even as Elon Musk appears to waver
The billionaire is raising doubts about Twitter’s publicly disclosed data on spam and fake accounts

Tue, 17 May, 2022

Bulmers-owner C&C warns of further price increases in battle with rising costs  
Bulmers-owner C&C warns of further price increases in battle with rising costs  
Drinks manufacturer said 'input cost pressure, particularly at our manufacturing facilities, will likely necessitate further price increases'

Tue, 17 May, 2022

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