Airbus seeks 737 Max chance

Airbus has called for a chance to compete for a blockbuster plane order by Aer Lingus and British Airways-owner IAG, which stunned industry executives at this week’s Paris Airshow by ordering 200 of Boeing’s grounded 737-Max planes.

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Sterling drops as Bank of England cuts UK growth tip to zero

The Bank of England has cut its growth forecast for Britain’s economy to zero for the second quarter of 2019 on and has highlighted risks from global trade tensions and growing fears of a no-deal Brexit.

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Pret a Manger buys rival Eat to expand vegetarian brand

The stores will mostly be converted into Veggie Prets.

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B&Q owner Kingfisher misses targets for sales growth

B&Q stores owner Kingfisher missed forecasts for sales growth in its latest quarter, held back by the weak performance of its French businesses.

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Amazon take on click and collect with clothing chain Next

James Davey Amazon has teamed up with clothing chain Next to offer a network of stores where the online retail giant’s UK customers can collect their parcels.

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More support needed to nurture entrepreneurs

The chief executive of aircraft leasing company Avolon, Domhnal Slattery has resourced and produced a key report on entrepreneurship in Ireland.

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Uber aims for €82bn IPO

Car-hailing company Uber Technologies is aiming for a valuation of up to $91.5bn (€82bn) in its initial public offering, potentially the largest US listing in years and a test of investor appetite for a high-growth but highly unprofitable business.

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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 on highly-anticipated project work in Kenya could be delayed.

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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 well above Wall Street estimates, sending its shares up almost 2%.

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Superdry shares fall 10% as retailer row intensifies

Shares in clothes firm Superdry slumped almost 10% after founder Julian Dunkerton narrowly forced his way back into the company, which sparked the exit of most of its board members, including top executives.

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Asda gains grocery share

Sainsbury has lost its status as the UK’s No. 2 supermarket group by market share to its takeover target Asda for the first time in four years, industry data showed.

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Companies donate over €30m and thousands of hours to good causes

CHARITABLE companies in Cork donated over €2.1 million to local causes last year, according to the 2018 Business Impact Map produced by Business in the Community Ireland.

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Johnson & Johnson Irish profits and revenues rise

Pre-tax profits at the Irish arm of the maker of such popular consumer health products as Calpol, Benylin, and Listerine increased by 3% to €5.3m in 2017.

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Sainsbury’s pledges price cuts to get Asda deal done

UK supermarket Sainsbury’s and its takeover target Asda have committed to deliver £1bn (€1.1bn) of lower prices annually by the third year after completion of their proposed €8.5bn deal.

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Mincon shares rise on 2018 earnings

Shares in Mincon, the Shannon-based supplier to the mining and oil industries, rose 3.5% after it hailed “excellent” 2018 earnings

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The past and future trouble with capitalism

Capitalism has one natural tendency: Stagnation. At a time of broken politics, the world has never needed a post-capitalist vision more, writes Yanis Varoufakis.

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Carphone Warehouse hit with £29m fine in UK

A British financial watchdog has imposed a fine of about £29m (€34m) on electrical goods retailer Dixons-Carphone for misselling its ‘Geek Squad’ phone insurance and technical support service.

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Zara-owner shares fall as profit growth slows

Inditex fell the most in 2019, after the Spanish owner of the Zara clothes chain reported the weakest earnings growth in five years. It’s not immune to the retail malaise that has burdened rival, Hennes & Mauritz (H&M), and many others.

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Waterstones Ireland profits increase 36% to €3.4m

The Hodges Figgis book store in Dublin is the second best performing across the 183 outlets owned by Waterstones, its managing director James Daunt has said.

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Global stock market surge ‘likely to be short-lived’

Global stock markets will at best only recoup losses in 2019 from the sell-off late in 2018, according to analysts polled by Reuters, who reckon the risk is skewed more toward a decline in mid-year.

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Oil and gas drill ban bill 'running out of time'

Despite being passed - as a private members' motion - to committee stage last year, the bill has ended up in procedural limbo with the environment committee repeatedly failing to vote on progressing it to the Dáil.

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Patek Philippe thought to be in line for €9bn sale

Patek Philippe, the closely held maker of $10,000+ Calatrava watches, may be coming up for sale, according to analysts at Berenberg who cited industry talk.

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Poundland accused of ‘pointless’ plastic waste with Gift Of Nothing

A Plastic Planet called the gift ‘a symbol of everything that is wrong with our view of the world’.

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Christmas spending splurge lifts grocery spend to over €10.8 billion for 2018

The five largest supermarkets tapped the lion’s share of the €10.85bn spent last year on groceries, an increase of 2.8% from 2017.

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West Ham figurehead speaks of overcoming misogyny in football at Pendulum Summit

The vice-chairman of West Ham United and star of The Apprentice on BBC, Karren Brady, has spoken of the misogyny she faced when she entered the male-dominated football world -- including being asked her physical measurements by the press.

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Ignore the warnings of IFAC at our peril

When it comes to our economy, things can turn with lightning speed, says Kyran Fitzgerald

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Carlos Ghosn fired as Nissan chairman following arrest over ‘misconduct’

Nissan Motor's board of directors has voted to dismiss Carlos Ghosn as its chairman after he was arrested on suspicion of falsifying financial reports and other misconduct, according to Japanese media reports.

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Six things that contestants do on The Apprentice you should never do at work in real life

Ahead of the fresh batch of brash contestants locking horns on the BBC show, Michael Boniface looks at how to avoid their mistakes in the workplace.

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Sainsbury’s CEO caught singing ‘we’re in the money’ while waiting for merger interview

The CEO of Sainsbury’s has apologised after he was caught on camera singing “we’re in the money” following the Asda merger announcement.

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