Wrike happy it chose thriving Irish hub

When Wrike was looking at prospective locations in the EU, Dublin found itself competing with Amsterdam, London and Berlin.

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Reports show that everyone wins in two-way US-Irish relationship

Ireland is now the ninth-largest source of FDI into the US at $146.2bn (€130bn), says the US Bureau of Economic Analysis.

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CUBS conference: Graduates urged to be respectful online

Graduates have been urged to be mindful of their social media profiles as they enter the workforce.

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Online giants threat to retail banking model, CUBS conference hears

Amazon, Facebook and Google are the biggest threat to retail banks in the future as the online giants move to financial services, the chairman of Bank of Ireland has said.

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Kenmare Resources sets date for maiden dividend

Irish mining firm Kenmare Resources has confirmed it will pay a first-ever dividend to shareholders in October, after posting a significant rise in revenues and profits for 2018.

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Profits climb 28% at Ashling Hotel

Pre-tax profits at the hotel group which operates the Ashling Hotel near Heuston Station in Dublin climbed 28% to over €6m in 2017.

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Debenhams eyes options as shares take a tumble

Debenhams issued another profit warning as it thrashes out a restructuring deal with landlords, local authorities, and creditors which will lead to it closing at least 50 stores.

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Ladbrokes eyes back office switch to Ireland

The owner of British betting shop chain Ladbrokes may move some of its computer servers, which facilitate its various online bingo, betting, and gaming services, to Ireland as a contingency measure in case of Britain crashing out of the EU with no transition deal in place.

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Ted Baker's controversial CEO quits

Shares in clothing retailer Ted Baker surged following the resignation of controversial founder and chief executive Ray Kelvin.

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Bringing the best leaders together

UCC student Barry O’Sullivan may only be 20, but he has no shortage of ambition, bringing together some of the top business leaders in the country for the inaugural Executive Summit next month.

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Best Western planning 10 Irish hotels over five years

International hotel firm Best Western said it is planning to operate 10 hotels across the Republic and the North in the next five years.

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Mount Juliet housing development plan shot down

The owners of Mount Juliet have run into difficulties with planning authorities over plans to build housing on its par 3 golf course.

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Housing costs weigh on hiring plans

The high cost of housing is discouraging senior business managers relocating to Ireland even as a skills gap reaches a new high, according to senior recruiters surveyed by PwC.

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Voxgig ready for the main event

The Waterford start-up has developed software specifically to help exhibitors, writes Trish Dromey.

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Shares boost for property firm Ires Reit as rents rise

Ires gained 1.5% as it unveiled “a strong pipeline” of new properties in its 2018 earnings report. It plans to pay an additional dividend of 3c, which means its total payout for 2018 will be 5.6c.

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Here are this week's six business movers

Frits Potgieter has been appointed as general manager of the 5-star Muckross Park Hotel & Spa in Killarney, part of the iNua Collection.

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Big demand for corporate finance as developments surge in Cork

Growing demand for corporate finance for residential, hotel and office developments in Cork and Munster is a sign of continuing good times ahead.

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Record year for Dublin's office market in 2018

Nearly 350,000 square metres of office space was taken up in Dublin last year.

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From his living room to the boardroom: UCC student persuades top CEOs to attend leadership summit

Chief executives from some of the country’s best-known firms have been lined up by an enterprising 20-year-old UCC student to appear at a business leaders forum in April.

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Providence sizing up west coast drilling campaigns

Providence Resources is hoping to start drilling at its highly-rated Avalon prospect, off the west coast, in 2021.

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IHF Cork sees risk of too many hotel rooms

The 1,500 new hotel rooms planned for Cork could be too much for the market to bear, the Irish Hotels Federation (IHF) has said.

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Asking what the public thinks: CiviQ offers tech-based assistance

CiviQ offers tech-based assistance to groups engaged in public consultation processes, writes Trish Dromey

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The Monday Interview: The delicate art of making it happen

Ireland’s largest annual conference for project managers takes place in Cork this month. Pádraig Hoare speaks with the project manager who will oversee the event, Clodagh Geary

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Grant Thornton Cork: Offering a centre of excellence to an expanding client base

Since opening its offices on Cork’s main commercial thoroughfare, the South Mall, five years ago, the level of business activity at Grant Thornton has mirrored the same upward graph of the city itself.

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Zeus acquires Essential Solutions and opens new Dublin premises

The Irish-owned packaging company Zeus officially opened its €15m Dublin premises and announced acquisition of Irish hygiene supply company Essential Solutions.

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BAI announces €616,000 funding in development programmes

The Broadcasting Authority of Ireland has announced details of its 2019 funding allocation under its Sectoral Learning & Development and Sponsorship funding initiative.

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Family bond underpins unique US-Irish business relationship

A strong capital city, regional growth and maintaining the Irish-American business relationship is key to ensure long-term growth in the Irish economy.

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Engineering plans to attract the best talent

The engineering profession must adopt IT and pharma’s self-promotion to attract the best talent, Cork branch chair of Engineers Ireland Pádraig Leahy tells Pádraig Hoare.

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Pharmaceuticals mask true health of Irish exports

Anyone taking a cursory glance at current pharmaceutical industry revenues and forecasts could be forgiven for thinking that all is well, writes John Whelan.

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Activist investor likely to increase stake in Ireland's largest multinational

Europe's largest activist investor is likely to keep building a stake in CRH with the aim of taking a seat on the building materials group's board.

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Castlemartyr Hotel posts loss as revenues rise 7%

The directors of the five-star Castlemartyr Hotel believe it will become profitable in the coming years after posting a loss of over €564,700 last year.

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Ocado stays silent on M&S

UK online supermarket Ocado said investment in its partnership deals would hit short-term profits, while remaining tight-lipped about media reports of tie-up talks with Marks & Spencer.

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Acquisition costs eat into Valeo Foods profits

Exceptional costs of €12.24m ate into profits at consumer foods group Valeo Foods last year.

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Threat to 700 Limerick jobs lifted

Around 700 jobs at Aughinish Alumina in Limerick now appear to be fully secure after the US Treasury accepted concessions made by its owner to end sanctions imposed on it.

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Dixons’ Irish sales grow

Electrical goods retail group Dixons-Carphone has reported strong sales growth in its Irish operations for the Christmas trading period.

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Confidence growing over oil drill ban progress

People Before Profit is confident its bill aimed at banning future drilling for oil and gas in Irish waters can still succeed - albeit with certain amendments attached - despite it being cast into political limbo last month.

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Mistry family top Rich List again with net worth of €16.1bn

The Mistry family top the Sunday Independent Rich List once again this year.

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Central Bank vows Irish banks in good shape to face even hardest of Brexits

A hard or soft Brexit will affect parts or all of the Irish economy but Irish banks are in good shape and insurance customers will be protected to survive any fallout, the deputy governor of the Central Bank has said.

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C&C share price fizzes on buoyant earnings outlook

C&C shares surged by nearly 7% on the back of the drinks group saying it had a strong Christmas trading period and that it remains on course to meet full-year targets.

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Chairman McGann points to challenges facing Aryzta and Paddy Power

The chairman of Irish-Swiss foods firm Aryzta has said he is unsure he would have taken on the job if he had realised the challenges facing the troubled business.

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Shannon-based Mincon eyeing more buys after Canadian acquisition

Shannon-based engineering and drilling equipment maker Mincon is actively seeking further acquisitions after buying Canadian distribution business Pacific Bit for an undisclosed sum.

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Enterprise Ireland supported companies now employ 215,000 people, figures show

Half-way through a four-year strategy, Enterprise Ireland welcomed the figures released today.

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Boeing delivers a record 806 aircraft in 2018 to pip Airbus in sales

Boeing delivered a record 806 aircraft in 2018 to retain the title of the world’s biggest plane maker for the seventh straight year, but missed its full-year target of 810-815 deliveries due to supplier woes that delayed shipments.

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Time to let the pendulum swing your way, says Frankie Sheahan

For today and tomorrow, Frankie Sheahan has gathered some of the best business thinkers for his self-improvement summit in Dublin, says Marie Toft.

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Riverdance posts a drop of 45% in operating profits in 2017

The firm behind Riverdance posted a drop of 45% in operating profits in 2017, new accounts show.

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Malin investee firms mulling flotations

The main two companies supported by State-backed drug development investment firm Malin are expected to float by the end of next year.

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€2.3bn coal importer rejects abuse claim

The Irish company that imports coal from a Colombian mine accused of human rights abuses has recorded revenues of €2.3bn.

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From birth to retirement, labour law is changing

Employment law continues to evolve and it’s interesting to consider the changes that are probably coming down the tracks in the new year, writes Patrick Walshe.

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Most satisfying was the 1,300 jobs added each week

What do Bangladesh, India, Libya, the Ivory Coast, and Ethiopia have in common? Well, taking the latest projections from the IMF as gospel, that quintet will have the distinction of being the only countries in the world to have grown by more than Ireland, in terms of headline GDP in 2018, writes Philip O’Sullivan.

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Builders cannot deliver houses at the right price

Conventional wisdom on the housing situation states that while supply has picked up, there is still a long way to go to catch up with annual household demand, writes Dermot O’Leary.

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Ireland emerges as a top economic performer in 2018 despite Brexit

As the year approaches its end, it is probably fair to say that it has been one of mixed emotions as regards the performances of the economy and Ireland’s top companies, writes Alan McQuaid

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Food Cloud shares Santa spirit as a business whose success is measured by how much it gives away

Trish Dromey profiles an enterprise whose success is measured not in profit, but how much it gives away.

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Why one of the longest American stock market bull runs in history has come to an end

A series of trade wars, growing financial pressure on heavily indebted emergent economies and a series of interest rate increases launched by the US Federal Reserve have combined to bring an end - for now at least - to one of the longest American stock market bull runs in history, writes Kyran Fitzgerald.

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Three entrepreneurs on the lessons learned from their first year in business

Ciara McDonnell talks to three entrepreneurs about their first year of business, and the lessons they learned along the way.

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Irish Fairy Door secures €1.5m to accelerate expansion plans

The Irish Fairy Door company has secured funding of €1.5m that is to accelerate the firm’s planned international expansion.

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GDP booms ‘but household spending not so much’

Official figures showing a rapidly expanding economy are tempered by recent data that suggest household spending is rising but not booming, economists say.

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IFG targets strong growth and 'real value for shareholders in the medium term'

IFG has set ambitious revenue targets for the financial advisory unit it tried to sell earlier this year.

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Park Hotel in Kenmare generated record revenues in 2018 - John Brennan

The Park Hotel in Kenmare — co-owned by brothers Francis and John Brennan — is set for a return to profit growth this year.

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The Business Interview: Looking for a fairer deal for carers in teeth of looming staffing crisis

Private homecare services provider Bluebird Care is warning of a nationwide staffing crisis if the Government doesn’t move fast on funding solutions, writes Pádraig Hoare.

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Dublin start up creates app designed to foster love of books among children

Dublin firm Zulleon could well be about to change the way kids foster a love for books.

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