Receive up-to-the-minute news updates on the hottest topics with NewsHub. Install now.

Business

All category news

  • BRIAN LUCEY: Correlation between studying economics and greed

    15 January 2018 02:17 3

    Economics often has an unfair reputation. In the public mind, economics is conflated with one of two things — either economists are talking about forecasts of the macro-economy, or talking about finance. Economics, however, is a far broader discipline. It’s really about the application of the tools of economic analysis to almost any area of human behavior

  • Minister confirms 125 vacancies at Central Bank

    16 December 2017 02:28 9

    Finance Minister Paschal Donohoe has confirmed there are 125 vacant positions of a total of 1,735 posts at the Central Bank. In a written Dáil reply to Fianna Fáil finance spokesman Michael McGrath, Mr Donohoe said the largest number of open positions, at 47 vacancies, was in its “financial conduct” unit. Those posts include 10 vacant positions at the consumer

  • The European Union seeks tax rule action

    15 November 2017 01:08 14

    The European Union needs a quick agreement on proposed rules for lawyers, bankers and other advisers that help devise ways to aggressively cut tax bills, the European tax commissioner Pierre Moscovici has said, writes Francesco Guarascio. The appeal for more transparency on tax matters comes after new revelations, known as the Paradise Papers, of widespread

  • Malone’s Trinity City Hotel boosts profits by 54%

    15 November 2017 01:08 19

    Trinity City Hotel, one of the Dublin hotels owned by US billionaire John Malone, the Virgin Media and TV3 owner, boosted pre-tax profits 54% to €2.83m last year, writes Gordon Deegan. The company’s profits take into account interest charges of €1.97m and a non-cash depreciation charge of €1m. Staff numbers at the Pearse Street hotel increased from 90 to 95, while

  • Shanahan’s Fishy Fishy cooks up €224,355 in profit

    08 November 2017 00:58 16

    The Kinsale Fishy Fishy restaurant owned by TV chef Martin Shanahan earned profits of €224,355 last year. The profits were down from the €390,809 earned in 2015, but were significantly up from the €117,927 it earned in 2014. At the end of last year, accumulated profits at his restaurant firm — Kinsale Gourmet Store Ltd — stood at €1.84m. Staff numbers

  • Apple chip firm not worried

    08 November 2017 00:58 16

    However, fellow UK firm Dialog Semiconductor, which relies on Apple for about three-quarters of its revenue, isn’t worried. Following strong third-quarter earnings, Dialog chief executive Jalal Bagherli has dismissed concerns, saying his company and Imagination have little in common other than sharing similar customers. “If someone were to not use us, they’d

  • Profits fall at ‘First Dates’ hotel despite sales rise

    07 November 2017 00:26 15

    The profits drop for the Gibson Hotel in Dublin came despite it posting a 7% increase in revenues, to €15.39m. The lease for the Gibson was acquired in recent months by the stock market-listed Dalata Hotel Group. Dalata is Ireland’s largest hotel operator and has 38 three and four-star hotels with over 7,700 rooms. The hotel is located a short distance

  • Daft Media back in black with €2.66m pre-tax profits

    03 November 2017 00:57 18

    The company generated pre-tax profits of €2.66m last year, having posted a pre-tax loss of €2.49m in 2015, which was attributable to it writing off €5.5m owed to it by a connected business. The growth in the property market resulted in the group’s revenues jumping 8% to €8.16m. Daft Media’s accumulated profits stood at €3.7m at the end of last year, up from €1.4m 12 months

  • Leitrim based company shortlisted for Technology Ireland Software Awards

    02 November 2017 13:42 7

    Leitrim based company Cora Systems, who have been shortlisted for the Technology Ireland Software Industry Awards 2017. They will compete against other companies in the category of Digital Technology Services Project of the Year. In total, 36 companies have been shortlisted across eight categories. Following publication of shortlisted entries, all companies

  • Hume Brophy acquires US and Hong Kong based Madaket+Co

    02 November 2017 11:39 29

    Hume Brophy, which specialises in public relations, public affairs, investor relations and corporate and financial communications, will establish its first full-time base in Hong Kong through the deal. The six member team of corporate and financial communications specialists in Hong Kong will join Hume Brophy’s existing 12-strong Asia team, headquartered