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  • OLIVER MANGAN: Gary O’Hanlon braced for ‘toughest’ Cork City Marathon

    02 June 2018 00:57 7

    National champion Gary O’Hanlon believes tomorrow’s Irish Examiner Cork City Marathon will be one of the most challenging editions of the event. O’Hanlon, 43, a serial marathoner and winner, has run the event three times, finishing third and second twice, feels the competition and conditions are going to provide a big test. “It’s the biggest depth that the Cork marathon

  • OLIVER MANGAN: Impressive growth but no rush to hike interest rates

    13 March 2018 01:02 25

    These were left at –0.4% for the deposit rate and 0% for the refi rate. Meantime, the ECB’s monthly asset purchases under its quantitative easing (QE) programme were also left unchanged, having been cut from €60 billion to €30bn per month at the start of the year. However, the ECB did remove its easing bias in relation to the QE programme. While the ECB repeated

  • PAUL MILLS: Pharma lifts the Trump blues for Ireland

    15 February 2018 02:01 12

    The decision of Merck Sharp Dohme, or MSD as it’s better known in these parts, is more than good news for Dublin but also for Ireland, writes Paul Mills. It’s a time when it’s very easy to be negative. Whatever happens with Brexit it is sure to hit Irish business. The US has made it much more attractive for its overseas corporations to repatriate funds

  • BRIAN LUCEY: Correlation between studying economics and greed

    15 January 2018 02:17 13

    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 20

    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 34

    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 29

    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 25

    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 27

    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 24

    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