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Ireland's premier news website providing news and sports reports.



 



Kit Kat ad copied ‘Breakout’, says Atari in Nestle lawsuit

Sat, 19 Aug 2017 12:00:00 GMT

Nestle has said it will defend claims in a new lawsuit in which Atari accused the Swiss food company of pilfering its classic 1970s video game Breakout to help sell Kit Kat bars.

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Pharmacy chain profits up 55% in year before sale

Sat, 19 Aug 2017 12:00:00 GMT

Pre-tax profits at the newly-acquired Sam McCauley Chemists group jumped 55% to €4.63m last year, new figures show.

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Stocks slide after Barcelona attack

Sat, 19 Aug 2017 12:00:00 GMT

European stocks yesterday fell as Thursday’s terror attack in Barcelona weighed on investor sentiment, the Ftse 100 coming under pressure from falls among consumer giants, financials, and airline stocks.

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Lobby group warns on trade

Sat, 19 Aug 2017 12:00:00 GMT

British manufacturers could rush to establish bases in the North to avoid customs tariffs after Brexit, a lobby group for the industry has claimed.

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Cork business backs tourism stimulus

Sat, 19 Aug 2017 12:00:00 GMT

Cork businesses have backed calls for a €12m stimulus package for the tourism industry in the wake of falling UK visitors following sterling’s post-Brexit vote slump.

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ECB: Ireland is largest base for SPVs in the eurozone

Sat, 19 Aug 2017 12:00:00 GMT

Ireland remains the eurozone’s largest centre for financial special purpose vehicles (SPVs), ECB data shows, placing it far ahead of closest rival Luxembourg.

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Kingspan ‘ready’ to conduct big acquisitions

Sat, 19 Aug 2017 12:00:00 GMT

Cavan-headquartered specialist building materials group Kingspan is “ready to do something big” on the acquisition front, its chief executive Gene Murtagh said yesterday.

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ECB jitters send euro spiralling

Fri, 18 Aug 2017 12:00:00 GMT

The euro dropped yesterday to a three-week low of $1.1662 after minutes from the ECB’s July policy meeting showed policymakers were worried about a possible overshoot in the euro.

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Lufthansa may buy bulk of Air Berlin fleet

Fri, 18 Aug 2017 12:00:00 GMT

Lufthansa is considering buying a majority of insolvent Air Berlin’s aircraft, sources have said, as the German government and rivals race to carve it up.

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Brexit forecast: More chaos and eroding value

Fri, 18 Aug 2017 12:00:00 GMT

Border firms must be braced for further sterling falls

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Irish confidence on rise as UK consumers cut costs, according to research

Fri, 18 Aug 2017 12:00:00 GMT

Ireland is now the fourth most confident country in Europe with consumer sentiment here higher than in the UK for the first time in nearly nine years, according to market research firm Nielsen.

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Brexit: UK-based firms in no rush to relocate

Fri, 18 Aug 2017 12:00:00 GMT

A majority of businesses are yet to change their strategic planning due to Britain’s decision to leave the EU, a survey of chief financial officers shows.

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Shannon-based company buys Swedish firm for €7.9m

Fri, 18 Aug 2017 12:00:00 GMT

Shannon-based engineering and mining services group Mincon has acquired Swedish company Viqing Drilling Equipment for nearly €8m and is continuing to look for more acquisition opportunities.

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Voxpro: The €150m firm that began life with six staff above a Cork pub

Fri, 18 Aug 2017 12:00:00 GMT

Cork outsourcing company Voxpro has given a boost to students in the county, saying it is eyeing the talent pool from the likes of CIT and UCC as it expands following a €150m takeover by Canadian firm Telus International.

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Cybercrime is ‘bigger than global drug trade’

Fri, 18 Aug 2017 12:00:00 GMT

Cybercrime is now more lucrative than the drugs trade and Irish companies must treat it as an ongoing concern, an IT security expert has warned.

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ComReg wants overhaul of ‘lo-cost’ phone numbers

Fri, 18 Aug 2017 12:00:00 GMT

The telecommunications regulator has proposed that all 1850, 1890, and other non-geographic numbers should be charged at the same price as calls to a geographical number in future.

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vcx

Thu, 17 Aug 2017 12:00:00 GMT

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Homes are taxed already

Thu, 17 Aug 2017 12:00:00 GMT

One could ask why there should be capital gains on the sale of the family home. There are lots of reasons why not.

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Iceland eyes more stores as losses halved in Republic

Thu, 17 Aug 2017 12:00:00 GMT

Food retailer Iceland has confirmed plans to expand the number of its stores in the Republic as its losses more than halved.

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PwC hit with record £5.1m fine in UK

Thu, 17 Aug 2017 12:00:00 GMT

The UK’s accounting watchdog has fined audit firm PwC a record £5.1m (€5.6m) and given it a severe reprimand after it admitted misconduct when auditing collapsed accounting firm RSM Tenon.

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Fiat Chrysler joins the BMW-Intel driverless club

Thu, 17 Aug 2017 12:00:00 GMT

Fiat Chrysler will join an alliance led by BMW to develop self-driving cars, intensifying a race by carmakers and technology companies to develop ‘robotaxis’ which can be called up via smartphone and paid for by the minute.

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Voxpro in jobs pledge after €150m takeover

Thu, 17 Aug 2017 12:00:00 GMT

Cork outsourcing company Voxpro said it has been taken over by Canadian IT giant Telus International in a deal estimated at €150m, and said that not only are jobs safe but it could expand its operations.

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Ryanair rules out bid for Air Berlin

Thu, 17 Aug 2017 12:00:00 GMT

Ryanair is unlikely to bid for any part of broke German carrier Air Berlin but Michael O’Leary has said the Irish airline will continue to expand in Germany.

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Mix of games and social media boosts Chinese firm

Thu, 17 Aug 2017 12:00:00 GMT

Tencent is reaping the rewards of marrying social media with mobile gaming.

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Ireland key for US, says IDA

Thu, 17 Aug 2017 12:00:00 GMT

The IDA and business group Ibec reaffirmed Ireland’s importance to the US after President Donald Trump again questioned the reasons so many American companies have bases outside the US, and mentioned Ireland by name.

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