May's loosening grip on power sends sterling plummeting and sinks UK-exposed shares

The last gamble of Theresa May to win over MPs to support her Brexit deal appeared to unravel putting a question mark over her future and weighing on sterling.

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New house builds ‘to peak at only 25,000’, says country’s largest housebuilder

The chief executive of Cairn Homes, the country’s largest housebuilder, said annual peak new supply will reach only 25,000 in the coming years, meaning too ...

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Blow for Irish retailing staff as Dorothy Perkins-Topshop owner announces store closures

Irish Staff and shopping centres in Ireland have been dealt a blow after the group that owns the Dorothy Perkins-Evans-Miss Selfridge stores said it was closing ...

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Wholesale woes put brakes on Britvic's Irish growth

Revenues at the Irish division of British soft drinks producer Britvic fell in the first half of its financial year.

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Rapid rise in online shopping and card use

Consumers are rapidly moving to card payments instead of cash, while there has also been a significant increase in online shopping in the past year, according to ...

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C&C shares fizz on Bulmers growth

Shares in C&C Group rose almost 5% as the drinks maker said its signature Bulmers cider brand increased its share of the Irish market despite increasing competition ...

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Corbyn nationalisation policies won't affect Irish energy firm plans

Any re-nationalisation of Britain's energy providers under a Jeremy Corbyn-led government is unlikely to have any impact on the Irish operations of leading UK player ...

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Diageo to give new fathers 26 weeks paternity leave

The drinks company will introduce the new paternity scheme from July 1.

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China cuts taxes to encourage chip makers in face of US pressure

Integrated circuits, or microchips, are among technologies China has targeted for state-led development.

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String of firms that failed under controversial owner Greybull Capital

British Steel is the latest in a line of UK firms which have become insolvent under the ownership of the private equity fund.

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Greyhound Group set to create 100 new jobs

One of the country's largest waste companies is to create 100 new jobs over the next year.

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Construction works begin on €325 million WuXi Biologics Dundalk facility

The Dundalk-based, 48,000 square metres site is set to become the world’s largest single-use biologics manufacturing facility.

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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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Thousands of jobs at risk as British Steel goes into receivership

The move threatens more uncertainty for thousands of workers at the company’s plants.

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M&S reveals falling sales and profits amid overhaul

The high street bellwether posted underlying pre-tax profits of £523.2m for the year to March 30.

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More than 150,000 jobs lost in UK in ‘devastating’ steel industry decline

The GMB union said the industry employed 186,000 workers in 1981 but the total has now slumped to around 32,000.

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International interest expected as Cork apartment block goes on market for €17.5m

Tommy Barker An entire apartment development with 62 units in Cork city’s suburbs is for sale, as a single lot, being offered to investors with a guide price ...

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KBC Ireland chief: Brexit still 'a big sword of Damocles' despite upbeat outlook for economy

The outlook for the Irish economy is favourable in the short-term but Brexit is still "a big sword of Damocles" for growth, the new KBC Ireland chief executive has ...

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International firms hail Cork growth in tech and pharma

International law firm William Fry has opened an office in Cork because of continued growth in its Munster business, including tech and life sciences, it said.

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Economists claim concentration of jobs in Dublin region has 'actually increased' since 2016

All parts of the country are benefitting from more jobs, but the damaging over-concentration of employment in the greater Dublin region persists, leading economists ...

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'Last Brexit gamble' of Theresa May puts sterling on volatile path

The "last gamble" of Theresa May to get a Brexit deal through the Commons sent sterling briefly soaring fears that this fourth attempt too will fail, weighed on ...

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Greencore eyeing 'quite a bit' of UK acquisition activity

Greencore boss Patrick Coveney expects the sandwich-making group to undertake "quite a bit" of acquisition activity in the UK market over the next three to five ...

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Increase in shadow banking activities seen as potential threat to Irish economy

Ireland is one of the largest centres for so-called shadow banking activity in the world, which could threaten the country's economic stability and traditional banking ...

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Dealz brings High Court challenge over decision stopping retailer from operating near Liffey Valley

Discount retail chain Dealz has brought a High Court challenge to a decision which prevents it from continuing to operate from a retail park near the Liffey Valley ...

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Company behind space suit worn for moon landings creates 70 new jobs in Cork

A new manufacturing facility in Cork has created 70 new jobs, with 30 of these roles already filled in recent months.

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Global markets make gains amid Huawei 90-day grace period

The founder of Huawei also expressed confidence that Washington’s curbs on sales to the Chinese tech giant will have little impact on the company.

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Why it’s such big news that Holland & Barrett is banning wet wipes

Holland & Barrett has pledged to remove wet wipes from its UK and Ireland stores by September 2019.

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Kerry Airport sees growth in passenger numbers

Passenger numbers at Kerry Airport grew by 9 per cent in 2018, according to the airport’s annual report and accounts released today.

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Jamie’s Italian calls in administrators

It follows a sale process for a stake in the restaurant business.

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Trump’s China trade war risks hurting global economy, warns think tank

The OECD cautioned that as much as 0.7% could be knocked off global growth by 2021-22 if the row escalates.

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CSO figures show record level of employment as rate increases by 3.7%

Figures released by the Central Statistics Office show Ireland's employment rate has increased by 3.7%.

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OECD: Rising property prices and 'disorderly Brexit' could push Ireland into recession

The Organisation for Economic Co-operation and Development (OECD) has warned a disorderly Brexit “could plunge the Irish economy into a recession” and ...

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Holiday booking fraud sees €12m lost in last year

Over 180,000 adults in Ireland have at least once been a victim of holiday booking fraud, new figures show.

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US commerce chiefs grant Huawei 90-day grace period

The move comes a day after Google said it would comply with US government restrictions aimed at punishing the Chinese firm.

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250 financial service jobs for the southeast

It is due to the Carne Group almost doubling its current workforce.

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Huawei ban sends chipmaking shares plummeting

A bad month is getting worse for US and European semiconductor stocks.

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Greenpeace activists: ‘BP must clean up or clear out’

Greenpeace activists blocked the entrance to BP’s London HQ yesterday, demanding one of the world’s biggest energy companies ends all new oil and gas ...

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Thomas Cook bonds fall to lows amid debt fears

Thomas Cook’s bonds tumbled to record lows after reports that questioned the company’s ability to return to profit and avoid being crushed under a pile ...

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Sterling steadies after huge Brexit losses, shares hit by global trade turmoil

Sterling steadied after initially posting further large losses on UK political fears but shares in Europe and the US were hit as the fallout of the US-China trade ...

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Co Down port clinches €11m gas storage deal to secure supply of CO2 to pubs across Ireland

The plan has taken a major step forward after it signed an agreement with Nippon Gasses to provide CO2 for a facility with the capacity to store 2,500 tonnes of ...

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Cybercrime will be worth €5 trillion in two years, security body claims

The new national cybersecurity body that will be led out of Cork has been launched with a warning that cybercrime is expected to be worth almost €5 trillion ...

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Ryanair shares dive as profits hit 4-year low

Ryanair shares tumbled nearly 5% after the airline reported its weakest annual profit in four years and said its earnings may suffer for the next couple of years ...

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Kildare approval of €3.5bn Intel extension plan is likely to be appealed

Kildare Co Council gave the green light to plans by Intel for its latest $4bn (€3.5bn) extension to the manufacturing plant, known as Fab, in Leixlip — ...

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OECD assesses Ireland for 'sustainable' goals

Ireland is reaching targets in relation to available water, economic productivity and carbon emissions coming up to 2030 but falls down when it comes to areas like ...

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Jaguar Land Rover slumps to €4.1bn loss as Chinese sales slide

Jaguar Land Rover crashed to a €4.1 billion annual loss as it was weighed down by a slump in Chinese sales.

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Ford announces thousands of white collar job losses

The car giant will complete the restructuring by August.

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Profits at Pat Kenny media firm jump to €1.52m

Accumulated profits at Pat Kenny’s media firm topped the €1.52 million mark last year as his company enjoyed another strong year.

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Huawei accuses US of ‘cynically timed’ Google ban

Huawei executive Jeremy Thompson told BBC Radio 4 the dispute was linked to the on-going trade war between the US and China.

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US toy shop FAO Schwarz to open in Dublin

US toy shop FAO Schwarz is to open a flagship store in Dublin.

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What does Android block mean for Huawei users?

Google services will no longer be available on the Chinese company’s devices.

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