Breaking up the tech giants will not boost competition, says GoFundMe boss

Chief executive Rob Solomon said China’s Alibaba and Tencent would step in to fill the void.

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Mounting uncertainty over health of eurozone

Europe’s economic outlook has been thrown into fresh doubt after reports showed weakness across France and Germany.

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Norwegian ‘must clarify Irish flights’

The chief of Norwegian Air International has been asked to directly clarify what is to happen to passengers intending to fly from Cork and Shannon to the US next ...

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Draghi: Prepare for a no-deal

The president of the European Central Bank, Mario Draghi, has told EU leaders that companies have to increase their preparations for a possible no-deal Brexit.

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Trump talks up China deal and EU motor sector tariffs

US President Donald Trump has said trade negotiations with China are progressing and a final agreement “will probably happen”, adding that his call for ...

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Johnson & Johnson Irish profits and revenues rise

Pre-tax profits at the Irish arm of the maker of such popular consumer health products as Calpol, Benylin, and Listerine increased by 3% to €5.3m in 2017.

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Government starts hunt for new Central Bank governor as Lane's ECB elevation is confirmed

Central Bank governor Philip Lane has been confirmed as the European Central Bank's next chief economist.

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Planning application for Limerick Opera site lodged with An Bord Pleanála

The project is expected to employ up to 3,000 people and will be the largest inner-city commercial development outside of Dublin.

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Sainsbury’s and Asda offer to sell off 150 UK stores as merger hangs in balance

The offer represents a radical adjustment to the competition watchdog’s calculation.

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Mike Ashley ups efforts to take charge at Debenhams

Debenhams is to seek €230 million in new financing and pursue a restructuring plan in a move which could wipe out existing shareholders including Mike Ashley.

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Business Movers: The Heritage Hotel & Spa; Maximum Media; Fuzion Communications

The Irish recruitment scene is enjoying an upsurge in activity in recent times, as can been seen with this selection of new appointments and promotions.

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Blockchain can help fuel bright future for community renewable energy

Science Foundation Ireland (SFI) has invested heavily in supporting the third level research brain power needed to underpin the country’s future in renewable ...

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Hundreds of jobs to go as Thomas Cook shuts 21 UK stores

A consultation process is under way with affected staff and unions.

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My Job: Marymount serving the local community

Mary Morrish readily agrees that everyone in Cork knows someone who has benefited from the care and support offered by Marymount University Hospital & Hospice.

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ESB to grow renewable energy project pipeline

The ESB has said it is working to develop a pipeline of projects that will enable it to generate "at least" 40% of its electricity from renewable or zero carbon ...

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Profits and revenues surge at Amazon's main Irish unit

Pre-tax profits at the main Irish arm of online retail giant Amazon increased by 30.5% to €39.46m last year, as revenues also soared.

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Reckless May brings no-deal Brexit into focus

UK labour market data for January showed an extremely strong jobs market that month with employment expanding at an annual rate of 1.5%, which is the strongest growth ...

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No defence raised to AIB's bid for summary judgment for sums of over €2.2m, court rules

Mr Justice Michael Twomey found that Hirar Properties Limited and Mr John Philip Ryan, otherwise known as JP Ryan, had "no fair and reasonable probability of having ...

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Homeowners missing out on lucrative tax reliefs

Taxback.com’s latest Taxpayer Sentiment Survey has found that 65% of people do not know what the Home Renovation Incentive (HRI) is.

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Why are Irish mortgage rates the highest in the EU?

Latest figures from the Central Bank show that the average interest rate on a new mortgage in Ireland is 3.01%.

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Bank of England holds rates at 0.75% amid Brexit chaos

The Bank’s Monetary Policy Committee voted unanimously to leave interest rates unchanged.

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ESB make operating profit of €455m

The ESB Group made an operating profit last year of €455m.

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Next predicts price cuts under no-deal Brexit tariff boost

The clothing chain reported pre-tax profits falling 0.4% to €840.6m for the year to the end of January,

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EU hits Google with new €1.49bn fine

Google was fined €1.49bn by the EU for thwarting advertising rivals, a penalty that may be EU competition chief Margrethe Vestager’s third and final ruling ...

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Cork flights to US in doubt after ban on Boeing plane

Passengers booked to fly from Cork to the US east coast in two weeks’ time face an anxious wait as Norwegian Air International scrambles to replace its grounded ...

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Ireland selected as EU offshore wind testing site

Ireland has been selected as the location for a European funded testing site for offshore 'floating' wind farms, which are seen as a cheaper and more efficient way ...

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Sterling and Irish bank shares hit by increased risk of no-deal Brexit

Sterling and European shares fell as the risk of the UK accidentally dropping out of the EU without a deal increased, as European Council President Donald Tusk told ...

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Ex Quinn Group executives 'very reluctant' witnesses in children's case, judge told

Two former senior executives with the Quinn group are "very reluctant" witnesses in the action by Sean Quinn's adult children disputing any liability under guarantees ...

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Government urged to clarify offshore drilling policy

The Government has been urged, by a gas exploration company active in Irish waters, to clarify its long-term position on offshore drilling or risk losing inward ...

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Man entitled to challenge constitutionality of new workplace dispute procedures, Supreme Court rules

A man is entitled to pursue claims that new procedures for determining workplace disputes breach the Constitution and the European Convention on Human Rights Act ...

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Superdry founder suffers another setback in comeback bid

Superdry co-founder Julian Dunkerton has suffered another blow in his bid to return to the fashion chain's board.

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BMW warns profits will fall due to costs and trade uncertainty

The Munich-based carmaker said it had no plans for layoffs even as it outlined cost-saving measures that include dropping half of its engine variants.

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Lloyds chief still in firing line over pension perks

The bank’s staff group plans to write to shareholder trade body the Investment Association again over Antonio Horta-Osorio’s pension allowance.

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Cork Airport sets up lanyard scheme for passengers with hidden disabilities

Passengers with a hidden disability will now have additional support when travelling from Cork Airport.

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Kingfisher starts hunt for new boss amid plans for more store closures

The B&Q owner is considering axing another 15 stores group-wide and all 19 Screwfix shops in Germany.

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Online fashion retailer shares fall on delays in US

Online fashion retailer Asos said its new US warehouse struggled to cope with demand in its latest quarter, hitting sales there and adding to challenges in France ...

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Bids sought for Kantar

A series of buyout funds including US firms Advent and Blackstone are in talks with advertising group WPP to explore bids for a majority stake in its data analytics ...

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Danske Bank says other lenders involved in scandal

It seems increasingly clear that Danske Bank was far from alone in its involvement in one of the world’s biggest money-laundering scandals.

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Sainsbury’s pledges price cuts to get Asda deal done

UK supermarket Sainsbury’s and its takeover target Asda have committed to deliver £1bn (€1.1bn) of lower prices annually by the third year after ...

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Hydro ‘severe’ cyber attack

Mass-scale ransomware demands will become all the more common, while firms will struggle to repair reputational damage in the event of a cyber attack, Irish cybersecurity ...

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Brisk bidding at 5G auction

Germany’s auction of spectrum for 5G mobile networks drew brisk initial bidding with prospective new entrant 1&1 Drillisch submitting bold offers for the frequencies ...

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Exporters to weather Brexit storm: Noonan

Michael Noonan, the former finance minister, said he is confident Irish exporters will be “able to cope” in the event the UK crashes out of the EU with ...

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Elevated household debt ‘not out of line’

Household debt remains at elevated levels but may be partly due to a growing population and an expanding economy, Department of Finance research suggests.

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Mincon shares rise on 2018 earnings

Shares in Mincon, the Shannon-based supplier to the mining and oil industries, rose 3.5% after it hailed “excellent” 2018 earnings

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Applegreen has €50m to fuel growth on expansion

Forecourt operator Applegreen said it will "continue to evaluate new opportunities" for growth, as an analyst estimated it may have €50m to spend on new acquisitions. ...

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McDonalds appeals 'Big Mac' ruling - Supermacs boss McDonagh calls it a 'delaying tactic'

The move further delays Supermacs' application to have its own Supermacs trademark registered Europe-wide to enable the business expand.

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Fast food chain, LEON, announces 20 restaurants for Ireland, creating 600 jobs

A fast food chain has announced plans to open 20 restaurants in Ireland over the next four years and create 600 jobs.

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CEO of Galway Harbour Company resolves action against employer

Last year, Eamon Bradshaw secured a temporary injunction preventing the company from terminating his employment.

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No-deal Brexit aftermath like Lehman Brothers collapse, says UK's fiscal watchdog

OBR member Sir Charlie Bean said it was ‘almost completely impossible’ to predict the full economic impact of a no-deal Brexit.

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Energia launches inaugural awards to recognise Ireland's family businesses

The Director of Family Business Ireland has said that almost three-quarters of family-owned businesses in Ireland go out of business after five years.

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