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Updated: 9 min 27 sec ago

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

Wed, 03/20/2019 - 08:00
The B&Q owner is considering axing another 15 stores group-wide and all 19 Screwfix shops in Germany.

Mincon shares rise on 2018 earnings

Wed, 03/20/2019 - 00:00
Shares in Mincon, the Shannon-based supplier to the mining and oil industries, rose 3.5% after it hailed “excellent” 2018 earnings

Elevated household debt ‘not out of line’

Wed, 03/20/2019 - 00:00
Household debt remains at elevated levels but may be partly due to a growing population and an expanding economy, Department of Finance research suggests.

Exporters to weather Brexit storm: Noonan

Wed, 03/20/2019 - 00:00
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 no Brexit deal.

Brisk bidding at 5G auction

Wed, 03/20/2019 - 00:00
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 it covets.

Hydro ‘severe’ cyber attack

Wed, 03/20/2019 - 00:00
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 experts have warned.

Sainsbury’s pledges price cuts to get Asda deal done

Wed, 03/20/2019 - 00:00
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 completion of their proposed €8.5bn deal.

Danske Bank says other lenders involved in scandal

Wed, 03/20/2019 - 00:00
It seems increasingly clear that Danske Bank was far from alone in its involvement in one of the world’s biggest money-laundering scandals.

Bids sought for Kantar

Wed, 03/20/2019 - 00:00
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 unit Kantar.

Online fashion retailer shares fall on delays in US

Wed, 03/20/2019 - 00:00
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 and Germany.

Applegreen has €50m to fuel growth on expansion

Tue, 03/19/2019 - 18:15
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.

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

Tue, 03/19/2019 - 18:14
The move further delays Supermacs' application to have its own Supermacs trademark registered Europe-wide to enable the business expand.

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

Tue, 03/19/2019 - 16:55
'>A fast food chain has announced plans to open 20 restaurants in Ireland over the next four years and create 600 jobs.

CEO of Galway Harbour Company resolves action against employer

Tue, 03/19/2019 - 15:40
'>Last year, Eamon Bradshaw secured a temporary injunction preventing the company from terminating his employment.

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

Tue, 03/19/2019 - 13:44
OBR member Sir Charlie Bean said it was ‘almost completely impossible’ to predict the full economic impact of a no-deal Brexit.

Energia launches inaugural awards to recognise Ireland's family businesses

Tue, 03/19/2019 - 10:22
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.

Westmeath firm signs €10m deal with Europe's main private provider of emergency services

Tue, 03/19/2019 - 09:53
An Irish company has signed a deal worth €10m over five years with a leading private provider of emergency services in Europe.

Despite Brexit and rising insurance costs, majority of Dublin pubs expecting growth in 2019

Tue, 03/19/2019 - 08:51
LVA Chief Executive Donal O'Keeffe says their survey shows the outlook for Dublin is positive.

Mortgage firm in ‘significant move’

Tue, 03/19/2019 - 06:00
New mortgage lender Finance Ireland has signalled its plan to make a splash in the market by matching the lowest variable and fixed-rate mortgages from the large banks.

Irish builders face cost hikes in UK materials

Tue, 03/19/2019 - 05:50
The vast majority of building materials used in the Irish construction sector are either sourced in the UK or enter Ireland through international distributors in Britain and represent a major risk for the industry, according to executives at the National Construction Summit in Citywest last week.