Healthy profits in Irish food and drink

There has been an explosion of Irish companies producing high quality food and drink for Irish and international markets and on this week’s Ready Business show, Brian Purcell spoke to two entrepreneurs who have found success.

Dublin Airport to get new €320m runway, supporting 1,200 jobs during construction

Dublin Airport has confirmed this morning that it will proceed with plans for a new parallel runway – with the project estimated to cost as much as €320m.

Amazon’s staff in Ireland set for $50m share windfall over two years

Staff at the Irish units of internet giant Amazon are set to reap a total of almost $50m (€44m) worth of share awards this year and in 2017.

Energy shares help European shares to edge higher

European equities edged higher in early trading on Wednesday after steep declines in the previous session, with energy shares gaining following a bounce back in crude oil prices.

EU bailout boss warns Ireland would be worst hit by a Brexit

Ireland would be hurt more than any other Eurozone country by a UK exit from the EU, the head of the European bailout fund has said.

Pfizer pulls out of €140bn Irish Allergan merger

US drug maker Pfizer agreed on Tuesday to terminate its $160bn (€140bn) agreement to acquire Botox maker Allergan, in a major victory to US President Barack Obama’s drive to stop tax-dodging corporate mergers.

Unemployment falls to eight-year low of 8.6%, CSO reveals

Figures suggest number of workers classified as unemployed fell by 2,900 last month

Irish services growth strengthens but exports hit four-year low

Growth in Ireland’s services strengthened in March, a survey showed on Tuesday, but new business from abroad expanded at the slowest pace in almost four years as weaker sterling affected some exporters.

Income tax and VAT fall below target in March

Income tax and VAT collections dropped below target in March but another surge in corporate tax payments helped bring the overall monthly return ahead of target. New figures also point to health overspending in March.

Irish food industry knows how to survive a Brexit

Sector highly dependent on UK market but we have the skills to respond appropriately

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