Counties in the west worst hit as 161 postmasters take redundancy

The west of the country looks set to lose dozens of post offices after it was confirmed 161 postmasters have been granted voluntary redundancy. An Post said the 161 postmasters’ offices, from among a network of 1,111, were now “likely” […]

Increasing rental income sees profits at Ireland’s biggest private landlord more than double

Profits at Ireland’s biggest private landlord, I-RES Reit, more than doubled to €69.5m in the six months to 30 June. The performance was driven by a 13pc increase in net rental income to €19.3m, according to six month interim results […]

The changing world of aviation

Globally, there are four big trends reshaping the aviation industry, which aviation companies and the Irish government alike must plan for. For half a century, the largest western airlines had the market for intercontinental air services to themselves. Now, competition […]

€1K ‘Granny Grant’ proposed for grandparents who help with childcare in Budget talks

Grandparents who help out with childcare would receive a €1,000 annual payment under plans outlined by Independent ministers in Budget negotiations. The self-assessed payment would be available to all grandparents who care for their grandchildren for more than 10 hours […]

Trump and Brexit boost Silicon Docks

The rapid growth of Dublin’s Silicon Docks is being fuelled by a combination of US president Donald Trump’s stance on immigration and ongoing uncertainty in relation to the attitude of the UK authorities to foreign workers post-Brexit. That’s the message […]

Hotels face higher costs due to staff shortages

Ireland’s resurgent hotel sector is facing competition for labour that is likely to push up costs for operators as they battle for staff in an economy with falling unemployment, a new study has warned. The annual Crowe Ireland survey of […]

DataStax opens first Irish office creating 30 jobs in Cork

DataStax, a US-based data management IT company, is to create 30 jobs in Cork with the opening of its first office in Ireland. The California-based company, which was founded in 2010, currently has over 500 employees based in multiple US […]

Europe IPO market up 5pc in first half

The European IPO market posted a 5pc increase in money raised in the first half of 2018, with total proceeds of €21.8bn. The number of initial public offerings was up 4pc at 168. The figures are contained in a new […]

Apple expects profit to soar as iPhone X boosts strong sales

Apple is expected to unveil its biggest rise in profits since late 2015, with third-quarter revenue set to hit $52.9bn (€45.3bn), boosted by dearer iPhones and strong sales from its lucrative app store and services business. Analysts and mobile industry […]

Irish students scoop major award for super-efficient car that can drive from Galway to Dublin for less than 15c

A team of engineering students from NUI Galway have scooped a major European award for a super-efficient vehicle. They took first place for technical innovation at Europe’s prestigious Shell Eco-marathon Europe competition. The Galway energy-efficient car (Geec, left) is said […]

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