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Sun, Nov 5, 2017

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Apple fails to confirm Athenry data centre plans at Varadkar meeting It is understood that during a meeting between Taoiseach Leo Varadkar and chief executive Tim Cook the company did not confirm whether it was proceding with the project.
  • Technology
  • 15:26

Taoiseach told Tim Cook of value and importance Government attaches to project

  • iPhone X hits the spot
US tax reform targets avoidance by multinationals US President Donald Trump speaks while holding up “Simple, Fair, ‘Postcard’ Tax Filing” cards as US house speaker Paul Ryan, a Republican from Wisconsin (left) and Representative Kevin Brady, a Republican from Texas and chairman of the house ways and means committee, react during a meeting in the Cabinet Room of the White House in Washington. Photograph: Olivier Douliery / Bloomberg
  • Economy
  • 17:45

Tax expert says measures would hurt foreign multinationals with US affiliates and US companies that used ‘inversion’ deals to move their head offices overseas

Jubilation on streets of Athenry but saga could still end in tears The   Central Bank’s  new Dublin Docklands headquarters. The news that Irish banks are making bigger profits on mortgage lending than those in any other euro zone state will have stuck in the craw of anyone caught up in the tracker scandal. Photograph:  Niall Carson/PA Wire
  • Business
  • 07:08

Business Week: also in the news were Ryanair, tracker mortgages and job announcements

Brexit may give Stock Exchange its tie-up ‘compelling reason’ Irish Stock Exchange chief executive Deirdre Somers: “Being bought is not a strategy.” Photograph: Alan Betson
  • Markets
  • 07:00

Dublin exchange could be defensive bet for London exchange in context of UK’s EU exit

Rugby World Cup blow is only the start: Ireland Inc may fail to land any of its targets Rugby’s Webb Ellis Cup: unlikely to be handed out to the winners of the 2023 World Cup in any Irish stadium
  • Business
  • 05:45

Along with the RWC, Ireland is also in the mix for the European Medicines Agency and the European Banking Authority

Galway medtech firm Aerogen reports record revenues Aerogen was founded in 1997 as Cerus Medical by John Power
  • Health & Pharma
  • 05:05

Overall turnover rises to €47.2m as revenues in core medical devices segment up 26%

iPhone X hits the spot as buyers surge to get new Apple smartphone Customers look at the new iPhone X at an Apple store during its launch at Dubai Mall.
  • Technology
  • 08:27

Handset goes on sale worldwide with many eager buyers despite eye-watering cost

Nice iPhone X, shame about the facial recognition feature The new iPhone X: third-party developers could get access to the phone’s sophisticated facial recognition technology. Photograph: Elijah NouvelageAFP/Getty Images
  • Technology
  • 06:31

Cantillon: Apple’s new phone is creating a buzz, but its Face ID is raising privacy issues

Mind the Gap: Women’s attitudes towards pensions must change Aviva
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To close the pensions savings gap we need to raise awareness of the importance of saving as young as possible for both genders, but particularly for women

Sponsored by Aviva
Connected gadgets and smart TVs vulnerable to data theft, report warns In the UK, the national trading standards body prevented almost £127 million in losses to consumers and businesses over the last year. Photograph: Dominic Lipinski/PA Wire
  • Technology
  • 19:38

Consumers urged to remain vigilant as criminals exploit new technology

UK rate rise may yet prove a mistake Governor of the Bank of England Mark Carney: failure to follow through this time would have cemented his reputation as the master of mixed messages. Photograph: Stefan Rousseau/AFP/Getty Images
  • Economy
  • 06:05

Mark Carney had painted himself into a corner and a rate rise now could backfire

Kazakhstan opening embassy in Ireland to expand trade and attract investment  A sculpture  in front of the buildings of sovereign wealth fund Samruk-Kazyna in Astana, Kazakhstan. Photograph:   Reuters/Shamil Zhumatov
  • Business
  • 09:58

Former Soviet state wants to transform its capital Astana into a regional financial hub

You’re not going to learn a lot chained to a desk, says Marie O’Connor Marie O’Connor: “If women want to rise to the very top they need to put themselves in a position where they are taking responsibility for entire business units and not just restricting themselves to particular areas.” Photograph: Dara Mac Dónaill
  • Work
  • 09:00

One of the first woman partners at an Irish accountancy firm stresses need to network

Fishing from a small gene pool: Irish boards and interlocking directorships
  • Work
  • 05:10

Busy people: Meet 10 of the most powerful Irish listed company directors

Facebook confirms plans to create ‘up to 800 jobs’ in Ireland Facebook founder and chief executive Mark Zuckerberg with Taoiseach Leo Varadkar at the company’s headquarters in Menlo Park, Silicon Valley, California.  Facebook has confirmed it plans to create hundreds of new jobs in Ireland next year. Photograph: Facebook
  • Technology
  • 00:20

Taoiseach meets social media website’s chief executive Mark Zuckerberg in California

tech podcast
Tech and Innovation Podcast Mark Stevenson on how innovation can fix our broken society and meet two teenagers who are taking the global equine world by storm.
 

Latest Business

Kazakhstan opening embassy in Ireland to expand trade and attract investment 09:58
You’re not going to learn a lot chained to a desk, says Marie O’Connor 09:00
Jubilation on streets of Athenry but saga could still end in tears 07:08
Brexit may give Stock Exchange its tie-up ‘compelling reason’ 07:00
Nice iPhone X, shame about the facial recognition feature 06:31

Most Read in Business

1 Saudi Arabia becomes first country to grant a robot citizenship
2 Apple fails to confirm Athenry data centre plans at Varadkar meeting
3 All-Ireland hurling final referee to lose job in An Post cuts
4 Ryanair’s governance critics are growing bored of its ‘independent’ board
5 The worst places in Ireland to invest in property
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Ryanair’s wings clipped by cancellations debacle

Ryanair’s wings clipped by cancellations debacle This Week: Airline’s first-half results will reflect investor jitters. Also: AIB’s egm

Budget 2018 Here is everything you need to know about Budget 2018 from our expert team.
 
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Top 1000 2017 Find out who is Ireland's biggest company and who the new CEOs are
 

Business Columns

Joe Brennan Joe Brennan -

Brexit may give Stock Exchange its tie-up ‘compelling reason’

John FitzGerald John FitzGerald -

John FitzGerald: Sustainable electricity the key to lower emissions

Mark Paul Mark Paul - Business Affairs Correspondent

Ryanair’s governance critics are growing bored of its ‘independent’ board

Chris Horn Chris Horn -

Skitster: The app that knows what’s good for you

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Cantillon

Our take - your business

The new iPhone X: third-party developers could get access to the phone’s sophisticated facial recognition technology. Photograph: Elijah NouvelageAFP/Getty Images Nice iPhone X, shame about the facial recognition feature
Governor of the Bank of England Mark Carney: failure to follow through this time would have cemented his reputation as the master of mixed messages. Photograph: Stefan Rousseau/AFP/Getty Images UK rate rise may yet prove a mistake
Rugby’s Webb Ellis Cup: unlikely to be handed out to the winners of the 2023 World Cup in any Irish stadium Rugby World Cup blow is only the start: Ireland Inc may fail to land any of its targets
One of many threats to the Irish economy would be an increase in oil prices So exactly how exposed to external shocks is the Irish economy?
Dole queue outside Bishop Street in Dublin back in 2010. Unemployment has dropped from 15.2 per cent in January 2012 to just 6 per cent last month, its lowest rate in nine years. Photograph: Aidan Crawley Will long-term unemployment linger like last time?
Funds Tracker Keep up to date with your investments
 
More than 3,500 private-equity investors, corporate chief executives, heads of global organisations and government officials from dozens of countries flocked to this week’s conference
Big goals, bigger hurdles: Saudi Arabia’s grand plan to move beyond oil
 
Karlin Lillington Microsoft Ireland faces a data privacy battle in US supreme court
 

Economy

UK rate rise may yet prove a mistake
  • November 4, 2017, 06:05

UK rate rise may yet prove a mistake Mark Carney had painted himself into a corner and a rate rise now could backfire

US tax reform targets avoidance by multinationals
  • November 3, 2017, 17:45

US tax reform targets avoidance by multinationals Tax expert says measures would hurt foreign multinationals with US affiliates and US companies that used ‘inversion’ deals to move their head offices overseas

US economy rebounds from slump by adding 261,000 jobs
  • November 3, 2017, 14:54

US economy rebounds from slump by adding 261,000 jobs Figure lower than expected in October but unemployment ticks down to 4.1%

Live Register tumbles again as employment picks up
  • November 3, 2017, 11:55

Live Register tumbles again as employment picks up Latest figures show number of people signing-on dropped by 2,400 in October

Your Money

Irish Stock Exchange chief executive Deirdre Somers: “Being bought is not a strategy.” Photograph: Alan Betson Brexit may give Stock Exchange its tie-up ‘compelling reason’
  • November 4, 2017, 07:00

Dublin exchange could be defensive bet for London exchange in context of UK’s EU exit

Bakkavor, a supplier of fresh food to UK supermarkets, also cancelled its planned London initial public offering. Photograph: Matthew Lloyd/Bloomberg Companies pull London listings citing market volatility
Apple hit a record high on Friday on strong demand for its iPhone X handsets. Photograph: Lucas Jackson/Reuters FTSE hits record high after Bank of England interest rate rise
  • Markets fall on US tax plan and UK rate hike
  • Bank behaviour has caused people to take their own lives, solicitor claims

Technology

The new iPhone X: third-party developers could get access to the phone’s sophisticated facial recognition technology. Photograph: Elijah NouvelageAFP/Getty Images Nice iPhone X, shame about the facial recognition feature
  • November 4, 2017, 06:31

Cantillon: Apple’s new phone is creating a buzz, but its Face ID is raising privacy issues

In the UK, the national trading standards body prevented almost £127 million in losses to consumers and businesses over the last year. Photograph: Dominic Lipinski/PA Wire Connected gadgets and smart TVs vulnerable to data theft, report warns
It is understood that during a meeting between Taoiseach Leo Varadkar and chief executive Tim Cook the company did not confirm whether it was proceding with the project. Apple fails to confirm Athenry data centre plans at Varadkar meeting
  • Chipmaker Xilinx to create 100 jobs in new $40m investment
  • iPhone X hits the spot as buyers surge to get new Apple smartphone

Financial Services

AIB shareholders vote in favour of new corporate structure
  • November 3, 2017, 11:40

AIB shareholders vote in favour of new corporate structure Proposal designed to protect savers but allow for bailing in of bondholders in a crisis

Finance union chief to retire after 32 years fighting automation
  • November 3, 2017, 05:03

Union head calls for State to maintain bonus cap on bank executives’ salaries

Irish Life contributes €42m to Canadian parent in third quarter
  • November 2, 2017, 16:57

Group reports 17% increase in profits as health insurance customers rise

Commercial Property

Summary judgment of €8m made against ex-bankers
  • November 3, 2017, 15:13

Summary judgment of €8m made against ex-bankers High Court case was reheard following objections by former Anglo Irish executive

Property owner wins High Court challenge against valuation tribunal
  • November 2, 2017, 17:52

Judge said valuation tribunal was ‘manifestly deficient’ in its obligation to give reasons for its determination

Dublin Office space take up levels highest since 2007
  • November 2, 2017, 11:47

196,000sq m of office space has been let so far this year with majority in central business district

Work

You’re not going to learn a lot chained to a desk, says Marie O’Connor
  • November 4, 2017, 09:00

You’re not going to learn a lot chained to a desk, says Marie O’Connor One of the first woman partners at an Irish accountancy firm stresses need to network

‘Companies buy teams over here, not solo founders’
  • November 3, 2017, 06:17

‘Companies buy teams over here, not solo founders’ Wild Geese: Philip McNamara, San Francisco-based vice-president at Voxpro, and kitesurfer

Media & Marketing

Irish Times writers win seven prizes at journalism awards
  • November 2, 2017, 19:18

Irish Times writers win seven prizes at journalism awards Newspaper wins most 2017 NewsBrands Journalist of the Year awards of any title

Property sector recovery helps lift revenues at Daft Media
  • November 2, 2017, 11:14

Property sector recovery helps lift revenues at Daft Media Turnover rises to €8.2m as parent company Distilled SCH reports full-year loss

Companies

Galway medtech firm Aerogen reports record revenues
  • Health & Pharma
  • November 4, 2017, 05:05

Galway medtech firm Aerogen reports record revenues Overall turnover rises to €47.2m as revenues in core medical devices segment up 26%

Aer Lingus ground staff vote to accept 8.5% pay rise
  • Transport & Tourism
  • November 3, 2017, 14:37

Aer Lingus ground staff vote to accept 8.5% pay rise Labour Court recommended that increase be paid over 39 months

Hermitage Clinic sees profits rise, still struggling to pay off debt
  • Health & Pharma
  • November 3, 2017, 12:29

Hermitage Clinic sees profits rise, still struggling to pay off debt Investors including Seán Mulryan and Larry Goodman have poured €40m into the clinic

Irish services sector growth slips to 11-month low in October
  • Retail & Services
  • November 3, 2017, 07:49

Irish services sector growth slips to 11-month low in October Surveys shows fall in index which measures expected business levels in 12 months’ time

Total Produce increases US presence with 50% stake in Californian firm
  • Agribusiness & Food
  • November 3, 2017, 07:41

Total Produce increases US presence with 50% stake in Californian firm The Fresh Connection exports fruits and vegetables to customers in 35 countries

Award-winning entrepreneur Evelyn O’Toole gets used to the limelight
  • Health & Pharma
  • November 3, 2017, 06:47

Award-winning entrepreneur Evelyn O’Toole gets used to the limelight Friday interview: Evelyn O’Toole, founder and chief executive of Complete Laboratory Solutions

Sponsored

Agribusiness Awards 2017: finalists prepare for awards ceremony Agribusiness Awards 2017: finalists prepare for awards ceremony

The shortlist has been revealed for the Agribusiness Awards 2017, championing agricultural companies from across Ireland

Brendan O’Callaghan is named Pharma Leader 2017 at the Pharma Industry Awards Brendan O’Callaghan is named Pharma Leader 2017 at the Pharma Industry Awards

23 trophies were presented to winning companies at a gala award ceremony held in the Clayton Hotel in Dublin on the 5th of October

Mapping the future: How will Ireland’s pension gap affect you? Mapping the future: How will Ireland’s pension gap affect you?

The pension savings gap has increased by 38 per cent since 2010 and Ireland now has the second-highest gap in eight EU countries surveyed

Millerstown showhouses in Kilcock now on view Millerstown showhouses in Kilcock now on view

Hooke & MacDonald and Coonan New Homes launch McGarrell Reilly Group’s large semi-detached and detached houses at Millerstown, Maynooth Road, Kilcock

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Ryanair’s wings clipped by cancellations debacle

Ryanair’s wings clipped by cancellations debacle This Week: Airline’s first-half results will reflect investor jitters. Also: AIB’s egm

Business Videos

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Innovation Awards 2017 - New Frontiers Winner:  FenuHealth.com1:51 Innovation Awards 2017 - New Frontiers Winner: FenuHealth.com

Business Bites

Ryanair’s governance critics are growing bored of its ‘independent’ board
Why IT companies are hiring employees on the autism spectrum
Fishing from a small gene pool: Irish boards and interlocking directorships
Saudi Arabia becomes first country to grant a robot citizenship
Tech Tools: Mini toy that works on your tabletop
When AI writes ‘X-Files’ fan fiction

Innovation Awards 2017
Innovation Awards 2017 Winners announced
 
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