Irish fruit distributor Fyffes is to be acquired by Tokyo-headquartered Sumitomo Corporation for €751 million. Photograph: Simon Dawson/Bloomberg

Deal will see each shareholder of Irish fruit distributor receive €2.25 per ordinary share

Mark Little: keynote speaker at the ISA Software Awards. Photograph: Eric Luke

For your diary: Internet of Things forum; retail sales; businesswoman of the year

Source: Irish Times Premedia

The average earnings gap between men and women in Ireland stands at 20%, survey finds

Flight bite: Domino’s said it is also looking at opportunities for drone delivery trials in Australia, Belgium, France, The Netherlands, Japan and Germany

Pizza chain and tech company Flirtey send airborne order to customer in New Zealand

Vodafone chief executive Anne O’Leary will be among the speakers appearing at National Digital Week in Skibbereen. Eric Luke / The Irish Times

A round-up of business events happening this week

Sheryl Sandberg, chief operating officer of Facebook: the company’s results are out on Wednesday.  Photograph: Patrick T Fallon/Bloomberg
For your diary

A round-up of business events happening this week

IDA Ireland chief executive Martin Shanahan said Cylance is one of the fastest growing companies in the history of cyber security

US-headquartered company opens new office in city to support customers across EMEA

Tesla Model X: the electric car manufacturer’s results are out on Wednesday. Photograph:  REUTERS/Benoit Tessier/File Photo

EY Entrepreneur of the Year; Apple results; euro zone consumer confidence

Fiona Heffernan, head of  Post Media at An Post said Ireland is in a growth phase, but continuation of this growth is subject to a number of factors.

Netflix and Intel results; euro zone inflation; ECB interest rate decision

Edel Browne: 19-year-old’s company is developing a device which helps people with Parkinson’s disease

Free Feet Medical founder Edel Browne selected via Blackstone LaunchPad process

Sealbades aims to give surfers 35% more power over hand paddling

Husband and wife team launch Kickstarter drive to develop retractable hand paddles

Delta: results out on Wednesday

For your diary: Career Zoo to attract flocks of professionals; US retail sales; euro zone industrial production

PepsiCo results are due out on Thursday

Post-Brexit opportunities for trade and a showcase for Irish tourism feature in this week’s business diary

MEP Brian Hayes:  said speculation that Ireland faces an increase in its EU budget contribution next year is discredited. Photograph: Eamon Ward

Fine Gael MEP says country can avoid ‘leprechaun economics’ penalty

Peter Crosby, CEO of Mainstay Medical. The company is targeting chronic lower back pain with an implantable device

Mainstay raised €30m funding in June through placing of new shares

Yroo VP Corporate & Legal Affairs Juron Kinnear, Canadian Ambassador to Ireland Kevin Vickers, Minister for Jobs, Enterprise and Innovation, Mary Mitchell O’Connor, ConnectIreland CEO Joanna Murphy, and Yroo chief executive James Cunningham. Photograph: Paul Sherwood, ConnectIreland.

Canadian company to create 33 jobs in Dublin over the next 3 years

Biopharma Engineering employee Eilish Whelan. The company has announced it will create 70 jobs over the next three years.

Irish-founded engineering design company opens new office in Dublin

Irish residential porperty prices are out on Wednesday.

Business Diary: Property prices; French Connection results; ADFX awards; global pharma event

Martin Cass:  Ireland has become a hotbed for technology start-ups

Ten start-ups will receive up to $120,000 from Techstars and access to mentorship

Virtual reality has given rise to an explosion in demand for content globally. Photograph:  Andreas Rentz/Getty Images

So-called Father of Scandinavian drama Ingolf Gabold is flying into the summit

MediaCon founder and chief executive Lesley O’Connor said Netflix and the dawn of virtual reality have given rise to an explosion in demand for content globally.

Calling all start-ups; Man Utd results; Euro zone growth

Service station chain Applegreen is to report results on Tuesday.

Irish August inflation and July industrial production figures to be published

Dalata hotel group chief executive Pat McCann. Photograph: Dara Mac Dónaill

Service station chain and hotel group Dalata to report first-half results

Irish Franchise Association chairman David Killeen, Selling for Dummies author Ben Kench and  Ceri Rogers, director of the franchise show.

Employment in sector exceeds 28,000 across nearly 3,000 franchise units

Abercrombie & Fitch results are out on Tuesday. Photograph: Mike Segar/Reuters

Grafton Group and Total Produce to report; Irish porperty prices and US jobless rate

For the first-half of 2015, Total Produce reported adjusted pre-tax profit that was up 11.5 per cent to €30.3 million

Pricing in European markets remains positive in the first half despite the ongoing Russian trade embargo on fresh produce

Uncertain outlook: Grafton Group warned that Brexit is likely to dampen demand for new housing in  UK

DIY company forecast to have underlying trading profits of £68.6 million

One51 group chief executive Alan Walsh said the interim results were ahead of expectations: “We have successfully integrated the transformative IPL acquisition into our plastics division”

Interim results ahead of expectations, mainly due to strength of US acquisition IPL

At the end of September 2015, Odessa Club and Restaurant’s liabilities exceeded its assets by €90,287, newly filed accounts state.

Dublin club and restaurant emerged from examinership in June 2015, accounts show

The Ires Reit portfolio stretches from Priorsgate in Tallaght where it owns 102 out of 198 apartments in the complex, to the Marker in Dublin’s docklands (above), where it owns 84 out of 105 apartments.

Apartments at Coldcut Park in Clondalkin have annual rent roll of €1.4 million

GameStop is due to report results on Thursday.

International Business Women’s Conference takes place in Tralee

The Paddy Power Handicap Chase at Cheltenham, 2015: the bookmaker and betting exchange merged in  February 2016. Photograph: Harry Trump/Getty Images

Interim announcement will be closely watched as investors look for more specifics

Meath Elysha Brennan the 2015 Rose of Tralee will speak at the conference in Tralee. Photograph: Domnick Walsh / Eye Focus

The Enterprise Ireland International Business Women’s Conference is in Tralee

The report commissioned by the Restaurants Association of Ireland found an increase of 31,000 in direct employment in the accommodation and food services sectors

Report cites 45,000 new jobs in food, tourism and hospitality since 2011 rate change to 9%

New figures from the Central Bank show Irish household debt stood at €31,216 per capita in the first three months of the year, the lowest level since the first quarter of 2006. Photograph: Matt Kavanagh

Irish households fall to fourth most indebted in the European Union

Irish explorer strikes oil three years after Ghanaian government approved plan

The majority of the 40 jobs Zevas Communications is creating will be based in Cork.

New positions include roles in telesales, business development and quality

Gerberit:  The Swiss manufacturer of bathroom piping and toilets will  report first-half earnings and second quarter results.

Home Depot is expected to post second-quarter results showing increased revenue

Glanbia’s Nutritional Ingredients plant in Co Kilkenny: the company will report half-year results on Wednesday. Photograph: Eamonn Farrell/Photocall Ireland

Davy analyst says Performance Nutrition should generate very strong EBITA growth

An Bord Pleanála has granted planning permission to US technology giant Apple to build a data centre near Athenry, Co Galway.

Appeals had been lodged against decision of Galway County Council to grant planning

Applegreen is expanding its operations after a successful IPO in June 2015 raised more than €90 million on the Irish and London stock exchanges

Irish petrol forecourt firm applying for service station site on M42 near Birmingham

Gap’s results are due on Thursday

A round-up of announcements including results, indicators and inflation rates

Output from Irish-based factories rose 8.2 per cent in June, according to new figures from the Central Statistics Office.

Sharp slowdown in output from Irish factories as statistical distortions unwind

Gavin Sheehan on Cole Harden celebrates winning the Ladbrokes World Hurdle, during the Cheltenham Festival. Ladbrokes is forecast to report earnings of 2.7p per share on revenue of £628.5 million for the first half of 2016.  Photograph: David Davies/PA Wire

Deal with Coral looks set to get cleared by regulators

Lufthansa: the German airline had forecast adjusted 2016 earnings to be slightly higher than 2015. It now predicts the opposite.

Airline reports decline in long-haul booking due to ‘political and economic uncertainties’

BMW reports results tomorrow.

For your diary: BMW, Kerry Group and RBS to post results

Ryanair chief executive Michael O’Leary’s annual bonus of €900,000 was unchanged, as was his €1 million annual salary. Photograph: Stefan Rousseau/PA Wire

Ryanair chief's share-based compensation more than doubles to €1.3m

Dublin has been ranked 10th on the list of European cities with most millionaires per capita, according to a new survey.

Dublin named 10th on list of European cities with most millionaires per capita

Davy Stockbrokers forecasting ebitda of €303.6m for paper and packaging group

Google’s parent company Alphabet has results out after the close on Thursday, with analysts forecasting the company report earnings of $8.06 per share for the current fiscal quarter, an increase of 15 per cent. Photograph: Eric Gaillard/Reuters

Apple, Twitter, Google and Facebook have results out this week

Ryanair: results due out on Monday with an egm on Wednesday

A slew of results from tech giants like Apple coincide with figures from Ryanair and Smurfit Kappa

Irish consumer sentiment weakened in the second quarter, says KBC Bank and ESRI

Turnover in manufacturing multinationals decreased by 7.3 per cent in 2014 to under €30 billion, though employment in this sector rose by 5.2 per cent to almost 131,000 people.

CSO figures show turnover among Irish firms abroad fell 2.7 per cent to €99.3bn

PMU deputy chief executive Alain Resplandy-Bernard and Onionsack founder and chief executive Jonathan Power

Irish software company to provide SMS text betting to gaming and betting operator PMU

Minister for Finance Michael Noonan has said Ireland can afford to pay an additional €280 million to the European Union’s budget.

Republic must contribute additional payment due to upward revision GDP growth

Soft drinks maker Britvic has reported third quarter group revenues of £346.3 million, up 5.3 per cent on last year.

Strong performances by Ballygowan, MiWadi drive Britvic Ireland revenues to £33.6m

Work on a new successor policy to the Trade, Tourism and Investment Strategy is to be accelerated, Minister for Foreign Affairs and Trade Charlie Flanagan has said.

Export Trade Council convened to discuss steps following Brexit referendum

‘House of Cards’: Netflix is due to report results on Monday

Highlights include earnings from e-commerce giant eBay and a meeting of the ECB’s governing council

Mark Carney: the Bank of England governor is not a fan of the ECB’s negative interest rates. Photograph: Chris Ratcliffe/Bloomberg

Mark Carney has left interest rates unchanged, easing pressure on the European bank

Analysts predict eBay earnings for the current quarter, which are due out this week, to come in between $0.40 and $0.44

Online auction platform and payment-processing leader both due to post results

The Pokemon Go app, has been downloaded more times in a week than the dating app Tinder has in its four years of existence, with Nintendo having to pause the game’s global roll-out, in order to boost server capacity.

Game downloaded more times in a week than dating app Tinder has in its four years

Ireland has topped the rankings for innovation among small and medium sized businesses, according to a new EU Commission scoreboard published today.

European Commission scoreboard finds EU innovation is catching up with Japan and the US

Irish consumers spent €4.2 billion using their debit cards in May, according to new figures from the Central Bank.

Figures show Irish consumers spent €307m abroad using debit cards in May

Analysts forecast US aluminium producer will report year-over-year decline

Galway International Arts Festival: Ulster Bank and Dogpatch Labs are to develop digital tools for the festival. photograph: joe o’shaughnessy Galway International Arts Festival: Ulster Bank and Dogpatch Labs are to develop digital tools for the festival.   Photograph: Joe O’Shaughnessy

Dogpatch Labs will develop digital tools to support the festival and its attendees

Intel: Results out on Wednesday. Photograph: Ronen Zvulun/Reuters  Intel: results out on Wednesday. Photograph: REUTERS/Ronen Zvulun

Irish and euro zone inlation rates; British rates decision; results from Alcoa, Citigroup and Delta

Michael O’Dwyer of SwiftComply pitching at the Startup Europe Summit in Berlin. The Irish start-up  has won a place on the prestigious Techstars accelerator programme in London. Photograph: Ralf Rühmeier

Dublin-based company opens €1 million investment round to fund US expansion

Nationwide Controlled Parking Systems (NCPS), the State’s largest parking services business, increased turnover by €2.8 million to €15.06 million last year.

Company paid €475,000 to landlords last year to surrender the lease on head office

Volkswagen was the most popular make of new car licensed in the first half of 2016, with 10.9 per cent market share.

Volkswagen was the most popular make of new car licensed with 10.9% market share

US ratings agency Moody’s has lowered growth forecasts for the UK and euro zone citing diminished confidence in the wake of the Brexit vote.

US ratings agency said Brexit vote will likely result in a shock to confidence

Dundrum Town Centre has 120 shops, 38 restaurants, a 12-screen cinema as well as 3,400 car park spaces

Company will also take over direction of the Ilac Centre and Pavilions Shopping Centre

Enterprise Ireland chief executive Julie Sinnamon said female-led enterprises accounted for just 7 per cent of new start-ups in 2011. Photograph: Alan Betson

Enterprise Ireland and Network Ireland join forces for ‘Fuelling Ambition’ initiative

The Techies 4 Temple Street 2015 champions Corvil (aka The Core Villains) get training for this year’s tech treasure trail. Photograph: Andres Poveda

More than 160 teams from Dublin’s tech industry to compete in treasure trail

Pepsi reports its results on Thursday.

OneView results; consumer stats; unemployment rate; GDP

Job searches from EU residents looking at working in Ireland were 216 per cent higher in the wake of the Brexit result.

Brexit result led to a 250% spike in searches for jobs in Ireland by worried UK residents

Met Eireann head of forecasting Gerald Fleming and Marine Institute CEO Peter Heffernan will be addressing the Our Ocean Wealth conference.

The theme of the conference is ‘Into the blue – innovating for our marine future’

Inspirefest speakers include Dr Nora Khaldi, who  founded Nuritas to mine the genetic data of plants with the aim of discovering new food components to help prevent, manage and treat disease in future.

Topics to include convergence of arts and technology and rapidly evolving world of work

Irish retail sales figures are due on Tuesday

Irish retail sales; German inflation rate; Irish GDP growth

Next Generation founder and chief executive Linda Davis: said a talent shortage is driving salaries up in Ireland.

Expansion in Dublin and Krakow intended to win bigger client accounts in Europe

Full-year losses narrowed at Irish oil and gas explorer, PetroNeft Resources, narrowed to $7.67 million in the 12 months to the end of December 2015.

Dublin-headquartered oil and gas company posts pretax loss of $7.67 million for 2015

FedEx: results out on Tuesday

A round-up of business events happening this week

 Facebook:  people are beginning to worry about the effect of Facebook’s preference for native video content and instant articles on the engagement level of their outbound links. Photograph: Cyril Byrne / THE IRISH TIMES

Awards have 21 finalists across seven categories

Business lobby group Ibec has said a UK exit would send Ireland, Britain and Europe into uncharted and treacherous waters. Photograph: Niklas Halle’n/AFP/Getty Images

Recent polls show momentum has swung to the Leave campaign

Microfinance Ireland, a not-for-profit lender established by the Government to provide additional lending to small businesses, is to reduce its interest rates by 1 per cent on new loans.

Lender established by Government to help small businesses to offer 6.8% APR

 Pictured  with 4 day old baby Molly, are Enterprise Equity partner Frank Walsh, Partner,  SOSventures European Investment Partner Bill Liao, Metabolomic Diagnostics chief executive Charles Garvey and Prof. Louise Kenny, consultant obstetrician and director of the INFANT Centre.

Biotech company will use funding to help complete screening test for pre-eclampsia

Industry lobby group, the National Offshore Wind Association, has said Ireland needs to develop 3000 MW of offshore wind if it is to reach its EU energy targets.

National Offshore Wind Association maintains State has to develop further to meet EU targets

National Construction Summit: starts Wednesday in the RDS, Dublin 4. Photograph:  REUTERS/Kham

A round-up of business events happening this week

Mary Mitchell O’Connor: launched a public consultation on a report on laws protecting employees. Photograph: Eric Luke / The Irish Times

Friday is the last day for submissions relating to the review of laws protecting employees

Pictured at the launch of CoderDojo Coolest Projects Awards 2016 was young coder Lexi Schoener from Monkstown, Co Dublin with Lightron the robot. The fifth annual CoderDojo Coolest Projects Awards takes place at the RDS on Saturday, June 18th. Photograph: Conor McCabe

More than 10,000 people are expected to descend on the RDS this Saturday

Artfetch chief executive Katie Souros: “Joining a larger company within an extensive market gives us the opportunity to really further the Artfetch goal of making art-buying easy and accessible.”

Artfetch is a curated ecommerce platform that sells the work of over 70 artists

The average age of the first-time buyer in Ireland has risen by five years to 34 over the past decade, according to Real Estate Alliance (REA).

Buyers in their 20s and early 30s absent from the market for properties over €160k

Porsche: results out on Tuesday

A round-up of business events happening this week

Dave McClure of 500 Startups: will speak at AngelSummit in Dublin

Irish start-ups will have the opportunity to meet investors from Ireland, Europe and the US

Dave McGeady of Wyldsson, one of the finalists in this year’s National Enterprise Awards. The overall winner will receive €10,000 to invest in their business

Technology, manufacturing, food, online and energy firms dominate this year

The level of people who felt it was a good time to save fell in May to its lowest point since December 2015. Photo: Bloomberg

Level of people who felt it was a good time to save fell in May to lowest point since 2015

“We are not in the car industry . . . we are in the tourism industry,” says Sixt Ireland managing director Bernard Loughran (far right).

MD ascended to GE management before bringing his experience back home

The delivery tower at  Volkswagen in Wolfsburg: VW’s results are out on Tuesday. Photograph: REUTERS/Fabian Bimmer

A round-up of business events happening this week

Leslie Codd, marketing manager Codd Mushrooms, Willie O’Byrne, managing Director BWG Foods, Philip Morrow, managing director PRM Group, and Leo Crawford,  CEO BWG Group

Indigenous and multinational producers will be able to pitch their wares at major event

Olly Sewell, SMB Partner Management Team, Facebook.

Major technology event in Dublin brings together Irish start-ups and multinationals

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