Former president of the European Parliament Pat Cox. “My strong hope is that they can collectively find the wisdom to work together on a solution that is viable and acceptable to both sides”

Ibec says turmoil in Greece over recent months highlights folly of economic brinkmanship

In Dublin Kerry Group ended the day 0.87 per cent lower at €66.18

Providence gains 3.2% on acquisition of Atlantic Petroleum’s 4% stake in licence off southwest coast of Ireland

Philip Smith, former chief executive of insurance company RSA, was awarded €1.25 million by the Employment Appeals Tribunal for constructive dismissal.

Insurance company ‘astonished’ by amount of award made by employment tribunal

Officer Commanding LÉ Samuel Beckett Lt Cdr Anthony Geraghty, Minister  for the Marine Simon Coveney, Conor Healy, chief executive  of Cork Chamber, and Bord Iascaigh Mhara chairman Kiernan Calnan. Photograph: Darragh Kane

From 2012 to 2014, ‘blue economy’ continued to outperform national economy, with growth rates of 8%

Samsung president of corporate affairs Sangwoo Kim: one of the speakers at  Asia Business Week

Week to focus on how Ireland can increase business with Asia, through a business and cultural events to promote business learning(...)

Jack Dobson, co-founder of Dunbia.

‘We have taken no dividends as we are focused on growing the business’

Terry Knox, chief executive of CD Group.

‘There is no such thing as bad advice’

Kenneth Greene, Greene Farm Foods founder and managing director.

‘I grew up on a family farm . . . I always wanted to own my business’

Paul Young, co-founder and chief executive of Kilkenny-based Cartoon Saloon.

‘If we have a fan in Donegal or Kansas they can find our film on Netflix’

The number of people employed by US companies in Ireland, such as Google, now stands at an all-time high of 140,000. Photo: Cyril Byrne/The Irish Times

American Chamber says two-thirds of Irish people underestimate level of employment in US firms

One51 group chief executive Alan Walsh said IPL gives the company access to significant new markets.

Acquisition will significantly increase Dublin headquartered One51’s international reach

On-demand cleaning start-up, co-founded by Irish woman Jules Coleman, has been acquired by German rival Helpling.

Helpling and Hassle enable customers to book cleaners online or via smartphone app

Sean O’Sullivan, managing director of SOSVentures

Poor New York boy makes good – and this rags-to-riches story takes in high school janitoring, a near-death helicopter experience, (...)

Minister for Business and Employment Ged Nash at the launch of ProSeeder’s European technology centre with Colm Browne, director of European Operations, and Lorcan Wogan, software engineer, ProSeeder, and Michael McLoughlin, chief executive of ConnectIreland.

Company has 160,000 Irish customers and 200,000 UK customers across its 14 brands

AIB has said no redundancies will result from its plans to outsource a number of services within its application development and maintenance division. Photo: Alan Betson/The Irish Times

Finance union IBOA urged bank to reconsider strategic implications of outsourcing IT activities

The number of people signing on the Live Register fell by 2,300  in June.

356,520 people signed on last month, an annual decrease of 42,293 or 10.6 per cent

Ryanair has reported a 14 per cent increase in passenger numbers for June. Photo: Alan Betson/The Irish Times

Airline carried a total of 9.5m passengers last month, up from 8.3m in June last year

Malin will appoint three directors to the board of 3D4Medical, including former head of Google Ireland John Herlihy. Photo: Cyril Byrne/The Irish Times

Life sciences firm will appoint former Google Ireland head John Herlihy to 3D4Medical board

Permanent TSB has said it will allow about 70,000 mortgage customers on standard variable rates of 4.5 per cent to move to new rates that will start from 3.7 per cent. File photograph: Alan Betson/The Irish Times

Taoiseach hints October’s budget could be used to ‘deal with the banks’ on issue

Crowdfunding site Indiegogo has crashed following a wave of donations to bailout Greece.

More than €700,000 donated by public to bailout campaign for Greece

Retail sales decreased by 0.3 per cent last month, according to figures from the Central Statistics Office (CSO). Photo: Brenda Fitzsimons/The Irish Times

Sector with largest monthly decrease was food, beverages and tobacco which fell 4.8%

Approximately 2,461 mortgages were approved per month, in the three months to the end of May 2015. Photo: Aidan Crawley/Bloomberg

Average monthly value of mortgage lending increases to €52 million

Petroceltic chairman Robert Adair said the exploration firm  generated $157 million of revenue from oil and gas sales last year. Photo: Dara Mac Dónaill/The Irish Times

Exploration firm writes-off $183m due to unsuccessful wells in Kurdistan, Romania and Egypt

AbbVie chief executive Rick Gonzalez and Taoiseach Enda Kenny at the official opening of the newly expanded AbbVie facility in Sligo last year.

Biopharmaceutical company to create 50 new jobs over next four years in Ballytivnan

Davy Stockbrokers said the operating environment remains challenging for drinks group C&C across key markets. Photograph: Bryan O’Brien

Owner of Bulmers cider and Tennent’s lager reported revenue growth of 10.3 per cent for the year to the end of February

HTC: Results on Wednesday

A round-up of business events happening this week

Advances in seafood and seaweed processing  will be among the topics discussed

NutraMara, the Marine Functional Foods Research Initiative, will host event showcasing new ideas

IIS chief executive Morgan Browne

‘Access to credit in the Irish market is still very much based around property’

Catherine O’Neill, managing director of Amelio Group

The managing director, who is now 25, began the business on her parents’ kitchen table

Darragh Richardson, founder of Agile Networks

‘Don’t say yes if you really mean no. This is a particular trait we have in Ireland’

Dave O’Flanagan, chief executive of Boxever

The company offers a data solution so travel firms can improve the customer experience

Shares erased a decline of as much as 0.8 per cent after an official said Greece’s creditors proposed a five-month extension to the aid programme and €15.5 billion in disbursements to help seal a debt agreement. Photograph: Simon Dawson/Bloomberg

Talk of extension to bailout programme erases decline in European stocks

Morgan Browne: said about 30 of the jobs would be in Ireland, with the remaining 20 based abroad

New positions come as company experiences sustained growth

Anne Heraty: 2006 EY Entrepreneur of the Year and Cpl Resources chief executive

Irish entrepreneurs will gain exposure to leading local business leaders and consultants

DublinBeta: “It’s a really diverse audience and start-ups can get feedback on their app, technology and business,” according to organiser Gene Murphy

Quarterly event is in its 14th year and acts as a networking platform for Irish start-ups

Slainte Healthcare chief executive Andrew Murphy and Beacon Hospital chief executive Michael Cullen.

Sláinte Healthcare signs multimillion-euro deal to instal medical record software

BlackBerry: results out on Tuesday

A round-up of business events happening this week

Graham Stubbs: chief executive of Diona, a company which provides enterprise mobility solutions and consulting services

‘Being surrounded by brave people is often the difference between giving up and doing what is necessary to succeed’

Alyson Hogg: ‘I come from Northern Ireland, where the mantra would be to keep what you have made for the family. Taking investment is viewed as a form of failure.’

‘The hardest thing I have ever done was to sell part of the business to survive’

Frank Madden: founder and director of Crest Solutions, a provider of machine vision inspection and track and trace solutions to packaging and manufacturing sites

‘The best advice given to me at the beginning was to do more than you are paid for, take responsibility and finish every job regar(...)

Denise Tormey:  president and co-founder of PlanNet 21, a specialist integrator of technology solutions

‘Our unique selling point would be our ability to adopt new technologies in our area fast and effectively become market leaders’ (...)

 Declan Black, managing partner Mason Hayes & Curran.  Photograph: Eric Luke / The Irish Times

Once a travelling book salesman, Declan Black is now managing partner at Mason, Hayes & Curran

Prof John Morrison:  current cloud service delivery models were inefficient with regard to energy consumption

CloudLightning aims to develop a power-efficient cloud computing infrastructure that will simplify access to cloud resources

Permanent TSB finished the day up 2.8 per cent at €4.45 following a positive note from Bank of America

Wall Street slightly higher as US weighs up chance of a Greek deal with creditors

EMC vice president Bob Savage, Minister for Jobs Richard Bruton and Vodafone chief executive Anne O’Leary. EMC and Vodafone have co-invested €2 million in a new Internet of Things innovation platform.

Platform will allow businesses to test IoT solutions in areas such as manufacturing and health

 Smurfit Kappa chief executive officer Gary McGann. The packaging company  has announced a €60 per tonne increase in recycled containerboard prices. Photo: Alan Betson/The Irish Times

Packaging group to be added to the S&P Europe 350 and S&P UK indices

DecaWave chief executive Ciaran Connell said the funding will be used to quicken the development of the company’s next–generation technology.

Irish semiconductor firm will use funding to accelerate the development of its technology

Pointy cofounders Charles Bibby and Mark Cummins  say shops worldwide have similar problems to the Irish retailers, which means their start-up can be scaled globally. Photograph: Colm Mahady/Fennells

Pointy is hoping to keep €3.6 billion in online sales in Ireland

A wind farm development at Bruckana on Bord na Móna’s cutaway peatland on the Laois, Kilkenny, Tipperary borders. Photograph: Niall Carson/PA Wire

Wind energy firms put €800m of infrastructure on show to interested businesses

Intel vice president Margaret Burgraff will be among those who will speak at the three-day sci-tech festival Inspirefest

Three-day event aims to showcase diversity and leadership in Stem sectors

Michael O’Dwyer: chief executive of TyreCheck, a supplier of business automation, fleet and tyre management, customer relationship management and tyre sales solutions to the global tyre market

‘I had a situation in a previous business where we had to downsize. Telling a colleague they no longer had a job was by far the ha(...)

Michael Hoyne: founder of Merlyn Showering, a provider of shower doors, shower enclosures and bathroom accessories

‘There is a risk of believing you know it all . . . You have got to understand where your weaknesses are, and surround yourself (...)

Seán Brett: founder and chief executive of Steeltech Sheds

Brett’s first business venture was at 13 when he bought and grew 18 apple trees

Eoin Goulding, CEO of Integrity Solutions, who is a finalist in the EY Entrepreneur of the Year awards.

“Working late nights, weekends and while on holidays is vital to drive a business forward”

 Royal Dutch Shell chief executive Ben van Beurden. In London, the company’s shares fell 2.1 per cent, trimming nearly 10 points off the FTSE 100.  Photograph:  Benoit Tessier/Reuters

European stocks slide as doubts grow over Greek ability to renegotiate its debt

The Revenue Commissioners said 20 disclosures have been made in advance of the Tax-Avoidance Settlement Opportunity deadline  and about €7 million in tax and interest has been paid. Photograph: Joe St Leger

Payments made in advance of Tax-Avoidance Settlement Opportunity deadline

Greenfinch Technology’s contract with Sherwood Compliance Services will cover the design and development of a number of new technology systems based on the Microsoft Azure platform and mobile technologies such as Microsoft Surface, Apple iPad and Google Android.

Dublin-based firm days deal will ‘support a number of new jobs in the immediate future’

 The National Treasury Management Agency (NTMA) raised €750 million in a bond auction today.

Euro zone yields fall after successful auctions and Bank of Ireland also raises €750m

Mainstream’s Jeffreys Bay wind farm in South Africa.

Two wind farms represent an investment of approximately €420 million

Almost 70 per cent of adults believe the expectation among Irish people of owning their own home is unrealistic, according to a new survey by Aviva Home Insurance. Photo: Cyril Byrne/The Irish Times

New research reveals 69% of people believe Ireland will become a nation of renters

An aerial view of the ESB Poolbeg power station: the ‘ESB Powering Potential Expo’ will explore the future of energy for consumers and businesses. Photograph: Frank Miller/The Irish Times

The ESB’s innovation and technology expo in Dublin will focus on smarter energy use

Korean Air Lines: results out on Monday

A round-up of business events happening this week

Brian Thornes,  founder and chief executive of X-Bolt Orthopaedics.

The lightbulb moment was when I was using expanding-type bolts to secure a plasma TV

Donald Fitzmaurice and Padraig McBride, founders of Brandtone.

We realised that mobile provides the best way for brands to engage consumers in developing markets

EY Entrepreneur of the Year emerging catergory finalist: Alan Coleman, founder of Brite:Bill

We generate over 80 per cent of our revenue from international markets

Ben Harris, chief executive and co-founder of Drop

‘We saw the array of connected products being released across the home and felt the kitchen was really underserved’

Sean O’Sullivan of SOSVentures: nominated among the international finalists for EY Entrepreneur of the Year.

Finalists were selected by panel chaired by 2006 EY Entrepreneur of the Year, CPL Resources chief executive Anne Heraty

Passenger numbers at Aer Lingus rose last month, with transatlantic traffic up 10.9 per cent. Photo: Niall Carson/PA Wire

Transatlantic traffic rose 10.9 per cent to 143,000 between May 2014 and last month

Juniper Research is forecasting the telematics sector will continue to outperform all other M2M (machine to machine) markets over the next five years, in revenue terms, with connected cars accounting for 20 per cent of the global car industry by 2019. Photograph: Dario Pignatelli/Bloomberg

Machine-to-machine market revenue to double by 2019, research finds

Kenny Jacob, Ryanair’s chief marketing officer, and a speaker at the Connect conference in Kerry Airport Kenny Jacob, Ryanair’s chief marketing officer, and a speaker at the Connect conference in Kerry Airport

It is the first time an Irish airport will be the official host for the three-day conference

Out Wednesday: US trade balance (Apr). Photograph: Getty Images.

A round-up of business events happening this week

In the case of loans for house purchase, repayments exceeded drawdowns by €2.1 billion over the 12 months to end-April. Photo: Alan Betson/The Irish Times

Household loan repayments exceeded drawdowns by €283 million during April

Retail sales volumes increased by 0.5 per cent last month, and are up 11.9 per cent on an annual basis, according to new figures from the Central Statistics Office (CSO).

Sector with largest monthly increase in April was department stores which rose 11.6%

The ship bringing the Hibernia Networks Project Express cable into Cork

Transatlantic subsea cable the first modern fibre-optic cable connecting North America to Europe in more than 12 years

John Whelan: “As cyber risk becomes more sophisticated, and more prevalent, businesses are exposed to increasing risk to their reputation and their bottom line.”

Cyber risk study conducted by Red C for A&L Goodbody find most firms not fulfilling basic requirements

Among Ireland’s challenges in 2015  were maintaining focus on cost competitiveness. Photograph: Thinkstock

US retains top position out of 61 economies, followed by Hong Kong and Singapore

Dublin heavyweight CRH ended the day down 0.44 per cent at €25.62

Irish shares decline but market open in name only, says Dublin stockbroker

As ground control manager at Airbnb, Dan Skold’s jobs involves making the technology company a cool place to work. “We like to think of ourselves as the ‘ninjas of culture’ and we have a very unique opportunity to shape the direction of this company as it is really taking off.”

From head of mischief to beer brewer we profile some of the coolest jobs among this year’s Top1000 companies

The Keenan Systems mixer. The company develops feeding machines, which are used by thousands of farmers from Canada to China, to give their livestock the optimal mix of food. The machines are connected to the cloud allowing for a real-time feed of information

Ireland’s biggest export is food and some of its largest companies are food-related, offering huge opportunities

IDA CEO Martin Shanahan: a speaker at the Silicon Valley Global Tech Summit. Photograph: Aidan Crawley

Irish tech gathering will also focus on big data, agtech, cloud and changing VC trends

Michael O’Leary chief executive of Ryanair: airline is due to report full-year results. Photograph: Matthew Lloyd/Bloomberg

Michael O’Leary’s airline has raised full-year profit guidance five times this year

Abercrombie & Fitch: results out on Thursday

A round-up of business events happening this week

HSBC, Europe’s largest bank, said it’s exploring the sale of its Brazil operation. Photo: PA Wire

Europe’s largest bank is retreating from unprofitable markets to reduce costs

The National Treasury Management Agency (NTMA) has sold €500 million of six months treasury bills at a yield of - 0.03 per cent. Photo: Eric Luke/The Irish Times

Auction follows last week’s sale of seven-year bonds, which raised €750 million

Peter Sutherland is to retire as chairman of Goldman Sachs International, after 20 years in the role. Photo: Aidan Crawley

Former attorney general will continue to provide strategic advice to investment bank

Clontarf Energy chairman John Teeling. The oil and gas exploration company  reported a loss of £274,196 for 2014.

Chairman says fall in oil price was a further blow to weakened corporate structures

Treehouse co-founder and CEO Ryan Carson speaks on stage at Web Summit sister event Collision, in Las Vegas.

Employees work four-day weeks and voted to remove managers from the company

Phridge Team: winners of the 2014 PCH Hardware Hackathon. photograph: alan betson

Participants will be invited to pitch ideas to the crowd and attract attendees to form design and production teams

While British supermarket chains like Morrisons are struggling with the migration of consumers to discounters and convenience store formats, Greencore’s UK food-to-go business is benefiting from this migration

Greencore group revenues rose over 4 per cent in first quarter of its financial year

Partner lead for the programme Kevin McLoughlin, programme director Sean Duffy and  judging panel chair Anne Heraty. Photograph:  Maxwell’s

The finalists employ more than 5,000 people and generate annual revenues of €1.5bn

US-Ireland Research Innovation Awards 2015: Prof Oliver Dolly (DCU) and Mary E Daly (president of RIA) with Eamonn Sinnott  (president of the American Chamber of Commerce Ireland), Eddie Cullen (from Ulster Bank) and Shawn Murphy from KPMG. Photograph: Aidan Crawley

Xilinx Ireland, Alimentary Health and Dublin City University named overall winners

The number of residential mortgage accounts in arrears of 90 days or less increased between February and March.

Latest data also show rise in mortgage accounts in arrears of greater than 720 days

Irish Ferries owner Irish Continental Group recorded higher revenues and operating profits in the first four months of the year. Photo: Eric Luke/The Irish Times.

Operating profit increases to €4.4m in first four months from loss of €2.3m

FBD group chief executive Andrew Langford  and chairman Michael Berkery. FBD has said trading conditions in the Irish insurance market “remain challenging”. Photo: Eric Luke/The Irish Times

Insurer says continuing uncertainty in the claims environment will impact profitability

 Hibernia REIT non executive director Colm Barrington, chairman Daniel Kitchen, and non executive director,Terence O’Rourke. The property investment company  has invested €445 million in Dublin properties  in the year to March 31.

Company’s portfolio comprised 18 properties and was valued at €636m at year end

David Crowley, managing director of network enablement at Microsoft, says cables will help deliver data at higher speeds, with higher capacity and lower latency for Microsoft customers across the globe. Photograph: Jim Young/Reuters

Software giant aims to have edge over competitors and expand reach of cloud business

Security risk: 61 per cent of firms have policies regarding the cloud, but only a third of employees are aware of them

Survey finds that 53% of workers share work documents and data through cloud services

Taoiseach Enda Kenny says delivery of high-speed broadband to rural Ireland is a key part of ensuring economic recovery reaches every community. Photograph: Eric Luke/The Irish Times

Enda Kenny welcomes Eircom’s pilot scheme in Mayo for high-speed internet connectivity

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