C&F employs roughly 1,400 staff worldwide and supplies contract manufacturing services to firms across several industries from bases in Ireland, eastern Europe, the US and Asia. Photograph: Mark Elias/Bloomberg

C&F says workers at Filipino subsidiary let go due to business efficiencies

A breakdown of the figures in PwC’s latest IPO Watch report showed activity in the second quarter, while poor in comparison to last year, almost tripled the value of funds raised in the first quarter. Photograph:  Philip Toscano/PA Wire

Report shows sharp reduction in firms going public to raise funds in run-up to UK vote

Measure was included as part of package for beleaguered dairy sector

Amalgamated entity will have 28,000 members

The Bank of England: its announcement that interest rates would remain unchanged caused the FTSE 100  to fall back from a fresh 11-month high during the session to finish 15.9 points down at 6,654.47. Photograph: Chris Ratcliffe/Bloomberg

Market slip blamed on Bank of England’s surprise move not to cut rates

   Taoiseach Enda Kenny  navigates the realpolitik of climate change

New report sets out climate roadmap but is the political will there to drive it home ?

Ireland’s farmers face significant changes to how they farm and use land with a reduced beef herd and more emphasis on forestry. Photograph: Brenda Fitzsimons/The Irish Times

Study suggests meeting 2030 emissions targets will be a major challenge for Ireland

The Central Bank said  indicators, such as domestic demand and employment growth, gave a more accurate indication of the economy’s performance.

Agency to convene special group to look into how best to present economic data

The Irish economy is under scrutiny as, to put the latest CSO figures in perspective, it means Ireland is growing at four times the rate of China. Photograph:  Nick BradshawI

From 2015 record surge to 2016 slump: what the hell is going on at Ireland inc?

The umbrella group for off-licences is calling on Government to reduce excise duty and ban below cost selling of alcohol. File photograph: Jessica Gow/AFP/Getty Images

National Off-Licence Association also calls for cut to excise duty

Former  IFA head Pat Smith: The IFA said it was seeking candidates for the post of director general or chief executive officer. The change of title for the group’s top-ranked executive appears to be an attempt to draw a line under Mr Smith’s troubled tenure.  Photograph: Eric Luke

Farmers’ group seeks candidates for post of director general or chief executive officer

 Euronext Stock Exchange,  Paris: European markets made gains on Thursday, ending a three-day slide with London’s FTSE up 1.09 per cent. The CAC in Paris rose 0.8 per cent and Germany’s Dax was 0.49 per cent higher. Photograph: Thomas Samson/AFP/Getty

European markets gain, ending a three-day slide with London’s FTSE up 1.09 per cent

 From left; Larry Murrin, Chief Executive, Dawn Farm Foods (left) says that as a result of the slide in sterling, firms are facing the twin challenges of cost recovery on the one hand and a loss of competiveness on the other. Photograph: Dara Mac Dónaill / The Irish Times

IFA president claims quoted prices failed to reflect current level of demand in market

Live Register shows fall in long-term claimants, albeit overall number is still high

 British Irish Chamber of Commerce director general John McGrane said Ireland could act as a gateway for trade between the UK and the rest of the EU. Photograph:  Nick Bradshaw

Funds close door on wave of investors seeking money back following UK referendum

US decision will allow Irish exporters ship mince used in burgers and other products to the world’s largest beef market

Trading agreement between Dublin and Washington extended to include mince

Irish consumers are having significant difficulties in assessing what a constantly changing global and local economic picture might mean for them.

Latest survey conducted before result of the UK’s referendum on EU membership

Bord Bia chief executive Aidan Cotter

Over 180 from sector attend Bord Bia event on implications of vote

Returning emigrants to expand workforce and slow downward trend in unemployment

Minister for Finance Michael Noonan says George Osborne’s announcement was not as “dramatic at it might appear”.Photograph: Eric Luke

Exchequer returns show tax receipts now running €742m ahead of projections

 Minister Michael Noonan   suggested chancellor George Osborne’s plan to lower the UK’s corporation tax to 15 per cent was less “dramatic” than it sounded. Photograph: Brian Lawless/PA Wire

While we generated more in tax than expected, the Government’s cushion has begun to taper rather than expand

Minister for Finance Michael Noonan. The latest returns resulted in an exchequer deficit for the period of €1.14 billion compared to a deficit of €292 million for the same period last year, albeit last year’s figures were flattered by a €2.1 billion payment generated from the sale of Permanent TSB shares, and a transfer from the national pension reserve fund.

Exchequer data show public finances continuing to benefit from surge in corporation tax

How the UK’s vote affected Irish shares, sterling, bond prices and safe-haven gold

Irish farmers’ group says Brexit has created too much uncertainty

Investec’s latest survey did not capture aftermath of UK’s shock referendum result

Low-budget airline  Ryanair closed up nearly 3 per cent at €11.32. Photograph: Rui Vieira/PA Wire

Wireless Group soars after Newscorp acquisition while Dalata and ICG both fall

EU agricultural commissioner Phil  Hogan said there needs to be more focus on the supply side.  Photograph: Alan Betson / The Irish Times

Commissioner hints, however, that some form of supply control may be necessary

Irish food and drink exports to the UK accounted for 41 per cent of total exports in 2015

Bord Bia survey conducted after UK vote reveals concerns of Irish exporters

The dairy industry here, which accounts for €3.2 billion in exports, has already been rocked by crashing milk prices since the lifting of production quotas last year

Volatility in currency makes €5bn in food exports to UK significantly more expensive

Ireland remains steadfastly against production cuts as pressure mounts

Minister for Agriculture Michael Creed.

‘Finger-pointing at Ireland’ unjustified, says Michael Creed ahead of EU meeting

Global stock markets lost about $2 trillion (€1.8 trillion) in value on Friday after Britain voted to leave the European Union, while sterling suffered a record one-day plunge to a 31-year low and money poured into safe-haven gold and government bonds.

European shares reeling as Wall Street opens with heavy losses

John McGrane, director general of the British Irish Chamber of Commerce at the International and European Affairs (IIEA). Photograph Nick Bradshaw

Head of British Irish Chamber of Commerce questions claims about rediverted FDI

  Blair Horan, former CPSU general secretary, CPSU. Photograph Nick Bradshaw.

Conference told of likely consequences for Ireland of British decision to exit the EU

Farming lobby groups call on Government to set out clear strategy to cope with fallout

Non-Eir operators claim ComReg’s failure to adjudicate leaves an uncertainty hanging over the industry and their operating costs. Photograph:  Maxwells

Regulator still to determine if Eir should shoulder all the cost of rural phone services

  Minister for Finance Michael Noonan and Minister for Public Expenditure and Reform Paschal Donohoe at the publication of the Summer Economic Statement . Photograph: Eric Luke / The Irish Times

Investec suggests Government’s aim to scrap USC puts it on collision course with FF

Ryanair’s chief executive  Michael O’Leary   warns a victory for   Leave  could signal ‘an end to the European project.’

Ryanair boss warns victory for the Leave camp would signal end to European project

Smurfit Library at UCD Smurfit school of business:school’s finance degree ranked 29th in Europe

Smurfit school only Irish business school listed in Financial Times global rankings

Like many Formula 1 innovations, the technology has trickled downstream. Photograph: David Loh/Reuters

Slovak firm c2i aims to provide cheap lightweight structures for motor industry

 Law Society of Ireland figures show  186 solicitors from the UK were admitted to practise here in the first six months of 2016. At this stage last year the number was fewer than 50. Photograph: Eric Luke

Figures from Law Society reveal scale of legal anxiety over Thursday’s EU referendum

Social Justice Ireland Sean Healy: “Investment is needed to produce a well-functioning economy, to develop inclusive labour markets, to ensure adequate income support and to ensure access to high quality services for all.”

Social Justice Ireland warns current public investment in social housing insufficient

Recent figures from ComReg show that  only about 10,000 homes and premises in the Republic are directly connected to fibre broadband, the gold standard of the industry. Photograph:  Andy Brown/Hemera/Getty

Up to 80,000 homes unable to connect to broadband networks without costly interventions

Remain supporters at a pro-EU event in Parliament Square, central London. Photograph: EPA

Anxiety mounts concerning outcome which wiped $1 trillion from stock values

AIB chairman Richard Pym: “As a bank we consider economic risk and the risks arising from a Brexit are extremely high.”  Photograph: Eric Luke

Chairman Richard Pym tells staff decision will have profound economic effect on islands

Minister for Public Expenditure Paschal Donohoeearlier this week highlighted the potential adverse impact of a Brexit on Government projections for the public finances and growth.

Think tank says Ireland’s trade position has already beed damaged by uncertainty

The Bank of England’s monetary policymakers discussed contingency plans to protect the banking system in the event of a Leave  vote. Photograph: Jason Alden/Bloomberg

Release of latest report on UK economy enrages Leave campaigners

Under Pierre-Emmanuel Taittinger’s stewardship the company is thriving, with annual sales of its flagship Brut NV close to a record six million bottles. Photograph: Brendan Smialowski/Getty Images

Taittinger CEO Pierre-Emmanuel on giving up his mistress in retirement and not listening to your kids

Keeping abreast of the changing technological environment in financial services is “quite challenging”, Central Bank Governor Philip Lane said on Thursday. Photo: Eric Luke/The Irish Times

Governor addresses financial services industry on challenge of new technologies

The survey of 15 major European processors, compiled by the Dutch Dairy Board, found Glanbia and Dairygold, which together process about half the State’s milk output, paid the lowest prices in April.

Glanbia and Dairygold paying farmers below European norms, survey finds

Latest CSO numbers still point to strong year for export trade

 Tim Callan from the ESRI. The think tank has said that raising the minimum wage is an inefficient way to reduce poverty. File photograph: Aidan Crawley

New study shows majority of those in need do not benefit from rises in hourly pay rate

Brexit could have a “material” impact on profitability of Irish financial firms, with the UK accounting for about 20 per cent of total revenues of Irish banks, according to the Central Bank. (Photograph: Matt Kavanagh/The Irish Times)

Risks to Irish economy seen as downside as bank forecasts growth of 5.1% for 2016

Commercial Mushroom Producers (CMP) claims the department has limited the amount of aid available to it via expenditure caps

State’s largest producer body initiates legal action, claiming it has lost €12m in funding

Manny Stul, the man behind Australia’s Moose Toys, was born in a refugee camp after the war.

Manny Stul, the son of Polish war refugees, scoops top business accolade

Lavazza says it has measures in place to manage exchange rate fluctuations in all its markets. Earlier this week, the British currency fell to a three-week low against the euro after  polls put the Leave camp in the lead

Italian company sells its produce into the Republic through a distributor in the UK

Not only did vinyl survive the CD revolution, it is now thriving in a music buying industry dominated by iTunes and streaming sites such as Spotify

Boss of GZ Media rides high on revival of old format

The Fiscal Council also noted that the Government’s capital spending plans, which involved an additional €4bn a year to 2021, were extremely modest by historical and international levels. Photograph: Getty Images

Watchdog’s ‘standstill’ estimate reflects pressures posed by inflation, pay and ageing

Crossed wires: the ESB has been in direct competition with Eir in the Irish telecoms markets since last year through Siro

Controversial claim comes ahead of awarding of National Broadband Plan contracts

Speculation surrounded mystery windfall as 90-day deadline approached

Investec’s latest Purchasing Managers’ Index resumes upward momentum

Eir defends price changes, saying they were linked to the company’s increased investment in high-speed fibre broadband. Photograph: Rui Vieira/PA Wire

Telcos say they intend to pass on Eir’s increase in wholesale rates to consumers

Henry Corbally, chairman,  and Siobhán Talbot, managing director of Glanbia: the Glanbia Advance Payment (Gap) scheme was described by the company as a “dynamic volatility measure”. Photograph: Robbie Reynolds

Scheme worth €55m aimed at cushioning farmers from slump in commodity prices

Separate CSO figures this week put unemployment at a post-crash low of 7.8 per cent. Photograph: Daragh Mac Sweeney/Provision

Latest CSO data show number of people on unemployment register fell by 3,600 in May

Latest exchequer numbers buoyed by better-than-expected corporation tax receipts

The report indicated approximately one in seven Irish adults generate a supplementary income via the internet. Photograph: Alan Betson / Irish Times

Minister Naughten publishes two report highlighting importance of digital economy

Aryzta chief executive Owen Killian said Q3 revenues “confirm an improving trend in all regions”. (Photograph: Cyril Byrne / The Irish Times)

Food group struggles to halt slide in investor confidence linked to concern over US arm

Ireland has jumped to seventh in the latest World Competitiveness Yearbook rankings, a rise of nine place and its best performance since 2000.

Latest IMD rankings sees US surrender top spot to Hong Kong and Switzerland

Latest CSO figures show production here grew by more than 18% since April 2015

Artist’s impression of the dripping glacier at the Cool Planet Experience, which is due to open at the Powerscourt Estate in early 2017. Picture: Martello Media

Cool Planet Experience, due to open in 2017, has backing of several top Irish companies

Jarlsberg cheese is similar to Swiss Emmental. Image: iStock

Tine plans to make Jarlsberg cheese for export on Dairygold site in Co Cork

The Motor Insurance Bureau of Ireland (Mibi) has signalled its intention to proceed with a Supreme Court appeal against a decision that it must pay out on the 1,750 outstanding claims left in the wake of Setanta Insurance’s collapse in 2014.

Mibi is appealing court decision that it must cover failed insurer’s liabilities

Shoppers are reflected in a shop window

Latest CSO figures show sales have increases by 5.1 per cent on an annual basis

Comreg is to look at Eir’s role in wholesale market amid anti-competitive allegations. File photograph:  Maxwells

Claims that appointment of regulator’s head of regulatory finance poses conflict of interest

Hostelworld chairman Richard Segal (left) with CEO Feargal Mooney. Photograph: Dave Meehan/The Irish Times

Irish travel website Hostelworld’s shares trade down 30% after poor trading update

The logistics sector, which runs from  freight transport to distribution and other supply chain operations, has seen confidence rise. Photograph: Dara MacDonaill

Despite Brexit worries, CBRE survey finds companies are set to hire more staff

Landmark case could have huge implications for privacy rights in the digital age

 Chairman of Total Produce Carl McCann.

Food distributor issues trading update ahead of its AGM

 Deloitte head of financial services David Dalton and IDA chief executive Martin Shanahan: Blockchain  technology – which underpins the digital currency, bitcoin – can speed up payments and transfer clearances, settlements and reconciliations. Photograph: Robbie Reynolds

Accountancy giant says unit will employ 50 staff when fully operational

More than two-thirds of firms believe the business environment here is continuing to improve, while just 3 per cent say it is deteriorating. Photograph: Getty

Small Firms Association study indicates majority believe situation is improving

Teagasc survey shows dairy incomes only fell by 4% despite collapse in prices

Teagasc’s National Farm Survey shows average income on dairy farms fell by 4 per cent to € 63,020 amid a 20 per cent fall in prices. (Photograph: Matthew Lloyd/Bloomberg)

Average farm incomes up by 6% to € 26,526 Teagasc says but income on dairy farms is down by 4%

Heather Humphreys: once the contracts are in place her department will supervise the rollout of rural broadband

Naughten insists twin-track approach would accelerate much-publicised initiative

Rival telcos say the former semi-State’s fault repair times are too long and fall below European industry norms, a claim Eir rejects

Regulator Comreg says telco should fix 100% of faults on its network within two days

Ryanair shares closed up nearly 3% at €13.58 after reporting a 43% surge in annual profits to more than €1.24bn

Investors continue to speculate on potential timing of US interest rate increase

Joaquim Levy, managing director and chief financial officer of the World Bank Group and former finance minister of Brazil, is in Dublin this week. Photograph: Bloomberg

Former finance minister of Latin American country is now with the World Bank

Access to Eir’s broadband and fixed-line network remains a contentious issue amid allegations the former semi-State favours its own retail arm over rivals. Photograph:   Maxwells

Industry group threatens to take case to European competition authorities

“Strong growth and a rapidly increasing population are putting severe pressure on the country’s infrastructure and public services,” Ibec’s director of policy Fergal O’Brien said. Photograph: Eric Luke/The Irish Times

Employers’ group says capital spending proposals could break fiscal rules

Traders at the  New York Stock Exchange  on Monday. The benchmark US Treasury yield rose after matching a one-month low on Friday. Photograph: Michael Nagle/Bloomberg

Crude oil futures hit a six-month high as consumption begins to outstrip production

First flows via interconnector pipeline were recorded in late March

Paul Drechsler, president of the Confederation of British Industry. Photograph: Joanne O’Brien

UK needs to be in EU, insists Irish-born president of Confederation of British Industry

The Glanbia plant in Belview, County Kilkenny. GII is the State’s largest milk processor  and is jointly owned by the plc and the co-op. Photograph: Eamonn Farrell/Photocall Ireland

Sums paid to 14 individuals significantly more than previously thought

A wholesaler inspects beef carcasses that hang inside a refrigerated room at the Cibevial slaughterhouse in Corbas, France. Photograph: Robert Pratta/Reuters

IFA salutes move by Brussels to withdraw beef from table of trade talks

Chief executive at Kerry Group Stan McCarthy:  He is to resign as head of the group’s co-operative arm amid the company’s ongoing row with suppliers over price. Photograph: Dara Mac Dónaill

Overproduction of milk has seen prices fall from 38 cents a litre to about 25 cent

 Heather Humphreys: responsibility for the broadband strategy has been placed under the remit of the Department of Regional Development, Rural Affairs, Arts and the Gaeltacht, of which she is Minister. Photograph: Dave Meehan/The Irish Times

Much-publicised initiative is being removed from the Department of Communications

Pat McCann (left), chief executive, and John Hennessy, non-executive chairman of Dalata: the hotel group  rose 1.6 per cent to €4.35 ahead of announcing the purchase of a property in Cork, where it plans to build a 121-room hotel.  Photograph: Eric Luke / The Irish Times

In Dublin Smurfit Kappa is buoyed by better-than-expected trading update

Clockwise from top: Tehran’s ancient grand bazaar – Iran has the second largest economy in the Middle East

Trade missions beating a path to Tehran as country’s economy on road to recovery

Acquisition will allow Lakelands process up to 1.1 billion litres of milk a year

Move will allow Cavan-based co-op to process up to 1.1 billion litres of milk a year

Anthony Reidy and  Ger O’Mahoney of PwC Cork with WGPA executive committee members Anna Geary and Valerie Mulcahy. Photogaph: Gerard McCarthy

Professional services firm leases 14,000sq ft space on a 15-year basis

Developer Michael O’Flynn: “There isn’t a single house constructed on the land.” Photograph: Brenda Fitzsimons

Judicial review will run rule over planning refusal for €75m scheme

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