ESB profits, warehouse costs and Facebook’s ongoing problems

Business Today: the best news, analysis and comment from The Irish Times business desk

Brexit and coronavirus have “catapulted” Dublin into being one of the most expensive locations in the world for warehousing.

Brexit and coronavirus have “catapulted” Dublin into being one of the most expensive locations in the world for warehousing.

 

Households and employers paid an extra ¤250 million for electricity over three months this year as State company ESB earned “super-normal profits”, according to TD Barry Cowen. Barry O’Halloran has the details.

Brexit and coronavirus have “catapulted” Dublin into being one of the most expensive locations in the world for warehousing. Eoin Burke-Kennedy reports.

Irish gifting platform &Open, which raised €6 million earlier this year from a number of leading tech veterans, is to create 100 new jobs over the next 12 months, writes Charlie Taylor.

Cantillon say that the Government’s bizarre stance on air travel only makes things worse and that Allianz abandoning plans to invest in the Irish residential market is a worrying development.

In our Net Results column Charlie Taylor argues that Facebook needs to face up to its problems after another turbulent year .

Prices are rising for businesses and consumers. But what will central banks do in response to the surging rate of inflation? Economics correspondent Eoin Burke-Kennedy explains on our Inside Business podcast why concerns about inflation are mounting across the euro zone and elsewhere. Then technology reporter Ciara O’Brien tells us about the departure of Twitter chief executive Jack Dorsey and what it means for the future of the social media company.

Ciara O’Brien reviews the Garmin DriveSmart 76 satnav.

Through mapping Ireland’s terrain, one company seeks to reduce carbon levels. Ciara O’Brien reports

Chris Horn wonders is there any other alternative to biometric harvesting, for password-less systems?

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