BP: Among the biggest drags on the FTSE on Friday. Photograph: AFP via Getty

Dublin closes lower with ICG one of only a few stocks to finish in the black

The ‘UnBlocked Cash’ project is currently undergoing a second-phase trial in Vanuatu with more than 5,000 individuals and 100 vendors participating. Photograph: Keith Parsons/Oxfam

Charity using distributed ledger technology to provide aid more efficiently to recipients

OneProjects founders Christoph Hennersperger and Fionn Lahart

Irish-German medtech company is working on novel breakthrough technology

According to the study, over half of businesses expect to make further redundancies in the coming months

New survey shows one in five companies unsure if they will stay in business

Axial 3D, which prints precise anatomical models from scans, was among the NI tech companies to secure funding last year

New figures show backing for tech companies has risen substantially from 2012

Rove founder and chief executive Brian Kearney: he expects a rebound in adventure tourism once Covid-19 restrictions are lifted around the world

Start-up looking to make inroads into adventure tourism sector

CG Power Systems has been in Cavan since 1977

Change of ownership to lead to ‘signficant investment’ in the manufacturer

DSS technology solves the problem of catering to different users’ devices by proportionately differentiating between 4G and 5G

DSS allows two communications standards to operate on one frequency band

An aerial view of Belfast Harbour

New figures show harbour recorded turnover of £65.9m in 2019, down 4%

The Ireland Strategic Investment Fund  has a minority interest in ALX through its partnership with Lightstone Ventures

Dublin and California-headquartered biotech recently closed a $105m funding round

The CCPC recently wrote to hairdressing associations to warn them of their obligations under competition law. Photograph: Getty Images

Competition regulator says industry must not unilaterally introduce ‘Covid charges’

Cash balances for Applegreen were in excess of €60 million at the end of June

Company said group performance has been above expectations for the last two months

The amendments come after widespread criticism of previous guidance from Revenue. Photograph: iStock

Taxation amendments welcomed by the American Chamber of Commerce Ireland

Workhuman co-founder and chief executive Eric Mosley: “A social recognition platform such as Workhuman helps lead to a focused, energised employee base who are going to work more productively.”

Tallaght entrepreneur Eric Mosley is lining up Irish tech unicorn for stock market listing

Fivetran’s customers include DocuSign, Forever 21, Lime, Square and Urban Outfitters

Company valued at $1.2bn after raising further $100m from backers including a16z

Scurri founder and chief executive Rory O’Connor: “you’re always looking at ways to accelerate growth”

Wexford-based company gets further €1.5m from existing investors to accelerate growth

A range of essential items  will be available for delivery from two Aldi stores in as little as 30 minutes.

Delivery service to be available from two stores in Dublin but could be expanded

The project is an expansion of Microsoft’s Airband initiative

Expansion of Microsoft Airband initiative to provide broadband to up to 200 households

Sensata attributed the Antrim job losses to a “significant drop” in marked demand due to the coronavirus pandemic.

Announcement is in addition to loss of 270 jobs at Carrickfergus plant in phased closure

Malin said it will not materially increase the last disclosed fair value estimate of its €111 million investment in Poseida

Dublin-listed life-sciences investment group did not participate in latest financing

Keywords Studios chief executive Andrew Day

Company makes first acquisition since recent raising £100m in a placing last month

Fenergo founder and chief executive Marc Murphy.

Irish fintech lifts Covid hiring freeze, and expects to have 1,000 employees by year-end

US Software-as-a-Service companies typically opt for London, Dublin and Amsterdam

London, Dublin and Amsterdam are the first location choices for US SaaS companies

The Adapt Centre is focused on developing digital media innovations through its research, which encompasses text, speech and video processing.

Company working with SFI-backed centre to help automate data management offerings

The company is to be co-located at ConsenSys’ offices in Dublin and intends to take on about 20 people.

W3BCloud raises $20.5m as it plans to roll out data centres across the globe

Airbnb is partnering with Safe Ireland and Women’s Aid for the initiative

Company partnering with Safe Ireland and Women’s Aid for the new initiative

The company said the new privacy improvements would give users more control of their data.

Tech giant making auto-delete a default setting across some of its most popular services

Paddy Cosgrave, chief executive and co-founder of Web Summit (centre right) at the official opening ceremony of the 2019 Web Summit in Lisbon. Photograph: EPA/MIguel A Lopes

Tech conference that started life in Dublin to be held both on and offline this year

For the third year in a row, the State is top in the EU for both the employment impacts and sales impacts of innovation

State moves up one place due to exclusion of UK from scoreboard

 CitySwift will provide a tool for passengers that can help them decide when best to travel on buses.  Photograph: Getty Images

New Irish technology aims to ease commuters’ fears about travelling during the pandemic

Sales of gin rose 4.6 per cent to 338.500 cases in the Republic last year.

Off-trade sales are not expected to offset losses from closure of bars and restaurants

Eric Mosley, co-founder of Workhuman.

Tech firm thought to be only the second Irish company to confirm it has hit $1bn valuation mark

Calculations from Taxback suggest employees would be able to claim back €160 to €300 in expenses under a revised flat-rate scheme.

Flat-rate system financially beneficial for remote workers and easier to apply for

 Mainstay’s ReActiv8 device  is used to treat chronic back pain

Company secures FDA approval for its flagship medical device called ReActiv8

Poseida surprised market watchers when it decided not to proceed with an IPO last year and instead raised $142 million from backers in a Series C round

Poseida is one of four priority assets in which the life sciences company has stakes

A new national record of 10.89kg of e-waste was recycled per head of population last year, making WEEE the second-best performing recycling scheme in Europe. Photograph: iStock

WEEE Ireland urges consumers to avoid an e-waste crisis by recycling household items

 Founder and chief executive of eShopWorld Tommy Kelly.

Company a continuation of current volumes would equate to €1bn of sales annually

Middlegame’s Patrick Pinschmidt: “We are excited to put our platform to work on behalf of Irish innovators solving difficult problems and rearchitecting the financial services industry.”

Middlegame, which is closing a €150m fund, runs NadiFin accelerator programme

A spokeswoman for Vodafone confirmed it had recently taken customer care functions in-house.

Company is not renewing contract with outsourcing group Arise

Intercom chief executive Karen Peacock and chairman Eoghan McCabe: firm claims more than a billion end-users for its software platform.

Eoghan McCabe to become chairman with Karen Peacock taking over as CEO

Rob Kniaz, Hussein Kanji and Rob Ludwig of Hoxton Ventures.

Venture capital firm a backer of Irish-founded SuperAwesome, Darktrace and Deliveroo

Robert Lighthizer, US trade representative at Wednesday’s Senate Finance Committee hearing in the US. Photographer: Bloomberg

Warning that suspension of talks between US and Europe could lead to ‘free-for-all’ on tax

There is mounting concern that long-term travel restrictions arising from the Covid-19 pandemic could cause irreparable damage to the conference sector.

Organisers say 90% of conferences planned up to next summer have been cancelled

Revolut claims more than 1 million Irish customers and over 12 million globally

Fintech’s customers can now view other bank accounts through the Revolut app

5G brings faster speeds,  increased security, reliability and lower latency

Number of subscriptions forecast to rise to 2.8bn by the end of 2025, up from 190m now

Skillsoft was acquired in 2010 by SSI Investments, a firm funded by Berkshire Partners, Advent International and Bain Capital. The group was sold on to Charterhouse in 2014.

Company established global headquarters in Ireland after merging with Smartforce

The Republic’s highest overall position in the prestigious rankings was achieved in 2000 when it was named the fifth most competitive economy globally

State falls out of the top ten countries due largely to lower international investment

Leonora O’Brien, chief executive of PharmaPod, the first of this year’s 24 finalists to be notified by Roger Wallace, partner lead for the EY Entrepreneur Of The Year awards. Photograph: Naoise Culhane

Tech and life sciences businesses well represented in addition to traditional players

Planning permission for houses was up 3.9 per cent year on year

Permission granted for 9,698 apartments units, up 274.2% versus first quarter of 2019

Technology companies have heeded the call to alleviate the crisis.

Top 1000: From medtech to the Internet of Things, the sector has come up with innovative solutions

Niall Phelan and Catherina Butler of The Naked Collective:  The “super drinks” benefit from brewing techniques that involve immune enhancer beta glucan being added. Photograph: Tony Gavin

Company led by Rye River founder launches range of health drinks under Mude brand

The Republic continues to rank first in Europe for the integration of digital technology. It also maintains the lead for use of ecommerce by SMEs.

Study shows Ireland in sixth place overall in Europe, having made most progress in EU

Centrica is reducing its global workforce by about 20 per cent

Dave Kirwan to return as MD of Irish business as group also announces new CFO

A poll of IoD’s 3,000 members found that 90 per cent of them back a temporary change to company law to allow for virtual agms. Photograph: iStock

Institute of Directors says motions carried at virtual agms should be legally binding

The median number of contacts per diagnosis has risen to close to 3.5 per person, compared with an average of two per person when full restrictions were in place. Photograph: Alan Betson

In one case diagnosed with Covid-19, the individual named 25 contacts

APC chief executive Mark Barrett: ‘Never before has the combination of novel vaccine and processing sciences been so important to the world.’

Irish company working with Australian vaccine developer Vaxine on new candidate

Britain is expected to experience the worst downturn among the countries covered by the OECD, with its economy forecast to contract 11.5% in 2020 before recovering 9% next year.

Global economy expected to contract 6% this year before rebounding in 2021, says OECD

The Irish companies to receive funding are Aquila Bioscience, Kastus Technologies, Remedy Biologics, Sirius XT and an Irish subsidiary of Exvastat. Photograph: iStock

More than 1,400 applications made for European Innovation Council accelerator

Intercom co-founders Eoghan McCabe, Des Traynor, David Barrett and Ciaran Lee

Irish tech firm recently laid off 39 staff including some in its operation here

Iconic Translation Machines management team Dr Páraic Sheridan, co-founder, Diane O’Reilly, global head of business development, and Dr John Tinsley, co-founder

DCU spin-out language software company acquired by RWS Holdings in €17.8m deal

Drop has developed an operating system for the kitchen

Backers include Steve Horowitz, who led development of Android operating system

Nordic Aviation Capital customers include Irish-based Stobart Air, the carrier that provides Aer Lingus’s regional services under contract

NAC also applies to the High Court for possible debt standstill and deferral arrangement

Provisional figures published on Friday show there was a 4.6 per cent rise in GDP compared with the same quarter a year earlier.

Net shipping of goods and services increases by almost €1.9 bn in the first three months

Retail trade volume fell by 21.9 per cent in the Republic in April versus the previous month.

New stats show trade volumes declined by 11.7% in the euro zone, and by 11.1% in the EU

MyBio said the test, which it claims is the most accurate one currently available locally, could play a critical role as the lockdown eases and more people return to their workplaces

Life sciences company signs exclusive distribution deal with German manufacturer

The ECB said it would increase the size of emergency bond purchases by €600 billion to €1.35 trillion. Photograph: iStock

Commission backs €250m Restart Fund and a €200m scheme to produce Covid solutions

The European Commission has also approved a €200 million Irish scheme to support research and development, testing and production of coronavirus-related products

Commission backs €250m Restart Fund and a €200m scheme to produce Covid solutions

All restaurants  are operating with reduced hours of between 11am and 10pm and with limited menus

More than 1,000 restaurants reopening this week across Ireland and Britian

Randox founder and managing director Peter FitzGerald. Photograph: Colm Lenaghan/Pacemaker

Antrim-headquartered diagnostics company working on UK testing programme

Headquartered in Cork, Keelvar also has offices in Dublin, Dallas, Pittsburgh, London and Berlin

UCC spin-out manages over $90bn in spend annually for blue-chip clients like BMW

Jurys Inn Cork. The group’s Irish hotels are set to reopen on July 20th

Hotels group introduces five-point plan to ensure health and safety of guests and staff

The HSE’s contact-tracing app was supposed to launch in early but has been pushed back a number of times

ICCL teams up with experts for framework for State’s proposed app to stop Covid-19

Over  50,000 tonnes of apples are used every year to manufacture cider locally.

Industry body calls for Covid-19 supports as sales decline for first time since 2015

Expanding your horizons: The site allows users to work out lockdown limitations

Hastily assembled 2kfromhome site has been a huge hit

ADSIL, which provides data hosting services to other group businesses, paid corporation tax of € 11.7 million last year

Revenues rise to € 2.48bn in 2019, more than double what they were two years earlier

Shorla Pharma founders Orlaith Ryan and Sharon Cunningham.

Female-led healthcare company is redeveloping treatments for women and children

MyWallSt founders Emmet Savage and John Tyrrell.

Irish company now rolling out products for organisations as well as consumers

The face mask coverings have been designed by Irish comic book artist Will Sliney

New coverings to encourage children to wear face masks while onboard EasyJet flights

Re-Vana said the investment will primarily be used to advance its proprietary biodegradable technologies for the delivery of therapeutics. File photograph: Getty

Drug delivery company is focused on treatment of chronic eye diseases like Glaucoma

Dublin fell 10 places in the latest rankings to 54th place globally.

State is ranked in 18th place overall with nearly all Irish cities declining in rankings

 Shaun McCarthy:  “I was doing it because I honestly thought we had a chance of winning.” Photograph: Eric Luke

Book review: Barry Whyte’s book paints McCarthy not as a chancer but as a true believer in what he could achieve

Jameson Irish whiskey   sold 8m cases globally  last year, up from 7.2m a year earlier

Jameson remains market leader, but McGregor’s Proper No Twelve becomes fourth biggest brand in global sales

Kollect founder and chief executive John O’Connor

Start-up refocuses sales on construction sites as Irish economy slowly reopens

Around 50,000 extra people purchased health insurance after the community rating came into effect

Research suggests many first-time buyers bought cheap plans with limited benefits

The data shows consumer lending was also significantly impacted by the coronavirus crisis, with a € 277 million decline in April

Covid-19: New figures from the Central Bank show deposits rose by record €3bn in April

Starling Bank founder and chief executive Anne Boden

Fintech led by former AIB chief operating officer, has now raised £363m to date

The US continues to be the most active investor country for Ireland, accounting for 61% of 2019 projects. File photograph: iStock

The State is now in eighth spot in a ranking of most attractive European locations for FDI

The US continues to be the most active investor country for Ireland, accounting for 61% of 2019 projects. File photograph: iStock

The State is now in eighth spot in a ranking of most attractive European locations for FDI

Children are estimated to account for 40 per cent of all new internet users.

SuperAwesome announces partnership with the world’s biggest advertising agency

The impact of Covid-19 on the foodservice sector will be significant, with the market potentially experiencing a near €5bn  decline in revenues

Bord Bia paper predicts that even in ‘best case scenario’ turnover will fall by close to €4bn

Primary Health Properties raised £70 million through a loan note issue late last year to finance the rollout of its chain of health centres in Ireland

Arklow GP clinic will be 17th in Ireland for London-listed investor

Rush hour traffic in Dublin. A new report warns of tought times ahead for the city

New report suggests that some tourism and retail jobs impacted by Covid-19 may never return to the capital

Trinity Biotech develops, manufactures and markets diagnostic systems for the point-of-care and clinical laboratory segments of the diagnostic market.

Irish life sciences company also at advanced stage in developing 12-minute diagnosis test

Dublin port accounted for 63 per cent of all vessel arrivals here in the fourth quarter

Main Irish ports handled 12.8m tonnes of goods in the fourth quarter of 2019

Gabriel Makhlouf, who succeeded Philip Lane as Central Bank Governor in September 2019, received remuneration of €95,597 for the four months to the end of December

Total marks rise from 210 in 2018 and 162 a year earlier

Harry Hughes, managing director of Portwest, said PPE sales normally represent 6 per cent of its annual sales, but this has jumped to 40 per cent in the midst of the global coronavirus epidemic. Photograph: Richie Stokes

Six containers of safety equipment seized in March

Regeneron continues to expand in Limerick with construction ongoing for a new laboratory and office building.

Pharma giant working on Covid-19 antibody cocktail employs 1,000 at former Dell facility

Stripe founders Patrick and John Collison. Photograph: David Paul Morris/Bloomberg

Expansion, which is being led by Dublin office, means company now in 39 countries

Nama paid an outstanding €56 million to private equity investors on Tuesday

Agency to make the first payment of a €4bn surplus transfer to the exchequer shortly

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