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Kraft Heinz’s shares fell 13 per cent on Thursday morning, taking the decline for the year to 38 per cent. Photograph: Scott Morgan/Reuters

Kraft Heinz, the Warren Buffett-backed food company, has disclosed another $1.2 billion (€1.07 billion) of write-downs, on top of the $15 billion char(...)

Mac-Group founder Paul McKenna: “An idea is not a business.”

In the space of 17 years, Paul McKenna has built his company from having just one employee to becoming the ninth-largest main contractor in Ireland, (...)

Alphabet’s Google moved production of its US-bound motherboards to Taiwan. Photograph: iStock

HP and Dell Technologies plan to move as much as 30 per cent of their notebook production away from China to avert US tariffs, the Nikkei cited anonym(...)

British entrepreneur Mike Lynch leaves the High Court in London.

Mike Lynch, once hailed as Britain’s answer to Bill Gates, denied all claims against him on Wednesday when he kicked off what is expected to be a mont(...)

Apple, which says it is the largest corporate taxpayer in the US, says a new round of tariffs would reduce its competitiveness. Photograph: Regis Duvignau/Reuters

Apple and Fitbit have joined other companies in filing letters of opposition to a Trump administration plan for more US tariffs on Chinese goods, incl(...)

From June 30th people who run into difficulty meeting repayments on finance deals may find it more difficult to get another deal if seeking finance on sums of €2,000 or more. Photograph: Getty

The Central Bank is set to start recording details of personal contract plans (PCPs) for car purchases; hire purchase deals, which can be used to purc(...)

USA soccer player Carli Lloyd (centre) is seen in foosball figurine form, surrounded by representations of her teammates ahead of the Fifa Women’s World Cup. Photograph: Timothy A Clary/AFP

Image of the week: Women’s foosball Women’s soccer is one of the fastest-growing sports in the world and with the Fifa Women’s World Cup kicking of(...)

 Ryanair:  Among a number of airlines whose stocks rose on the back of the Brexit extension. Photograph: Paul Faith/AFP/Getty

Monday Results: Ryanair. Indicators: German PPI (Apr). Meetings: Digiday Brand Summit Europe (Powerscourt Hotel, Enniskerry, Co Wicklow); Future Heal(...)

Kraft Heinz took a $15 billion (€13 billion) writedown in February to reflect a decline in the value of some of its biggest brands

Kraft Heinz’s chief executive is leaving the food company after a profit warning that shook the global consumer goods industry. Bernardo Hees will be(...)

“We’ve seen a significant shift in thinking on cybersecurity over the last few years, with organisations prepared to ‘hand over the keys’ to the AI and allowing it to make the critical decisions and take action where necessary.” Photograph: Getty Images

Artificial intelligence (AI) is going to be used increasingly both to initiate and defend against cybersecurity attacks. That is according to Emily Or(...)

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