25 May 2013
18:13, Fearghal O'Connor
The Labour Court has recommended that Aer Lingus inject €110 million into the company's pension scheme and individual staff payments of €5,850.
16:46, Post Reporter
Dermot Desmond talks up Irish economic default, 110 new tech jobs created and Google adds biking direction to Google Maps in Ireland. Friday's top stories at a glance.
16:26, Richard Curran
Dermot Desmond's remarks today about the possibility of an Irish economic default may only be stating the obvious, writes Richard Curran.
15:54, Post Reporter
Google has added biking to directions to the list of features available for Google Maps in Ireland.
The Council of the Irish Medical Organisation (IMO) has deferred making a decision on the Haddington Road Agreement on pay and terms in the public sector.
15:30, Bloomberg News
Potential bidders for the retail unit of Bord Gáis Eireann were given a June 12 deadline to submit offers, said two people familiar with the sales process.
15:25, Post Reporter
Intel has announced €1.2 million in research funds for UCC's Tyndall National Institute over the next three years.
15:15, Post Reporter
Taoiseach Enda Kenny said today that the government is aiming to increase the turnover of Ireland's ocean-related "blue economy" to €6.4 billion by 2020.
14:09, Bloomberg News
Dermot Desmond, the third-richest Irishman, said the “government debt problem will be solved either by a default or hopefully controlled inflation.”
13:20, Post Reporter
The Central Bank has welcomed recommendations to improve IT and payment systems used by Irish banks. The review was spurred by a major IT glitch in Ulster Bank last year.
12:58, Post Reporter
A positive report on order for US durable goods has halted a fall in Irish and European markets. The Iseq remains down 0.2 per cent for the day.
12:20, Catherine O'Mahony
* More than 110 jobs at tech firms. * 54% of hotels see turnover rise. * Startup of the day: InEvents. * Top Tips for the Weekend.
12:18, Bloomberg News
Bank of Ireland chief executive officer Richie Boucher said that Ireland's largest lender has enough capital to absorb bad loan losses.
12:04, Fachtna Kelly
Fachtna Kelly looks ahead to the Champions League final, Leinster’s clash with Ulster in the RaboDirect Pro12 final and Ireland versus England at Wembley.
11:52, Post Reporter
Use of the world's biggest social networking site has declined by nine per cent in Britain, with users citing advertising fatigue and privacy concerns.
10:34, Post Reporter
The Central Bank has warned about an unauthorised investment firm, Nelson Capital Advisors, which has been offering services here.
09:52, Jim Power
The pillar stone of Ireland’s tax policy is a nominal corporation tax rate of 12.5 per cent, but the effective tax rate can be reduced significantly, writes Jim Power.
09:36, Bloomberg News
Google’s share of the display ad market reached 24 percent during the first quarter in the U.S. with competitors Yahoo and Facebook each holding less than 10 percent.
08:44, Elaine O'Regan
Today's startup is the organiser of this weekend's Just4Kids show in Dublin's RDS, showcasing child-friendly products and services.
08:20, Post Reporter
London's Heathrow Airport has been closed and the passengers and crew have been evacuated from an aircraft.
07:58, Catherine O'Mahony
Share markets recovered across Europe this morning after steep declines yesterday.
07:36, Post Reporter
The German economy’s return to growth in the first quarter was hampered by weakness in construction activity and investment as the severe winter and recession in Europe undermined demand.
Fifty four per cent of Irish hotels saw turnover increase in 2012 and 67 per cent of hoteliers expect the tourism industry to improve within the next three years.
Royalty Pharma, the company that is bidding to take over Elan, said it had acceptances representing 0.01 per cent of Elan shares at 1 pm on May 23rd.
UPDATE: Advant Medical is to invest €2.4 million in a major development programme and create 34 new jobs at its Galway plant over the next three years.
06:09, Post Reporter
Three different technology firms - two in Dublin and one in Galway - have announced plans to add jobs in the next three years, with backing from the government through Enterprise Ireland.
Technology firm VoiceSage is to add ten new jobs in Dublin after securing more funding from Enterprise Ireland
06:00, Catherine O'Mahony
EU moves to crack down on tax evasion; Twitter rolls out TV ad product; Abtran to run call centre for Irish Water: these stories and more in today's papers.
Cubic Telecom, a company specialising in global mobile connectivity, will create more than 70 new jobs over the next three years as part of an investment by Enterprise Ireland, supported by the Department of Jobs,Enterprise and Innovation.
05:11, Nadine O'Regan, Books & Arts Editor
Stuck for entertainment ideas this weekend? Nadine O'Regan has the solution: Daft Punk, Khaled Hosseini's new novel and a John Hughes season at the LightHhouse Cinema.
05:03, Post Reporter
CRH has warded off Microsoft and Google to retain the top spot in a new list of Ireland’s top 1,000 firms, with a turnover of €18.7 billion.
16:33, Catherine O'Mahony
Dublin’s Iseq index fell 0.7% as European markets everywhere took a heavy pounding.
16:22, Catherine O'Mahony
The main business stories on Thursday:
16:22, Post Reporter
Royalty Pharma said it had cut the acceptance threshold for its bid for Elan to 50 per cent plus one share, down from the 90 per cent threshold set originally.
16:03, Post Reporter
"I was asked to exhale into a breathalyser. I did so but failed to fully complete the task due to my being asthmatic."
15:41, Post Reporter
Specialist insurer Ecclesiastical Ireland has received almost 100 metal theft claims from churches across the Republic of Ireland and Northern Ireland in recent years.
15:23, Post Reporter
The Carlton Atlantic Coast Hotel in the upscale holiday town of Westport is for sale at an asking price of €1.2 million, on the instructions of joint receivers Stephen Tennant and Paul McCann of Grant Thornton.
The Revenue department was forced today to close the Central Revenue Information Office on Dublin's O'Connell Street because it had been occupied by protestors.
13:35, Steve Dempsey
The Namawinelake blog has passed away prematurely and of unknown causes. The media landscape now lacks an angry, independent voice, writes Steve Dempsey.
13:13, Post Reporter
DMGT, owner of the Daily Mail, has reported 30 per cent growth in its adjusted profit before tax for the first half of its 2013 financial year, amid a strong performance by the MailOnline.
12:54, Bloomberg News
The two-step authentication measure, available as an option starting today, requires users to input a code sent via text message to a mobile phone in order to log in.
12:02, Post Reporter
Bank of Ireland will become the main sponsor of Munster Rugby from July 2013, replacing Toyota.
11:48, Post Reporter
Mortgage lenders need to address the problem of non-performing mortgage debt more energetically than has been the case in the past, Patrick Honohan has said.
11:07, Bloomberg News
Samsung Electronics said it sold 10 million units of its latest flagship Galaxy smartphone within a month of its release - about half the time it took the previous model.
10:20, Post Reporter
Greek prime minister Antonis Samaras says Greece can follow Ireland’s example in returning to growth and to the markets.
09:16, Post Reporter
Science Foundation Ireland (SFI) has announced investment of €6.9 million for 62 research projects.
08:20, Philip Connolly
Today’s startup is LikeWhere, which has developed a new web and smartphone application which allows users to find sites that suit their interest in a new city.
06:38, Fearghal O'Connor
The top business stories from today's newspapers.
