Companies Engage XR to delist due to lack of funding in Irish stock market Waterford-based virtual reality company will be listed on the AIM sub-market of the London Stock Exchange
Banking SVB collapse could deter smaller banks from lending, warns expert‘The majority of SME businesses get their loans from these regional banks,’ notes Seema Hingorani of Morgan Stanley Investment Management
Company Watch Hostelworld profits up as global travel sector bounces backRevenue for first quarter hits 115 per cent of pre-Covid levels after cost-cutting measures and recovery of tourism in Europe, Asia and Oceania
Retail Flight to quality: Why premium retail brands can’t get enough bricks and mortarAs Nike announces a ‘concept’ store in Dundrum and the Chatham & King development off Grafton Street welcomes top-end brands, what does the future of retail look like?
Tech ‘Too premature’ to say worst of tech downturn is over – Carolan LennonSpeaking on a panel as the Business Post announced a newly redesigned Connected magazine and website, Lennon also warned of need to fix housing crisis
Jobs Staff in Ireland at risk after recruitment giant Indeed announces 2,200 job cuts The recruitment firm employs 1,400 people in Ireland
Insurance South African insurer OUTsurance to launch in IrelandThe company plans to offer consumers motor and home insurance products
Jobs Tarasis Enterprises plans to create 300 new jobs across IrelandThe company has offices in Belfast, Dublin, Sligo and Armagh
Banking Ulster Bank credit cards to stop working from todayThe move is part of the lender’s exit from the Irish market
Energy ESB says it made no money from residential customers as profits surge to €847mThe company said the rise was due to the impact of higher wholesale prices on other parts of it business
Companies Losses narrow at Dublin-based Hostelworld as bookings soarRevenue jumped to almost €70m as the firm benefited from the return of travel abroad
Tech Dublin-based Nualang in partnership to transform digital language learning experienceNualang, which is supported by Enterprise Ireland, has struck a deal with US-based Wayside Publishing
Banking Colm Kelleher: The Irish-born executive fronting the takeover of Credit SuisseKelleher, who was elected chairman of UBS in April 2022, originally hails from Bandon, county Cork
Companies ‘People’s knowledge of coffee has evolved, so it’s up to us to drive innovation’ - Nespresso Ireland chief Anna Lundstrom says the company, which recently doubled the size of its Dundrum location, is still working to understand post-pandemic consumer behaviour
Companies Deliveroo making ‘positive’ progress in key UK market – Davy analystsDeliveroo reported total revenue of £1.97 billion, up 14 per cent on 2021, according to the group’s annual results
Company Watch Keyword Studios relocated over 400 employees from Russia in 2022After the Russian invasion of Ukraine, Keywords, which has its HQ in Dublin, began the process of relocating most of its staff to countries like Poland, Serbia, Armenia and Malta
Regulation Central Bank starts consultation on new accountability rules for financial services sector Under the rules, specific firms will have to set out clearly and fully where responsibility and decision-making lie within the firm’s senior management
Employment 95% of Irish employees want four day work week – survey The number of workplaces that have either implemented or are trialling a four-day working week has dropped
Companies Cork clothing company Zirkulu looks to raise €250,000 to further developmentZirkulu was first conceptualised in December 2020
Tech Hope that Silicon Valley Bank crisis can be resolved amid rescue efforts HSBC buys British arm of the lender as US financial regulators moved on Sunday to assure all depositors their money is safe following the collapse of Silicon Valley Bank (SVB)
