You are viewing the content for Wednesday 14 February 2018

BUSINESS

Strategy needed to protect jobs and living standards from Brexit threat: ICTU

The government has been called on to safeguard Irish jobs after Brexit.

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Ofcom set for UK High Court battle over Sky-Fox ruling

British regulator Ofcom is facing a High Court battle over its ruling that Sky would remain "fit and proper" to hold a UK broadcasting licence if snapped up by Rupert Murdoch's 21st Century Fox.

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Nigerian communities lose UK court fight over pollution claims against oil giant Shell

Oil giant Shell has defeated the latest legal bid by thousands of Nigerians to have their damages claims over pollution dealt with by the English courts.

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H&M warns over further drop in sales as it focuses online

High street fashion giant H&M has said it is braced for further sales falls across its stores in 2018, but hopes an online push and investment in new brands will deliver a "somewhat better result" than last year.

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Enterprise Ireland reveals most Irish start-ups are based outside Dublin

More than half of all Irish start-ups are based outside of Dublin.

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Dublin and Cork tap Brexit in rankings

Dublin has already outpaced Paris and is catching up fast with London as Brexit fears helped the city to attract a raft of foreign direct investment projects, while Cork has been named the best small city in Europe for business friendliness, according to a major study.

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Irish firm appoints Gallagher to board

The founder of Irish firm Nutriband, which has listed some shares in the US as it seeks to develop a vitamin and pharma patch invention, has appointed former presidential candidate Seán Gallagher to its board as president of the company.

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Analysis: Central Bank needs to probe all bank credit committees

A fine of €20,000 for Michael Walsh, the former non-executive chairman at Irish Nationwide during the boom years, and a three-year ban on his managing a financial firm were the eye-catching items of a Central Bank settlement agreement this week.

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Call for massive investment in Ringaskiddy port

Balanced development cannot be achieved and trying to achieve it would be counter-productive for national prosperity, an expert on regional economics has said.

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Gucci overtakes rival Hermes in luxury sales sweep

Gucci surged past rival Hermes as shoppers snapped up more of designer Alessandro Michele’s crystal-and sequin-coated creations over the Christmas trading period.

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Europa Oil bullish on Ireland despite ban threat

One of the main international exploration companies active in Irish waters has said it remains “excited” and confident about realising its asset potential here despite last week’s Dáil vote in favour of a ban on drilling for oil off the Irish coast.

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US firms MSD and Autodesk to create 550 jobs in Dublin

Pharmaceutical giant MSD is to create 350 jobs at a biotechnology facility in Dublin, in an indication that protectionist policies from US President Donald Trump have not impacted Ireland’s foreign direct investment (FDI).

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Paschal Donohoe defends ‘rushed’ data protection bill

Finance Minister Paschal Donohoe has defended the “dog’s dinner” of a National Broadband Plan (NBP) and the “rushed and unworkable” Government bill on data protection after strong criticism from TDs and senators.

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