Business News

A new hotel brand, ‘The Address Collective’, has been launched following a €16m investment by the McGettigan family. It comes amid what is an exceptionally difficult time for domestic tourism as Covid-19 continues to hinder travel. The brand is currently made up of three well-established hotels: The North Star Hotel in Dublin 1, The Kingswood […]

Enterprise Ireland has re-opened a grant scheme that pays up to €40,000 to Irish-owned retail businesses to develop their online sales channels, especially for export markets. Yesterday the agency launched a €5.5m programme that is expected to attract bids from hundreds of firms. Grants can cover 80pc of an investment in improved online sales channels. […]

Enterprise Ireland has re-opened a grant scheme that pays up to €40,000 to Irish-owned retail businesses to develop their online sales channels, especially for export markets. Yesterday the agency launched a €5.5m programme that is expected to attract bids from hundreds of firms. Grants can cover 80pc of an investment in improved online sales channels. […]

Enterprise technology giant Oracle’s main Irish arm bounced back from a near €500 million loss last year as it acquired $11.4 billion in intellectual property rights from another group company by way of a promissory note. Oracle EMEA Limited, which employs more than 1,400 people in Ireland, recorded a €504 million pretax profits for the year ending […]

Enterprise technology giant Oracle’s main Irish arm bounced back from a near €500 million loss last year as it acquired $11.4 billion in intellectual property rights from another group company by way of a promissory note. Oracle EMEA Limited, which employs more than 1,400 people in Ireland, recorded a €504 million pretax profits for the year ending […]

Nearly 29,000 Irish nationals returned home to live and work in the year to the end of April, the highest number for 13 years. Figures published by the Central Statistics Office (CSO) show the overall population rose by 1.1 per cent, or 55,900 people, year-on-year to 4.98 million. An increase of 1.3 per cent, or 64,500 individuals […]

Nearly 29,000 Irish nationals returned home to live and work in the year to the end of April, the highest number for 13 years. Figures published by the Central Statistics Office (CSO) show the overall population rose by 1.1 per cent, or 55,900 people, year-on-year to 4.98 million. An increase of 1.3 per cent, or 64,500 individuals […]

While Covid-19 has had a devastating impact on the global economy with a long recovery to follow, certain sectors have benefitted from its effects. Not just retail giants such as Amazon but small and scrappy Irish start-ups have experienced growth and even secured funding in these tumultuous times. Lasting memories of lockdown will be grocery-related: queuing for […]

Offr, a property tech startup co-founded by former Savills and Allsop / BidX1 auctioneer Robert Hoban, has raised €3m in funding from Barclays Bank and a group of angel investors and venture capital firms. Offr is the first Irish company to receive a follow-on investment from Barclays through its London accelerator programme. The bank and […]

The dramatic rise in the Government deficit this year does not make it more likely that Ireland will default on the national debt, according to analysts at Moody’s. The ratings agency has kept its stable A2 credit grade for Ireland, citing strong growth prospects once the Covid-19 threat is contained. “Our credit view of Ireland […]