• MOTORING

  Petrol cars in position for comeback – Cartell.ie research

  17.06.2013 Joint analysis was conducted with CompleteCar.ie.

  

• AVIATION

  Ryanair is world's top airline in terms of international passenger numbers

  17.06.2013 Airline carried 79.6m international passengers last year.

  

• COMPANY NEWS

  Elan to proceed with formal sale process

  14.06.2013 Expressions of interest have been received to date.

  

• PUBLIC SECTOR

  Cork company Documatics wins Revenue Commissioners contract

  14.06.2013 Rigorous tender process took place.

  

• BANKING

  KBC Bank Ireland re-instates 90pc LTV mortgages as it sees evidence of stable housing market emerging

  13.06.2013 Banks seeing increased demand for its mortgage products.

  

Latest News

• 17 June
• 14:28
  Poor pension admin an area of concern, says Pensions Board boss

  Speaking at the launch of the Pension Board’s annual report for 2012, chief executive Brendan Kennedy said poor pension administration was an area of concern.

• 13:32
  Petrol cars in position for comeback – Cartell.ie research

  Irish new car buyers may be financially better off opting for a petrol-powered car in preference to a diesel one, according to Cartell.ie.

• 12:29
  Ryanair is world's top airline in terms of international passenger numbers

  Ryanair has achieved the Number 1 position in the International Air Transport Association’s (IATA) Top 100 Airlines ranking, having carried 79.6m international passengers last year.

• 08:26
  IBS-Xerox to create 90 skilled jobs

  Printing company IBS-Xerox (Ireland) has this morning announced an expansion of its operations with the creation of 90 skilled jobs.

• 08:10
  Signs of recovery for domestic sector - Ibec survey

  The latest Ibec Business Sentiment Survey for Q2 2013 reveals a significant jump in confidence in the domestic sector.

• 07:57
  Royalty Pharma chair "disappointed" at Elan's unwillingness to engage

  Royalty Pharma has this morning issued an open letter from its chairman and co-founder Rory Riggs to the board of directors of Elan Corporation expressing his disappointment at the company’s unwillingness to negotiate over the weekend on a potential deal.

• 14 June
• 15:20
  Elan to proceed with formal sale process

  Elan Corporation said today that it is proceeding with a formal sale process in light of the expressions of interest received to date.

• 10:54
  Cork company Documatics wins Revenue Commissioners contract

  Cork company Documatics has announced that it has successfully concluded a rigorous tender process to secure the Revenue Commissioners contract.

• 13 June
• 11:09
  KBC Bank Ireland re-instates 90pc LTV mortgages as it sees evidence of stable housing market emerging

  KBC Bank Ireland has said that it is experiencing increased demand for its mortgage products.

• 10:14
  EMC to add 200 jobs in Cork as part of major expansion plan

  EMC has announced the creation of 200 highly skilled jobs and the opening of a new EMC office as part of a fresh €100m investment in Ireland.

• 09:24
  Zamano reports "strong progress" in first five months of 2013

  In an interim management statement issued in advance of its AGM this morning, Dublin-based mobile commerce company Zamano plc said today that following the “transformational results” it reported in 2012, it made strong progress in the first five months of this year.

• 08:02
  DCC to be admitted to FTSE 250

  Following its quarterly review, the FTSE has announced that DCC will be included as a constituent of the FTSE 250 and FTSE All-Share indices from close of business on Friday 21 June.

• 12 June
• 17:19
  Vodafone confirms approach to Kabel Deutschland

  Vodafone Group confirmed today that is made a preliminary approach to Kabel Deutschland regarding a possible offer for the company.

• 11:58
  New SuperValu in Co Clare to create 50 new jobs

  A new SuperValu has opened in Miltown Malbay, Co Clare involving an investment of €5.5m and the creation of 50 jobs.

• 10:07
  New Yorker bar launches at Cork International Airport Hotel

  The New Yorker, a new American style bar and restaurant, will be officially opened at the Cork International Airport Hotel today following an extensive investment of over €500,000.

• 09:49
  Clarion IFSC and Dublin Airport hotels for sale for €40m

  Two Clarion hotels in Dublin have been put up for sale on behalf of receiver Kieran Wallace of KPMG.

• 09:39
  Citrix announces 50 new Dublin jobs

  Citrix said today that it is increasing its Dublin workforce by up to 50 full time employees.

• 11 June
• 17:11
  Xtra-vision sold to Hilco Capital

  Xtra-vision Ltd has been sold to Hilco Capital Ireland Ltd for an undisclosed sum.

• 10:56
  Compass Group Ireland launches Guest Chef programme

  Food and support services company Compass Group Ireland has launched its Guest Chef programme to offer menus to customers in some of Ireland’s largest companies.

• 08:12
  Groupon hiring 20 people at new Dublin centre

  Daily deals website Groupon has launched a recruitment drive for 20 new positions in its newly established software development centre in Dublin to be filled by the end of the year.

• 10 June
• 16:23
  HMV stores in Ireland to re-open creating 100 jobs

  Four HMV stores are to re-open and a possible fifth new one is to open in Ireland, which will create 100 jobs by the end of the summer.

• 14:34
  European Wholesale Securities Market announces its inaugural listing

  The European Wholesale Securities Market (EWSM) announced its inaugural listing on the EU regulated market today.

• 12:48
  Davy voted Ireland's Number 1 brokerage

  Davy has been voted Ireland’s Number 1 brokerage in the Thomson Reuters Extel Pan-European Survey 2013, as well as taking the top slots in the categories of ‘Ireland: Country research’ and ‘Ireland: Equity sales’.

• 10:42
  UPC creates further jobs in mid-west region

  Minister for Finance Michael Noonan TD today joined Henry Minogue, vice-president and chief information officer of UPC Ireland, to announce further jobs growth in Limerick with the addition of 12 new vacancies for highly skilled information technology professionals.

• 09:15
  Elan board rejects revised bid from Royalty Pharma

  The board of directors at Irish biotechnology company Elan have rejected a revised bid from investment firm Royalty Pharma, describing it as “wholly inadequate” for Elan shareholders and undervaluing its multiple sclerosis drug Tysabri.

• 09:02
  Construction still in decline but outlook positive -- index

  Planning applications have fallen by 7pc with commencements down 15pc compared to a year ago, according to the National Housing Construction Index compiled by Link2Plans.

• 08:43
  Bord Gáis Energy Index drops 5pc in May

  Declines in all four of the fuel commodities that make up the Bord Gáis Energy Index resulted in a 5pc month-on-month drop in the index for May, its lowest reading in 2013.

• 08:24
  20pc increase in professional jobs on offer in Ireland

  The number of professional jobs on offer was 20pc higher in May, at 9,434, compared to a year ago and 5pc up on April of this year, according to the Morgan McKinley Irish Employment Monitor.

• 07 June
• 16:46
  Debenhams Ireland to offer new click and collect service for wedding hire

  Debenhams is launching an online service for its formal hire range, helping husbands-to-be find the perfect wedding outfit.

• 14:48
  United Airlines launches Shannon-Chicago route

  United Airlines launched its seasonal nonstop service between Shannon and Chicago’s O’Hare International Airport today.

• 07:41
  Aer Lingus passenger numbers up 5.3pc in May

  Aer Lingus said this morning that its total flown passenger numbers were up by 5.3pc in May 2013 to 1,021,000.

• 07:38
  Belfast-based Kainos launches "largest ever" recruitment drive

  Belfast tech company Kainos has this week announced a three-year growth plan that it said will see its headcount and revenues double.

• 06 June
• 15:34
  Airtricity owner SSE acquires new corporate HQ in Dublin

  UK energy provider SSE, owner of Airtricity, has acquired new corporate headquarters (HQ) in South County Business Park in Dublin after five years of operating in Ireland.

• 12:24
  Unilever re-entering Myanmar with new factory and HQ in Yangon

  Unilever has announced its re-entry into the Myanmar market with the launch of full business operations including a new manufacturing facility and headquarters in Yangon.

• 05 June
• 16:31
  Europcar in worldwide partnership with Advantage

  European rental car company Europcar, which has an operation in Ireland, has signed a worldwide partnership with Franchise Services of North America (FSNA), operators of Advantage Rent A Car in the US.

• 09:11
  United signs biofuel agreement with AltAir

  United Airlines has signed a purchase agreement with AltAir Fuels for 15 million gallons of biofuel.

• 08:31
  Microsoft and PwC form strategic alliance for enterprise transformation projects

  PwC and Microsoft have formed a strategic alliance to help companies engaged in enterprise transformation projects using Microsoft business solutions technology.

• 07:40
  Tesco reports sales drop as consumers "continue to exercise caution"

  Tesco has this morning reported a 2.6pc decline in like-for-like group sales for the 13 weeks ending 25 May 2013.

• 04 June
• 15:29
  House prices bounce back in April after weak start to year

  Irish residential property prices bounced back in April after a slightly weak start to the year, which had seen negative price moves in each of the first three months of 2013 so far, according to the Residential House Price Index released by the Central Statistics Office (CSO).

• 09:55
  Inflection Biosciences signs exclusive licence agreement with Spanish cancer research centre

  Early stage drug development company Inflection Biosciences Ltd, which is focused on discovering and developing targeted small molecule treatments for cancer, said today that it has licensed preclinical oncology programmes from the Spanish National Cancer Research Centre (CNIO).

• 09:45
  Company selling Irish-owned overseas properties to create 25 new jobs

  Extra Sales, which specialises in selling Irish owned overseas property, has announced that it will create 25 new jobs over the next two years.

• 08:53
  Irish manufacturing still contracting -- Investec

  The Irish manufacturing sector continued to contract in May, but moved closer to stabilisation, according to Investec’s monthly Manufacturing Purchasing Managers’ Index (PMI)

• 08:43
  Digicel submits tender for mobile licence in Myanmar

  A consortium led by Denis O’Brien’s company Digicel has submitted a tender application for a nationwide mobile licence to the Government of the Republic of the Union of Myanmar.

• 08:21
  Prometric creates 24 IT jobs in Dundalk

  US multinational Prometric has created 24 information technology jobs in Dundalk, bringing its total headcount there to 100.

• 31 May
• 15:54
  Dublin car dealer wins award from Toyota in Greece

  An Irish car dealer was awarded with a top honour at Toyota’s ‘Ichiban’ European Customer Satisfaction Award event held last week in Athens, Greece.

• 13:09
  Sixty percent of people expect house prices to be the same a year from now – survey

  A new survey by MyHome.ie has found that 60pc of people believe house prices will be more or less the same one year from now.

• 09:57
  10gen opens new EMEA headquarters in Dublin and launches recruitment campaign

  10gen officially opened its EMEA headquarters in Dublin today and launched a recruitment campaign for positions in engineering, sales, HR, legal and finance.

• 09:06
  One in five medtech companies planning to hire in Q3 - IMDA

  One in five medical technology companies in Ireland are planning to recruit new staff in the third quarter of 2013, according to a new survey from IBEC group, Irish Medical Devices Association (IMDA).

• 08:16
  Aer Lingus board supports recommendation on pensions payment

  The board of Aer Lingus has issued a statement this morning stating that it supports the recommendation by the Labour Court that the airline makes a one-off payment of €110m into the Irish Airlines Superannuation Scheme (IASS).

• 07:33
  Irish carriers spend €500,000 with Data Edge to improve 3G and 4G mobile networks

  Data Edge has secured major contracts with four of Ireland’s mobile phone carriers to improve their broadband networks in preparation for the arrival of 4G later this year.