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Aramark announces exclusive partnership with Chopped

Aramark, the global provider of award-winning services in food, facilities management and property, has announced an exciting new partnership with leading Irish healthy food company, Chopped. The five year deal

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Petroceltic gets buyout offer

Oil producer Petroceltic International’s  largest shareholder, Worldview Capital Management, has offered to acquire the company for £6.42m in cash. This comes a month after Petroceltic said it was considering an

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Aston Martin to open new factory in South Wales

Aston Martin, famous James Bond car maker,  is to open a new factory in South Wales, creating more than 750 jobs. The luxury marque will build its new DBX model

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Strike action planned at Dublin Cadbury plant

Cadbury’s operations in Ireland face disruption from next Thursday as SIPTU and Unite have served strike notice on the company. Unite Regional Coordinating Organiser Richie Browne said that workers were

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Asavie and Eir team up to bring IoT to Irish firms

Asavie, an enterprise mobility management firm, and Eir Business, the telecoms provider, have launched IoT Connect, a new service that will allow Irish firms to use the Internet of things

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201 jobs to go with Brinks closure

The Brinks security cash-in-transit company is to close its Republic of Ireland operation with the loss of 201 jobs, mostly in Dublin. A company spokesperson has stressed the closure will

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Daa to manage Saudi airport terminal

Daa International has secured a multi-million deal to manage and operate the new terminal 5 at Saudi Arabia’s King Khaled International Airport in Riyadh. The new terminal has a capacity

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Norwegian airline’s Cork plans on hold

Norwegian airlines announced planned flights from Cork to the US have been postponed pending receipt of a permit to enable the flight plan to commence. A spokesperson from Cork Airport has said

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60 jobs at risk at Cameron in Longford

Up to 60 jobs may be lost at the Cameron plant in Longford Town. All 270 staff at the company were called into a meeting Thursday afternoon, and were told

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KBC Bank reports operating profit for 2015

KBC Bank Ireland has today reported an operating profit of €119m before tax and impairment costs for full-year 2015. The bank reported loan impairment costs of €48m for 2015. According

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Belgium: EIB signs loan deal with Puratos

With more than 70 years of expertise in producing and delivering ready-to-use mixes and toppings, Pennant Ingredients, located in Rochester, New York, generates more than 70 million dollars in sales and employs

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Vodafone pays €1bn to Liberty for Dutch joint venture

UK mobile giant Vodafone and John Malone’s cable company Liberty Global agreed last night to combine their operations in the Netherlands for a better footing in the local market. Vodafone

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Fry’s startup is a “Pinterest for education”

Stephen Fry has quietly co-founded a startup that bills itself as a “Pinterest for education”. The company called Pindex launched this month, and is a self-funded online platform that creates and curates educational videos and

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Dundrum Town Centre posts profits of €941m

Hammerson, the owner of Dundrum Town Centre has reported an increase  of 4% in its annual profits up to £726.8m (€941.8m). The UK property giant’s rental income jumped 4.3% up to £318.6m,

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Aspira aquires B-TEC Solutions and creates 50 jobs

Aspira, the Irish-owned enterprise IT project specialists, has announced it is to create 50 new jobs as well as to acquire IT services firm, B-TEC Solutions. Most of new positions

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Exxon, Eni and Statoil win Irish offshore licences

The Government has awarded oil and gas licences to companies including oil majors Eni, Exxon and Statoil, allowing them to explore for hydrocarbons off the coast of Ireland. The Department

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Pernod Ricard cautious on China

The situation in China remains challenging for spirits company Pernod Ricard and sales in its second biggest market could fall up to 10% this year, the company announced today. Like

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Nokia posts strong network result

Finland’s Nokia has today reported better than expected profits for its mainstay telecom network equipment business. But the company also warned that roll-outs for new mobile networks would start to slow

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Smurfit Kappa’s pre-tax profits rose 58%

Irish packaging giant Smurfit Kappa has reported a 58% jump in its pre-tax profits while revenue in the firm remained mostly static, rising to €8.1bn. The firm’s pre-tax profits rose to

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Ryanair is now Ireland’s biggest listed company

Ryanair became Ireland’s biggest indigenous company by market capitalisation yesterday, overtaking CRH, the previous holder of the title. The airline’s market capitalisation topped €17.3bn at one point as it jostled with CRH

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Tullow Oil’s revenues drop by 27%

The Irish oil and gas explorer Tullow Oil has posted a full year loss of $1bn (€886m) for 2015 as revenues in the firm plummeted by 27% off the back

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Hutchison seeks EU approval for Vimpelcom merger

Hutchison Holdings has started formal proceedings to get EU approval for merging its Italian mobile telecoms business with Vimpelcom’s. This comes at a time when it is still in the

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BT finance chief to step down

Telecoms giant BT confirmed that it has begun a search to replace its long-serving group finance director. The company announced that Tony Chanmugam, who first took up his post in 2008, “may

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FBD Holdings appoints new head as CRO

FBD Holdings has appointed David Costello as the new chief risk officer for FBD Insurance. Mr Costello joins FBD from

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Viacom to sell Snapchat ads in multi-year deal

Viacom is said to be extending its deal with Snapchat which will allow it to sell advertising on the mobile

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Summer bookings for Turkey slump 40%

London-based TUI Group, the world’s largest tour operator, said bookings to Turkey this summer were down around 40% due to

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Microfinance Ireland approves €5.4m in loans

Microfinance Ireland has said 930 jobs were supported in small companies last year, after it approved €5.4m worth of loans.

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Oil giant BP posts largest annual loss for 20 years

BP posted its largest annual loss for at least 20 years and revealed another 3,000 job losses as it continued

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120 new jobs in Dundalk by We Are Vertigo

The Belfast-based adventure centre We Are Vertigo has confirmed it is to open a new attraction in Dundalk after planning

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Virgin takes flight with first ever 360 TV ad on Apple TV

Virgin Media has become the first brand to have a traditional TV advertisement in 360 degree on the Apple TV

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Guinness wins UBI Global Awards

The Guinness Enterprise Centre (GEC) has been ranked the world’s Top University Associated Business Incubator in the prestigious UBI Global

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Microsoft beats forecast on cloud demands

Technology corporation, Microsoft has reported quarterly revenue and profit that beat analysts’ expectations, driven by aggressive cost cutting and growing

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Siemens to supply 172MW of turbines in Ireland

Siemens has received two contracts for the supply of wind turbines for two projects located in Ireland. Under the first

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Dalata in new deal for four hotels

Dalata Hotel Group has agreed a deal to buy the leasehold interest of four hotels for an enterprise value of

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Facebook to start Meath data centre construction

Facebook has said it will begin building a data centre near Clonee, Co Meath, which will create hundreds of temporary construction

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160 technology jobs for Galway, Cork

160 jobs have been announced by technology companies in Galway and Cork. Two technology companies in Galway, Ice Cube and Tec

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Johnson Controls, Tyco to merge in tax-saving deal

Tyco International and Johnson Controls announced today they will merge in a tax-saving deal. The deal combines Tyco’s operations in security and

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Lisheen mine makes final shipment

Mining and energy company Vedanta Resources said its Lisheen mine in Co Tipperary made its final shipment last week, completing

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Google agrees £130m tax deal in the UK

Internet giant Google has agreed a £130 million deal with the UK taxman to pay money it has owed for

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Irish Taoglas opens new centre in US

Enniscorthy-based Taoglas, an Irish technology firm which specialises in wireless antennas, is opening a $2m facility in San Diego. The

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Amazon to hire 2,500 permanent UK staff

Amazon is to hire 2,500 permanent staff in the UK this year, boosting its workforce there to more than 14,000.

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Apple’s chief meets EU Commissioner over tax row

Apple CEO Tim Cook had a private meeting with the European Union’s antitrust chief Margrethe Vestager as EU regulators close

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Bausch+Lomb uses drones in its €115m expansion

Aerial drones with sophisticated cameras are being used for controlled flights over the €115m expansion of the Bausch + Lomb

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AIB Seed Capital backed iCabbi with UK and US expansion

Dublin BIC today announces dispatch technology company iCabbi is targeting €15M annual recurring revenue (ARR) within two years with expansion

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Salesforce announces multi-year partnership with (RED)

Salesforce, the Customer Success Platform and world’s #1 CRM company, today announced a partnership with (RED) and a $5 million

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Musgrave to buy Wexford business

The Musgrave Group is to buy a Wexford food service business. The acquisition of Wexford-based C.J. O’Loughlin Quality Foods is subject

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Vodafone launches TV service in Ireland

Vodafone is entering the TV market in Ireland for the first time. The service will cost €40 a month for the

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Barclays to cut investment banking jobs worldwide

Barclays has announced a new round of job cuts to its investment banking business worldwide which would result in a complete

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IMF opens nominations for top job

The IMF has opened formal nominations for the next term of managing director, with incumbent Christine Lagarde seen as the leading candidate

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Pearson to cut 4,000 jobs due to weak earnings

Troubled British education publisher Pearson plans to cut 4000 jobs, cap its dividend and restructure yet again after cutting earnings forecasts

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Spotify buys Irish music app Soundwave

Streaming giant Spotify announced that it plans to acquire two companies, Irish Soundwave and Cord Project. It says this will

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Floodwaters and frost driving rats into houses

Rentokil is advising householders to be vigilant against rats, mice and other pests that are displaced from sewers, drains and

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Goldman profit slumps after huge mortgage-backed bond settlement

Goldman Sachs Group’s profit slumped for the third quarter in a row as a $5 billion settlement of crisis-era legal

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FBD study: 88% of farmers feel connected with their local community

According to a survey of urban and rural neighbourliness by FBD entitled “Rooted in the Community”, 88% of farmers say that

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Dalata acquires Clarion Hotel in Sligo

The Clarion Hotel in Sligo has been sold to the Dalata Hotel Group for €13m. The four-star hotel was offered for

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Home Retail confirms Homebase sale to Wesfarmers

Argos owner Home Retail Group, which is being pursued by supermarket Sainsbury’s, has agreed to sell DIY chain Homebase to

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Renault to recall 15,000 vehicles for emissions tweaks

French company Renault will recall more than 15,000 vehicles to make changes to their engines to bring them into line with

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Pure Telecom caps off great year with 10,000 new customers and €5M revenue boost

Irish telecoms provider Pure Telecom is celebrating its most successful year in business since it started in 2002. Over the

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