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Business News

Providence reports €20.5m loss as exploration firm looks to new oil prospects

Providence Resources has announced losses of €20.5m for 2016 while operating losses for the period were €18.8m, an increase of €5.7m from 2015. Read more

Record level of data privacy complaints made to Data Protection Commissioner

There has been a record number of data privacy complaints in Ireland over the last year, new figures from the Office of the Data Protection Commissioner show. Read more

€500,000 pay cap could be waived for new BoI boss

FINANCE Minister Michael Noonan has indicated that he won’t block Bank of Ireland offering more than the €500,000-a-year pay cap to attract a replacement for outgoing CEO Richie Boucher. Read more

No EU country has claimed on €13bn Apple tax – Noonan

No European country has made a claim on the back taxes that Apple allegedly owes to Ireland, Finance Minister Michael Noonan has said. Read more

Economy a ‘miracle’ despite Trump and Brexit threat, says Central Bank

The Central Bank has revised up its growth forecasts on the back of strong domestic demand despite citing the twin threats of Brexit and the potential economic policies of US President Donald Trump. Read more

Publican Gleeson wins court fight to block his dismissal

High-profile publican Frank Gleeson has secured a temporary High Court injunction preventing the company he is CEO of from taking steps to dismiss him. Read more

IDA chief: ‘Housing crisis isn’t hurting our Brexit bid’

The impact of the housing crisis on the drive to attract foreign direct investment into Ireland and into Dublin, particularly in the wake of Brexit, is the subject of increasing concern among developers involved in the delivery of new office space. Read more

We are on road to ruin unless we increase infrastructure investment without delay

Ireland is going to change dramatically over the next 10 to 15 years and we are not preparing for it properly. I am not talking about Brexit or the future of the single currency. Neither am I talking about the impact Donald Trump’s US presidency might have on corporations and how they are taxed. Read more

Standard Life considering Ireland as possible EU base

Standard Life is considering increasing the size of its Dublin operation as a result of Brexit. Read more

Citadel moves to expand in prime Dublin location

The largest equity trader in the United States, Citadel Securities, is to grow its Dublin operation over the next two years. Read more