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Digicel IPO cancelled due to market volatility

Digicel, the telecoms group owned by billionaire Denis O’Brien, last night cancelled a planned stock market debut in New York that could have valued the business at as much as

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McAuley Engineering to create 64 jobs

The engineering components firm McAuley Precision and McAuley Fabrication based in Ballymoney, Northern Ireland is to create 64 manufacturing jobs over the next four years. The news jobs announced by

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€130m made available for energy efficiency projects in Irish homes

The Government has set aside €130m as a dedicated fund to promote programmes for energy efficiency and renewable energy, with the hopes that a series of focuses could ultimately bring

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Whitewater Shopping Centre expected to sell for €150 million

The Whitewater Shopping Centre in Newbridge, Co Kildare has been put up for sale by its joint owners Ballymore Properties and Elm Holdings. The centre, which is Ireland’s largest regional

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Hotel group Dalata planning to build up to seven hotels in Dublin

The publicly-quoted hotels group Dalata, which recently raised €160m in new equity capital to invest in buying existing or building new hotels in Ireland, is in discussions to buy as

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Bord na Móna going green by 2030

Bord na Móna plans to stop harvesting peat by 2030 in what it described as the “biggest change of land use in modern Irish history”. It will invest in green

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Ryanair passenger numbers rose by 12 percent last month

Passenger numbers at Ryanair rose by 12 percent to 9.55 million in September, compared to the same month a year earlier, according to new figures published today. Passenger numbers were

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Ammeon expansion creates 100 tech jobs in Dublin’s city centre

Irish IT professional services company Ammeon is to create 100 new high-skilled jobs in Dublin over the next 12 months. Ammeon, which specialises in IT-based transformation projects is expanding its

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Aryzta executives total pay packet drops by almost €10m in 2015

The total remuneration packages for executives at Swiss-Irish bakery giant Aryzta dropped by about two thirds to 5.2m Swiss Francs (CHF) in the company’s 2015 financial year. That is according

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Rye River invests €4m in new Co Kildare brewery

Rye River Brewing Corporation has announced an investment of €4m to build a new brewery and visitor centre in Celbridge in Co Kildare. The new centre is expected to employ

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Central Bank raises 2015 GDP forecast to 5.8 percent from 4.1percent

Ireland’s economic recovery accelerated in the first-half, expanding from the export sector to the domestic economy, prompting the Central Bank to revise its GDP forecast for 2015 up to 5.8

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Pretax losses double at Dublin-listed Merrion Pharmaceuticals

    Pretax losses double at Dublin-listed Merrion Pharmaceuticals

Merrion Pharmaceuticals says its survival is dependent on Declan Ryan’s Irelandia Investments not calling in an overdue loan as it reported a doubling of half-year losses. The Dublin-listed group, whose

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Virgin Media is ready to launch its mobile service in Ireland

    Virgin Media is ready to launch its mobile service in Ireland

Virgin Media, formerly known as UPC, is to launch its new Virgin Mobile brand in Ireland on Monday 5 October with unlimited data, voice and texts for €25 a month,

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Air France to announce “significant” job cuts next week

    Air France to announce “significant” job cuts next week

Air France will tell staff on Monday of “significant” job cuts after negotiations with pilots to boost productivity failed, the head of parent Air France-KLM told Europe 1 radio. “It

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Paypal Ireland head warns of FDI threat due to rental crisis

    Paypal Ireland head warns of FDI threat due to rental crisis

Paypal has begun asking staff to make spare rooms available to new employees, because of the shortage of rental accommodation, according to the company’s head of Irish operations Louise Phelan.

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Siemens ‘Partner 2020’ plan aims to lift Irish manufacturing to new heights

 Siemens is launching its ambitious Partner 2020 programme. The bold strategy is set to inject a fresh focus on supplying technology and guidance to make Ireland a global manufacturing powerhouse,

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Irish energy R&D projects secure €18m EU funding in the last year

  Since last year, Irish energy research projects have successfully secured €18m in EU funds for Ireland.  That is according to the Sustainable Energy Authority of Ireland (SEAI) who today

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Ireland’s manufacturing sector expanding as exporters benefit from weak euro

Investec’s latest Manufacturing Purchasing Managers’ Index (PMI) improved marginally to 53.8 in September, comfortably above the 50 mark that indicates growth. Despite a strengthening of the euro relative to sterling

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PM Group’s boss rules out flotation on profit rise

    PM Group’s boss rules out flotation on profit rise

Irish engineering firm PM Group doesn’t intend plotting a stock market flotation yet, with a strong enough balance sheet to allow it to continue its expansion strategy for at least

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280 new jobs as Accenture and Morgan McKinley expand

    280 new jobs as Accenture and Morgan McKinley expand

Accenture, the world’s largest consulting firm in terms of revenue, is to create 200 jobs new jobs over the next 12 months at a new Dublin innovation centre. The centre

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Irish manufacturing inches up from 18 month-low

    Irish manufacturing inches up from 18 month-low

After growing by over 5pc in 2014, Ireland’s economy is set to be the best performing in Europe again this year and manufacturing has expanded for 28 successive months, according

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Denis O’Brien’s Digicel is taking on Google, Facebook, and Yahoo

    Denis O’Brien’s Digicel is taking on Google, Facebook, and Yahoo

DIGICEL IS TAKING on the likes of Google, Facebook, and Yahoo as it becomes the first operator to block ads across its networks. The telecommunications company, chaired by Denis O’Brien,

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Ryanair chairman pours cold water on O’Leary plan

    Ryanair chairman pours cold water on O’Leary plan

Ryanair chairman David Bonderman has cast doubts on Michael O’Leary’s plans for his airline to provide connecting flights for long-haul carriers such as Air France-KLM and Lufthansa, saying he’s a

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New Zealand winery toasts deal with Musgrave to stock Graham Norton wine here

    New Zealand winery toasts deal with Musgrave to stock Graham Norton wine here

Cork retail group Musgrave – the owner of the SuperValu and Centra brands – has signed a deal with New

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