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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 platform. Created by leading Irish advertising agency, Irish International BBDO,

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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 rankings. The award was presented at an awards ceremony in

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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 demand for its cloud products and services. Microsoft chief executive

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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 contract, Siemens will supply and install 36 Siemens D3 direct

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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 €40m. The four hotels are the Gibson Hotel Dublin, the

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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 jobs and dozens of other permanent operations positions. The decision

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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 Support, have announced they will merge and their planned expansion

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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 fire safety with Johnson’s businesses, which include energy storage. The

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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 planned closure of the site. Vedanta Resources, which also produces

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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 the last decade. The US online search firm said it

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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 new design and testing site is said by Taoglas to

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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. They will be employed across the country – including its

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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 in on a final decision into the iPhone-maker’s tax deals

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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 facility in Waterford as part of a pioneering new collaboration

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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 in the UK and US. The company has seen exponential

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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 commitment to The Global Fund to fight AIDS. This commitment

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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 to being cleared by the Competition Authority. C.J. O’Loughlin Quality

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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 company’s broadband customers, and Netflix or Setanta Sports can be

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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 exit from cash equities in Asia, an internal memo reviels.

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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 despite possibly facing a trial in France. The International Monetary

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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 for 2015 and 2016. Pearson has announced a string of

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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 help it build a great music experience. Neither company is

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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 rivers during the floods resulting from recent storms and the

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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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Slowing data center revenue growth dims Intel’s profits

Concerns about slowing revenue growth in Intel’s highly profitable data center business overshadowed its strong quarterly profit, sending its shares

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UTV shareholders to make €73m after sale to ITV

Shareholders are expected to make €73m following the sale of UTV to ITV, a company statement said. UTV Media has agreed

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Natalya Coyle appointed as Aramark Wellness Ambassador

Aramark, the global provider of award-winning services in food, facilities management and property has announced that Irish Olympic hopeful Natalya

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General Electric cutting up to 6,500 jobs in Europe

General Electric is cutting up to 6,500 jobs in Europe after buying a big chunk of France’s Alstom. The move has

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BP to slash thousands more jobs

UK oil and gas company BP has announced plans to cut back 5% of its global workforce in the face

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Dalian Wanda buys Legendary Entertainment for $3.5bn

Chinese conglomerate Dalian Wanda Group has acquired US film studio Legendary Entertainment for about $3.5 billion. The deal will turning the

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Mary Curtis to step down as head of UTV Ireland

The head of UTV Ireland, Mary Curtis has announced she will step-down from her role in February after a difficult first

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CEO of Sweden’s Electrolux to step down

Keith McLoughlin, the boss of Swedish home appliances maker Electrolux announced today he will retire a month after the biggest

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Opening of Uber’s Centre of Excellence in Limerick

Michael Noonan, the Minister of Finance, today officially opened Uber’s Centre of Excellence (CoE) in Thomas Street, Limerick. The Centre

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Ryanair to open new base in Belfast International Airport

Irish airline Ryanair is to open a new base at Belfast Belfast International Airport from March with flights to London’s

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Apple buys artificial intelligence startup Emotient

Apple Inc. has purchased Emotient Inc., a startup that uses artificial-intelligence technology to read people’s emotions by analyzing facial expressions.

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NTMA raises €3bn from sale of new 10-year bond

The National Treasury Management Agency say they have raised €3bn through the sale of a new 10-year benchmark treasury bond.

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Netflix is now available in 190 countries around the globe

Movie streaming giant Netflix is operating its streaming TV service in 190 countries, with the addition of 130 new markets, the

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M&S CEO Marc Bolland to retire in April

Marc Bolland will step down as the CEO of Marks & Spencer in April, bringing an end to six difficult

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Pat Kiely appointed TV3 Managing Director

Virgin Media named the Commercial Director of TV3, Pat Kiely – the new Managing Director of the station. Mr Kiely

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Smurfit Kappa acquires two Brazilian-based firms for €186m

  Smurfit Kappa acquires two Brazilian-based firms for €186m

Irish packaging giant Smurfit Kappa has announced the acquisition of two Brazilian integrated paper-based packaging businesses in a deal worth

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Diageo sells US, UK wine interests for €507m

  Diageo sells US, UK wine interests for €507m

Irish-listed drinks group Diageo has completed the sale of its major wine interests in the US and the UK to one of

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Nokia gains control of Alcatel-Lucent

  Nokia gains control of Alcatel-Lucent

Nokia Corp. has secured the authorization from France’s securities watchdog for its 15.6 billion euro takeover offer for Alcatel-Lucent SA, clearing

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Lioncourt acquires Dublin language school

  Lioncourt acquires Dublin language school

Irish investment firm Lioncourt has acquired Dublin-based English language school ECM College. In a statement the company said the deal represents

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Abengoa signs accord with creditors for emergency loan

  Abengoa signs accord with creditors for emergency loan

Spanish thermal solar power and electrical engineering firm Abengoa has signed an agreement with its creditor banks for a €106m

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Petroceltic hires bankers for strategic review

  Petroceltic hires bankers for strategic review

Irish oil producer Petroceltic has hired bankers to conduct a strategic review, including a sale, after tumbling oil prices hurt

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Toshiba to cut 7,000 jobs in PC and TV units

  Toshiba to cut 7,000 jobs in PC and TV units

Japanese electronics company Toshiba announced it will cut nearly 7,000 consumer electronics jobs after a $1.3 billion accounting scandal. The moves

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Holland & Barrett sets £1bn sales target

  Holland & Barrett sets £1bn sales target

Health food chain Holland & Barrett International is bidding to almost double sales to £1bn (€1.37bn) over the next five

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Madison Dearborn and Powerflute in takeover talks

  Madison Dearborn and Powerflute in takeover talks

Finnish company Powerflute, 36% owned by Smurfit, has engaged in takeover talks with Madison Dearborn Partners, which made a preliminary

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Sports Direct to review workers’ terms and conditions

  Sports Direct to review workers’ terms and conditions

Sports Direct founder, Mike Ashley is to oversee a review of all agency workers’ terms and conditions at the company. The

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Oracle’s quarterly profit forecast doesn’t meet expectations

  Oracle’s quarterly profit forecast doesn’t meet expectations

Business software maker Oracle Corp  delivered a third-quarter profit forecast this Wednesday that did not quite meet analysts’ expectations, and

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NAMA predicts a €2 billion surplus once work completed

  NAMA predicts a €2 billion surplus once work completed

The National Asset Management Agency predicts a €2 billion surplus by the time it completes its work, according to management at the

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Uber and Facebook team up to offer Messenger users taxi trips

  Uber and Facebook team up to offer Messenger users taxi trips

Two digital giants, Uber and Facebook partnered to allow Messenger users to call Uber cars without leaving the Facebook-owned Messenger app.

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