Industry & Business

Zurich ‘terminates’ takeover talks with RSA

  Zurich ‘terminates’ takeover talks with RSA

Zurich Insurance Group abandoned an offer for RSA Insurance Group because it expects a loss in its own general insurance

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Bank of America moves $9bn out of Ireland to UK

  Bank of America moves $9bn out of Ireland to UK

Bank of America-Merrill Lynch, the corporate banking arm of the massive US institution, has shifted $9 billion (€8 billion) of

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HP set to cut 30,000 jobs as company splits

  HP set to cut 30,000 jobs as company splits

HP will cut its workforce by as many as 30,000 people as it undergoes its split into two separate companies,

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Crude oil prices rise as US drilling is reduced

  Crude oil prices rise as US drilling is reduced

Oil prices rose by around one per cent on Monday as US drilling slowed and analysts estimated that $1.5 trillion

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Powerscourt distillery and visitor centre to create 18 jobs

  Powerscourt distillery and visitor centre to create 18 jobs

Powerscourt distillery will create 18 full-time jobs with a craft distillery and visitor centre at the Powerscourt Estate, in Enniskerry,

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Cork to get 75 new jobs

  Cork to get 75 new jobs

Two companies announced plans to create 75 jobs in Cork on Friday morning. In Ballincollig, Co. Cork, Irish company Asystec,

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Nexvet Secures Biomanufacturing Facility in Tullamore

  Nexvet Secures Biomanufacturing Facility in Tullamore

Tullamore, Ireland – September 16th 2015. Minister for Skills, Research and Innovation Damien English today announced that Nexvet Biopharma (Nasdaq:

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Fears for Irish jobs as Deutsche Bank likely to cut 23,000 staff

  Fears for Irish jobs as Deutsche Bank likely to cut 23,000 staff

That would bring the group’s workforce down to around 75,000 full-time positions under a reorganization being finalised by new chief

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Medical and pharma exports bolster July figures

  Medical and pharma exports bolster July figures

Preliminary figures for July show that seasonally adjusted goods exports fell by €596m, or 6pc, to €8.76bn from June, according

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Online payments firm Realex to create 50 jobs in Dublin

  Online payments firm Realex to create 50 jobs in Dublin

Irish-founded online payments firm Realex, which was acquired by the US firm Global Payments for €115 million in March, is

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Applegreen’s half yearly revenues up 16%

  Applegreen’s half yearly revenues up 16%

Today’s results are the company’s first as a stock listed firm. The company said its like-for-like profit margin on fuel

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US pharma giant looks at selling Irish plant

  US pharma giant looks at selling Irish plant

The biggest drug manufacturer in India in terms of revenue is trying to control costs that have spiralled since it

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Sales of Kerrygold products expected to grow 30% in US this year

  Sales of Kerrygold products expected to grow 30% in US this year

Ornua, which was formerly known as the Irish Dairy Board, has reported that sales of its Kerrygold butter and cheese

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Ward Solutions invests €1.2m in Dublin operations centre

  Ward Solutions invests €1.2m in Dublin operations centre

Ward Solutions has invested €1.2 million in an operations centre aimed at expanding its managed information security services offering to

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IAG buyout of Aer Lingus makes €12m for activist investor

  IAG buyout of Aer Lingus makes €12m for activist investor

The investment firm revealed the profit yesterday. Crystal Amber only acquired its 2.8pc Aer Lingus stake in summer last year.

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Diageo to unveil Oliver Loomes as new Irish country director

  Diageo to unveil Oliver Loomes as new Irish country director

Diageo is expected to name Oliver Loomes as its new country director of Ireland later this morning in place of

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Paddy Power and Betfair merger company to be Dublin based

  Paddy Power and Betfair merger company to be Dublin based

The €2 billion-a-year gambling giant formed by the merger of Irish bookie Paddy Power and London-listed betting exchange Betfair will

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SAS to create 150 jobs over three years in Ireland

  SAS to create 150 jobs over three years in Ireland

New centre in Dublin expands operations and investment in Ireland’s Big Data economy DUBLIN, IRELAND – 8 September, 2015 –

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Survey: Facebook still dominant in higher education

  Survey: Facebook still dominant in higher education

Dublin, 08 September 2015:  TERMINALFOUR, the digital marketing and web content management platform for higher education, today announced results of

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276 jobs to be announced for south-east in Eishtec, Bluefin and CipherTechs

  276 jobs to be announced for south-east in Eishtec, Bluefin and CipherTechs

The week is getting off to a good start with the news that, across the south-east of Ireland, three companies

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Geoscience Ireland firms create 134 new jobs

  Geoscience Ireland firms create 134 new jobs

Geoscience Ireland member companies created 134 new jobs in the first six months of 2015, according to the Department of

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Paddy Power shareholders to receive €80m special dividend

  Paddy Power shareholders to receive €80m special dividend

Irish bookmaker Paddy Power has agreed the terms of its proposed merger with UK gaming company Betfair, paving the way

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Tesco agrees £4.2bn deal to offload South Korean operation Homeplus

  Tesco agrees £4.2bn deal to offload South Korean operation Homeplus

Tesco has agreed to sell its South Korean business Homeplus in a £4.2 billion deal in the latest phase of

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South East region to get 270 new jobs

  South East region to get 270 new jobs

The Government is planning a series of jobs announcements later this morning across the south east. Minister for Jobs, Enterprise

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Fourth Global Irish Economic Forum to focus on entrepreneurship and scaling up companies

  Fourth Global Irish Economic Forum to focus on entrepreneurship and scaling up companies

Focusing on entrepreneurship and supporting businesses in scaling up and creating jobs, the fourth Global Irish Economic Forum is to

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Musgrave’s €57m sale of GB business gets competition approval

  Musgrave’s €57m sale of GB business gets competition approval

It marks the end of a more than decade-long failed assault on the market, with Musgrave now largely concentrating on

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Areva supplies vessel head for nuclear reactor in Belgium

  Areva supplies vessel head for nuclear reactor in Belgium

France-based energy generation firm Areva has delivered a new vessel head to Engie Group’s subsidiary, Electrabel, for the 1,047MW Unit

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UK’s 2GW Eggborough power station may close in March 2016

  UK’s 2GW Eggborough power station may close in March 2016

Eggborough Power (EPL) intends to shutdown its 2GW coal-fired power facility in North Yorkshire, UK, by March 2016. This decision

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Up to 400 new jobs are set to be announced in Donegal after the county’s largest employer revealed plans for an expansion.

  Up to 400 new jobs are set to be announced in Donegal after the county’s largest employer revealed plans for an expansion.

Pramerica, a global finance company and subsidiary of US firm Prudential Financial, already has more than 950 employees on two

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US pharma services firm Tech Group eyes significant Dublin expansion

  US pharma services firm Tech Group eyes significant Dublin expansion

Dublin could be in line for another jobs boost with a planned multi-million euro expansion of a US-owned pharma outsourcing

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