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Tesco beats forecasts with strong Christmas sales

Due to lower prices and more staff, Tesco achieved better than expected results over the key Christmas period, suggesting the supermarket chain may finally be recovering from several years of turmoil.

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LUNOS goes Nexxt Generation

Passive building supply specialist Partel is to launch the new Lunos Nexxt semi-centralised heat recovery ventilation system to the UK and Irish market. Nexxt is a decentralized heat recovery system that combines the benefits

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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 Coyle is joining their Right Track Health and Wellness Team

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€50m expansion of ADAPT research centre

The Science Foundation Ireland Research Centre, ADAPT, was launched by Minister for Skills, Research and Innovation, Damien English TD. ADAPT will focus on developing next generation digital content technologies that

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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 raised questions about GE’s pledges to create rather than destroy

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New Govt initiative aims to have 2.2 million employed by 2020

Irish Government aims to have 2.2 million people at work by 2020, according to a new Pathways to Work initiative for the period 2016 – 2020. The strategy also hopes to move

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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 of a continued slump in oil prices. BP said it aims

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Scientific sector to benefit from €28m funding

The Minister for Jobs, Richard Burton, TD together with the Minister for Research, Innovation and Skills, Damien English, TD today announced details of a €28 million investment in research equipment

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Skyscanner unveils investment plans

Travel company Skyscanner has announced a £128 million investment (€170.25m), taking the website-based firm’s valuation to an estimated £1 billion. Artemis, Baillie Gifford, Khazanah, Vitruvian Partners and Yahoo! Japan will

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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 group’s chairman into a Hollywood movie mogul as China’s richest

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C&C to cut over 100 jobs in Tipperary

Cider and beer company C&C Group is to shut two of its plants, which could lead to the loss of over 260 jobs. A cost-cutting review at C&C in Tipperary

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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 year for the channel. Mary Curtis joined the operation in

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Shire to buy Baxalta for $32 bn

Drugmaker Shire agreed to acquire Baxalta International Inc after a six-month pursuit with $32bn cash and stock offer that will make it one of the world’s leading rare disease specialists.

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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 deal in the company’s history was scuppered.  The Board has

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€18m for development of fishing harbours

The Irish Government has allocated €18m in funding for the development of Irish fishing harbours. The Infrastructure Capital Programme will fund safety, maintenance and development work as well as providing

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Government aims to create 25,000 jobs by 2020

The Government has outlined the latest in its series of regional job plans, aiming to create an additional 25,000 jobs in the Mid East of the country over the next

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MyHome.ie predicts house price growth of 5% for 2016

Property website MyHome.ie has predicted another year of “robust” house price growth this year on the back of rising incomes and the ongoing economic recovery. A new house price survey

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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 will become a major hub of Uber’s support organisation across

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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 Gatwick Airport. The airline, with an investment of $100m, will

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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. The report did not specify the financial terms of the

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CRH sells controversial stake in Israel’s only cement firm Mashav

Ireland based CRH Group has sold its 25% stake in Israel’s only cement firm, Mashav, ending a focus of huge controversy. CRH has been targeted by pro-Palestinian activists at its

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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. The NTMA say there was strong interest in the bond

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Renault-Nissan to launch cars with self-driving technology

Renault and Nissan’s partnership will launch more than ten cars with self-driving technology over the next four years in the US, Europe, China and Japan, the alliance’s leader has announced.

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20 new jobs for graduates in food industry

Bord Bia and the UCD Michael Smurfit Graduate Business School today launched a search for 20 ambitious graduates with a

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National Manufacturing & Supply Chain Conference & Exhibition 2016 Breaks New Ground

The National Manufacturing & Supply Chain Conference & Exhibition being held at the Citywest Hotel, Dublin, on Tuesday, January 26th,

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Datapac: Increased cyber security threats and growth in cloud in 2016

Datapac, Ireland’s largest indigenous ICT solutions services provider, today warns there will be increased cyber security threats for Irish organisations

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EI signs deal with European Space Agency to develop Irish centre

Enterprise Ireland has signed an agreement with the European Space Agency (ESA) to develop a Space Business Incubation Centre in

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AMBER appoints new director – Professor Michael Morris

AMBER, the Science Foundation Ireland funded materials science centre based at Trinity College Dublin, has announced the appointment of Professor

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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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FDI employment hits new benchmark of 187,056 people

IDA Ireland, the Government agency responsible for attracting foreign direct investment, has today announced the highest level of employment in

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Transpoco to create 20 new jobs in Dublin

Dublin-based telematics company, Transpoco, has announced its intention to double its workforce, creating 20 new jobs in the process. The

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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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Solar boost for food manufacturer Linwoods

Armagh-based food producer, Linwoods has invested in 200 rooftop solar panels as part of a significant £2 million development of

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Enterprise Ireland companies created 10,000 jobs in 2015

    Enterprise Ireland companies created 10,000 jobs in 2015

Enterprise Ireland client companies created 10,000 new jobs during 2015, according to the agency. In total the Government agency responsible

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CSO to employ 4,600 for census 2016

    CSO to employ 4,600 for census 2016

The Central Statistics Office is looking for people to distribute and collect forms for this year’s census which will take

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€10m for Dun Laoghaire shopping centre redevelopment

    €10m for Dun Laoghaire shopping centre redevelopment

The owners of Dun Laoghaire shopping Centre have lodged planning permission for a €10m redevelopment of the site. Coltard plans to

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Grafton Group acquires London-based timber firm

    Grafton Group acquires London-based timber firm

Grafton Group, the builders merchanting and DIY Group announces that it has completed the acquisition of T Brewer & Co

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Cairn Homes to build over 100 apartments on Hanover Quay site

    Cairn Homes to build over 100 apartments on Hanover Quay site

Irish homebuilder Cairn Homes has said it is acquiring a site in Hanover Quay in the Dublin Docklands for €18m from

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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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