Software company Oracle has announced 450 jobs for “cloud sales professionals” in Dublin. The company is to grow its Irish workforce over 1,800 as part of a multi-billion euro investment across the Europe. A further boost will see 70 jobs created over the next 18 months by 3D4Medical, an Irish medical technology company which is […]
Food and drink exports hit record high of €10.8bn last year
New figures from Bord Bia show exports to the US increased by 40% Irish food and drink exports rose by more than 3 per cent to a record high of €10.8 billion last year, according to new figures from Bord Bia. This marks the sixth consecutive year of export growth with the body responsible for […]
Oil could crash to $10 a barrel, petrol prices could fall to 2009 levels
Oil prices have crashed to below $30-a-barrel amid warnings the rout could reach as low as $10 and bring down petrol prices to levels last seen in 2009. Standard Chartered became the latest major bank to downgrade its oil outlook to $10, joining the likes of Goldman Sachs, RBS and Morgan Stanley in making ultra-bearish […]
Concern for Irish exporters as sterling takes fresh pounding
The value of sterling against the dollar fell to a five and a half year low yesterday and held at six-month lows against the euro on the back of disappointing industrial production figures. Manufacturing endured its largest fall in over two years in November, highlighting concerns about the UK economy’s recovery. Worries about the UK’s […]
Record year for Dublin Port as trade increases 6.4pc
Dublin Port Company experienced a record year for trade in 2015 as trade grew by 6.4pc, according to new figures published by the firm. Nearly 33 million tonnes went through the port last year while there were some 7,166 ship arrivals, which brought it ahead of a previous high set in 2007. Imports at the […]
Ireland gets latest mega-corporation as Shire buys up Baxalta
Shire has won over Baxalta by adding cash to sweeten a takeover bid worth about $32bn in a deal that will create the world’s biggest maker of drugs for rare diseases. The price includes 0.1482 of Shire’s American depositary receipts and $18 in cash for each Baxalta share held, the companies said in a joint […]
Ireland gets latest mega-corporation as Shire buys up Baxalta
Shire has won over Baxalta by adding cash to sweeten a takeover bid worth about $32bn in a deal that will create the world’s biggest maker of drugs for rare diseases. The price includes 0.1482 of Shire’s American depositary receipts and $18 in cash for each Baxalta share held, the companies said in a joint […]
Science Foundation Ireland to invest €28m in research equipment and facilities
The Department of Jobs has announced a new €28m investment through Science Foundation Ireland (SFI) in research equipment and facilities that will benefit some 21 projects. The research projects benefiting from the investment cover a variety of subjects from geo-sciences to pharmaceutical banking manufacturing. Projects were awarded investment following a competitive international review of research […]
Workers to save up to €500 next year under FG tax plan
Taoiseach Enda Kenny is pinning Fine Gael’s re-election prospects on a new cut to the deeply unpopular Universal Social Charge (USC) which will leave workers up to €500 better off next year. In a major pre-election pledge, Mr Kenny will announce his intentions to slash the top rate of USC by at least 1pc in […]
Government aims to create 25,000 jobs in Mid East region 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 four years. The Mid East Action Plan for Jobs aims to deliver up to 15pc employment growth over the period for Meath, Kildare and Wicklow. […]
