: Syndicated

Construction activity at highest since 2000

Irish construction activity increased at its fastest pace since June 2000 during February, according to the latest Ulster Bank Construction Purchasing Managers’ Index. The Index rose to 68.8 in February from 63.6 the previous month. This was the highest reading in the history of the survey, surpassing a previous peak set in November 2004. Construction […]

Read more

Facebook to create 200 new jobs at Dublin HQ

Facebook plans to create 200 new jobs in its Dublin headquarters, the company has said. The social networking giant says that it will employ 1,500 people in Dublin by the end of the year, with room to expand to 2,000 employees. Read more: Facebook staff ‘like’ new offices as they move to Dublin’s Grand Canal […]

Read more

European shares rise as banks’ rally strengthens

European shares rose on Monday, extending gains made in the previous session and with banking stocks among the top performers, as funding plans from the European Central Bank buoyed the sector. The pan-European FTSEurofirst 300 index, which had climbed 2.7pc on Friday, was up 0.9pc. Banks such as Monte dei Paschi and Banco Comercial Portugues […]

Read more

New Zealand bans zero hour contracts

New Zealand has passed legislation banning ‘zero hour’ contracts, in a move to ban deals criticised by many as exploitative. The Employment Standards Legislation Bill was introduced to end the use of deals that require employees to be available for work yet they have no guaranteed minimum hours. Opposition Labour MP Iain Lees-Galloway said: “To […]

Read more

Pfizer/Allergan boost as M&A activity jumps €45.3bn to €189bn in 2015

Mergers and acquisitions increased in value from €45.3bn to €189bn last year but reduced in volume, down to 104 from 120 in 2014, according to the William Fry M&A Review 2015. The figures included the €172.6bn mega-deal between Pfizer and Allergan, which was announced in November. Despite the sizeable deal, the mergers and acquisitions sector […]

Read more

Price of Irish farm land falls by almost €1,000 per acre

Kildare tops list for most expensive land values at €13,886 per acre The average price paid for farm land in Ireland fell by almost €1,000 per acre last year, according to a new report from the Irish Farmers Journal. The land price report shows average land values fell by 9.9 per cent from €9,890 per […]

Read more

Third of Irish employers offering pay rises to retain staff

Survey finds half of private sector employers to provide above-inflation pay rises this year Companies are increasingly offering pay rises to ensure staff don’t leave, with tech firms in particular going all out to retain essential employees with attractive salary increases. A survey of nearly 600 HR professionals undertaken by the Chartered Institute of Personnel […]

Read more

Glanbia launches new €100m milk loan fund for farmers

A €100M fund linked to the milk price has been unveiled for dairy farmers looking to expand in the face of volatility on the markets. The ‘MilkFlex’ fund will provide loans from €25,000 up to €300,000 to dairy giant Glanbia’s 4,800 milk suppliers, with key triggers that can adjust the repayment terms in times of […]

Read more

CarGurus to establish European HQ in Dublin creating 100 jobs

CarGurus, the US automotive shopping website headed up by the co-founder of TripAdvisor, is to establish its European headquarters in Dublin, creating 100 new jobs over the next three years. The Dublin office will be the firm’s first outside of the US and will be a hub for inside sales, dealer account services and technical […]

Read more