Business News

LinkedIn has announced a new partnership with Jobcare aimed at connecting communities in need with economic opportunities to make their visions a reality. Over the next two years, LinkedIn, the world’s largest professional social network, will provide €180k in funding through the company’s social impact programme, LinkedIn for Good. “With our EMEA headquarters in Dublin, […]

The dramatic increase in residential rents is a cause of major concern and will potentially have significant adverse consequences for the entire economy, the State’s competitiveness watchdog has warned. Soaring rents and rising house prices will inevitably fuel calls for higher wages, increase the cost of living and ultimately damage competitiveness, the National Competitiveness Council […]

Michael Noonan latest night formally launched the long anticipated €3bn sale of shares in AIB in a move that returns the lender to the stock exchange almost seven years after it was nationalised. The move will see the Government sell 25pc of the almost entirely State-owed bank. The balance – worth around €9bn – will […]

Professional services firm Grant Thornton has announced the creation of 250 new jobs across all areas of its business operations in Ireland. A significant number of the new posts will be filled in its centre of excellence which opens today. The positions are permanent roles for individuals with practice and industry backgrounds, and will be […]

A total of 3,340 mortgages were approved in April, up 11.7pc year-on-year, but down 11.6pc month-on-month, according to the latest data released by the Banking and Payments Federation of Ireland (BPFI). The value of mortgages approved in April 2017 was €685m, of which €366m, or just over 53pc, of approvals were for first time buyers, […]

Virtual reality has been named as a key job trend for marketing professionals, according to research carried out by IrishJobs.ie. In a survey done by the recruitment company, marketing professionals said that virtual/augmented reality, programmatic advertising and personalisation will all be significant drivers of jobs within their sector. One in five marketing respondents in the […]

Allied Irish Banks (AIB) will begin its journey back to privatisation this week as the Government prepares to officially launch a €3bn share sale in a watershed moment for the banking industry and the economy. It is almost seven years since taxpayers sunk €20.8bn into the then-stricken bank as part of a wider rescue of […]

MSD, a multinational pharmaceutical company, has announced that it will create 330 new jobs and invest €280m over the next three years at two of its Irish manufacturing sites in Cork and Carlow. The new jobs are as a result of increased global demand for MSD’s medicines and vaccines produced in Ireland. The investment will […]

Up to €60m is being made available for projects aimed at job creation in a new regional development fund. Funding will be provided by the Department of Jobs through the State development agency Enterprise Ireland. The move, which is being launched by Minister for Jobs, Enterprise and Innovation Mary Mitchell O’Connor TD and Minister of […]

Labour costs in Ireland are rising at one of the slowest rates in the EU despite the country’s strong economic performance. Ireland is currently the fastest-growing economy in western Europe, yet the latest data from Eurostat shows that wage costs in the country rose by just 1.1pc in the last three months of last year. […]