Author: Practicenet

Grandparents who help out with childcare would receive a €1,000 annual payment under plans outlined by Independent ministers in Budget negotiations. The self-assessed payment would be available to all grandparents who care for their grandchildren for more than 10 hours per week. In their first negotiations with Finance Minister Paschal Donohoe ahead of the Budget, […]

The rapid growth of Dublin’s Silicon Docks is being fuelled by a combination of US president Donald Trump’s stance on immigration and ongoing uncertainty in relation to the attitude of the UK authorities to foreign workers post-Brexit. That’s the message Hibernia Reit CEO Kevin Nowlan says his company has been hearing from its tech-sector tenants […]

Ireland’s resurgent hotel sector is facing competition for labour that is likely to push up costs for operators as they battle for staff in an economy with falling unemployment, a new study has warned. The annual Crowe Ireland survey of the country’s hotel sector said that the industry has enjoyed the seventh consecutive year of […]

DataStax, a US-based data management IT company, is to create 30 jobs in Cork with the opening of its first office in Ireland. The California-based company, which was founded in 2010, currently has over 500 employees based in multiple US and international locations. The move into Ireland is a chance for DataStax to expand its […]

The European IPO market posted a 5pc increase in money raised in the first half of 2018, with total proceeds of €21.8bn. The number of initial public offerings was up 4pc at 168. The figures are contained in a new report from PwC, which said that after a strong first quarter activity had become subdued […]

Apple is expected to unveil its biggest rise in profits since late 2015, with third-quarter revenue set to hit $52.9bn (€45.3bn), boosted by dearer iPhones and strong sales from its lucrative app store and services business. Analysts and mobile industry sources expect investors in the Silicon Valley giant to receive the welcome news of another […]

A team of engineering students from NUI Galway have scooped a major European award for a super-efficient vehicle. They took first place for technical innovation at Europe’s prestigious Shell Eco-marathon Europe competition. The Galway energy-efficient car (Geec, left) is said to be Ireland’s ‘greenest’ with a claimed range of 350km on just one unit, or […]

Ryanair has today written to over 300 employees warning them that their services may not be required from October 28. The protective notice to staff has been issued after the board took the decision to cut its Dublin-based fleet by 20pc for the winter. Over 100 pilots and 200 cabin crew employees will be affected […]

THE number of people living in emergency accommodation has hit another record high – but campaigners say the figures don’t take account of the “hidden homeless”. Housing Minister Eoghan Murphy is under renewed pressure after a series of reports showed the housing crisis continues to worsen. According to the Department of Housing, 9,872 people were […]

Trade war fears have rattled US markets this year – but despite these worries, they have continued to post gains. The S&P 500, the US’s main benchmark index, and the Nasdaq index of leading technology shares, retreated from their bull run following President Donald Trump’s decision to impose tariffs on steel and aluminium imports in […]