Category: Syndicated

Over 200 jobs to be created across Ireland by nine companies

Growth in Ireland’s services sector fell to a fresh three and a half year low in October as Britain’s decision to leave the European Union continued to weigh on new orders, a survey showed on Thursday. The Investec Purchasing Managers’ Index (PMI) of activity in services fell to 54.6 in October from 56.2 in September, […]

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Revealed: Dublin’s place amongst the world’s most reputable cities

Dublin has risen two places to be named as the 20th most reputable city in the world, new research has shown. According to the City RepTrak 2016, which is compiled by the Reputations Agency and the Reputation Institute, Dublin has achieved its joint-highest ranking in the survey, which is based on the views of the […]

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Irish Life adds €36m to its Canadian parent’s bottom line as profits rise by 33pc

Irish Life added €36m to its Canadian parent’s profits in the third quarter of the year, up by a third on the same period in 2015. The insurer launched its new Irish Life Health business in September, shaking up the sector following its acquisitions of Aviva Health and the 51pc stake it did not already […]

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Irish services industry slows to three and a half year low

Growth in Ireland’s services sector fell to a fresh three and a half year low in October as Britain’s decision to leave the European Union continued to weigh on new orders, a survey showed on Thursday. The Investec Purchasing Managers’ Index (PMI) of activity in services fell to 54.6 in October from 56.2 in September, […]

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Insurer RSA posts 5pc drop in nine-month premium

Insurer RSA posted a 5pc drop in net written premiums in the first nine months of 2016 due to the impact of asset disposals, the firm said on Thursday. RSA, best known in Britain for its More Than insurance brand, said net written premiums fell to £4.82bn from £5.09bn a year earlier. Tangible equity fell […]

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British government must consult Parliament before triggering Brexit process

ENGLAND’S High Court has ruled that the British government requires parliamentary approval to trigger the process of exiting the European Union, a major upset for Prime Minister Theresa May’s plans for Brexit. Campaigners were celebrating victory in the legal battle against Theresa May’s decision to use the royal prerogative in her Brexit strategy, with demands […]

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Glanbia performance nutrition arm continues to drive sales growth

Irish nutritional group Glanbia has delivered a strong performance in the first nine months of the year as revenue in its rapidly growing performance arm continued to surge. Sales at its Glanbia Performance Nutrition (GPN) division increased by 10.9pc, driven largely by strong volume growth across all of its regions. Glanbia snapped up US protein […]

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Motorists get geared up for buying in North

Used car imports reached their highest monthly level for the year last month as sterling’s plunge induced more motorists to buy in the North or across the water. There were 7,090 used imports registered in October, a rise of 75.63pc on the 4,037 for the corresponding month in 2015. And it is the second successive […]

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Brexit may not mean Brexit for the North – McGuinness

Northern Ireland may still remain within the European Union despite Britain voting to leave, deputy First Minister Martin McGuinness has said. The North voted to remain within the bloc in the June referendum and Mr McGuinness said leaving the Union presents “massive challenges” for the island of Ireland. “The British government need to understand there […]

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Price slump and Corrib delays hit investment in oil and gas sector

Investment in Irish oil and gas projects is tipped to shrink in the next two years, as the sector deals with rock bottom prices, new research has shown. Around €1bn was invested into Irish schemes last year; however that figure is set to contract to €300m, according to the PwC Irish Oil and Gas Survey. […]

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