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Global analytics firm teams up with Irish start-up for affordable wearable sports tech

An analytics company that engineers wearable technology for elite sports has teamed up with an Irish start-up to make its product accessible for the amateur sportsperson. Catapult Sports was born in 2006 after founders Shaun Holthouse and Igor van de Griendt saw an opportunity to capitalise on developing micro technology they were developing for professional […]

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Tax take from housing ‘could cause public finance issues’

A recovery in the housing sector to meet new and pent-up demand risks undermining the public finances if not managed properly, the Fiscal Advisory Council has warned. The chairman of the State’s budget watchdog Seamus Coffey said housing construction rates are so low we are building up problems, but output could ramp up quickly from […]

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How Brexit will hit your pocket – and ways to help ease the pain

Brexit will have a more permanent impact on Ireland than the financial crisis which rocked the country in 2008, a top economist has warned. “The shock from Brexit won’t be as deep as the 2008 financial crisis – but it will be more permanent,” said Alan Ahearne, director of the Whitaker Institute in NUI Galway, […]

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Revealed: Social Entrepreneurs Ireland Awards 2017 – The Finalists

From over a hundred applications, through a rigorous Dragons’ Den style bootcamp, the finalists for the Social Entrepreneurs Ireland Awards 2017 can finally be revealed. Some 16 of Ireland’s entrepreneurs with an ambition for social change in Ireland will now go through to the final stages of the selection. They will pitch their projects to […]

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How Brexit will hit your pocket – and ways to help ease the pain

Brexit will have a more permanent impact on Ireland than the financial crisis which rocked the country in 2008, a top economist has warned. “The shock from Brexit won’t be as deep as the 2008 financial crisis – but it will be more permanent,” said Alan Ahearne, director of the Whitaker Institute in NUI Galway, […]

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Fresh fears over plan to give EU more control over company tax

The EU Commission has conceded it cannot say how much multi-national tax revenue Ireland would lose under a proposal to give Brussels more control over big company taxes. After a series of tax avoidance scandals associated with the multinationals, which has heaped pressure for change on Ireland, the policy-guiding commission has redoubled efforts to get […]

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Irish businesses ‘will need up to €400m a year’ to offset hard Brexit

Up to €400m in State and EU supports will be needed annually to allow Irish businesses to mitigate the fallout from a hard Brexit, the country’s biggest business body has argued. Ibec said funds must be provided to support firms in sectors exposed to the UK to innovate, diversify into new markets, train staff and […]

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Google to be hit with €1bn-plus EU penalty

European Competition chief Margarethe Vestager is set to hit Google with a fine potentially greater than €1bn for alleged market anti-competitive practices in what will be the latest slap-down of a US tech giant by the EU. The European Commission’s decision will come after a seven-year investigation into the search engine triggered by scores of […]

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New European rules will sting unprepared small firms the hardest

You’d know the General Data Protection Regulation is less than a year off. With Europe’s big regulatory stick getting closer and closer, big companies are really starting to get into gear. Nowhere is this more evident than Facebook, which has become a lightning rod in the EU for data protection issues. The company has already […]

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Impact of digitalisation to be studied

A MAJOR study on the impact of the digitalisation of the manufacturing industry is being commissioned by the Government to examine the opportunities and challenges that it presents the sector. The contribution of the digital economy to the Irish economy was estimated at €12.27bn in 2015. It is estimated that this could rise to €21.4bn […]

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