News

03 Aug

The changing world of aviation

Globally, there are four big trends reshaping the aviation industry, which aviation companies and the Irish government alike must plan for. For half a century, the largest western airlines had the market for intercontinental air services to themselves. Now, competition for long-haul traffic is fierce, with the ‘Gulf Three’ diverting passengers who would previously have

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01 Aug

Trump and Brexit boost Silicon Docks

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

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01 Aug

Hotels face higher costs due to staff shortages

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

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30 Jul

DataStax opens first Irish office creating 30 jobs in Cork

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

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30 Jul

Europe IPO market up 5pc in first half

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

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30 Jul

Apple expects profit to soar as iPhone X boosts strong sales

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

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