Syndicated News

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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25 Jul

Wednesday 25 July 2018 Housing crisis deepens and raises pressure on Murphy

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 […]

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23 Jul

US stock markets well-positioned to weather any trade war storms

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 […]

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23 Jul

Dublin-listed venture capital firm invests £7m in surgical guidance company

Dublin and London listed Draper Esprit has invested £7m (€7.8m) in Endomag, a surgical guidance company that pioneers magnetic sensing equipment, which targets and removes cancer. Since April this year Draper Esprit has invested £29m across eight transactions, and a further £7m from its enterprise investor scheme (EIS) and venture capital trust (VCT) funds, the […]

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