Business News

Dublin pips Paris to become dearest city in Eurozone

26th June 2018

Dublin is now the costliest city in the Eurozone to live in for expats, having overtaken Paris, according to a new survey. The capital is also ranked 32 among the world’s most expensive cities. It shot up the league table from number 66, primarily as a result of the strength of the euro compared to […]

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Why you should work for a startup over a corporate

26th June 2018

Corporations like Google, Facebook and Airbnb are some of the most coveted workplaces in the world and consistently top the best places to work lists. It’s not too surprising; established companies have a lot to offer employees; an array of perks and benefits, security, clearly defined progression opportunities and a comfortable salary. Can a startup […]

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Bitcoin slides 70pc from $20,000 high

25th June 2018

Bitcoin dropped to the lowest level this year as pressure mounts on the embryonic digital-currency sector, with global central bankers raising questions of viability and government regulators increasing scrutiny. The biggest virtual currency fell as much as 5.1pc to $5,832.68 (€5,000) yesterday, piercing the previous low of the year of $5,920.72 (€5,074) that was set […]

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Monday 25 June 2018 ‘I gave up my job and life savings to start my Irish clothing brand’ – Gym+Coffee CEO and co-founder Niall Horgan

25th June 2018

Early last year, Niall Horgan helped to create a new clothing brand in Ireland that fit the lifestyle Irish people were leading. Many of us like to regularly huddle up over a coffee (or chai latte), and we also aware of the importance of exercise for our overall wellbeing. Now we’re adopting a lifestyle where […]

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New MSD drug plant in Dublin gets nod

22nd June 2018

Pharmaceutical giant MSD – part of the US group Merck – has been given the go-ahead for plans to build a new biologics facility in Swords, Co Dublin, that will employ 350. MSD has said that number could rise in the future. An average of 700 construction workers will be involved in the project, hitting […]

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The Big Tech Show: Why are we freaking out about Amazon jobs?

22nd June 2018

How has it come to a situation where a big tech company announcing 1,000 new jobs is freaking people out? This week’s Amazon jobs announcement has led to a backlash from people who feel it will put extra pressure on rents and infrastructure in the capital. Where will they live?” “Oh great, even higher rents…” […]

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Practicenet 2018-06-19 09:51:55

19th June 2018

A new property search engine, Perfect Property, has revealed the budget of the average house hunter in Dublin. According to the site, the average house hunter in Dublin has a budget of €315,000 for their prospective home. However, there are some exceptions, with 4pc of Dubliners having a budget of €1m and 1pc having a […]

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Nama surplus for taxpayers forecast to reach €4.5bn

19th June 2018

Nama will deliver a €4.5bn surplus over its life – around €1bn more than its own latest estimates, according to Investec. Last year the State’s bad bank redeemed the last of its €32bn startup costs, so the balance left when it is wound up will be returned to taxpayers and in effect goes to reduce […]

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Tesla plans to cut 9pc of workforce, says Musk

14th June 2018

Elon Musk’s electric car maker Tesla is cutting about 9pc of its workforce, Mr Musk said yesterday, as it seeks to reduce costs without endangering the critical ramp up of production of its Model 3 sedan. Tweeting pictures of an email he said had been leaked to media, Mr Musk said that the cuts were […]

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‘Do you have that fiver for me?’ – PayPal gets personal in new push

14th June 2018

We’ve all been there – a tenner borrowed here, a fiver owed there. It can be hard to keep track when you owe it – and mortifying to have to ask for it back when you don’t. Digital payments giant PayPal thinks it has the answer. It is throwing down the gauntlet by scrapping fees […]

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