Google expands in Ireland, opens new €150m data centre

Google has opened a new €150m data centre in west Dublin bringing its total investment in capital assets in Ireland to over €750m. The tech giant, which employs 3,000 people directly and a further 3,000 indirectly here, has increased its staffing levels by over 20pc in the last 12 months. The new data centre in […]

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Trade surplus expanded by a fifth in April – CSO

The goods trade surplus expanded by more than a fifth in April as exports increased and imports fell. Preliminary figures for the month, published by the Central Statistics Office, shows that seasonally adjusted goods exports increased by €254m to €9.24bn in the month. By contrast, goods imports slipped by 11pc to €4.7bn, dragged down by […]

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Ireland faces four big issues. Three of them are out of our hands

Brexit, migration, geopolitical tensions and debt. They’re the big issues that are fuelling economic uncertainty, according to the Central Bank’s latest Macro Financial Review. The scary thing is that of the four issues identified, there’s only one on which we can have any impact – debt. The first three are external and entirely out of […]

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Ireland sixth fastest growing property market in world – survey

Annual growth of 7.7% in year to March 2016 sees Ireland outpace growth in Germany, Netherlands and Canada Irish house price growth may have stalled of late, but new figures show that Ireland was nonetheless one of the fastest growing markets in the world in the year to March 2016. According to figures from the […]

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More than 7,000 jobs could come from solar power – report

New study shows huge potential for job creation from renewable energy Solar power could create up to 7,300 jobs while meeting 7 per cent of electricity demand, according to report published by the industry on Tuesday. The Irish Solar Energy Association is lobbying the Government for supports similar those given to wind and other renewables, […]

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Sterling falls to eight-week low on Brexit anxiety, yen surges

The British pound fell to an eight-week low against the dollar and a three-year low against the yen on Monday as investors grew more nervous of a referendum that could pull Britain out of the European Union. The yen gained broadly, hitting a one-month high against the dollar and three-year high against the euro on […]

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