Obama in attack on tax ‘race to bottom’ after Apple ruling

US President Barack Obama has accused allies of “racing to the bottom” with their taxation policies in the wake of the Apple tax ruling against Ireland. At the G20 summit in China, President Obama said he had raised tax avoidance with the world’s 20 biggest economies. The US President’s comments come just a week after […]

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An Irish tech company has just been snapped up by Intel

Irish tech firm Movidius has been acquired by Intel for an undisclosed fee, however the company was said to be valued at around €200m early last year. Movidius makes computer vision chips with the ambition of allowing machines to understand their surroundings and adapt to them. The firm has developed chips that powered the first […]

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An Irish tech company has just been snapped up by Intel

Irish tech firm Movidius has been acquired by Intel for an undisclosed fee, however the company was said to be valued at around €200m early last year. Movidius makes computer vision chips with the ambition of allowing machines to understand their surroundings and adapt to them. The firm has developed chips that powered the first […]

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Our service exports fall as sterling hits orders

Export orders in Ireland’s services sector dropped to a five-month low as a result of fewer orders from the UK due to the weakening in sterling, a survey has found. And the expansion in new business was the weakest for around two and a half years, according to the latest Purchasing Managers’ Index (PMI) for […]

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Our service exports fall as sterling hits orders

Export orders in Ireland’s services sector dropped to a five-month low as a result of fewer orders from the UK due to the weakening in sterling, a survey has found. And the expansion in new business was the weakest for around two and a half years, according to the latest Purchasing Managers’ Index (PMI) for […]

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Hogan: Apple debacle ‘won’t have any impact’ on foreign investment

EU Commissioner Phil Hogan flatly rejected suggestions that Brussels is trying to exert influence over Ireland’s tax policy through the Euro 19bn Apple tax demand. Commissioner Hogan said he can understand Ireland’s position on an appeal against the Apple tax ruling – but he denied that the Brussels stance was part of any broader EU […]

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Hogan: Apple debacle ‘won’t have any impact’ on foreign investment

EU Commissioner Phil Hogan flatly rejected suggestions that Brussels is trying to exert influence over Ireland’s tax policy through the Euro 19bn Apple tax demand. Commissioner Hogan said he can understand Ireland’s position on an appeal against the Apple tax ruling – but he denied that the Brussels stance was part of any broader EU […]

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Irish Stock Exchange reports ‘exceptional’ year as profits rise 25pc

Trading on the Irish Stock Exchange reached record levels last year as profits at the firm increased by 25pc to €6.7m. Revenue at the company increased by 12pc to €27.8m as the exchange increased its headcount by 20pc to facilitate its growth. The vast majority (70pc) of the ISE’s revenue came from international business lines. […]

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O’Leary blames DAA for Ryanair decision to cut Dublin capacity

Ryanair boss Michael O’Leary has insisted that the airline’s growth at Dublin Airport has not “topped out” following a decision to cut capacity at the capital next summer. The airline will reduce the number of seats out of Dublin by about 370,000, or 3pc, as it redeploys the capacity elsewhere on its network in Europoe. […]

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An application has been made to build nearly 500 new apartments in south Dublin

Apartment leasing agency IRES Reit has submitted an application for the construction of 492 new apartments as well as ground floor retail and commercial space in South Dublin. The development is situated in the middle of the Sandyford Business District on the Carmanhall Road as part of the Rockbrook scheme. The application has been made […]

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