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Business News

Bank of Ireland report underlying profit of €480m for first half of 2017

28th July 2017

Bank of Ireland has reported an underlying profit of €480m for the first six months of this year, rounding off a busy week of results for Irish banks. Bank of Ireland also reported operating expenses of €881m in the first six months of the year, which are broadly flat in comparison with the first half […]

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Manufacturers shrug off Brexit with 15pc hike in their output

28th July 2017

The total value of products manufactured and sold here last year was €133.3bn – up more than 15pc on 2015, official data shows. The most significant increase in net selling value – the amount received by the seller after deducting the costs of making it – was in the pharmaceutical sector. Basic pharmaceutical products and […]

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Manufacturers shrug off Brexit with 15pc hike in their output

28th July 2017

The total value of products manufactured and sold here last year was €133.3bn – up more than 15pc on 2015, official data shows. The most significant increase in net selling value – the amount received by the seller after deducting the costs of making it – was in the pharmaceutical sector. Basic pharmaceutical products and […]

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Facebook’s got the top social status as it leaves Twitter in the dust

28th July 2017

Facebook’s mobile advertising business grew by more than 50pc in the second quarter, the company said in its earnings report on Wednesday, as the social network continued to establish itself as the venue of choice for an ever-growing array of online advertisers. In contrast, Twitter shares opened more than 10pc lower yesterday after it disappointed […]

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Facebook’s got the top social status as it leaves Twitter in the dust

28th July 2017

Facebook’s mobile advertising business grew by more than 50pc in the second quarter, the company said in its earnings report on Wednesday, as the social network continued to establish itself as the venue of choice for an ever-growing array of online advertisers. In contrast, Twitter shares opened more than 10pc lower yesterday after it disappointed […]

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Aldi store donates 25,000 meals to charity through FoodCloud

26th July 2017

Aldi’s Ballincollig store has become the first Aldi store in Ireland to donate 25,000 meals to local charities through the grocery store’s partnership with FoodCloud. FoodCloud’s innovative software platform allows stores to connect with local charities to ensure surplus food from grocery stores can be rescued. Since the partnership between Aldi and FoodCloud started in […]

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Parents sacrifice summer hols as cost of sending children back to school hits over €1,200

26th July 2017

Thousands of parents will be forced to deny their children basic school items this year as they struggle to fund the back-to-school spend. A majority of mums and dads say they will buy foreign goods over Irish-produced ones if it means reducing school costs. A survey commissioned by the Irish League of Credit Unions claims […]

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Property prices across Ireland shot up by almost €24,000 last year

25th July 2017

The price of a house rose nationwide by almost €24,000 last year. And there are far fewer vacant properties than previously estimated, a new report has found. Dublin property prices shot up by €40,000 last year. The national average house price for the year was €250,188, an increase of €23,739 since last year, according to […]

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Aldi store donates 25,000 meals to charity through FoodCloud

25th July 2017

Aldi’s Ballincollig store has become the first Aldi store in Ireland to donate 25,000 meals to local charities through the grocery store’s partnership with FoodCloud. FoodCloud’s innovative software platform allows stores to connect with local charities to ensure surplus food from grocery stores can be rescued. Since the partnership between Aldi and FoodCloud started in […]

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KBC Bank Ireland to cut interest rates across a number of savings accounts

25th July 2017

KBC Bank Ireland are planning to reduce the interest rates on a number of deposit accounts in a matter of weeks. In a notification release on Tuesday, the bank announced that the cuts would be effective across four different accounts from August 4. Customers who own a Smart Access Demand Account will see the return […]

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