The Irish-based plant of global chip leader Intel is gearing up to manage an influx of employee requests for profitable severance agreements. This move is part of the tech behemoth’s strategy to reduce its worldwide workforce by 15 per cent with the deadline for applications set for Friday, as reported by Emmet Malone.
Travel tech company CarTrawler, based in Ireland, gave its parent corporation a dividend of €46.6 million last year. The substantial payment was made possible due to an increase in profits attributed to the ongoing recuperation in global travel post-pandemic and securing new business contracts. The facts are provided by Ciarán Hancock.
Following a continued downturn in the property marketplace and tepid domestic demand, exports have taken centre stage as the primary aid for economic progress in China. Our Correspondent in China, Denis Staunton, provides weekly analysis of significant, immediate financial hurdles confronting the world’s second largest economy.
There might be a halt in the €1 million deal of playing fields in Foxrock, as one of the clubs utilising the facilities claims they have had legal consultation that prevents the progression of the sale. Dominic Coyle provides updates on the enduring dispute between long-lasting GAA and rugby clubs in South Dublin.
In the past year, one out of every three Irish companies have had no choice but to deliver a ransom to cyber criminals, according to a recent poll. The information was shared by Ian Curran.
Addleshaw Goddard, an international law company, has penned a fresh 14-year leasing agreement with SMBC Aviation Capital. They will inhabit the second floor and part of the first at Fitzwilliam 28 in Dublin city centre, as mentioned by Jessica Doyle.
While the Central Statistics Office marks its 75th year, our columnist John FitzGerald examines the advancement of data analysis and its increased ability to reveal more about ourselves.
A recent survey conducted by the Irish Management Institute has brought to light an unexpected result: the overwhelming number of Irish business magnates do not view artificial intelligence as a key strategic element for their companies. This startling discovery was reported by Ian Curran.
In the latest series of profiles for the annual EY Entrepreneur of the Year awards, we bring you a closer look at four out of the eight candidates selected in the International category. Their sectors range greatly, incorporating AI in the healthcare field, Ballymaloe Relish, automation of partner programmes and the largest single cold storage operator in the regions below the Sahara. These profiles were put together by Fiona Keeley.