Business
News from Ireland

Galway city office on market for €8.5m with Cisco as long-term tenant
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Colm Kelleher’s UBS faces protracted scrap with Swiss minister
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Mark Carney makes electoral gains amid trade war with the US
Canadian PM holds majority in House of Commons heading into new parliamentary session

This Working Life: ‘How is paint made? With blood, sweat and tears – and a precise recipe’
Irene Smith is the head of the colour lab at Fleetwood Paints

An Post next-day delivery rates plunged last year as it falls further behind official targets
Performance rates were higher for typed addresses than for handwritten addresses

Irish bond yields at highest levels since bailout era as fear stalks global markets
Buoyant public finances mean the Government is still relatively insulated

One in three would consider a charitable gift in their will if it eased inheritance tax burden
Charities group calls for changes in the Budget to incentivise legacy donations

Eoin McGee answers: ‘How do we build a €60k education fund for our four-month-old baby?’
For now, we are depositing spare cash into a neobank that is paying 3.01pc, gross of Dirt

Hundreds queue to bid ‘arrivederci’ to beloved Italian couple as Wicklow gelateria to make way for amusement arcade
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Irish medtech company secures €3m in funding to develop screening technology
Full Health Medical develops technology that enables doctors to provide improved services

Dublin’s office rents ‘will need to rise’ to fund next wave of prime developments, says new report
AI firms drive ‘growing impact’ on Dublin office market

New laws failing to keep pre-teens off social media as 70pc still have accounts
CyberSafeKids survey shows there has been almost no reduction in under-age use of platforms

Over 5,000 small businesses in Ireland have taken part in mentoring programme since 2020
More than €9m in state funding and private contributions has been invested in MentorsWork

Peter Flanagan: I studied a ‘useless’ degree – now AI has made philosophy a safe career choice
Courses that once set students up for a secure life are in a precarious position

Fully let IFSC office investment for €10m offers buyer net initial yield of 8.45%
Proposed sale of 4 Custom House Plaza follows recent disposal of neighbouring blocks for €24m

Office rents must hit record €80 per square foot to justify new building, says HWBC
Broker sees headline rents topping €70 per square foot by end of 2026

Danny Buckley: ‘Her last words to me were a plea to please get help for my ADHD’
ADHD Now is Ireland’s largest private ADHD assessment and treatment provider

Burnout and longer working lives leading to career changes at later stage, says recruitment firm
Work Q&A: Recruitment firm says there is a “growing trend” of professionals aged 30 and over seeking new caree…

Dyson introduces cameras and machine learning to dental care with new smart toothbrush
Dyson CameraJet targets plaque and flosses for users while they brush

‘I think only one of my friends has a job’: Youth unemployment report paints bleak picture
Report suggests teenagers are disproportionately affected by failure of jobs market to fully bounce back

Fish Shack founder awarded €75,000 at Labour Court
Padraic Hanley alleged that he was forced out of PBR Restaurants for objecting to what he saw as ‘wrongdoing’ …

European stocks hit one-month low as inflation and rising yields exerts pressure on markets
Euro zone inflation rises above 3 per cent, cementing ECB rate hike bets

GP and elderly mother awarded €12k over Dundrum clinic receptionist’s ‘disrespectful’ conduct
Receptionist’s actions were ‘notably different to how Irish patients were treated’, WRC adjudicator rules

Shein shares slide as much as 10% in Hong Kong debut
Fast-fashion retailer completes long-delayed IPO at bargain-basement valuation

Over one in four of all cars sold this year was an EV – Simi
More than 120,000 cars type have been registered in the State so far this year with Toyota the top seller

Ikea cuts Irish prices by up to 25% amid slumping consumer confidence
About 1,500 products in 20 European countries will be cheaper as furniture retailer battles cost-of-living cri…

Rules on drone use still a mystery to most people, IAA survey finds
Awareness is growing but from a low starting point despite ‘exponential‘ growth in drone use over past five ye…

Fórsa backs industrial action by 96pc in largest-ever strike ballot
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Bond sell-off accelerates globally as investors bet on interest rate hikes
Borrowing costs for UK rise to highest level since 2008 and Japanese yields hit highs not seen since 1990s

Customer relations company Klaviyo to expand Dublin headquarters
Company plans to grow workforce to 250

ECB rate rise next week ‘nailed on’ as inflation in eurozone passes 3pc
Mortgage-holders near end of fixed rate advised to examine options

Pre-tax losses at Irish arm of Krispy Kreme more than double to €3m
New accounts show pre-tax losses at Krispy Kreme Ireland Ltd last year increased by 136pc as revenues dipped b…

Losses at Krispy Kreme’s Irish business more than double to €3.07m
Revenues are now down 10% over two years as cash-strapped customers reduce their doughnut purchases

Euro zone inflation jumps to 3.3%, paving way for ECB rate hike
Higher energy costs and a pick-up in service prices drives price growth across bloc in August

Losses at Krispy Kreme’s Irish arm jump to €3m as revenue slips and inflation bites
Company impairs assets in respect of underperforming locations

Former fisherman swaps ‘icicles in beard’ for gelato success as business expands across Ireland
The owner of Little Mamma’s Gelato chats with Mary McCarthy about being stocked in supermarkets north and sout…

Oil prices rise on renewed supply disruption risks
US president Donald Trump threatened further strikes against Iran following the first exchange of direct attac…

Young people’s working woes and what David Beckham tells us about advertising today
Business Today: The best news, analysis and comment from The Irish Times business desk

Manna’s Bobby Healy: ‘We’ve worked through real challenges along the way’
Manna Air Delivery’s mission is to make lightning-fast suburban deliveries affordable, green and safe

Youth unemployment still well above pre-crash levels
New report underlines problems facing young people seeking work