The US dollar has been gaining ground against major currencies

In early trading, it rose over 110 yen for the first time in six years and was close to a two-year high against the euro at $1.25. Analysts say the dollar rally shows no signs of ending as sharp losses mount for other currencies. “We think the dollar rally has...

Irish Economy to surge by 5.3pc this year, Goodbody says

Ireland will be by far the best performing Eurozone economy as the recovery here broadens and strengthens. according to Goodbody chief economist Dermot O’Leary. Growth will be 5.3pc this year and 4pc in 2015, he said in a new report. He made the comment as new...

InterTrade Ireland ‘business ambassadors’ generate €20m

The companies were awarded “business ambassador” status by InterTrade at an event in Dublin’s Mansion House yesterday. Jobs Minister Richard Bruton hosted the event and said the body is important in driving enterprise growth, exports and job-creation...

Apple ‘forced sweetheart tax deal with jobs threat’

Carl Levin, a powerful member of the US Senate, said yesterday that the tax rate levied on the computer giant was based on what it was prepared to accept. The comments came after the European Commission (EC) accused Ireland of striking a tax arrangement with Apple...

Mentors can put the spark back into your business

Michael Shinnick, owner of The Business Practice, has been a mentor for the past ten years. An accountant by profession, Shinnick has experience in investment management and asset management. He says that there is no problem he hasn’t seen. “When I meet...

Irish food businesses ‘hit hard’ by EU-Russia sanctions war

The ongoing tensions between the European Union and Russia over the crisis in Ukraine are creating obstacles for Irish exporters to Russia, according to the Ireland Russia Business Association (IRBA). IRBA, the non-profit which promotes trade links between the two...