Business

Starbucks is pulling out of the Russian market. In a memo to employees on Monday, Starbucks said it decided to close its 130 stores and no longer have a brand presence in Russia. Starbucks said it will continue to pay its nearly 2,000 Russian employees for six months and help […]

An investor’s application seeking the appointment of a taxpayer-funded inspector to a Christmas tree company is “without precedent”, the High Court has heard. Counsel for the Office of the Director of Corporate Enforcement (ODCE) said there does not seem to be a previous instance where the applicant pursuing the appointment […]

A Covid-19 vaccine producer from the United Arab Emirates (UAE) will “trenchantly oppose” a Galway firm’s application for an injunction to prevent it from pursuing a distribution contract with the Nigerian government, the High Court has heard. Counsel for Via Medica International Healthcare LLC, which is registered in the UAE, […]

A group of former employees of J&E Davy stockbrokers made a profit of €9 million from the onward sale of bonds they sold in 2014 on behalf of businessman Patrick Kearney, their counsel has told the High Court. Lawyers for the 16 former Davy employees, who are being sued individually […]

Irish employers are finding ways to broaden their offering to employees when it comes to working options, new research has found. It comes after several organisations across the State have continued remote or hybrid working following the lifting of Covid-19 restrictions. According to research from CIPD Ireland, which was carried […]

A new campaign has been launched by Fáilte Ireland in a bid to address staff shortages in the tourism industry. The €700,000 national awareness campaign ‘Works for Me’ aims to attract more people, across all ages and demographics, to jobs in the tourism industry. The campaign comes as the sector […]

Pre-tax profits at pizza group Domino’s largest Irish franchise increased by 16 per cent to €12.25 million in 2021. New accounts show that Domino’s firm, Shorecal, was making ‘lots of dough’ as revenues increased by nine per cent from €55.25 million to €60.26 million in the 12 months to the […]

Central Europe’s economies roared ahead in the first quarter due partly to robust domestic demand, preliminary GDP data showed on Tuesday, but surging inflation and the impact of the Ukraine war are set to dampen growth later this year. While an outright recession at the moment looks unlikely in the […]

Four property developers have been ordered to attend the High Court to account for assets which a bank says could be used to satisfy a €3.5 million judgment against them. In 2017 AIB obtained judgment, on consent, against Peter Donnelly of Newtown, Ardclough Road, Celbridge, Co Kildare, Paul Kelly of […]

Shanghai set out plans on Monday for the end of a painful Covid-19 lockdown that has lasted more than six weeks, heavily bruising China’s economy, and for the return of more normal life from June 1st. In the clearest timetable yet, deputy mayor Zong Ming said Shanghai would reopen in […]