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In Person: Cora boss finding the right solutions – Brexit or not

In Person: Cora boss finding the right solutions – Brexit or not

CORA Systems has every reason to be worried about Brexit. Located in Carrick-on-Shannon, and counting the UK‘s National Health Service (NHS) among its impressive list of clients, the project-management solutions provider believes innovation is the best antidote against a bad Brexit. Founder and CEO Philip Martin says the return of a hard border “would be the worst thing that ever […]

Apple ‘ordered 10pc cut in latest iPhone production‘

Apple ‘ordered 10pc cut in latest iPhone production‘

Apple has told suppliers to cut production of its latest iPhones by about 10pc over the coming quarter, again trimming its own projections for output of its flagship device. The smartphone giant made the request before last week‘s shock reduction in its sales outlook, ‘Nikkei‘ said, citing unidentified sources as saying. It is the second time in as many months […]

As cryptocurrencies reel, blockchain moves into position for 2019

As cryptocurrencies reel, blockchain moves into position for 2019

A year ago, Bitcoin was trading at €16,000. Today, it‘s €3,600. So was it all just a bubble? Yes, say some. No, say others. “Demand has fallen, no question,” says Peter Nagle, the co-founder of the Cork-based cryptocurrency exchange Bitcove.ie. “There was an element of a bubble involved. But while there‘s been a big drop in price, there have been […]

€74m in State aid allocated to help business

€74m in State aid allocated to help business

Enterprise Ireland has approved funding worth €74m to help companies that are most exposed to Brexit. It believes 25,000 jobs here are vulnerable in the event of a hard Brexit. Chief executive Julie Sinnamon said the uncertainty surrounding Brexit had already started to damage Irish businesses, some of whom were not able to increase prices to cover the decline in […]

Everything from potatoes to a trip to the cinema now costs you more

Everything from potatoes to a trip to the cinema now costs you more

The cost of basic household staples, including potatoes, bread, motor fuels and haircuts, rose between 2016 and 2017, the Central Statistics Office (CSO) says. Of 14 items highlighted by the CSO, 10 were more expensive and just four cheaper compared with the previous 12 months. The sharpest rise was in the cost of a litre of diesel which stood at […]

John Downing: ‘Blow to ‘Plan B‘ may shorten the endgame – but increase the risk‘

John Downing: ‘Blow to ‘Plan B‘ may shorten the endgame – but increase the risk‘

Brexit good news in any form is very scarce – so let‘s lead with a potential positive. The latest parliamentary reverse for Theresa May could speed up the Brexit end-game. Since we have been obliged to listen to this dreary and complex guff for almost three years, that is surely not bad news. Alas, as always, it‘s not entirely that […]