Categorized as: Syndicated News

Dublin pips Paris to become dearest city in Eurozone

Dublin is now the costliest city in the Eurozone to live in for expats, having overtaken Paris, according to a new survey.

The capital is also ranked 32 among the world’s most expensive cities.

It shot up the league table from number 66, primarily as a result of the strength of the euro compared to the dollar.

But the soaring cost of rental accommodation is also a major factor that …

Why you should work for a startup over a corporate

Corporations like Google, Facebook and Airbnb are some of the most coveted workplaces in the world and consistently top the best places to work lists.

It’s not too surprising; established companies have a lot to offer employees; an array of perks and benefits, security, clearly defined progression opportunities and a comfortable salary.

Can a startup offer you health insurance, a company car or unlimited free food? Probably not. More often …

Monday 25 June 2018 ‘I gave up my job and life savings to start my Irish clothing brand’ – Gym+Coffee CEO and co-founder Niall Horgan

Early last year, Niall Horgan helped to create a new clothing brand in Ireland that fit the lifestyle Irish people were leading.

Many of us like to regularly huddle up over a coffee (or chai latte), and we also aware of the importance of exercise for our overall wellbeing. Now we’re adopting a lifestyle where you can socialise doing both.

The ‘plus’ sign in Gym+Coffee signifies that balance we’re striving …

New MSD drug plant in Dublin gets nod

Pharmaceutical giant MSD – part of the US group Merck – has been given the go-ahead for plans to build a new biologics facility in Swords, Co Dublin, that will employ 350.

MSD has said that number could rise in the future.

An average of 700 construction workers will be involved in the project, hitting a peak of 1,000 over a nine-month period.

The new plant is set to open …

The Big Tech Show: Why are we freaking out about Amazon jobs?

How has it come to a situation where a big tech company announcing 1,000 new jobs is freaking people out?

This week’s Amazon jobs announcement has led to a backlash from people who feel it will put extra pressure on rents and infrastructure in the capital. Where will they live?”

“Oh great, even higher rents…”

“Why are these jobs all in Dublin?”

“How many will come from abroad?”

20, 10 …

A new property search engine, Perfect Property, has revealed the budget of the average house hunter in Dublin.

According to the site, the average house hunter in Dublin has a budget of €315,000 for their prospective home.

However, there are some exceptions, with 4pc of Dubliners having a budget of €1m and 1pc having a budget of €5m when it comes to searching for houses, according to research on from …

Nama surplus for taxpayers forecast to reach €4.5bn

Nama will deliver a €4.5bn surplus over its life – around €1bn more than its own latest estimates, according to Investec.

Last year the State’s bad bank redeemed the last of its €32bn startup costs, so the balance left when it is wound up will be returned to taxpayers and in effect goes to reduce the overall costs of the bank bailout.

At current projections, the Nama surplus combined with …

Tesla plans to cut 9pc of workforce, says Musk

Elon Musk’s electric car maker Tesla is cutting about 9pc of its workforce, Mr Musk said yesterday, as it seeks to reduce costs without endangering the critical ramp up of production of its Model 3 sedan.

Tweeting pictures of an email he said had been leaked to media, Mr Musk said that the cuts were part of a simplification of Tesla’s management structure promised last month.

“As part of this …

‘Do you have that fiver for me?’ – PayPal gets personal in new push

We’ve all been there – a tenner borrowed here, a fiver owed there. It can be hard to keep track when you owe it – and mortifying to have to ask for it back when you don’t.

Digital payments giant PayPal thinks it has the answer. It is throwing down the gauntlet by scrapping fees for euro transfers in Ireland.

With more than one million active accounts here, the money-transfer …

Irish Ferries to take further hit of €4m – €5m from ship delay

The announcement from Irish Ferries operator ICG of another delay to the delivery of the W.B. Yeats ship is set to hit earnings at the company by a further €4m – €5m, according to Davy analysts.

The group had already taken a hit of €2.5m in lost revenue from cancellations announced earlier this year.

On the back of this, analysts have reduced their financial year 2018 earnings estimate for ICG …

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