Economy

DUBLIN: The Cabinet sub-committee approved the reopening of restaurants and gastro pubs. The decision is to reopen from December 7. The Cabinet sub-committee met yesterday to discuss the NPHET recommendations regarding granting exemptions…

DUBLIN: Apple is planning to reduce its reliance on Chinese products as a result of the trade dispute between China and the United States. At Apple's request, Foxconn moved its iPad and MacBook assembly units from China to Vietnam. …

Heather Humphreys, Minister of Social Welfare, has announced that the term of the Pandemic Unemployment Payment (PUP) announced in Ireland in the wake of the Covid epidemic has been extended to March 31, 2021. The scheme was due to…

Public Expenditure and Reform Minister Michael McGrath said he would soon hold formal talks with public service unions and staff associations on Ireland's new pay reform. Following the expiration of the contract from January 2018 on…

A new Brexit loan scheme was launched through Microfinance to help small businesses in Ireland to prepare for Brexit. Companies whose turnover has dropped or is likely to drop by 15% or more because of the UK's departure from the EU…

Microsoft's campus in Leapordstown, Dublin is being renovated and expanded. Microsoft plans to hire 200 new engineers and build an engineering hub at a cost of 27 million euros. The company currently employs 2,500 people in Ireland. The…

DUBLIN: The Central Bank has directed that the problems faced by borrowers in the COVID-19 context should be addressed humanely and all possible interventions should be made. Deputy Governor of prudential regulation Ed Sibley and director…

DUBLIN: According to a new survey, Ireland ranks fourth in the list of European countries in terms of Foreign direct investment. The findings are from the EY European Attractiveness Survey conducted in 47 countries in October. Survey…

The European Union may pay more than €8.4 billion to secure hundreds of millions of doses of COVID-19 vaccine candidates being developed by Pfizer-Biotech and CureVac, according to an EU official. As per the information, the EU has…

Irish Foreign Minister Simon Coveney has said he expects a trade agreement between the European Union and the UK to be ratified, although talks on post-Brexit trade ties are not stable. The EU and the UK are due to move to post-Brexit…