Media group Mediahuis, publisher of the Irish Independent titles, has completed an acquisition of IMAGE Media, the women-focused lifestyle and business publishing brand, in a move that strengthens its position in Ireland's media landscape.
Category: Business News
Post
An Post Announces €285,000 Starting Salary Package for Incoming Chief Executive
The state-owned postal service has disclosed that its newly appointed chief executive will receive annual compensation of €285,000 during their inaugural twelve months, with a scheduled increment to €295,000 in year two.
Post
IDA Ireland Intensifies Investment Drive Following Merck Pharmaceutical Facility Closure in Arklow
Ireland's foreign investment agency is launching a strategic campaign to attract new multinational employers to Wicklow following the pharmaceutical giant's decision to cease operations at its Arklow manufacturing facility.
Post
Berkeley Group Reports 15% Annual Profit Decline, Urges UK Policy Reform
British property developer Berkeley Group has experienced a 15 percent reduction in yearly earnings, prompting executives to advocate for governmental measures addressing taxation and compliance frameworks affecting the residential construction industry.
Post
Power City Owners Distribute €20 Million in Dividends Despite Profit Decline
The family controlling Irish electrical retailer Power City extracted €20 million in shareholder dividends while the company experienced a reduction in pre-tax profitability, raising questions about cash management strategies amid changing retail conditions.
Post
Collison Brothers Offload San Francisco Property for $9.1 Million as Tech Real Estate Portfolio Shifts
The Irish entrepreneurs behind Stripe have concluded a significant San Francisco property transaction, selling their technology sector residence for $9.1 million as Silicon Valley real estate dynamics continue to evolve.
Post
Covalen Employees Stage Demonstration Outside Meta’s Dublin Campus
Trade union members employed by outsourcing contractor Covalen mounted a workplace demonstration at Meta's Irish headquarters in Dublin, highlighting labour relations tensions in the tech sector's supply chain.
Post
GameStop’s €52 Billion eBay Acquisition Proposal Meets Market Scepticism
Financial markets express doubt over GameStop chief Ryan Cohen's audacious €52 billion takeover proposal for eBay, as the e-commerce giant's stock price suggests investors question deal viability.
Post
Estee Lauder Announces Additional 3,000 Job Cuts Amid Global Restructuring Programme
The cosmetics giant has outlined plans to eliminate thousands of additional positions worldwide while simultaneously upgrading its annual earnings projections as part of an accelerated transformation strategy.
Post
Auditors Flag Going Concern Doubts for Spotlight Oral Care Despite Profitability Return
Independent auditors have raised significant going concern questions about Dublin-based dental care brand Spotlight Oral Care, citing material uncertainty connected to investor shareholdings, even as the company posted a return to positive earnings.