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US stock markets well-positioned to weather any trade war storms

Trade war fears have rattled US markets this year – but despite these worries, they have continued to post gains.

The S&P 500, the US’s main benchmark index, and the Nasdaq index of leading technology shares, retreated from their bull run following President Donald Trump’s decision to impose tariffs on steel and aluminium imports in May, but investors soon shrugged off the announcement.

The US is imposing tariffs of 25pc …

Dublin-listed venture capital firm invests £7m in surgical guidance company

Dublin and London listed Draper Esprit has invested £7m (€7.8m) in Endomag, a surgical guidance company that pioneers magnetic sensing equipment, which targets and removes cancer.

Since April this year Draper Esprit has invested £29m across eight transactions, and a further £7m from its enterprise investor scheme (EIS) and venture capital trust (VCT) funds, the company said in a statement ahead of its AGM today.

This includes a £9.9m investment …

Monday 23 July 2018 Cybersecurity is so important to Ireland due to multinational population

Cybersecurity should be top of the agenda for all companies, and Ireland needs to be especially vigilant because so many multinationals have their headquarters here, according to Mikko Hypponen, the keynote speaker at Dublin Information Sec 2018.

Hypponen is an international expert on computer security and privacy issues and is credited with tracking down the authors of the very first PC virus. He is chief research officer at F-Secure.

Dublin …

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 …

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