Donal O'Donovan
Independent.ie
Ireland
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Past articles by Donal:
Stripe is fighting a war for talent, but today all that matters is raising cash
Stripe is lining up a massive $6bn (€5.6bn) investment round, among the biggest in Irish corporate history and huge even by the standards of Silicon Valley, the Collison brothers’ home-from-home. → Read More
Deirdre McGettrick’s Ufurnish raises £3.8m in fresh investment round
Irish entrepreneur Deirdre McGettrick’s London-based Ufurnish shopping portal has raised £3.8m (€4.26m) of fresh investment from new backers including Tetrarch Capital’s Ciara McElligott and KPMG partner Michele Connolly. → Read More
Almost all Irish consumers will cut spending as cost-of-living squeeze tightens
Surging living costs have forced almost eight out of 10 Irish people to changed their spending habits in the past six months. Nearly half are fearful about the state of their personal finances. → Read More
Gas prices plunge on the markets, but price for consumers still at record highs
The gap between wholesale gas prices and the bills being charged to households and businesses has widened , with European natural gas futures now at a 17-month low. → Read More
Ratings agency S&P highlights ‘social risk’ in Irish loans
Investing in troubled Irish mortgages comes with an elevated ‘social risk’, according to a note to money managers from rating agency S&P Global Ratings ahead of a new bond deal backed by thousands of boom-era Irish home loans. → Read More
Businessman and former Greencore chairman Gary Kennedy dies aged 65
Well-known businessman Gary Kennedy has died aged 65. His death was announced by London stock market-listed Norcros, where the Irishman was chairman of the board of directors and a non-executive director of the company. → Read More
Paid health insurance among perks banks are considering in bid to boost staff retention
Senior banking industry figures are understood to be reviewing a return of non-cash benefits, including health insurance and childcare supports for the first time since the financial crisis. → Read More
Spike in search for part-time work as cost-of-living squeeze tightens
There has been a spike in searches for casual and weekend work as households scramble to cope with cost-of-living increases that are running well ahead of wage growth. → Read More
Dell to cut 6,500 jobs world wide as post Covid demand drops
Dell Technologies, one of Ireland’s biggest private sector employers, has said it plans to lay off about 5pc of its global workforce as it struggles with a slump in the personal computer market and braces for a potential recession. It adds up to around 6,500 job losses world wide. → Read More
Tech sector is still best bet for Dublin office market despite cuts, says Savills report
Tech remains the best bet to provide tenants for Ireland’s prime offices despite a global wave of high-profile job cuts and spending reductions washing through the sector, according to estate agent Savills’ latest Dublin Office Market review. → Read More
Services sector rebound and strong tax take point to resilient economy
The economically important services sector rebounded in January in the latest sign of an improving growth outlook for Ireland. → Read More
Laid-off tech workers should look to property, says top surveyor
Tech workers should look at the construction sector for new jobs, as demand for skilled professionals drops in one sector and rises in the other, according to the President of the Society of Chartered Surveyors Ireland (SCSI). → Read More
Croatia to join the euro area on January 1 as legacy of Balkan war fades
Croatia will adopt the euro as its currency on January 1 when the former Yugoslav republic will also become a full member of the European Union-led Schengen area. → Read More
Gender pay reports show women lead in all areas of law apart from income
New gender pay reports reveal the scale of women’s predominance in the legal sector – making up a majority in top firms at all levels including solicitors in the once male-dominated sector. → Read More
Tech and pharma output means Ireland will skirt around recession, according to ESRI report
Tech workers in Ireland are around five times more productive than the EU average, far outstripping even their closest peers, according to analysis by the Economic and Social Research Institute (ESRI). → Read More
An Post says thousands of items returned daily to UK after failed customs’ checks
Thousands of items ordered by Irish consumers from UK websites and other sellers are being sent back by An Post because they fail EU customs’ checks, the head of the Irish postal service has said. → Read More
Irish Axa unit fined €3.64m for insurance breaches
An Irish unit of insurance giant Axa has been fined €3.64m and reprimanded by the Central Bank of Ireland for failures in corporate governance and risk management and handling of conflicts of interest. → Read More
Interest rate cuts to follow as inflation ‘peaks’ – State Street
Inflation has passed its peak, setting the scene for the current round of bruising interest rate hikes to begin to go into reverse by late 2023 led by the US, analysts at global money manager State Street think. → Read More
Facebook moderation slower to police celebrities and businesses
Facebook and Instagram moderation policy means posts by celebrities, business partners of the social media networks or some accounts that simply have big followings are subject to less strict policing by contents teams with posts from those accounts that violate content rules stay up for days in some cases that would otherwise be quickly hidden. → Read More
More corporation tax paid in November than in all of 2014
Companies paid more tax in November of this year than in all of 2014, pushing the State’s total tax take towards an unprecedented €100bn, the latest Exchequer Returns data shows. → Read More