The dispute over the passenger cap at Dublin Airport continues unabated. Airlines like Aer Lingus and Ryanair are voicing concerns that the IAA’s decision to restrict passenger intake this winter might impede their ability to add additional flights to coincide with major events such as Six Nations rugby or Cheltenham. The full account is provided by Barry O’Halloran.
E-commerce behemoth Amazon is poised to debut a new Irish-oriented store, Amazon.ie, comes the subsequent year. While the exact launch date and potential job creation are still unconfirmed, it is understood there is a retail team set up in Dublin. The story is reported by Ciara O’Brien.
Glanbia has handed out almost €6 million in bonus shares to some of its top executives, including a cool €1.5 million to incoming CEO, Hugh McGuire. As per the coverage from Barry J Whyte, these generous shares were part of Glanbia’s 2018 long-term incentive scheme and were awarded based on the executive’s achieving set performance objectives over a certain period.
Whyte also covers details of a €5 million grant given to pet food division of Larry Goodman’s ABP by Enterprise Ireland, due to the pandemic impact.
Karlin Lillington discusses the ongoing concern of password reuse and the potential risks of hacks. She suggests that now might be a good time to consider using passkeys as a more secure login method for various accounts.
A recent survey reveals that over a quarter of Irish citizens would be willing to forego more than 20% of their State old-age pension for the opportunity to access it early. This news, reported by Dominic Coyle, follows the Department of Social Protection’s recent introduction of an option to defer the State pension in exchange for higher weekly payments at a later date.
Laura Slattery shares findings from an EY study revealing that the majority of tech leaders in Ireland have yet to invest in artificial intelligence (AI) or establish an AI strategy.
Lastly, an analysis from Cantillon sheds light on the latest vote of confidence from DCC investors and provides an insight into the true implications of Apple’s recent update of its iPad line.
Chris Horn, in the Innovation sector, highlights how MRI technology advancements could offer fresh treatment options for harsh neurodegenerative diseases like MND. Meanwhile, Olive Keogh scrutinises Agilepitch, an AI platform that seeks to automate tedious tasks slowing down deal finalisation processes.
Ciara O’Brien, in the realm of Technology, critiques ‘bone-headphones’ for children, whilst Eleanor Olcott discusses how Chinese AI start-ups are battling to topple ChatGPT. Furthermore, Ciara provides insight into the initial quarter results of Permanent TSB, which garnered positive feedback despite a reduced share in the crucial mortgage market.
Just under 50% of home-purchasers express they won’t hold off for promised drops in interest rates in the face of worries about availability, as per findings from the property website, MyHome.ie. This story comes from Dominic.
Finance Minister Michael McGrath has disclosed to an Oireachtas committee that the expected corporation tax this year will entail a windfall component, without which a budget deficit would arise, as observed by Ronan McCreevy.
Lastly, an accomplished executive from Dell has been snatched by Microsoft to helm its Irish operation.