Wednesday, 8 Apr 2020

Business

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Dublin-headquartered Inflazome completes €40m funding round

Dublin-headquartered Inflazome has completed a €40m Series B funding round. Inflazome is developing potent and selective small-molecule inhibitors of the NLRP3 inflammasome, to stop the cycle of chronic inflammation that drives such diseases. Data indicates that the NLRP3 inflammasome is overactive in a broad range of serious medical conditions driven by harmful inflammation, the company […]

Consumer spending to surpass peak of boom

Irish consumer spending is set to reach a record €105bn this year, surpassing the boomtime peak set in 2007, according to a new report. The Home Renovation Incentive (HRI), a tax relief for home improvements, is fuelling strong growth in people’s spending on their homes, according to the latest Consumer Market Monitor from the Marketing […]

The Facebook Movie Told Us What We Needed to Know About Mark Zuckerberg

Everything we needed to know about Facebook was right in front of our faces, on the big screen, in 2010. Come with me on this journey back in time, to the AMC Mountainside 10, on Route 22 in New Jersey, where I first saw “The Social Network.” At the time, I was rooting for the […]

Asia shares edge ahead, Fed caution drags on dollar

SYDNEY (Reuters) – Asian shares inched cautiously higher on Monday amid conflicting signals on the chance of a truce in the Sino-U.S. trade dispute, while a new-found air of concern on the global outlook at the Federal Reserve undermined the dollar. MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS tacked on 0.1 percent and […]

When It’s Time for Giving, Some People Circle Around

On election night, Amy Rowland and 250 others gathered to wait for results at Dumbo Loft, an old industrial building-turned-event space in Brooklyn. While some were focused on Senate and House races, Ms. Rowland was nervously awaiting numbers from Michigan’s state election. Since February, she had been part of a group of 210 who were […]

California Utility Gets Reassurance on Wildfire Liability

After its stock plummeted over its possible role in California’s deadly wildfires, the state’s largest utility won back some investor confidence on Friday after its chief regulator offered a backstop. Shares in the company, Pacific Gas and Electric Company, which serves most of the state’s northern half, had plunged over concerns that it could face […]

Trump says U.S. may not impose more tariffs on China

WASHINGTON (Reuters) – U.S. President Donald Trump said on Friday that he may not impose more tariffs on Chinese goods after Beijing sent the United States a list of measures it was willing to take to resolve trade tensions, although he added it was unacceptable that some major items were omitted from the list. Trump […]

Delta orders 10 A330neo in boost to Airbus' slow-selling jet

PARIS/CHICAGO (Reuters) – U.S. carrier Delta Air Lines (DAL.N) said on Friday it ordered 10 Airbus (AIR.PA) A330neo long-haul jets, becoming the first U.S. airline to operate the next-generation of Airbus aircraft and giving a boost to the slow-selling European model. The A330neo purchase, first reported by Reuters, is a welcome endorsement from an influential […]

Europe battles Brexit blues, Wall Street faces tech stress

LONDON (Reuters) – European stocks slipped again, and sterling and the euro remained volatile on Friday, as one of the most dramatic twists yet in the Brexit process compounded another turbulent week for world markets. London, Paris and Frankfurt struggled to maintain a modest early bounce [.EU] having been battered the previous day when Britain’s […]

Construction firm Entekra opens Irish HQ as construction begins on $30m Californian hub

Construction firm Entekra has officially opened its new European headquarters in Ireland, which is creating 100 new jobs in the local area. The new skilled jobs at the Monaghan facility were announced in May of this year after the company raised $55m in investment funds. Funding was mainly raised from New York-listed Louisiana-Pacific Corporation, a […]