Colin Gleeson

Dublin

News Reporter at Irish Times

News Reporter with @IrishTimes. Manchester United fan. Email: [email protected]

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Articles

Tyrone-based builder McAleer and Rushe to pay €10m dividend to shareholders

2 days ago | irishtimes.com | Colin Gleeson

Co Tyrone-based builder McAleer and Rushe grew its profits by 38 per cent last year with shareholders set for a dividend of £8,550,000 (€10.1 million). The company, which employs 384 people across offices in Cookstown, Belfast, Dublin and London, is focused on commercial office, residential, student accommodation and hotel projects.
Credit union movement named most reputable organisation in Ireland

2 weeks ago | irishtimes.com | Colin Gleeson

Social media group Meta and X have been ranked by consumers as the least reputable among 100 top organisations in Ireland, with the credit union movement named as the most reputable for the third consecutive year. The annual study by the Reputations Agency is based on the perceptions of over 5,000 members of the public. It measures levels of trust, respect, admiration and esteem the public has for 100 of the largest organisations in Ireland.
Price of a home in the Republic rose by 9.8% on average in the first quarter, report says

2 weeks ago | irishtimes.com | Colin Gleeson

The price of a home in the Republic rose by 9.8 per cent on average in the first quarter compared with the same period last year, a new report says. The report from Geowox, a data technology company specialising in residential valuations, provides figures on completed home sales. The report includes all entries in the Irish residential property price register for the quarter. It shows sale prices rose 9.8 per cent year on year, as the median price for a home reached €360,000.
Losses at Business Post deepen 54% in 2023

2 weeks ago | irishtimes.com | Colin Gleeson

Losses at the Business Post media company climbed almost 54 per cent in 2023, but the group expects to be profitable and cash generative in both 2025 and 2026, its latest set of accounts show. The company made a loss before tax of €552,582 for the year, which was up from a loss of €359,184 the year before. It also had a net liability position of €2.6 million, which was up from €2 million. The directors did not recommend the payment of a dividend.
Weeks before extent of Intel’s job cuts known, Minister for Enterprise says

2 weeks ago | irishtimes.com | Colin Gleeson

It is likely to be “several weeks” before detail is available on possible job losses and the impact of Intel’s cost reduction measures, Minister for Enterprise and Employment Peter Burke has said. Intel gave a weak forecast for the current period on Thursday and said it is cutting workers to bring costs in line with the business’s smaller size. Second-quarter revenue will be between $11.2 billion and $12.4 billion, the company said.
Elizabeth Sheehan named as country executive of The 30% Club

3 weeks ago | irishtimes.com | Colin Gleeson

The 30% Club has announced the appointment of Elizabeth Sheehan as its new country executive. The group is a global campaign supported by board chairs and CEOs of medium and large organisations, committed to achieving better gender balance at leadership levels and throughout their organisation. Established in 2015, it hosts more than 300 organisations representing more than 700,000 employees.
Job postings increase but tariffs could lead to sharp slowdown in growth, report finds

3 weeks ago | irishtimes.com | Colin Gleeson

Job postings were up 15.3 per cent in the first quarter compared with the same period last year, but US president Donald Trump’s tariffs mean there is potential for sharper-than-expected slowdown in job growth, according to Matrix Recruitment. Employers demonstrated a “cautious but steady” approach to hiring in the first quarter, particularly in sectors with ongoing staff shortages such as manufacturing, engineering, and financial services, the recruitment firm said in its latest jobs report.
Investors eyeing stable Europe rather than US, Davy says

3 weeks ago | irishtimes.com | Colin Gleeson

The “long-standing narrative” of American exceptionalism has “weakened” following US President Donald Trump’s overhaul of global trade, and investors are currently drawn to “more balanced” global powers such as Europe and China, Davy has said. The group published its Wealth View report on Friday, which covers the second quarter of this year, and sets out its assessment of the investment environment globally.
Man arrested as drugs worth €150,000 are seized in Dublin

4 weeks ago | irishtimes.com | Colin Gleeson

A man has been arrested following the seizure of drugs valued at almost €150,000 in Dublin on Wednesday. Gardaí carried out a search of a premises in Ballymun with assistance from the Armed Support Unit. During the course of the search about €87,500 of suspected heroin and €61,600 of suspected cocaine was seized. A man aged in his 30s was arrested and is currently detained under Section 2 of the Criminal Justice (Drug Trafficking) Act 1996 at a Garda station in North Dublin.
Round Hill Capital appoints UK manager to operate its Irish student rooms portfolio

4 weeks ago | irishtimes.com | Colin Gleeson

London-based property investor Round Hill Capital has appointed UK accommodation manager Fresh to take over the operation and marketing of its Irish student rooms portfolio. Fresh, which is a third-party manager of residential for rent homes, said the deal will expand its presence in Ireland. Since the contract was awarded, it has successfully on-boarded 1,343 student beds per April 1st across four assets in Cork and Dublin.