Conn O Midheach

6 days ago | irishtimes.com | Conn O Midheach

Profit at LinkedIn’s Irish business surged to $427 million (€376 million) as the company added more members and increased its advertising business. The Irish subsidiary, LinkedIn Ireland Unlimited Company, recorded turnover of $8.9 billion for the 18 months to June 30th 2024. Cost of sales for the period was $5.7 billion. The professional networking site has changed its reporting period to bring it in line with that of parent company Microsoft in Ireland.

1 week ago | irishtimes.com | Conn O Midheach

US commerce secretary Howard Lutnick has warned that smartphones, computers and other electronics imported to America from China will still face tariffs, dealing a blow to hopes of a reprieve for Big Tech companies such as Apple, Nvidia and Microsoft.

2 weeks ago | irishtimes.com | Conn O Midheach

Aircraft noise at Dublin Airport has been estimated to have a human “health cost” of almost €800 million and cause cardiovascular issues for nearly 17,000 people living in its vicinity, a report published on Thursday will say. The research, conducted by PMCA Economic Consulting, also focuses on the substantial air traffic concentration at the capital’s main hub, which is currently attempting to expand its annual passenger threshold from 32 million. Mark Hilliard has the details.

1 month ago | irishtimes.com | Conn O Midheach

US tariffs could cost Ireland more than €18 billion in lost trade, the Economic and Social Research Institute (ESRI) has concluded. The institute estimated that if the US were to impose 25 per cent tariffs on all European Union (EU) exports, as US president Donald Trump has threatened to do, and the EU responds with reciprocal tariffs of its own, Irish GDP (gross domestic product) would be 3.7 per cent lower over the next five to seven years compared to a baseline with no tariffs.

1 month ago | irishtimes.com | Conn O Midheach

Opening statements are expected to be heard in the High Court on Tuesday in a civil trial involving Web Summit chief executive Paddy Cosgrave and two minority shareholders in the business. The judge, Mr Justice Michael Twomey, will hear five separate legal actions, potentially over nine weeks, after a last-chance effort to mediate the disputes and avoid a costly trial fell apart in Dublin last week. Ian Curran has the details. “He was both charismatic and successful.