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AstraZeneca warns of shifting UK vaccine production to US

Drugs giant AstraZeneca has warned it could relocate its vaccine manufacturing site from the UK to the US amid a deadlock with the new...

CarTrawler pays €47m dividend to parent as profits rebound

Irish travel tech company CarTrawler paid a €46.6 million dividend to its parent company last year as its profits rebounded strongly as a result...

Intel prepares for surge in applications for lucrative exit packages at Irish operation

Chip giant Intel’s Irish plant is preparing to deal with a rush of applications from staff to leave the business by a deadline on...

AI is not a strategic priority for majority of Irish businesses, Irish Management Institute finds

The vast majority of business leaders in Ireland do not consider artificial intelligence (AI) to be a strategic priority for their organisation, a new...

ECB eyes meeting next month to review stance on interest rates

“The September meeting was widely seen (by ECB board members) as a good time to re-evaluate the level of monetary-policy restriction,” according to the...

IMI board confirms takeover bid is being considered amid ‘challenging conditions’

Directors say an ‘unsolicited and non-binding offer’ has been made for the institutionIMI’s 13-acre suburban campus in a largely residential part of Sandyford, in...

Vertex Ireland revenues rise 18pc to $2.3bn

Sales of the ground-breaking cystic fibrosis drug, Kaftrio was the main driver behind Vertex Pharmaceutical’s revenues surging to $2.3bn (€2.07bn) last year.New accounts show...

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