Breakfast Business

Paul Murphy Chief executive of ClimeAction works with all types of companies to get their emissions down be that a dairy farm or a microchip manufacturer.  ClimeAction is only 4 years old but already has offices on both sides of the Atlantic. Paul is our Green Business person of the month with Repak.

Friday's business news review along with Joe Lynam and Aidan Donnelly from Davy's.

In an effort to create long term rentals and cut housing waiting lists, the government has proposed that all short term rentals acquire planning permission before letting out their homes on Airbnb or other platforms.  But what impact will that have on small, usually family run guesthouses and self catering cottages?  Màire Ni Mhurchu, Chief Executive of the Irish Self Catering Federation convinced it could devastate the sector and worsen the rental shortages.  

Well before the arrival of working from home Regus was the go-to place for small startup companies seeking somewhere in city centres to rent while or if they grew their business.   The company that owns Regus as well as HQ, Spaces and Signature office brands posted its highest ever group revenue last week of $2.2bn.  But how healthy is the long term model given the rise of working from home and AI wiping out many white collar jobs in future? Mark Dixon, is the founder and boss of International Workplace Group formerly known as Regus joined Joe this morning on the show.

Joe takes a look at Thursday business new headlines.

My next guest is responsible for Irish versions of hit TV shows such as Dragons Den, Popstars, the Apprentice and Dancing with the Stars.  Shinawil was set up in 1999 just before reality TV took off with shows such as Big Brother. But with linear TV viewing numbers on the wane and young people watching clips rather than full length TV shows, what does the future hold for scripted TV productions? All to chat about with Larry Bass the founder and chief executive of Shinawil. 

Once the powerhouse or engine of Europe.  Now Germany is not in a good place economically.  GDP shrank again in the second quarter and all the certainties which drove the German economy appear to be dissolving:  China is no longer snapping up luxury German exports and the Americans are slapping tariffs on German cars and steel.  So what can the newly elected Friederich Merz do as chancellor to turn things around?  Joe discusses this and more with Michael Harbisch from Cantor Fitzgerald in Frankfurt.

Wednesday's business news review with Joe Lynam.

Irish based pharma companies exported a whopping €13.7bn worth of goods in the month of May alone. .  The pharma sector is not yet paying 15% tariffs on all exports to the US but that looks like it will be the max once the famous section 232 investigation is sorted. But what will these tariffs mean in the long run for those American pharma giants such as Ely Lily and Pfizer who have been here for years but are under pressure to shift production back to the States?  All to discuss with Oliver O'Connor, is the chief executive of the Irish Pharmaceutical Healthcare Association. 

Mondello Park has been around for 57 years and is the only dedicated motor racing circuit in the Republic.  It’s where a young Ayrton Senna learned his trade and where the late Eddie Jordan started his racing team too.  It hit the financial buffers in the mid 80s but is now back in business and quite popular for corporate days out and for racing bikes as well as normal and supercars. Leo Nulty from Mondello Park chatted to Leo about the business of the circuit.

A new report from Insider AI suggests that more than half of workers in the US violate their company policies when it comes to AI usage and a third of workers say they would quit if their employer banned AI. It all comes amid soaring investment in the sector now risks turning it into a bubble which could burst. All to discuss with Donnchadh Casey Chief Executive of Calypso AI.

Tuesday's business headlines along with Joe Lynam.

The Human Capital Initiative is designed to tweak the supply of qualifications in universities to meet the actual and ever-changing needs of industry and commerce.  Needless to say AI, engineering and sustainability are the in-demand courses.  But what about those who don't have the time to do a degree but need recognised courses to prepare them for their new roles or new jobs? All to discuss with Dr Kieran McNally is Senior Executive Officer with the Higher Education Authority. 

Lenny McLoughlin from Irish Life Investments Managers goes through Monday's business new headlines

The Irish entertainment and media sector includes internet advertising, gaming, video on demand as well as cinema attendance and going to live concerts.  According to PwC's outlook for the sector, it’s set to grow by 3.3% on average every year bringing the value of media and entertainment up to €7.5bn by 2029 but that lags global growth in the sector.  Joining Joe was Naomi Ryan, from PwC is the author of the Irish Entertainment and Media Outlook. 

Kate English from Deloitte takes a run through Friday's business news headlines.

The EU’s AI act came partially into force a year ago and will be gradually rolled out over the next 18 months. But the Americans are moving in the opposite direction and there is a risk that European AI companies might up sticks and move there where regulation is watered down if it exists at all. All to discuss with David McMunn partner with the lawyers Beauchamp.

Over the summer quite a few whiskey distilleries have paused or stopped entirely making whiskey.  Killarney Distillery has already gone into liquidation.  At the heart of this trend is the uncertainty caused by tariffs from America and the fact that younger adults are simply drinking less alcohol. So what next for the whiskey industy? Joe was joined on the show by James Doherty the Founder of The Ardara Distillery in Donegal.

If you've a small business and want to get your message and your brand out there, sometimes that can cost a fair bit of money.  But how about your logo being displayed on the pitchside digital hoardings during one of the big Autumn rugby internationals?  That’s the prize on offer for one lucky SME - courtesy of Vodafone.  But outside promotional events like this, how do businesses get their message out there? Joining Joe this morning to discuss further was Jo Gilfoy is head of Vodafone Business Ireland. 

Thursday's business news review with Joe Lynam.