Breakfast Business

Joe takes a look at the main business headlines this morning.

One of the world’s most famous makers of tyres is of course Michelin even though they were invented by an Irishman  John Boyd Dunlop from Belfast.  Speaking to Joe this morning was  Cyrille Roget is the Director of Science and Innovation Communications at Michelin.

The Finnish airline Finnair has 10 flights a week between Dublin and Helsinki.  It’s increased its passenger numbers from here by nearly 80% over the past 2 years alone and now it’s competing with Aer Lingus in hoping to attract visitors from much warmer climbs for so-called ‘Cool-cations’ to get away from searing temperatures in the summer.  Joe spoke to Anssi Partanen is Market Director Europe for Finnair.

Kathleen Brooks XTB brings us all the international business news.

Aquatech is the application of technologies to the growing of seafood to make it more predictable, reliable and safe. BIM the body that promotes the seafood sector has launched a new ‘innovation studio’ to promote Aquatech and the so-called “blue economy”. Caroline Bocquel is the Chief Executive of BIM 

Kate English from Deloitte joined Joe this morning to look at all the business news.

The financial services company SEI is opening its biggest European office near Harcourt Street and more than doubling its 400 staff numbers here.  The company said it picked Dublin for staff retention purposes.  SEI specialises in areas including investment processing, operations and asset management. Speaking to Joe this morning was Bryan Astheimer who is the Head of SEI’s Investment Managers Business for EMEA.

Zoom is trialing using an avatar of you to attend their platform meetings. Newstalk's Technology Correspondent Jess Kelly brings us the details.

The Irish Civil service simply doesn’t ‘get’ entrepreneurs. That is one of the claims made by the business lender GRID finance. Is there any way we can change the culture within the civil service and the investment community? With banks unwilling to lend to many start-ups and very weak capital markets in Ireland, many Irish SME‘s turn to non-bank lenders to get their funding. Derek Butler is the chief executive of GRID Finance and Derek joined Joe in studio this morning.

A "game-changing moment" is how the boss of the new settlement body between the big online platforms and their users was described.  The new out-of-court agency hopes to be the place to arbitrate on decisions to take down or leave up content users believe is hate speech, incitement to violence or other categories deemed unacceptable.  The Appeals Centre Europe, which was set up as part of the EU’s new DSA legislation, will be based in Ireland and joinng Joe on the show was its Chief Executive is Thomas Hughes.

Joe Lynam takes a run through Thursday's business news headlines.

The Government has announced a new grant scheme for companies called Power Up. It means SMEs who have seen a significant surge in energy costs since 2022 can get a grant worth up to €4000 supposedly this side of Christmas. Joe asked Enterprise Minister Peter Burke how the money would be allocated and whether it would be an easier process than the last energy support scheme for businesses. 

Joe Lynam takes a run through Wednesday's business headlines.

What do Mace, Power City and GoMo have in common?  They are all among the biggest fallers in the customer experience charts this year. According to the annual CXi study of perceptions towards major brands in Ireland.  The credit unions remain at the top when it comes to customer service - followed by the likes of Dunnes, McCabes pharmacies and An Post.  Needless to say Ticketmaster didn't finish so well in the study.  Gerard O’Neill from Amárach research which carried out the study joined Joe on the show this morning.

 Having a home office is something that is definitely appealing for those who work from home a lot.  But how about a home sauna in your back garden or a pod if you're lucky enough to own land and want to rent it out.  There’s an Estonian company on the market now in Ireland called ÖÖD and they offer high end solutions for outdoor living or working and Matthew Parkinson from ÖÖD House joined Joe this morning on the show.

We take a look through Tuesday's business news headlines.

Joe Lynam looks through Monday's business news headlines.

In last week’s budget, the government said it would use the €3bn from the sale of AIB shares to boost Ireland’s creaking infrastructure notably Housing, energy and Water. Kaine Lynch is the Director of Infrastructure with the consultants Turner & Townsend  advises others how best to build big infrastructure projects such as motorways such as the infamous A5 road in Northern Ireland or underground railway lines like Metrolink.

A study from MyHome.ie suggests that we would need another 200,000 homes to have the same ratio of homes to population that the UK already has.  It follows, therefore, that asking prices for property are rising by 7.5% over the past 12 months with one in 7 homes selling now for 20% above the asking price. Conall Mac Coille is chief economist with Bank of Ireland and author of the MyHome Property report. 

Economist Austin Hughes takes a run through Friday's business news and markets.