Breakfast Business

SIRO is the joint venture between the ESB and Vodafone to roll out full fibre broadband throughout the country. Today marks the landmark installation of its 500,000th premises on that journey to high-speed broadband throughout the country. John Keaney the chief executive of SIRO joined Joe in the studio this morning.

Libor or London Interbank offered rate was a key benchmark in the setting of interest rates for companies and consumers. But it was hardly regulated at all and blew up in a huge scandal at the height of the financial crisis 15 years ago when it emerged that the banks that set this key benchmark weren’t exactly being honest. Joe's former BBC colleague and economics correspondent has written a book about how regulators didn’t want to know, and nor of course did the senior management of the banks. Andy Verity BBC Economics correspondent and author of the book Rigged joined Joe on the show this morning.

A look at Friday's business papers and markets with Dan Moroney from RBC Brewin Dolphin.

In a post-pandemic world, flexible or hybrid working is increasingly popular with services-based companies. My next guest Viatel is offering a new 100:90:100 scheme which expects the same productivity from its staff but every second Friday off. Will it work? Paul Rellis the chief executive of Viatel explained it all to Joe this morning on the show.

Yesterday afternoon the Central Bank of Ireland published its financial stability review in which they said that the Irish economy had been more resilient than expected in the face of soaring inflation and interest rates. But it also warned that inflation was still a major issue and geopolitical risks could damage the global economy. And it talked about the risks of governments trying to undo the impact of higher borrowing costs. Joe Lynam caught up with the Governor of The Central Bank Gabriel Makhlouf and began by asking whether he had been surprised by this resilience of Irish households.

A look at today's business papers and markets with Business Editor Joe Lynam.

Have you heard of TCRP? - It's Google’s Trusted Copyright Removal Program and it’s at the heart of the search engine’s effort to prevent copyright theft and vital to musicians, performers, songwriters, photographers, and dozens of other creative people. One Irish company - only created 2 years ago says it has a 100% success rate of hunting down and removing results containing cloned or ‘borrowed’ content and is working with the adult site Only Fans. Speaking to Joe this morning was Dan Purcell, Chief executive of Ceartas.

Business Editor Joe Lynam takes a run-through of some of the business stories this morning.

Many of us will recall how my next guest, Martin Shanahan, kept his cool on TV as the anchor of CNBC displayed his utter ignorance about Ireland and Britain about a decade ago. He’s also known for luring hundreds of major companies to these shores and is responsible for thousands of people being in jobs right now. He’s got a new job as a partner with Grant Thornton and Martin told Joe all about it.

Staying with the theme of exports, the Middle East is still significantly behind Europe, North America and even Asia in terms of importance for Irish exporters. The former head of Emirates in Ireland and now chairman of the Arab-Irish Chamber of Commerce Enda Corneille knows a bit about the Arab world and thinks we should be doing a lot more business there. Enda spoke to Joe this morning on the show.

A run-through of some of the business stories today with Newstalk Business Editor Joe Lynam.

Only last week we were telling you about a worrying downward trend in Irish manufacturing. Today we bring much better news this time in the services sector which is the largest component of the Irish economy. Speaking to Joe was Oliver Mangan the AIB chief economist.

Ireland’s largest fuel supplier is Certa - they used to be known as EMO and they’re part of the Irish listed conglomerate DCC. They supply petrol forecourts but also homes with kerosene and other home heating products. But now they’re looking at the post fossil fuel world of the future and have snapped up Alternative Energy Ireland as part of that transition. Speaking to Joe this morning was Andrew Graham, the Managing Director, Certa Ireland.

 The Bord Bia Bloom festival of food and gardening is underway in the Phoenix Park and will doubtless attract extra numbers as the sun shines all over the nation. Of course, it’s just as much about business as it is about the flowers and plants. There’s also a business breakfast this morning with hundreds more food service providers and that will be steered by Jim O’Toole the chief executive of Bord Bia who spoke to Joe this morning on the show.

A look at today's business papers and markets with Aidan Donnelly from Davys.

The US company Qualtrics said yesterday that it was making Dublin its head of business for EMEA. They specialise in something called Experience Management and they hope to add substantially more to the already 400 people employed in this country. Joining Joe this morning was Donnchadh Casey, the Chief commercial officer for Qualtrics.

How many discarded keyboards, mice, and clapped-out computer equipment does your company have lying in storage somewhere - waiting for some imaginary time when they’ll be used again? An Irish company Vyta is specialising in collecting and refurbishing eWaste and they’ve just announced a hiring spree to meet demand. Faye Thomas, CCO of Vyta joined Joe this morning on the show.

Business Editor Joe Lynam takes a run through of some of the business stories this morning.

From tomorrow in Europe, the unified patent system will come into force. It means that innovators can submit a single application in order to protect or defend their inventions. It does away with a hodge podge system where patents had to be filed in many jurisdictions. The minister responsible in this area is Neale Richmond - the Minister of State for Business, Employment & Retail 

Last week the health minister signed off on plans to print enhanced health labels on every bottle of wine sold in Ireland. It means extra costs for some vineyards - especially smaller ones and might even mean they’ll stop selling in Ireland. That’s why some wine producers in Italy are taking a case to the World Trade Organisation and others are considering legal action for breaching the single market. Ignacio Sanchez Recarte is the Secretary General of the the Comité Européen des Entreprises Vins, which represents winemakers in Europe and joined Joe Lynam live from Brussels.