Breakfast Business

At a recent event called Food For Thought, Newstalk Business Editor Joe Lynam discussed all things related to the restaurant and food truck business with the celebrity chef Paul Flynn. Food for thought, was in conjunction with Square, everything your business needs… Almost.

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

Just over a week ago Lidl announced that it was cutting the price of fresh milk. They were almost immediately followed by other big supermarkets and consumers were briefly the winners for once. But prices have not been retreating as fast as they went up last year when inflation soared to double digits. And today the big grocers will have to explain why not to the Retail Minister Neale Richmond. One group that does not want to see prices fall is farmers and Tim Cullinane is the President of the Irish Farmers Association who spoke to Joe this morning.

We all know that most airlines never pay the full list price for their airplanes but even at a substantial discount, Ryanair’s order for 150 new Boeing 737 Max 10 aircraft could amount to a total bill for the Irish airline of at least $20bn. Joe caught up with the chief executive Eddie Wilson and began by asking him why he was buying so many planes.

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

Last Friday, we brought you the good news of a major €300 million investment from the American med-tech company Dexcom in East Galway. They make devices for people who suffer from diabetes that can constantly measure blood glucose levels and make life much easier for patients. Joe caught up with Adrian Furey - Head of Dexcom Ireland.

Ireland is predominantly a services economy that depends heavily on reliable and fast broadband. Getting fixed-line wired fibre takes time for companies and so increasingly they are looking to get speedy wireless internet to their workplaces. But is that enough? Speaking to Joe was David Russel Chief Executive with Elio Networks formerly known as Host Ireland - which provides wired and wireless services to businesses in Irish cities.

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

Some of the big pension providers have expressed concerns about how the state scheme is being structured and none are bigger than Irish Life and Oisín O’Shaughnessy is the Managing Director of Irish Life Corporate Business

We have one of the highest 3rd-level educated workforces in Europe but on-the-job training and retooling of our human resources is vital. Coincidentally this year is the European year of skills and some of our EU neighbours will be hoping to steal some ideas from our guest Paul Healy - the Chief Executive of Skillnet Ireland .

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

Banks are in business to make money and are loath to pass up an opportunity to do so when it comes to mortgage lending. Yet according to the latest Bank of Ireland ESG report, so-called ‘green mortgages’ accounted for roughly half of all mortgage lending last year. The bank also says that it’s lending almost €2bn to companies with strong sustainability credentials Eamonn Hughes, Chief Sustainability & Investor Relations Officer at Bank of Ireland Group

‘Tallaght man retires’ is not often a headline that moves the markets and gets headlines all over the world but that’s what happened this week when Alan Joyce said he was to retire from the top job at Qantas Airways in Australia - after 15 years as chief executive. He’s worked through a major financial crisis, a pandemic, and the vagaries of air travel including pressures from environmental and political lobby groups. But he’s never stopped being a proud Irishman. Alan Joyce, Chief executive of Qantas Airways joined Joe on the show this morning.

Business Editor Joe Lynam takes a look at the business markets and websites with Aidan Donnelly from Davys.

Shein is a global clothing behemoth from China. Although it flatly denies it, a group of American congressmen and women have called for Shein to be investigated over claims of forced labour in the Xinjiang region of China. The whole issue has placed the sourcing of our wardrobes and ethical buying in question.  Speaking to Joe this morning was Jake Posner from the Sustainable Fashion brand No One True Anything.

The services sector in Ireland includes everything from Accountants to IT specialists as well as pubs and restaurants. It’s a very important part of the Irish economy, and according to the latest measure of the AIB purchasing managers index, Services are booming with a value of 58 last month. Oliver Mangan is the chief economist with AIB

Newstalk Business Editor Joe Lynam takes a run-through of some of the main business stories today.

Newstalk's Business Editor Joe Lynam takes a look at today's business papers and markets.

The government and many experts have trumpeted the potential for renewable energy from Ireland’s wind and waves, which are of course in abundance. But in regional terms, Ireland lags considerably behind many of its European rivals. Kevin Thompstone wrote a key report on this for the Atlantic Economic Corridor and is a board member of the Shannon Chamber of Commerce.

Yesterday, in a BBC interview, one of the creators of the modern world of artificial intelligence, Geoffrey Hinton, gave an interview to say that he was resigning from his work in this field and worried that AI is now potentially out of control. It has certainly set the hairs running on both sides of the Atlantic and all over the technology world. But are we overreacting and is AI more of a friend than a foe? Patricia Scanlon the Official Government Adviser on AI joined Joe this morning.