Breakfast Business

Too often you hear accusations that giant multinationals come to Ireland: make huge profits, avoid paying taxes elsewhere, and fail to ‘give back’ to the area that they are based. One such multinational is pushing back on the latter accusation. The ‘Google Employment Task Force’ has joined forces with local community groups and the government to help those less well-off areas with training and facilities. Joining Joe this morning on the show was Joe Donnelly, Director of The Anchorage Project in Ringsend, and Teresa Weafer-Grennel community engagement manager at Google.

One of the major banking stories was on Friday evening when the Silicon Valley bank collapsed. It was the main banker for start-ups, not just in America, but all over the world, and potentially could ruin some dot com companies. To discuss its implications, I’m joined now by Pat Phelan chief Executive officer of SISU as well as a serial technology entrepreneur.

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

Joe spoke with the General manager with JLR in Ireland, John Cormican, about how the development of autonomous cars in Ireland is progressing.

Only this week, the environment Minister Eamon Ryan published draft proposals on the economic benefit offshore wind could have for this country. However, engineers are worried that proposals to develop the renewable resource may hamstring companies, wishing to invest in it. Director General of Engineers Ireland, Damien Owens, joined joe to discuss the concerns raised.

Aidan Donnelly from Davy joined Joe to look at what is making the business headlines today.

Whether it was the outrageous practices that caused the financial crisis or the culture of risk-taking with other people’s money or the more recent mortgage tracker scandal, few senior bankers have been held personally responsible. Now a new piece of legislation called the Central Bank (Individual Accountability Framework) Bill hopes to make individuals with banks and financial services companies personally more accountable for the actions of their employers. And it takes a big step towards becoming law next week. Patricia Callan who is the Director of Financial Services Ireland which represents the banks and fintech companies that are based in Ireland and Patricia joined Joe this morning on the show.

How do you feel about being served food by a robot or a mobile tray without anyone actually pushing it? Automated service is likely to increase in the future as restaurants look to save money on waiting staff. One of the innovators in this space is called Bear Robotics and they’ve just announced that Ireland will be the host for its European hub. Malachy Ryan from Bear Robotics joined Joe this morning

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

Today is 'International Women's Day' and we’re covering international banking, international retailing and one of the only 3 revenue commissioners in Ireland. They’ve all succeeded in their field, and they all happen to be women. Joining Joe in the studio this morning was Ruth Kennedy from the Revenue Commissioners, Evelyn Moynihan, Kilkenny Group CEO, and Sana RAHAN Communications Director with the fintech Wise.

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

Beach Point Capital here in Ireland is running a €100m Venture Debt fund, which invests in high-growth small/medium-sized businesses in Ireland. Speaking to Emmet Oliver was Shane Lanigan, Portfolio Manager of Beach Point Capital explained what exactly is venture debt?

Local Enterprise Week, running all this week will see over 300 events taking place nationwide for small businesses and budding entrepreneurs. John Magee, Chair of the Local Enterprise Network, explained to Emmet what people can expect this year?

A look at today's business papers and markets with Emmet Oliver.

Online shopping is set to rise but so too will appreciation of in-store good service. Just 2 of the results of the latest PWC Irish Consumer Insights Pulse Survey. Owen McFeely, Director, PwC Retail & Consumer Practice joined Joe on the show this morning.

Maxol service stations are probably more about retail these days than fuel. And now Maxol is putting it up to small Irish companies to pitch to get on Maxol shelves in its 72 stores. But only 4 indigenous brands will make it to the shelves. Brian Donaldson - Chief executive of Maxol

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

The good news is that the global tally for ransomware attacks fell slightly last year by 4%. The bad news is that the time it takes for cyber criminals to complete their attacks has also fallen from months to only days. Finding a so-called ‘back door’ is now by far the most popular route for attackers to find a weakness in company systems. For more on this Joe was joined on the show by Mary O’Brien, General Manager of IBM Security Software.

What started off in the 1970s with a brand-new drink called Baileys, has become a global success story with lots of imitations. Irish Cream liqueur may only be described as such if it’s made on this island with Irish whiskey and Irish fresh cream. But knockoffs from all over the world are being sold and it could affect Irish dairy farmers and Irish producers. So that’s why Drink Ireland has launched a new campaign called Explore Irish Cream. Joining Joe this morning was Johnny Harte from Drinks Ireland and the maker of his own Five Farms Irish Cream.

A look at the business markets and websites with Aidan Donnelly from Davys.