Vish Gain

The top business and politics books of 2024, as recommended by our top writers In need of last-minute ideas before Christmas? The Business Post’s team of editors, reporters and columnists share their favourite books of the year for you to share as gifts or enjoy yourself

Looking for a last minute gift or something to read over the Christmas holidays? Read my review of David McWilliams' (@davidmcwecon.bsky.social) latest book, Money: A Story of Humanity, for the Business Post's best non-fiction books of the year 2024 list out now.

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Paul Mescal draws €1m loan from his film company amid Gladiator II success The 28-year-old actor from Kildare sanctioned the loan from his Dublin-based firm Castle Dawson Pictures Ltd last week

Paul Mescal has secured a loan facility of more than €1m from his entertainment firm Castle Dawson Pictures Ltd.

The 28 year old Irish actor currently starring in Ridley Scott’s #GladiatorII secured the loan at an interest rate of 4% per annum, new filings show.

www.businesspost.ie/article/paul...

Legal and staff costs drive near €1bn loss for TikTok’s Irish arm despite surging revenues TikTok, which employs close to 3,000 people in Ireland, has reported a loss due to increased operating expenses as it continues to grow locally

The Irish arm of TikTok, which employs nearly 3,000 people in Ireland, has posted more than $1 billion in losses, according to latest accounts filed.

Legal and related matters stemming from regulatory investigations cost the company more than $1 billion.

www.businesspost.ie/news/legal-a...

Galway restaurant Éan closes its doors as owners blame government ‘apathy’ towards hospitality The closure comes fewer than two years after owners Sinead Meacle and Enda McEvoy had to close Michelin-starred Loam amid ‘insane’ costs

Éan, a restaurant next to the Druid Theatre in Galway that opened during the pandemic, is closing its doors amid increasing costs and government “apathy” towards the hospitality sector, according to owners Sinead Meacle and Enda McEvoy.

www.businesspost.ie/news/galway-...

Should Ireland implement an Australia-like ban on social media for under 16s? Tech companies and experts weigh in on the nuances around an outright ban similar to the one Australia implemented

“I’m not some kind of a worried woke parent – I accept the fact that my kids are going to uncover dangerous and harmful materials as they grow, which can be a good thing,” Neil Brady, former Guardian journalist, tells me in an interview.

Read the full story here: www.businesspost.ie/tech-news/sh...

Pat Gelsinger steps down as Intel CEO amid ‘challenging year’ for chipmaker Gelsinger, who first joined the firm in 1979, said leaving the company was ‘bittersweet’

Pat Gelsinger has retired as CEO of Intel after nearly four years at the helm of the global chipmaker.

“It has been a challenging year for all of us as we have made tough but necessary decisions to position Intel for the current market dynamics," said Gelsinger, who first joined Intel in 1979.

Stephen Donnelly loses Wicklow seat in final count to Fine Gael’s Edward Timmins Donnelly said that his chances were diminished by a strong vote for Simon Harris and the loss of a seat from the four-seat constituency

Stephen Donnelly has lost his seat in Wicklow to Fine Gael’s Edward Timmins in the final count this morning. Donnelly is the highest-profile Fianna Fáil TD to lose his seat after disabilities minister Anne Rabbitte lost out in Galway East yesterday. #GE24

www.businesspost.ie/news/stephen...

Wetherspoons stops selling Conor McGregor stout across its Irish pubs Dublin and Cork airports have also taken McGregor’s whiskey brand Proper Twelve off the shelves in their duty-free shops

Wetherspoons has pulled #ConorMcGregor drinks brand Forged Stout from taps across all its pubs in Ireland, adding to a growing list of brands taking his products off their shelves, including Musgraves, Tesco and even duty-free stores at Dublin and Cork airport.

www.businesspost.ie/article/whet...

Top Tech Jobs: Workhuman, TikTok, SiriusXM, Ryanair Vish Gain presents Business Post subscribers with a selection of positions available in the tech sector

Looking for a senior role in tech? We've got you covered.

Check out this week's top tech jobs, including roles available at TikTok, Workhuman and Ryanair.

If you or a client want to be included in the section, just message me or email topjobs@businesspost.ie.

www.businesspost.ie/tech-news/to...

The final Red C opinion poll of the general election campaign drops TONIGHT at 8pm.

Make sure to stick with businesspost.ie, and subscribe to our newsletter to exclusively get the figures, insights and analysis at https://buff.ly/3CJX7Q7

Eir closes gender pay gap to 1.6% with more women appointed to senior roles Latest data shows women account for 42 per cent of senior leadership roles at the company.

Eir has revealed its gender pay gap has narrowed to a new low of 1.59% as the Irish telecoms provider aims to eliminate the gap by 2030.

The company attributed the narrowing pay gap to efforts made by the company to hire more women in senior roles and those that “attract higher overall reward”.

Walking on sunshine: Pinergy turns a profit amid rising demand for solar business Chief executive Enda Gunnell told the Business Post the incoming government should increase investment in the grid

Irish energy provider Pinergy (@pinergy.bsky.social) turned a profit of €13.3 million last year from a loss of more than €3 million in 2022 on the back of a 38 per cent jump in revenues.

The increase came amid the growing cost of energy on customers and higher demand for its solar solutions.

Really liking BlueSky so far… feels familiar and yet so much better than your X.

Adding to the good vibes here with a sneak peek of my selection of top tech podcasts for Business Post’s Connected magazine this weekend.

Happy reading (and listening!)

www.businesspost.ie/tech-news/th...

Publisher Mediahuis Ireland saw revenue decline by nearly 25% last year The Mediahuis Ireland directors said it continues to focus on being a ‘low-cost publisher’ and said it performed well despite a very competitive market and difficult economic climate

Mediahuis Ireland, the publisher of the Irish Independent, saw its revenue decline by nearly 25 per cent in 2023 according to newly filed accounts.

Directors at the firm led by CEO Peter Vandermeersch noted its risks included “significant fall off in demand” for the newspapers it produces.

Breaking: Flagship start-up accelerator NDRC set to shut after department pulls support

NDRC, the state’s leading start-up accelerator operated by Dogpatch Labs, is set to shut at the end of next year in a significant blow to the critically important tech sector.

My colleague @charlietaylor.bsky.social has more 👇

CurrencyFair losses drop dramatically after staff cuts clear way to profitability There was a dramatic drop in staff numbers at the Dublin-headquartered fintech last year, down to 78 from 220 the year before

Dublin-based fintech CurrencyFair is on track to becoming profitable within the next two years after losses dropped more than 40% in 2023.

This was largely due to a dramatic drop in staff numbers at the firm led by Shamus Hodgson, down to 78 last year from 220 the year before.

More details below 👇

More than half of Irish businesses are not ready for auto-enrolment next year Stephen Gillick of Mason Hayes & Curran said employers need to stress test systems well in advance of September 2025, when the scheme goes live

More than half of Irish businesses are not prepared for the auto-enrolment scheme to take effect next September, according to a survey.

The scheme will ensure that around 800,000 workers in Ireland who do not have private pension get added to one with contributions from the employer and state.

The grass is always greener on the other side, but the sky is the same