Ireland wants to help Canadian tech companies scale up across the Atlantic Ocean, its enterprise minister told The Logic, as the country gets ready to shepherd new regulations on artificial intelligence through the European Union next year. Peter Burke, Ireland’s minister for enterprise, tourism and employment, was in Toronto and Ottawa last week on a mission to expand trade and investment with Canada—especially through greater connections in the tech sector.
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Bankrupt property developer Seán Dunne has lost an appeal challenging the appointment of officials who oversaw his bankruptcy process. Mr Justice Charles Meenan, on behalf of the three-judge Court of Appeal, dismissed his appeal on Friday, the Irish Times reported. Mr Dunne was one of the most prominent property developers of the Celtic Tiger era, but he went bankrupt with debts of some €700 million and in 2013 filed for bankruptcy in the United States. Shortly afterwards, with the permission of the U.S. authorities, he was declared bankrupt here.
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The rate of unemployment across the economy has risen to 5.3 per cent, its highest level in four years, according to the latest Central Statistics Office (CSO) Labour Force Survey (LFS) published on Thursday, the Irish Times reported. The increase, which was driven by significant a rise in the rate of unemployment among 15 to 24 and 35 to 44 age groups, represents an increase of 0.8 per cent on the third quarter in 2024. The LFS suggests the number of additional people in employment was 30,600 in the year to the third quarter of 2025, a jump of 1.1 per cent.
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Trade unions in Ireland and Brussels have welcomed a decision by the European Court of Justice (ECJ) to reject a challenge by Denmark to the validity of the EU directive on the Adequate Minimum Wage, the Irish Times reported. In its decision on Tuesday, the Court found that the EU had exceeded its powers in two specific areas of the directive but upheld the validity of a majority of its provisions. Denmark, with the support of Sweden, had challenged the validity of the entire directive, claiming that the EU was not permitted to legislate on wages.
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The company behind the Cork Pride festival is set to appoint a liquidator after becoming insolvent, raising questions over future Pride events in the city, the Irish Independent reported. The proposed liquidation of Cork LGBT+ Pride CLG is a huge blow for diversity, equity and inclusion (DEI) supporters in Ireland, with this year’s Pride parade in the city attracting an estimated 5,000 participants. The organisation also publishes an annual magazine and is linked to the Work With Pride professional business network.
The Central Bank of Ireland (CBI) has imposed a $24.8 million (€21.5 million) fine on Coinbase Europe for breaching anti-money laundering (AML) and counter-terrorist financing obligations, marking Ireland's first enforcement action against a cryptocurrency company, Decrypt.com reported. "To be effective in combating financial crime, law enforcement agencies rely on regulated financial institutions to have systems in place to monitor transactions and report suspicions," said Colm Kincaid, CBI's deputy governor consumer and investor protection, in a statement on Thursday.
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Unemployment in the State currently stands at 5 per cent as 147,400 people found themselves out of work, according to new data from the Central Statistics Office (CSO), with youth unemployment proving especially intractable, the Irish Times reported. “The traditional July spike in youth unemployment, which usually eases by autumn, has not done so this year,” said Grant Thornton economist Andrew Webb.
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One-time Irish property mogul Seán Dunne’s long-shot effort to delay distribution of more than $16 million in assets from his decade-plus bankruptcy case in the United States succeeded on Tuesday, the Irish Times reported. After hearing more than hour of argument from Mr. Dunne and lawyers for the U.S. bankruptcy trustee, Judge Julie Manning said that she would hold off on approving the final report and distribution of the funds until she reviews the record and rules on issues Mr. Dunne raised. Mr.
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Ongoing volatility in the multinational sector related to U.S. tariffs saw the Irish economy contract marginally in the third quarter, the Irish Times reported. Preliminary figures from the Central Statistics Office (CSO) indicated the economy shrank by 0.1 per cent between July and September of this year compared to the second quarter of the year. “The small decrease was mainly driven by contraction in the multinational dominated ‘industry’ sector in Q3 2025,” the agency said.
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Bank of Ireland chief executive Myles O’Grady will hope the lender is a step closer to putting the fallout from the UK motor finance debacle behind it, after sharply increasing the amount of money it has set aside for payouts arising from the issue, the Irish Times reported. The issue, which is close to industry wide in the UK, stems from whether motor finance customers were being overcharged because of historical use of discretionary commission arrangements between car dealers and lenders.
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