Share price in Dublin rises 12% after revenues jump to €8.1bn

Exploration minnows – long a feature of the Irish and UK markets – could flourish as oil majors slash exploration budgets and focus on existing assets, the chief executive of Tullow Oil, Aidan Heavey has predicted.

Irish conglomerate DCC said group operating profit was “very significantly ahead” of the previous year in the three months to the end of December.

Irish exporters are missing out on a “huge opportunity” to take advantage of the newly-open economy in Iran, the head of the country’s export association has claimed.

Over 1,500 jobs are to be created across 105 high-potential start-ups (HPSUs) over the next three years according to Enterprise Ireland.

Ryanair became Ireland’s biggest indigenous company by market capitalisation yesterday, stripping CRH of the title in a dramatic change at the top as stock market turmoil continued to grip global markets.

Two new Tourism Ireland strategies were launched yesterday by Minister for Transport, Tourism and Sport, Paschal Donohoe.

The construction industry recorded a strong pick up in activity in January, according to the latest Purchasing Managers Index from Ulster Bank.

Oil prices will stay low for up to 10 years as Chinese economic growth slows and the US shale industry acts as a cap on any rally, according to the world’s largest independent oil-trading house.

Company to use finance for further expansion in the UK and to enter US market