The week in Business
Published 11/07/2015 | 02:30
The world woke up to the news that Greeks had voted emphatically against the austere bailout conditions being imposed by on them, putting the country's future in the EU on the line.
The Chinese government launched an unprecedented series of moves to support its stock market and prevent a full-blown crash. The central bank backed brokerage funds to purchase massive amounts of stocks, and companies were forced to scrap issuing new shares through IPOs.
Data from the research group Kantar Worldpanel showed that Tesco had regained the number one spot in the Irish grocery market with a 25.1pc share.
A report by property firm Savills found that the profitability of Dublin office blocks had halved in the last three years, but still remains higher than the Celtic Tiger years.
Ryanair revealed the launch of its services to Israel, marking a long-awaited arrival of the airline in the Middle East.
Chancellor George Osborne announced corporation tax cuts to 18pc by 2020 in the UK Budget.
Vodafone Ireland boss Anne O'Leary said the mobile phone service provider would cut the cost of roaming and boost 4G speeds after announcing a €60m investment that will result in 200 new Dublin sales jobs.