Transcript generated automatically by AI and may contain errors.
What are the main business stories covered in today's headlines?
Breakfast Business with Enterprise Ireland on Newstalk. Good morning and welcome to Breakfast Business and thank you to Shane Beattie. It is Thursday, the 4th of December at 6.31.
Coming up on today's show, we'll be talking to the boss of the furniture retailer, Jusk, and we'll be looking in more detail at the Accelerating Infrastructure Action Plan now that it has been published and all the markets as usual. You can email us, business at newstalk.com. But first, let's have a look at the main business stories in the newspapers and websites.
Gordon Deegan in the Irish Independent reports that the new owner of the five-star Shelburne Hotel in Dublin saw its revenues of ā¬10 million generated in the first two months of running the hotel since last year. Archer SB Hotel took ownership of the Shelburne in October last year and new accounts show that it has enjoyed an average daily revenue of ā¬163,000 over the last two months of 2024.
The revenues were made up of 4.9 million in room revenues and 5.2 million in other revenues. Reuters reports that the European Commission has outlined plans to make the European Union more resilient to threats such as rare earth supply crunches by improving existing trade measures and using new defences to bolster economic security.
The EU executive set out what it called an economic security doctrine for the 27-nation bloc, which is contending with US tariffs and Chinese restrictions that have choked supplies of essential rare earths and chips. The bloc wants to remain a global manufacturing leader, but risks being left behind by China and the United States in new technologies such as batteries and AI.
The Commission wants to coordinate more closely with EU members and businesses to review supply chain's rules on inbound investment, its defence and space sectors, and its strength in new technologies and critical infrastructure.
And Dublin Live reports that the record-breaking storm Eoin was the most searched Google term of the year in Ireland. The storm which battered the country in January was one of the most potent to hit the country since the 1800s. The public also turned to Google to decipher how to pronounce the storm's name with how to pronounce Eoin ranking the third most popular how-to search term.
In the year when Ireland welcomed a new president for the first time in 14 years, the election significantly influenced the most searched lists. People utilised Google not only to learn more about Ireland's new president, Catherine Connolly, who was the third most searched overall term and the most searched person of the year, but also about the presidential election in general.
Ireland's presidential election appeared on the most searched list in the how-to list. How to spoil your vote. Ireland was the second most searched term, while how to register to vote in Ireland was the fifth most searched.
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