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Full coverage: Multinationals

Apple is way behind in AI—and still making a fortune from it

Its artificial-intelligence revenue is set to top $1 billion this year, reassuring investors wary of rivals’ sky-high spending, write Rolfe Winkler and Nate Rattner, The Wall Street Journal.

The Wall Street Journal.
19th Mar, 2026 - 3 min read

From $12bn IP deal to $11.6bn payout: How AbbVie’s Irish arm availed of a lucrative tax loop

The transaction reflects that Allergan Pharmaceuticals International became a major profit centre for the US pharma group in 2020, after funding intellectual property assets with intercompany debt that has now been cancelled.

Thomas Hubert
24th Feb, 2026 - 3 min read

Eli Lilly’s Irish tax bill almost tripled to $6.6bn last year

The pharma giant, one of Ireland's top-three taxpayers together accounting for almost half of corporation tax payments in 2024, is accelerating its growth on the back of successful weight-loss drugs.

Thomas Hubert
20th Feb, 2026 - 3 min read

Leveraging AI to offset the US dollar’s decline: two lessons from Kerry’s annual results

Kerry Group failed to sparkle in 2025 as it regrouped following the sale of legacy Irish dairy processing, introduced a more aggressive digital transformation programme, and faced a geopolitical challenge different from tariffs.

Thomas Hubert
17th Feb, 2026 - 4 min read

How Intel came crashing back to Earth after its Trump bump

After months of riding positive vibes, the troubled chip maker reminded investors why it needed a rescue in the first place, write Sean McLain and Robbie Whelan, The Wall Street Journal.

The Wall Street Journal.
27th Jan, 2026 - 4 min read

Thomas Hubert: Four more years for US multinationals to line State coffers

The US is claiming “victory” over a side deal to the OECD minimum tax agreement until the end of the Trump presidency. Ireland will find it hard to resist the temptation of spending the money while it has it.

Thomas Hubert
8th Jan, 2026 - 4 min read

So much money, so little time: Rewinding the week that was

Even by Ireland’s record-breaking tax revenue standards, this year’s record is staggering. The Government has one year left to turn this gold mine into housing and infrastructure.

Thomas Hubert
7th Dec, 2025 - 6 min read

Big pharma is back: Rewinding the week that was

What does Donald Trump’s former commerce secretary Wilbur Ross mean when he says in Dublin that pharmaceutical companies “gradually come around”? The answer, if correct, is reassuring for Ireland.

Thomas Hubert
9th Nov, 2025 - 4 min read

“Stay curious and keep pivoting”: Carolan Lennon on leadership in the AI Era

Recently named CEO of the Year at the IMAGE PwC Businesswoman of the Year Awards, Carolan Lennon discusses how Salesforce Ireland is preparing for a new world of human-AI collaboration — and why values, not velocity, will shape the future of work.

Fiona Alston
20th Oct, 2025 - 6 min read

“Multinationals will actually benefit most from the R&D tax credit”

Now in his 16th budget debate as Sinn Féin’s finance spokesperson, Pearse Doherty outlines ideological differences with the Government on housing, the taxation of large and small businesses, and income redistribution in a cost-of-living crisis.

Thomas Hubert
13th Oct, 2025 - 8 min read
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