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Updated: 2 hours 42 min ago

CCPC opens in-depth probe into mobile phone mast deal

Fri, 07/26/2024 - 18:54
The competition watchdog has opened a full phase two investigation into a planned purchase of mobile phone mast companies Cellnex Ireland and Cignal Infrastructure by Phoenix Tower International (PTI).

NAMA makes profit of €22m in first quarter

Fri, 07/26/2024 - 18:33
The board of the National Asset Management Agency (NAMA) has revised upwards its projected lifetime surplus to €4.8bn from the previous estimate of €4.5bn.

Kieran Mulvey appointed as new chair of An Post

Fri, 07/26/2024 - 18:15
Prominent figure in the industrial relations world, Kieran Mulvey, has been appointed the new chair designate of An Post.

Kelly's Consello adds leading US and UK names as advisors

Fri, 07/26/2024 - 17:58
The Irish American influence in Declan Kelly's Consello Group has deepened with the addition of two leading US businesspeople as Senior Advisors to the New York headquartered advisory and investing platform.

Accountant suspended over tender discussion loses case

Fri, 07/26/2024 - 17:52
An accountant suspended after being accused of "naively" breaking her employer's anti-bribery and corruption policy by discussing a tender process directly with an employee of the contracting firm has lost a claim for constructive dismissal.

Firm owned by Brian O'Driscoll records €810,463 profit

Fri, 07/26/2024 - 17:46
Accumulated profits at the main firm owned by Irish rugby legend, Brian O'Driscoll surged last year to €10.47m.

US Fed's favoured inflation measure cools further in June

Fri, 07/26/2024 - 14:22
The US Federal Reserve's favoured inflation measure eased further in June, according to government data, in more good news for policymakers ahead of next week's interest rate decision.

EU transfers €1.5bn raised from Russian assets

Fri, 07/26/2024 - 13:10
The EU on Friday said €1.5 billion had been made available to support Ukraine, the first chunk of money earned from profits on Russian frozen assets.

Under pressure in China, Mercedes trims profit outlook

Fri, 07/26/2024 - 11:36
Mercedes-Benz has lowered its annual profit margin forecast after weak second quarter sales and earnings but expects new models to help it battle stiff competition in China in the second half of the year.

ECB's cyber test shows 'room for improvement' for banks

Fri, 07/26/2024 - 11:27
Euro zone banks have "room for improvement" in their cyber security, starting with how they would keep their business running after a hack, the European Central Bank has said.

Musk to discuss $5bn xAI investment with Tesla board

Fri, 07/26/2024 - 11:12
Tesla CEO Elon Musk has said he and the board of the electric vehicle company will discuss making a $5 billion investment in his artificial intelligence startup xAI, fueling concerns about a conflict of interest.

Cork firm to develop Nth America's biggest solar project

Fri, 07/26/2024 - 10:05
Irish renewable energy company DP Energy has been granted approval for what is understood will be North America's largest urban solar project when built.

OpenAI enters Google-dominated market with SearchGPT

Fri, 07/26/2024 - 08:19
OpenAI is venturing into a territory long dominated by Google with the selective launch of SearchGPT, an artificial intelligence-powered search engine with real-time access to information from the internet.

Hollywood's videogame performers to strike

Fri, 07/26/2024 - 08:10
Videogame voice actors and motion-capture performers have called a strike over failed labor contract negotiations focused around AI-related protections for workers, bringing about another work stoppage in Hollywood.

NatWest to buy Metro Bank mortgages after 16% profit fall

Fri, 07/26/2024 - 07:50
NatWest's first-half pretax operating profit fell by a less than expected 16% to £3 billion, it said today, with margins hit by mortgage market competition and savers shifting deposits to higher-paying products.

Insured losses from CrowdStrike outage could hit $1.5bn

Fri, 07/26/2024 - 07:37
Global insured losses from last week's massive IT outage are likely to range from $400 million to $1.5 billion, cyber analytics firm CyberCube has said.

Do you have maths anxiety?

Fri, 07/26/2024 - 07:25
A tension and anxiety around numbers and maths problems can have far-reaching impacts on an individual and society

Reeves expected to unveil £20bn hole in UK finances

Fri, 07/26/2024 - 07:24
UK Chancellor of the Exchequer Rachel Reeves is expected to unveil a black hole in the public finances of around £20 billion, signalling that tax rises could be on the way.

What your sad desk sandwich says about your working habits

Fri, 07/26/2024 - 07:22
Like quiet quitting and the great resignation, a minimal effort lunch can be seen as another response to a more demanding work culture

SpaceX cleared to launch Falcon 9 rocket again

Fri, 07/26/2024 - 07:12
SpaceX's stalwart Falcon 9 rocket has been cleared for launch after experiencing a rare failure earlier this month.

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