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Updated: 2 hours 7 min ago

McGrath doesn't rule out once-off payments in Budget 2025

Wed, 04/24/2024 - 08:57
Minister for Finance Michael McGrath has said that the changed inflation environment will influence Budget 2025 decisions.

Kering shares drop 8.5% after profit warning

Wed, 04/24/2024 - 08:32
Shares in French luxury group Kering fell 8.5% this morning, after the company said it expected a 40%-45% plunge in first-half operating profit.

LSEG shareholders to vote on doubling CEO's potential pay

Wed, 04/24/2024 - 08:23
London Stock Exchange Group shareholders will vote today on whether to potentially double the pay of CEO David Schwimmer, after the 300-year old bourse campaigned to raise executive rewards to strengthen UK capital markets.

Lloyds Bank's Q1 profits fall by 28% on income squeeze

Wed, 04/24/2024 - 08:10
Lloyds Banking Group saw pretax profit slide by 28% in the first quarter, as rising costs, peaking interest rates and intensifying competition in the mortgage market hurt income.

Heineken sells more beer in Q1, sticks to outlook

Wed, 04/24/2024 - 07:53
Heineken sold more beer than expected in the first quarter, reporting its first quarterly year-on-year growth in volumes in a year as it stuck to its forecast for profit growth in 2024.

Talks on global plastic treaty under way in Canada

Wed, 04/24/2024 - 07:42
Negotiators from 175 countries have begun talks on a proposed global treaty to reduce plastic pollution, which is currently found everywhere from mountain tops to ocean depths, and in human blood and breast milk.

Ornua's 2023 results dip due to challenging markets

Wed, 04/24/2024 - 07:41
Kerrygold brand owner Ornua has reported lower turnover and operating profits for 2023 due to the challenging market conditions that the Irish dairy industry faced last year.

AIB raises €625m in new capital amid strong demand

Wed, 04/24/2024 - 07:23
AIB said it raised €625m yesterday from the issuance of a new bond to institutional investors which offered an interest rate of 7.125%.

Tesla's Musk promises 'more affordable' cars

Wed, 04/24/2024 - 07:10
Tesla said it would introduce "new models" by early 2025 using its current platforms and production lines as it retreated from more ambitious plans to produce an all-new model that had been expected to cost $25,000.

7 questions ahead of RTÉ being discussed at Media Cttee

Wed, 04/24/2024 - 06:00
Representatives from unions including the NUJ, SIPTU, Connect and Unite are due to appear before the Oireachtas Joint Committee on Media to discuss 'Governance and Culture Issues' at RTÉ. Arts and Media Correspondent Evelyn O'Rourke looks at what is expected at the hearing.

Ireland falls in rankings of attractive work destinations

Wed, 04/24/2024 - 05:00
Ireland has fallen four places to rank 36 in the most attractive countries for professionals across the world to work.

Consumers want to make 'green' choices but cost dominates

Wed, 04/24/2024 - 05:00
Consumers want to make sustainable choices but cost and other practicalities take priority, new research shows.

Turnover and profits drop at Carbery Group

Wed, 04/24/2024 - 05:00
Carbery Group, the West Cork-based international ingredients, flavours, and a cheese producer, has reported a drop in group turnover and operating profit for the year ended 31 December 2023.

Staff missing from RTÉ scandal discourse, cttee to hear

Wed, 04/24/2024 - 02:12
The National Union of Journalists is expected to tell the Oireachtas Joint Committee on Media that the voice of RTÉ staff "has been missing from discourse" about the series of scandals that have hit the broadcaster in the last year.

European Parliament to vote on money laundering law

Wed, 04/24/2024 - 00:05
New laws to tackle money laundering, terrorist financing and sanctions evasion are due to be voted on by the European Parliament.

European Parliament to vote on money laundering law

Wed, 04/24/2024 - 00:05
New laws to tackle money laundering, terrorist financing and sanctions evasion are due to be voted on by the European Parliament.

Covid-19 supports stabilised labour market - study

Wed, 04/24/2024 - 00:01
Employment and social welfare supports during the Covid pandemic helped to stabilise the labour market but inequalities persist according to a new study.

Gucci-owner Kering posts 10% drop in Q1 sales

Tue, 04/23/2024 - 17:33
French luxury group Kering expects a 40% to 45% plunge in first-half operating profit, it said today, after first-quarter sales declined as wealthy shoppers curbed spending on products from its star label Gucci.

Service professionals say using AI saves them time

Tue, 04/23/2024 - 16:43
95% of service professionals in Ireland using artificial intelligence (AI) say it saves them time, according to a new survey from software company Salesforce.

Council approval for €20m solar farm to power Tara Mines

Tue, 04/23/2024 - 15:46
The owner of Tara Mines, Boliden has secured planning permission to develop a €20m 18MW solar farm on an 84 acre site adjacent to its zinc mine site in Co Meath.

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