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Updated: 1 hour 26 min ago

Dublin Port Company pays €1.7m vacant site levy

Wed, 06/18/2025 - 11:27
The Dublin Port Company has paid almost €1.7m in a vacant site levy for an empty piece of land in its portfolio.

Holidaymakers urged to be on high alert for travel scams

Wed, 06/18/2025 - 11:01
Consumers are being warned to be on high alert for a seasonal rise in scams linked to last-minute travel and holiday deals.

ECB to keep flexible approach as war heightens risks

Wed, 06/18/2025 - 10:37
The European Central Bank will keep a flexible approach to monetary policy decisions against a backdrop where the conflict between Israel and Iran compounds risks from Washington's trade policy, a top policymaker said today.

Profits surge at Sodexo Ireland as revenues rise to €154m

Wed, 06/18/2025 - 10:01
Pre-tax profits at the Irish arm of food services firm Sodexo, which counts the Central Bank as one of its clients here, last year increased by 44% to €4.94m.

Food and drink firms invested €166m in R&D in 2024

Wed, 06/18/2025 - 09:36
Enterprise Ireland-backed food and drinks companies invested €166m in research and development last year, according to the semi-State body.

Russia's Sberbank warns of economy overcooling

Wed, 06/18/2025 - 09:36
The Russian economy could cool down excessively due to high interest rates and may face difficulties returning to a growth path, Alexander Vedyakhin, First Deputy CEO of Russia's largest lender, Sberbank, said in an interview with Reuters.

Sweden's central bank cuts key interest rate to 2%

Wed, 06/18/2025 - 08:38
Sweden's central bank cut its key interest rate to 2% from 2.25% as expected today, saying mild inflationary pressures gave it room to boost weak economic growth.

Avolon to lease 10 Airbus planes to Turkey's AJet

Wed, 06/18/2025 - 08:27
Dublin-based Avolon, the world's second-biggest aircraft leasing company, has agreed to lease ten Airbus A321neos to AJet, the low-cost carrier subsidiary of Turkish Airlines.

Ocado to build robotic warehouse for Spain's Bon Preu

Wed, 06/18/2025 - 08:12
British online supermarket and technology firm Ocado has expanded its partnership with Spanish supermarket group Bon Preu with plans to build a robotic warehouse near Barcelona, it said today.

IT.ie agrees deal for Abacus Systems

Wed, 06/18/2025 - 08:01
Irish managed IT services company IT.ie has announced that it has acquired Abacus Systems, a Dublin-based managed IT service provider, in a seven-figure deal.

Trump to extend TikTok sale deadline for third time

Wed, 06/18/2025 - 07:46
US President Donald Trump will extend a June 19 deadline for China-based ByteDance to divest the US assets of short video app TikTok for 90 days despite a law that mandated a sale or shutdown absent significant progress, the White House has said.

Japan's exports post first drop in eight months

Wed, 06/18/2025 - 07:39
Japan's exports fell in May for the first time in eight months as big automakers like Toyota were hit by sweeping US tariffs, and the failure of the Asian nation to clinch a trade deal this week will likely pile pressure on its fragile economy.

Transatlantic airfares slump as Europeans skip US travel

Wed, 06/18/2025 - 07:31
Airfares from Europe to the United States have dropped to rates not seen since before the Covid-19 pandemic, as travellers from Western Europe lead a pullback in travel to the US that is expected to continue until at least next month.

Hasbro cuts 3% of workforce amid higher tariff costs

Wed, 06/18/2025 - 07:27
Toy seller Hasbro has cut 3% of its global workforce in its latest cost-cutting effort amid higher US tariffs on toys from China.

Airbus raises dividend payout range, confirms guidance

Wed, 06/18/2025 - 07:21
Airbus has raised the upper range of its dividend payout target ahead of a business update and confirmed its guidance for 2025 as it looked to reassure investors about its future prospects.

Amazon's corporate workforce may shrink due to AI

Wed, 06/18/2025 - 07:16
Rollout of generative AI and agents will reduce Amazon's total corporate workforce in the next few years, Andy Jassy, CEO of the online retailer has said in a note to employees.

How to decide when it's time to leave your job

Wed, 06/18/2025 - 07:05
If your job is driving you crazy or making you sick, leaving is better than staying even if the alternatives are not entirely clear

UK inflation slows in May but food prices jump - ONS

Wed, 06/18/2025 - 07:04
British inflation slowed as expected in May, pulled down by air fares which leapt in April and the correction of a tax data error, although food prices shot up at the fastest rate in more than a year.

Call for 'ambitious' strategy for climate-neutral economy

Wed, 06/18/2025 - 00:53
The Just Transition Commission has called on the Government to urgently provide a visionary, ambitious, just and joined-up strategy for the Ireland to transition to a climate-neutral economy.

Climate body recommends rise in grants to buy EVs

Wed, 06/18/2025 - 00:26
The Climate Change Advisory Council is recommending that the Government provides an additional €10,000 in grants to low income households for the purchase of electric vehicles, particularly in areas with limited access to public transport.

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