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Updated: 26 min 18 sec ago

Number of homes built decreased 6.7% last year - CSO

Thu, 01/23/2025 - 11:06
A total of 30,330 homes were built in 2024, a decrease of 6.7% on 2023, according to figures from the Central Statistics Office.

20% of retail workers suffer abusive behaviour every week

Thu, 01/23/2025 - 11:00
Over two thirds of retail workers in Ireland have experienced abusive or inappropriate language or behaviour from the public, according to new research.

Davos: US inflationary pressure a risk to markets in 2025

Thu, 01/23/2025 - 10:50
The chief executive of Norway's $1.8 trillion sovereign wealth fund, one of the world's largest investors, said that inflationary pressure in the US posed a risk to financial markets this year.

Boss apoplectic after worker copied auditor on complaint

Thu, 01/23/2025 - 10:23
A businessman has denied an allegation that he got into a "fit of temper" with an employee and told her "you're fired" after the worker copied the firm's auditor on an email complaining that her pay had come late for the third month in a row.

Oil prices fall on uncertainty over Trump tariff impact

Thu, 01/23/2025 - 09:57
Oil prices dipped in early trade today, extending losses amid uncertainty over how US President Donald Trump's proposed tariffs and energy policies would impact global economic growth and energy demand.

Norway central bank keeps rate on hold, plans March cut

Thu, 01/23/2025 - 09:05
Norway's central bank held its policy interest rate unchanged at a 17-year high of 4.5% today, as unanimously expected by analysts in a Reuters poll, and maintained plans to start cutting borrowing costs in March.

Davos elite forced to find new words for diversity

Thu, 01/23/2025 - 08:58
US President Donald Trump's escalating pressure on the private sector to ditch diversity programmes has left some in Davos searching for new words to describe workplace practices they say are essential to their businesses.

Arachas buys Cork's Insight Insurance Brokers

Thu, 01/23/2025 - 08:10
Insurance broker Arachas has agreed a deal to buy Insight Insurance Brokers Limited (IIB), a brokerage operating from the Cork Airport Business Park, for an undisclosed sum.

Workhuman names O'Dea as new general manager for Ireland

Thu, 01/23/2025 - 07:58
Irish-founded tech firm Workhuman, which provides cloud-based HR services, has announced today two leadership appointments in Ireland - Jim O'Dea as General Manager for Ireland and Daniel Ryan as Vice President of Global Operations.

Commerzbank says UniCredit's approach is hostile

Thu, 01/23/2025 - 07:43
Commerzbank has defined UniCredit's approach for a potential tie-up as "hostile", and said there had been no discussion of it with the Italian bank in the past two years, despite UniCredit CEO Andrea Orcel saying there had.

Puma launches cost-cutting drive after profit disappoints

Thu, 01/23/2025 - 07:36
Sportswear brand Puma has announced a cost-cutting programme after reporting 2024 net profit below the prior year's level, missing its expectations.

Penneys/Primark cuts sales outlook after weak Christmas

Thu, 01/23/2025 - 07:35
Associated British Foods has downgraded the annual sales guidance for its Penneys/Primark budget clothing business after disappointing results in the Christmas quarter in its main UK and Ireland market.

Aer Lingus owner IAG tipped as frontrunner in TAP sale

Thu, 01/23/2025 - 07:22
Aer Lingus-owner IAG is likely to be a frontrunner to buy a stake in Portuguese carrier TAP, valued at about $1 billion, bankers and analysts said, marking the next phase in consolidation of the European market.

Trump to take virtual centre stage in Davos

Thu, 01/23/2025 - 07:12
US President Donald Trump will address global business and political leaders at the World Economic Forum in Davos by video link.

Bloomberg to fund UN climate body after US withdrawal

Thu, 01/23/2025 - 07:07
Billionaire Michael Bloomberg said today that his foundation will step in to fund the UN climate change body after President Donald Trump declared the US would withdraw from the Paris Agreement for the second time.

J&J beats quarterly sales and profit estimates

Wed, 01/22/2025 - 16:45
Johnson & Johnson, fresh off a $14.6 billion deal to buy neurological drugmaker Intra-Cellular, reported fourth-quarter revenues and profit above Wall Street estimates today, driven by strong sales of its cancer treatments.

Oil prices steady as investors watch Trump policies

Wed, 01/22/2025 - 16:16
Oil prices held steady today, with traders closely watching President Donald Trump's proposed tariffs and the potential impact of the national energy emergency he declared on his first day in office.

Council green light for upgrade works at Trump Doonbeg

Wed, 01/22/2025 - 16:01
Clare County Council has given the green light to US President Donald Trump's golf resort at Doonbeg for new upgrade works.

Irish firm launches new Minecraft AI skills programme

Wed, 01/22/2025 - 16:00
Irish-headquartered education technology company Prodigy Learning, and Minecraft Education have announced the launch of a new artificial intelligence (AI) skills course for students.

Ryanair curbs investment in Rome due to rising costs

Wed, 01/22/2025 - 15:02
Ryanair said today it would remove an aircraft from Rome Fiumicino and curb expansion at the Italian capital's second airport due to rising costs and flight restrictions, as the city braces for an influx of additional tourists in a Jubilee year.

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