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Updated: 2 hours 24 min ago

5 new corporate tax challenges facing Ireland

Thu, 03/20/2025 - 12:27
Ireland's tax regime has faced down many challenges over the last 70 years, but there's potential new obstacles ahead

Swiss cut rates again over global economic 'uncertainty'

Thu, 03/20/2025 - 12:11
Switzerland's central bank cut its key interest rate by a quarter percentage point to 0.25% today, citing "high uncertainty" in the global economy.

Tesla recalls most Cybertrucks due to trim falling off

Thu, 03/20/2025 - 11:46
Tesla is recalling 46,096 Cybertruck vehicles in the US - nearly all Cybertrucks made up to February - to fix an exterior panel that could detach while driving, adding to a series of call-backs for the pickup truck since last year.

Domestic trips by Irish residents up 8.2% in 2024 - CSO

Thu, 03/20/2025 - 11:17
New figures from the Central Statistics Office show that Irish residents spent a total of 36.7 million nights on domestic trips in 2024, an 8.2% increase compared with the previous year.

ECB's Lagarde warns US-EU trade war may hit growth

Thu, 03/20/2025 - 11:01
European Central Bank chief Christine Lagarde warned today that a trade war between the US and Europe could shave half a percentage point off eurozone growth and push up inflation.

NTMA sells €1 billion of bonds in auction today

Thu, 03/20/2025 - 10:29
The National Treasury Management Agency has today completed an auction of €1 billion of benchmark Irish Government bonds.

Swedish central bank holds key policy rate at 2.25%

Thu, 03/20/2025 - 08:59
Sweden's central bank kept its policy rate unchanged at 2.25% as expected today as it weighed up a still sluggish domestic economy and the risks posed by signs of resurgent inflation and brewing global trade tensions.

UK jobs market steadies with BoE set to keep rates steady

Thu, 03/20/2025 - 08:23
The pace of British pay growth was little changed and there were others signs of stability in the jobs market, according to official data published shortly before the Bank of England was expected to keep interest rates on hold.

Shopping basket experiment: 'Grocery prices have soared'

Thu, 03/20/2025 - 08:20
Figures from the Central Statistics Office show the Consumer Price Index rose 1.8% between February of this year and last year.

Sodexo cuts annual forecasts on slower American growth

Thu, 03/20/2025 - 08:15
French food caterer Sodexo has today lowered its yearly outlook, bringing it below analysts' estimates, saying organic revenue growth in North America was slower than it had initially expected.

Hapag-Lloyd posts 19% lower net profit in 2024

Thu, 03/20/2025 - 08:10
Container shipping liner Hapag-Lloyd has today reported an 18.9% lower net profit for 2024 and proposed a 11.4% cut in its divided from 2023, citing lower interest income and higher tax expenses.

Finland named world's happiest country, with Ireland 15th

Thu, 03/20/2025 - 07:56
Finland ranked as the world's happiest country for the eighth straight year in the World Happiness Report, with locals and experts thanking its grand lakes and strong welfare system for boosting its mood.

Bank of England set to keep rates on hold

Thu, 03/20/2025 - 07:55
The Bank of England looks set to keep interest rates on hold today as it awaits the impact on the economy of US President Donald Trump's trade tariff onslaught and of the British government's imminent tax hike for employers.

Lamborghini sees tariff threat to US sales

Thu, 03/20/2025 - 07:41
Potential US tariffs on European-made products could hit revenue at Lamborghini, its CEO said, as the sports carmaker posted strong results for last year, despite a contraction in the luxury market.

Nvidia to invest billions in US chip production - FT

Thu, 03/20/2025 - 07:32
Nvidia plans to invest hundreds of billions of dollars in US-made chips and electronics over the next four years, the Financial Times has reported, quoting CEO Jensen Huang.

Commercial vacancy rate reaches highest level at 14.5%

Thu, 03/20/2025 - 07:31
The national commercial vacancy rate has reached its highest level on record at 14.5%, according to the latest GeoDirectory Commercial Buildings Report.

ESB's profits and revenues for last year fall

Thu, 03/20/2025 - 07:16
The reduction of wholesale energy market prices led to a 19% drop in profits for the ESB last year.

What could Trump learn from 1930s' Ireland-Britain trade war?

Thu, 03/20/2025 - 07:10
The Anglo-Irish trade war saw both sides slap tariffs on key exports in a display of economic dislocation and diplomatic animosity

Film becomes first Irish production to use hydrogen power

Thu, 03/20/2025 - 06:01
A new film starring Chinese-Irish actor Steven He will become the first production in Ireland to deploy hydrogen power units.

Data watchdog to keep Meta AI features under review

Thu, 03/20/2025 - 06:00
Meta has announced the European roll out of artificial intelligence (AI) features on Facebook, Instagram, WhatsApp and Messenger.

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