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Updated: 1 hour 33 min ago

Profit & weight loss: How Ozempic is disrupting business

Thu, 07/18/2024 - 12:49
Ozempic and Wegovy have been shown to have a dramatic impact on users', and their success is up-ending multiple industries too, writes Adam Maguire.

New plan to move more local authority services online

Thu, 07/18/2024 - 12:31
A new strategy aimed at ensuring that every local authority in Ireland will have 90% of its services available online by 2030 has been launched.

Domestic holidays taken last year up 8% to over 1 million

Thu, 07/18/2024 - 12:10
The domestic tourism market grew strongly in 2023 with over 14.3 million trips taken by Irish holidaymakers which generated €3.1 billion for the economy.

Mortgage lender MoCo taking "slow methodical" approach

Thu, 07/18/2024 - 11:58
The chief executive of the Austrian bank Bawag Group, which is rolling out a mortgage offering in Ireland under the MoCo brand, says it is taking a really slow methodical approach to building its operation here.

Domino's Pizza posts quarterly sales miss on muted demand

Thu, 07/18/2024 - 11:53
Domino's Pizza fell short of estimates for quarterly same-store sales today, as inflation worries discouraged US consumers, particularly in the lower-income group, from eating out or ordering in.

Meta to withhold roll out of 'multimodal' AI models in EU

Thu, 07/18/2024 - 11:53
Meta has said it will withhold the roll out of future 'multimodal' artificial intelligence (models in the EU over what it described as the "unpredictable nature" of the European regulatory environment.

Meta to withhold roll out of 'multimodal' AI models in EU

Thu, 07/18/2024 - 11:53
Meta has said it will withhold the roll out of future 'multimodal' artificial intelligence (models in the EU over what it described as the "unpredictable nature" of the European regulatory environment.

UK banks must improve how they treat parliamentarians

Thu, 07/18/2024 - 11:35
The UK's financial watchdog said it wants banks to improve the way they treat political figures, after being urged by the former government to look into whether people were being unfairly debanked.

Profits at Bankinter's Irish arm Avant rise 20% to €20m

Thu, 07/18/2024 - 11:00
Profits at the Irish operations of Spanish lender Bankinter rose by 20% in the first half of the year.

Premier Lotteries Ireland to move to new HQ at 1GQ

Thu, 07/18/2024 - 10:38
Premier Lotteries Ireland, which operates the Irish National Lottery, is set to move into a new office space at 1 George's Quay (1GQ) - Ulster Bank's former headquarters - later this summer.

Penneys new store in Bray creates 100 jobs

Thu, 07/18/2024 - 10:10
The new Penneys store in Bray in Co Wicklow was officially opened today after an investment worth over €4m by the retailer.

Datalex set to launch €25m equity fundraising in Autumn

Thu, 07/18/2024 - 09:59
Airline e-commerce platform Datalex said it intends to launch a €25m equity fundraising in the early Autumn.

GlobalLogic to create 15 jobs as it launches Newry office

Thu, 07/18/2024 - 08:37
Digital engineering company GlobalLogic, a Hitachi Group company, is expanding its presence on the island of Ireland as it opens a new office in Newry, Co Down.

Suez Canal revenue drops as some shippers shun Red Sea

Thu, 07/18/2024 - 08:25
The Suez Canal's annual revenue dropped by almost a quarter in its latest financial year as some shippers switched to alternative routes to avoid attacks by Iran-aligned Houthis in the Red Sea.

Royal Mail parent's quarterly revenue rises on demand

Thu, 07/18/2024 - 08:04
International Distribution Services (IDS), the owner of Britain's Royal Mail, has today reported an 8.2% rise in revenue for the first quarter of fiscal 2025, supported by strong parcel demand and more postal votes during the UK elections.

Renault posts 1.9% rise in first-half sales volume

Thu, 07/18/2024 - 07:59
French automaker Renault said today that its first-half sales volume rose 1.9% compared to the same period a year earlierdue to strong performance of its hybrids in Europe, its key region.

EU new car sales rise 4.3% in June - industry body ACEA

Thu, 07/18/2024 - 07:51
New car sales in the European Union rose 4.3% in June to their highest since July 2019, driven by an uptick in major markets Italy, Germany, and Spain, while registrations of battery electric cars fell marginally, data from Europe's auto industry body showed today.

Frasers forecasts more growth as move upmarket pays off

Thu, 07/18/2024 - 07:40
Frasers, the British sportswear and apparel retailer that owns the Sports Direct brand, reported a 13.1% rise in annual profit and forecast more growth in its new financial year as it benefits from a plan to shift the group upmarket.

Italy probes Google over unfair commercial practices

Thu, 07/18/2024 - 07:20
Italy's antitrust agency has launched an investigation into online search giant Google and its parent company Alphabet over alleged unfair commercial practices, the regulator said today.

TSMC quarterly profit soars 36%, beating expectations

Thu, 07/18/2024 - 07:14
TSMC has today posted a 36% jump in second-quarter net profit that beat market expectations as the Taiwanese chipmaker rides a wave of demand for semiconductors used in artificial intelligence applications.

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