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Updated: 17 min 30 sec ago

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.

Nokia Q2 profit falls 32% on weak demand for telecom gear

Thu, 07/18/2024 - 07:07
Finnish telecom equipment maker Nokia said today its operating profit fell 32% in the second quarter, as demand for 5G telecom equipment remained weak.

UK regular pay grows 5.7% in the three months to May

Thu, 07/18/2024 - 07:05
British wages excluding bonuses - a key gauge of inflation pressure for the Bank of England as it considers when to cut interest rates - grew by 5.7% in the three months to the end of May compared with a year earlier, official data showed.

Survey reveals director attitudes to diversity policies

Thu, 07/18/2024 - 05:00
Diversity, equity and inclusion (DE&I) quotas should not be mandatory according to almost three out of every five directors.

ECB not expected to cut interest rates any further today

Thu, 07/18/2024 - 05:00
The Governing Council of the European Central Bank (ECB) is expected to leave interest rates unchanged when it meets later today.

Comms agency 360 rebrands to FINN Partners Ireland

Thu, 07/18/2024 - 05:00
Irish-based communications agency 360 has officially become FINN Partners Ireland following its acquisition in 2021.

Pilots at Aer Lingus to vote on pay deal

Thu, 07/18/2024 - 00:01
Members of the Irish Airline Pilots Association will begin voting today on whether to accept or reject Labour Court proposals aimed at resolving a long-running pay dispute with Aer Lingus.

Ireland exported €53m in dual-use products to Israel

Wed, 07/17/2024 - 20:54
Ireland exported €53 million worth of dual-use products to Israel between October and June, the Department of Enterprise has confirmed.

Manager suffered breakdown due to workload, court hears

Wed, 07/17/2024 - 20:13
The general manager of an international company based in Ireland has told the High Court that he suffered an acute mental breakdown due to an unmanageable workload and work stress.

Calls for UK government to block Shein's London listing

Wed, 07/17/2024 - 15:52
A new campaign backed by British retail consultant and television personality Mary Portas has launched an online petition calling on the new Labour government to block fast fashion retailer Shein from listing its shares in London.

Fed getting 'closer' to rate cuts, top officials say

Wed, 07/17/2024 - 15:46
Top US Federal Reserve officials today touted interest rate cuts as getting "closer" after taking note of inflation's improved trajectory and a labor market now in better balance, remarks that appear to set the stage for a first reduction at the central bank's meeting in September.

Council refuses planning for luxury Dublin guesthouse

Wed, 07/17/2024 - 15:38
Dublin City Council has refused planning permission for a new luxury seven storey guesthouse planned for Lower Baggot Street.

Dublin and Cork ports secure new EU funding

Wed, 07/17/2024 - 14:34
Cork and Dublin ports are set to receive multi-million euro grants in EU funding for sustainable, safe and smart transport infrastructure.

Brown Bag Films records €1.1m loss for last year

Wed, 07/17/2024 - 14:17
A spend of €2.06m in redundancy payments resulted in multi-award winning animation studio firm Brown Bag Films recording pre-tax losses of €1.14m last year.

J&J beats Wall Street estimates on strong drug sales

Wed, 07/17/2024 - 12:56
Johnson & Johnson has today beaten estimates for second-quarter profit and revenue, driven by strong sales of its drugs, including cancer treatment Darzalex and blockbuster psoriasis drug Stelara.

How extreme weather will affect the insurance and energy sectors

Wed, 07/17/2024 - 12:31
The destruction and damage caused by future storms, flooding and heatwaves will have a massive impact on both sectors

Lane7 bowling and entertainment venue to open in Dundrum

Wed, 07/17/2024 - 12:16
Dundrum Town Centre in Dublin is to get a new bowling alley, along with new entertainment and leisure attractions.

Consumers spend 15% more with Revolut in June

Wed, 07/17/2024 - 12:08
Two busy weekends, a rise in domestic and international tourism and the start of the school holidays saw spending rise across multiple sectors of the economy in June, new figures from online bank Revolut show today.

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