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Updated: 51 min 8 sec ago

Price increases in store for consumers from Monday

Wed, 03/27/2024 - 23:43
Inflation in Ireland has fallen significantly in recent months, but a number of cost increases will weigh on consumers from next Monday.

UN: 'Tragedy' as households waste one billion meals a day

Wed, 03/27/2024 - 16:32
Households around the world threw away one billion meals every single day in 2022 in what the United Nations has called a "global tragedy" of food waste.

'Back to the Future' DeLorean trademark case settled

Wed, 03/27/2024 - 15:27
NBCUniversal has settled a trademark lawsuit over its continued use of the classic DeLorean car from "Back to the Future" on merchandise and tie-ins for the blockbuster film series, according to a filing in California federal court.

58,000 new homes needed each year to 2027 - Knight Frank

Wed, 03/27/2024 - 15:10
Up to 58,000 new housing units are needed in Ireland each year between now and 2027, new analysis has claimed.

Tralee Aqua Dome enjoys record year as revenues top €2m

Wed, 03/27/2024 - 15:06
The firm which operates The Aqua Dome in Tralee, Co Kerry last year enjoyed record revenues of €2m as it benefited from post Covid-19 pent up demand.

€10m paid out under €125m mortgage interest relief scheme

Wed, 03/27/2024 - 15:01
Just €10m has so far been paid out in mortgage interest relief under the Government scheme announced in the budget, despite €125m being allocated for it.

Trump's media company shares gain on second day after IPO

Wed, 03/27/2024 - 14:54
Shares of Trump Media & Technology Group rose more than 18% today, extending gains from their stellar Nasdaq debut to a second day.

Corporate insolvencies jump by 47% in first quarter

Wed, 03/27/2024 - 14:20
New figures from Deloitte Ireland show that the number of corporate insolvencies jumped by 47% in the first quarter of 2024 compared to the same time last year and could reach a total of 800 by the end of the year.

MetroLink 'redesign' sought over carbon emissions concern

Wed, 03/27/2024 - 13:24
Architect and environmentalist Duncan Stewart has said the proposed MetroLink project should be "withdrawn" and "redesigned" because of the carbon emissions that would be generated during construction.

Renault to sell Nissan stake of about 2.5%

Wed, 03/27/2024 - 12:54
Renault plans to sell a stake of about 2.5% in Nissan shares to the Japanese car maker in a deal that could result generate up to €362m, the French firm said today.

ITA Airways cut net loss to only €5m in 2023

Wed, 03/27/2024 - 12:02
ITA Airways posted a 2023 net loss of only €5m, a strong improvement from the year before, and revenues of €2.4 billion amid an increase in the flights it operates, the company said today.

Unpaid van drivers in closure of logistics firm win €90k

Wed, 03/27/2024 - 11:58
A logistics company director who said there was "no money to pay the wages" when his company ceased trading on payday has criticised for his "failure to act responsibly" by the Workplace Relations Commission.

International Paper stirs up biding war over DS Smith

Wed, 03/27/2024 - 11:42
International Paper has stirred up a potential bidding war over British paper packaging firm DS Smith, making a takeover offer that sent the shares of the FTSE-100 target over a two-year high.

German economy to nearly flatline this year: think-tanks

Wed, 03/27/2024 - 10:49
The German economy is expected to barely grow this year, leading economic institutes said today, as weak demand at home and abroad slows the path to recovery.

Mbryonics wins €17.5m from European Innovation Council

Wed, 03/27/2024 - 10:30
Galway-based space tech company Mbryonics has been approved for a recommended investment of €17.5m from the European Innovation Council (EIC) Accelerator.

Spending up 4% over St Patrick's weekend - Revolut

Wed, 03/27/2024 - 09:48
New figures from financial app Revolut shows that spending here via the app over the St Patrick's Day weekend rose by 4% compared to the same time last year.

5 things you didn't know about where your electricity comes from

Wed, 03/27/2024 - 09:31
Knowing how the electricity we use was generated is valuable information when it comes to cost and demand

Euro zone wage moderation supports rate cut case

Wed, 03/27/2024 - 09:19
The European Central Bank is increasingly confident that inflation will fall back to its 2% target by mid-2025 as wage growth moderates, strengthening the case for lower interest rates, ECB board member Piero Cipollone said today.

Swedish central bank holds rates, flags cut in May/June

Wed, 03/27/2024 - 08:37
Sweden's central bank held its key rate unchanged at 4% today as expected and said that inflation pressures had now eased enough for the policy rate to be cut in the coming months.

Japan makes strongest intervention warning as yen slumps

Wed, 03/27/2024 - 08:21
Japan's finance minister issued his strongest warning to date today about yen weakness as it fell to a 34-year low against the dollar, saying authorities could take "decisive steps", language previously used before intervention.