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Ocado narrows first half loss and raises guidance

Tue, 07/16/2024 - 07:15
Britain's Ocado has today lifted its annual guidance, citing an improvement in the profitability of its warehouse technology business, reassuring investors and sending its shares up by 18%.

Hugo Boss cuts full year sales guidance over weak demand

Tue, 07/16/2024 - 07:12
German fashion house Hugo Boss has cut its sales guidance for the year to a range of between €4.20 billion to €4.35 billion over weakening global consumer demand especially in markets like China and the UK.

HSE defers move to cut cataract reimbursement prices

Tue, 07/16/2024 - 06:00
The HSE has deferred a move to cut the price it reimburses people for cataract treatments in the EU and in Northern Ireland, under its overseas treatment schemes and a separate system for the North.

206 jobs saved so far this year through SCARP

Tue, 07/16/2024 - 05:00
206 jobs have been saved so far this year as a result of the SCARP rescue process for small and micro companies, new data shows.

Regulator overseeing building construction to be set up

Tue, 07/16/2024 - 00:01
The Government is to establish a new regulator to oversee the construction of buildings.

Irish Rail worker fired for defying orders wants job back

Mon, 07/15/2024 - 18:15
An Irish Rail worker fired after defying orders not to operate a crane by taking over when he saw it was overloaded – only for it to collapse and trap another worker's foot - showed "great leadership and bravery" by freeing the man with a crowbar, his trade union has said.

EY selects Wilton Park as new Ireland headquarters

Mon, 07/15/2024 - 17:25
EY Ireland has selected Wilton Park, developed by IPUT Real Estate, as the location for its new Dublin headquarters.

180,000 products withdrawn, recalled from market in 2023

Mon, 07/15/2024 - 17:10
Over 180,000 unsafe products were withdrawn or recalled from the Irish market arising under the watch of the Competition and Consumer Protection Commission (CCPC) last year.

Berkshire Hathaway share price sets record high

Mon, 07/15/2024 - 16:17
Berkshire Hathaway's share price hit a record high today, reflecting investors' confidence in Warren Buffett's company, often regarded as a microcosm of the broader American economy.

Russian businessman challenges WRC ruling on fund access

Mon, 07/15/2024 - 15:54
Russian-born billionaire businessman Dr Alexander Gerko has asked a judge to overturn a finding of the Workplace Relations Commission (WRC) refusing his company XTX Markets Technologies access to an Irish investment management fund.

Locals object to Google pub plan for Dublin 4

Mon, 07/15/2024 - 15:40
Local residents on Dublin's Barrow Street have called on Dublin City Council to refuse planning permission to Google Ireland's plans for a new Dublin 4 pub.

Macy's ends buyout talks on valuation worries

Mon, 07/15/2024 - 14:37
Macy's has ended its buyout talks with Arkhouse Management and Brigade Capital due to uncertainty over financing and valuation and said it would now concentrate on its turnaround efforts, sending its shares down 15% today.

UK government's shareholding in NatWest falls below 20%

Mon, 07/15/2024 - 14:29
The British government's stake in NatWest fell below 20% today, the bank said, moving the lender closer to full private ownership after its state bailout in the 2008 financial crisis.

UK govt shareholding in Britain's NatWest falls below 20%

Mon, 07/15/2024 - 13:25
The British government's stake in NatWest fell below 20% today, the bank said, moving the lender closer to full private ownership after its state bailout in the 2008 financial crisis.

Demand for gas down 3% in first six months of 2024

Mon, 07/15/2024 - 13:17
Demand for gas dropped 3% in the first half of the year when compared with the same period in 2023, new data shows.

20 facts about money you probably didn't know

Mon, 07/15/2024 - 13:09
John Lowe of Money Doctors.ie gives a brief run through via 20 salient points on the origins of the term "money".

BlackRock assets hit record high of $10.6 trillion

Mon, 07/15/2024 - 12:55
Assets managed by BlackRock hit a record $10.65 trillion in the second quarter thanks to rising client asset values and as investors pumped money into the company's ETFs, the world's largest asset manager said today.

Goldman Sachs profit jumps on robust debt underwriting

Mon, 07/15/2024 - 12:41
Goldman Sachs' profit more than doubled in the second quarter, bolstered by higher fees from debt underwriting and a strong performance in its fixed-income trading business.

Danone expecting Olympics sales boost

Mon, 07/15/2024 - 11:57
Olympics sponsor Danone is expecting both a short and longer-term sales boost from the Games, having made changes to its products, invested in branding, and positioned itself in physical kiosks across Paris, its CEO said.

Exports increase by 10% in first five months of 2024

Mon, 07/15/2024 - 11:26
New figures from the Central Statistics Office show that exports of goods increased by 10% to almost €91 billion in the first five months of this year, while imports decreased by 10% during the same time.

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