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Mars Food Ireland's profits almost double to €27.6m

Mon, 10/07/2024 - 14:55
Pre-tax profits almost doubled at the Irish unit of chocolate giant Mars Foods last year to €27.6m.

New York Sun owner frontrunner to buy The Telegraph

Mon, 10/07/2024 - 14:34
British newspaper The Daily Telegraph reported today that the owner of US news website The New York Sun was leading a year-long pursuit of the right-wing title.

Cybersecurity firm Expel to create remote 50 jobs

Mon, 10/07/2024 - 14:30
Cybersecurity firm Expel has announced plans to establish a fully remote workforce in Ireland, creating up to 50 jobs over the next three years.

German property slump shows signs of bottoming out

Mon, 10/07/2024 - 14:14
Transactions in Germany's giant yet troubled property market rose slightly in the first nine months of the year, data from JLL showed today, as the global property firm and industry leaders cautioned that a rebound in Europe's largest economy will be slow.

125m containers returned at SuperValu, Centra DRS points

Mon, 10/07/2024 - 13:40
125 million single-use containers have been returned at SuperValu and Centra stores since the Deposit Return Scheme launched back in February.

IWG opens new offices in Temple House, Blackrock

Mon, 10/07/2024 - 13:21
Global office rental firm International Workplace Group is opening new offices in Temple House, Blackrock, Co Dublin.

Altratech secures EIC funding of €10.5m

Mon, 10/07/2024 - 12:50
Cork-based diagnostics company Altratech has been approved for a recommended investment of €10.5m from the European Innovation Council (EIC) Accelerator.

Amazon Fire TVs to carry Freely streaming platform

Mon, 10/07/2024 - 12:38
Freely, a new streaming service backed by the BBC, ITV and other British public broadcasters, will be available on Amazon Fire televisions following a "landmark deal" with the US technology giant, the companies said today.

ECB will probably cut rates in October - Villeroy

Mon, 10/07/2024 - 09:28
The European Central Bank will probably cut interest rates on October 17 as economic growth is weak and this raises the risk that inflation will undershoot its 2% target, French Central Bank Chief Francois Villeroy de Galhau told an Italian newspaper.

Rio Tinto looks at Arcadium before lithium prices recover

Mon, 10/07/2024 - 09:12
Rio Tinto is in talks to buy lithium producer Arcadium Lithium, both companies confirmed today, with the global miner pouncing following a slump in prices for the ultralight metal essential to the world's shift to clean energy.

Ubisoft shares rise as it reviews strategic options

Mon, 10/07/2024 - 08:46
Shares in Ubisoft Entertainment rose by as much as 5% this morning after the video game maker issued a statement saying it was reviewing its strategic options.

Oil prices dip after strongest weekly rise in over a year

Mon, 10/07/2024 - 08:14
Oil prices fell today, after posting their steepest weekly rise in more than a year last week, as oversupply concerns amid softer demand countered the worries over a wider Middle East conflict disrupting exports in the key oil-producing region.

BP drops oil output target in strategy reset - sources

Mon, 10/07/2024 - 07:58
BP has abandoned a target to cut oil and gas output by 2030 as CEO Murray Auchincloss scales back the firm's energy transition strategy to regain investor confidence, three sources with knowledge of the matter said.

German industrial orders slump more than expected

Mon, 10/07/2024 - 07:35
German industrial orders fell significantly more than expected in August, adding to signs that manufacturing in Europe's largest economy will not recover in the coming months.

Donohoe to chair latest Eurogroup meeting in Luxembourg

Mon, 10/07/2024 - 07:31
Paschal Donohoe, the President of the Eurogroup and Minister for Public Expenditure, National Development Plan Delivery and Reform, is in Luxembourg today to chair the October Eurogroup meeting.

Richemont announces deal to sell Yoox Net-A-Porter

Mon, 10/07/2024 - 07:15
Cartier owner Richemont has agreed to sell its Yoox Net-A-Porter (YNAP) online fashion and accessories business to Mytheresa, ending the search for a new owner of loss-making YNAP after the collapse of a previous deal last year.

Why being like your boss still matters – especially on politics

Mon, 10/07/2024 - 07:13
Research shows people often use their political stances strategically in interactions with potential employers or business contacts

UK house prices see biggest jump since November 2022

Mon, 10/07/2024 - 07:10
UK house prices rose in September at the fastest annual pace since November 2022, according to data from mortgage lender Halifax, as expectations of further reductions in borrowing costs added to momentum in the property sector.

62,000 new homes needed every year - Sherry Fitzgerald

Mon, 10/07/2024 - 05:00
A new analysis has suggested that as many as 62,000 homes will be needed every year to meet demand for housing in the short term.

Number of insolvencies so far this year up 35% - PwC

Mon, 10/07/2024 - 05:00
The number of businesses that became insolvent during the first nine months of the year is up more than a third compared to the same period last year, PwC has found.

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