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FBD and UCD invest in new agricultural research centre

Mon, 07/15/2024 - 10:50
FBD and University College Dublin are to invest in new agricultural research and education facilities at UCD Lyons Farm.

Deutsche Bank analysts expect quarterly loss

Mon, 07/15/2024 - 10:20
Deutsche Bank is expected to post a loss for the second quarter, according to a new analyst consensus forecast published on the bank's website today.

Burke leads IDA-Enterprise Ireland trade mission to US

Mon, 07/15/2024 - 09:42
Minister for Enterprise, Trade and Employment Peter Burke is leading a joint Enterprise Ireland and IDA Ireland Trade and Investment Mission to New York and Boston to boost trade relationships and promote Irish companies in the US.

AI-powered homecare assistant startup gets funding boost

Mon, 07/15/2024 - 08:59
A new startup company, based in ADAPT - the SFI Research Centre for AI-Driven Digital Content Technology at Trinity College Dublin - has secured over half a million euro in funding through the Enterprise Ireland Commercialisation Fund Programme.

China's economy falters as housing, consumer pain worsens

Mon, 07/15/2024 - 08:36
China's economy grew much slower than expected in the second quarter, as a protracted property downturn and job insecurity knocked the wind out a fragile recovery, keeping alive expectations Beijing will need to unleash even more stimulus.

Wall Street banks see investment banking improvement

Mon, 07/15/2024 - 08:27
Wall Street banks reported a healthier pipeline for deals and a jump in investment banking activity in quarterly earnings on Friday, but also cited some headwinds and reasons for caution.

Irish firms more upbeat than euro zone counterparts

Mon, 07/15/2024 - 08:18
Almost three quarters of Irish medium-sized companies are predicting a positive future, the latest International Business Report from Grant Thornton reveals, better than the euro zone average.

Airbus upgrades 20-year demand forecast

Mon, 07/15/2024 - 08:04
Airbus has today revised up its 20-year demand forecast for jetliners as many airlines modernise long-haul fleets and Asia's surging economies lock into air travel.

Ireland 5th in EY Renewable Energy Attractiveness index

Mon, 07/15/2024 - 07:59
Ireland is the fifth most attractive country in the world to invest in renewable energy projects, according to the latest EY Renewable Energy Country Attractiveness Index.

Burberry axes CEO and dividend as it warns on profit

Mon, 07/15/2024 - 07:24
British luxury group Burberry named former Michael Kors boss Joshua Schulman as its new chief executive today, as it warned on profit and scrapped its dividend payment for this year.

Swatch sales fall 14.3% in first half of 2024

Mon, 07/15/2024 - 07:16
Swatch Group reported a steep fall in first half sales and earnings today as the world's biggest watchmaker struggled with weaker demand in China.

IALPA recommending acceptance of Labour Court proposals

Mon, 07/15/2024 - 07:10
Officials of the Irish Airline Pilots Association (IALPA) are briefing members this week about Labour Court proposals issued last week aimed at resolving their pay dispute.

ECB to opt for summer pause after initial rate cut

Mon, 07/15/2024 - 07:07
The European Central Bank is expected to leave interest rates unchanged on Thursday, giving the euro zone time to digest last month's first cut since 2019 as the inflation path remains unpredictable.

Health Service Executive recruitment freeze ends today

Mon, 07/15/2024 - 07:03
A recruitment freeze at the Health Service Executive is to end today after it was introduced last October.

Irish music artists shared €40m in royalties from IMRO

Fri, 07/12/2024 - 16:58
Big names such as Christy Moore, U2 and Hozier along with a host of other artists last year shared a royalty bonanza of €40.28m from the Irish Music Rights Organisation (IMRO) due in part to a buoyant concert market in 2023.

Carpetright to enter administration in UK

Fri, 07/12/2024 - 16:13
Carpet and flooring retailer, Carpetright, is set to enter administration in the UK, putting the future of its more than 1,800 staff there at risk.

High Court orders X to provide details about accounts

Fri, 07/12/2024 - 15:50
The High Court has made orders directing the social media platform X, which was formerly Twitter, to provide details about four accounts on its platform to another social media service and two of its founders.

Wells Fargo misses interest income estimates over costs

Fri, 07/12/2024 - 14:24
Wells Fargo's second-quarter profit declined and the lender missed analysts' estimates for interest income on higher deposit costs amid intense competition for customers' money, sending its shares down more than 5% in premarket trading.

US producer inflation higher than anticipated in June

Fri, 07/12/2024 - 14:10
US wholesale prices picked up more than expected in June, according to government data released today, on the back of services costs.

JPMorgan Chase profits jump

Fri, 07/12/2024 - 12:41
JPMorgan Chase reported higher second-quarter profits Friday thanks to better results in investment banking and a gain on Visa shares, although earnings were dampened by higher costs for bad loans.

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