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Updated: 10 min 13 sec ago

Bank of Ireland to invest over €60m in ATMs, branches

Tue, 01/30/2024 - 11:00
Bank of Ireland has today announced its biggest ATM investment in the last decade with new ATMs to be installed in every Bank of Ireland branch across the island of Ireland.

Euro zone narrowly avoids technical recession in Q4

Tue, 01/30/2024 - 10:37
The euro zone's economy stagnated last year, weighed down by an industrial malaise in Germany, its former powerhouse, data showed today.

'Year of elections' adds to uncertainty for investors

Tue, 01/30/2024 - 10:17
The unusually high number of elections taking place around the world this year poses a challenge to markets, according to one of the country's largest investment managers.

German economy contracted in fourth quarter

Tue, 01/30/2024 - 10:01
The German economy shrank in the final three months of 2023, the statistics office said today, with economists increasingly warning of another technical recession for Europe's largest economy in the first quarter of 2024.

Will Deposit Return Scheme see us change our recycling behaviour?

Tue, 01/30/2024 - 09:18
It's probably the biggest environmental behaviour change since the plastic bag levy, but are we any good at dealing with change?

Norway wealth fund posts $213 billion profit

Tue, 01/30/2024 - 08:56
Norway's $1.6 trillion sovereign wealth fund, the world's largest, reported a record profit of 2.22 trillion Norwegian crowns ($213 billion) in 2023, driven by strong returns on its investments in technology stocks.

Uniphar says 2023 performance in line with expectations

Tue, 01/30/2024 - 08:47
Healthcare services group Uniphar said today that the business had performed in line with its expectations for 2023 at both a gross profit and EBITDA level.

McGrath to pitch for Anti-Money Laundering Authority

Tue, 01/30/2024 - 08:17
Minister for Finance Michael McGrath will present Ireland's case to host the EU's new Anti-Money Laundering Authority in Dublin during a hearing in the European Parliament today.

SSP Group forecasts resilient travel demand

Tue, 01/30/2024 - 07:37
SSP Group, which operates food outlets such as Upper Crust at airports and train stations globally, has today posted an over 14% sales growth in its first quarter, buoyed by a rebound in leisure travel, and also forecast travel demand to remain resilient.

Guinness maker Diageo misses first-half sales estimates

Tue, 01/30/2024 - 07:27
Diageo, the world's top spirits maker, missed first-half sales estimates today, as a sharp decline in Latin America weighed on its overall performance.

Pandora stops using mined silver and gold

Tue, 01/30/2024 - 07:22
Pandora, the world's largest jeweller by amount of products sold, has stopped using mined silver and gold and now only manufactures with recycled precious metals, which require less energy to produce.

HSBC fined £57m for deposit protection failures

Tue, 01/30/2024 - 07:17
HSBC has been fined £57.4m for "serious failings" in protecting some depositors over several years, in the first penalty of its kind under British rules designed to protect customers if banks fail.

Toyota remains world's top-selling carmaker

Tue, 01/30/2024 - 07:12
Toyota Motor retained its crown as the world's top-selling automaker for the fourth consecutive year after posting record annual sales of 11.2 million in 2023, though its chairman apologised today for scandals at three group companies.

Hapag-Lloyd Q4 earnings plunge as Red Sea attacks weigh

Tue, 01/30/2024 - 07:06
Hapag-Lloyd has today reported a 92% slump in earnings before interest, taxes, depreciation and amortisation (EBITDA) in the fourth quarter, as attacks on shipping in the Red Sea negatively impacted transport volumes at the end of 2023.

Turnover in Irish investment property market down 70%

Tue, 01/30/2024 - 05:00
Turnover in the Irish investment property market dropped almost 70% last year to €1.85bn when compared to 2022 - the lowest since 2012.

Offshore wind could be worth at least €38bn to economy

Tue, 01/30/2024 - 05:00
The development of offshore wind in Ireland could be worth at least €38 billion to the economy, a new study has estimated.

Job vacancies down 28% in final quarter of last year

Tue, 01/30/2024 - 05:00
Job vacancies fell 28% in the final three months of last year, compared to the same period in 2022.

Neuralink installs brain implant in first human patient

Tue, 01/30/2024 - 00:01
Elon Musk has said his Neuralink startup had installed a brain implant in its first human patient with "promising" initial results.

Neuralink installs brain implant in first human patient

Mon, 01/29/2024 - 23:56
Elon Musk has said his Neuralink startup had installed a brain implant in its first human patient with "promising" initial results.