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Updated: 37 min 34 sec ago

GridBeyond raises €52m to fund its expansion

Tue, 04/16/2024 - 05:00
Smart energy company, GridBeyond, has raised €52m in fresh funding.

Meta seeks age verification implementation across Europe

Tue, 04/16/2024 - 00:01
Meta will call for age verification to be implemented across Europe at an Oireachtas committee hearing today. The social media company will tell politicians at the Oireachtas Committee on Children later today that in the US, the average teenager uses 44 applications on their phone.

'Significant' drop in job openings in first quarter

Tue, 04/16/2024 - 00:01
There was a 'significant' drop in job openings in the first quarter of the year, according to the latest Quarterly Employment Monitor from recruitment firm Morgan McKinley.

Work needed on systemic risks from non-banks - Makhlouf

Mon, 04/15/2024 - 21:40
The Governor of the Central Bank has called for continued global coordination that will lead to progress in dealing with systemic risks arising from the non-bank sector.

Eirgrid CEO Mark Foley steps down from role

Mon, 04/15/2024 - 16:18
The chief executive of Eirgrid, Mark Foley, has stepped down from his role.

Court winds up Ireland's only vinyl records manufacturer

Mon, 04/15/2024 - 15:56
The High Court has formally wound up Ireland's only vinyl records manufacturer with the loss of over 20 jobs.

Tax bill for woman with smuggled fuel on her farm reduced

Mon, 04/15/2024 - 15:51
A woman who was hit with a bill for almost €330,000 in unpaid excise duties following the discovery of a large amount of smuggled fuel on her farm had the sum reduced by over €254,000 on appeal.

US retail sales up more than expected in March

Mon, 04/15/2024 - 14:38
Retail sales in the US grew more than anticipated last month, government data showed today, defying predictions of weaker consumer demand.

Cataldo named as new Digicel Group CEO

Mon, 04/15/2024 - 14:19
Mobile phone operator Digicel has named Marcelo Cataldo as its new group chief executive, effective from May 1.

Euro zone inflation heading to 2% after 'bumpy' road:Lane

Mon, 04/15/2024 - 14:10
Euro zone inflation is heading to the European Central Bank's 2% target next year after a "bumpy" road that will see it hover near current levels for now, the ECB's chief economist Philip Lane said today.

BP's EV charging arm cuts jobs, reduces global ambitions

Mon, 04/15/2024 - 12:50
BP has cut over a tenth of the workforce in its electric vehicle charging business and pulled it out of several markets after a bet on rapid growth in commercial EV fleets did not pay off, company sources said.

Goldman Sachs' quarterly profit jumps 28%

Mon, 04/15/2024 - 12:42
Goldman Sachs' profit rose 28% in the first quarter, buoyed by a recovery in debt underwriting and dealmaking that boosted its investment banking unit, it reported today.

Eir fined €7,500 over complaints regulations breaches

Mon, 04/15/2024 - 12:40
A court has heard telecoms company Eir employed a deliberate policy aimed at preventing customers from logging complaints.

Tesla to lay off more than 10% of its staff - reports

Mon, 04/15/2024 - 12:14
Tesla will lay off more than 10% of its workforce, tech publication Electrek reported today, citing an internal memo, as the top auto-maker struggles with soft demand for its electric vehicles in a highly competitive market.

Farm input price index down 15% in February - CSO

Mon, 04/15/2024 - 12:01
The cost of agricultural inputs such as fertilisers and feed have fallen sharply in the 12 months to February, new figures from the Central Statistics Office show.

BNP Paribas to become top investor in insurer Ageas

Mon, 04/15/2024 - 11:45
BNP Paribas, the euro zone's biggest bank, has agreed to buy a 9% stake in the Belgian insurer Ageas from China's Fosun Group for about €730m, a deal that will make BNPP Ageas' biggest shareholder.

Dublin Airport continues rollout of new 3D scanners

Mon, 04/15/2024 - 11:40
Airport operator daa said today that the rollout of new and improved security scanning technology at Dublin Airport will continue over the coming months.

Ardagh moves to refinance $1bn in debt in Apollo deal

Mon, 04/15/2024 - 11:17
Businessman Paul Coulson's Ardagh packaging group has moved to refinance up to $1bn worth of debt.

Lufthansa offers concessions to gain EU nod on ITA deal

Mon, 04/15/2024 - 11:03
German airline Lufthansa has offered concessions aimed at securing EU antitrust approval for its acquisition of a minority stake in Italian carrier ITA Airways, an update on the European Commission website shows.

Many VHI customers facing policy switch as plans retired

Mon, 04/15/2024 - 09:50
Thousands of VHI policy holders are facing into having to choose new policies in the months ahead, as the insurer plans to retire a number of its most popular plans.

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