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BusConnects confident of progress despite opposition

Thu, 04/24/2025 - 06:00
Construction is due to begin in the coming months on the first two of 12 bus corridors that are being built in the Greater Dublin Area as part of the BusConnects programme.

Ericsson to invests €200m in Athlone facility

Thu, 04/24/2025 - 00:00
Swedish communications technology company Ericsson is to invest €200 million over the next three years in a new Research, Development, and Innovation (RD&I) project at its Athlone facility.

Engineers question Govt's 2050 decarbonisation target

Thu, 04/24/2025 - 00:00
An all-island body representing engineers has questioned the feasibility of the Government's target of decarbonising the electricity sector by 2050.

Significant changes to rail fares, zones from Monday

Wed, 04/23/2025 - 18:37
Iarnród Éireann is to introduce rail fare and zonal adjustments from Monday, bringing major changes for commuters, particularly in the north-east of the country.

Kering reports 14% sales drop as Gucci sales slide

Wed, 04/23/2025 - 17:41
Kering reported a bigger-than-expected decline in first-quarter revenue today, the latest set of disappointing results from the luxury group as its star label Gucci continues to struggle amid a worsening economic environment.

Nintendo cannot meet Switch 2 lottery demand in Japan

Wed, 04/23/2025 - 17:30
Nintendo said it has received 2.2 million applications in the lottery for its Switch 2 gaming device in Japan but cannot fulfil all the demand.

Meta opens Threads to advertisers globally

Wed, 04/23/2025 - 17:28
Meta Platforms has said it is expanding advertising on its social network Threads to all eligible advertisers globally, as it looks to generate new revenue streams amid brand uncertainty over tariffs.

What happens to Apple and Meta after the EU fine?

Wed, 04/23/2025 - 16:47
European Union antitrust regulators have today fined Apple 500 million euros and Meta 200 million euros to make the companies comply with the Digital Markets Act, which seeks to allow smaller rivals into markets dominated by the biggest companies.

RTÉ opens Voluntary Exit Programme with cap of €300,000

Wed, 04/23/2025 - 16:22
RTÉ has opened its Voluntary Exit Programme (VEP), as the broadcaster seeks to reduce staff numbers by up to 400.

White House mulls cutting China tariffs to between 50-65%

Wed, 04/23/2025 - 15:26
The Trump administration would look at lowering tariffs on imported Chinese goods pending talks with Beijing, a source familiar with the matter said today, adding that any action would be in conjunction with negotiations and not made unilaterally.

An Garda spend over €3.65m on advertising and PR

Wed, 04/23/2025 - 15:03
An Garda Síochána has spent more than €3.65m on advertising, public relations, and communications over the past two years.

Oracle's Irish arm returns to profit as revenues top €9bn

Wed, 04/23/2025 - 14:52
The directors of the main Irish arm of Larry Ellison's Oracle believe that the direct impact of US, European Union and other jurisdictional tariffs and non tariff measures to be minimal.

Economic worries may hit airline results as bookings drop

Wed, 04/23/2025 - 14:21
European airlines are set to report first-quarter results in the coming weeks, offering outlooks for the lucrative travel season amidst growing worries that economic uncertainty could slow demand and threaten earnings.

Tariff pressures to push public debt past Covid levels

Wed, 04/23/2025 - 14:11
Economic pressures from steep new US tariffs will push global public debt above pandemic-era levels to nearly 100% of global GDP by the end of the decade as slower growth and trade strain government budgets, the International Monetary Fund said today.

Boeing posts smaller quarterly loss

Wed, 04/23/2025 - 13:13
Boeing reported a smaller-than-expected quarterly loss today, as the US planemaker produced and delivered more jets, after a quality crisis and crippling strike shuttered production of most of its aircraft in late 2024.

Govt missed 2024 target on new build social homes

Wed, 04/23/2025 - 12:53
The Government missed its target on new build social homes last year, with a shortfall of more than 1,400.

European regulators crack down on Big Tech

Wed, 04/23/2025 - 12:05
European regulators have launched a series of investigations into Big Tech in recent years.

UK government prepares to offload final NatWest stake

Wed, 04/23/2025 - 11:48
The chairman of NatWest said it has "fixed the issues of the past" and thanked UK taxpayers for their "intervention and support" as the bank nears a return to private ownership, 16 years after being bailed out by the UK government.

WEF confirms probe into claims against founder Schwab

Wed, 04/23/2025 - 11:24
The World Economic Forum confirmed today that it has launched an investigation into allegations made against its founder Klaus Schwab that reportedly prompted his resignation this week.

Apple fined €500m and Meta €200m for breaching EU law

Wed, 04/23/2025 - 11:00
Apple was fined €500m today and Meta €200m, as European Union antitrust regulators handed out the first sanctions under landmark legislation aimed at curbing the power of Big Tech.

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