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PwC Australia may lose $1m government audit contract

Tue, 05/30/2023 - 11:49
Australia's tax office foiled several attempts by multinational firms to subvert new tax avoidance laws months after confidential drafts were leaked by a then-PricewaterhouseCoopers (PwC) Australia partner, a spokesperson told a parliamentary hearing today.

Oil down 2% on US debt deal struggles, OPEC uncertainty

Tue, 05/30/2023 - 11:31
Oil prices fell by nearly 2% today as concerns about the US debt ceiling pact cooled the market's risk-on sentiment and mixed messages from major producers clouded the supply outlook ahead of their meeting this weekend.

Aryzta's third quarter revenues rise by 23%

Tue, 05/30/2023 - 11:12
Cuisine de France owner Aryzta has reported a 23% increase in third quarter revenues despite continued inflation pressures.

ECB warns of hit to top European banks

Tue, 05/30/2023 - 10:25
The euro zone's top banks may take a hit if their financial clients, such as funds, insurers and clearing houses, withdrew their deposits or otherwise ran into trouble, the European Central Bank has warned.

Euro zone lending growth slows again in April

Tue, 05/30/2023 - 09:47
Bank lending to euro zone companies and households slowed again in April, continuing the steady decline since last autumn as the economy stagnated and rapid rate hikes dented demand for credit.

Glenilen Farm launches new yoghurt pouches

Tue, 05/30/2023 - 09:07
West Cork food producer Glenilen Farm has become the first Irish-owned company to introduce yoghurt pouches to the market.

Workers lose out on tax allowances due to anomalies

Tue, 05/30/2023 - 08:34
Taxback has called on Revenue to address the "bizarre" anomalies in the flat-rate expense allowances so that all workers get their fair dues.

CD Projekt is not for sale, says CEO

Tue, 05/30/2023 - 07:52
Polish games developer CD Projekt is not for sale, its CEO has reiterated, following weekend rumours that the maker of "Cyberpunk 2077" could be targeted by Sony.

Greencore expects 2023 results in line with forecasts

Tue, 05/30/2023 - 07:42
Convenience food group Greencore has reported higher revenues for the six months to the end of March, but also reported a loss before tax for the six month period.

UK supermarket Asda to buy EG Group

Tue, 05/30/2023 - 07:23
British supermarket group Asda said today it would acquire petrol station operator EG Group's UK and Ireland business to create a company with combined revenues of nearly £30 billion.

30 new tech jobs to be created in Dublin by BNY Mellon

Tue, 05/30/2023 - 07:00
At least 30 new jobs are to be created in Dublin by US bank, BNY Mellon, which is investing €8m.

Revolut corporate users to get Irish IBANs for accounts

Tue, 05/30/2023 - 05:00
Business users of Revolut are to get local Irish based International Bank Account Numbers (IBANs), in a move that should make it easier for them to make payments via direct debit.

Govt paid businesses €30m per week to house Ukrainians

Tue, 05/30/2023 - 01:21
The Department of Integration says it has recently paid €30m per week to businesses facing financial difficulty while providing accommodation to people from Ukraine.

Engineering roles among hardest to fill jobs - report

Tue, 05/30/2023 - 00:00
Engineering and construction related jobs are some of the hardest positions for employers to fill, according to a new report from hiring platform Indeed.

Further pay increases agreed for An Post workers

Mon, 05/29/2023 - 20:27
The Communications Workers' Union said it has concluded an agreement with An Post that will deliver further pay increases for staff.

daa to lodge plans for expanded US pre-clearance

Mon, 05/29/2023 - 16:35
The operator of Dublin airport is to lodge plans in the coming days for an expansion of its existing US Customs Pre-Clearance and Border Protection facility (CBP) to cater for increasing numbers of US-bound passengers.

ComReg staff share bonus payments of €1.06m in 2022

Mon, 05/29/2023 - 15:12
Staff at the State-owned communications regulator ComReg last year shared bonus payments of €1.067m, according to the 2022 annual report for the Commission for Communications Regulation (ComReg).

Nvidia to build Israeli supercomputer as AI demand up

Mon, 05/29/2023 - 15:02
Nvidia said today it was building Israel's most powerful artificial intelligence (AI) supercomputer to meet soaring customer demand for AI applications.

What is the US debt ceiling?

Mon, 05/29/2023 - 14:43
The US is rapidly approaching the deadline for Congress to pass a deal to suspend the government's $31.4 trillion debt ceiling or risk a catastrophic default.

Cork food chain Noodlee to create up to 200 jobs

Mon, 05/29/2023 - 14:15
A Chinese food chain in Cork is to create up to 200 new jobs through the opening of 15 new stores.