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Updated: 1 hour 57 min ago

PepsiCo beats quarterly revenue estimates on price hikes

Tue, 04/23/2024 - 11:31
PepsiCo has today beaten Wall Street expectations for first-quarter revenue as demand held steady for the drinks and snacks giant's Tropicana juices and Cheetos in its international markets.

Next generation mobile tipping solution from JUSTTIP

Tue, 04/23/2024 - 11:10
Dublin-headquartered JUSTTIP has introduced its JUSTTIP Flex product, a new mobile tipping solution developed for restaurants, pubs and hotels offering table service.

Verdane buy major stake in Dublin-based Corlytics

Tue, 04/23/2024 - 10:47
The Bank of Ireland Kernel Capital Growth Fund has sold the majority of its interest in portfolio company Corlytics to Verdane, a Norwegian private equity firm, for an undisclosed sum.

ECB should be 'very cautious' about post-June rate cuts

Tue, 04/23/2024 - 10:26
The European Central Bank will cut interest rates in June but needs to be very cautious about subsequent moves and take into account signals from the US Federal Reserves, ECB Vice President Luis de Guindos said in a newspaper interview today.

Euro zone business in services-led bounce in April

Tue, 04/23/2024 - 10:19
Overall business activity in the euro zone expanded at its fastest pace in nearly a year this month as a buoyant recovery in the bloc's dominant service industry more than offset a deeper downturn in manufacturing, a survey found.

Tesla expected to publish weak Q1 results

Tue, 04/23/2024 - 09:31
Tesla is set to publish its latest quarterly results this evening, with markets braced for its worst performance in seven years.

Security firm Action24 secures €3m in new funding

Tue, 04/23/2024 - 09:19
Dublin-based security business Action24 has closed a second significant funding round which has raised €3m.

London's FTSE 100 index hits new record high

Tue, 04/23/2024 - 08:10
London's blue-chip FTSE 100 index hit a record high this morning, following last week's sharp selloff, as fears of the Middle East crisis escalating eased and investors looked ahead to top US earnings later in the week.

Taylor Wimpey reaffirms 2024 outlook as sales rate grows

Tue, 04/23/2024 - 08:03
British housebuilder Taylor Wimpey has posted a rise in its sales rate during the key spring selling season and reiterated its annual outlook, even as affordability concerns and economic woes dent near-term recovery hopes in the sector.

Renault's first quarter sales lifted by financing arm

Tue, 04/23/2024 - 07:45
French automaker Renault has today posted a 1.8% rise in first-quarter revenue, with high interest rates lifting sales at its financing arm, and reiterated its profit margin and cash flow forecast for 2024 as it pushes ahead with cost cuts.

Finnair swings to Q1 loss due to Finnish strikes

Tue, 04/23/2024 - 07:37
Finnair has today swung to a bigger-than-expected first-quarter comparable operating loss and cut its full-year revenue outlook after weeks of strikes across Finland grounded flights and disrupted the national carrier's operations.

Novartis lifts guidance after Q1 results beat forecasts

Tue, 04/23/2024 - 07:26
Swiss drugmaker Novartis has today raised its full-year guidance after reporting better-than-expected first-quarter results.

JD Sports to buy US rival Hibbett for $1.08 billion

Tue, 04/23/2024 - 07:18
JD Sports Fashion has proposed to buy American athletic fashion retailer Hibbett for about $1.08 billion, the companies said today, as Britain's biggest sportswear retailer looks to expand across the southeastern US.

Penneys owner eyes significant growth in full-year profit

Tue, 04/23/2024 - 07:13
Penneys/Primark owner Associated British Foods has today forecast "significant growth" in full-year profit after reporting a 39% jump in the first half that was driven by an improved performance at its Primark fashion retail stores.

Just a third of SMEs have applied for Govt's costs grant

Tue, 04/23/2024 - 05:00
Just a third of businesses across the country that are expected to apply for the Government scheme designed to help firms with rising costs have done so.

Double-digit growth in price of farmland in 2023 - report

Tue, 04/23/2024 - 00:01
The most expensive average price for farmland in the country last year was in Co Waterford, where the best quality land cost €20,000 per acre, a new report has shown.

MEPs to vote on banning products made using forced labour

Tue, 04/23/2024 - 00:01
The European Parliament is expected to approve new measures to ban the sale, import and export of goods made using forced labour.

MEPs to vote on banning products made using forced labour

Tue, 04/23/2024 - 00:01
The European Parliament is expected to approve new measures to ban the sale, import and export of goods made using forced labour.

E-car prices need to halve to win over mass market - ECA

Tue, 04/23/2024 - 00:01
The European Court of Auditors has said that electric car prices would need to halve to ensure they are adopted by the mass market.

Meath couple have €2.65m debt written off under PIA

Mon, 04/22/2024 - 18:06
The High Court has approved a Personal Insolvency Arrangement allowing a Co Meath couple to write off over €2.65m of debt owed to mainly financial funds.