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Manager wins €35k for discrimination, unfair dismissal

Tue, 04/23/2024 - 15:38
A nightclub manager who argued his redundancy was a "guise" to get rid of him after he had a triple heart bypass has won over €35,000 for disability discrimination and unfair dismissal.

Vanessa Hartley named new Head of Google Ireland

Tue, 04/23/2024 - 15:17
Google has announced the appointment of Vanessa Hartley as the new Head of Google Ireland.

Kerry revealed as best county for remote working - study

Tue, 04/23/2024 - 14:13
Kerry has been revealed as the best county in Ireland for working from home according to a new study.

Spotify profits up, but lower marketing hits user growth

Tue, 04/23/2024 - 13:35
Spotify's quarterly gross profit topped 1 billion euros for the first time after it reined in marketing spending, although that meant the music streaming giant missed its forecast for monthly active users.

Domestic economic outlook for 2024 revised lower

Tue, 04/23/2024 - 13:00
The Government has revised down slightly its projections for growth in the domestic economy this year, but still expects a moderate level of expansion in 2024 and beyond.

US sues to block Coach & Michael Kors handbag makers deal

Tue, 04/23/2024 - 12:54
The US Federal Trade Commission has sued to block Coach parent Tapestry's $8.5 billion deal to buy Michael Kors owner Capri, saying it would eliminate "direct head-to-head competition" between the flagship brands of the two luxury handbag makers.

Ministers warn Cabinet colleagues to rein in spending

Tue, 04/23/2024 - 12:34
The Cabinet has been warned by the Ministers of Finance and Public Expenditure that spending must be reined in as it is already well ahead of where it was this time last year.

General Motors beats Q1 results targets, raises forecasts

Tue, 04/23/2024 - 12:03
General Motors has today posted quarterly results that topped Wall Street targets and raised its annual forecast, citing stable pricing and demand for its gas-engine vehicles, sending shares up 3.45% in pre-market trading.

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.

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