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Euro zone business growth stalls in April, PMI shows

Wed, 04/23/2025 - 10:40
Euro zone business growth has stalled this month, a survey showed today, with activity in the bloc's dominant services industry contracting and the prolonged downturn in manufacturing continuing.

Revenues and profits increase at Cork's Carbery Group

Wed, 04/23/2025 - 10:18
Carbery Group, the West Cork based ingredients, flavours, and cheese producer, has reported higher revenues and operating profits for the year to the end of December.

Does Trump have the authority to fire Powell?

Wed, 04/23/2025 - 09:43
US President Donald Trump has said he has no intention of firing Federal Reserve Chair Jerome Powell - a stark change which comes just days after President Trump intensified his criticism of Mr Powell.

Does workplace surveillance hurt us more than help us?

Wed, 04/23/2025 - 09:32
Data indicates employee activity is increasing, but many organisations can't shake the 'productivity paranoia'

Truck maker Volvo cuts North America market outlook

Wed, 04/23/2025 - 09:19
Truck maker Volvo has reported a bigger-than-expected fall in first-quarter profit and lowered its North America lorry market outlook, pointing to increased uncertainty around tariffs and their impact on global trade.

Heathrow makes first dividend payment in five years

Wed, 04/23/2025 - 08:40
Heathrow airport has made dividend payments to shareholders for the first time in five years.

SAP shares jump on first-quarter profit beat

Wed, 04/23/2025 - 08:26
Shares in SAP, Europe's largest software maker, surged 8.5% today after the German company exceeded first-quarter profit forecasts, benefiting from cost cuts and defying business uncertainty from US tariffs.

Wind farms provided 38% of Ireland's electricity in Q1

Wed, 04/23/2025 - 08:18
Wind farms provided 38% of the country's electricity in first three months of 2025, according to a report by Wind Energy Ireland.

Intel says job cut reports are 'rumour and speculation'

Wed, 04/23/2025 - 08:00
Intel Ireland has said it is not commenting on media reports that the company is to slash more than 20% of its global workforce, with a spokesperson calling the reports "rumour and speculation".

Intel set to cut over 20% of workforce - Bloomberg News

Wed, 04/23/2025 - 08:00
Intel is set to unveil plans this week to slash more than 20% of its workforce, in a move to streamline operations and reduce bureaucratic inefficiencies, Bloomberg News has reported, citing a person familiar with the matter.

Reckitt misses Q1 like-for-like sales estimates

Wed, 04/23/2025 - 07:42
Reckitt, the maker of Dettol and Lysol cleaning products, has today missed first-quarter like-for-like net sales growth estimates, as fewer people bought its products in Europe and North America.

Britain posts bigger than expected budget deficit

Wed, 04/23/2025 - 07:39
Britain's government borrowed almost £15 billion more in the financial year that just ended than official budget forecasters had estimated a month ago, according to data that heaped more pressure on the public finances.

Trump says he has no plans to fire Fed's Powell

Wed, 04/23/2025 - 07:32
US President Donald Trump has backed off from threats to fire Federal Reserve Chair Jerome Powell after days of intensifying criticisms of the central bank chief for not cutting interest rates.

Strong Chinese demand helps Danone beat sales forecasts

Wed, 04/23/2025 - 07:17
Danone beat first-quarter sales expectations today, as strong demand in China for infant milk formula and medical nutrition products outpaced weakness in coffee creamers in a competitive US market.

Musk, facing falling Tesla sales, to cut back DOGE work

Wed, 04/23/2025 - 07:10
Tesla CEO Elon Musk said he would cut back significantly the time he devotes to the Trump administration from next month and spend more time running his many companies.

Donohoe to visit Washington for IMF, World Bank meetings

Wed, 04/23/2025 - 00:01
Minister for Finance Paschal Donohoe is to travel to Washington DC for the 2025 Spring Meetings of the International Monetary Fund and World Bank.

Donohoe to visit Washington for IMF, World Bank meetings

Wed, 04/23/2025 - 00:01
Minister for Finance Paschal Donohoe is to travel to Washington DC for the 2025 Spring Meetings of the International Monetary Fund (IMF) and World Bank.

Further €360m returned to the State by IBRC liquidators

Tue, 04/22/2025 - 19:39
A further €360 million has been returned to the State by the Special Liquidators of the Irish Bank Resolution Corporation, the entity tasked with winding down Anglo Irish Bank and Irish Nationwide Building Society.

Marks & Spencer issues apology over 'cyber incident'

Tue, 04/22/2025 - 19:15
Marks & Spencer has apologised after its stores were impacted by a "cyber incident" in recent days.

Boeing to sell Jeppesen unit to Thoma Bravo for $10.55bn

Tue, 04/22/2025 - 14:29
Boeing said today it would sell portions of its Digital Aviation Solutions business, including navigation unit Jeppesen, to private equity firm Thoma Bravo for $10.55 billion.

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