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US judge rejects J&J's $10 billion baby powder settlement

Tue, 04/01/2025 - 08:25
A US bankruptcy judge has rejected Johnson & Johnson's $10 billion proposal to end thousands of lawsuits alleging that its baby powder and other talc products cause ovarian cancer, marking the third time the company's bankruptcy strategy has failed in court.

Australia's central bank holds rates steady

Tue, 04/01/2025 - 08:11
Australia's central bank has today left its cash rate steady as widely expected but took a small step towards further easing in a policy meeting dominated by risks of a global trade war.

Gold prices rise to near record high as US tariffs loom

Tue, 04/01/2025 - 07:48
The price of gold has been rising on global markets to near record highs.

US restaurant chain Hooters files for bankruptcy

Tue, 04/01/2025 - 07:41
Restaurant chain Hooters of America has filed for bankruptcy in Texas, seeking to address its $376m debt by selling all of its company-owned restaurants to a franchise group backed by the company's founders.

Fraudsters try to make every day April Fool's Day - BoI

Tue, 04/01/2025 - 07:34
Bank of Ireland is today warning customers that fraudsters do not just try to fool you for one day, they are always active.

Lufthansa says no decline in US bookings yet

Tue, 04/01/2025 - 07:20
German airline Lufthansa has not experienced a decline in bookings to and from the US despite a stricter border policy under President Donald Trump, its finance chief said.

Manufacturing growth slows slightly in March, PMI shows

Tue, 04/01/2025 - 07:12
Growth in the country's manufacturing sector slowed slightly in March, with concerns over global economic uncertainty and US trade tariffs tempering business optimism, a survey showed today.

Irish businesses weigh up potential threat of US tariffs

Tue, 04/01/2025 - 06:00
The owners of Bevcraft, a company which specialises in craft can packaging for the beverage sector, have been weighing up the potential threat of tariffs that look set to be introduced by US President Donald Trump.

Weavers seek special EU protection for Donegal Tweed

Tue, 04/01/2025 - 06:00
Weavers in the northwest have called for special protected EU status for Donegal Tweed to combat cheaper imitations from across the globe.

Pharma exports to US could halve if tariffs applied

Tue, 04/01/2025 - 06:00
Exports of pharmaceuticals and chemicals from Ireland to the US could decline by about half if the Trump administration applies a 20% tariff on the sector and the EU does the same, the Cabinet will be told today.

Low income households took on debt over cost of living

Tue, 04/01/2025 - 01:04
Most low income households had to make high-risk changes to their finances to cope with the cost of living crisis, according to the latest ESRI research.

Oil prices climb 2% to 5-week high

Mon, 03/31/2025 - 17:58
Oil prices climbed about 2% to a five-week high today on worries supplies could decline if US President Donald Trump follows through on threats to impose more tariffs on Russia and to possibly attack Iran.

Amazon, Nokia settle international patent dispute

Mon, 03/31/2025 - 17:14
Nokia announced today that it had settled a worldwide patent dispute with Amazon over the tech giant's alleged misuse of Nokia's streaming video technology in Prime Video and Twitch streaming services.

Manna Drone delivery service to expand to Cork

Mon, 03/31/2025 - 16:51
Drone delivery service, Manna is set to expand to Cork as new accounts show that the Dublin based firm's pre-tax losses in 2023 increased by 24.5% to €12.33m due to start-up costs.

Locals oppose Harry Crosbie's 'Baby Vicar' Dublin venue

Mon, 03/31/2025 - 16:48
Plans by Harry Crosbie for a new hotel and 200 seater 'Baby Vicar' entertainment venue for Dublin's docklands are facing local opposition.

State agrees to AIB's €1.2bn share buyback proposal

Mon, 03/31/2025 - 15:29
The State has agreed in principle to AIB's €1.2bn share buyback proposal.

Tesla deliveries likely fell as Musk backlash surges

Mon, 03/31/2025 - 14:12
Tesla investors are bracing for a drop in first-quarter vehicle deliveries as a backlash against CEO Elon Musk's politics exacerbates weakening demand for the electric vehicle maker's aging lineup.

German inflation falls pointing to ECB rate cut

Mon, 03/31/2025 - 13:45
German inflation fell more than expected in March, pointing to further policy easing by the European Central Bank.

Almost 60% of workers not on track to retire comfortably

Mon, 03/31/2025 - 13:36
Almost 60% of Irish workers feel they're not on track for a reasonable standard of living in retirement, a new survey shows.

Looming Trump tariff deadline sparks higher costs fears

Mon, 03/31/2025 - 12:56
European stocks dropped today and global markets wobbled as Donald Trump's tariff deadline looms.

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