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H&M's first-quarter sales weaker than expected

Thu, 03/27/2025 - 07:19
Swedish fast-fashion retailer H&M has today reported weaker than expected sales for its first quarter on and said sales were up 1% so far in March, in a sign of a slow start to its spring and summer season.

Next reports over £1 billion profit for first time

Thu, 03/27/2025 - 07:12
Clothing retailer Next has today reported a 10.1% rise in annual profit, making in excess of £1 billion for the first time.

Is Ireland really running a 'tax scam'?

Thu, 03/27/2025 - 07:10
International co-operation to close the loopholes and exceptions facilitating corporate tax avoidance has reached unprecedented levels

Trump threatens higher tariffs if Canada, EU 'harm' US

Thu, 03/27/2025 - 06:39
US President Donald Trump has said that larger tariffs could be placed on the European Union and Canada if they both work together "to do economic harm to the USA."

ESRI says 'clear need' for reform of rent controls

Thu, 03/27/2025 - 05:00
The Economic and Social Research Institute has said there is a "clear need" for reform of rent controls.

Revolut launches joint savings accounts

Thu, 03/27/2025 - 05:00
Revolut has launched a new feature for its customers - joint savings accounts.

Trump pushes ahead with auto tariffs, inflaming trade war

Wed, 03/26/2025 - 23:56
US President Donald Trump unveiled a 25% tariff on imported cars and light trucks starting next week, widening the global trade war he kicked off upon regaining the White House this year in a move auto industry experts expect will drive up prices and stymie production.

Trump to impose 25% tariff on all vehicles not made in US

Wed, 03/26/2025 - 21:28
US President Donald Trump has announced that he will impose a 25% tariff on all vehicles not made in the United States starting from next week.

Tech firm to pay €64k in withheld commission to salesman

Wed, 03/26/2025 - 17:23
Financial technology consultancy Bankhawk has been ordered to pay €64,000 in commission it withheld from a salesman as "leverage" to get him to sign a non-disclosure agreement after failing to retain the original.

Italy hands tax demands to Meta, X and LinkedIn

Wed, 03/26/2025 - 16:54
Italy has handed tax demands to Meta, X and LinkedIn in the last formal step in an unprecedented VAT claim against the US tech giants that could have repercussions across the European Union, four sources with direct knowledge of the matter said today.

Tesla to start sales in Saudi Arabia next month

Wed, 03/26/2025 - 16:48
Tesla will start sales in Saudi Arabia next month, the electric carmaker said on its website, signalling CEO Elon Musk and the kingdom have healed a rift that dates back to the billionaire's short-lived bid in 2018 to take the company private.

PTSB reducing interest rates for savers

Wed, 03/26/2025 - 14:42
PTSB is reducing the interest rates for savers on new personal and business fixed-term variable deposit accounts by 0.5%.

Reeves' Spring statement at a glance

Wed, 03/26/2025 - 13:45
Rachel Reeves has used her spring statement to announce a series of public spending cuts in order to balance the books without raising taxes.

Dollar Tree offloads Family Dollar chain for $ 1 billion

Wed, 03/26/2025 - 13:37
Dollar Tree said today that a consortium of private-equity investors will buy its Family Dollar business for about $1 billion, bringing an end to its nearly year-long search for potential buyers for the troubled discount-store chain.

Web Summit case further delayed in High Court

Wed, 03/26/2025 - 12:43
The Web Summit case has been further delayed at the High Court after an adjournment yesterday to allow time for settlement talks.

DPP solicitor says he was denied cases over drink problem

Wed, 03/26/2025 - 12:32
A solicitor at the office of the Director of Public Prosecutions has alleged he is being discriminated against by being denied the opportunity to prepare a murder case for the State because he is a recovering alcoholic.

Morrisons' quarterly sales hit £4 billion mark

Wed, 03/26/2025 - 11:58
UK supermarket group Morrisons said today its sales jumped to £4 billion in its most recent quarter, days after it said hundreds of its staff are facing redundancy.

UK annual house price growth accelerates in January - ONS

Wed, 03/26/2025 - 10:55
Annual UK house price growth accelerated to reach 4.9% in the year to January 2025, according to Office for National Statistics (ONS) figures.

Porsche SE says looking to diversify investments

Wed, 03/26/2025 - 10:31
Porsche SE, Volkswagen's largest shareholder, plans to expand its investments and diversify its holdings, it said today, after reporting a €20 billion after-tax loss because of impairments on its holding of Europe's top carmaker.

Reeves prepares for tough UK budget update

Wed, 03/26/2025 - 10:11
British finance minister Rachel Reeves is expected to announce cuts to her spending plans today in a bid to reassure investors that she can be trusted to fix the public finances as growth falters.

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