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Updated: 1 hour 6 min ago

Alphabet hits near three-month high on new AI updates

Thu, 05/22/2025 - 17:09
Alphabet shares jumped 4% today, rising for a second straight day, as investors cheered the Google parent's artificial intelligence updates including the rolling out of "AI Mode" to all its US users.

O'Sullivan new CEO of Arrabawn Tipperary Co-op Society

Thu, 05/22/2025 - 17:00
Arrabawn Tipperary Co-Operative Society has announced dairy processing executive Eamon O'Sullivan as its new CEO.

Revenues and profits fall at Cotter-led Park Developments

Thu, 05/22/2025 - 15:58
Directors at Michael Cotter's Park Developments have blamed industry wide challenges of a lack of zoned land, planning delays and lack of investment in public infrastructure for revenues plummeting by €119.3m last year.

Worker has WRC claims thrown out after she turned up late

Thu, 05/22/2025 - 15:15
The Workplace Relations Commission has thrown out multiple employment rights claims by a worker at a community probation service because she turned up half an hour late for her hearing before an adjudication officer last month.

112 jobs at risk at Liberty Mutual Insurance

Thu, 05/22/2025 - 14:03
US company Liberty Mutual Insurance said it has entered a consultation period with 112 employees across the island of Ireland which may result in redundancies.

Storyful staff share bonus payments of €1.07m

Thu, 05/22/2025 - 13:54
Staff at the Rupert Murdoch-owned Dublin-headquartered social media intelligence and online news agency, Storyful have shared bonus payments of €1.07m over the past two years.

Lenovo posts quarterly profit far short of estimate

Thu, 05/22/2025 - 13:19
China's Lenovo, the world's largest personal computer manufacturer, said fourth-quarter profit plunged 64% - a result that was far worse than expected and one that sent its shares sharply lower.

Geoff Byrne named as new CEO of Tesco Ireland

Thu, 05/22/2025 - 13:04
Tesco has today announced changes to its management team in Ireland.

ECB's fight against inflation nearly over, accounts show

Thu, 05/22/2025 - 12:53
Euro zone inflation is nearly defeated and trade tensions could weigh on price in the short term, even if a trade way may be inflationary further out, ECB policymakers argued last month, according to the accounts of their April 16-17 meeting.

US House approves Trump's sweeping tax-cut bill

Thu, 05/22/2025 - 12:25
The Republican-led US House of Representatives has voted to approve President Donald Trump's sprawling tax relief and spending cuts mega-bill that critics warn would decimate health care while ballooning the debt.

Number of people in employment rises to 2.8 million - CSO

Thu, 05/22/2025 - 11:45
The estimated number of people in employment in the first quarter of 2025 stood at just under 2.8 million, up 3.3% compared with a year ago.

Fidelity National Information Services to create 100 jobs

Thu, 05/22/2025 - 11:39
Financial technology company Fidelity National Information Services has announced plans to create 100 jobs in Dublin over the next two years.

Euro zone May business activity surprisingly contracts

Thu, 05/22/2025 - 11:02
Euro zone business activity unexpectedly slipped back into contraction this month as the bloc's dominant services industry suffered a deeper downturn in demand, although manufacturing showed further signs of stabilisation, a survey showed.

Glenveagh Properties reiterates full year guidance

Thu, 05/22/2025 - 10:11
Home building Gleveagh Properties said today that progress in its Homebuilding segment is aligning firmly with expectations with 1,100 units are either sold, signed or reserved for 2025.

Report warns of risks to Irish role in aviation sector

Thu, 05/22/2025 - 09:21
A new report on the aviation industry here has warned that political inertia amid growing international competition jeopardises Ireland's position as a world-leading hub in aviation.

Pepco won't get 'major proceeds' from Poundland sale

Thu, 05/22/2025 - 08:47
European discount retailer Pepco Group will not receive major proceeds from any buyer of its struggling Poundland chain in Britain, its boss said today.

Nestle to refocus on core business, CEO says

Thu, 05/22/2025 - 08:22
Swiss food giant Nestle is refocusing on the group's core business after straying into segments like health supplements that "weakened the fabric of the organisation," CEO Laurent Freixe was quoted as saying in the Financial Times today.

Bank of Ireland raises its home building target

Thu, 05/22/2025 - 08:01
Bank of Ireland Group is aiming to support the construction of 30,000 homes across Ireland through debt and equity finance as it increases its target for the funding of home building.

SMBC proceeds from Russian settlements hit $1.4 billion

Thu, 05/22/2025 - 07:38
Irish-headquartered aircraft lessor SMBC Aviation Capital said today it has booked a further $654m in proceeds from insurance settlements over the past year related to jets stranded in Russia following Western sanctions.

UK public finances show bigger than expected deficit

Thu, 05/22/2025 - 07:32
Britain's government kicked off the 2025/26 financial year in April by again borrowing more than expected, suggesting no let-up in the pressure on the public finances and finance minister Rachel Reeves ahead of a major review of spending.

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