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Updated: 2 hours 53 min ago

CATL records strong Hong Kong debut

Tue, 05/20/2025 - 12:45
Shares in CATL closed 16% higher on their Hong Kong debut today after the Chinese electric vehicle battery giant raised $4.6 billion in the world's largest listing this year, boosting prospects for equity sales by Chinese companies.

Seafood economy worth €1.24 billion in 2024

Tue, 05/20/2025 - 12:25
A Bord Iascaigh Mhara (BIM) report has found the value of Ireland's seafood economy increased to €1.24 billion last year, an increase of four percent compared to 2023.

ECB's Knot says inflation picture for June still unclear

Tue, 05/20/2025 - 12:04
ECB policymakers will need to get a clearer picture of the effects of US and EU trade policies on inflation before they can decide whether interest rates need to be cut in June, ECB governing council member Klaas Knot said.

€8m allocated to Ireland West, Kerry and Donegal airports

Tue, 05/20/2025 - 12:00
Almost €8m in Exchequer funding has been allocated to three regional airports under the Regional Airports Programme 2021-2025.

Euro zone current account surplus jumps in March

Tue, 05/20/2025 - 11:33
The euro zone's current account surplus surged in March on higher goods exports, potentially linked to efforts by US firms to ramp up imports before tariffs kicked in, data from the European Central Bank showed today.

Gas produced 42% of the country's power in April

Tue, 05/20/2025 - 11:10
New figures show that overall gas demand fell by 12% in April compared to March, but gas continued to play a central role in electricity generation and produced 42% of the country's power.

MentorsWork invests €6.5m to support SMEs since 2020

Tue, 05/20/2025 - 10:19
MentorsWork, an initiative of Skillnet Ireland in partnership with the Small Firms Association (SFA), celebrates its five-year anniversary this week.

G7 finance leaders meet with Ukraine, tariffs in focus

Tue, 05/20/2025 - 10:07
Top finance leaders from the G7 nations are gathering in Canada today, with concerns including war in Ukraine at the fore while the advanced economies grapple with fallout from US President Donald Trump's sweeping tariffs.

School secretaries balloted for strike action

Tue, 05/20/2025 - 09:49
The Fórsa trade union has commenced a ballot of school secretaries for indefinite strike action in a dispute over pensions.

Intel explores sale of networking and edge unit: sources

Tue, 05/20/2025 - 09:31
Intel has considered divesting its network and edge businesses as the chipmaker looks to shave off parts of the company its new chief executive does not see as crucial, three sources familiar with the matter said.

Bord Bia names Regional Manager for Asia, Africa and ME

Tue, 05/20/2025 - 09:09
Bord Bia has appointed Fiona O'Shaughnessy as its Regional Manager for Asia, Africa and the Middle East.

Microsoft to offer rival AI models from own data centre

Tue, 05/20/2025 - 08:58
Microsoft is to offer new AI models made by Elon Musk's xAI, Meta Platforms and European startups Mistral and Black Forest Labs hosted in its own data centres, and unveiled a new artificial-intelligence tool designed to complete software coding tasks on its own.

14% of food suppliers faced unfair trading: survey

Tue, 05/20/2025 - 08:46
One in seven agri-food suppliers has faced unfair trading practices by a buyer or retailer, according to a new survey by An Rialálaí Agraibhia, the Agri-Food Regulator.

Vodafone says Germany will return to growth this year

Tue, 05/20/2025 - 08:24
Mobile and broadband provider Vodafone said it expected to return to revenue growth in Germany, its largest market, this year, driving an increase in cash flow after it said it met expectations for the year ending in March today.

Atm and Alstom bid for Luas maintenance contract

Tue, 05/20/2025 - 08:21
France's Alstom and Italy's Atm Group (Azienda Trasporti Milanesi) have announced a strategic joint venture to bid for the upcoming renewal of the Luas Operations and Maintenance (O&M) contract in Dublin.

Ryanair asks some Spanish staff to pay back a 2024 raise

Tue, 05/20/2025 - 07:56
Ryanair has asked some of its flight attendants in Spain to pay back thousands of euros in raises they have received since last year as part of a union deal later struck down in court, documents seen by Reuters showed.

Honda to scale back on EVs, concentrate on hybrids

Tue, 05/20/2025 - 07:44
Honda Motor said today that it was scaling back its investment in electric vehicles given slowing demand and would be focusing on capturing growing demand for hybrids with new models.

China's central bank cuts two key rates to historic lows

Tue, 05/20/2025 - 07:32
China's central bank has today cut two key interest rates to historic lows, as Beijing battles to stimulate its economy amid seesaw trade tensions with the US.

Greggs' sales growth picks-up in first half of year

Tue, 05/20/2025 - 07:18
UK baker and fast food chain Greggs has today reported improving sales growth as its first half progressed, helped by better trading conditions, and said it was sticking to forecasts for the full year.

Australia central bank cuts rates to 2-year low of 3.85%

Tue, 05/20/2025 - 07:14
Australia's central bank has today cut its main cash rate by 25 basis points to a two-year low of 3.85% citing a darker global outlook and cooling inflation at home, though it also remained cautious on further easing.

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