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Updated: 23 min 12 sec ago

Anthropic's Claude AI tool now available in Ireland

Wed, 05/15/2024 - 09:07
Artificial intelligence company Anthropic has announced that its AI tool "Claude" is now available to users in Ireland and across Europe.

Amazon Web Services plans $8.4bn investment in Germany

Wed, 05/15/2024 - 08:50
Amazon Web Services said today it plans to invest €7.8 billion in Germany up to 2040 as it builds a cloud computing infrastructure specifically for Europe.

Alphabet debuts beefed-up AI search and chatbot

Wed, 05/15/2024 - 08:43
Google parent Alphabet has showed how it is building on artificial intelligence across its businesses, including a beefed-up Gemini chatbot and improvements to its prized search engine as it races to compete with AI rivals.

Commerzbank posts better-than-expected 29% rise in profit

Wed, 05/15/2024 - 08:27
Germany's Commerzbank has today a better-than-expected 29% rise in first-quarter net profit, its strongest quarterly profit in a decade, and raised its outlook for net interest income for the full year.

Hapag-Lloyd posts 84% drop in first quarter profits

Wed, 05/15/2024 - 08:21
German container firm Hapag-Lloyd has today posted an 84% drop in first-quarter net profit but raised the lower end of its 2024 outlook amid rising demand and freight rates.

Re-turn scheme has had small impact on volumes - Britvic

Wed, 05/15/2024 - 08:13
Soft drinks company Britvic has reported higher profits and revenues for the six months to the end of March and said it was confident of continued sustainable growth.

Burberry's profit slumps 34% as luxury demand slows

Wed, 05/15/2024 - 07:41
Burberry has today reported a 34% drop in annual operating profit after it faced the challenge of repositioning its brand to take it more upmarket against a backdrop of slowing luxury demand.

Tesco CEO's annual pay package doubles to £10m

Wed, 05/15/2024 - 07:28
The chief executive of Tesco saw his pay package more than double to almost £10m in its 2023/24 financial year, a period when millions of its customers battled a cost of living crisis.

PTSB cuts mortgage rates for the third time this year

Wed, 05/15/2024 - 07:09
PTSB has announced cuts to its standard three-year fixed-rate mortgage product for new and existing customers of up to 1.05%.

400 jobs to be created at Primeline Group in Meath

Wed, 05/15/2024 - 06:24
Logistics company Primeline Group has announced 400 jobs across a range of disciplines, with the opening of a €50 million distribution hub in Ashbourne, Co Meath.

Two thirds of people in Ireland do not have a formal will

Wed, 05/15/2024 - 05:00
Two-thirds of people in Ireland do not have a formal will in place, new research shows.

Credit Unions top reputation ranking, RTÉ falls sharply

Wed, 05/15/2024 - 05:00
The Credit Union are regarded by the public as the most reputable organisation in the country, according to the RepTrak report.

US says Boeing can be prosecuted for 737 MAX crashes

Wed, 05/15/2024 - 03:30
The US Justice Department said Boeing can be prosecuted for two subsequent 737 Max crashes that killed 346 people approximately five years ago.

Renewed push for rooftop solar on farm sheds

Wed, 05/15/2024 - 00:01
Two years ago tillage and livestock farmer George Byrne from Co Carlow decided to invest in solar panels.

Retail, hospitality SMEs to get grants of up to €5,000

Wed, 05/15/2024 - 00:01
Small and medium businesses in the retail and hospitality sectors are to receive grants of up to €5,000 under a new round of the Increased Cost of Business scheme worth €66 million.

Cabinet approves new support measures for businesses

Tue, 05/14/2024 - 18:30
The Cabinet has approved a package of measures aimed at providing additional support to small and medium sized enterprises facing rising costs.

Pre-tax losses at Carton House hotel double to €2.55m

Tue, 05/14/2024 - 18:13
Pre-tax losses at the five star Carton House hotel resort in Co Kildare last year more than doubled to €2.55m due to increased costs.

South Korea agrees to open market to Irish beef

Tue, 05/14/2024 - 18:00
South Korea has agreed to open its market to Irish beef for the first time.

Dublin PR firm enjoys record revenues of almost €12m

Tue, 05/14/2024 - 17:42
The Dublin headquartered PR firm led by former Irish Independent journalist, Karl Brophy enjoyed record revenues of just under €12m last year.

300 jobs to go at BT call centre in Enniskillen

Tue, 05/14/2024 - 16:06
Three hundred jobs are to go in Enniskillen, Co Fermanagh with the closure of a call centre by a telecoms company.