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Stellantis expects return to financial health in 2025

Wed, 02/26/2025 - 08:01
Car maker Stellantis said today it would return to revenue growth and positive cash generation in 2025 as it scrambles to recover from a crisis which engulfed its US business late last year and knocked its share price.

AB InBev's profits jump despite slower China beer sales

Wed, 02/26/2025 - 07:54
Beer giant Anheuser-Busch InBev has today reported fourth-quarter operating profit that was well ahead of analyst forecasts, even as a slowdown in the Chinese beer market dragged volumes down.

US firms keep positive view of Ireland despite tariffs

Wed, 02/26/2025 - 07:49
A survey of US companies that are members of the American Chamber of Commerce Ireland shows that 80% of respondents said they would continue to have a positive view of Ireland as an investment location if tariffs were imposed by the US on the EU.

Food group Danone confident after strong 2024 sales

Wed, 02/26/2025 - 07:33
Danone said today that it was starting the next leg of its revival plan with confidence after it delivered 2024 sales and cash above analysts' expectations.

Glanbia to sell SlimFast as part of cost-cutting drive

Wed, 02/26/2025 - 07:26
Shares in global nutrition group Glanbia slumped in Dublin trade today after it said it plans to sell its underperforming US weight management brand SlimFast as part of a wider plan targeting annual cost savings of at least $50m by 2027.

Over 2,300 applications for 46 discounted apartments

Wed, 02/26/2025 - 00:02
There have been more than 2,300 applications for 46 apartments that are being offered at discounted rents at Google's Bolands Mills Quarter in Dublin.

Suretank to create 80 new jobs in Louth

Wed, 02/26/2025 - 00:01
Tank manufacturer Suretank has announced the creation of 80 new jobs Co Louth.

Suretank to create 80 new jobs in Louth

Wed, 02/26/2025 - 00:01
Tank manufacturer Suretank has announced the creation of 80 new jobs Co Louth.

CCPS calls for buyers to get free access to car-history

Wed, 02/26/2025 - 00:00
The Competition and Consumer Protection Commission has launched a report calling for an online portal that would see used car buyers given free access to car-history information, including write-off status and mileage readings.

Ukraine agrees terms of minerals deal with US - officials

Tue, 02/25/2025 - 19:58
Ukraine has agreed on the terms of a minerals deal with the United States and could sign it on Friday, a Ukrainian official said, in a move Ukraine hopes will lay the ground for future security guarantees from the US.

Bitcoin drops below $90,000 on global jitters

Tue, 02/25/2025 - 18:04
Bitcoin dropped below $90,000 to its lowest since November 18 today, as market nerves over US tariffs reinforced the blow to crypto investor confidence from last week's $1.5 billion hack of ether from the Bybit exchange.

Apple investors reject proposal against diversity policy

Tue, 02/25/2025 - 17:29
Apple shareholders rejected an outside investor proposal against its diversity, equity and inclusion policies at an annual meeting today, handing a major victory to the tech giant as opposition against such efforts gains traction in the US.

Pre-tax profits at BT's main Irish arm fall 4% to €42.7m

Tue, 02/25/2025 - 17:22
Pre-tax profits at BT's main Irish arm last year declined by 4% to €42.7m.

Tesla shares slump 9% on disappointing Europe sales

Tue, 02/25/2025 - 17:12
Shares of the US electric vehicle pioneer Tesla slumped nine percent today, as investors digested disappointing European sales and chief executive Elon Musk's aggressive foray into politics.

What is NAMA and Project Eagle?

Tue, 02/25/2025 - 16:50
Why was the National Assets Management Agency set up and what was its purpose?

Investigation criticises NAMA's sale of assets in NI

Tue, 02/25/2025 - 16:35
A Commission of Investigation appointed to examine the sale of assets in Northern Ireland by the State's National Assets Management Agency found the strategy "was appropriate in the circumstances", but has raised issues regarding the agency's handling of conflicts of interest.

Unilever ditches CEO Schumacher in surprise move

Tue, 02/25/2025 - 16:32
Unilever surprised investors today by ousting chief executive Hein Schumacher and replacing him with finance chief Fernando Fernandez, who will take over the tough task of reviving the consumer group's performance.

Oil prices fall 2% to 2-month low on US tariff worries

Tue, 02/25/2025 - 16:14
Oil prices fell more than 2% to a two-month low today on negative economic news from the US and Germany, driven in part by worries about US President Donald Trump's push for trade tariffs.

US consumer confidence deteriorates sharply

Tue, 02/25/2025 - 15:58
US consumer confidence deteriorated at its sharpest pace in three and a half years in February, with 12-month inflation expectations surging amid worries that tariffs on imports would raise prices for households.

Council gives green light to €75m Goatstown scheme

Tue, 02/25/2025 - 15:49
Dún Laoghaire-Rathdown County Council has given the green light for a €75 million 150 unit scheme for Mount Anville Rd in Goatstown despite local opposition.

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