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EU vets IAG rivals' ability to take on Air Europa routes

Tue, 06/18/2024 - 07:03
EU antitrust regulators are asking whether rivals proposed by Aer Lingus and British Airways owner IAG to take over some of Spanish airline Air Europa's routes are capable of operating them and competing with IAG, people familiar with the matter have said.

Central Bank lowers growth forecast for domestic economy

Tue, 06/18/2024 - 06:53
The Central Bank has reduced its forecasts for economic growth this year.

CÚRAM delivers 12-fold return on government investment

Tue, 06/18/2024 - 05:00
An economic report on CÚRAM, the Science Foundation Ireland research centre for medical devices, puts its value to the economy at €756 million.

Fórsa welcomes President's comments over library protests

Mon, 06/17/2024 - 16:52
The trade union representing library staff has welcomed comments made by the President Michael D Higgins over protests at public libraries.

Dublin Airport operator to lodge plans for staff car park

Mon, 06/17/2024 - 16:52
Operator of Dublin airport, daa is to lodge plans in the coming days for a 950 space car park - for staff working at the airport.

IMF wants social safety net to 'broaden' gains from AI

Mon, 06/17/2024 - 14:34
Fiscal policy has a "major role to play" in broadening the financial gains from generative AI technology and preventing a spike in wealth inequality, the IMF today.

Bord na Móna upgrades trail at Lough Boora

Mon, 06/17/2024 - 13:34
Bord na Móna is enhancing the visitor experience at Lough Boora Discovery Park in Co Offaly, with the upgrade of the trail network.

Caterpillar's Russian assets transferred to Armenian fund

Mon, 06/17/2024 - 12:51
US machinery maker Caterpillar's former Russian assets have been transferred to a company owned by Armenian investment fund Balchug Capital, Russian company filings showed.

Exports rise by 6% in April, latest CSO figures show

Mon, 06/17/2024 - 11:27
New preliminary figures from the Central Statistics Office show that seasonally adjusted goods exports grew by 6% to reach €18.796 billion in April compared with March.

Farm groups say 'huge uncertainty' over EU nature law

Mon, 06/17/2024 - 11:15
Farming organisations have expressed concern about the nature restoration law backed by EU environment ministers at a meeting in Luxembourg.

Limerick's Translit joins UK languages group

Mon, 06/17/2024 - 10:23
Limerick-based translation and interpreting company Translit said today that it is joining the UK-based Valorem Group.

EU countries approve landmark nature law after delays

Mon, 06/17/2024 - 10:12
European Union countries have approved a flagship policy to restore damaged nature, after months of delay, making it the first green law to pass since European Parliament elections this month.

Tony O'Reilly to be honoured with 2024 TK Whitaker Award

Mon, 06/17/2024 - 10:12
The Business & Finance Awards, in association with KPMG, said today that Tony O'Reilly will be posthumously honoured with the 2024 TK Whitaker Award for Outstanding Contribution to Ireland & Public Life.

Services inflation needs to come down this year - Lane

Mon, 06/17/2024 - 09:47
The European Central Bank needs to see momentum in services inflation come down this year in order to confirm its disinflation narrative, the ECB's chief economist said today, adding it will not have much new information by its July meeting.

Here's the real cost of your morning rush hour commute in Dublin

Mon, 06/17/2024 - 09:14
The travel costs of getting from your home to work includes much more than just the price of petrol or the bus fare

Finnish insurer Sampo offers $4.7 billion for Topdanmark

Mon, 06/17/2024 - 08:56
Finnish insurer Sampo has agreed to buy Topdanmark in an all-share deal that values the Danish rival at 33 billion crowns ($4.73 billion), the two companies said today.

Dublin 41st most expensive city for international workers

Mon, 06/17/2024 - 08:13
Dublin ranks as the 41st most expensive city in the world for international employees, the 2024 Cost of Living City Ranking survey from Mercer shows, ten places higher than last year.

Adidas investigates bribery allegations in China, FT says

Mon, 06/17/2024 - 07:57
Adidas has launched an investigation into allegations of large-scale bribery in China after the company received a whistleblower complaint that accused senior staff of embezzling "millions of euros", the Financial Times has reported.

China's factory output disappoints, property sector weak

Mon, 06/17/2024 - 07:33
China's May industrial output lagged expectations and a slowdown in the property sector showed no signs of easing despite policy support, adding pressure on Beijing to shore up growth.

L'Occitane chairman Geiger offers scrip alternative

Mon, 06/17/2024 - 07:11
Hong Kong-listed L'Occitane International said today its chairman Reinold Geiger has offered minority shareholders an alternative takeover proposal, as he pursues to take the skincare firm private.

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