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Updated: 1 hour 24 min ago

Galway's Platform94 opens new €5.2m extension

Fri, 02/23/2024 - 10:06
Galway city innovation hub Platform94 will officially open its €5.2m expansion this morning.

German business sentiment brightens in February - Ifo

Fri, 02/23/2024 - 10:01
German business morale improved in February, a survey showed today, though probably not enough to prevent Europe's biggest economy from slipping into another recession.

Euro zone inflation expectations edge up for 2024 - ECB

Fri, 02/23/2024 - 09:42
Inflation expectations among euro zone consumers rose for the year ahead and held steady for three years out, a new survey by the European Central Bank showed today, adding to evidence that the final stage of taming price growth may be difficult.

Digital media upstart Vice to cut 'several hundred' jobs

Fri, 02/23/2024 - 08:45
Vice, the dynamic, fast-growing digital media company that gained a wide following with young readers, said it will no longer publish on its flagship website and is eliminating hundreds of jobs.

Minister did 'not dismiss' Ní Raghallaigh - McEntee

Fri, 02/23/2024 - 08:37
A look at the latest developments following the resignation of Siún Ní Raghallaigh as chairperson of the RTÉ Board.

StanChart's profits up as CEO bemoans 'crap' share price

Fri, 02/23/2024 - 08:18
Standard Chartered chief executive Bill Winters today acknowledged the bank's underwhelming share price and vowed to fix it as the lender announced increased dividends, a fresh $1 billion buyback and an 18% increase in annual profit.

Ní Raghallaigh tenure dominated by RTÉ controversies

Fri, 02/23/2024 - 08:16
Lasting just over 14 months, Siún Ní Raghallaigh's term as Chair of the RTÉ Board ended abruptly overnight, with an emailed statement of resignation after the Minister for Media Catherine Martin refused to express confidence in her.

Fuel prices rise in February after four months of falls

Fri, 02/23/2024 - 08:02
New figures from AA Ireland show that petrol and diesel prices rose in February after four months of decreases in a row.

British energy bills to fall after 12% cut to price cap

Fri, 02/23/2024 - 07:41
Most British household energy bills will fall from April after regulator Ofgem cut its domestic price cap by 12.3% to its lowest level in more than two years.

Irish Residential Properties REIT's 2023 revenues up 3.5%

Fri, 02/23/2024 - 07:32
Irish Residential Properties REIT, Ireland's largest private residential landlord, has reported "strong" revenue growth of 3.5% for the year to the end of December, on the back of 99.4% occupancy levels in its properties.

Reddit's US IPO filing reveals $90.8m losses in 2023

Fri, 02/23/2024 - 07:11
Reddit has disclosed that its net loss narrowed to $90.8m and revenue growth was roughly 21% in 2023, as the social media company made its IPO filing public in the run-up to its highly anticipated planned US stock market debut in March.

Advertised rents rose by 6.8% in 2023 - Daft

Fri, 02/23/2024 - 05:00
Advertised rents rose at a slower pace last year than in the previous two years, but still climbed by 6.8% new data from property listings website Daft.ie shows.

AI top of the list for businesses investing in technology

Fri, 02/23/2024 - 05:00
Businesses investing in technology are putting artificial intelligence (AI) top of their list, new research by EY shows.

Minister contradicts RTÉ Board claim over exit package

Fri, 02/23/2024 - 01:20
Minister for Media Catherine Martin has reiterated her position that led to last night's resignation of RTÉ chairperson Siún Ní Raghallaigh.

Siún Ní Raghallaigh resigns as Chairperson of RTÉ Board

Fri, 02/23/2024 - 01:20
The chair of the RTÉ Board, Siún Ní Raghallaigh, has resigned from her position.

Payroll tech company SD Worx announces 40 new jobs

Fri, 02/23/2024 - 01:00
Wicklow-based payroll tech company SD Worx has announced the creation of 40 new jobs over the next two years as part of a €2.9m investment.

€7m investment announced for MTU cybersecurity programme

Fri, 02/23/2024 - 00:01
A €7 million investment has been announced, designed to boost cybersecurity innovation and entrepreneurship in Ireland over the next six years.

Taoiseach 'frustrated' over public capital project delays

Thu, 02/22/2024 - 20:33
Taoiseach Leo Varadkar has said far too many important public capital projects are taking too long to reach completion.

Inquiry hears evidence from former PTSB marketing manager

Thu, 02/22/2024 - 19:28
A Central Bank inquiry probing whether former CEO of Permanent TSB David Guinane participated in a suspected regulatory breach by the bank, has heard the bank's very existence was in question at the time a controversial decision was taken affecting some of its tracker mortgage customers.

Moneypoint conversion to oil needed to lower outages risk

Thu, 02/22/2024 - 18:11
If the 900MW Moneypoint coal-burning power station in west Clare does not convert to Heavy Fuel Oil (HFO) to produce electricity, "it is possible that extended power outages could occur to cover the Winter peaks in the period 2024 to 2029".