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Rentokil posts 1.8% organic revenue growth in Q1

Thu, 04/17/2025 - 08:52
Britain's Rentokil Initial said today its organic revenue grew 1.8% in the first quarter, as strength in its international pest control business helped offset sluggish North America business, which it is seeking to overhaul.

Sony Interactive Entertainment to create 100 Dublin jobs

Thu, 04/17/2025 - 08:29
Sony Interactive Entertainment, the company behind the video console PlayStation brand, is to create 100 jobs as it opens a new office in Dublin.

TSMC's Q1 profit surges, but Trump policies hit outlook

Thu, 04/17/2025 - 07:49
Taiwan's TSMC, the world's largest contract chipmaker, has logged a forecast-beating 60% leap in quarterly profit, though its outlook has been complicated by US President Donald Trump's unpredictable trade policies.

Temu, Shein cut digital ads as tariffs end cheap shipping

Thu, 04/17/2025 - 07:39
Chinese online marketplace Temu and fast-fashion retailer Shein, two of the biggest advertisers on US social media, are sharply cutting their US digital ad spending, industry data show, in a blow to tech companies such as Meta's Facebook and YouTube.

Deliveroo reports stronger order growth in first quarter

Thu, 04/17/2025 - 07:34
Meal delivery company Deliveroo said today that it had made a strong start to the year, with a 7% rise in orders beating the 6% recorded in the final quarter of 2024.

Chipmakers feel the pinch of Trump's shifting policies

Thu, 04/17/2025 - 07:27
Gobal chip stocks were battered yesterday on fresh evidence of how US President Donald Trump's shifting trade policy was complicating the outlook for semiconductor and computing giants, including AI pioneer Nvidia and its rival AMD.

Sainsbury's expects flat profit this year

Thu, 04/17/2025 - 07:17
Sainsbury's, Britain's second largest supermarket group after Tesco, has today reported a 7.2% rise in annual profit but forecast little or no growth in its new financial year as it faces a step up in competition.

Hermes will raise US prices to fully offset Trump tariffs

Thu, 04/17/2025 - 07:09
France's Hermes will carry out price hikes in the US to fully offset the costs from President Donald Trump's tariff policies, the company said, as it posted first-quarter sales below market expectations in a rare show of weakness.

Pernod Ricard's third quarter sales miss forecasts

Thu, 04/17/2025 - 07:05
Pernod Ricard has today reported a 3% decline in third-quarter sales, missing forecasts as tariff uncertainty rocks the already-struggling spirits sector.

Revolut rolls out instant access savings for under 18s

Thu, 04/17/2025 - 05:00
Revolut has rolled out instant access savings accounts for customers of its under 18s app.

China says it will ignore US 'tariff numbers game'

Thu, 04/17/2025 - 04:51
China will pay no attention if the United States continues to play the "tariff numbers game", China's foreign ministry said, after the White House outlined how China faces tariffs of up to 245% due to its retaliatory actions.

Just 41 properties available under HAP scheme in March

Thu, 04/17/2025 - 00:01
The number of properties available under the Housing Assistance Payment Scheme since December 2024 has fallen, according to the Simon Communities of Ireland.

ECB set to cut interest rates for seventh time in a year

Thu, 04/17/2025 - 00:00
The European Central Bank is widely expected to cut interest rates by one-quarter of a percentage point later today.

European Central Bank expected to cut interest rates

Thu, 04/17/2025 - 00:00
The European Central Bank (ECB) is widely expected to cut interest rates by one quarter of a percentage point later.

TikTok begins US testing of 'Footnotes'

Wed, 04/16/2025 - 18:08
TikTok has started testing "Footnotes" in the United States, a feature similar to "Community Notes" used by X and Meta, as the short-video platform awaits a deal that will secure its presence in the country.

WRC awards Ukrainian who gave evidence from 'battlefield'

Wed, 04/16/2025 - 16:24
A Ukrainian trucker who made court history by giving evidence at the Workplace Relations Commission (WRC) remotely from an "active battlefield" has won €3,500 for unfair dismissal and other employment rights breaches.

Further education staff in NI vote for strike action

Wed, 04/16/2025 - 15:51
Staff at further education colleges in Northern Ireland have voted for strike action over pay, workload and conditions.

Bank of Canada says tariffs could cause deep recession

Wed, 04/16/2025 - 14:59
The Bank of Canada today held its key policy rate at 2.75%, its first pause after seven consecutive cuts, and said the uncertainty around US tariffs made it impossible to issue regular economic forecasts.

WTO cuts 2025 trade growth forecast, warns of deeper drop

Wed, 04/16/2025 - 14:21
The World Trade Organization has sharply cut its forecast for global merchandise trade from solid growth to a decline, saying further US tariffs and spillover effects could lead to the heaviest slump since the height of the Covid pandemic.

US retail sales surge in March due to rising car sales

Wed, 04/16/2025 - 13:49
US retail sales surged in March as households boosted purchases of motor vehicles ahead of tariffs, though concerns about the economic outlook are hurting discretionary spending.

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