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Martin: FG junior ministers' budget remarks 'unhelpful'

Wed, 05/24/2023 - 20:38
Tánaiste and Fianna Fáil leader Micheál Martin has accused three Fine Gael junior ministers of undermining the budgetary process.

Kerosene support scheme for companies criticised by LGI

Wed, 05/24/2023 - 18:15
The organisation representing liquid gas suppliers here has criticised plans for a new Government scheme aimed at helping businesses with the increased cost of kerosene over the last year, because it does not include Liquified Petroleum Gas (LPG).

Fines of €213.7m collected by Central Bank last year

Wed, 05/24/2023 - 17:47
€213.7m in fines were collected by the Central Bank's enforcement division last year, the highest amount imposed in a single year to date.

EU lays out plans to reduce retail investor commission

Wed, 05/24/2023 - 16:54
The European Union has set out plans to cut how much retail investors pay banks and insurers for financial products to encourage investment and make its capital market deeper and more efficient.

FSI: Regulatory sandbox would represent a 'level shift'

Wed, 05/24/2023 - 16:22
The Chairman of Financial Services Ireland (FSI) has said the establishment of an Irish regulatory sandbox could represent a "level shift" for innovative financial services firms.

Dublin Airport car parks sold out in coming days - daa

Wed, 05/24/2023 - 16:02
Dublin Airport has warned intending passengers that all of its car parks are sold out in the coming days and if they do not have a booking they need to look at other options for travelling to the airport.

Chipmaker Analog Devices forecasts weak Q3 results

Wed, 05/24/2023 - 15:03
Analog Devices said today that a turbulent economy would weigh on its third quarter results, sending the chipmaker's shares down more than 5% in premarket trading.

Abercrombie & Fitch shares soar on surprise profit

Wed, 05/24/2023 - 14:57
Abercrombie & Fitch today reported a surprise quarterly profit and raised its annual sales forecast, as the clothing retailer bets on its efforts to stock shelves with in-demand products, sending its shares up 18%.

Tirlán generated economic activity of €5.5 billion

Wed, 05/24/2023 - 14:37
A new economic analysis of farmer owned food and nutrition co-op Tirlán shows it generated €5.5 billion of economic activity last year, and supported over 19,000 direct and indirect jobs.

Bank traders may have broken competition law - CMA

Wed, 05/24/2023 - 14:00
Deutsche Bank and Citigroup admitted anti-competitive activity by exchanging sensitive information on UK government bonds between 2009 and 2013, Britain's anti-trust watchdog said, as it provisionally found five banks in breach of competition rules.

SEAI: 172% jump in home energy upgrades completed in Q1

Wed, 05/24/2023 - 13:26
The number of home energy upgrades completed between January and March of this year and supported through the Government funded SEAI grant scheme increased to 9,946.

Ulster Bank to cut 800 jobs as Irish exit continues

Wed, 05/24/2023 - 12:47
Ulster Bank has announced a new redundancy programme which will leave up to 800 employees at risk of losing their jobs, as part of the bank's overall withdrawal process from the Irish market.

Record level of employment in first quarter of 2023

Wed, 05/24/2023 - 12:40
There was a further increase in the number of people at work in the first three months of this year, according to the latest Labour Force Survey from the Central Statistics Office.

Irish Life Health to up premium prices by average of 5%

Wed, 05/24/2023 - 11:36
Irish Life Health has today announced an average increase of 5% on its health insurance premiums.

McGrath extends Home Building Finance Ireland timeline

Wed, 05/24/2023 - 10:32
The Minister for Finance said today that Home Building Finance Ireland will continue to operate and will continue to closely monitor developments across the wider market and to respond to ensure that the supply of new homes does not get disrupted due to a lack of funding.

EU court backs Ryanair challenge on Italian state aid

Wed, 05/24/2023 - 09:19
Europe's second-top court has today backed Ryanair's challenge against an Italian state aid, approved by the European Union, for airlines hit by the Covid-19 pandemic.

No signs of progress in 'tough' US debt ceiling talks

Wed, 05/24/2023 - 08:48
Representatives of President Joe Biden and congressional Republicans ended another round of debt ceiling talks last night with no signs of progress as the deadline to raise the government's $31.4 trillion borrowing limit or risk default ticked closer.

Tullow Oil retains full-year production outlook

Wed, 05/24/2023 - 08:16
Oil and gas explorer Tullow Oil has today maintained its 2023 production forecast of 58,000 to 64,000 barrels per day.

M&S expects 'modest' revenue growth in 2023/24

Wed, 05/24/2023 - 08:06
Clothing and food retailer Marks & Spencer has today forecast "modest" growth in revenue in its new financial year after 2022-23 profit beat expectations.

SSE details £40 billion investment plan as profits rise

Wed, 05/24/2023 - 08:01
Power generator and network operator SSE has today set out plans to invest up to £40 billion this decade on clean energy projects.