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Updated: 31 min 2 sec ago

Cabinet to consider plan over corporation tax surplus

Wed, 05/24/2023 - 07:37
Minister for Finance Michael McGrath has said he is planning to bring a proposal to Cabinet on how Ireland should deal with the large corporation tax windfall surpluses forecast to flow into the State.

C&C's full year operating profits soar by 75%

Wed, 05/24/2023 - 07:33
Drinks group C&C has today reported a sharp jump in profits for the year to the end of February but said it expects the trading environment to remain challenging in the near term, particularly in Britain.

Kingfisher reports drop in Q1 like-for-like sales

Wed, 05/24/2023 - 07:20
Home improvement retailer Kingfisher blamed wet weather for lower sales of items like garden furniture and barbecues in Britain and France, but said improving trends in April gave it confidence it would meet forecasts.

UK inflation rate falls to 8.7% in April from 10.1%

Wed, 05/24/2023 - 07:09
British consumer price inflation fell to 8.7% in April from March's 10.1%, figures from the Office for National Statistics showed today.

Netflix emails Irish customers about account sharing

Wed, 05/24/2023 - 06:57
Netflix has said that it has begun sending emails to Irish customers who are sharing their accounts with people "outside their household".

Home prices rise faster than mortgage values

Wed, 05/24/2023 - 05:00
The increase in median mortgage values was slower between 2020 and 2022 than the rise recorded in property prices over the same period, new data has shown.

Fears of further job cuts at Meta's Irish operation

Wed, 05/24/2023 - 00:01
There are fears of further job losses at Meta's Irish operation with the social media giant set to confirm details of its latest round of redundancies.

FSU calls for regulations for surveillance of staff

Wed, 05/24/2023 - 00:01
The Financial Services Union (FSU) will today tell urge TDs and senators to consider new regulations and legislation to cover the technological surveillance of staff by their employers.

Government to develop kerosene support scheme for firms

Tue, 05/23/2023 - 18:06
The Government has agreed to develop a scheme to help firms that use kerosene to heat their premises with the increased cost of the fuel over recent months.

Tyre fitter wins €11,000 for employment law breaches

Tue, 05/23/2023 - 16:35
A tyre fitter who said he was "verbally attacked" by his boss when he refused to work an on-call shift after months of "excessive" hours has won nearly €11,000 for multiple working hours and employment law breaches.

Green light for 9 storey hotel over Arnotts in Dublin

Tue, 05/23/2023 - 16:30
Noel Smyth's Fitzwilliam Real Estate has secured the green light for a nine storey 245 bedroom 'lean luxury' hotel over Arnotts in Dublin.

Power prices to remain higher than pre-pandemic levels

Tue, 05/23/2023 - 16:26
Long term power prices for Ireland are predicted to level out around the €100 per megawatt hour for the period from 2027 to 2030 rather than fall back towards pre-pandemic levels, a new analysis has found.

Do businesses in Cork create businesses in Kerry?

Tue, 05/23/2023 - 16:00
Counties bordering economic hotspots in Ireland seem to enjoy more entrepreneurial activity than other regions

'Balance' needed on mortgage and deposit rate hikes

Tue, 05/23/2023 - 14:50
Bank of Ireland has said it needs to "strike the right balance" when it comes to passing on European Central Bank interest rate hikes to customers, and rewarding deposit holders.

Apple agrees multi-billion-dollar deal with Broadcom

Tue, 05/23/2023 - 14:37
Apple said today it has entered a multi-billion-dollar deal with chipmaker Broadcom to use chips made in the US.

Gazprom's 2022 net profit falls 40% on tax hike

Tue, 05/23/2023 - 14:22
Gazprom's net profit fell more than 40% to 1.226 trillion roubles ($15.77 billion) last year due to a tax hike in the second half of the year, the Russian energy giant said today.

Shell CEO shielded by security amid AGM protests

Tue, 05/23/2023 - 13:06
Security staff shielded Shell chief executive Wael Sawan and the firm's board of directors as climate protesters tried unsuccessfully to storm the stage at the energy giant's annual shareholder meeting in London today.

TikTok 'confident' of stopping Montana ban - CEO

Tue, 05/23/2023 - 12:40
TikTok is confident of stopping a ban in the US state of Montana, its CEO said today, after the Chinese-owned social media app launched a legal challenge.

Numbers in energy poverty on the rise, committee told

Tue, 05/23/2023 - 12:08
The number of people getting pulled into energy poverty is continuing to rise, an Oireachtas committee has heard.

71% of engineering companies predict growth in 2023

Tue, 05/23/2023 - 11:21
A new survey from Engineers Ireland shows that 71% of engineering firms see potential for growth this year.