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McDonald's posts biggest US sales fall in nearly 5 years

Mon, 02/10/2025 - 12:23
McDonald's has today posted a steeper-than-expected drop in quarterly US comparable sales, as demand took a hit from a brief E.coli outbreak while diners remained watchful of their spending.

Building 93,000 homes a year 'not immediately doable'

Mon, 02/10/2025 - 11:38
A former member of the Irish Housing Commission has said that building 93,000 homes a year to meet demand between now and 2031 is "not immediately doable".

Bank of Ireland names new Chief Strategy Officer

Mon, 02/10/2025 - 11:24
Bank of Ireland has appointed Billy O'Connell as its Chief Strategy Officer and he will join the bank's executive committee.

Live Register eases by 0.4% in January - CSO

Mon, 02/10/2025 - 11:12
New figures from the Central Statistics Office show that the seasonally adjusted Live Register total for January stood at 165,400 people, down by 600 people or 0.4% from the previous month.

Trump's tariffs and threatened trade action

Mon, 02/10/2025 - 10:37
Since returning to office last month, US President Donald Trump has initiated numerous tariffs and made even more frequent threats to impose levies on imported goods.

Euro zone investor morale improves in February

Mon, 02/10/2025 - 10:22
Investor morale in the euro zone brightened in February to its highest since July, a survey showed today, with Germany also benefiting from the rise in confidence.

Irish M&A deal value jumped 115% in 2024 - William Fry

Mon, 02/10/2025 - 10:12
New figures show that Irish merger and acquisition deals for 2024 reached €27.5 billion, a jump of 115% on the 2023 figures.

Skills shortage projected in Northern Ireland - report

Mon, 02/10/2025 - 10:01
Northern Ireland is expected to be short of more than 5,000 workers in the coming years.

Mortgage switching activity picks up again as rates fall

Mon, 02/10/2025 - 09:51
Mortgage switching activity is growing again as customers try to take advantage of falling European Central Bank rates, according to online broker Doddl.ie.

Cellnext-Phoenix deal cleared by CCPC - with conditions

Mon, 02/10/2025 - 09:40
The Competition and Consumer Protection Commission has cleared - subject to legally binding commitments - the proposed acquisition of Cellnex Ireland Limited and Cignal Infrastructure Limited by Phoenix Tower International.

5 ways to improve Ireland's energy system after Storm Éowyn

Mon, 02/10/2025 - 09:22
Here are 5 suggestions on how to increase the resilience of our energy infrastructure for homes, businesses and public services

Govt examines introduction of 'reference rents' system

Mon, 02/10/2025 - 08:44
The Government is examining a recommendation in the Housing Commission's report which backed the introduction of a system called "reference rents".

Landlord group welcomes rent pressure zone examination

Mon, 02/10/2025 - 08:44
The Irish Property Owners Association has welcomed the Taoiseach's signalling that the Rent Pressure Zone system could be changed or removed by the end of this year.

China inflation picks up after Lunar New Year spend boost

Mon, 02/10/2025 - 08:06
Inflation picked up in China last month, official figures showed over the weekend, as the Lunar New Year holiday boosted January spending.

Sony to offer PlayStation Plus users 5-day extension

Mon, 02/10/2025 - 07:57
Sony said that all PlayStation Plus members would automatically receive an additional five days of service, after a global outage disrupted the PlayStation Network (PSN) for about 18 hours on Friday and Saturday.

Oil prices climb as investors weigh new US tariffs

Mon, 02/10/2025 - 07:35
Oil prices moved higher today even as investors weighed US President Donald Trump's latest tariff threat, this time on all steel and aluminium imports, which could dampen global economic growth and energy demand.

Nippon Steel considering bold revision to US Steel buyout

Mon, 02/10/2025 - 07:27
Japan's Nippon Steel is considering proposing a bold change in plan from its previous approach of seeking to buy US Steel, Chief Cabinet Secretary Yoshimasa Hayashi said today, though the company declined to comment.

World leaders, tech CEOs to gather at AI summit in Paris

Mon, 02/10/2025 - 07:22
World leaders and technology executives are convening in Paris to discuss how to safely embrace artificial intelligence at a time of mounting resistance to heavy-handed red tape that businesses say stifles innovation.

Nokia picks Intel's AI and data centre boss as new CEO

Mon, 02/10/2025 - 07:17
Finland's Nokia said today that Pekka Lundmark would step down as CEO, and that it has appointed Justin Hotard to take over his role.

SIPTU vows to oppose sale of Bord na Móna Recycling

Mon, 02/10/2025 - 07:01
SIPTU has called for a halt to the sale of Bord na Móna Recycling, claiming the move is counter to economic and environmental best practice.

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