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Intel forecasts quarterly revenue below estimates

Fri, 01/26/2024 - 07:20
Intel has forecast revenue for the first quarter that could miss market estimates by more than $2 billion, as it grapples with uncertain demand for its chips used in the traditional server and personal computer markets.

LVMH grows sales as luxury shoppers show resilience

Fri, 01/26/2024 - 07:13
Luxury goods group LVMH has posted a 10% rise in fourth-quarter sales, as growth edged up from the previous quarter, driven by resilient demand - including from Chinese buyers - for its high-end fashion over the all-important end-of-year period.

Deal nears on public sector pay as talks run into night

Fri, 01/26/2024 - 06:17
Unions, staff associations and Government representatives could be close to reaching agreement on a new public sector pay deal according to union sources.

Energia to cut domestic gas and electricity prices

Fri, 01/26/2024 - 05:00
Energy supplier Energia is cutting its charges for domestic electricity and gas customers.

Mortgage drawdowns decline but first time buyers active

Fri, 01/26/2024 - 05:00
Overall mortgage drawdown volumes declined in 2023, new figures from the Banking & Payments Federation show, but the reduction was driven largely by a falloff in switching and remortgaging activity.

Jet deliveries to drive airline revenue growth in 2024

Fri, 01/26/2024 - 05:00
The value of new aircraft deliveries globally is set to rise by over 15% to around $100 billion dollars this year as the industry continues to bounce back from groundings of aircraft globally for long periods during the Covid pandemic, and amid unprecedented demand for flights from consumers.

Up to 150 jobs under threat at Three Ireland

Thu, 01/25/2024 - 20:40
Up to 150 jobs may be cut at mobile phone company Three Ireland. The company said it had made the difficult decision to enter a proposed collective redundancy process for the business.

Curtain will not come down on this RTÉ drama just yet

Thu, 01/25/2024 - 19:30
The story behind the rise and fall of Toy Show the Musical has all the twists, turns and drama of a stage production. When it comes to governance and financial control of the project, the reviews are in and they are not good.

Ryanair home purchases a 'kick in the teeth' - Soc Dems

Thu, 01/25/2024 - 17:50
Ryanair buying 25 new-build houses in Swords, Co Dublin, is another 'kick in the teeth' for first-time buyers, according to Social Democrats housing spokesperson Cian O'Callaghan.

WRC awards against PPE firm in Limerick top €300,000

Thu, 01/25/2024 - 17:19
An ex-employee of a Chinese-owned PPE company, who quit after going without pay for months, has secured over €68,000 for workplace rights breaches.

LVMH grows sales as luxury shoppers show resilience

Thu, 01/25/2024 - 16:51
Luxury goods group LVMH posted a 10% rise in fourth quarter sales, as growth edged up from the previous quarter, driven by resilient demand for its high end fashion labels.

Those impacted by new tipping laws urged to share views

Thu, 01/25/2024 - 16:32
The Government is urging those impacted by new tipping laws to share their views.

Third level teachers vote for industrial action

Thu, 01/25/2024 - 16:01
Third level teachers who are members of the Teachers' Union of Ireland (TUI) have voted in favour of industrial action.

Meta moves to protect teens from unwanted messages

Thu, 01/25/2024 - 15:29
Meta is building more safeguards to protect teen users from unwanted direct messages on Instagram and Facebook, the social media platform said today.

Turkey's central bank lifts key rate again to 45%

Thu, 01/25/2024 - 15:02
Turkey's central bank has today delivered what it said was the final interest rate hike of a historic tightening cycle that more than quintupled borrowing costs to fight record inflation.

Microsoft cuts 1,900 Activision Blizzard, Xbox staff

Thu, 01/25/2024 - 14:54
Microsoft is cutting around 1,900 jobs at Activision Blizzard and Xbox this week, news website The Verge reported today, citing an internal memo from the head of the company's gaming division.

US economy grew faster than expected in fourth quarter

Thu, 01/25/2024 - 13:52
The US economy grew faster than expected in the fourth quarter amid strong consumer spending, and defied dire predictions of a recession in 2023 after the Federal Reserve aggressively raised interest rates, with growth for the full year coming in at 2.5%.

Spending in gyms and sports clubs jumps in January

Thu, 01/25/2024 - 13:32
Spending in gyms jumped 17% in the first two weeks of January, new credit and debit card data from Bank of Ireland shows.

Europcar invests €3m in Wexford, Donegal and Westmeath

Thu, 01/25/2024 - 12:47
Europcar is to invest €3m in the expansion of its service offering across two new locations in Wexford and Donegal, as part of its regional expansion plans for this year.

Slight increase in .ie domain names registered in 2023

Thu, 01/25/2024 - 12:10
There was a slight increase in the number of .ie internet domain names registered last year, the latest .ie Domain Profile Report shows.

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