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Next upgrades its full year profit outlook again

Thu, 01/04/2024 - 07:15
Clothing retailer Next has today raised its profit forecast for the year to the end of January 2024 for the fifth time in eight months as it reported a better-than-expected rise in Christmas sales.

663 corporate insolvencies in 2023 - Deloitte Ireland

Thu, 01/04/2024 - 05:00
Over 660 corporate insolvencies were recorded in Ireland in 2023, according to the latest Insolvency & Restructuring Statistics compiled by Deloitte Ireland, a 25% increase on the previous year.

Service sector expansion sustained in December - AIB

Thu, 01/04/2024 - 05:00
Irish firms continued to report rising levels of new business, but the pace of growth slowed in December to the second weakest in 2023.

Ocean cargo rates climb after new Red Sea ship attacks

Wed, 01/03/2024 - 21:03
Ocean freight rates are surging after a missile attack and attempted hijacking of a Maersk ship this weekend prompted carriers to suspend plans to restart transits through the Red Sea, a key artery to the vital Suez Canal trade route.

Green light for contentious Dublin apartment scheme

Wed, 01/03/2024 - 16:59
Keith Craddock's Redrock Glenageary has secured the green light for a seven storey 138 unit apartment scheme for Glenageary in south Dublin despite local opposition.

Profits up at firm developing driverless technology

Wed, 01/03/2024 - 16:43
Pre-tax profits at the Tuam firm at the cutting edge of driverless car technology almost doubled to €46.25m in 2022.

Finalists for Business of Craft Awards at Showcase 2024

Wed, 01/03/2024 - 14:33
The nine shortlisted finalists for the inaugural Business of Craft Awards - part of Showcase 2024 - have been announced ahead of the event from January 21-23.

O'Rourke appointed as IDA Ireland chairperson

Wed, 01/03/2024 - 14:17
Feargal O'Rourke as been appointed the new Chairperson of IDA Ireland, succeeding Frank Ryan who served for 10 years in the role.

Wizz Air extends Israel flight cancellations to March

Wed, 01/03/2024 - 12:54
Wizz Air Holdings has canceled all flights to Tel Aviv up until March as the conflict between Hamas and Israel wages on.

How climate change is going to affect your holidays in 2024

Wed, 01/03/2024 - 12:27
if Europe continues to experience extreme weather conditions like last summer, many will think twice about booking a place in the sun

London's FTSE 100 celebrates its 40th anniversary

Wed, 01/03/2024 - 12:23
The FTSE 100 is celebrating its 40th anniversary, as firms from Barclays to Sainsbury's remain a fixture of the UK's top stock market index.

Belgian central bank asks chief to stay on as stopgap

Wed, 01/03/2024 - 11:53
The National Bank of Belgium has asked Governor Pierre Wunsch to stay on in a temporary capacity after his term lapsed on Monday without the government managing to agree on his reappointment to the European Central Bank's rate-setting Governing Council.

Russian diamond producer Alrosa added to sanctions list

Wed, 01/03/2024 - 10:58
The European Union has added Russia's Alrosa, the world's biggest diamond producer, as well as its CEO Pavel Alekseevich Marinychev to its sanctions list, it said today.

ECB cyber stress test won't affect capital requirements

Wed, 01/03/2024 - 10:49
The European Central Bank's cyber resilience stress test in the coming months will not affect bank-specific capital requirements but instead form part of a broader supervisory assessment, the ECB said in a statement today.

NTMA planning bond auction for March

Wed, 01/03/2024 - 10:10
The National Treasury Management Agency said today it plans to hold a bond auction on Tuesday March 19, its only such auction of the first quarter of 2024.

German unemployment slightly rises in December

Wed, 01/03/2024 - 09:58
The number of unemployed people in Germany rose slightly in December, though by much less than analysts had expected, and the 2023 rate was one of the lowest since German reunification, labour office figures showed today.

Aldi to cut prices by 23% across a range of products

Wed, 01/03/2024 - 09:20
Supermarket group Aldi said today it will cut the prices of some of its most popular products by 23%, which will see the price of a typical trolley of the most popular goods reduced from €121 to €106.

Up to €1,800 in refunds available to taxpayers

Wed, 01/03/2024 - 09:05
Taxpayers could be leaving up to €1,800 on the table by not availing of a range of yearly tax refunds, a consumer tax specialist has warned.

Dalata in Maldron Hotel Dublin Airport deal extension

Wed, 01/03/2024 - 08:24
Dalata Hotel Group said today it has agreed a two-year extension to the licencing agreement of the 251-bedroom Maldron Hotel Dublin Airport with the hotel's landlord.

Oil prices hold steady despite Red Sea worries

Wed, 01/03/2024 - 07:51
Oil prices were little changed today after sharp moves earlier in the week, as markets weighed concerns about the US economy against potential supply disruptions from ongoing tensions in the Red Sea.

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