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Over 80% of consumers targeted by scammers last year

Wed, 01/29/2025 - 13:14
Over 80% of Irish consumers were targeted by scammers last year, new data shows.

Germany slashes 2025 growth forecast to 0.3%

Wed, 01/29/2025 - 12:59
The German government has cut its growth projections for 2025 amid domestic political instability and the looming threat of higher US tariffs under President Donald Trump.

Apple sales likely hurt by AI delays, Chinese competition

Wed, 01/29/2025 - 12:09
Apple is expected to report tepid quarterly revenue growth tomorrow nigh as its slow roll-out of artificial intelligence features and tough Chinese competition weighed on iPhone demand during the crucial Christmas shopping season.

Starbucks results point to turnaround taking root

Wed, 01/29/2025 - 11:56
Starbucks has reported a smaller-than-expected fall in first-quarter comparable sales, in early signs of the struggling coffee chain benefiting from CEO Brian Niccol's efforts to revive demand.

Former PTSB CEO breached consumer protection rules

Wed, 01/29/2025 - 11:29
A Central Bank inquiry has found that former Permanent TSB chief executive David Guinane participated in regulatory breaches by the bank relating to its treatment of tracker mortgage customers between 2009 and 2010.

BBC World Service to cut 130 jobs as it seeks to save £6m

Wed, 01/29/2025 - 11:19
BBC World Service is set to axe 130 jobs as it seeks to save around £6 million for the next financial year.

€490,000 cost to replace WRC wall 'astonishing' - Gannon

Wed, 01/29/2025 - 10:45
An OPW project to replace a 70-metre perimeter wall at the Workplace Relations Commission (WRC) for €490,000 has been described as "astonishing" by Social Democrats TD Gary Gannon

Licovolt and PBT team up on sustainable battery project

Wed, 01/29/2025 - 10:41
University College Dublin spin-out Licovolt and Australia-based Pure Battery Technologies have signed a joint development deal that aims to transform the production of sustainable battery materials for the electric vehicle industry.

DPC loses challenge against EU's data protection board

Wed, 01/29/2025 - 10:26
The European Court of Justice has found against the Irish Data Protection Commissioner following a case taken by the EU's main data protection board.

Bank of Ireland invests £98m in Scottish offshore project

Wed, 01/29/2025 - 10:25
Bank of Ireland is providing £98m in finance for a major offshore wind project in Scotland that, when completed, will generate enough green energy to power the equivalent of more than half of all Scottish homes.

Sweden's central bank cuts rates to 2.25% from 2.5%

Wed, 01/29/2025 - 09:44
Sweden's central bank cut its key policy rate to 2.25% from 2.5% as expected today to boost sluggish economic growth and said its forecast for interest rates held though it stood ready to act if the outlook for prices and activity changed.

Spain's economy outperforms euro zone with 3.2% growth

Wed, 01/29/2025 - 08:56
Spain's economy expanded 3.2% in 2024, outstripping official forecasts and far outperforming its euro zone peers, preliminary data from the National Statistics Institute showed today.

WH Smith posts higher revenue growth on travel demand

Wed, 01/29/2025 - 08:44
Retailer WH Smith, which is exploring a potential sale of its UK high street business, has today reported a 4% rise in group revenue for the 21-week period to January 25, supported by strong growth in its travel division, sending its shares up 7%.

Engineering company to create 100 Cork jobs

Wed, 01/29/2025 - 08:25
Cork-based Waterman Tecsar Engineering Alliance is to create 100 jobs over the next three years as the team announced a major expansion of its Irish operations.

Norway wealth fund's record $222 billion annual profit

Wed, 01/29/2025 - 08:17
Norway's $1.8 trillion sovereign wealth fund, the world's largest, has today reported a record annual profit of 2.51 trillion crowns ($222 billion), driven by last year's tech rally.

Australia inflation cools in Q4, opens door to rate cut

Wed, 01/29/2025 - 08:09
Australian consumer prices rose at the slowest pace in almost four years in the December quarter, while a pullback in housing costs helped cool core inflation and open the door to a cut in interest rates as early as next month.

Ex-TD Kate O'Connell accused of bullying in pharmacy case

Wed, 01/29/2025 - 08:09
Former Fine Gael TD Kate O'Connell is set to testify to an employment tribunal after being accused of bullying by a senior pharmacist, who says he had to quit to protect his health after a diagnosis of workplace stress.

ASML shrugs off DeepSeek worries, seeing influx of orders

Wed, 01/29/2025 - 07:49
Top computer chip equipment maker ASML has today reported fourth-quarter bookings of €7.09 billion that far exceeded expectations, as a boom in AI drove demand for the company's most advanced equipment.

Remy eyes full-year sales decline at low end of range

Wed, 01/29/2025 - 07:43
Remy Cointreau said today it expects full-year group organic sales to decline about 18%, the lower end of its guidance range, citing lack of visibility of a recovery in US demand and worsening market conditions in China.

Reeves gears up for fight to get UK economy growing again

Wed, 01/29/2025 - 07:33
British finance minister Rachel Reeves will say today that she is ready for a fight to push forward her plans to speed up the country's slow-moving economy that have grown in urgency after this month's bond market slump.

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