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LVMH touts good start to 2025 but Q4 results underwhelm

Wed, 01/29/2025 - 07:22
LVMH has made a good start to 2025, CEO Bernard Arnault said last night, after the luxury conglomerate posted a slight rise in fourth-quarter sales, though analysts cautioned it may still fall short of heightened market expectations after recent share gains.

Here's how financial literacy affects the money in your pocket

Wed, 01/29/2025 - 07:12
An inability to process financial information leaves us open to poor money decisions, increased debt and onerous financial commitments

HBFI grows loan approvals to €2.7 billion

Wed, 01/29/2025 - 06:19
New figures from Home Building Finance Ireland show it has has grown total loan approvals to €2.7 billion at the end of December 2024, an increase of 61% on the €1.66 billion at the end of 2023.

Trump offers federal workers eight months' pay to resign

Wed, 01/29/2025 - 06:05
US President Donald Trump offered most federal workers the option to leave their jobs in exchange for eight months severance, in his most radical move yet to drastically overhaul the government.

Irish concerns over DeepSeek app

Tue, 01/28/2025 - 19:07
DeepSeek has taken the tech world by storm and has become the most downloaded app in countries around the world including here in Ireland.

BIMM music students to protest staff redundancy plan

Tue, 01/28/2025 - 17:32
Students at one of the country's top music colleges will stage a protest tomorrow over a proposed redundancy plan for their lecturers.

Casino worker wins €7,000 in discrimination case

Tue, 01/28/2025 - 17:08
A casino croupier who said her manager told her "you have a really nice ass, but this is off the record" when she complained about the level of discrimination and abuse at work has been awarded €7,000 in compensation.

LVMH beats forecast with 1% rise in fourth quarter sales

Tue, 01/28/2025 - 16:51
Luxury bellwether LVMH beat expectations today with a 1% rise in fourth-quarter sales as demand for designer fashion and handbags picked up over the Christmas season, adding to hopes the sector has turned a corner.

Royal Caribbean eyes strong 2025 profit

Tue, 01/28/2025 - 16:34
Royal Caribbean said today that 2025 was shaping up "to be another great year", with a near 23% jump expected in adjusted earnings, as it benefits from record prices and new river cruise itineraries.

French investigators open fraud probe against Binance

Tue, 01/28/2025 - 16:13
French investigators said they had opened a judicial probe into money laundering, tax fraud and other charges at Binance, the world's largest cryptocurrency exchange, which said it denied the allegations.

JetBlue shares sink after disappointing forecast

Tue, 01/28/2025 - 16:07
JetBlue Airways forecast higher costs and unit revenue below analysts' expectations for the first quarter today, sending the New York-based carrier's shares down 26% in morning trade.

US tech stocks rebound after DeepSeek-triggered selloff

Tue, 01/28/2025 - 15:56
Technology stocks regained some ground today with chipmaker Nvidia up about 2.5% in early trading, a day after it suffered the biggest one-day market capitalisation loss in history, and traders moved back out of safe-haven currencies into the dollar.

Firefighters accuse Government of 'pensions betrayal'

Tue, 01/28/2025 - 15:49
Younger members of Dublin Fire Brigade, who are members of SIPTU, have delivered a letter to the Department of Housing, Local Government and Heritage accusing the Government of "betrayal" by failing to honour commitments on pension reform.

AudioHooked: Why the audiobook market is booming

Tue, 01/28/2025 - 15:47
Audiobooks are an old idea but a coming together of different factors has seen them go from a niche business to a booming one, writes Adam Maguire.

Google Ireland lodges plans for public mural at HQ

Tue, 01/28/2025 - 15:28
The Irish arm of US tech giant, Google has lodged plans for a large public mural across seven storeys at its European HQ in Dublin that incorporate interactive and virtual elements through Google's own modern technology and AI tools.

Italy's Mediobanca rejects Monte dei Paschi bid

Tue, 01/28/2025 - 14:35
Italian bank Mediobanca has today rejected a takeover offer by state-backed rival Monte dei Paschi di Siena, saying a tie-up would be detrimental to its shareholders because it lacked any strategic and financial rationale.

Work to replace unsafe WRC wall cost over €490,000

Tue, 01/28/2025 - 14:19
An OPW project to replace an unsafe 70-metre perimeter wall around a government office ended up costing over €490,000.

Dublin 2 dominated serviced office take-up last year

Tue, 01/28/2025 - 13:23
Over 70% of Dublin's serviced office transactions were concentrated in the Dublin 2 area last year, new data shows.

FSAI announces Greg Dempsey as new Chief Executive

Tue, 01/28/2025 - 13:10
Greg Dempsey has been appointed as Chief Executive of the Food Safety Authority of Ireland (FSAI).

Boeing posts $11.8bn annual loss - biggest since 2020

Tue, 01/28/2025 - 12:13
Boeing has today reported an annual loss of $11.83 billion, its largest since 2020, as it grappled with problems at its commercial and defence units and the fallout from a crippling strike by US West Coast factory workers.

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