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Updated: 2 hours 44 min ago

New search and rescue operator granted air certificate

Wed, 02/07/2024 - 16:06
Bristow Ireland, which is taking over the contract to provide search and rescue services for the Irish Coast Guard, has received its Air Operator Certificate from the Irish Aviation Authority.

How the 'McDonaldization of society' hits micro food businesses

Wed, 02/07/2024 - 15:57
A distinct local food ecosystem from city to town to village runs contrary to a McDonald's model with its relentless search for uniformity

Microsoft in talks to end trade body's cloud complaint

Wed, 02/07/2024 - 14:18
Microsoft is in talks with CISPE in an attempt to resolve its European Union antitrust complaint about the US software giant's cloud computing licensing practices, the trade group said today.

ESB opens major battery plant at Poolbeg site in Dublin

Wed, 02/07/2024 - 13:39
ESB has officially opened a major battery plant at its Poolbeg site in Dublin, which will store excess renewable energy for discharge when needed.

IGNITE programme for start-ups opens for applications

Wed, 02/07/2024 - 13:12
The IGNITE programme at UCC is accepting new applications for its next start-up incubation programme.

Finnair weighs passengers in Helsinki study

Wed, 02/07/2024 - 12:57
Finnish carrier Finnair has begun weighing passengers with their carry-on luggage as part of a study aimed at better determining the weight of the aircraft before take-off, it said today.

Tube Tech: TVs are getting brighter but harder to see

Wed, 02/07/2024 - 12:41
TV technology seems to be constantly advancing, but sorting out the good from the gimmicks can be tricky, writes Adam Maguire.

UK house prices gain momentum in early 2024 - Halifax

Wed, 02/07/2024 - 11:58
British house prices rose 2.5% in the year to January, the strongest annual growth rate for a year, according to data from mortgage lender Halifax today which added to tentative signs of momentum in the housing market.

Applegreen invests €10m in new Limerick service area

Wed, 02/07/2024 - 11:32
Fuel and forecourt retailer Applegreen will create more than 80 new jobs with an investment of €10m in a new service area at the Clondrinagh Roundabout in Limerick.

Dublin Airport expansion 'essential' for economic growth

Wed, 02/07/2024 - 11:11
Minister of State Jack Chambers has said he believes the personal criticism of Minister for Transport Eamon Ryan by Ryanair CEO Michael O'Leary was "very unfair."

100 jobs for Dundalk at Pentagon Technologies

Wed, 02/07/2024 - 10:47
Pentagon Technologies Group has said that 100 jobs will be created at its facility in Dundalk over the next five years.

Galway's Chanelle Pharma sold to Exponent for up to €300m

Wed, 02/07/2024 - 10:42
Chanelle Pharma has been sold by its founder Michael H Burke to Exponent, a European private equity firm, for an undisclosed sum.

Snap misses revenue estimate, shares plunge 33%

Wed, 02/07/2024 - 10:16
Snap has missed Wall Street estimates for quarterly revenue as the Snapchat owner continued to struggle to compete against larger rivals for digital advertising revenue, sending its shares down 30%.

Ryanair again wins court challenge against KLM bailout

Wed, 02/07/2024 - 09:46
Ryanair has today won its second challenge against a €3.4 billion Dutch bailout for Air France-KLM's Dutch unit after Europe's second top court said EU competition regulators had erred in not taking into account other beneficiaries within the airline group.

Offshore wind firm Orsted cuts investment after review

Wed, 02/07/2024 - 09:06
Ørsted, the world's biggest offshore wind farm developer, trimmed its investment and capacity targets today and paused dividend payouts as part of a major review.

TotalEnergies warns on 2024 due to lower oil prices

Wed, 02/07/2024 - 08:50
TotalEnergies has today warned that weakness in refining margins would impact its 2024 results after lower oil prices drove a 31% decline in its adjusted income for the fourth quarter of 2023.

UK homebuilder Barratt buys rival Redrow in £2.52bn deal

Wed, 02/07/2024 - 08:45
Britain's biggest homebuilder Barratt will buy Redrow in an all-stock deal valuing its smaller rival at about £2.52 billion, they said today, aiming to capitalise on the fledgling recovery in the market.

WeWork founder Adam Neumann trying to buy back company

Wed, 02/07/2024 - 08:16
WeWork founder Adam Neumann is trying to buy back the flexible workspace provider that filed for bankruptcy in November, sources familiar with the matter has said.

Monte Paschi to pay first dividend in 11 years

Wed, 02/07/2024 - 08:08
State-owned Italian bank Monte dei Paschi di Siena has today posted a profit of €1.23 billion for the three months from October to December, hitting in a single quarter its guidance for the full year.

DCC reiterates operating profit guidance for the year

Wed, 02/07/2024 - 07:51
Business support services company DCC said it continues to expect that the year ending March 2024 will be another year of operating profit growth in line with expectations, as well as continued development activity.

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