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Updated: 1 hour 4 min ago

Top regulator pledges to hold Boeing accountable with 'more boots on the ground' at factories

Tue, 02/06/2024 - 17:56
US Federal Aviation Administration 'will consider the full extent of our enforcement authority to ensure Boeing is held accountable for any non-compliance', top official said  

Palantir shares soar 25% as AI technology firm boosts sales to US allies

Tue, 02/06/2024 - 17:37
Clients include engineering firm Jacobs, Ferrari, and the United Nations’ World Food Programme

Christmas Vat spend lifts total tax receipts to €7.8bn in January  

Tue, 02/06/2024 - 17:05
Income tax receipts of €2.9bn in January were up by €100m, or almost 3%, from a year earlier

Hertz posts loss amid plans to offload 20,000 Tesla electric cars

Tue, 02/06/2024 - 16:04
Losses worse than analysts had projected for the quarter

BP posts $3bn profit amid 'pragmatic' rethink of switch from oil and gas  

Tue, 02/06/2024 - 15:58
New CEO Murray Auchincloss took over when Bernard Looney abruptly stepped down for failing to fully disclose details of past personal relationships with colleagues

Eli Lilly joins frenzy with $175m in sales of its weight loss drug Zepbound in just weeks 

Tue, 02/06/2024 - 15:25
Eli Lilly has reported market-beating sales for its obesity drug Zepbound, just a few weeks after the launch of the weight-loss treatment in early ...

Kerry seafood restaurant the Fish Box to expand following €400,000 investment

Tue, 02/06/2024 - 14:45
The funding will see the Kerry business expand its customer intake as well as purchase a new food truck

Progress made on Cork Harbour offshore wind site

Tue, 02/06/2024 - 12:57
Cork Dockyard to be redeveloped to provide new berths and a large area for the temporary storage of wind turbine components prior to their installation offshore.

Corrib gas part-owner aiming to become largest biomethane producer in Ireland

Tue, 02/06/2024 - 12:56
Biomethane plants take agricultural and food production waste — including slurry, grass and crops — to generate gas that is converted into energy

Former Dell executive Aongus Hegarty appointed as Governance Chair of Lero

Tue, 02/06/2024 - 12:26
Mr Hegarty takes over the position from entrepreneur, Dr Sean Baker, a co-founder of IONA Technologies plc, who has held the role since 2015

Uisce Éireann announces 700 new jobs in range of roles

Tue, 02/06/2024 - 11:35
It marks the largest recruitment announcement to date

Ifac marks latest expansion with acquisition of Tipperary accountants

Tue, 02/06/2024 - 10:37
Agribusiness specialists said it marked another significant step in Ifac's ambitious growth strategy

BoI: Consumer spending will buoy Irish economy as exports remain sluggish and jobs growth slows 

Tue, 02/06/2024 - 00:05
Irish GDP which contracted in 2023 will grow this year, but by the less-than-expected rate of 1.5%

McGrath removes interest payments on €1.7bn 'warehoused' debt owed to State by firms

Mon, 02/05/2024 - 18:20
Any interest already paid at the previous rate of 3% will be refunded

Boeing hit with new setback after finding more faulty rivet holes on 737

Mon, 02/05/2024 - 16:00
Ryanair had said it foresees no delays for the yet-to-be-certified Max 10 plane

Simon Barry: Look to the labour market to better understand the health of the Irish economy 

Mon, 02/05/2024 - 15:26
Analysis of the first three quarters of 2023 confirms the decline in GDP last year was indeed about the multinationals, but the labour market offers much better news

IDA plans €900k public relations campaign on America's west coast

Mon, 02/05/2024 - 14:26
The target audience for the communication work will be leading decision makers at big tech and life sciences firms on the west coast

Heavy machinery maker Caterpillar gets boost from Biden's $1trn infrastructure spend 

Mon, 02/05/2024 - 13:29
Company's profit margins have been helped by a $28.1bn order backlog for construction equipment and demand from customers in oil and gas, power generation, rail and defence in the past year

McDonald's sales fall short of expectations amid Middle East fallout

Mon, 02/05/2024 - 13:04
McDonald's is among several Western brands that have seen protests and boycott campaigns against them over their perceived pro-Israeli stance

Novo spends €10bn to make more Wegovy weight loss drugs

Mon, 02/05/2024 - 12:50
The deal for Catalent has the backing of Elliott Investment Management, the activist investor, which has a stake in the US company

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