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Updated: 2 hours 36 min ago

Finance Ireland reduces long-term fixed mortgage rates

Wed, 12/01/2021 - 17:15
Finance Ireland has reduced its long-term fixed mortgage interest rates.

Pandemic DIY boom boosts Homebase's Irish profits

Wed, 12/01/2021 - 16:43
Customers "falling back in love with their homes and gardens" during the pandemic contributed to pre-tax profits at the Irish arm of Homebase last year almost doubling to €8.09m.

KBC CEO says scale needed to make return in Ireland

Wed, 12/01/2021 - 16:04
The chief executive of departing KBC Bank Ireland has said he would probably not advise anyone to set up a full scale retail bank in Ireland similar to that of KBC.

Iberdrola to increase energy prices from January 1

Wed, 12/01/2021 - 15:01
Iberdrola Ireland said it will increase its gas and electriciy prices from January 1, becoming the latest energy supplier to announce price hikes.

Donohoe confident Omicron won't derail recovery

Wed, 12/01/2021 - 14:31
Finance Minister Paschal Donohoe is confident the euro zone's recovery can be sustained into next year even if the Omicron coronavirus variant requires new public health measures, he told the Reuters Next conference today.

Kingspan to chair sustainability group for F1 team

Wed, 12/01/2021 - 14:14
High performance insulation company Kingspan has joined the Mercedes-AMG Petronas Formula One Team in a global sustainability partnership.

National rail freight plan launched in Co Mayo

Wed, 12/01/2021 - 13:41
Iarnród Éireann has launched a national rail freight plan in Ballina in Co Mayo, which aims to increase operations in line with growth in demand across the EU.

New car registrations rise again in November - SIMI

Wed, 12/01/2021 - 13:18
The number of new car registrations rose again in November, according to the Society of the Irish Motor Industry.

EU plans €300bn international development fund

Wed, 12/01/2021 - 12:23
The European Commission has announced a plan to mobilise €300 billion in public and private infrastructure investment around the world, a move seen as a response to China's Belt and Road strategy.

EV charging start-up wins UCD award

Wed, 12/01/2021 - 12:09
A London-based electric vehicle charging start-up has won this year's UCD Start-Up of the Year Award.

Morgan McKinley to acquire outsourcing firm Abtran

Wed, 12/01/2021 - 12:03
Irish recruitment consultancy firm Morgan McKinley is to acquire outsourcing business Abtran for an undisclosed sum.

Jobless rate, including Covid-19 payouts, falls to 6.9%

Wed, 12/01/2021 - 11:00
The unemployment rate, including people receiving temporary Covid-19 jobless benefits, fell to 6.9% in November from 7.9% in October, the latest Central Statistics Office figures show today.

Irish SMEs show resilience in spite of pandemic - EY

Wed, 12/01/2021 - 10:52
A new survey shows that while 82% of Irish SMEs have been negatively impacted by the Covid pandemic, the disruption it has caused has amplified opportunities for an acceleration in online and digital initiatives.

OECD says inflation the main risk to economic outlook

Wed, 12/01/2021 - 10:23
The main risk to an otherwise upbeat global economic outlook is that the current inflation spike proves longer and rises further than currently expected, the OECD said today.

Euro zone factory growth picks up in November

Wed, 12/01/2021 - 10:11
Manufacturing growth in the euro zone accelerated slightly last month but supply chain bottlenecks worsened, putting a cap on output and driving the cost of raw materials up at the fastest rate in over two decades.

Primark opens its 400th global store in Sicily

Wed, 12/01/2021 - 09:37
Retailer Primark has opened its 400th global store in Sicily in Italy today.

Husqvarna sees battery-powered sales boost

Wed, 12/01/2021 - 09:03
Husqvarna, the world's biggest maker of power gardening tools, has raised its overall financial targets and growth ambitions for robotic lawn mowers and other battery-powered products.

Lockdowns sink Australian economy in third quarter

Wed, 12/01/2021 - 08:53
Pandemic-induced lockdowns caused Australia's economy to shrink 1.9% in the third quarter, a downturn that bucked the trend of a steady recovery in other wealthy nations.

Growth of renewable electricity to break records - IEA

Wed, 12/01/2021 - 08:18
The growth of renewable electricity capacity across the world is set to break records again this year and to accelerate in coming years, according to a new report from the International Energy Agency.

Oil climbs over 2% ahead of OPEC meeting

Wed, 12/01/2021 - 08:08
Oil prices rose more than 2% today, recouping some of the steep losses from the previous session, as major producers prepared to discuss how to respond to the threat of a hit to fuel demand from the Omicron variant.