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Updated: 1 hour 32 min ago

Pound rise capped as Johnson 'serious' on no-deal

Tue, 06/25/2019 - 13:29
Dollar weakness allowed the pound to briefly scale a one-month high at one stage today.

AbbVie to buy Botox-maker Allergan in $63 billion deal

Tue, 06/25/2019 - 13:03
AbbVie said today it would buy Botox-maker Allergan in a cash-and-stock deal for about $63 billion to add fast-growing therapeutic businesses such as medical aesthetics and eye care to its portfolio.

Dublin to show strongest population growth up to 2036

Tue, 06/25/2019 - 12:42
A new report from the Central Statistics Office has predicted that the population of Dublin could increase by 31.9% by 2036.

Carpool app wins UCD Start-up competition

Tue, 06/25/2019 - 12:35
MLN, an app encouraging co-workers to carpool, has been declared the overall winner of the 2019 UCD Start-up Stars programme

New Look losses mount as Brexit, rain deters shoppers

Tue, 06/25/2019 - 11:01
Fashion chain New Look today reported a bigger annual pretax loss, hurt by a large charge, while Brexit woes and rainy weather kept shoppers out of its stores.

Today in the press

Tue, 06/25/2019 - 10:37
The exchequer reaped an inheritance tax windfall last year, as the amount collected reached a record high of some €466.3 million on the back of soaring property prices and largely unchanged tax free thresholds.

McDonald's: 'Long way to go' to remove all plastic

Tue, 06/25/2019 - 10:35
McDonald's is removing all single-use plastic packaging across its salad ranges this week. The plastic will be replaced with sustainably sourced cardboard containers.

UK car industry warns no-deal Brexit is not an option

Tue, 06/25/2019 - 09:57
Britain's car industry gas called for the country's next prime minister to secure a Brexit deal which keeps frictionless EU trade.

Digital bank Monzo tops £2 billion valuation

Tue, 06/25/2019 - 09:45
Fast-growing digital bank Monzo has completed a £133m funding round, valuing the UK lender at over £2 billion, the company said today.

New Facebook cryptocurrency

Tue, 06/25/2019 - 09:35
Social media giant Facebook last week announced its intentions to launch a cryptocurrency - Libra.

Oil prices drop amid demand worries

Tue, 06/25/2019 - 09:26
Oil fell this morning amid concerns over the outlook for crude demand, but prices were supported after Washington announced new sanctions on Iran amid mounting tensions in the Middle East.

'Tax us more,' US billionaires say

Tue, 06/25/2019 - 09:00
"Tax us more!" is the message from about 20 super-wealthy Americans who have urged presidential candidates to back higher taxes on the wealthiest to confront climate change and other priorities.

Carpetright narrows loss, says turnaround on track

Tue, 06/25/2019 - 08:35
British floor coverings chain Carpetright said its turnaround was on track as it reported a narrowing of 2018-19 losses and returned to underlying sales growth in its new financial year.

UniCredit puts possible Commerzbank bid on ice: sources

Tue, 06/25/2019 - 08:25
Italy's UniCredit has put a possible bid for Commerzbank on ice as the German rival does not want to engage in negotiations so soon after the collapse of merger talks with Deutsche Bank, four sources said.

Nissan shareholders approve post-Ghosn overhaul

Tue, 06/25/2019 - 08:20
Nissan shareholders today approved an overhaul intended to strengthen governance at the crisis-hit Japanese car maker.

Ireland runs risk of austerity-era cuts - economist

Tue, 06/25/2019 - 08:00
Politicians will be warned today that Ireland runs the risk of austerity-era spending cuts if it continues with existing expenditure plans.

Economic statement to address no-deal Brexit scenario

Tue, 06/25/2019 - 07:30
The Government is to publish its Summer Economic Statement after Cabinet, setting out the parameters for next year's Budget.

Summer statement to offer contrasting Budget visions

Tue, 06/25/2019 - 04:22
The Government's Summer Economic Statement will offer some clues as to what surprises October's Budget may hold.

FF writes to Donohoe over funding for no-deal Brexit

Mon, 06/24/2019 - 19:00
Fianna Fáil has written to the Minister for Finance urging him to ensure there is sufficient funding available to support sectors that would be hardest hit by a no-deal Brexit.

Facebook rejects calls for company to be broken up

Mon, 06/24/2019 - 18:26
Facebook has dismissed calls for a break-up of the world's biggest social network and other big internet companies, saying this would not tackle issues such as privacy, attempts to influence elections or harmful content.