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Updated: 1 hour 21 min ago

Dunnes Stores submits plans for Crumlin shopping centre

Mon, 03/27/2023 - 18:46
Family owned retail giant, Dunnes Stores has lodged plans for a 'landmark' shopping centre for Crumlin in Dublin 12 with the potential to provide up to 450 jobs when operational.

Railway signal man loses WRC dismissal case

Mon, 03/27/2023 - 18:36
An Irish Rail Signal Man who inadvertently allowed a train to traverse a level crossing while the barrier was up on his watch has lost his claim for unfair constructive dismissal.

D8 hotel plans refused due to over concentration fears

Mon, 03/27/2023 - 18:26
Dublin City Council has refused planning permission for a planned eight storey hotel scheme for Dublin 8 as it would exacerbate the existing over-concentration of hotel developments for the area.

Eli Lilly doubles investment in Limerick plant to $1bn

Mon, 03/27/2023 - 18:05
Pharma giant Eli Lilly is to double the amount it is investing in a new biologics manufacturing facility in Limerick to $1 billion.

Former Fianna Fáil councillor writes off €4.4m in debt

Mon, 03/27/2023 - 17:20
The High Court has approved a Personal Insolvency Arrangement allowing a former Fianna Fáil councillor and General Election candidate to write off over €4.4m in debt.

Almost €97 billion held in deposits by banks here

Mon, 03/27/2023 - 16:08
At the end of last year, Irish resident banks held "just over €5.6 billion" in current account balances and "just under €97 billion" on deposit at the Central Bank, according to correspondence sent from the Bank to Sinn Féin's Finance Spokesperson Pearse Doherty.

Skerries LDA scheme gets approval, Balbriggan refused

Mon, 03/27/2023 - 15:58
An Bord Pleanala has refused planning permission for a new "car dependent" 127 residential unit SHD scheme for a site near Balbriggan after a developer failed to put in adequate pedestrian and bicycle infrastructure to serve the scheme.

Alitalia must repay €400m illegal state aid, EU says

Mon, 03/27/2023 - 15:27
Alitalia, the predecessor of Italian state-owned airline ITA Airways, will have to repay a €400m loan to the Italian government because the money breached EU state aid rules, EU competition authorities said today.

Glenveagh CEO saw 63% rise in remuneration package

Mon, 03/27/2023 - 15:18
The chief executive of one of Ireland's largest homebuilders, Glenveagh Properties, saw his total remuneration package last year increase by 63% to over €1.6m.

Chelsea say Abramovich sanctions a factor in losses

Mon, 03/27/2023 - 15:05
Chelsea say government sanctions imposed on former owner Roman Abramovich were a factor in the club's losses of £121.3m for the 2021/22 season.

Don't lose sight of climate-related risks: Central Bank

Mon, 03/27/2023 - 13:53
Pay policy at insurers and reinsurers must be consistent with the objectives of their business and risk strategy, culture and values around climate change risk, the Central Bank says.

EU-German deal to map path for e-fuel cars after 2035

Mon, 03/27/2023 - 13:36
The European Commission has agreed to propose a legal route to exempt cars than run on e-fuels from the EU's 2035 phaseout of new combustion engine vehicles to resolve a row with Germany over Europe's main car climate policy.

CVC Capital Partners plans bid for parts of Cineworld

Mon, 03/27/2023 - 12:33
Private equity firm CVC Capital Partners has approached British cinema operator Cineworld Group for a takeover offer of parts of the embattled group, Sky News reported today.

Tirlán launches its new graduate programme

Mon, 03/27/2023 - 12:19
Tirlán, formerly known as Glanbia Ireland, has launched its new graduate programme with a wide range of opportunities and career progression prospects.

Oil gains some ground as investors assess banks, Russia

Mon, 03/27/2023 - 12:01
Oil prices rose today as investors assessed efforts by authorities to rein in concerns over the global banking system while Russian President Vladimir Putin's plans to place tactical nuclear weapons in Belarus ratcheted up tensions in Europe.

Largest strike in decades brings Germany to standstill

Mon, 03/27/2023 - 11:49
Airports and bus and train stations across Germany are at a standstill this morning, causing disruption for millions at the start of the working week during one of the largest walkouts in decades as Europe's biggest economy reels from inflation.

Euro zone lending slows again in February - ECB

Mon, 03/27/2023 - 10:30
Bank lending to euro zone companies slowed for the fourth month in a row as an economic downturn and increased caution from lenders appear to be taking their toll, European Central Bank data showed today.

German business sentiment unexpectedly rises in March

Mon, 03/27/2023 - 10:28
German business morale unexpectedly rose in March, adding to signs that Europe's largest economy is stabilising despite recent turmoil in the banking sector, a survey showed today.

The biggest financial crises of the last four decades

Mon, 03/27/2023 - 09:08
Markets have experienced massive upheaval in the last month, prompted in part by two of the three largest banking failures in US history while Swiss lender Credit Suisse was bought by rival UBS Group AG in a merger engineered by Swiss regulators.

Classic Mineral Water agrees new €4.4m deal with Aldi

Mon, 03/27/2023 - 08:57
Armagh-based Classic Mineral Water has inked a new £3.8m/€4.4m deal to supply all of Aldi Ireland's 155 stores with its range of drinks over the next year.