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Updated: 1 hour 15 min ago

Iberdrola Renewables powers up Meath battery system

13 hours 30 min ago
Iberdrola Renewables has powered up its first commercial-scale Battery Energy Storage System (BESS) in the east of Ireland after an investment of €28m.

Mike Ashley's Frasers buys 29% stake in Mysale

13 hours 38 min ago
Mike Ashley's Frasers Group has acquired a 28.7% holding in MySale, sending shares in the Australian-based fashion marketplace up 20%.

IMF says Sri Lanka is on track for agreement

14 hours 4 min ago
The International Monetary Fund had constructive and productive discussions with the Sri Lankan authorities on economic policies and reforms to be supported by an IMF extended fund facility arrangement, it said in a release today.

French inflation in June hit record high of 6.5%

14 hours 13 min ago
French inflation climbed further in June from the previous month to a record high of 6.5%, according to official preliminary figures today, adding further headwinds to the euro zone's second-biggest economy.

Google targeted in EU consumer groups' privacy claims

14 hours 44 min ago
Alphabet unit Google has been targeted by a French consumer group and its peers in complaints to privacy watchdogs over its vast trove of users' personal data harvested via their Google accounts, European consumer organisation BEUC said today.

UK posts record current account gap

14 hours 55 min ago
The UK economy grew the same as previously thought in the first three months of 2022, when the public had yet to feel the effects of a rise in inflation which now threatens to cause a recession.

241 new jobs in eight IDA Ireland high growth companies

15 hours 1 min ago
IDA Ireland have announced the creation of 241 jobs in Dublin, Galway, Letterkenny and Limerick across eight high growth companies from Europe and the US.

Shanghai Disneyland re-opens after three-month closure

15 hours 2 min ago
More than 1,000 visitors streamed in as the Shanghai Disney Resort theme park opened after a closure of three months, with face masks and social distancing the order of the day.

Kraft Heinz pulls products from Tesco in UK pricing row

15 hours 19 min ago
US food giant Kraft Heinz has stopped supplying some products to supermarket group Tesco in the UK, which resisted charging its customers higher prices for them at a time of surging inflation.

Linked Finance raises SME loan limit to €500,000

16 hours 18 min ago
Non-bank lender Linked Finance has increased its maximum loan size, from €300,000 to €500,000.

Vodafone Ireland to upgrade its 3G network

22 hours 17 min ago
Vodafone Ireland has announced that it is to begin a phased programme to upgrade its entire 3G service from late 2022.

Broadband roll-out ahead of 'revised targets'

Wed, 06/29/2022 - 19:52
The roll-out of rural broadband is ahead of its "revised targets", and may well finish the year a month ahead of schedule, an Oireachtas committee has heard.

Ireland's richest person Pallonji Mistry dies, aged 93

Wed, 06/29/2022 - 19:26
Ireland's richest person, Pallonji Mistry, has died at the age of 93.

62 criminal charges brought after ODCE investigations

Wed, 06/29/2022 - 18:48
Sixty two criminal charges were brought last year against individuals arising from investigative work by the Office of the Director of Corporate Enforcement.

Learnovate Centre raises €3m in funding for next phase

Wed, 06/29/2022 - 16:47
The Learnovate Centre has secured €3m in funding as it aims to double in size over the coming years.

German inflation unexpectedly cools off in June at 8.2%

Wed, 06/29/2022 - 16:20
German inflation dipped in June, the first month that the effects of government measures to dampen high fuel prices were included, data showed today.

Aquaculture drives aquatic food yields to new high

Wed, 06/29/2022 - 16:04
The amount of fish, shellfish and algae caught in the wild and farmed in aquaculture hit a record 214 million tonnes in 2020, the Food and Agriculture Organization said today.

Tesla closes US office as layoff hits Autopilot jobs

Wed, 06/29/2022 - 15:25
Tesla has closed its office in San Mateo, California and laid off roughly 200 employees working on its Autopilot driver-assistant system there, one of the people told Reuters, in a move seen as accelerating cost-cutting.

Britain extends steel tariffs in breach of trade rules

Wed, 06/29/2022 - 15:17
Britain has today extended a package of tariffs and quotas on five steel products by two years to shield local steelmakers.

Central Bank, BPFI, banks meet again ahead of exits

Wed, 06/29/2022 - 13:38
Senior executives from the five retail banks along with Banking and Payments Federation Ireland attended a CEO roundtable meeting with the Central Bank yesterday, following on from an initial meeting in May.

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