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Updated: 1 hour 22 min ago

Consumer sentiment hits 2 1/2 year high in July

Fri, 07/26/2024 - 06:00
The consumer mood has risen to its highest level in two and a half years, according to the latest Credit Union consumer sentiment index.

Wind energy planning decisions too slow, industry claims

Fri, 07/26/2024 - 05:00
An Bord Pleanála granted planning permission for just a quarter of the volume of wind energy projects needed to keep Ireland on track for Government climate targets in the first half of the year.

Commercial construction cost inflation flat in first half

Fri, 07/26/2024 - 05:00
Commercial construction inflation was 1.5% in the first half of the year, the same rate as the six months before that.

Minister reverses decision to suspend tillage scheme

Thu, 07/25/2024 - 19:07
The Minister for Agriculture has reversed a decision to suspend a €10 million scheme that paid tillage farmers to chop straw left over after harvesting cereals and reincorporate into the soil.

Plans to restrict traffic in Dublin city to go ahead

Thu, 07/25/2024 - 17:25
The Dublin City Manager has said that he will proceed with plans to change the way private cars can travel through the capital next month.

Meta to be fined for linking Marketplace and Facebook

Thu, 07/25/2024 - 16:56
Meta Platforms is set to be hit in a few weeks with its first EU antitrust fine for tying classified advertisements service Marketplace with its Facebook social network, people with direct knowledge of the matter said.

Ford slips as higher costs, EV unit take a toll on profit

Thu, 07/25/2024 - 16:35
Ford Motors' shares tumbled over 13% to a near six-month low today after the automaker missed second-quarter profit estimates, as it struggles with quality-related costs and stiff competition in its EV business.

Apple's China smartphone shipments drop 6.7%

Thu, 07/25/2024 - 16:31
Apple's smartphone shipments in China fell by 6.7% in the second quarter of 2024, as the tech giant faced intensifying competition from rivals like Huawei, according to data from market research firm Canalys.

American Airlines cuts annual profit forecast

Thu, 07/25/2024 - 16:22
American Airlines has cut its annual profit forecast, citing its previous sales and distribution strategy that drove away corporate travelers and hit its revenue.

US economy beats growth expectations in second quarter

Thu, 07/25/2024 - 15:09
US economic growth blew past expectations in the second quarter, boosted by consumer spending and inventory building despite high interest rates, government data showed today, after a slow start to the year.

Worker 'deceived' into unpaid overtime wins €10,000

Thu, 07/25/2024 - 14:56
A clerk at a logistics company who claimed she was "deceived" into clocking up hundreds of hours of unpaid overtime by working until 11pm nearly every day on the "promise of a promotion" has won €10,000 in compensation for excessive working hours.

Air France-KLM misses profit forecast on higher costs

Thu, 07/25/2024 - 14:37
Airline group Air France-KLM has today reported a worse-than-expected 30% drop in quarterly operating profit, as higher labour and fuel costs erode margins even as revenues are boosted by higher fares.

SIPTU agrees 21% pay deal for motor industry workers

Thu, 07/25/2024 - 14:28
SIPTU has agreed a new three-year pay deal with the Society of the Irish Motor Industry (SIMI), which secures a 21% increase in wages for craft workers employed across the sector over the next three years.

Pre-tax profits up 24% to €36.56m at Boots Ireland

Thu, 07/25/2024 - 14:08
Pre-tax profits at the Irish arm of pharmacy retail giant Boots last year increased by 24% to €36.56m.

GP's receptionist of 50 years wins further award at WRC

Thu, 07/25/2024 - 13:04
A GP's receptionist who is due €40,000 after claiming she got no response when the family surgery where she had spent nearly 50 years working was closed down has now won a further €12,000 after a tribunal heard she had been "replaced by two younger employees" while on medical leave.

Consumers remaining wary of high prices

Thu, 07/25/2024 - 12:56
Nestle and Unilever may be raising prices more slowly but it has not been enough to win back some cost-conscious customers, with the consumer goods giants delivering disappointing first-half sales growth today.

Hasbro's turnaround efforts help quarterly sales, profit

Thu, 07/25/2024 - 12:10
Hasbro has today posted a smaller-than-expected drop in second-quarter sales and beat profit expectations, helped by cost-control strategies and steady demand for digital gaming, sending shares of the toymaker up 10% before the bell.

Vessels at main Irish ports down 5% in first quarter

Thu, 07/25/2024 - 11:41
New figures from the Central Statistics Office show that Irish ports handled 12.1 million tonnes of goods in the first quarter of this year, an increase of 2% compared with the same time last year.

New home completions down 5.4% in second quarter - CSO

Thu, 07/25/2024 - 11:24
New figures from the Central Statistics Office show that the the number of new home completions in the second quarter of this year fell by 5.4%.

Truck driver jobs see 83% increase in demand - Indeed

Thu, 07/25/2024 - 10:58
New research from hiring platform Indeed shows that truck driver jobs have seen the biggest growth in demand so far this year.

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