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Cineworld to exit some UK sites in restructuring plan

Thu, 07/04/2024 - 11:59
Cinema chain operator Cineworld Group wants to close roughly a quarter of its 100 sites in the UK and negotiate rent reductions at another 50 as part of a radical restructuring, Sky News reported today.

German industrial orders decline again in May

Thu, 07/04/2024 - 11:48
German factory orders fell for a fifth consecutive month in May, official data showed today, the latest sign that the recovery in Europe's biggest economy was struggling to gain momentum.

EU imposes duties on China-built EVs

Thu, 07/04/2024 - 11:28
The European Union will impose tariffs of up to 37.6% from tomorrow on imports of electric vehicles made in China, EU officials said today, ratcheting up trade tension with Beijing.

Goods transported by road last year up 1% on 2022 - CSO

Thu, 07/04/2024 - 11:13
New figures from the Central Statistics Office show a slight increase in the amount of goods transported by road last year.

Spending rises swiftly as the Taylor effect hits Dublin

Thu, 07/04/2024 - 10:59
The latest Bank of Ireland Spending Pulse, which analyses debit and credit card spending, reveals the economic impact of Taylor Swift's three day of concerts in Dublin last weekend.

Irish Dog Foods to supply ALDI US stores in new deal

Thu, 07/04/2024 - 09:53
Naas-based Irish Dog Foods said today it has agreed a trial contract, worth $400,000, with ALDI to supply product to three regions of ALDI's US stores.

Budget to be brought forward to 1 October - Chambers

Thu, 07/04/2024 - 08:29
Budget 2025 is to be brought forward one week to Tuesday 1 October, Minister for Finance Jack Chambers has said.

Tokyo shares close at new all-time high

Thu, 07/04/2024 - 08:28
Tokyo shares surged to a new record close today, as bullish global investors continue to drive up US tech stocks.

UK's Barclays to sell German consumer finance business

Thu, 07/04/2024 - 08:19
Barclays is selling its German consumer finance business to Austrian bank BAWAG Group for a small premium to net assets, it said today, as the British lender aims to simplify its business.

Concerts, festivals, sport events boost eir's data usage

Thu, 07/04/2024 - 08:05
Eir said it carried over 50 terabytes of data across its event mobile sites last weekend.

Non-alcohol beer sales grew by 18% in 2023 - report

Thu, 07/04/2024 - 07:53
Non-alcohol beer continues to grow in popularity, according to new report from Drinks Ireland|Beer, which shows that non-alcoholic beer sales grew by 18% last year.

Glenveagh Properties on track for 2024 earnings guidance

Thu, 07/04/2024 - 07:33
Homebuilder Glenveagh Properties said today it was on track to deliver its full year earnings per share guidance.

Norwegian Air lowers 2024 profit forecast

Thu, 07/04/2024 - 07:16
Norwegian Air has today lowered its operating profit forecast for 2024 to between 2.1 billion and 2.6 billion crowns ($199.07m to $246.47m).

Housing is biggest barrier to growth of US companies here

Thu, 07/04/2024 - 05:00
Over half of American companies with operations in Ireland expect to increase employee numbers in the next 12 months, but housing remains their biggest barrier to growth.

TCS wins pension auto-enrolment contract as bill passes

Thu, 07/04/2024 - 05:00
Tata Consultancy Service (TCS) has been named by the Department of Social Protection as the preferred bidder to manage the pension auto-enrolment system.

Low pay among concerns for early years workers - survey

Thu, 07/04/2024 - 00:01
Early years educators working in the childcare sector are worried about low pay, staff shortages and stress according to a new survey from SIPTU.

Budgetary dilemma for Govt as corporation tax rolls on

Wed, 07/03/2024 - 19:28
We may still be four months out from the budget. But make no mistake about it, the debate, disputes and wrangling about what should and should be in it, is well under way, writes Will Goodbody.

Harris meets banks over mortgage interest rates

Wed, 07/03/2024 - 18:24
The Taoiseach has told the banks he wants people to feel the benefits of reduced monthly mortgage repayments as quickly as possible as interest rates begin to fall.

Irish Rail employee awarded €47,000 for unfair dismissal

Wed, 07/03/2024 - 18:21
An Irish Rail worker who was fired after he was convicted of moving drugs in a company van has been awarded almost €50,000 for unfair dismissal by the Workplace Relations Commission.

Tax take for first half of year up 9% - exchequer figures

Wed, 07/03/2024 - 16:30
The State took in a total of €44.7 billion in tax in the first six months of the year, up more than 9% on the same period last year, the latest exchequer returns show.

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