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Updated: 2 hours 15 min ago

PTSB joins €500m loan scheme for Irish SMEs

Tue, 04/16/2024 - 10:03
PTSB is joining the Government's €500m Growth and Sustainability Loan Scheme for Irish SMEs, operated by the Strategic Banking Corporation of Ireland (SBCI).

Kilsaran launches two electric concrete trucks

Tue, 04/16/2024 - 09:46
Kilsaran, a major player in Ireland's construction industry, has announced the launch of two new electric concrete trucks.

Do you have maths anxiety?

Tue, 04/16/2024 - 09:25
A tension and anxiety around numbers and maths problems can have far-reaching impacts on an individual and society

Large fire topples spire at historic Copenhagen building

Tue, 04/16/2024 - 08:24
A large fire has broken out at Copenhagen's Old Stock Exchange, one of the Danish capital's most iconic buildings, engulfing its spire which collapsed onto the roof.

AIB makes three new appointments to Retail Banking team

Tue, 04/16/2024 - 08:15
AIB has made three new senior appointments to its Retail Banking team, which has over three million personal, mortgage and SME customers and 170 branches.

Dr Martens shares plunge to record low as firm names CEO

Tue, 04/16/2024 - 07:55
Shares in British bootmaker Dr Martens plunged as much as 30.4% in early trading in London this morning to a record low.

Ericsson says Q1 profit grows unexpectedly

Tue, 04/16/2024 - 07:48
Telecom equipment maker Ericsson has today posted a first-quarter adjusted profit that beat expectations and said sales might stabilise in the second half of the year despite weak demand for 5G gear.

International Paper's £5.8 billion deal for DS Smith

Tue, 04/16/2024 - 07:42
International Paper has today agreed to an all-share deal to buy DS Smith, valuing the British packaging firm at £5.8 billion and edging out a bid by Mondi.

UK wage growth eases as Bank of England mulls rate cut

Tue, 04/16/2024 - 07:31
British core wage growth slowed again, posting its weakest rise since the three months to September 2022 but remained strong by historical standards, according to official figures which are likely to be given a cautious welcome by the Bank of England.

Superdry plans to go private as it kicks off 3 year plan

Tue, 04/16/2024 - 07:26
British fashion chain Superdry has today launched a restructuring plan that would result in rent reductions for some of its stores, while announcing an equity raise which it said would allow it to delist from the London Stock Exchange.

Chinese economy beats growth expectations in Q1

Tue, 04/16/2024 - 07:18
China's economy expanded far more than expected in the first quarter of 2024, data showed today, but disappointing retail and industrial figures suggested leaders face severe headwinds to hit their annual growth target.

Restaurant closures since January to cost economy €288m

Tue, 04/16/2024 - 05:00
The Irish economy will lose up to €288m annually as a result of the closure of more than 200 restaurants, cafes and other food-led businesses so far this year, a new report claims.

GridBeyond raises €52m to fund its expansion

Tue, 04/16/2024 - 05:00
Smart energy company, GridBeyond, has raised €52m in fresh funding.

Meta seeks age verification implementation across Europe

Tue, 04/16/2024 - 00:01
Meta will call for age verification to be implemented across Europe at an Oireachtas committee hearing today. The social media company will tell politicians at the Oireachtas Committee on Children later today that in the US, the average teenager uses 44 applications on their phone.

'Significant' drop in job openings in first quarter

Tue, 04/16/2024 - 00:01
There was a 'significant' drop in job openings in the first quarter of the year, according to the latest Quarterly Employment Monitor from recruitment firm Morgan McKinley.

Work needed on systemic risks from non-banks - Makhlouf

Mon, 04/15/2024 - 21:40
The Governor of the Central Bank has called for continued global coordination that will lead to progress in dealing with systemic risks arising from the non-bank sector.

Eirgrid CEO Mark Foley steps down from role

Mon, 04/15/2024 - 16:18
The chief executive of Eirgrid, Mark Foley, has stepped down from his role.

Court winds up Ireland's only vinyl records manufacturer

Mon, 04/15/2024 - 15:56
The High Court has formally wound up Ireland's only vinyl records manufacturer with the loss of over 20 jobs.

Tax bill for woman with smuggled fuel on her farm reduced

Mon, 04/15/2024 - 15:51
A woman who was hit with a bill for almost €330,000 in unpaid excise duties following the discovery of a large amount of smuggled fuel on her farm had the sum reduced by over €254,000 on appeal.

US retail sales up more than expected in March

Mon, 04/15/2024 - 14:38
Retail sales in the US grew more than anticipated last month, government data showed today, defying predictions of weaker consumer demand.

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