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Updated: 2 hours 47 min ago

Danske Bank staff to get pay rise of 6.2% in 2023

Fri, 12/09/2022 - 13:29
Danske Bank staff are set for an average pay rise of 6.2%, after the bank and the Financial Services Union reached agreement on an enhanced pay review for next year.

Provider expects six-figure fines for broadband delay

Fri, 12/09/2022 - 13:28
The Chief Executive of National Broadband Ireland has said that the company is preparing to pay "a couple hundred thousand euro" in fines relating to delays in the rollout of the National Broadband Plan.

Pinergy to increase electricity prices again

Fri, 12/09/2022 - 13:08
Energy supplier Pinergy is to increase its residential electricity charges.

Tourism Ireland's behind-the-scene video gets 6m views

Fri, 12/09/2022 - 12:43
Tourism Ireland doubled its advertising spend on a promotional video for Banshees of Inisherin with its behind-the-scenes look at the critically-acclaimed movie going viral on social media.

AXA Life Europe fined €3.64m by Central Bank

Fri, 12/09/2022 - 11:49
The European life assurance and pensions arm of the AXA Group has been fined €3,640,000 by the Central Bank for a series of regulatory breaches.

Q3 planning permission for new apartments drops by 67%

Fri, 12/09/2022 - 11:28
Planning permission for new apartments fell by 67% to 2,347 in the third quarter of this year compared to the same period in 2021, according to new figures from the Central Statistics Office.

Number of new cars licensed in November up 9% - CSO

Fri, 12/09/2022 - 11:16
The number of new cars licensed in November rose by 9% compared with the same time last year, the latest Central Statistics Office figures show.

Totalenergies pulls out of Russia's Novatek

Fri, 12/09/2022 - 10:52
French oil giant TotalEnergies, one of the last Western holdouts in Russia after the war in Ukraine, said it was withdrawing its two members from Novatek's board and would take a $3.7 billion hit to write off the value of its stake in the Russian group.

Economic slowdown and inflation key risks for business

Fri, 12/09/2022 - 09:03
Up to a third of firms here may look to reduce staff numbers, a survey of business leaders by professional service firm Aon suggests.

Oil up on pipeline shutdown, but heads for weekly loss

Fri, 12/09/2022 - 08:48
Oil prices moved higher today as the closure of a major Canada-to-US crude pipeline disrupted supplies, but both benchmarks were headed for a weekly loss on worries over slowing global demand growth.

UK sets out new financial regulation reforms

Fri, 12/09/2022 - 08:30
Britain's finance ministry today set out plans to overhaul the financial sector including a review of rules to make bankers accountable for their decisions and easing capital requirements on smaller lenders.

Credit Suisse raises $2.4 billion in revamp cash call

Fri, 12/09/2022 - 08:16
Credit Suisse has hailed a "milestone" in its turnaround plan after raising 2.24 billion Swiss francs ($2.39 billion) as part of a 4 billion franc cash call.

US seeks to block Microsoft Activision Blizzard deal

Fri, 12/09/2022 - 07:37
The US goverment has moved to block Microsoft's $69 billion bid to buy "Call of Duty" maker Activision Blizzard, throwing a stumbling block in front of the tech giant's plans to rapidly expand its portfolio of popular games and catch up to bigger rivals.

UK financial watchdog fines Santander $107m

Fri, 12/09/2022 - 07:31
Britain's Financial Conduct Authority said today it had fined Santander £107.7m for "serious and persistent" gaps in the Spanish bank's anti-money laundering controls for more than 560,000 business customers.

BDO Ireland creates 100 jobs as it moves to new office

Fri, 12/09/2022 - 07:23
Accounting, tax audit, and business advisory firm BDO is investing €5m in a new office as it creates 100 new jobs.

Why women prefer male bosses

Fri, 12/09/2022 - 07:17
The queen bee syndrome may be why women usually find it more stressful to work for female bosses than for male bosses

Inflation in China falls below 2% in November

Fri, 12/09/2022 - 07:15
China's consumer inflation slowed further in November as it fell below 2% for the first time since March, official data showed today.

Primark owner sticks to forecast of lower profit

Fri, 12/09/2022 - 07:08
Primark and Penneys owner Associated British Foods today reiterated a November forecast that profit would fall in its 2022-23 financial year due to input cost inflation and dollar strength.

Met Éireann warns of 'long cold spell' into next week

Fri, 12/09/2022 - 07:04
Most counties remain under weather warnings tonight, with a mixture of scattered sleet and showers as well as icy stretches and freezing fog adding to a day of travel disruption.

EU tensions with Norway and UK over fisheries

Fri, 12/09/2022 - 06:00
A dispute has broken out between the EU, the UK and Norway over allegations that London and Oslo are siding with Russia over fisheries in the north east Atlantic.