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Hargreaves Lansdown agrees to takeover by CVC consortium

Fri, 08/09/2024 - 08:53
British investment platform Hargreaves Lansdown has today agreed to a £5.44 billion takeover by an international consortium, which is betting on grabbing market share in the increasingly competitive UK wealth market.

Construction industry calls for 'expansionary' Budget

Fri, 08/09/2024 - 08:44
One third of building companies surveyed in the latest Construction Industry Federation's Construction Outlook Survey reported an annual increase in turnover during the second quarter of 2024.

KBC upbeat on interest income as loan demand picks up

Fri, 08/09/2024 - 08:07
Belgian bank KBC has raised its 2024 growth forecasts for lending and net interest income (NII) after they drove stronger than expected second-quarter profits.

FBD's half year profits fall due to rising car claims

Fri, 08/09/2024 - 07:52
Insurance company FBD Holdings has reported an 18% drop in half year profits, which it partly blamed on double digit inflation in motor damage claims.

UK homebuilder Bellway posts revenue ahead of market view

Fri, 08/09/2024 - 07:25
UK homebuilder Bellway has today reported annual revenue ahead of market expectation, as a moderation in mortgage rates eased affordability concerns in a challenging housing market.

Generali's H1 operating profit up, natural disasters hit

Fri, 08/09/2024 - 07:17
Generali has today posted a rise in first-half operating profit thanks to its life and wealth management businesses, while its non-life segment suffered a rising impact from natural disasters, Italy's top insurer said today.

German inflation confirmed at 2.6% in July

Fri, 08/09/2024 - 07:11
German inflation rose in July to 2.6%, the federal statistics office said today, confirming preliminary data.

China consumer prices hit five-month high, top forecasts

Fri, 08/09/2024 - 07:06
Chinese consumer inflation rose more than expected in July to hit a five-month high, data showed today, providing some much-needed positive news on the world's second biggest economy.

Gardaí warn students over accommodation scams

Fri, 08/09/2024 - 07:00
Gardaí are advising students to be cautious of rental scams ahead of the new academic year.

Drawdown of car loans hits record high in first quarter

Fri, 08/09/2024 - 05:00
Strong demand for cars helped drive volumes in the personal loans market during the first three months of the year.

UN approves its first treaty targeting cybercrime

Fri, 08/09/2024 - 00:18
UN member states have approved a treaty targeting cybercrime, the body's first such text, despite fierce opposition from human rights activists who have warned of potential surveillance dangers.

Apple makes changes to App Store after EU warning

Thu, 08/08/2024 - 18:02
Apple has announced changes to its App Store after the European Union accused the iPhone maker of breaking the bloc's landmark new digital rules.

Ryanair adds to share buyback plans after delivery delays

Thu, 08/08/2024 - 17:54
Ryanair has said it will buy back up to €800m more of its shares over the next six to nine months due to a stronger than expected cash position, driven partly by the delayed delivery of new Boeing aircraft.

X to pause using European user data to train AI systems

Thu, 08/08/2024 - 17:36
The operator of the 'X' social media platform has given an undertaking to the High Court to temporarily cease processing the personal data of its European users to train any of its Artificial Intelligence systems.

C&C strikes deal with activist shareholders over board

Thu, 08/08/2024 - 16:16
Drinks group C&C has struck a deal with activist shareholders that will see the firm appoint one new non-executive director with capital markets experience to the board from an agreed short-list of nominees.

New Boeing CEO plans day one presence on factory floor

Thu, 08/08/2024 - 15:49
Boeing's new CEO began work at the embattled aviation giant, vowing a personal presence on the factory floor so as to be closer to operations.

WRC dismisses TikTok staff member's work from home case

Thu, 08/08/2024 - 15:19
A TikTok worker who said her employer "completely disregarded" her needs in denying her request to exclusively work from home has had her complaint dismissed by the Workplace Relations

US weekly jobless claims fall more than expected

Thu, 08/08/2024 - 14:56
The number of Americans filing new applications for unemployment benefits fell more than expected last week, suggesting fears the labour market is unravelling were overblown and the gradual softening in the labour market remains intact.

Aer Lingus to close cargo facility at Shannon Airport

Thu, 08/08/2024 - 14:18
Aer Lingus has confirmed plans to close its cargo facility at Shannon Airport before the end of the year.

Higher VAT rate for hospitality to remain - Minister

Thu, 08/08/2024 - 13:43
The Minister for Public Expenditure and Reform has said the higher VAT rate for hospitality will remain, despite claims by the Restaurants Association of Ireland that hundreds of businesses are closing as a result.

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