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Updated: 1 hour 46 min ago

Beauparc buys biomass power station Tyrone Energy

Mon, 08/22/2022 - 11:07
Waste management company Beauparc has acquired Tyrone Energy, a biomass power station, for an undisclosed sum.

Euro back below parity against dollar again

Mon, 08/22/2022 - 11:01
The euro briefly fell back below parity against a robust dollar today and was languishing at five-week lows, weighed down by concern that a three-day halt to European gas supplies later this month will exacerbate an energy crisis.

Tariffs lesser of two evils - ISME

Mon, 08/22/2022 - 10:59
Power outages for energy intensive businesses would lead to temporary or permanent closures, according to ISME.

Cineworld - from chasing deals to turning off screens

Mon, 08/22/2022 - 09:52
A timeline of Cineword, which operates under the Cinema City, Picturehouse, Regal and Yes Planet brands, and its past and present struggles.

Vodafone to sell Hungarian business for $1.8 billion

Mon, 08/22/2022 - 09:20
Vodafone will sell its Hungarian business for 715 billion forints ($1.8 billion) in cash, it said today, in a deal that will create a locally-owned telecoms leader in the central European country.

China cuts interest rates to revive faltering economy

Mon, 08/22/2022 - 08:38
China cut its benchmark lending rate and lowered the mortgage reference by a bigger margin today, adding to last week's easing measures, as Beijing boosts efforts to revive an economy hobbled by a property crisis and a resurgence of Covid cases.

Wizz Air suspends relaunch of Russia-UAE flights

Mon, 08/22/2022 - 08:23
European budget carrier Wizz Air has suspended plans to resume flights from the Russian capital of Moscow to Abu Dhabi in the United Arab Emirates, amid mounting criticism over the relaunch decision this month.

Cineworld mulls filing for bankruptcy in the US

Mon, 08/22/2022 - 08:16
Cineworld said today it was considering options including a possible bankruptcy filing in the US as the world's second-largest cinema chain operator struggles with near term liquidity.

Oil slumps on fears over slowdown, stronger dollar

Mon, 08/22/2022 - 08:13
Oil prices slumped today, ending three days of gains, as investors were concerned aggressive US interest rate hikes will weaken the global economy and dent fuel demand while a strengthening dollar also added to pressure.

Credit Suisse appoints Francesca McDonagh as COO

Mon, 08/22/2022 - 08:03
Credit Suisse has today named Francesca McDonagh as its group chief operating officer from September 19 and Dixit Joshi as chief financial officer from October 1 - another top management reshuffle following the appointment of Ulrich Koerner as chief executive last month.

'Free education just doesn't exist' - school loans rise

Mon, 08/22/2022 - 07:33
Loan applications to do with back-to-school costs at Roscommon Credit Union have risen dramatically, according to CEO Bernie Moran.

Government seeking return of €34m in PUP over-payments

Sun, 08/21/2022 - 12:32
The Government is seeking the return of almost €34m which was wrongly claimed in Pandemic Unemployment Payments (PUP) at the height of the Covid-19 outbreak.

Are too many offices being built in Dublin?

Sun, 08/21/2022 - 06:00
Although rents for prime office accommodation are rising in the capital, uncertainty around firms' future office requirements, as well as recent decisions by a number of tech companies, has prompted some to question whether the market is being overdeveloped and heading for bubble territory.

Fiscal 'troika' departs Greece, 12 years after bailout

Sat, 08/20/2022 - 12:54
Greece has today concluded 12 years of European Union fiscal surveillance that was imposed in return for bailouts after a crushing debt crisis.

No small thing: The growth of microtransactions

Sat, 08/20/2022 - 07:00
In just over a decade microtransactions have gone from a minor annoyance for gamers to a multi-billion dollar industry. Now they leaking out of our smartphones and into the real world, writes Adam Maguire.

Christy Moore's music firm returns to profit

Fri, 08/19/2022 - 19:43
Christy Moore's music firm this year returned to profit as music fans flocked back to live venues to see the singer-songwriter perform live once more with the lifting of Covid-19 restrictions.

Bartra Healtcare sells four nursing homes for €161m

Fri, 08/19/2022 - 19:40
Bartra Healthcare has sold four nursing homes to Belgian REIT, Aedifica, in a deal worth €161m.

176 staff at Irish Water earning in excess of €100k

Fri, 08/19/2022 - 16:25
The numbers of staff earning over €100,000 at Irish Water last year increased by 43 from 133 to 176.

Cineworld shares drop over bankruptcy reports

Fri, 08/19/2022 - 15:31
Cineworld shares have dropped dramatically following reports it was preparing to file for bankruptcy "within weeks".

What goes on at the Workplace Relations Commission?

Fri, 08/19/2022 - 14:21
The WRC is a one stop shop for the resolution of a myriad of employment law issues and disputes