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Updated: 1 hour 21 min ago

Berkeley flags inflation woes, sticks to profit outlook

Fri, 03/11/2022 - 08:12
UK housebuilder Berkeley has highlighted persistent strong demand in an under-supplied housing market, while flagging worries around accelerating inflation, supply chain disruptions and cladding issues.

Deutsche Bank CEO gets 20% pay rise for 2021

Fri, 03/11/2022 - 07:52
Deutsche Bank paid its chief executive officer €8.8m in 2021, a 20% increase from a year earlier, the lender said today, as Germany's biggest bank came under fire for refusing to sever ties with Russia.

Heathrow traffic still 50% down on pre-Covid levels

Fri, 03/11/2022 - 07:40
London's Heathrow Airport said passenger numbers in February remained nearly 50% down on pre-pandemic levels, with only 2.8 million passengers travelling through the UK's hub airport, 15% below its forecast.

UK economy rebounds strongly in January - ONS

Fri, 03/11/2022 - 07:13
Britain's economy rebounded much more than expected in January from its coronavirus-related lull in late 2021, according to data today that likely adds to the case for Bank of England policymakers to raise interest rates next week.

Oracle profit hit by higher cloud ramp-up costs

Fri, 03/11/2022 - 07:10
Oracle has forecast fourth-quarter profit above Wall Street estimates as the legacy software firm expects its heavy cloud investments to pay off, as more businesses ramp up their spending to support hybrid work and transition to cloud.

Moscow retaliates against sanctions with export bans

Fri, 03/11/2022 - 07:04
Russia has sought to retaliate against Western sanctions imposed over its invasion of Ukraine by banning exports of certain goods and agricultural commodities.

Oil prices heading for sharp weekly decline

Fri, 03/11/2022 - 07:00
Oil prices stabilised this morning as they remained on track for their biggest weekly drops since November after see-sawing on fears

Fuel sector defends position in letter to Taoiseach

Fri, 03/11/2022 - 06:01
Fuels for Ireland, the industry body for fuel suppliers and retailers, has written to Taoiseach Mícheál Martin to express its members' deep unhappiness at what it claims have been misleading statements about the sector

Airlines and airports call for end to Covid-19 measures

Thu, 03/10/2022 - 23:06
European and international airlines and airports have called for an end to pandemic measures such as proof of vacccination and mask wearing for European domestic flights