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Adidas hikes 2024 earnings guidance on Samba success

Tue, 07/16/2024 - 18:03
German sportswear maker Adidas is increasing its full-year earnings guidance after a better than expected second quarter, it said today, in its second upgrade this year.

Government urged to change digital game tax credit

Tue, 07/16/2024 - 14:57
The Government is being urged to make changes to a digital game tax credit launched in 2022 in order to make it more attractive to the industry.

IMF sees steady growth, warns of slowing disinflation

Tue, 07/16/2024 - 14:44
The global economy is set for modest growth over the next two years amid cooling activity in the US, a bottoming-out in Europe and stronger consumption and exports for China, but risks to the path abound, the International Monetary Fund said today.

Tech firm ordered to pay sales director €112,000

Tue, 07/16/2024 - 14:38
American tech firm PluralSight has been ordered to pay an Irish sales director €112,000 over the handling of her redundancy during a round of staff cuts in 2022.

What are my consumer rights if a concert goes out of tune?

Tue, 07/16/2024 - 14:23
The controversy around Nicki Minaj's recent Dublin concert raises questions about our consumer rights when we buy concert tickets

Howth locals oppose €60m Glenveagh apartment scheme

Tue, 07/16/2024 - 14:22
It is very disillusioning for concerned Howth locals to be constantly writing objections against high density apartment schemes "that are not in keeping with what is the essence of Howth, which is old world and beautiful". That is according to one objector, Maria Doyle, who along with the Howth &

Immigration could drive population to 7m by 2057 - CSO

Tue, 07/16/2024 - 13:52
Ireland's population could grow to just over 7 million people by 2057 under a growth scenario projected by the Central Statistics Office (CSO).

Euro zone households seek loans again after two years

Tue, 07/16/2024 - 13:09
Euro zone households are applying for loans in growing numbers for the first time in two years as they grow more optimistic about the economy and interest rates fall, a European Central Bank survey showed today.

158 new social homes built in first three months of 2024

Tue, 07/16/2024 - 12:58
In the first three months of this year 158 new social homes were built.

Morgan Stanley's profit up as investment banking recovers

Tue, 07/16/2024 - 12:44
A resurgence in investment banking helped Morgan Stanley's profit beat Wall Street expectations for the second quarter, but weakness in its key wealth business sent the bank's shares nearly 3% lower before the bell today.

Bank of America profit down on shrinking interest income

Tue, 07/16/2024 - 11:56
Bank of America's profit fell in the second quarter as its income from interest on loans shrank and it set aside more money to cover potential credit losses.

General government surplus of €0.5 billion in Q1 - CSO

Tue, 07/16/2024 - 11:25
New figures from the Central Statistics Office show that total Government revenue rose to €28.8 billion in the first quarter of 2024, €1.3 billion higher than the same time last year.

Oil prices fall on lingering demand concerns in China

Tue, 07/16/2024 - 10:50
Oil prices dipped today on worries of a slowing Chinese economy crimping demand and despite a growing consensus the US Federal Reserve could begin cutting its key interest rate as soon as September.

German investor morale falls in July, ZEW says

Tue, 07/16/2024 - 10:34
German investor morale worsened more than expected in July, falling for the first time in a year and showing that recovery in the euro zone's largest economy will be bumpy.

Stripe's valuation hits $70 billion in Sequoia deal

Tue, 07/16/2024 - 10:10
Irish-founded payments platform Stripe's valuation has edged up to $70 billion as Sequoia Capital offers to buy shares from its investors looking to cash out of the fintech that helps merchants process customer payments.

48% of Dublin pubs say VAT hike led to fall in business

Tue, 07/16/2024 - 10:05
Nearly half of Dublin pubs (48%) who serve food say the VAT increase has led to a drop in their business, new research conducted by the Licensed Vintners Association (LVA) shows.

Datapac overhauls Irish Equine Centre's IT system

Tue, 07/16/2024 - 09:26
Enniscorthy-based IT services provider Datapac has overhauled the Irish Equine Centre's IT infrastructure in an effort to drive equine disease diagnosis and research.

German regulator finds error in Deutsche Bank filing

Tue, 07/16/2024 - 08:09
German bank regulator BaFin has found that Deutsche Bank had incorrectly disclosed deferred tax assets in its 2019 consolidated financial statement, it said today.

Russia's Kaspersky Lab to wind down US operations

Tue, 07/16/2024 - 07:31
Kaspersky Lab will gradually wind down its US operations from July 20, the Russian anti-virus software maker has said, nearly a month after the Biden administration announced plans to bar sales of the company in the country.

TotalEnergies and SSE to launch EV charging firm

Tue, 07/16/2024 - 07:21
French oil major TotalEnergies and UK power firm SSE are seeking to grab a 20% share of the electric vehicle (EV) fast-charging market in Britain and Ireland by launching a joint venture named Source, the companies said today.

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