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Updated: 59 min 35 sec ago

Did Ireland's 'bad bank' NAMA work?

Sat, 06/14/2025 - 07:01
At the height of the financial crisis in 2009 Ireland set up the National Asset Management Agency, better known as NAMA.

US Steel, Nippon Steel partnership deal approved

Sat, 06/14/2025 - 04:27
US President Donald Trump signed an executive order approving a partnership between US Steel and Nippon Steel after the companies reached agreement on US national security guarantees.

Trump approves US Steel, Nippon Steel partnership

Sat, 06/14/2025 - 04:27
President Donald Trump signed an executive order approving a partnership between US Steel and Nippon Steel after the companies reached agreement on US national security guarantees.

Chair of Enterprise Ireland and Housing Agency resigns

Fri, 06/13/2025 - 17:03
Businessman Michael Carey has resigned as Chair of Enterprise Ireland and Chair of the Housing Agency.

Bin lorry cameras to detect waste contamination

Fri, 06/13/2025 - 15:11
The Panda waste company has said it intends to roll out more detection cameras on its trucks across the country over the next year.

Kinsale locals to submit petition against mussel farm

Fri, 06/13/2025 - 13:36
More than 3,000 people have signed a petition objecting to the granting of planning permission for a mussel farm in Kinsale, Co Cork.

Tesla upgrades its Model S and X cars in US

Fri, 06/13/2025 - 13:08
Tesla has upgraded its Model S and Model X cars in the US and raised their prices by $5,000, according to the electric vehicle maker's post on X and its website.

Hopes of London property market revival

Fri, 06/13/2025 - 13:07
Demand for premium office space in cities like London and Paris is heating up as more companies order staff back to the office, but investment is lagging and could worsen a supply crunch, property sources said.

Novo Nordisk regains crown as Europe's most valuable firm

Fri, 06/13/2025 - 12:37
Drugmaker Novo Nordisk is once again Europe's largest company by market capitalisation, rising above German software firm SAP today.

EU trade surplus with US grows in April despite tariffs

Fri, 06/13/2025 - 12:15
The European Union's goods trade surplus with the US expanded in April even after US tariffs, data released today showed, while the bloc's exports to China dropped for a ninth consecutive month.

Minister for Housing defends new Govt rental measures

Fri, 06/13/2025 - 12:04
The Minister for Housing has defended new measures in relation to the rental market, saying they strike a balance between protecting tenants and supporting investment.

Mortgage arrears continue downward trend in Q1

Fri, 06/13/2025 - 11:52
New figures from the Central Bank show that the number of mortgage accounts in arrears for more than 90 days during the first quarter of 2025 was at their lowest level since 2009.

Lone Star agrees to sell Portugal's Novo Banco to BPCE

Fri, 06/13/2025 - 10:55
French banking group BPCE has agreed to buy US private equity fund Lone Star's 75% stake in Novo Banco in a deal that values Portugal's fourth-largest bank at €6.4 billion, following a wave of consolidation in European banking.

Pearson to raise India headcount by 43% in three years

Fri, 06/13/2025 - 10:32
UK-based Pearson plans to boost its workforce in India by about 43% to 2,000, an executive told Reuters today, months after the education firm named India one of its top three priority markets globally.

Irish prices 11% higher for US tourists as dollar falls

Fri, 06/13/2025 - 09:42
Oil prices have surged after Israel launched an attack on Iran's nuclear programme with financial markets anxious over retaliatory action.

Optimism among small Irish firms falling amid uncertainty

Fri, 06/13/2025 - 09:03
A new survey from professional services firm Azets Ireland shows that Irish mid-market, owner-managed and family-owned businesses rate their economic prospects at 5.5 out of 10, down from 6.5 last November.

Meta poaches Scale AI CEO after taking stake in startup

Fri, 06/13/2025 - 08:23
Facebook-owner Meta has invested in Scale AI in a deal that values the data-labeling startup at $29 billion and brings in its 28-year-old CEO, Alexandr Wang, to play a prominent role in the tech giant's artificial intelligence strategy.

Stellantis boss urges adoption of smaller, cheaper cars

Fri, 06/13/2025 - 08:03
Europe needs to develop smaller and cheaper vehicles in the style of Japan's so-called "kei cars", Stellantis Chairman John Elkann has said, as high prices, which he blamed on regulation in the region, weigh on consumer demand.

Ireland, Switzerland added to US Treasury monitoring list

Fri, 06/13/2025 - 07:53
No major US trading partner manipulated its currency in 2024, the Treasury Department said in the first semi-annual currency report of President Donald Trump's new administration.

IMF says July forecasts to take into account trade deals

Fri, 06/13/2025 - 07:41
The International Monetary Fund said its next global growth forecast in July will take into account both positive and negative trade developments but declined to predict a tariff-driven GDP downgrade similar to that released by the World Bank this week.

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