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IDA Ireland brand 'misquoted' and 'confused' review found

Fri, 11/08/2024 - 11:49
A brand review of the state investment agency IDA Ireland found it was often "mis-quoted" and "confused" for other organisations including the Irish Dental Association, Enterprise Ireland or the Department of Enterprise.

Waystone Fund Management fined for rule breaches

Fri, 11/08/2024 - 11:37
The Central Bank has fined Waystone Fund Management €393,512 for breaching requirements of the European Union (Alternative Investment Fund Managers) Regulations 2013 between May 2018 and August 2020.

Live Register figures edge 0.4% higher in October - CSO

Fri, 11/08/2024 - 11:20
New figures from the Central Statistics Office show that the seasonally adjusted Live Register total for October rose by 0.4% to 169,000 people - an increase of 700 people from the previous month.

France expects big slump in 2024 wine harvest

Fri, 11/08/2024 - 10:55
Unfavourable weather has likely slashed France's 2024 wine harvest by 23% compared to the previous year, the agriculture ministry said in an estimate published today.

Euronext lifts revenue target in new three-year plan

Fri, 11/08/2024 - 10:45
Euronext has raised its revenue targets up to 2027 and pledged to diversify its business further away from traditional stock trading, as it reported a slightly better than expected third-quarter profit.

Turkey's central bank raises inflation forecast

Fri, 11/08/2024 - 09:45
Turkey's central bank has today raised its inflation forecast for this year and the next, as consumer price increases have slowed less than expected in recent months despite higher interest rates.

World food prices reach 18-month high in October, UN says

Fri, 11/08/2024 - 09:37
World food prices rose in October to an 18-month high as vegetable oils led increases seen in most food staples, United Nations' data showed today.

Stellantis to halt production at Mirafiori for longer

Fri, 11/08/2024 - 08:41
Carmaker Stellantis will once again halt car production in December at its Mirafiori plant in Turin, for at least another month, daily MF reported today, citing two sources.

Airbnb posts mixed quarterly results, shares fall

Fri, 11/08/2024 - 08:33
Holiday home rental company Airbnb has narrowly beaten estimates for third-quarter revenue, although profit fell short as it spent heavily on marketing to boost its presence in international markets.

Nvidia passes $3.6 trillion market value after Trump win

Fri, 11/08/2024 - 08:04
Shares of Nvidia rallied to a record high last night, making the chipmaker the first company in history to surpass a stock market value of $3.6 trillion as Wall Street extended a rally sparked by Donald Trump's return to the White House.

Cartier-owner Richemont's sales dip on China downturn

Fri, 11/08/2024 - 07:59
Cartier jewellery owner Richemont has today reported a dip in quarterly sales, as the luxury goods group largely offset tougher conditions in China with growth elsewhere.

Monte dei Paschi posts stronger than expected Q3 profits

Fri, 11/08/2024 - 07:47
Italian bank Monte dei Paschi di Siena has today reported a larger than expected 31% yearly rise in profit for the third quarter of the year, as income from its lending business performed strongly in the period.

Leaders to discuss EU competitiveness at Budapest summit

Fri, 11/08/2024 - 07:45
EU leaders are meeting for a second day in Budapest to discuss the European economy and its competitiveness, as the continent continues to take stock of Donald Trump's victory in the US presidential elections.

Sony posts 73% jump in Q2 profit, keeps outlook

Fri, 11/08/2024 - 07:38
Sony has today reported a 73% rise in group operating profit in the July-September quarter, buoyed by strong sales in its game and network business.

Aer Lingus operating profits fall due to pilots strike

Fri, 11/08/2024 - 07:13
Aer Lingus has reported operating profits of €139m for the third quarter of 2024, down €57m from the same time last year.

How competitive is the Irish broadband market?

Fri, 11/08/2024 - 06:38
We should consider such factors as ease of movement between providers, increasing broadband speed and falling prices

EMEIA maintains top position in Global IPO market - EY

Fri, 11/08/2024 - 05:00
Europe and EMEIA (the Middle East, India, and Africa) have maintained their position as the leading IPO market globally in the first three quarters of 2024, according to the latest EY Global IPO Trends report.

Financial abuse experienced by 30% of adults - survey

Fri, 11/08/2024 - 01:00
Vulnerable adults are being urged to keep control of their own money as much as possible, including those with decision-making and capacity challenges, after new figures show 30% of Irish adults have experienced financial abuse.

Federal Reserve cuts rates, notes labor market easing

Thu, 11/07/2024 - 19:03
The Federal Reserve has cut interest rates by a quarter of a percentage point, as policymakers took note of a job market that has "generally eased" while inflation continues to move towards the US central bank's 2% target.

'Bogus' contractor deals cost RTÉ editor €238k, WRC told

Thu, 11/07/2024 - 18:48
An RTÉ editor who claimed that she was left €238,000 worse off than her permanently-employed colleagues because she was treated as an "independent contractor" for 11 years is to be given more time to consider a retrospective benefits deal tabled by the broadcaster, a tribunal has decided.

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