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Updated: 1 hour 21 min ago

UK's Metro Bank to lay off 20% of workforce

Thu, 11/30/2023 - 07:28
British lender Metro Bank has today announced plans to lay off 20% of its headcount as part of its cost-cutting drive to save up to £50m a year.

ChatGPT turns one today

Thu, 11/30/2023 - 07:25
ChatGPT is one year old today. The powerful artificial intelligence (AI) tool that has taken the internet by storm was launched on 30 November 2022.

Musk regrets controversial post, berates advertisers

Thu, 11/30/2023 - 07:04
Billionaire businessman Elon Musk apologised for endorsing a social media post widely seen as anti-Semitic.

COP28: What to expect as summit gets under way in Dubai

Thu, 11/30/2023 - 06:00
The United Nations Executive Secretary in charge of climate change has said every country and every company will be held to account for its actions to limit global warming to 1.5C at the UN COP28 climate Summit which starts today in Dubai.

Big increase in demand for construction workers in 2023

Thu, 11/30/2023 - 05:00
The resurgence of construction here meant professional roles in that sector recorded the biggest increase in demand this year, new data shows.

New tenants paying 18% more for rent than existing ones

Thu, 11/30/2023 - 05:00
New official data has shown for the first time that existing tenants are paying considerably less rent than those taking out new tenancies.

Construction to begin on Bio-CNG refuelling station

Thu, 11/30/2023 - 05:00
Construction will begin this week on Ireland's first dedicated Bio-CNG refuelling station.

Inflation the focus as Donohoe leads EU meetings in US

Wed, 11/29/2023 - 22:31
The Minster for Public Expenditure, Paschal Donohoe, has welcomed the fall in inflation, saying "it shows the hard work is working and we need to continue with it - because if we don't get inflation down we are going to be poorer for longer".

Revenues at TK Maxx firm increase to €240m

Wed, 11/29/2023 - 18:07
Revenues at the operator of clothing and homeware retailer, TK Maxx this year surged by 20% or €40.48m to €240.3m as the business recovered from the business impact of Covid-19.

Just one quarter of workers mostly doing physical work

Wed, 11/29/2023 - 15:47
More than half of workers in Ireland with a third level education spend all or most of their time working on a digital device.

Glenisk sustains 45% hit to 2022 revenues due to fire

Wed, 11/29/2023 - 15:30
The makers of the Glenisk organic yogurt brand last year sustained a €9.59m revenue hit due to the impact of a fire that destroyed the firm's main production plant in 2021.

Profits surge 80% at Poolbeg incinerator firm to €57.4m

Wed, 11/29/2023 - 15:21
Pre-tax profits at the company that operates the Poolbeg incinerator in Dublin last year surged by 80% to €57.4m as the firm benefited from soaring energy prices in 2022.

Sacked postman awarded €5,000 for unfair dismissal

Wed, 11/29/2023 - 15:17
A postman who had an assault conviction reduced to a probation order on appeal has now secured €5,000 in compensation for being sacked by An Post, which found he had brought the service "into disrepute".

US third quarter growth revised up to 5.2%

Wed, 11/29/2023 - 15:14
US economic growth was stronger than estimated for the July to September period this year, government data showed today, due to higher investment and government spending than originally expected.

IKEA stores owner confident price cuts will help sales

Wed, 11/29/2023 - 14:45
Ingka Group, the owner of most IKEA stores, said today it was confident further price cuts would help drive sales volumes in the year to come, after reporting largely flat operating profit for the last financial year.

Irish AI firm SoapBox Labs bought by US company CA

Wed, 11/29/2023 - 14:32
Irish founded voice artificial intelligence company SoapBox Labs has been bought by US education technology business Curriculum Associates (CA).

Overseas visitors to Ireland down in October - CSO

Wed, 11/29/2023 - 14:04
577,400 visitors from overseas visited Ireland in October, down slightly on September, according to the Central Statistics Office.

EU Commission makes new proposals on flight refunds

Wed, 11/29/2023 - 14:03
European travellers will get refunds for cancelled flights within 14 days, according to fresh proposals from the European Commission.

$18.6bn processed via stripe over Black Friday weekend

Wed, 11/29/2023 - 13:58
Irish-founded payments platform Stripe processed more than $18.6 billion in payment transactions between Black Friday and Cyber Monday.

Rajeev Suri to be appointed Chairman of Digicel Group

Wed, 11/29/2023 - 13:34
Rajeev Suri is set to be appointed Chairman of Caribbean-based mobile phone business Digicel Group, succeeding Denis O'Brien.