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Updated: 1 hour 37 min ago

Emergency calls outage caused by 'technical issue'

Wed, 06/29/2022 - 13:23
BT Ireland has apologised after a technical issue prevented callers accessing the Emergency Call Answering Service for over an hour yesterday.

Shell CEO says spare capacity is running 'very low'

Wed, 06/29/2022 - 13:19
Uncertainty in global oil and gas markets could stay for some time to come as spare capacity is very low while demand is still recovering, Shell chief executive Ben van Beurden said today.

Inflation likely to be 'sticky' and 'persistent'

Wed, 06/29/2022 - 13:03
The European Central Bank has said inflation is set to remain "undesirably high" for some time to come, but there are indications that inflation is currently peaking, or has already peaked around the world.

Overseas arrivals still 12.5% down on pre-Covid levels

Wed, 06/29/2022 - 12:52
New Central Statistics Office figures show a continued rebound in overseas travel as Covid-19 concerns and restricitions ease.

Irish food prices second most expensive in euro zone

Wed, 06/29/2022 - 12:04
Food prices in Ireland were 17% above the European Union average in 2021, making them the second most expensive in the euro zone, new figures show today.

Dale Farm reports record profits and turnover

Wed, 06/29/2022 - 11:46
Northern Ireland dairy co-operative Dale Farm has reported its highest ever turnover and profit to date for the year ending March 2022.

Euro zone corporate lending continues to surge

Wed, 06/29/2022 - 11:14
Bank lending to euro zone companies continued to surge in May, European Central Bank data showed today, suggesting that firms may be stocking up on funding before the ECB's interest rates rise later this year.

Euro zone economic sentiment slips in June

Wed, 06/29/2022 - 11:04
Euro zone economic sentiment fell by slightly less than expected in June as consumers and retail trade became more downbeat but spirits among industrial and services sectors improved.

Donohoe considering how licence fee can be collected

Wed, 06/29/2022 - 10:19
Minister for Finance Paschal Donohoe said he and the Government want to support public service media and the Government will be considering how a licence fee can be collected in the future.

Oil prices slide after three-day rally

Wed, 06/29/2022 - 09:54
Oil prices fell today, taking a break after gaining for three sessions, as concerns about the global economy weighed while tight supply curbed losses.

Clarity needed on roles for army at airport - PDFORRA

Wed, 06/29/2022 - 09:42
The President of Defence Forces Representative Association PDFORRA has said clarification is needed on when members of the Defence Forces will be needed to assist with security at Dublin Airport, as well as what roles they will be filling.

EU reaches deal on climate laws after late-night talks

Wed, 06/29/2022 - 09:18
EU countries have clinched deals on proposed laws to combat climate change, backing a 2035 phase-out of new fossil fuel car sales and a multibillion-euro fund to shield poorer citizens from CO2 costs.

Dublin 49th in Mercer's 2022 cost of living survey

Wed, 06/29/2022 - 09:06
Dublin comes in 49th position in Mercer's 2022 Cost of Living Survey, which ranks 227 of the world's most expensive cities for expatriates.

Warning issued as 'romance fraud' cases increase

Wed, 06/29/2022 - 08:51
People who have fallen victim to so-called 'romance fraud' were conned out of over €800,000 between January and May, as gardaí issue a warning over increasing incidents of such scams.

Donohoe rules out emergency budget before October

Wed, 06/29/2022 - 08:47
Minister for Finance Paschal Donohoe has said the Government "absolutely appreciated" the huge challenges people are facing, but ruled out an emergency budget before October.

Moonpig's earnings fall 19% as pandemic boost fades

Wed, 06/29/2022 - 08:41
Online greeting card firm Moonpig's adjusted earnings for the year to the end of April fell 19% as the boost from pandemic lockdowns in the previous year faded.

H&M's second-quarter profit beats expectations

Wed, 06/29/2022 - 08:28
Sweden's H&M, the world's second-biggest fashion retailer, has reported a 33% growth in quarterly profit which beat expectations, as shoppers thronged its stores in the aftermath of the pandemic.

Hotel recovery continues to beat expectations - Dalata

Wed, 06/29/2022 - 08:20
Dalata Hotel Group said today that the faster than anticipated recovery in hotel markets over the last four months has continued to surpass its expectations.

Diageo to wind down Russia operations by year end

Wed, 06/29/2022 - 08:05
Guinness maker Diageo, the world's largest spirits maker, said it will wind down its business operations in Russia over the next six months, becoming the latest Western brand to withdraw from the country.

Changes to Community Schemes to boost recruitment

Wed, 06/29/2022 - 07:00
The Government has announced a number of changes to Community Employment schemes in a bid to boost the recruitment and retention of applicants.