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Updated: 24 min 39 sec ago

Tentative signs of 'turnaround' for manufacturing sector

Fri, 11/01/2024 - 05:00
Activity in the manufacturing sector improved in October, driven by a rise in output and new orders.

Microsoft to add 550 new Irish engineering and R&D roles

Fri, 11/01/2024 - 05:00
Microsoft is to create an additional 550 new engineering and research and development jobs in its Dublin office.

Freight transporters warn of airport night restrictions

Thu, 10/31/2024 - 20:14
Freight transporters have warned that a draft decision by An Bord Pleanála to restrict operations on the runways at Dublin Airport will have a detrimental effect on the ability of Irish businesses to trade effectively abroad.

Terms approved for second State offshore wind auction

Thu, 10/31/2024 - 19:56
Terms and conditions for Ireland's second offshore wind auction have been approved by the Government.

Profits and revenues increase at Dublin Aerospace

Thu, 10/31/2024 - 15:17
Pre-tax profits at aircraft maintenance group, Dublin Aerospace last year increased by 45% to €3.28m.

Pregnant bar worker awarded €18,000 at WRC

Thu, 10/31/2024 - 15:17
A pregnant bar supervisor who was faced with unproven and previously unmentioned allegations of sexual misconduct against a male colleague after she was dismissed by her employer has won €19,000 for discrimination.

'A perfect storm' - Why so many Irish restaurants are closing

Thu, 10/31/2024 - 15:09
With more than a thousand restaurant closures expected by October 2025 and costs continuing to rise, Conor Wilson reports on a challenging future for Ireland's dining sector

1.2 billion at high risk from climate change - World Bank

Thu, 10/31/2024 - 14:43
1.2 billion people around the globe are at high risk from the impacts of climate change, the World Bank said today, adding that the poorest countries face the toughest challenges.

Farmers 'backbone' of Irish economy - Harris

Thu, 10/31/2024 - 14:37
Taoiseach Simon Harris has said it is important to "reset" the conversation with farmers, who he said played a major role and were the "backbone" of the Irish economy.

Yuno Group acquires gas supply firm in Northern Ireland

Thu, 10/31/2024 - 14:00
Yuno Group, the company behind Yuno Energy and Prepay Power has acquired firmus energy (Supply), the gas supply business of firmus energy and one of the largest energy supply companies in Northern Ireland.

Reeves faces heat for weak growth after first budget

Thu, 10/31/2024 - 12:55
Britain's finance minister Rachel Reeves faced criticism today after her first budget came in big on spending, tax increases and borrowing but small on economic growth, which was one of the big election promises of the Labour Party.

Estee Lauder withdraws annual forecasts, cuts dividend

Thu, 10/31/2024 - 12:34
Estee Lauder has today pulled back its 2025 sales and profit forecasts on reduced spending for its luxury makeup and fragrances in major markets, mainly China, sending its shares tumbling 23% before the bell on Wall Street.

Number of births in Ireland dropped by 10% in 2022

Thu, 10/31/2024 - 12:10
There was a 10% fall in the number of births in 2022 in comparison to 2021, according to the Central Statistics Office.

Origin's Environmental business continues expansion

Thu, 10/31/2024 - 12:02
International agri-services group Origin Enterprises has bought two specialist ecology businesses in the UK - Brooks Ecological Limited and GE Consulting Services (UK) Limited.

EU probes shopping app Temu over illegal products

Thu, 10/31/2024 - 12:00
The EU has launched a formal investigation into Chinese-founded e-commerce platform Temu on suspicion the site is not doing enough to stop the sale of illegal products, in a probe that could lead to large fines.

EU probes Temu over illegal products

Thu, 10/31/2024 - 12:00
The European Union has launched a formal investigation into Chinese-founded e-commerce platform Temu on suspicion the site is not doing enough to stop the sale of illegal products, in a probe that could lead to large fines.

Over 60,000 acres of agricultural land sold in 2023 - CSO

Thu, 10/31/2024 - 11:39
New figures from the Central Statistics Office show that the median price per acre of agricultural land was €9,084 in 2023, 12.2% higher than in 2022 when it was €8,094.

Wholesale electricity prices rise over 12% in September

Thu, 10/31/2024 - 11:14
New figures from the Central Statistics Office show that wholesale electricity prices increased by 12.2% in September compared to August, and were 1% higher compared to September of last year.

TotalEnergies Q3 income hits three-year low

Thu, 10/31/2024 - 10:25
French oil major TotalEnergies has reported third-quarter adjusted net income at a three-year low of $4.1 billion, slightly missing expectations as refining margins and upstream outages dragged down earnings.

Euro zone inflation rises more than expected in October

Thu, 10/31/2024 - 10:04
Euro zone inflation accelerated more than expected in October and could still pick up further in the coming months, bolstering the case for caution in European Central Bank interest rate cuts as price growth is not yet fully tamed.

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