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Comcast raises bid for Sky to $34 billion

Thu, 07/12/2018 - 09:19
Comcast last night raised its all-cash offer for Sky to $34 billion, topping a raised bid of $32.5 billion for the pay-TV group from Rupert Murdoch's Twenty-First Century Fox.

Bank of England adds systemic buffers to stress test

Thu, 07/12/2018 - 09:04
The Bank of England said this year's stress test of major UK banks will measure how non-core capital buffers stand up to market and economic stresses.

UK govt to publish 'ambitious' Brexit white paper

Thu, 07/12/2018 - 08:58
The British government will today publish its long-awaited white paper on what it sees as the future relationship between the UK and European Union.

Capita to sell its parking management business

Thu, 07/12/2018 - 08:21
British outsourcing company Capita has agreed to sell its parking management business, ParkingEye, for a £235m cash consideration.

Norwegian Air swings to surprise net profit in Q2

Thu, 07/12/2018 - 07:57
Fast-growing budget airline Norwegian Air Shuttle swung to a surprise net profit in the second quarter as it continues to ramp up its transatlantic business.

CPL Resources eyes profits in line with expectations

Thu, 07/12/2018 - 07:50
CPL Resources has said it expect its profit before tax for the year to June to be in line with market expectations as its balance sheet and cash flow remain strong.

EY to create 520 new jobs across Ireland

Thu, 07/12/2018 - 06:35
More than 520 jobs are being created by Ernst & Young across its seven offices in Ireland.

No 'culture of deference' towards Denis O'Brien - INM

Wed, 07/11/2018 - 16:18
Lawyers for Independent News and Media have told the High Court there is no "culture of deference" in the group towards its major shareholder Denis O'Brien.

Canada's central bank raises key interest rate to 1.5%

Wed, 07/11/2018 - 15:38
The Bank of Canada has today hiked its benchmark interest rate to 1.5%, the first increase since January, as the Group of Seven economy tries to tame inflation.

Pfizer set to split company into three units

Wed, 07/11/2018 - 14:50
US drugmaker Pfizer said today it would split its business into three units and one of them would include a new hospital business segment.

China to hit back after US proposes fresh tariffs

Wed, 07/11/2018 - 13:22
China has accused the US of bullying and warned it would hit back after the Trump administration raised the stakes in their trade dispute, threatening 10% tariffs on $200 billion of Chinese goods.

Online doctor VideoDoc and McCabes Pharmacy team up

Wed, 07/11/2018 - 13:10
Online doctor VideoDoc has announced a deal with McCabes Pharmacy which offers a free delivery service direct to patients.

Recommendations to tackle business insurance costs

Wed, 07/11/2018 - 12:46
The cost of insurance and commercial rates are key concerns of small and medium companies across the country, according to a report by the Oireachtas Business Committee published today.

New online safety plan launched by Govt

Wed, 07/11/2018 - 12:44
The Government has launched a new online safety plan which includes the establishment of a national advisory council on online safety and legislation for new criminal offences.

Danske Bank's head of compliance quits

Wed, 07/11/2018 - 12:17
The head of compliance of Denmark's biggest lender Danske Bank has announced his resignation.

Airlines' strikes 'very disruptive' for travel agents

Wed, 07/11/2018 - 11:49
The chief executive of the Irish Travel Agents Association (ITAA) Pat Dawson says strikes like tomorrow's Ryanair action are "very, very disruptive" for travel agents.

PAC critical of local authorities over HAP inspections

Wed, 07/11/2018 - 11:47
The Public Accounts Committee has criticised local authorities and the Department of Housing for paying millions to landlords without inspecting whether their properties are substandard or dangerous.

Kostal and Lero to spend €800,000 on robot development

Wed, 07/11/2018 - 11:44
Limerick based automotive electronic systems manufacturer Kostal has agreed a partnership deal with Irish Software SFI Research Centre Lero for a €800,000 R&D programme to create autonomous robots for assembly lines.

Becton Dickinson creates 85 Limerick jobs

Wed, 07/11/2018 - 11:39
Medical technology company Becton Dickinson has formally opened a new research facility at Plassey Technological Park in Limerick, creating an additional 85 jobs at its Irish operations.

Glencore to cooperate with US corruption investigation

Wed, 07/11/2018 - 10:55
Glencore said today it would cooperate with US authorities after they demanded documents about the mining firm's business in Democratic Republic of Congo, Venezuela and Nigeria as part of a corruption investigation.