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Updated: 48 min 26 sec ago

Emerging market turbulence to hit Diageo sales, profit

Thu, 09/20/2018 - 07:58
Diageo has forecast a much bigger than previously expected hit from foreign exchange movements this year after weeks of volatility on emerging markets driven by rising US and European interest rates.

UK regulator fines Equifax £500,000 for security breach

Thu, 09/20/2018 - 07:40
A UK regulator has fined credit reference company Equifax's UK arm, Equifax Ltd, £500,000 for failing to protect the personal information of up to 15 million people in Britain during a 2017 cyber attack.

Sterling retreats on UK refusal of EU border offer

Wed, 09/19/2018 - 17:03
Sterling erased earlier gains after The Times reported that Britain's Prime Minister Theresa May had rejected an improved offer from the European Union to solve the Irish border issue.

British pilots urge Ryanair to replace O'Leary

Wed, 09/19/2018 - 16:27
Ryanair shareholders are being urged to replace the airline's chief executive and chairman at the company's annual meeting tomorrow.

The Hub at Dub: Dublin Airport's upgrade plan 25 years on

Wed, 09/19/2018 - 14:40
The original plan to upgrade Dublin Airport to a hub was hatched in the 1990s after duty-free sales were abolished

Eir says technical issues affecting webmail service

Wed, 09/19/2018 - 13:52
Telecoms company Eir says that some of its customers are continuing to experience problems accessing its webmail service.

Ireland still lagging on board gender diversity

Wed, 09/19/2018 - 11:39
Consultancy firm Korn Ferry has found that 13% of Irish board members were female in 2017 and while this is more than double the figure recorded a decade ago, it is still well behind the average across Europe.

EU says McDonald's, Luxembourg tax deal not illegal

Wed, 09/19/2018 - 11:00
McDonald's tax deal with Luxembourg did not breach EU state aid rules, EU competition regulators ruled today.

Orla Kiely to close retail and online businesses

Wed, 09/19/2018 - 10:52
Irish designer Orla Kiely has decided to close her retail and online businesses, with her stores in Kildare and London to shut.

Belgian union turns down Ryanair offer ahead of strike

Wed, 09/19/2018 - 10:51
The union representing cabin crew in Belgium said it had turned down an offer by Ryanair  ahead of a planned strike on September 28.

Euro zone current account surplus narrows in July

Wed, 09/19/2018 - 10:37
The current account surplus of the euro zone narrowed to €21 billion in July from €24 billion in the previous month as the trade surplus also slipped, the European Central Bank said today.

UK inflation jumps unexpectedly to hit six-month high

Wed, 09/19/2018 - 09:52
UK inflation jumped unexpectedly to a six-month high in August, pushed up by bigger-than-usual seasonal increases in sea and air fares and higher theatre admission prices.

Danske Bank CEO resigns over money laundering scandal

Wed, 09/19/2018 - 09:43
Danske Bank's chief executive Thomas Borgen quit today in a money laundering scandal which involved €200 billion flowing through its Estonian branch between 2007 and 2015, most of which was suspicious.

Today in the press

Wed, 09/19/2018 - 09:37
Developer Johnny Ronan has secured the last remaining waterfront site in Dublin's north Docklands for a figure in the region of €180m.

National Australia Bank cuts executives' pay

Wed, 09/19/2018 - 09:15
National Australia Bank today said it had slashed remuneration for its executive team after a public inquiry uncovered evidence of misconduct at the bank and across the financial sector.

Greencoat Renewables reports H1 profits

Wed, 09/19/2018 - 08:59
Wind farm operator Greencoat Renewables has reported a pre-tax profit of €11.7m for the six months to the end of June, an improvement from the loss of €3.8m the same time the previous year.

Musk statement on taking Tesla private to be probed

Wed, 09/19/2018 - 08:38
Tesla has said the US Department of Justice was investigating chief executive Elon Musk's public statements in August that he was considering taking the electric car maker private.

Kingfisher H1 profit down 15% as French business drags

Wed, 09/19/2018 - 08:14
Kingfisher, one of Europe's biggest home improvement retailers, reported a 15% fall in half-year profits after a poor performance in France.

Sainsbury's-Asda merger referred to in-depth review

Wed, 09/19/2018 - 08:08
Britain's competition regulator has referred Sainsbury's £7.3 billion takeover of Asda to an in-depth review today because their stores overlapped in hundreds of local areas.

Tesco takes on German rivals with new UK store format

Wed, 09/19/2018 - 07:58
Supermarket group Tesco will go head to head with German rivals Aldi and Lidl in the UK by launching its own discount store format today.