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Updated: 1 hour 14 min ago

Renault beats Q3 forecasts as new launches lift sales

Thu, 10/24/2024 - 08:34
French carmaker Renault has today reported an unexpected rise in quarterly revenues, as strong demand for its pricier new models helped it offset lower total volumes.

Business success linked with SMEs that use AI technology

Thu, 10/24/2024 - 08:28
IT services firm eir evo says new research it has conducted highlights the strong connection between AI adoption, technological integration, and business success among small and medium-sized enterprises.

Boeing strike continues as workers reject wage deal

Thu, 10/24/2024 - 08:04
Boeing factory workers have voted to reject a contract offer and continue a more than five-week strike, in a blow to new CEO Kelly Ortberg's plan to shore up the finances of the struggling planemaker.

Hermes continues to outshine rivals with Q3 sales up 11%

Thu, 10/24/2024 - 07:56
Birkin bag maker Hermes has today posted a hefty rise in third-quarter sales, continuing to outshine rivals hit hard by a downturn in China as its luxury handbags lure wealthy shoppers.

Barclays Q3 profit beats forecasts with 18% rise

Thu, 10/24/2024 - 07:50
Barclays' third quarter profit rose 18%, it said today, as its investment bank cashed in on a jump in corporate dealmaking and trading during the period, echoing Wall Street rivals.

Unilever beats third-quarter underlying sales estimate

Thu, 10/24/2024 - 07:37
Unilever achieved slightly better than expected underlying quarterly sales after winning back more shoppers with product innovations and slower price increases, posting its biggest gain in sales volumes in three-and a-half-years.

Kerry Group reiterates full year earnings guidance

Thu, 10/24/2024 - 07:33
Food technology and ingredients company Kerry Group has today reiterated its full year earnings per share guidance of 7% to 10% and said it was seeing good volume growth for the year.

Fifth of employees paid late multiple times in past year

Thu, 10/24/2024 - 07:24
A fifth of employees in Ireland were paid late multiple times in last 12 months, according to new research.

Tesla surprises with sales forecast and cost efficiency

Thu, 10/24/2024 - 07:11
Tesla CEO Elon Musk said he expects vehicle sales to grow 20% to 30% next year, reassuring investors the company was improving its core business of selling electric vehicles profitably, and reducing concerns about when it could produce a robotaxi.

635 million containers returned to Deposit Return Scheme

Thu, 10/24/2024 - 06:07
A total of 635 million plastic bottles and aluminum cans have been returned to the Deposit Return Scheme so far.

One new wind farm approved by An Bord Pleanála in Q3

Thu, 10/24/2024 - 05:00
Only one new wind farm was approved by an Bord Pleanála in third quarter of this year, according to the latest quarterly report published today by Wind Energy Ireland (WEI).

Motor insurance premiums rose 2% last year - Central Bank

Thu, 10/24/2024 - 05:00
The average premium paid by consumers for motor insurance in Ireland last year rose 2% to €568, the first increase in five years.

Growth expected to continue at moderate pace - AIB

Thu, 10/24/2024 - 05:00
More moderate growth is expected in the coming years as the economy and labour market reach full capacity, according to AIB's Economic Outlook.

Chef tells WRC he worked 222 hours in a fortnight

Wed, 10/23/2024 - 17:13
A chef has told the Workplace Relations Commission (WRC) that he worked over 220 hours in a fortnight to get a Limerick City restaurant up and running but later backed his colleagues when they decided to shut it down after their employer missed payroll for the second month in a row.

Firms partner for first Irish commercial rocket launch

Wed, 10/23/2024 - 17:06
Cork-based Suas Aerospace has announced a partnership with Netherlands-based T-Minus Engineering for Ireland's first commercial rocket launch next year.

Bank of Canada cuts rates, hails 'good news' on inflation

Wed, 10/23/2024 - 15:05
The Bank of Canada has today reduced its key benchmark rate by 50 basis points to 3.75%, its first bigger-than-usual move in more than four years, and hailed signs the country had returned to an era of low inflation.

Pre-tax profits at Cork-based Henry Ford & Son double

Wed, 10/23/2024 - 14:28
Pre-tax profits at the Irish arm of car-maker Ford last year more than doubled to €3.6m.

Once a month back in office 'reasonable' deal for worker

Wed, 10/23/2024 - 14:17
A tribunal has called it "reasonable" for a company to ask a Kerry-based worker who had been on a fully remote contract to travel to an office in Dublin once a month - after his employer pulled back from requesting him back on site at least twice a week.

DPC asked for extra €4m in funding in Budget

Wed, 10/23/2024 - 13:06
The Data Protection Commission (DPC) asked for an extra €4m in funding to hire new staff and manage potential fallout from AI (artificial intelligence) being trained using people's personal information.

Boeing CEO presses turnaround as strike vote looms

Wed, 10/23/2024 - 12:57
Boeing chief executive Kelly Ortberg has laid out a turnaround plan, including a push for a "fundamental culture change," as the struggling planemaker grapples with a crippling strike, mounting debt and heightened cash burn.

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