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Updated: 2 hours 25 min ago

Carney dismisses Johnson claim on no-deal Brexit

Fri, 06/21/2019 - 08:28
Bank of England Governor Mark Carney has dismissed a claim by Boris Johnson that Britain can avoid the hit of European Union trade tariffs in the event of a no-deal Brexit.

Dublin Airport agrees €350m loan with EIB

Fri, 06/21/2019 - 01:05
The European Investment Bank has agreed a €350m loan to the DAA to help fund upgrades at Dublin Airport.

European Investment Bank to loan DAA €350m

Fri, 06/21/2019 - 01:00
The European Investment Bank has agreed a €350m loan to the DAA to help fund upgrades at Dublin Airport.

Current account switches hit five year low

Thu, 06/20/2019 - 16:28
New figures from the Central Bank show that the number of current account switches fell in the second half of last year to hit the lowest level in the last five years.

Slack to take unusual route to public markets

Thu, 06/20/2019 - 15:44
Slack Technologies, the fast-growing workplace messaging and communication platform, is poised for an unusual public listing today that will see it trade on the New York Stock Exchange.

Airbus demands chance to bid for IAG's Boeing order

Thu, 06/20/2019 - 14:38
Airbus has called for a chance to compete for a blockbuster plane order by Aer Lingus owner IAG which stunned industry executives at this week's Paris Airshow by ordering 200 of Boeing's grounded 737 MAX.

Gold prices jump about $80 this month

Thu, 06/20/2019 - 14:31
Gold prices surged to their highest in more than five years today after the US Federal Reserve signalled a possible interest rate cut as early as next month, pressuring US Treasury yields and the dollar.

Bank of England cuts growth forecast, sees Brexit risks

Thu, 06/20/2019 - 12:57
The Bank of England cut its growth forecast for the UK economy to zero in the second quarter of 2019 and highlighted risks from global trade tensions and growing fears of a no-deal Brexit.

Do bonuses attract talent in banking? ECB not convinced

Thu, 06/20/2019 - 12:35
The head of the banking watchdog at the European Central Bank has said he is not convinced that bonuses for senior bankers attracts talent in the sector.

14.1% of Irish households have income above €100,000

Thu, 06/20/2019 - 12:26
New figures from the Central Statistics Office show that median gross income for households stood at €45,256 in  2016.

IDA Ireland job numbers up 19% so far this year

Thu, 06/20/2019 - 12:01
IDA Ireland secured 140 investments during the first half of 2019, with 13,500 jobs expected to be created as a result.

UK retail sales take a tumble in May - ONS

Thu, 06/20/2019 - 11:58
British retail sales sank in May, official data showed today, sounding a downbeat note on the Brexit-facing economy ahead of an interest rate decision from the Bank of England.

Today in the press

Thu, 06/20/2019 - 11:20
The dominance of offshore money in Ireland's commercial property market creates new risks they will import boom-bust cycles, sink house prices and weaken the banks, new research from the Central Bank shows.

LinkedIn adding 800 staff to Dublin operations

Thu, 06/20/2019 - 09:56
LinkedIn is adding 800 staff to its international headquarters in Dublin, which will bring its Irish workforce to 2,000 by next year.

FACTBOX - Airbus and Boeing deals at Paris Airshow

Thu, 06/20/2019 - 09:45
A summary of the commercial aircraft deals announced by Airbus and Boeing at the Paris Airshow so far this week.

HBAN-backed Phorest wins major European award

Thu, 06/20/2019 - 09:28
Phorest, the HBAN-backed software company, has been named "most successful business financed by early stage investors" at the European Business Angels Network (EBAN) annual congress in Helsinki.

Dixons Carphone's annual profit slumps 22%

Thu, 06/20/2019 - 08:57
Dixons Carphone has today reported a 22% fall in full-year profit, reflecting a tough mobile phone market.

Men more upbeat on economy and finances than women

Thu, 06/20/2019 - 08:50
New research suggests there are some persistent differences in the way Irish men and women view their economic circumstances.

Oil prices rise as US stockpiles drop, OPEC agrees date

Thu, 06/20/2019 - 08:33
Oil prices rose over 1% today as official data showed US crude stocks fell more than expected and as OPEC and other producers finally agreed a date for a meeting to discuss output cuts.

Oracle rises on strong quarterly forecast

Thu, 06/20/2019 - 08:27
Oracle has forecast current-quarter profit above estimates, as the business software maker benefited from demand for its on-premise IT, cloud services and license support businesses.