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Updated: 2 hours 18 min ago

German consumer sentiment plunges to new record low

Tue, 06/28/2022 - 09:58
German consumer sentiment is projected to fall to another record low in July, as the Ukraine war and interrupted supply chains push up energy and food prices even further, a survey showed today.

Elevator maker Kone divests Russia business

Tue, 06/28/2022 - 09:44
Finnish elevator maker Kone said today it will sell its business in Russia to local management for an undisclosed amount.

Moody's says Russia defaulted on debt

Tue, 06/28/2022 - 09:33
Moody's ratings agency has confirmed that Russia defaulted on foreign debt for the first time in a century after bond holders did not receive $100m in interest payments.

Boost for London property prices as Russians locked in

Tue, 06/28/2022 - 09:19
The war in Ukraine is making it hard for even unsanctioned Russians to sell exclusive residential property in Britain, adding to a shortage of supply that has helped drive up house prices in prime locations, real estate sources say.

TUI says schedule unaffected by staff shortages

Tue, 06/28/2022 - 09:11
Travel group TUI said today its flight schedule and plans for additional reserve planes at peak times remain unchanged despite staff shortages across the aviation industry.

Heathrow Airport landing fees to be cut after protests

Tue, 06/28/2022 - 08:46
London's Heathrow Airport will be forced to lower the landing fees it charges airlines over the next four years after Britain's aviation regulator responded to pressure from airlines over the cost of flying at the hub.

State further reduces its stake in AIB to 63.5%

Tue, 06/28/2022 - 08:27
The Minister for Finance said about 5% of the State's shareholding in AIB Group has been successfully sold down.

Three to create 175 jobs in Limerick

Tue, 06/28/2022 - 08:12
The Three telecommunications and data company is to expand its customer contact centre in Limerick, taking on an additional 175 employees there over the next four years.

Mortgage switching activity hits record high

Tue, 06/28/2022 - 06:00
Mortgage switching volumes and values more than doubled in May compared to the same month last year, according to new figures from Banking and Payments Federation Ireland.

New voucher scheme for remote working goes live

Tue, 06/28/2022 - 01:01
A new voucher scheme that will give remote workers free access to local digital hubs has commenced operation.

Call for funding to address mobile phone blackspots

Mon, 06/27/2022 - 19:39
Telecommunications operator Cellnex has said it has identified more than 200 potential blackspots around Ireland where poor mobile phone coverage is still a problem.

Govt to sell additional 5% of its AIB shareholding

Mon, 06/27/2022 - 18:24
The Government has announced it's to sell an additional 5% of its shareholding in AIB.

daa reports €103m loss in 2021

Mon, 06/27/2022 - 18:19
The operator of Dublin and Cork Airports, daa, made a loss of €103 million in 2021 and a cumulative loss of €387 million during Covid, according to its annual report, published today.

Avanade plans to add 200 staff in next 18 months

Mon, 06/27/2022 - 16:35
Digital service provider Avanade plans to create up to 200 jobs over the next 18 months.

Europe's summer travel chaos

Mon, 06/27/2022 - 15:30
Strikes and staff shortages are forcing airlines all over Europe to cancel thousands of flights and causing hours-long queues at major airports, dashing hopes of a sizzling first summer after Covid lockdowns.

Doolin2Aran ferry company selling business to rival

Mon, 06/27/2022 - 14:03
The Doolin2Aran ferry company, which runs daily trips to the Aran Islands and scenic trips around the Cliffs of Moher from Doolin in north Co Clare, has said it is selling its ferry business to a rival company which also operates ferries from the Clare village.

Rising prices could add €453 to annual grocery bill

Mon, 06/27/2022 - 12:31
Grocery price inflation continues to climb and hit 6.5% in the 12 weeks to June 12, the highest level in Ireland since February 2013, new figures show today.

CSO figures show fraud offences almost doubled in 2021

Mon, 06/27/2022 - 12:14
Fraud offences almost doubled in the past year, according to the latest recorded crime figures released by the Central Statistics Office.

Aer Lingus Regional to start 2 new routes from Belfast

Mon, 06/27/2022 - 12:02
Emerald Airlines, which operates Aer Lingus Regional services, it to start two new routes to Cardiff and Southampton from its Belfast City Airport base from July 7.

G7 to up sanctions on Russia, nears oil price cap deal

Mon, 06/27/2022 - 11:43
The Group of Seven rich democracies will commit tomorrow to a new package of coordinated actions meant to raise pressure on Russia over its war in Ukraine, and will finalise plans for a price cap on Russian oil, a senior US official said today.