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Updated: 37 min 13 sec ago

Oaklee Housing secures €50m loan facility for new homes

Mon, 04/23/2018 - 12:19
Approved housing body Oaklee Housing has secured a €50m debt financing agreement with German-based Norddeutsche Landesbank.

Aer Lingus Regional to restart Cork-Cornwall service

Mon, 04/23/2018 - 11:57
Aer Lingus Regional, operated by Stobart Air, has said it will restart flying its Cork-Cornwall route from May.

EU probes Italy's latest Alitalia rescue loan

Mon, 04/23/2018 - 11:49
EU competition regulators today opened an in-depth probe to establish whether a massive rescue loan by the Italian government to troubled airline Alitalia constituted illegal state aid.

€150m investment to build two power plants in Offaly

Mon, 04/23/2018 - 11:27
250 construction jobs are to be created in Co Offaly building two power plants that will employ 20 people.

Today in the press

Mon, 04/23/2018 - 11:15
Pendulum Summit, the business and motivational event founded by former Munster rugby star Frankie Sheahan, is expanding to New York.

GloFox founder is Ireland's Best Young Entrepreneur

Mon, 04/23/2018 - 10:54
The founder of Glofox, which provides business management software to fitness studios and gyms, has been named Ireland's Best Young Entrepreneur for 2018.

Why congested airports are bad for your health and pocket

Mon, 04/23/2018 - 10:53
Congested airports are stressful for passengers, but they also mean increased air fares

Euro zone debt, deficit drop in 2017 as economy grows

Mon, 04/23/2018 - 10:39
The euro zone's public debt and deficit dropped last year as the bloc's economy grew at a healthy rate, provisional data from the European Union's statistics office showed today.

Despite slowdown euro zone business growth still strong

Mon, 04/23/2018 - 10:27
Businesses across the euro zone strolled into the second quarter, maintaining a still-solid but more modest growth rate than around the turn of the year, a survey showed today.

Canada's Stars Group snaps up Sky Bet for $4.7 billion

Mon, 04/23/2018 - 09:09
Canadian gaming company The Stars Group said over the weekend that it had agreed to buy Sky Betting and Gaming from owners CVC Capital Partners and Sky in a deal worth $4.7 billion.

Australian regulator backs big increase in fines

Mon, 04/23/2018 - 08:27
Australia's competition watchdog is supporting massive increases in financial penalties for companies caught doing the wrong thing.

UBS boosts Q1 earnings thanks to strong investment bank

Mon, 04/23/2018 - 08:19
UBS, Switzerland's biggest bank, today posted a 19% rise in first-quarter net profit, helped by higher income from its investment bank amid a pickup in global market volatility.

O'Brien appeals to Supreme Court over Dáil statements

Mon, 04/23/2018 - 08:18
An appeal by businessman Denis O'Brien against the High Court's dismissal of his action over statements made in the Dáil about his banking affairs will begin in the Supreme Court this morning.

Capita reports full year pre-tax loss of £513m

Mon, 04/23/2018 - 07:59
Outsourcer Capita has today announced a three-for-two rights issue and a restructuring to return it to growth.

May faces fresh battle over customs union

Mon, 04/23/2018 - 07:58
British Prime Minister Theresa May is facing a week of fresh parliamentary battles over Brexit as clashes centred on staying in a customs union with the EU continue to dog her government.

Smyths to buy Toys 'R' Us in three European countries

Mon, 04/23/2018 - 07:51
Irish company Smyths Toys has signed a deal to take over Toys 'R' Us in Germany, Austria and Switzerland, the German arm of the insolvent retailer has said.

Postmasters' union to ballot members over An Post deal

Mon, 04/23/2018 - 07:45
A ballot will take place to consider a deal struck with An Post by the Irish Postmasters' Union on the future of the post office network.

Holiday plans for thousands hit as sailings cancelled

Mon, 04/23/2018 - 07:45
Up to 10,000 holidaymakers have had summer sailings cancelled after Irish Ferries said it may not take delivery of its new ferry, the WB Yeats, before July.

Irish housing output among lowest in Europe

Mon, 04/23/2018 - 07:42
New data from Goodbody shows that despite rapid population growth, housing output in Ireland is among the lowest in Europe.

Electronics giant Philips posts 27% drop in Q1 profits

Mon, 04/23/2018 - 07:28
Dutch electronics giant Philips has today posted a 27% drop in first quarter profits, hit partly by the costs of restructuring and some acquisitions as it evolves its portfolio.