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Updated: 2 hours 47 min ago

Reddit shares end trading up 48% in market debut

Fri, 03/22/2024 - 07:05
Social media platform Reddit's shares ended their first day of trading in New York up 48%, suggesting that investor appetite for initial public offerings of promising yet loss-making companies could be returning.

UN adopts first global artificial intelligence resolution

Fri, 03/22/2024 - 06:56
The United Nations General Assembly has unanimously adopted the first global resolution on artificial intelligence that encourages countries to safeguard human rights, protect personal data, and monitor AI for risks.

How a new app could show you green travel routes through Dublin

Fri, 03/22/2024 - 06:02
Using air quality data, the app would suggest routes through the city for pedestrians and cyclists avoiding the worst pollution

PTSB cuts 4-year fixed rate mortgage rate by 0.3%

Fri, 03/22/2024 - 05:00
PTSB is again cutting the rate it charges for 4-year fixed rate mortgages, this time by up to 0.3%.

Survey examines supports for neurodivergent workers

Fri, 03/22/2024 - 00:01
Just under one-in-five workers believe their company's policies and practices support neurodivergent people, according to new research from Bank of Ireland and Red C.

CCPC blocks daa purchase of car park near Dublin Airport

Thu, 03/21/2024 - 17:26
Dublin Airport operator, daa, has received a blow with the news that the competition regulator has refused it permission to buy a large disused car park near the airport which it needs to relieve parking pressure.

Banks warn against EU plan to redistribute Russian assets

Thu, 03/21/2024 - 16:38
Some Western banks have begun lobbying against EU proposals to redistribute billions in interest earned on frozen Russian assets, senior industry sources said, fearing it could lead to costly litigation.

'Substantial' debts at Irish Fairy Door firm written off

Thu, 03/21/2024 - 16:25
A substantial portion of the debts at the firm behind the global selling Irish Fairy Door have been written off.

Housing commencements up 85% year-on-year

Thu, 03/21/2024 - 16:14
Notices that work was beginning on 3,699 new homes across the country were received in February, new data from the Department of Housing shows.

Consortium 'renewing focus' on Greystones media campus

Thu, 03/21/2024 - 15:55
An international consortium behind a planned new €300m media campus in Greystones Co Wicklow has said it is renewing its focus on the project, following the ending of a strike by Hollywood writers and actors which disrupted the sector and its plans for the site.

Art at Hugh Lane Gallery in Dublin valued at €441m

Thu, 03/21/2024 - 15:44
Art collections including masterpiece works by Francis Bacon, Monet, Harry Clarke, Sean Scully and Degas at the Hugh Lane Gallery in Dublin have a combined value of €441m.

eir settles case over worker forced into retirement

Thu, 03/21/2024 - 15:00
Telecoms company eir has settled a case involving a 65-year-old worker who was forced into retirement last year.

US takes on Apple in competition lawsuit

Thu, 03/21/2024 - 14:46
The US Department of Justice and 15 US states have today sued Apple, alleging it monopolised smartphone markets in the first major antitrust effort against the iPhone maker by the Biden administration.

Turkey stuns market with 500-point rate hike to 50%

Thu, 03/21/2024 - 14:24
Turkey's central bank unexpectedly raised interest rates by 500 basis points to 50% today, citing a deteriorating inflation outlook and pledged to tighten further if significant and persistent deterioration in inflation is foreseen.

Streaming subscriptions boost 2023 recorded music revenue

Thu, 03/21/2024 - 14:18
Global recorded music revenues grew for the ninth year in a row in 2023, increasing by 10.2% to $28.6 billion mainly thanks to a rise in paid streaming subscribers, a report said today.

SIPTU members vote in favour of public sector pay deal

Thu, 03/21/2024 - 14:09
SIPTU members in the public service have voted overwhelmingly in favour of the latest public sector pay deal.

Frontline Ventures raises $200m for seed and growth funds

Thu, 03/21/2024 - 14:00
Irish venture capital firm, Frontline Ventures, has raised $200m in new funding across two funds.

New Dublin Express coach route from Terenure to Airport

Thu, 03/21/2024 - 13:20
Dublin Express is set to invest €5m in a new coach route launched today between Terenure and Dublin Airport.

Bank of England keeps UK interest rates at 5.25%

Thu, 03/21/2024 - 12:05
Britain's economy is "moving in the right direction" for the Bank of England to start cutting interest rates, Governor Andrew Bailey said as two of his colleagues dropped their vote a rate hike.

Galderma sets its IPO price at top of range

Thu, 03/21/2024 - 11:23
Skin care company Galderma said today it had set the final price for its initial public offering (IPO) at 53 Swiss francs ($59.86) per share, at the top of its announced range, implying a market capitalisation of 12.6 billion francs at listing.

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