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Updated: 2 hours 11 min ago

Glenveagh Properties to build over 2,700 homes this year

Thu, 05/02/2024 - 08:04
Homebuilder Glenveagh Properties said its forward order book now stand at €963m, up from €805m at the end of February.

Smurfit Kappa posts 16% drop in first quarter profit

Thu, 05/02/2024 - 07:49
Smurfit Kappa - Europe's largest paper packaging producer - said its core profit fell by 16% to €487m in the first quarter despite a rise in volumes.

Ryanair's passenger numbers up 8% in April

Thu, 05/02/2024 - 07:38
Ryanair has reported an 8% increase in passenger numbers for April, but its load factor slipped during the month.

AIB's Q1 income up by 18% due to higher interest rates

Thu, 05/02/2024 - 07:31
AIB said its total income increased by 18% in the first quarter of the year on the back of the higher interest rate environment and after what it called "a very strong first quarter performance".

Kerry Group's first quarter revenues drop by 9.9%

Thu, 05/02/2024 - 07:15
Food technology and ingredients company Kerry Group has reported a drop of 9.9% in revenues for the first quarter of 2024 and also announced a new share buyback programme.

US Federal Reserve leaves interest rates unchanged

Thu, 05/02/2024 - 07:01
The US Federal Reserve held interest rates steady last night and signaled it is still leaning towards eventual reductions in borrowing costs, but put a red flag on recent disappointing inflation readings that could make those rate cuts a while in coming.

Microsoft announces $2.2 bn AI investment in Malaysia

Thu, 05/02/2024 - 05:27
Microsoft pledged a $2.2 billion (€2 billion) investment in artificial intelligence and cloud computing in Malaysia to help develop the country's AI infrastructure.

New tenants paying significantly more for rent - RTB

Thu, 05/02/2024 - 00:01
New renters are paying significantly more per month than those with existing tenancies, according to a new report.

Passenger cap at Dublin Airport will cost jobs, daa warns

Wed, 05/01/2024 - 17:26
The chief executive of Dublin Airport operator daa has warned that the passenger cap at the airport will cost jobs next year and the year after, while it awaits a planning decision on increasing it from the current 32 million a year to 40 million.

Oil falls to 7-week low on surprise build in US storage

Wed, 05/01/2024 - 17:10
Oil prices fell about 2% to a seven-week low today on a surprise build in US crude stocks, the prospect of a Middle East ceasefire agreement and persistent US inflation dampening the expected pace of interest rate cuts and oil demand growth.

Media firm owned by Vogue Williams records record profits

Wed, 05/01/2024 - 16:23
The media firm owned by TV presenter, podcast host and model, Vogue Williams last year enjoyed record profits as post tax profits surged to €1.32m for the year.

Apple set for big sales decline

Wed, 05/01/2024 - 16:18
Apple's plan to add generative AI to its iPhones and revive sagging sales in the crucial Chinese market will be in focus tomorrow, when the tech giant is expected to report its biggest quarterly revenue decline in more than a year.

Irish tech firm partners with Minecraft Education

Wed, 05/01/2024 - 16:02
Irish-headquartered global education technology company, Prodigy Learning, has announced that it is officially joining forces with Minecraft Education.

Restaurant boss loses dismissal case at WRC

Wed, 05/01/2024 - 15:07
A takeaway worker who said she was sacked by text after asking for a €1-an-hour raise when its new owner gave her more work to do has won nearly €900 in a claim for unfair dismissal.

New electric vehicle sales drop over 40% in April

Wed, 05/01/2024 - 13:30
The number of new electric vehicles sold in April dropped over 41% when compared to the same month last year, new figures show.

AerCap raises full year earnings guidance

Wed, 05/01/2024 - 13:04
The world's largest aircraft lessor AerCap has raised its full year earnings guidance for 2024 after a strong first quarter performance.

Pfizer lifts 2024 profit view on cost cuts

Wed, 05/01/2024 - 12:49
Pfizer has today lifted its annual profit forecast, banking on cost cuts, a smaller-than-feared drop in sales for its Covid antiviral treatment and strong demand for pneumonia vaccine.

Value of card payments up by 8.2% in March - Central Bank

Wed, 05/01/2024 - 12:18
New figures from the Central Bank show the total value of card payments amounted to €8.1 billion in March, an increase of 8.2% compared to February values.

Flutter shareholders back move to US primary listing

Wed, 05/01/2024 - 11:38
Paddy Power owner, Flutter Entertainment, is aiming to complete the move of its primary share listing from London to New York by the end of the month, its chief executive said today.

Almost 60,000 acres of farm land sold in 2022 - CSO

Wed, 05/01/2024 - 11:24
New figures from the Central Statistics Office show that the median price per acre of agricultural land was €8,094 in 2022, 7.5% higher than in 2021, when it stood at €7,529.

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