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Updated: 20 min 17 sec ago

Volkswagen, Ford to announce automotive alliance

Tue, 01/15/2019 - 07:50
Volkswagen and Ford are expected to unveil an alliance today that combines forces on commercial vehicles and is likely to expand into joint development of electric and self-driving technology.

Sterling edges higher ahead of crunch Brexit vote

Tue, 01/15/2019 - 07:36
Sterling edged fractionally higher early this morning ahead of today's crunch Brexit vote.

Decision time as British MPs vote on May's Brexit deal

Tue, 01/15/2019 - 07:34
British Prime Minister Theresa May is braced for a potentially crushing Commons defeat for her Brexit deal after an 11th hour appeal for support apparently failed to win round critics.

Boohoo raises revenue guidance after strong Christmas

Tue, 01/15/2019 - 07:32
UK online fashion retailer Boohoo today raised its full-year revenue guidance as it reported robust Christmas sales, successfully navigating a tough trading environment.

Tokyo court denies request for Ghosn's release on bail

Tue, 01/15/2019 - 07:23
The Tokyo District Court has today denied former Nissan chairman Carlos Ghosn's request for release on bail after his indictment last week on two new charges, including for aggravated breach of trust.

EC to publish discussion paper on national tax vetoes

Tue, 01/15/2019 - 07:18
The European Commission is to publish a discussion paper on ending national vetoes in tax policy later today.

Planning system in need of significant reform - Ibec

Tue, 01/15/2019 - 06:52
The organisation representing employers here has called for significant reform of the planning system, including changes to the law governing Compulsory Purchase Orders.

Ministers to discuss legislation for hard Brexit

Tue, 01/15/2019 - 06:43
The Cabinet will this morning hold a detailed discussion about plans to deal with the fallout from a hard Brexit.

No-deal Brexit - a Berlin view

Mon, 01/14/2019 - 20:03
We in Ireland are acutely aware of the danger of a no-deal Brexit for this country. But what of elsewhere in the EU?

Top US utility company prepares bankruptcy filing

Mon, 01/14/2019 - 18:39
PG&E, which is the owner of the biggest US power utility by customers, has said it is preparing to file for Chapter 11 bankruptcy protection as soon as this month amid pressure from potentially crushing liabilities linked to California's catastrophic wildfires in 2017 and 2018.

No-Brexit or soft Brexit hopes a boost for sterling

Mon, 01/14/2019 - 15:02
Sterling hovered just off seven-week highs against the dollar today as markets seized on another warning from prime minister Theresa May that politicians' failure to approve her Brexit deal could lead to the UK staying in the European Union.

Citigroup reports surprise drop in quarterly revenue

Mon, 01/14/2019 - 13:30
Citigroup has today reported a surprise drop in quarterly revenue due to a steep decline in its fixed income trading business, hurt by volatility in financial markets at the end of the year.

Newmont-Goldcorp deal to create biggest gold producer

Mon, 01/14/2019 - 13:18
Newmont Mining said today that it would buy smaller rival Goldcorp in a deal valued at $10 billion, creating the world's biggest gold producer by output.

Petrol prices at the pump fall to 16 month low - AA

Mon, 01/14/2019 - 13:06
The AA's monthly fuel prices survey found that the average cost of a litre of petrol hit a 16 month low in January.

Monte dei Paschi shares suspended after ECB warning

Mon, 01/14/2019 - 12:50
Shares in Monte dei Paschi di Siena were suspended today after sliding by 8.5% on news of a stark European Central Bank warning for the Italian bank.

Call for more collaboration to avoid medicine shortages

Mon, 01/14/2019 - 12:31
The industry body representing medicine suppliers here has called for the Government to improve collaboration with its members in order to avoid the risk of medicine shortages around Brexit.

Former Nissan boss Ghosn's 'harsh' treatment in jail

Mon, 01/14/2019 - 12:12
The wife of sacked Nissan chairman Carlos Ghosn has urged New York-based Human Rights Watch to draw attention to his "harsh treatment" during detention in a Japanese jail.

Oil falls back to $60 on concerns about China slowdown

Mon, 01/14/2019 - 12:05
Oil slipped to around $60 a barrel today after data showed weakening imports and exports in China, the world's second-largest oil consumer, raising the prospect of a slowdown in fuel demand.

Equipment manufacturing apprenticeship is launched

Mon, 01/14/2019 - 12:02
The managing director of a leading forklift manufacturer has said he believes there is a need to review the perception of apprenticeships in Ireland.