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Updated: 1 hour 46 min ago

EU clinches deal on derivative clearing ahead of Brexit

Thu, 03/14/2019 - 07:40
European Union governments and politicians have agreed new rules that could force large foreign clearing houses with operations in the bloc to relocate there if they want to continue servicing their EU clients.

Facebook and Instagram hit with outages

Wed, 03/13/2019 - 20:59
Facebook and Instagram users lost access to the social network's applications in many parts of the world today as a result of an outage of undetermined origin.

What is a tariff? Your questions answered

Wed, 03/13/2019 - 16:26
What is a tariff? Business Editor, Will Goodbody, answers all your questions about the topic of the day.

Airlines keep calm and carry on after Boeing groundings

Wed, 03/13/2019 - 15:38
Groundings of brand-new Boeing 737 MAX 8 jets have sent shockwaves through global aviation after a crash in Ethiopia.

UK taxpayers set to lose £31 billion on RBS rescue

Wed, 03/13/2019 - 15:09
Britain's fiscal watchdog today increased its estimate of the likely loss to taxpayers from the 2008 rescue of Royal Bank of Scotland to £31 billion, up £2.4 billion from October.

VW brand to cut up to 7,000 jobs in new savings drive

Wed, 03/13/2019 - 15:00
Volkswagen will cut up to 7,000 positions, aim to boost productivity and deliver €5.9 billion of annual savings at its core VW brand by 2023, in its latest attempt to raise profitability at its top-selling division.

Hammond talks up UK economy despite Brexit 'cloud'

Wed, 03/13/2019 - 13:55
Brexit is casting a "cloud of uncertainty" over the British economy, Chancellor Philip Hammond admitted, after MPs rejected Theresa May's deal and the Budget watchdog slashed growth forecasts.

The costly ship that almost no one wants

Wed, 03/13/2019 - 13:33
It is not often the Revenue Commissioners give anything away for free, but that is exactly what they are trying to do with the MV Shingle.

Bank CEO pay limits 'huge concern' for investors

Wed, 03/13/2019 - 13:28
Irish bank pay caps and bonus restrictions are now a major worry, a group of investors have told Finance Minister Paschal Donohoe.

Irish firms announce 280 jobs in US on Varadkar visit

Wed, 03/13/2019 - 12:46
Irish companies Netwatch and RelateCare are to announce 280 new jobs in the US.

PAC says NAMA should put new check system in place

Wed, 03/13/2019 - 11:56
The Public Accounts Committee has said that NAMA's failure to check if a loan is being taken out by an original buyer is "unacceptable".

Brexit deal only orderly way out for UK - Barnier

Wed, 03/13/2019 - 11:47
The EU's chief Brexit negotiator Michel Barnier has told the European Parliament that the Withdrawal Agreement reached last November "is and will remain the only available treaty".

Tariff proposals designed to put pressure on Irish

Wed, 03/13/2019 - 11:33
The UK Tariff plan - and its timing - is designed to pressure the Irish into abandoning the backstop at next week's European Council, writes Economic Correspondent Sean Whelan.

Parcel delivery boosts profits for An Post

Wed, 03/13/2019 - 11:31
An Post's mail business has declined in line with international trends, however, it has been offset by a 40% volume growth in parcels, as more and more people shop online.

UK tariff proposals a 'potential disaster' - Creed

Wed, 03/13/2019 - 11:27
Minister for Agriculture Michael Creed has said the UK's tariff proposals in the event of a no-deal Brexit are a "potential disaster".

Spotify lodges EU complaint against Apple

Wed, 03/13/2019 - 11:22
Swedish music streaming giant Spotify has filed a complaint with the EU Commission against Apple, accusing its US rival of stifling competition in the online music market.

Dublin Airport reports record February numbers

Wed, 03/13/2019 - 10:26
Dublin Airport said that passenger numbers surpassed the two million mark in February for the first time in its 79-year history.

Today in the press

Wed, 03/13/2019 - 10:13
Building new power lines is unavoidable but Eirgrid must get better at persuading communities of their benefits, the State grid operator's CEO has said.

Supply chain problems slow Adidas growth

Wed, 03/13/2019 - 09:54
Adidas said it expects supply chain issues to dent sales growth in the first half of the year, particularly in North America.

Kenmare Resources' 2018 profits and revenues soar

Wed, 03/13/2019 - 09:26
Titanium miner Kenmare Resources has reported sharply higher profits and revenues for the year to the end of December.