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Updated: 1 hour 35 min ago

ECB cut: Good news for borrowers but will there be more?

Thu, 03/06/2025 - 17:24
The news that the European Central Bank has cut interest rates for the sixth time in the past 12 months is a positive development for Irish consumers and businesses.

Trump backs off Mexico tariffs as Canada tensions simmer

Thu, 03/06/2025 - 17:19
US President Donald Trump has said he is pausing some of the sweeping new tariffs on Mexican imports, amid continued trade tensions with Canada and sustained blowback from global markets on his policies.

Apple defeats copyright lawsuit over 'Tetris' movie

Thu, 03/06/2025 - 16:48
Apple convinced a New York federal court today to dismiss a copyright lawsuit brought by tech journalist Dan Ackerman, who accused the tech giant of ripping off his book about the landmark video game "Tetris" for a movie on the same subject.

Sacked Passport Office porter loses dismissal claim

Thu, 03/06/2025 - 15:53
A Department of Foreign Affairs porter who was one of two civil servants sacked in the wake of a data breach and the discovery of an unauthorised computer in the basement of the Passport Office in Dublin in 2022 has lost a challenge to his dismissal.

Skillnet Ireland names Mark Jordan as CEO

Thu, 03/06/2025 - 15:19
Skillnet Ireland has named Mark Jordan as CEO.

Volkswagen's entry-level electric car targeted at Europe

Thu, 03/06/2025 - 15:08
Volkswagen will focus the sales strategy for its €20,000 electric car coming out in 2027 on Europe, its brand chief said, adding the carmaker needed until then to bring down battery costs to sell it at that price.

Primark opens first-ever standalone Home store in Belfast

Thu, 03/06/2025 - 14:43
Penneys, which operates as Primark outside of the Republic of Ireland, has today opened its first-ever standalone Primark Home store, located on Donegall Place in Belfast.

Grand Hotel joins FBD Hotels & Resorts portfolio

Thu, 03/06/2025 - 14:25
The Grand Hotel in Malahide in Co Dublin has officially become the seventh property within the FBD Hotels & Resorts (FBDH&R) portfolio.

ICS Mortgages cuts mortgage interest rates again

Thu, 03/06/2025 - 14:13
ICS Mortgages has announced a further reduction in its variable mortgage rates - its seventh successive rate cut since July last year.

Revolut warns over rise in rugby match ticket scams

Thu, 03/06/2025 - 14:08
Revolut is warning of a rise in ticket scams in relation to rugby matches, saying it recorded a third more ticket scam victims among its customers in Ireland during the last two weeks of February.

Trump's Doonbeg hotel reaches deal over temporary fencing

Thu, 03/06/2025 - 14:03
Donald Trump's luxury Irish resort has reached a compromise deal with a county council over the erection of temporary fencing at a beach close to the hotel.

Poor retail sales data show euro zone's consumption dip

Thu, 03/06/2025 - 12:43
Euro zone retail sales unexpectedly dipped in January, adding to signs that a long-predicted consumption-led recovery is not yet on the horizon, fresh data from Eurostat showed today.

ECB cuts interest rates for sixth time since mid-2024

Thu, 03/06/2025 - 12:03
The European Central Bank has cut interest rates as expected and kept the door ajar to more.

ECB cuts interest rates for sixth time since mid-2024

Thu, 03/06/2025 - 12:03
The European Central Bank has cut interest rates as expected and kept the door ajar to more, even as a looming trade war with the US and plans to boost military spending drive Europe's biggest economic policy upheaval in decades.

BP chief take over £2.3m pay cut after slump in profits

Thu, 03/06/2025 - 11:58
BP chief executive Murray Auchincloss took a £2.3m pay cut last year amid a slump in profit at the fossil fuel giant.

Domestic economy posts 'healthy' growth of 2.7% in 2024

Thu, 03/06/2025 - 11:32
The domestic economy grew by a healthy 2.7% last year, according to the latest figures from the Central Statistics Office.

Turkish central bank cuts rates to 42.5% as expected

Thu, 03/06/2025 - 11:23
Turkey's central bank cut its key interest rate by 250 basis points to 42.5% today, in line with expectations, sustaining an easing cycle that it launched in December as inflation continues to fall.

ITV says Studios performing commercially after bid report

Thu, 03/06/2025 - 11:12
Britain's ITV said its Studios production business was performing both creatively and commercially after it delivered record profits in 2024, but it would not be drawn on reports it could spin it out and merge it with RedBird IMI's All3Media.

'Room for improvement' on BusConnects punctuality

Thu, 03/06/2025 - 11:00
There was a 48% increase in the number of passenger boardings in areas of Dublin where new BusConnnects routes are operating compared to the rest of the bus network, but there is "significant room for further improvement" when it comes to the punctuality of these new services.

ALDI Ireland opens latest new store in Waterford City

Thu, 03/06/2025 - 10:32
ALDI Ireland has opened its newest store today in Waterford City.

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