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EU car sales at 3-year low in August, EV sales down 43.9%

Thu, 09/19/2024 - 07:13
New car sales in the European Union fell 18.3% in August to their lowest in three years, dragged by double-digit losses in major markets Germany, France and Italy, data from Europe's auto industry body showed today.

Amazon says it invested more than €22 billion in Ireland

Thu, 09/19/2024 - 07:00
Online retail giant Amazon said it has invested more than €22 billion in Ireland since 2004, including more than €3 billion in 2023 alone.

Govt planning to outline use of Apple tax money in Budget

Thu, 09/19/2024 - 06:13
The Government is expected to outline on Budget day how the €14 billion Apple tax revenue will be spent.

X says Brazil service restoration 'temporary'

Thu, 09/19/2024 - 03:17
Elon Musk's X social network said that the restoration of its services in Brazil, where it had been shut down, was "inadvertent and temporary".

Summit to hear how Online Safety Framework is progressing

Thu, 09/19/2024 - 00:00
Taoiseach Simon Harris will today chair an Online Safety Summit in Government Buildings.

McKillen staying involved in Press Up as control shifts

Wed, 09/18/2024 - 21:37
One of the co-founders of Ireland's biggest hospitality chains says he is delighted to be staying involved in the Press Up Hospitality Group.

US Fed cuts interest rates by half a percentage point

Wed, 09/18/2024 - 19:24
The US Federal Reserve has cut interest rates by half of a percentage point, kicking off what is expected to be a steady easing of monetary policy.

US Fed cuts interest rates by half a percentage point

Wed, 09/18/2024 - 19:24
The US Federal Reserve has cut interest rates by half of a percentage point, kicking off what is expected to be a steady easing of monetary policy with a larger-than-usual reduction in borrowing costs that followed growing unease about the health of the job market.

Galway medtech company Luminate raises $15m for expansion

Wed, 09/18/2024 - 18:38
A Galway based company that makes a device to prevent hair loss and peripheral neuropathy in chemotherapy patients has raised $15m.

Fiscal councils absolutely essential IMF deputy MD claims

Wed, 09/18/2024 - 17:58
A senior official with the International Monetary Fund has said that fiscal councils are "absolutely essential" in ensuring that economic forecasts by governments are reasonable.

Govt will not repeat past mistakes in budget - Chambers

Wed, 09/18/2024 - 17:52
The Minister for Finance has insisted that the Government will not repeat the mistakes of the past in the upcoming Budget.

'No easy way' to tackle housing shortage, committee told

Wed, 09/18/2024 - 17:52
An Oireachtas committee has heard that Ireland's "poor" performance in delivering infrastructure means that there is no quick fix for the housing crisis.

Iceland manager left short on pay for months wins €1,900

Wed, 09/18/2024 - 17:20
A worker who said she continued to receive a trainee wage, despite working 50 hours a week or more after being promoted to manage an Iceland branch by herself in the final months before the supermarket chain shut, has won €1,900 in compensation.

Google Ireland lodges appeal against data centre refusal

Wed, 09/18/2024 - 17:09
Google Ireland is contesting South Dublin County Council's planning refusal for the online giant's planned new data data centre for Grange Castle Business Park in south Dublin.

Draft decision on night time flights a 'backward step'

Wed, 09/18/2024 - 17:03
Dublin Airport operator, daa, has said a draft decision from An Bord Pleanála (ABP) regarding the night time use of the second main runway would represent a "backward step".

Plans for Standard Fund Threshold to rise to €2.8m

Wed, 09/18/2024 - 16:18
The Government has announced plans to increase the amount of money high earners can have in their pension pot without facing a significant tax bill.

Permission refused for apart-hotel on Dublin's Thomas St

Wed, 09/18/2024 - 15:58
Dublin City Council has refused planning permission for a seven storey apart-hotel for Dublin's Thomas Street.

Alaska Airlines completes $1.9 billion deal for Hawaiian

Wed, 09/18/2024 - 14:57
Alaska Airlines said today it had completed its $1.9 billion acquisition of Hawaiian Airlines after reaching an agreement with the US Department of Transportation.

Penneys invests €4m in refurbished Cork store

Wed, 09/18/2024 - 14:31
Retailer Penneys has completed a €4m renovation of its Wilton Shopping Centre store in Cork, which forms part of its €250m commitment to its Irish stores.

Finance Minister rules out abolishing inheritance tax

Wed, 09/18/2024 - 13:49
The Finance Minister has ruled out abolishing inheritance tax, saying it would not be fair.

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