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Updated: 39 min 6 sec ago

Switch sales push Nintendo's profits higher

Tue, 07/31/2018 - 09:34
Nintendo said its quarterly net profit jumped 43.9% year-on-year to $275 million, driven by the global popularity of its Switch console and game titles.

Just Eat profits dip following acquisition of rival

Tue, 07/31/2018 - 09:03
Online food ordering service Just Eat has reported a 3% drop in profits in the first half of 2018 as it absorbed the cost of rival Hungryhouse.

Hot weather set to dampen Thomas Cook's profits

Tue, 07/31/2018 - 08:36
British travel company Thomas Cook Group said its annual profit would come in at the lower end of expectations after hot summer weather in Europe affected late holiday bookings.

Samsung Electronics posts slower quarterly growth

Tue, 07/31/2018 - 08:30
Samsung Electronics has posted its slowest quarterly profit growth in more than a year as its Galaxy S9 device missed sales targets and competition heated up, casting doubt on its leadership of the smartphone market.

Dixons Carphone data breach bigger than first thought

Tue, 07/31/2018 - 08:23
Dixons Carphone has said a data breach saw around 10 million records containing personal data accessed - more than it first reported.

Profits fall at Bord Gáis after planned plant outage

Tue, 07/31/2018 - 08:20
Profits at Bord Gáis more than halved in the first six months of 2018, according to its parent company's latest results.

Glenveagh buys site in Dublin's Tyrrelstown

Tue, 07/31/2018 - 08:05
Irish developer Glenveagh Properties has acquired a 113 hectare site in Tyrrelstown in Dublin, which it says could eventually facilitate more than 1,250 homes.

Greencore sees revenues rise in third quarter

Tue, 07/31/2018 - 07:52
Dublin-based convenience food company Greencore has recorded revenue of £639.6m in its third quarter - up 0.5% year-on-year.

Central Bank warns of 'hard' Brexit, overheating risks

Tue, 07/31/2018 - 06:27
The risk of a hard Brexit presents a real threat to the Irish economy, according to the Central Bank, which has urged businesses to prepare for all scenarios.

More operations leaving City of London due to Brexit

Mon, 07/30/2018 - 18:02
Deutsche Bank has moved the clearing of a "large part" of new euro-denominated derivatives trades from London to Frankfurt, as financial firms ramp up their Brexit preparations.

Asset movements probed as part of VW emissions inquiry

Mon, 07/30/2018 - 15:41
German prosecutors have said on they are investigating whether former Volkswagen CEO Martin Winterkorn moved some of his assets out of Germany following an inquiry into his role in the manipulation of anti-pollution tests.

Ryanair's German-based pilots back industrial action

Mon, 07/30/2018 - 14:12
Ryanair pilots based in Germany have overwhelmingly backed strike action in a dispute over pay and conditions.

BT Sports loses TV rights to UFC and NBA

Mon, 07/30/2018 - 12:48
BT Sports has lost the right to show the UFC and NBA, with global broadcaster Eleven Sports picking up the mixed-martial arts company's content in its latest acquisition.

Tesco retains top spot in grocery market

Mon, 07/30/2018 - 11:42
Tesco remains the biggest grocery chain in Ireland by market share, having returned to the top spot last month.

'All tracker customers identified', says BOI boss

Mon, 07/30/2018 - 11:00
Bank of Ireland has reported an underlying profit of €500 million euro for the first six months of 2018 - up 1.6% year-on-year.

Govt criticised over funding for broadband plan

Mon, 07/30/2018 - 10:51
The Government has been criticised over funding of the national broadband plan with Fianna Fáil's communications spokesperson saying the money required is not being provided.

Today in the papers

Mon, 07/30/2018 - 09:52
Taxpayers could face a bill of €1 billion to complete the National Broadband Plan, according to industry sources close to the scheme who spoke to The Irish Times.

Mirror owner sees £113.5m loss due to large write-off

Mon, 07/30/2018 - 08:43
British media group Reach has reported a pre-tax loss of £113.5m in the first six months of the year, after writing down the value of its regional newspaper business.

Ladbrokes' owner enters joint venture with MGM Resorts

Mon, 07/30/2018 - 08:22
Ladbrokes owner GVC Holdings has confirmed plans for a joint venture with MGM Resorts that will help the gaming group take advantage of a burgeoning sports betting market in the US.

Kepak acquires British meat processing firm

Mon, 07/30/2018 - 08:08
Food group Kepak has agreed to acquire the business and assets of British-based 2 Sisters Red Meat for an undisclosed sum.

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