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Clann Credo provides over €215m in social finance

Fri, 09/13/2024 - 08:14
Social finance organisation ClannCredo said it has provided over €215m in finance to community and voluntary groups, sports clubs, climate action initiatives, social enterprises as well as social housing in Ireland since 1996.

Vodafone-Three UK deal may push customers bills up

Fri, 09/13/2024 - 07:38
Vodafone's $19 billion merger with Three UK could push up bills for millions of mobile customers and impact providers like Sky Mobile by reducing the number of networks from four to three, Britain's competition regulator has said.

Luckless: Is Friday the 13th bad for business?

Fri, 09/13/2024 - 07:30
There's no evidence that Friday 13th is unluckier than any other day, but it's a bad one for some businesses nonetheless, writes Adam Maguire.

Flutter Entertainment buys 56% stake in Brazil's NSX

Fri, 09/13/2024 - 07:28
Paddy Power owner Flutter Entertainment has bought an initial 56% stake in NSX Group, the Brazilian operator of the Betnacional brand for a cash consideration of about $350m.

ECB's Rehn says rate cuts support growth

Fri, 09/13/2024 - 07:18
The European Central Bank's interest rate cuts support growth, but Europe should get on the road to better productivity, ECB Deputy Governor Olli Rehn said today.

Adobe forecasts downbeat quarterly earnings

Fri, 09/13/2024 - 07:14
Photoshop maker Adobe has forecast fourth-quarter earnings below analysts' estimates, signaling stiff competition and soft demand for its AI-integrated editing tools amid challenging economic conditions.

Stellantis pauses production of electric Fiat 500

Fri, 09/13/2024 - 07:06
Stellantis is to suspend production of the fully electric Fiat 500 small car for four weeks due to sluggish demand.

Boeing workers in US to strike after 96% vote for walkout

Fri, 09/13/2024 - 05:55
Boeing's US West Coast factory workers will walk off the job after 96% voted in favour of a strike, halting production of the planemaker's strongest-selling jet as it wrestles with chronic output delays and mounting debt.

Consumer sentiment has rebounded, research finds

Fri, 09/13/2024 - 05:00
Consumer sentiment has rebounded markedly, new research has found.

Unite plumbers, fitters and welders strike for second day

Fri, 09/13/2024 - 05:00
Plumbers, fitters, welders and apprentices who are member of the Unite trade union are picketing a number of construction sites around the country again today.

Who will benefit from ECB interest rates cut?

Thu, 09/12/2024 - 17:44
There is little surprise that the European Central Bank has moved to cut rates by a further 0.25%.

Tesco loses UK legal battle over 'fire & rehire' of staff

Thu, 09/12/2024 - 17:33
Tesco was not entitled to terminate some employees' contracts and offer to rehire them on less favourable terms, the United Kingdom's Supreme Court ruled today.

IAA proposes limiting summer flights at Dublin airport

Thu, 09/12/2024 - 17:24
The aviation regulator has proposed limiting passenger seat capacity at Dublin Airport over next summer because of the passenger cap at the airport.

Profits surge 37% at luxury holiday firm Adams & Butler

Thu, 09/12/2024 - 16:55
Two 'high-flying' couples from the US spent €200,000 on a two week holiday here and in the UK last year in a break that contributed to profits surging to €600,153 at luxury holiday firm, Adams & Butler.

NDP construction consultant contracts to be index linked

Thu, 09/12/2024 - 16:24
Public contracts used to engage construction consultants and archaeologists working on projects under the National Development Plant are to have fee indexation introduced to them.

Consultants hit out at council over daa car park refusal

Thu, 09/12/2024 - 16:05
Planning consultants for Dublin airport operator, daa, have hit out at Fingal County Council over its refusal to approve plans for a 950 space staff car park for the airport.

Agri-Food Regulator seeks more powers to extract data

Thu, 09/12/2024 - 15:55
The Agri-Food Regulator has written to the agriculture minister seeking additional powers to allow it to compel businesses in the agri-food supply to chain to provide price and market information to it.

Global rate cutting cycle picking up pace

Thu, 09/12/2024 - 15:24
Interest rate cuts from major central banks are well underway, with the European Central Bank today delivering its second quarter-point cutof the year.

ICS first to cut variable rates following ECB reduction

Thu, 09/12/2024 - 15:24
ICS Mortgages said today it will reduce its variable rate mortgage products from October 1.

Is shrinkflation the worst business practice ever?

Thu, 09/12/2024 - 12:24
The majority of consumers consider reducing product size to be a dishonest practice and much more unfair than a price increase

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