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Updated: 2 hours 13 min ago

Alcoa beats its quarterly profit estimates

Thu, 01/17/2019 - 09:19
Top US aluminium producer Alcoa has beaten Wall Street estimates for quarterly profit, buoyed by strength in its alumina segment.

May pushes for consensus on Brexit Plan B

Thu, 01/17/2019 - 08:58
British Prime Minister Theresa May will hold further meetings with MPs and opposition groups today as she faces a deadlock over a new Brexit plan, which must come before parliament on Monday.

French government calls for Renault to replace Ghosn

Thu, 01/17/2019 - 08:50
French Finance Minister Bruno Le Maire said the government had requested a Renault board meeting in coming days to replace the company's scandal-hit chairman and chief executive Carlos Ghosn.

Cairn Homes sold 804 new dwellings last year

Thu, 01/17/2019 - 07:52
Housebuilder Cairn Homes has predicted operating profits of about €53m for 2018 after what it called a "strong trading performance" for the year.

Microsoft pledges $500m to ease local US housing crunch

Thu, 01/17/2019 - 07:30
Microsoft has pledged $500m for loans and grants aimed at ramping up construction of affordable housing in the Puget Sound area of Washington state where the US technology giant has its home.

MIBI issues no-deal Brexit warning to motorists

Thu, 01/17/2019 - 07:28
Motorists may soon be obliged to carry 'proof of insurance' Green Cards for travel in the UK and Northern Ireland in the event of a no-deal Brexit.

Sterling steadies after May wins no-confidence vote

Thu, 01/17/2019 - 07:24
Sterling was stable this morning after British Prime Minister Theresa May survived a no-confidence vote yesterday and invited other party leaders for talks to try to break the impasse on a Brexit withdrawal deal.

Business leaders call for second Brexit referendum

Thu, 01/17/2019 - 07:24
More than 170 leading business figures have called for British Prime Minister Theresa May and Labour leader Jeremy Corbyn to back a second referendum on withdrawal from the European Union.

Primark owner AB Foods holds guidance as revenues rise

Thu, 01/17/2019 - 07:18
Primark owner Associated British Foods today maintained its full-year earnings guidance, reporting revenue growth in the Christmas quarter in all of its businesses apart from sugar.

Supreme Court to hear former bank executive's appeal

Thu, 01/17/2019 - 07:14
The Supreme Court will hear an appeal today by the former chief executive of Irish Life & Permanent against his conviction for his part in a multi-billion euro conspiracy to deceive people about the true state of Anglo Irish Bank.

Ireland not affected by cuts to Norwegian Air flights

Wed, 01/16/2019 - 21:51
Norwegian Air says there will be no impact to flights in and out of Ireland as a result of a decision to discontinue some services.

Taiwan objects to Britain's trade plans post-Brexit

Wed, 01/16/2019 - 20:52
Taiwan objects to Britain's proposed rules for managing its trade in services after it leaves the European Union and has requested negotiations at the World Trade Organization, according to a document seen by Reuters today.

Rising costs and labour shortages hit capital projects

Wed, 01/16/2019 - 19:13
Minister for Finance Paschal Donohoe has signalled possible changes to the start dates of major capital projects because of rising costs and labour shortages.

Marriott looks to reboot loyalty plan after cyber hit

Wed, 01/16/2019 - 14:58
Marriott International will relaunch its loyalty programme under a new brand name, as it seeks to undo the damage to its name from a massive cyber attack that led to millions of customer records being stolen.

Smurf maker Schleich up for sale - sources

Wed, 01/16/2019 - 14:38
Private equity group Ardian is seeking to sell Schleich, the German maker of Smurf figurines as well as plastic animals, dinosaurs, knights and elves, two sources familiar with the deal said today.

Ford forecasts Q4 $112m loss amid restructuring costs

Wed, 01/16/2019 - 14:33
Ford said today it expects to post a $112m loss in the fourth quarter of 2018 as the car maker implements a massive restructuring in the US and Europe.

Goldman Sachs reports higher trading revenue

Wed, 01/16/2019 - 13:19
Goldman Sachs today topped analysts' revenue estimates as stronger equities trading revenue cushioned bond trading losses.

Brexit deal fallout

Wed, 01/16/2019 - 13:00
In the wake of British Prime Minister Theresa May's Brexit deal rejection by the House of Commons, her government now faces a vote of no confidence in parliament.

Bank of America's quarterly profit more than triples

Wed, 01/16/2019 - 12:50
Bank of America today reported better-than-expected fourth-quarter profit as higher interest income and loan growth eclipsed declines in revenue from investment banking and bond trading.

German carmakers warn hard Brexit would be 'fatal'

Wed, 01/16/2019 - 12:43
German carmakers have today warned of fatal consequences if Britain left the European Union without a divorce deal.