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Updated: 58 min 21 sec ago

Restrictions imposed on Bank of Ireland debit cards

Fri, 01/11/2019 - 16:03
Some Bank of Ireland customers can not use their debit cards for online and contactless payments today as the bank has imposed restrictions on the cards due to fraud concerns.

INM finalising plan to reduce costs

Fri, 01/11/2019 - 15:58
Independent News and Media is understood to be finalising a restructuring plan for the business aimed at reducing costs across the group.

Austria drops demand for ECB job in boost to Lane

Fri, 01/11/2019 - 14:50
Austria has dropped its plan to propose a new member of the European Central Bank's Executive Board as it does not see a suitable spot amid the impending reshuffle of European positions, Bloomberg reports.

Fuel prices drive US consumer prices lower in December

Fri, 01/11/2019 - 14:33
Falling fuel prices in December pushed US inflation to its slowest pace in more than a year, masking steady gains in food and shelter costs, the government said today.

Expert warns of using AI as 'buzzword' as CES closes

Fri, 01/11/2019 - 14:15
Artificial intelligence (AI) was at the centre of the world's largest technology show but must not be used as a "buzzword" to gain attention instead of driving innovation, an industry expert has warned.

Smart vehicle technology new star of CES

Fri, 01/11/2019 - 13:23
The technology on display at CES increasingly involves cars and other vehicles, with the gadget show becoming ever more diverse in the products showcased as a result.

Volkswagen delivered 10.8 million cars in 2018

Fri, 01/11/2019 - 12:49
Volkswagen Group said today its passenger car deliveries rose 0.9% last year to a record 10.83 million.

Ireland second behind Greece on mortgage interest rates

Fri, 01/11/2019 - 12:42
New figures from the Central Bank show that Ireland now has the second highest average interest rate in the euro zone for new mortgages agreed in November.

New car sales down 4.6% in 2018, used car sales up 7.5%

Fri, 01/11/2019 - 11:32
New figures from the Central Statistics Office show that the number of new cars licensed last year fell by 4.6% while the number of used or imported cars rose by 7.5% to the highest level ever recorded.

Signs of global economic gloom looming

Fri, 01/11/2019 - 11:02
The World Bank has warned of "darkening skies" for the global economy, leading it to cut its growth forecast from 3% to 2.9% for 2019.

Northern Ireland's eerie silence in the eye of Brexit hurricane

Fri, 01/11/2019 - 10:02
The ongoing political stalemate at Stormont comes in the middle of the biggest constitutional storm to hit these islands in decades

UK economic growth hits six-month low

Fri, 01/11/2019 - 10:00
The UK economy cooled in the three months to November, expanding at its weakest pace in six months as factories suffered from tough global trade conditions ahead of Brexit, official data showed today.

Today in the press

Fri, 01/11/2019 - 09:23
Intel, the giant microchip manufacturer, is to begin preparatory work at its base in Leixlip this month in what is widely seen as a prelude to a significant expansion in capacity there.

UK risks 'Brexit paralysis' if deal voted down - Hunt

Fri, 01/11/2019 - 09:17
British Foreign Secretary Jeremy Hunt has said Brexit might not happen if Theresa May's deal is voted down by the British parliament next week.

BMW says group sales up 1.1% in 2018

Fri, 01/11/2019 - 08:57
BMW said its group sales went up 1.1% on a worldwide basis in 2018 to 2,490,664 vehicles.

Richemont says French protests hit sales momentum

Fri, 01/11/2019 - 08:43
Cartier owner Richemont said "yellow vest" protests in France weighed on its sales momentum in the last three months of 2018.

Former Nissan chairman Ghosn indicted on new charges

Fri, 01/11/2019 - 08:20
Tokyo prosecutors have indicted former Nissan chairman Carlos Ghosn on two new charges of financial misconduct his lawyer said.

Virgin Atlantic, Stobart and Cyrus buy UK airline Flybe

Fri, 01/11/2019 - 08:02
A consortium of Virgin Atlantic, Stobart Group and Cyrus Capital Partners agreed to buy UK regional airline Flybe Group for £2.2m.

Oil on track for weekly gains on trade talk hopes

Fri, 01/11/2019 - 07:58
Oil prices were on track for solid weekly gains today after financial markets were lifted by hopes the US and China may soon resolve their trade disputes, and as OPEC-led crude output cuts started to tighten supply.

Debenhams chairman forced out, CEO removed from board

Fri, 01/11/2019 - 07:45
Angry investors forced Debenhams chief executive Sergio Bucher off the board yesterday, and the chairman out of the company.