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Updated: 16 min 7 sec ago

New cricket stadium to deliver tourism dividend of €93m

Tue, 05/06/2025 - 16:20
Plans lodged by Sport Ireland for a new National Cricket Centre, including a spectator bowl, will generate a €93m tourism dividend here over a five year period.

US tariffs of 10% would hit GDP growth next year - dept

Tue, 05/06/2025 - 15:48
Continuing US tariffs of 10% would reduce Gross Domestic Product, a measure of economic growth which includes multinationals, by 1.5 percentage points next year, according to the Department of Finance.

US trade deficit hit fresh record before Trump tariffs

Tue, 05/06/2025 - 15:27
The US trade deficit reached a new record in March, according to fresh government data published today, as imports surged ahead of President Donald Trump's "liberation day" tariff rollout.

Tax take to end of April up 15% on same time last year

Tue, 05/06/2025 - 15:08
Tax receipts for the first four months of the year are up 15.3% on the same time last year, the latest Exchequer Returns from the Department of Finance show.

BP shares rise on rumour of bid by Shell

Tue, 05/06/2025 - 14:23
British oil group BP, which has lagged rivals in recent years, saw a boost to its share price today on rumours of a possible mega takeover by rival Shell.

Salesforce to pay €1k over delay in response to commute

Tue, 05/06/2025 - 14:18
A recruiter at Salesforce who moved to the west of Ireland with his family under a remote work arrangement - only to be ordered back to an office 275km away after less than a year - is the first person to win compensation for a breach of legislation which came into force last year.

Timing of Easter boosts grocery sales in April - Kantar

Tue, 05/06/2025 - 12:54
Boosted by the timing of Easter this year, take-home grocery sales in Ireland over the four weeks to April 20 increased by 8.4% compared to the same time last year.

EU won't be pushed into unfair US tariffs deal - Šefčovič

Tue, 05/06/2025 - 12:52
The European Union is under no pressure to accept an unfair tariff deal with the US, its trade chief said today, adding that it was being contacted by other countries seeking to forge closer trade ties with the 27-nation bloc.

Air Canada resumes extended Dublin to Vancouver flight

Tue, 05/06/2025 - 11:02
Air Canada, Canada's largest airline, relaunched its seasonal service between Dublin and Vancouver over the weekend.

Philips cuts profit estimates as trade war clouds outlook

Tue, 05/06/2025 - 11:00
Dutch healthcare technology company Philips has today cut its profit margin forecast for 2025, citing a net impact from tariffs of between €250-300m despite "substantial tariff mitigations".

Call for clarity on laws around serving 0% beer to minors

Tue, 05/06/2025 - 11:00
The Minister for Justice has been asked to clarify laws around the sale of non-alcoholic beers to minors in pubs.

NTMA to auction up to €1.25 billion of nine-year debt

Tue, 05/06/2025 - 10:16
The National Treasury Management Agency said it plans to hold a bond auction on Thursday May 8, which will seek to raise between €1 billion and €1.25 billion in nine-year debt.

Calm dialogue needed between EU, US over tariffs - Harris

Tue, 05/06/2025 - 09:54
Tánaiste and Minister for Foreign Affairs Simon Harris has called for "calm, measured dialogue" between the EU and US to end the ongoing tariffs threats.

Euro zone economic growth slows in April - PMI

Tue, 05/06/2025 - 09:39
The euro zone economy continued to expand in April but at a slower pace as demand weakened and the dominant services sector nearly stagnated, suggesting the region's recovery remains fragile, a survey showed.

Ørsted starts construction on second Irish solar farm

Tue, 05/06/2025 - 09:24
Denmark-based green energy company Ørsted has begun construction on its second Irish solar farm in Ballinrea, located between Carrigaline and Cork city.

Zalando beats Q1 revenue forecast, confirms 2025 goal

Tue, 05/06/2025 - 08:54
European online fashion retailer Zalando has today reported first-quarter revenue that was stronger than expected thanks to additional customers and a good start to spring and summer sales, and confirmed its 2025 guidance.

Companies urged to comply with new accessibility law

Tue, 05/06/2025 - 08:53
Irish firms need to ensure they are compliant with new European accessibility rules or risk significant penalties, a digital design expert has warned.

Hugo Boss reports better than expected Q1 revenue

Tue, 05/06/2025 - 08:32
German fashion group Hugo Boss has today reported a better-than-expected quarterly revenue and maintained its full-year forecast amid increased macroeconomic uncertainties.

Ford warns of $1.5 billion hit from Trump's tariffs

Tue, 05/06/2025 - 08:18
Ford Motor has suspended its annual guidance because of uncertainty around US President Donald Trump's tariffs, saying the levies would cost the company about $1.5 billion in adjusted earnings before interest and taxes.

Mattel to hike US prices as tariffs raise costs

Tue, 05/06/2025 - 08:06
Barbie-maker Mattel has withdrawn its annual financial targets and said it would increase prices for some products in the US as the Trump administration's sweeping tariffs bump up input costs for the toymaker.

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