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Updated: 22 min 48 sec ago

UK economy shows no growth in July as manufacturing sags

Wed, 09/11/2024 - 07:26
Britain's economy stagnated for a second month running in July as manufacturing output dropped sharply, an inauspicious start for the new government of Prime Minister Keir Starmer who wants to vastly improve the country's growth rate.

Inditex's strong autumn sales offset H1 growth slowdown

Wed, 09/11/2024 - 07:20
Zara owner Inditex has today reported a rebound in recent sales of its first autumn-winter collections, offsetting a slowdown in sales in the first half of the year that was in line with analysts' expectations.

Rightmove rejects £5.6 billion offer from Murdoch's REA

Wed, 09/11/2024 - 07:15
Australian property listing firm REA Group said today that Britain's largest real estate portal Rightmove had rejected its £5.6 billion cash-and-stock takeover offer.

Rebound of hiring confidence in the tech sector - survey

Wed, 09/11/2024 - 07:09
Ireland's tech sector expects a resurgence in hiring confidence following consecutive quarters of stagnant recruitment, according to the latest Manpower Group Employment Outlook Survey.

NetApp announces 60 new jobs for Cork

Wed, 09/11/2024 - 07:04
Data management company NetApp has announced that it will create more than 60 new software development jobs at its international headquarters in Cork.

Scalp-cooling device for chemo patients wins Dyson Award

Wed, 09/11/2024 - 00:00
University of Limerick graduate Olivia Humphreys has been named as the Irish national winner of the James Dyson Award 2024.

Plans lodged for Alo Yoga outlet on Grafton Street

Tue, 09/10/2024 - 17:54
High end yoga apparel retailer and favourite of celebrities, Alo Yoga is entering the Irish retail market and is planning to set up its first store on Dublin's Grafton Street.

Campbell Soup dropping 'soup' in name

Tue, 09/10/2024 - 17:06
Campbell Soup CPB.O is dropping "soup" from its name to become "The Campbell's Company," CEO Mark Clouse has said, a pivot symbolising the company's shift to other packaged food such as jarred sauces like Rao's and Goldfish snacks.

Retired ornament dealer named in tax defaulters' list

Tue, 09/10/2024 - 16:07
A retired ornament dealer has been named in the latest tax defaulters list from Revenue after he received a court-determined penalty of €764,630.

MTM Engineering announces new Slane HQ and 200 new jobs

Tue, 09/10/2024 - 15:32
MTM Engineering has announced the creation of 200 jobs as it moves into its new headquarters in Slane, Co Meath.

Former Swedbank chief executive jailed for 'swindling'

Tue, 09/10/2024 - 14:12
A Swedish court has today sentenced the former chief executive of Swedish bank Swedbank to 15 months in prison for deceiving investors about the bank's links to a money laundering scandal.

UK's Paul Marshall buys The Spectator magazine

Tue, 09/10/2024 - 12:58
British hedge fund founder Paul Marshall has bought The Spectator political magazine for £100m, seller RedBird IMI said today.

Apple's new iPhone 16 shows how AI is shaking up the tech giant

Tue, 09/10/2024 - 12:26
There's a rush to incorporate AI-based tools into smartphones and Apple is no different, as the new iPhone shows

What's going to happen to the €13bn after Apple judgment?

Tue, 09/10/2024 - 12:23
There is no doubt that today's surprise ruling forcing Apple to pay Ireland an eye-watering €13bn plus interest is a significant blow to the State's reputation.

Apple tax ruling a 'big win for EU citizens' - Vestager

Tue, 09/10/2024 - 11:38
EU competition chief Margrethe Vestager has hailed the judgment by the European Court of Justice as "a big win for EU citizens and tax justice".

Plumbers, pipefitters and welders to strike on Friday

Tue, 09/10/2024 - 11:36
Hundreds of plumbers, pipefitters, welders and apprentices, who are members of the Unite trade union, will take further strike action on Friday in a dispute over travel allowances.

New electric cars licensed so far this year down 25%

Tue, 09/10/2024 - 11:18
New figures from the Central Statistics Office reveal a 25% slow down in the number of electric cars licensed for the first time in the first eight months of 2024 when compared with the same time last year.

Lowry ends sponsorship deal with Kingspan

Tue, 09/10/2024 - 10:39
Shane Lowry will no longer be sponsored by Irish building materials company Kingspan, confirming in a statement that the two had "mutually agreed to discontinue our sponsorship relationship".

Apple tax funds 'cannot be used for day-to-day spending'

Tue, 09/10/2024 - 10:28
Tánaiste Micheál Martin has said that the €14 billion in tax due to Ireland following this morning's ruling against Apple cannot be used for day-to-day spending, adding that the Government will give careful consideration on how best to use the funds.

Apple tax decision a 'big blow to Ireland'

Tue, 09/10/2024 - 10:28
The ECJ has today ruled in favour of the European Commission in the Apple tax case and determined that Ireland was in breach of State Aid rules.

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