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Updated: 2 hours 51 min ago

PayPal sees flat profit in 'transition year,' shares fall

Thu, 02/08/2024 - 08:14
PayPal's forecast of flat growth in adjusted profit for the current year overshadowed its market-beating earnings report, sending shares of the payments giant down 7% in extended trading.

Siemens profit ahead of forecast despite orders drop

Thu, 02/08/2024 - 08:09
Siemens has today reported first-quarter profit slightly ahead of expectations despite the German engineering group seeing a slowdown at its flagship factory automation unit.

Glass Lewis latest to back Irish RES REIT ahead of AGM

Thu, 02/08/2024 - 07:55
The board of Ireland's largest private landlord, Irish Residential Properties REIT, has received the backing of corporate governance advisor Glass Lewis ahead of the company's EGM next week.

Dublin Bus looks to recruit more women drivers

Thu, 02/08/2024 - 07:47
Dublin Bus is seeking to double the number of women drivers it employs, as only 6% of its current drivers are female.

Maersk says Red Sea crisis poses uncertainty to earnings

Thu, 02/08/2024 - 07:35
Maersk has today reported fourth-quarter profits below expectations and said it expects 2024 earnings well below last year's level amid oversupply of container vessels although uncertainty remains around the impact from Red Sea disruptions.

SocGen's Q4 earnings slide but retail bank a bright spot

Thu, 02/08/2024 - 07:27
French bank Societe Generale has today reported a sharp drop in fourth-quarter net income, although the lender beat analyst expectations thanks to signs of recovery in its domestic retail business and stable investment bank trading revenue.

Unilever reports 4.7% rise in quarterly sales

Thu, 02/08/2024 - 07:20
Unilever has today launched a €1.5 billion share buyback today after volumes increased for the first time in 10 quarters, although the company's CEO said its overall performance still needed to improve.

Disney announces gaming investment, ESPN streaming plans

Thu, 02/08/2024 - 07:17
Walt Disney CEO Bob Iger hit back at activist investors with a slew of announcements, including a splashy investment in "Fortnite" maker Epic Games and plans to launch an ESPN streaming service in 2025.

EY forecasts 'reasonably solid' economic growth

Thu, 02/08/2024 - 05:00
Growth in the Irish economy will be "reasonably solid" in the coming years, according to the latest economic forecast from professional services firm EY.

New tenancy rents rose faster than existing ones - RTB

Thu, 02/08/2024 - 00:01
Rents in new tenancies went up faster than in existing tenancies, according to new figures from the Residential Tenancies Board (RTB) for July to September last year.

New tenancy rents rose faster than existing ones - RTB

Thu, 02/08/2024 - 00:01
Latest figures from the Residential Tenancies Board for July to September last year show rents in new tenancies went up faster than in existing tenancies.

Both sides in Coombe Hospital dispute invited to WRC

Wed, 02/07/2024 - 18:44
Management at Dublin's Coombe Hospital and the Connect trade union have been invited to the Workplace Relations Commission in a bid to resolve a dispute over the introduction of handheld technology.

IMO gives 'guarded welcome' to new NCHD report

Wed, 02/07/2024 - 17:00
The Irish Medical Organisation said it is giving a guarded welcome to the publication today of a new report recommending improved working standards for Non-Consultant Hospital Doctors, formerly known as junior doctors.

New search and rescue operator granted air certificate

Wed, 02/07/2024 - 16:06
Bristow Ireland, which is taking over the contract to provide search and rescue services for the Irish Coast Guard, has received its Air Operator Certificate from the Irish Aviation Authority.

How the 'McDonaldization of society' hits micro food businesses

Wed, 02/07/2024 - 15:57
A distinct local food ecosystem from city to town to village runs contrary to a McDonald's model with its relentless search for uniformity

Microsoft in talks to end trade body's cloud complaint

Wed, 02/07/2024 - 14:18
Microsoft is in talks with CISPE in an attempt to resolve its European Union antitrust complaint about the US software giant's cloud computing licensing practices, the trade group said today.

ESB opens major battery plant at Poolbeg site in Dublin

Wed, 02/07/2024 - 13:39
ESB has officially opened a major battery plant at its Poolbeg site in Dublin, which will store excess renewable energy for discharge when needed.

IGNITE programme for start-ups opens for applications

Wed, 02/07/2024 - 13:12
The IGNITE programme at UCC is accepting new applications for its next start-up incubation programme.

Finnair weighs passengers in Helsinki study

Wed, 02/07/2024 - 12:57
Finnish carrier Finnair has begun weighing passengers with their carry-on luggage as part of a study aimed at better determining the weight of the aircraft before take-off, it said today.

Tube Tech: TVs are getting brighter but harder to see

Wed, 02/07/2024 - 12:41
TV technology seems to be constantly advancing, but sorting out the good from the gimmicks can be tricky, writes Adam Maguire.

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