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Updated: 1 hour 25 min ago

Retailers rush to avoid delays due to Red Sea attacks

Wed, 01/10/2024 - 07:58
Retailers worldwide are stocking up on goods before China's Lunar New Year holiday and seeking air or rail alternatives to transportation via the Red Sea in a scramble to avoid empty shelves this spring, executives and experts told Reuters.

Oil climbs a second day after US crude inventories down

Wed, 01/10/2024 - 07:51
Oil rose for a second day in a row today after an industry report showed a bigger-than-expected drawdown of crude inventories in the US, the world's biggest oil consumer, that bolstered demand sentiment.

Japan's Nikkei soars to close at near 34 year high

Wed, 01/10/2024 - 07:40
Japanese stocks hit a near 34-year high today while other Asian equities meandered around one-month lows and bond markets traded cautiously ahead of US inflation data due this week.

Greggs sees strong year-end, boosted by strong demand

Wed, 01/10/2024 - 07:32
British baker and food-to-go company Greggs said demand for seasonal products such as its Festive Bake, Christmas lunch baguette and hot drinks helped deliver a better-than-expected 9.4% rise in like-for-like sales in the fourth quarter.

Sainsbury's keeps profit outlook after Christmas sales

Wed, 01/10/2024 - 07:25
Sainsbury's, Britain's second biggest supermarket group, said strong demand for premium products liked dry cured meats and steamed buns helped it to outperform the market in the key Christmas period and reiterate its annual profit outlook.

Full year revenues at Glenveagh Properties dip

Wed, 01/10/2024 - 07:23
Homebuilder Glenveagh Properties has reported a fall in full year revenues for 2023 as its profits edged higher after it included a first time contribution from its Partnerships business segment.

Public sector pay talks to resume at WRC

Wed, 01/10/2024 - 06:24
Public sector pay talks are set to resume this morning at the Workplace Relations Commission.

Irish food and drinks exports declined in 2023

Wed, 01/10/2024 - 05:02
The value of Ireland's food, drink and horticulture exports declined by 4% last year to reach €16.3 billion, following a record breaking year in 2022 when exports grew by 22%.

Alaska Airlines incident 'our mistake' - Boeing CEO

Wed, 01/10/2024 - 02:20
Boeing Chief Executive Dave Calhoun has taken responsibility for a near-catastrophic Alaska Airlines incident last week, vowing "complete transparency" as the aviation giant tries to pivot from its latest crisis.

Alaska Airlines incident 'our mistake' - Boeing CEO

Wed, 01/10/2024 - 02:20
Boeing Chief Executive Dave Calhoun has taken responsibility for a near-catastrophic Alaska Airlines incident last week, vowing "complete transparency" as the aviation giant tries to pivot from its latest crisis.

Unite 'outraged' at Tara Mines proposals

Tue, 01/09/2024 - 20:19
The Unite trade union has expressed outrage at proposals advanced by Tara Mines during talks at the Workplace Relations Commission today.

US Embassy to relocate to new site in Dublin 4

Tue, 01/09/2024 - 15:55
After years of speculation the US Embassy in Dublin has formally confirmed that it has agreed to purchase the site of the former Jury's Hotel in Ballsbridge.

Unwinding of warehoused debt to be 'business friendly'

Tue, 01/09/2024 - 15:44
The Minister for Enterprise has said there must be no "cliff edge" for businesses who will soon have to pay Revenue taxes that they warehoused during the Covid-19 pandemic.

World Bank forecasts 2024 global growth to slow again

Tue, 01/09/2024 - 15:12
The World Bank has today warned that global growth in 2024 is set to slow for a third year in a row, prolonging poverty and debilitating debt levels in many developing countries.

Meta Platforms to restrict more content for teens

Tue, 01/09/2024 - 15:01
Meta Platforms said today it would hide more content from teens on Instagram and Facebook, after regulators around the globe pressed the social media giant to enhance protections for children on its platforms.

Tourism Ireland aims to up revenue by 5.6% up to 2030

Tue, 01/09/2024 - 14:39
Tourism Ireland said today it aims to increase the overall economic value of overseas tourism to the island of Ireland, growing revenue by an average of 5.6% per year over the next six years to 2030.

German retail giant Galeria insolvent after Signa fails

Tue, 01/09/2024 - 14:19
German department store giant Galeria Karstadt Kaufhof said today it had filed for insolvency following the collapse of its parent Signa amid a real-estate crisis in the region.

Ten platforms to be covered by new online safety code

Tue, 01/09/2024 - 12:53
The media regulator, Coimisiún na Meán, has named the ten video-sharing platforms that will be covered by its new online safety code.

Public sector pay talks to resume at WRC

Tue, 01/09/2024 - 12:41
Public sector pay talks are set to resume this afternoon at the Workplace Relations Commission after adjourning before Christmas without agreement.

Farmers feel abandoned by Govt, IFA President tells AGM

Tue, 01/09/2024 - 12:33
The new president of the Irish Farmers Association (IFA) has said political parties cannot take farmers for granted as local, European and national elections approach.

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