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Updated: 1 hour 57 min ago

Ryanair load factor dips to 89% after OTA move

Fri, 02/02/2024 - 07:35
Ryanair flights were emptier in January than the same month a year ago after a number of online travel agents (OTAs) stopped selling its flights in early December, though the budget giant still managed to grow its traffic by 3% year-on-year.

Danske Bank sees flat year-on-year 2024 profit

Fri, 02/02/2024 - 07:27
Danske Bank began to see a slight deterioration in customer credit quality towards the end of last year, it said today as it forecast 2024 profit broadly in line with last year.

Amazon posts AI-fueled cloud and ecommerce growth

Fri, 02/02/2024 - 07:23
Amazon.com has beaten fourth-quarter revenue expectations as new generative AI features in its cloud and ecommerce businesses spurred robust growth during the critical Christmas period.

Facebook parent Meta declares first dividend, shares soar

Fri, 02/02/2024 - 07:18
Meta Platforms has issued its first dividend days ahead of flagship social network Facebook's 20th anniversary, while reporting revenue and profit that beat expectations on robust ad sales in the Christmas shopping period.

Apple's iPhone target billions short of Wall Street

Fri, 02/02/2024 - 07:13
Apple has forecast a drop in iPhone sales and targeted overall revenue $6 billion below Wall Street expectations as its China business took a hit.

Immigration and its growing role in Irish labour force

Fri, 02/02/2024 - 06:01
In a series of articles looking at the issue of immigration in Ireland, today RTÉ News Business Editor Will Goodbody examines the role immigration plays in Ireland's economy and in the labour force.

Immigration and its growing role in Irish labour force

Fri, 02/02/2024 - 06:01
In a series of articles looking at the issue of immigration in Ireland, today RTÉ News Business Editor Will Goodbody examines the role immigration plays in Ireland's economy and in the labour force.

Venture capital activity down by a third in 2023 - KPMG

Fri, 02/02/2024 - 05:00
A combination of geopolitical uncertainties, high interest rates and inflation and ongoing concerns about valuations contributed to a challenging year for the venture capital market in 2023, according to KPMG in its latest Venture Pulse.

daa passenger plan should have come earlier - Aer Lingus

Thu, 02/01/2024 - 17:23
Aer Lingus has said that daa's application to increase Dublin airport's 32m annual passenger cap to 40m could have and should have been made much earlier than last December.

HSE to pay worker €31,666 for unpaid leave over 15 years

Thu, 02/01/2024 - 17:09
The Health Service Executive had to pay an €80,000 bill for travel and subsistence expenses built up by a manager in its estates department who was left reporting to nobody for 15 years until he retired, the WRC has noted.

Cloud Clutter: Why you need a digital spring clean

Thu, 02/01/2024 - 16:20
Multiple devices and countless clouds have made it easy for digital clutter to accumulate – which can stress us out, slow us down, and harm the environment, writes Adam Maguire.

More than 200 Irish-based jobs at PayPal under threat

Thu, 02/01/2024 - 14:38
Payments firm PayPal has proposed cutting up to 205 Irish-based jobs.

British bank TSB to cut jobs and close branches

Thu, 02/01/2024 - 14:27
TSB, the British lender owned by Spain's Sabadell will cut jobs and close branches to improve its efficiency, the CEO of the Spanish bank told a press conference today after TSB set aside restructuring costs of £29m.

Boeing 737 MAX crisis adds to high demand for old planes

Thu, 02/01/2024 - 14:18
The second-hand market for airplanes is booming due to a chronic shortage that has persisted since the pandemic - and fears are growing that Boeing's latest crisis could tighten the squeeze in coming months.

Musk seeks Tesla shareholder vote on moving to Texas

Thu, 02/01/2024 - 14:11
Tesla CEO Elon Musk said today the company will hold a shareholder vote to transfer its state of incorporation to Texas from Delaware, days after a judge invalidated his $56 billion pay package at the electric vehicle maker.

New car sales up 15% in January, EV sales hit new high

Thu, 02/01/2024 - 13:08
New car sales were up 15% in January when compared to the same time last year, new figures show.

Bank of England says interest rates 'under review'

Thu, 02/01/2024 - 12:04
The Bank of England kept interest rates unchanged today, after officials split three ways on the right course for policy and Governor Andrew Bailey wanted more evidence inflation would return permanently to target.

Red Sea disruption not a big deal for inflation so far

Thu, 02/01/2024 - 11:54
The disruption of shipping in the Red Sea has so far not had a material impact on Europe's inflation outlook, European Central Bank chief economist Philip Lane said today.

Irish-based X employee settles court action against firm

Thu, 02/01/2024 - 11:35
A senior Irish-based employee of social media platform X, who allegedly liked tweets critical of the company and its owner Elon Musk, has settled the High Court he brought against his employer after a disciplinary process was brought against him.

CitySwift secures €7m in new funding round

Thu, 02/01/2024 - 11:31
Galway-based transport data company CitySwift has secured €7m in its latest funding round.

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