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Updated: 44 min 26 sec ago

Ulster Bank announces 800 further redundancies as part of Irish exit 

Wed, 05/24/2023 - 14:33
Chief Executive, Jane Howard said they expected this to be the last bank-wide redundancy programme this year

Meta expects to lay off 490 Irish staff in new round of redundancies

Wed, 05/24/2023 - 14:00
The latest wave of job cuts is set to shrink Meta’s Irish workforce to 2,600 and will impact around 6,000 jobs in total across its global operations.

Irish Life to increase health insurance premium prices by 5% from July

Wed, 05/24/2023 - 13:30
The company said customers will see a 5% jump in premiums from the start of July

SSE Airtricity owner posts 89% jump in annual profit

Wed, 05/24/2023 - 08:32
The company posted adjusted pre-tax profit of £2.18bn (€2.5bn) for the year ended March 31, up from £1.16bn reported a year earlier.

Bulmers maker C&C profits soar 75% following price increases

Wed, 05/24/2023 - 08:06
Last week, C&C said one of its units had faced delays in time and costs to integrate a business management software, which is expected to have a one-off impact on the group's profit in fiscal 2024.

Rising house prices make borrowers more prudent, report shows

Wed, 05/24/2023 - 00:03
Some of the figures in the BPFI report did not show the full impact of ECB monetary policy over the last year on rates paid by new borrowers

Cork HR firm an ‘effective outsource’ for multinationals

Tue, 05/23/2023 - 20:08
Peninsula said an increasing number of large organisations are using its services through non-disclosure agreements as outsourcing HR may be seen as 'taboo'

Cork's outdoor dining and pedestrianisation experiment to continue

Tue, 05/23/2023 - 16:53
First introduced as a lifeline in 2020 for hospitality businesses struggling with covid, pedestrian-friendly environments will expand. 

Isme appoints Marc O'Dwyer as new chair

Tue, 05/23/2023 - 15:46
The Big Red Cloud CEO succeeds Margaret O’Rourke Doherty in his new role

Google-backed artificial intelligence start-up reaches $4bn valuation 

Tue, 05/23/2023 - 15:25
Anthropic said its AI systems are safe because they would not tell users how to build a weapon or use racially biased language

Gucci-owner, Louis Vuitton and Hermes drop €28bn in market value on US concerns

Tue, 05/23/2023 - 15:06
'Subdued' performance of luxury goods in US offset by buoyant demand in Asia, analysts say

Shell CEO shielded by security as climate protesters try to storm AGM stage

Tue, 05/23/2023 - 14:58
A company spokesperson said the protestors were "not interested in constructive engagement" and pointed to Shell's plans to become a net zero carbon company by 2050

UK's Jeremy Hunt meets with food firms as British inflation roars

Tue, 05/23/2023 - 14:19
Meanwhile, the British will grow faster than Germany this year and avoid a recession, the International Monetary Fund

Housing remains 'largest stumbling block' in Mid-West as full employment exacerbates demand

Tue, 05/23/2023 - 14:10
Across Limerick, just 43% of homes sold last year went to owner occupiers, with supply shortages posing a "serious risk" to businesses in the region

Upper Crust-owner SSP shares rise 3% on profit outlook for food and coffee group         

Tue, 05/23/2023 - 13:05
Increased travel boosted demand at coffee and sandwich retailer's outlets at airports and railway stations

Apple and Ireland hit back at EU over €13bn tax bill

Tue, 05/23/2023 - 13:04
Apple said it is paying around €20bn in tax in the US on those very same profits that the commission says should have been taxed by Ireland.

EU's top court to begin hearing Apple tax appeal case

Tue, 05/23/2023 - 07:58
If the ruling is overturned, the US tech giant would be forced to pay the multi-billion euro tax bill, along with €1 billion in interest.

Electric car prices up 13% due to supply and demand issues

Tue, 05/23/2023 - 07:20
The average cost of a new EV was €64,755 — an increase of 13% compared to the same period last year.

Resilience of businesses driving FDI and indigenous investment, says Cork Chamber 

Mon, 05/22/2023 - 21:35
Speaking at its 204th AGM, Cork Chamber president Ronan Murray said an 'era of exciting change' awaited Cork

McGrath: 'Justification' for supermarkets to cut prices

Mon, 05/22/2023 - 21:22
The finance minister also said that wholesale energy costs have fallen, but the passing on of those benefits have been limited