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Updated: 1 hour 54 min ago

ECB says Europe’s economy seen ‘far’ from stagflation scenario

Wed, 06/22/2022 - 09:53
“Current expert forecasts remain far from a stagflation scenario,” the ECB said. “However, uncertainty has increased,” leading to a greater range of estimated outcomes.

Cork insurance provider Laya Healthcare gives support payment to thousands of customers 

Wed, 06/22/2022 - 08:50
Laya Healthcare customers are eligible for a refund if they have a live health insurance policy with the provider since June 1.The Cork based health ...

UK government extends NatWest trading plan by one year

Wed, 06/22/2022 - 07:52
The UK government said it will only dispose of its remaining 48.5% shareholding in NatWest "when it represents value for money to do so and market conditions allow."

UK inflation rises to new 40-Year high with more gains expected

Wed, 06/22/2022 - 07:24
While the jump was smaller than seen in recent months, the figures still underline the scale of inflation crisis facing the UK.

Injury claims represent largest claims and costs for liability insurance

Wed, 06/22/2022 - 00:05
The report revealed that the cost of premiums for business liability insurance used by a wide range of businesses had increased by 2% from 2019 to 2020.

Limerick hopes staycations trend continues this summer

Tue, 06/21/2022 - 18:12
Limerick 11 Summer 2022 follows last year’s award-winning Double Your Summer campaign

Cork firm Simply Blue to develop new offshore wind farm off Co Down coast

Tue, 06/21/2022 - 16:26
The offshore wind farm will provide a combined capacity of up to 1.3-gigawatt and is to be located off the coast of County Down

Kellogg to split into three independent companies

Tue, 06/21/2022 - 15:55
The cereal maker, whose EU headquarters are located in Dublin, is to break up into three companies focused on snacks, cereals, and plant-based food, in an effort to promote growth

Kellogg will split into three companies to promote growth

Tue, 06/21/2022 - 15:45
The maker of Froot Loops and other well-known breakfast cereals said the companies would focus on global snacking, North American cereals and plant-based foods 

Euro zone at risk of "inflation psychology", ECB's Lane says

Tue, 06/21/2022 - 14:19
"We have very high inflation rates now, and clearly we could be in a world where inflation psychology is taking hold," Lane said

Ireland and Denmark most expensive countries in the EU 

Tue, 06/21/2022 - 12:51
The figures from the EU statistics body revealed that prices in both Ireland and Denmark were 140% higher than the EU average.

Vodafone CEO Anne O'Leary moves to Meta

Tue, 06/21/2022 - 11:43
Vodafone have not yet announced who Ms O’Leary’s successor will be.

Ireland ranked 5th most attractive European country to work in 

Tue, 06/21/2022 - 10:41
The 'Brain Gain or Drain?' report from Indeed showed that Ireland is one of only five European countries to benefit from a 'brain gain'

Ezviz C6 AI-powered indoor camera is smarter than its peers

Tue, 06/21/2022 - 10:19
The Ezviz C6 is a relatively small smart camera with AI features that distinguish it from other indoor cameras. The inclusion of local storage is a ...

EasyJet agrees to buy 56 Airbus A320neo jets

Tue, 06/21/2022 - 09:57
Deliveries of the aircraft, which have a list price of $6.5bn, will begin in easyJet's 2026 financial year to replace the carrier's older A319 and A320 aircraft, the company said.

Tesla to cut its salaried workforce by about 10%

Tue, 06/21/2022 - 09:30
“A year from now, I think our headcount will be higher” both in salaried and hourly workers, but for now the headcount reduction will be 3% to 3.5%, Elon Musk said.

AIB sells €400m in non-performing loans to Everyday

Tue, 06/21/2022 - 07:22
AIB says the deal is an important milestone in reducing its non-performing exposures to below 5%

Intel seeks €593m in interest from EU

Mon, 06/20/2022 - 17:39
Landmark ruling ordered the EU executive to pay default interest on reimbursed fines in annulled antitrust cases

Ireland needs to 'play its part' in enforcing sanctions on oligarchs

Mon, 06/20/2022 - 16:15
In April, the worth of Russian assets that have been frozen by Ireland under these sanctions reached €1bn

US drinks firm to buy Sligo-based Lough Gill Distillery

Mon, 06/20/2022 - 15:22
The acquisition, announced today by Hazelwood Demesne Ltd, owners of Lough Gill Distillery, includes full control of the distillery and the Athrú whiskey brand