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Updated: 10 min 46 sec ago

Vodafone slashing of dividend big blow to Irish shareholders

Tue, 05/14/2019 - 19:09
Vodafone’s dividend has cracked under the strain of falling revenue, soaring spectrum costs, and an €18.5bn acquisition, in a grim reality check for Europe’s struggling phone industry.

Donald Trump dials down the rhetoric to soothe market fears over global trade wars

Tue, 05/14/2019 - 19:07
European and US shares clawed back some of the sharp losses from earlier in the week as President Donald Trump stepped down the rhetoric of the US trade clash with China.

Rural rejuvenation is a prize worth fighting for

Tue, 05/14/2019 - 19:05
The rejuvenation of rural Ireland at a time of unprecedented change in social and economic life is a great challenge for citizens and policymakers alike, writes Joe Gill.

Bank of Ireland board faces barrage of complaints from shareholders over customer service at branches

Tue, 05/14/2019 - 19:01
The Bank of Ireland board faced a barrage of queries and complaints from shareholders on the future of its UK lending operations, customer service and new technology, ATM thefts, dividend payment plans, and lagging shares of Irish banks.

Kerry warned on losing oil rig bounty

Tue, 05/14/2019 - 18:58
The industry group for offshore drilling firms is warning against moves to ban oil and gas exploration, as an exploratory drilling rig prepares to move into position in the Porcupine Basin off Kerry within days.

Permanent TSB hints at further transactions to deal with bad loans

Tue, 05/14/2019 - 18:32
Permanent TSB (PTSB) chief executive Jeremy Masding has hinted that the bank may look at further sales of non-performing loans.

Pubs must adapt to 'rapidly changing' drinking habits

Tue, 05/14/2019 - 18:26
A publican lobby group has warned of "rapidly changing" consumer drinking habits to which the industry must adapt.

Dublin Airport land ‘allocated for spillover freight traffic’ after Brexit

Tue, 05/14/2019 - 18:00
Lord Malcolm Bruce said there is potential for ‘serious congestion’ in the Irish capital if a Brexit deal is not reached.

Kenmare Resources not expecting to become takeover target

Tue, 05/14/2019 - 17:55
Kenmare Resources boss Michael Carvill is not anticipating the company becoming a fresh takeover target amid ongoing consolidation in the industry.

Telecommunications firm ordered to pay €50k to office manager for unfair dismissal

Tue, 05/14/2019 - 16:34
The Workplace Relations Commission (WRC) has ordered a telecommunications firm to pay €50,000 to an office manager for her unfair dismissal.

Court orders man claiming squatters rights in house bought by developer Tom McFeely to leave

Tue, 05/14/2019 - 15:39
A man has been ordered by the High Court to leave a house bought by developer Tom McFeely before he was declared bankrupt.

High Court approves €8m payment from State fund over Setanta liquidation

Tue, 05/14/2019 - 14:02
The payment is to meet the cost of awards or settlements relating to 263 claims made against various Setanta policies.

Agribusiness giant ordered to pay $2 bn to US couple alleged weedkiller caused cancer

Tue, 05/14/2019 - 11:08
But a San Francisco law professor said it is likely a trial judge or appellate court will significantly reduce the punitive damages award.

Laptop computers among Chinese goods targeted by US for new tariff hikes

Tue, 05/14/2019 - 10:10
US officials are targeting a $300 bn (€266 billion) list of additional Chinese imports, including laptop computers, for tariff hikes.

Vodafone cuts dividend after swinging to €7.6bn annual loss

Tue, 05/14/2019 - 09:19
The group slashed its full-year dividend to 9c a share

Former Google boss defends technology giant’s tax record

Tue, 05/14/2019 - 08:38
Eric Schmidt spoke to BBC Newsnight on Monday about the ‘incredibly complicated’ global tax system.

Ireland ‘worst hit’ if US widens trade war front

Tue, 05/14/2019 - 08:15
Ireland will be the worst hit economy in the eurozone if the US-China trade spat broadens to envelop Europe, according to a leading economics group.

UK Metro Bank rejects ‘false rumours’

Tue, 05/14/2019 - 08:00
The shares of Metro Bank, one of the so-called challenger lenders in the UK, have touched another record low despite its assurances that its £350m (€400m) shares sale to repair its finances was well advanced.

Meatless burger firm hits €1.8bn

Tue, 05/14/2019 - 07:57
Impossible Foods, which makes a meatless plant-based burger and is backed by celebrities like Serena Williams and Katy Perry, said it has raised $300m (€267m) in the latest round of funding ahead of a possible initial public offering.

Apple faces lawsuits over App Store prices

Tue, 05/14/2019 - 07:48
The US Supreme Court ruled that consumers can press ahead with a lawsuit that accuses Apple of using its market dominance to artificially inflate prices at its App Store.

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