Business News

British Prime Minister Theresa May has told Taoiseach Leo Varadkar she accepted that the backstop to avoid a hard border could not be time-limited, with an expiry date, according to a Government source.
Posted: October 18, 2018, 4:57 pm
Posted: October 18, 2018, 4:43 pm
The Government has published the Finance Bill 2018, which will give effect to the measures announced in Budget 2019.
Posted: October 18, 2018, 4:42 pm
Rabobank has said it is looking into the possibility of selling its ACC Loan Management portfolio next year.
Posted: October 18, 2018, 2:06 pm
The last piece of debt sold by the State before it entered the bailout programme matures today.
Posted: October 18, 2018, 1:45 pm
Eir has announced it is to create 750 jobs in Sligo, Cork and Limerick six months after it cut the same number of jobs as part of a voluntary redundancy programme.
Posted: October 18, 2018, 12:45 pm
The European Commission has decided to withdraw a European Court of Justice action against Ireland over delays in recovering the €13.1 billion owned by Apple in disputed taxes.
Posted: October 18, 2018, 12:17 pm
Finance Ireland has accelerated its plans to enter the residential mortgage market, agreeing a deal to buy the mortgage origination business of Pepper Money in Ireland for an undisclosed sum.
Posted: October 18, 2018, 11:36 am
Demand in China and India powered a 10.4% rise in quarterly sales for France's Pernod Ricard, helping the maker of Jameson Irish whiskey and Absolut vodka offset slower progress in its main US market.
Posted: October 18, 2018, 11:19 am
A free-spending summer by UK consumers came to an abrupt end last month with the biggest fall in sales in six months, raising questions about one of the main drivers of the economy ahead of Brexit, official figures show.
Posted: October 18, 2018, 10:35 am
Culture in banking is one of the principal themes of this year's Banking and Payments Federation national conference.
Posted: October 18, 2018, 10:04 am
Brexit presents both challenges and opportunities for the Irish third-level sector
Posted: October 18, 2018, 9:41 am
AIB chief executive Bernard Byrne has said the market for mortgages would be smaller than expected in 2018, but the shortfall would be erased in the medium term as newly built property becomes available for buyers.
Posted: October 18, 2018, 8:35 am
Mobile telecom equipment maker Ericsson has today beaten third-quarter operating profit forecasts, boosted by sales of next-generation 5G gear in North America.
Posted: October 18, 2018, 8:01 am
The Dublin Port Company has started construction of primary border control infrastructure in preparation for Brexit.
Posted: October 18, 2018, 7:45 am
Food group Nestle confirmed it wants to grow sales by around 3% this year after it reported improved trading in North America and infant nutrition had pushed up underlying sales in the third quarter.
Posted: October 18, 2018, 6:59 am
Unilever has today reported a pick-up in third-quarter sales, as higher prices helped blunt commodity cost increases.
Posted: October 18, 2018, 6:56 am
US central bankers see no reason to pause their current course of gradual interest rate hikes amid the US economy's brisk expansion, according to minutes released last night.
Posted: October 18, 2018, 6:53 am
Cobalt, a low-cost carrier operating flights out of Cyprus since 2016, has suspended operations indefinitely, a statement on it website said.
Posted: October 18, 2018, 6:37 am
Escalating trade wars "pose real risks" to the global economy, potentially threatening millions of jobs.
Posted: October 18, 2018, 5:51 am


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