Business News

Dublin based digital health company SilverCloud has been acquired by US telemedicine company Amwell, along with another company Conversa Health, in a deal valued at $320 million.
Posted: July 28, 2021, 2:21 pm
Boeing landed its first quarterly profit since 2019 due to a recovering commercial aviation market that will enable the company to cut fewer jobs than initially planned, according to results released today.
Posted: July 28, 2021, 1:37 pm
Swedish music streaming service Spotify has posted a narrowed quarterly loss as the number of paying subscribers grew, while reporting a disappointing overall user growth.
Posted: July 28, 2021, 12:54 pm
The National Asset Management Agency recorded a €20m profit in the three months to the end of March, according to accounts submitted to the Oireachtas.
Posted: July 28, 2021, 12:45 pm
Irish-headquartered Dole Plc has slashed the marketed price range for its initial public offering in the United States, a move that reduced the fruit and vegetable grower's targeted valuation by more than $400m.
Posted: July 28, 2021, 12:19 pm
Microsoft has appointed Anne Sheehan as its new general manager in Ireland.
Posted: July 28, 2021, 12:18 pm
Pfizer has raised its forecast for sales of the Covid-19 vaccine that it developed with Germany's BioNTech by 28.8% to $33.5 billion, as countries scramble to secure supply of the shots.
Posted: July 28, 2021, 11:59 am
Tesla showed signs this week of divergent strategies in the world's two biggest automotive markets, raising prices to boost profit margins in the United States while keeping prices steady in China and hoping to grow sales there.
Posted: July 28, 2021, 11:44 am
Retail sales volumes grew 3.3% in June compared to the previous month after restaurants and bars were allowed to serve customers outdoors for the first time this year.
Posted: July 28, 2021, 11:13 am
Spain's Santander beat forecasts with a 35% jump in second-quarter underlying profit on the back of lower loan loss provisions, strong US consumer business and a rise in mortgage lending in the UK market.
Posted: July 28, 2021, 10:06 am
British bank Barclays has said interim net profits surged more than five-fold on lower-than-expected credit losses linked to the Covid pandemic.
Posted: July 28, 2021, 9:17 am
Microsoft posted its most profitable quarter today beating Wall Street expectations for revenue and earnings, as PC sales declines stemming from a global chip shortage were more than made up for by a boom in cloud services.
Posted: July 28, 2021, 8:50 am
British house prices fell in July after a Covid-19 emergency tax break for buyers was scaled back at the end of June but demand for bigger homes as a result of the pandemic is likely to support the market, mortgage lender Nationwide said.
Posted: July 28, 2021, 8:39 am
Deutsche Bank has delivered a better-than-expected quarterly profit despite some unexpected costs and a decline in its investment banking revenue, sending shares of Germany's biggest lender up 2.2% in pre-market trading.
Posted: July 28, 2021, 8:31 am
Apple has said a global chip shortage that has impacted its ability to sell Macs and iPads will start to affect iPhone production, sending its shares lower.
Posted: July 28, 2021, 8:22 am
Google parent Alphabet's quarterly revenue and profit surged to record highs, powered by a rise in advertising spending as more consumers shopped online.
Posted: July 28, 2021, 8:16 am
Paper and packaging group Smurfit Kappa has reported higher profits and revenue for the first half of its financial year.
Posted: July 28, 2021, 7:13 am
Permanent TSB has cut its first-half loss to €4 million as it recovered from a year of Covid-19 disruption and said mortgage approvals were growing strongly ahead of a major loan acquisition from one of its departing rivals.
Posted: July 28, 2021, 7:10 am
The number of people receiving the Pandemic Unemployment Payment (PUP) is now at its lowest level since the introduction of the Government support in March 2020.
Posted: July 28, 2021, 7:00 am
The national organisation promoting and developing co-operative housing in Ireland said it delivered 454 homes last year, despite the challenges posed by Covid-19.
Posted: July 28, 2021, 6:07 am


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