Business News

This week the rapidly escalating controversy at Independent News & Media spilled over into the political arena and put a Government minister on the ropes.
Posted: April 21, 2018, 9:32 am
The Governor of the Central Bank has said that most of the customers wrongly taken off tracker mortgages will have received their compensation payments by the end of June
Posted: April 21, 2018, 9:22 am
50 jobs are to go at CG Power Systems in Cavan. The company said the redundancies are necessary to maintain its competitiveness.
Posted: April 20, 2018, 7:52 pm
Wells Fargo has agreed to pay $1 billion in penalties to federal regulators to settle a probe into abuses at its car and mortgage businesses, the bank and regulators said today.
Posted: April 20, 2018, 5:42 pm
Brexit could see a significant increase in the amount of freight moving between Dublin and mainland Europe, according to the Chief Executive of Dublin Port.
Posted: April 20, 2018, 5:31 pm
Nissan will cut hundreds of jobs at its Sunderland plant, Britain's biggest car factory, as it tackles declining demand for diesel models across Europe, a source told Reuters today.
Posted: April 20, 2018, 4:02 pm
More than a hundred post offices could close after An Post reached a deal with the Irish Postmasters Union (IPU) to modernise the country's post office network.
Posted: April 20, 2018, 3:32 pm
The euro weakened below $1.23 at one stage today and is poised for its biggest weekly drop in two months.
Posted: April 20, 2018, 3:20 pm
Japan's Takeda Pharmaceutical has increased its offer for Shire to $47 a share after its three previous bids - the last at £46.50 - were rejected by the rare-disease drugs specialist.
Posted: April 20, 2018, 2:57 pm
US President Donald Trump has criticised OPEC for output reductions that have helped raise oil prices and said the action would not be tolerated, as oil prices appeared set for a second consecutive week of gains.
Posted: April 20, 2018, 2:47 pm
WPP has had no further requests for information from Britain's financial watchdog after answering initial questions about the firm's investigation into Martin Sorrell, its recently departed chief executive.
Posted: April 20, 2018, 1:15 pm
Bank of Ireland CEO Francesca McDonagh has said the lender has contacted 97.5% of customers who have been impacted by the tracker mortgage scandal.
Posted: April 20, 2018, 12:52 pm
Building materials group Kingspan says a "prolonged winter season" has contributed to a "sluggish start to the year".
Posted: April 20, 2018, 12:47 pm
Irish Life Group has agreed a deal to buy a strategic shareholding in Invesco Limited, the country's largest Irish-owned independent financial consultancy.
Posted: April 20, 2018, 12:05 pm
Shareholders are gathering in UCD for the annual general meeting of Bank of Ireland today. It will be the first AGM for the bank's new CEO Francesca McDonagh.
Posted: April 20, 2018, 11:27 am
General Electric said today its quarterly profit from continuing operations more than tripled, helped by strength in its aviation and healthcare businesses.
Posted: April 20, 2018, 11:26 am
The Government must accelerate pay restoration for post-2011 public service recruits on 10% lower pay rates by making funding available in October's budget, according to the Forsa trade union.
Posted: April 20, 2018, 10:52 am
Ulster Bank has appointed Gervaise Slowey to its Board of Directors.
Posted: April 20, 2018, 10:51 am
Barclays boss Jes Staley is facing a fine after regulators found he had allegedly breached conduct rules by attempting to identify a whistleblower in 2016.
Posted: April 20, 2018, 7:26 am
Facebook's privacy practices were cleared by auditing firm PwC in an assessment completed last year of the period in which data analytics consultancy Cambridge Analytica gained access to the personal data of millions of Facebook users.
Posted: April 20, 2018, 6:58 am


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