Business News

Necessity is the mother of invention and there's no time like a crisis or a recession to force a business to look very frankly at its future strategy and consider where it's going to be when the storm has passed.
Posted: April 4, 2020, 6:00 am
The Government is expected to announce details of a new €200m scheme of enterprise supports for businesses suffering as a result of the Covid-19 pandemic early next week.
Posted: April 4, 2020, 6:00 am
Insurer FBD Holdings has postponed its planned annual general meeting, which was due to take place on 8 May.
Posted: April 3, 2020, 3:22 pm
Debenhams is expected to slide into administration in the coming days following the impact of coronavirus.
Posted: April 3, 2020, 3:07 pm
The US economy shed over 700,000 jobs in March, abruptly ending a historic 113 months of employment growth in a row as stringent measures to control the novel coronavirus pandemic closed businesses and factories.
Posted: April 3, 2020, 1:27 pm
Sterling fell 1% today after a record slump among Britain's services and manufacturing firms deepened in late March as businesses and households paused activity to prevent the spread of the coronavirus.
Posted: April 3, 2020, 12:49 pm
The impact of the coronavirus on online business is not straightforward and continues to evolve
Posted: April 3, 2020, 12:30 pm
Employers group Ibec has outlined extensive proposals for new emergency liquidity and cashflow measures worth around €30 billion that it says the Government needs to implement in order to help businesses survive through the Covid-19 emergency.
Posted: April 3, 2020, 12:03 pm
Avolon today announced the cancellation of an order for 75 Boeing 737 MAX planes that were due to be delivered by 2023, saying it was adjusting its order book to the disruption caused by the coronavirus pandemic.
Posted: April 3, 2020, 11:54 am
Euro zone retail sales jumped by more than expected in February, the month before coronavirus measures spread across the continent, as shoppers stocked up on food and drink and sharply increased their online spending.
Posted: April 3, 2020, 10:32 am
UK broadcaster ITV said its executive directors had agreed a voluntary 20% reduction in salary and to forgo any bonus for this year to help preserve cash during the coronavirus pandemic.
Posted: April 3, 2020, 10:23 am
Bank of Ireland received 15,000 applications for a three month break on mortgages from customers impacted by the Covid-19 crisis, up to the end of March.
Posted: April 3, 2020, 9:35 am
Euro zone business activity collapsed last month as attempts to contain the coronavirus pandemic pushed governments to shut down vast swathes of their economies, from shops to factories to restaurants, a survey showed today.
Posted: April 3, 2020, 9:09 am
Insurers and reinsurers in the European Union should temporarily suspend dividends and share buybacks, the bloc's insurance regulator has said.
Posted: April 3, 2020, 8:30 am
The Mexican brewer of Corona beer said it was suspending production because of the health emergency in the country over the Covid-19 pandemic.
Posted: April 3, 2020, 7:44 am
Google has published location data from its users around the world, including every county in Ireland, to allow governments and the public to gauge the effectiveness of social distancing measures.
Posted: April 3, 2020, 7:18 am
Ryanair has reported a 48% drop in passenger numbers for the month of March as the Covid-19 outbreak forced it to cancel the majority of its flights.
Posted: April 3, 2020, 7:14 am
The services sector here suffered a significant setback due to the Covid-19 outbreak last month, with both activity and new work falling at the fastest rate since April 2009.
Posted: April 3, 2020, 6:34 am
The Central Bank has said Covid-19 has "triggered an extremely severe economic shock", which is fundamentally different from anything the economy has been through before.
Posted: April 3, 2020, 12:00 am
The availability of property for sale on the market has taken a nosedive as a result of the Covid-19 emergency, with the number of houses for sale dropping significantly.
Posted: April 3, 2020, 12:00 am


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