Business News

The leaders of 12 European countries, including Ireland, are meeting in Brussels this evening ahead of an EU summit to discuss the future EU budget after Britain leaves.
Posted: February 22, 2018, 10:40 pm
A new report from the Economic and Social Research Institute has concluded that an increase in the excise duty rate on diesel motor fuel can be justified on both fiscal and environmental grounds.
Posted: February 22, 2018, 6:47 pm
The Government expects Apple to start paying up to €13 billion, which the European Commission says is owed in back taxes to Ireland, into an escrow account within the next two months.
Posted: February 22, 2018, 6:20 pm
British people will soon pay more for their TV licence after the government announced an increase of £3.50.
Posted: February 22, 2018, 5:14 pm
Two Irish technology companies Ammeon and DecaWave have announced 200 jobs.
Posted: February 22, 2018, 5:00 pm
The Taoiseach has officially opened Microsoft's new €134m campus in south Dublin.
Posted: February 22, 2018, 4:39 pm
British ship insurer Steamship Mutual plans to set up a new Dutch subsidiary to ensure continued access to trade in the European Union in case Britain loses single market access.
Posted: February 22, 2018, 3:02 pm
Barclays showed its confidence in future earnings by restoring its full dividend, despite lacklustre investment banking income, restructuring costs and US tax reforms hitting the bank's 2017 bottom line.
Posted: February 22, 2018, 2:38 pm
The European Central Bank earned a net profit of €1.275 billion in 2017, up by €82m from a year earlier.
Posted: February 22, 2018, 1:15 pm
People with a third level qualification are more than twice as likely to be working than someone with none, according to figures released by the Central Statistics Office.
Posted: February 22, 2018, 12:42 pm
Money and top jobs will be the main topics of an informal summit of 27 European Union leaders tomorrow, as the bloc tries to deal with the consequences of Britain's exit from the EU in 2019.
Posted: February 22, 2018, 12:33 pm
The momentum in new house building has continued into 2018, according to Goodbody Stockbrokers which uses Building Energy Rating registrations to track supply.
Posted: February 22, 2018, 12:12 pm
The pharmaceutical sector accounted for 44% of the total value of exports in 2016, comprising €52 billion, new figures from the Central Statistics Office show.
Posted: February 22, 2018, 11:47 am
Ireland's biggest private residential landlord, I-RES REIT, has said that revenue from its investment properties rose to €44.7m for the year to the end of December, up from €38.8m the previous year.
Posted: February 22, 2018, 11:14 am
Britain's economy was weaker than previously thought in 2017, official data showed today, leaving the country lagging further behind the global recovery as it prepares to leave the European Union.
Posted: February 22, 2018, 10:44 am
French insurer AXA has posted higher-than-expected 2017 net profits and stronger earnings in the US.
Posted: February 22, 2018, 9:12 am
KBC Bank Ireland has reported a net profit of €183m after tax and impairments for the year to the end of December, down from a profit of €227m in 2016.
Posted: February 22, 2018, 8:31 am
Energy supplier Centrica, which issued a profit warning in November, has today raised its cost savings target by £500m and said it would cut about 4,000 jobs by 2020.
Posted: February 22, 2018, 8:29 am
The US Federal Reserve's rate-setting committee showed more confidence in the need to keep raising interest rates at its last policy meeting, with most believing that inflation would perk up.
Posted: February 22, 2018, 8:18 am
ABP Food Group has secured a three year €50m supply agreement with Asian restaurant chain Wowprime Corporation to supply beef to its restaurants in China.
Posted: February 22, 2018, 8:18 am


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