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Ireland’s increasingly remote GDP numbers

Ireland’s increasingly remote GDP numbers

Basic yardstick of economic growth has been entirely warped by multinational activity

Sat Sept 02 2023 - 05:00
Electric Picnic seeks greener pastures in crowded August market

Electric Picnic seeks greener pastures in crowded August market

The festival will take place two weeks earlier next year

Thu Aug 31 2023 - 05:00
Inflation: another ECB rate hike now seen as 60% likely

Inflation: another ECB rate hike now seen as 60% likely

Latest price growth data might push policymakers into another rate hike when they meet next month

Wed Aug 30 2023 - 15:17
Denis O’Brien faces stretching target to lift Digicel stake to 20%

Denis O’Brien faces stretching target to lift Digicel stake to 20%

Bondholders are preparing to write down $1.7 billion of Digicel’s debt

Tue Aug 29 2023 - 06:00
Frayed relationship hobbles airport expansion

Frayed relationship hobbles airport expansion

Dublin Airport and Fingal County Council appeared to be digging in for confrontation rather than working together

Tue Aug 29 2023 - 05:15
US Fed sends cautionary signal while hawkish on future rate rises

US Fed sends cautionary signal while hawkish on future rate rises

With inflation still well above target, there is little mileage for central bankers in providing solace to borrowers

Sun Aug 27 2023 - 06:00
Anybody buying or selling a house this autumn?

Anybody buying or selling a house this autumn?

Post-summer property market is always vibrant but ever-steeper borrowing costs and general woes will shape prices

Sat Aug 26 2023 - 05:00
Red faces at Central Bank over data breach

Red faces at Central Bank over data breach

Bankers often on wrong end of censure by the regulator will have had cause for a wry smile at its discomfiture

Thu Aug 24 2023 - 05:00
Minister should focus ire on energy companies over banks

Minister should focus ire on energy companies over banks

Bringing stubbornly high energy prices down would put more money in most people’s pockets than a small rise in deposit rates

Thu Aug 24 2023 - 05:00
Brics seek to build up bloc to provide economic alternative to West

Brics seek to build up bloc to provide economic alternative to West

Aim is to develop an economic alternative to the West’s dominance of the global order since second World War

Tue Aug 22 2023 - 05:30
Energy bills set to fall but do not count on savings just yet

Energy bills set to fall but do not count on savings just yet

Experts expect a drop in natural gas prices from historic highs, but economic storm clouds remain in view

Tue Aug 22 2023 - 05:15
Pension auto-enrolment: Most people still in dark

Pension auto-enrolment: Most people still in dark

Government has substantial work to do to improve understanding of mandatory workplace pension scheme

Tue Aug 22 2023 - 05:05
Bank outage does little for Ireland’s tarnished image

Bank outage does little for Ireland’s tarnished image

Bank of Ireland makes headlines across Europe, sharing space with other recent missteps

Sun Aug 20 2023 - 05:00
Owl be back: Barn door is always open for the Late Late mascot

Owl be back: Barn door is always open for the Late Late mascot

Has there been a breakdown of trust between the winged chat show symbol and RTÉ director general Kevin Bakhurst?

Sat Aug 19 2023 - 12:00
Bank of Ireland’s remote banking facilities fall over … again

Bank of Ireland’s remote banking facilities fall over … again

Bank’s recurring reliability problems with online offering will eventually mean customers looking elsewhere

Thu Aug 17 2023 - 05:05
Glanbia boss Siobhán Talbot leaves company in rude health

Glanbia boss Siobhán Talbot leaves company in rude health

Food company boss has successfully steered group into high-margin nutritional space

Thu Aug 17 2023 - 05:00
Proposed cage fight now seems unlikely between giants of the tech world

Proposed cage fight now seems unlikely between giants of the tech world

Mark Zuckerberg has concluded the Tesla boss ‘isn’t serious’ about a fight

Tue Aug 15 2023 - 05:12
Leading from behind on bank saving rates

Leading from behind on bank saving rates

Politicians have been noticeably reluctant to put pressure on Irish banks to adopt a fairer approach on rates for savings

Tue Aug 15 2023 - 05:10
‘Remarkable’ AI opportunity whets News Corp’s appetite for elusive holy grail — a lucrative new revenue stream

‘Remarkable’ AI opportunity whets News Corp’s appetite for elusive holy grail — a lucrative new revenue stream

Rupert Murdoch’s media empire anticipates both new revenue streams and an ability to cut costs

Sun Aug 13 2023 - 06:30
WeWork is the latest in a litany of miscalculations by Softbank

WeWork is the latest in a litany of miscalculations by Softbank

WeWork is the latest in a litany of miscalculations by Japanese lender and investor

Sat Aug 12 2023 - 06:30
End of a once beautiful friendship for Sky and the Oscars

End of a once beautiful friendship for Sky and the Oscars

Disney made the Comcast-owned broadcaster an offer it found it could refuse

Thu Aug 10 2023 - 05:00
Flutter’s US success could turn sour for Dublin exchange

Flutter’s US success could turn sour for Dublin exchange

Listed bookmaker’s determination to tap opportunity of US stock market listing could mean it follows CRH in dropping Irish market

Thu Aug 10 2023 - 05:00
DAA should abide by night-time flight restrictions

DAA should abide by night-time flight restrictions

Limit was a condition of planning permission for north runway in 2007 and should be adhered to

Sun Aug 06 2023 - 06:00
UPS strike debacle reminds us how fragile supply chains remain

UPS strike debacle reminds us how fragile supply chains remain

Agreement between company and Teamsters appears to have narrowly averted industrial action

Sat Aug 05 2023 - 05:00
Straight-talking Smurfit CEO sets an example for his peers

Straight-talking Smurfit CEO sets an example for his peers

Tony Smurfit gave a direct answer to a direct question. Business needs more of that.

Thu Aug 03 2023 - 08:01
Brace for impact: a second Trump term is becoming less unlikely

Brace for impact: a second Trump term is becoming less unlikely

New book by president’s former trade representative shines light on what may be ahead

Thu Aug 03 2023 - 07:53
Record low Irish unemployment mark erased in revision

Record low Irish unemployment mark erased in revision

Tight labour market poses different type of challenge for employers and policymakers

Thu Aug 03 2023 - 05:00
Barryroe granted examinership on flimsy premise

Barryroe granted examinership on flimsy premise

Only hope of project being revived is via successful application for judicial review of Minister’s decision

Tue Aug 01 2023 - 05:28
Irish banks eye shareholder returns after stress tests

Irish banks eye shareholder returns after stress tests

ECB looked at Irish economy falling more off course than any other in single currency area by end of 2025 under adverse scenarios

Tue Aug 01 2023 - 05:02
Accenture gets its sums wrong as Dublin staff take a hit

Accenture gets its sums wrong as Dublin staff take a hit

Just months after saying it needed to cut 400 jobs in Ireland, the consulting giant is now shedding 1,290 workers

Tue Aug 01 2023 - 05:00
Datalex boss Corkery still has work to do ahead of exit

Datalex boss Corkery still has work to do ahead of exit

Chief executive will need answers on refinancing high-interest debt facility

Sun Jul 30 2023 - 05:00
GDP growth offsets EU stagflation fears for now

GDP growth offsets EU stagflation fears for now

Strong economic data from Ireland and France eases concerns but threat remains live

Sat Jul 29 2023 - 05:00
Has Lloyds’ United Kingdom tax row over Irish losses come to a head?

Has Lloyds’ United Kingdom tax row over Irish losses come to a head?

Losses stem from bank’s sale of a mainly dire portfolio of €32bn in Irish loans inherited via 2008 HBOS merger

Thu Jul 27 2023 - 05:00
Finally, Spotify increases its prices

Finally, Spotify increases its prices

You will not hear too many people complain about an extra €1 on the streamer’s individual premium plan

Thu Jul 27 2023 - 05:00
Cheap fares in the firing line as airlines struggle to add capacity

Cheap fares in the firing line as airlines struggle to add capacity

Ryanair has cut its full-year passenger forecast due to aircraft delivery delays

Tue Jul 25 2023 - 05:00
Bunq cash call leaves questions over Irish unit

Bunq cash call leaves questions over Irish unit

One big investor had sought selling Irish-based Capitalflow business

Tue Jul 25 2023 - 05:00
Netflix sits pretty as Hollywood frets about strikes

Netflix sits pretty as Hollywood frets about strikes

In his public remarks, co-chief executive Ted Sarandos used a noticeably different tone than Disney boss Bob Iger

Sun Jul 23 2023 - 06:00
Landlord exodus yet to boost housing stock

Landlord exodus yet to boost housing stock

SCSI report points to ‘modest’ increase in sales instructions this year

Sat Jul 22 2023 - 07:00
In the Department of Finance the glass is always half empty

In the Department of Finance the glass is always half empty

This does not mean there will be nothing nice in the budget

Thu Jul 20 2023 - 06:00
Former Davy shareholders put down marker before 2024 payday

Former Davy shareholders put down marker before 2024 payday

Up to €100m plus could be on the table

Thu Jul 20 2023 - 06:00
Drop off in pharma exports could have big implications for tax take

Drop off in pharma exports could have big implications for tax take

Pharma related exports have slumped by almost a quarter so far this year

Tue Jul 18 2023 - 07:07
Two weeks in, Threads looks here to stay

Two weeks in, Threads looks here to stay

The Meta-owned microblogging site has spooked Twitter owner Elon Musk

Tue Jul 18 2023 - 05:00
Death of work phone calls is no surprise

Death of work phone calls is no surprise

Majority workers prefer to use email for work-related communications, survey says

Thu Jul 13 2023 - 05:00
Gas prices unlikely to hit last summer’s highs, say analysts

Gas prices unlikely to hit last summer’s highs, say analysts

Increased dependence on LNG and storage pose long-term questions for Republic

Thu Jul 13 2023 - 05:00
Property industry plays down impact of higher interest rates: Is it right?

Property industry plays down impact of higher interest rates: Is it right?

Several commentators think property industry is underestimating impact of interest rates

Tue Jul 11 2023 - 05:00
Ireland’s crypto stance surprising amid an uncertain future

Ireland’s crypto stance surprising amid an uncertain future

US crackdown on industry makes it difficult to see the upside despite overtures being made by other EU states

Tue Jul 11 2023 - 05:00
Hotels have run out of road on the 9% VAT rate

Hotels have run out of road on the 9% VAT rate

CBRE report this week said daily hotel rates in Dublin reached a new high in May of €209 per night

Sun Jul 09 2023 - 07:00
CIÉ's pensions time bomb ready to explode

CIÉ's pensions time bomb ready to explode

State-owned transport company says it’s ready to pull plug on scheme for new entrants

Sat Jul 08 2023 - 05:00
When do our bulging corporation tax receipts stop being a windfall and become a regular source of income for State?

When do our bulging corporation tax receipts stop being a windfall and become a regular source of income for State?

Squirrelling away vast corporation taxes for a rainy day deprives us of expenditure needed now

Thu Jul 06 2023 - 05:00
Apple’s Irish escrow fund loses further €259m as ECJ ruling awaited

Apple’s Irish escrow fund loses further €259m as ECJ ruling awaited

Escrow account for iPhone maker mainly comprises investments in euro-zone government bonds not cash

Thu Jul 06 2023 - 05:00
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