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Ikea to open ‘plan and order’ store in Carlow

Ikea to open ‘plan and order’ store in Carlow

Swedish furniture store giant extending its Irish footprint

Wed Feb 07 2024 - 08:45
Jobs boost for Dundalk as Pentagon Technologies opens new facility

Jobs boost for Dundalk as Pentagon Technologies opens new facility

Pentagon produces semi-conductor manufacturing equipment

Wed Feb 07 2024 - 08:31
DCC reports increase in operating profit despite ‘volatile’ environment

DCC reports increase in operating profit despite ‘volatile’ environment

Company says it expects full-year operating profit growth in line with expectations

Wed Feb 07 2024 - 08:05
Smurfit Kappa signals WestRock deal will close in July as revenue falls in face of global slowdown

Smurfit Kappa signals WestRock deal will close in July as revenue falls in face of global slowdown

The tie-up between Smurfit and WestRock is set to create the world’s biggest packaging group

Wed Feb 07 2024 - 07:46
Buoyant VAT receipts not necessarily a sign of economic health

Buoyant VAT receipts not necessarily a sign of economic health

Latest exchequer returns show State finances boosted by receipts from sales tax, but what is driving that?

Wed Feb 07 2024 - 06:00
State collected €7.8bn in tax in January amid strong VAT receipts

State collected €7.8bn in tax in January amid strong VAT receipts

Latest exchequer returns boosted by strong labour market and good Christmas sales

Tue Feb 06 2024 - 16:46
SMEs getting increasingly ‘entangled in regulations’, says Chambers Ireland

SMEs getting increasingly ‘entangled in regulations’, says Chambers Ireland

Organisation calls on Irish candidates in the upcoming European elections to heed the needs of businesses

Mon Feb 05 2024 - 00:01
CEOs fear more ‘geopolitical turbulence’ as over half of world’s population go to polls

CEOs fear more ‘geopolitical turbulence’ as over half of world’s population go to polls

EY’s latest quarterly survey of 1,200 global chief executives highlights increasing concern about misuse of AI and further rise of populism

Mon Feb 05 2024 - 00:01
Thousands of Irish students expected to register for European Money Quiz

Thousands of Irish students expected to register for European Money Quiz

The quiz is the biggest European-wide competition that aims at improving financial literacy among 13 to 15-year-olds

Mon Feb 05 2024 - 00:00
DUP’s spectacular Brexit own goal delivers nationalist First Minister

DUP’s spectacular Brexit own goal delivers nationalist First Minister

How did the chief defenders of unionism support a process that diminished the North’s constitutional status within the UK?

Sun Feb 04 2024 - 12:16
Government urged to spearhead adoption of rapid-build, modular housing

Government urged to spearhead adoption of rapid-build, modular housing

Report says prefabricated designs could play major role in solving Ireland’s housing crisis

Thu Feb 01 2024 - 14:13
Construction inflation eases but shortage of workers now the main challenge

Construction inflation eases but shortage of workers now the main challenge

Report by Society of Chartered Surveyors Ireland highlights rising labour costs driven by a shortage of workers as main challenge for construction projects

Thu Feb 01 2024 - 06:00
Irish inflation falls to 2.7% as energy prices decline

Irish inflation falls to 2.7% as energy prices decline

Inflation in the Irish economy fell to 2.7 per cent in January, down from 3.2 per cent the previous month

Wed Jan 31 2024 - 11:37
Rising labour costs the main inflationary risk, Makhlouf says

Rising labour costs the main inflationary risk, Makhlouf says

Economy is on slower growth path, Central Bank governor warns

Tue Jan 30 2024 - 18:43
Wholesale electricity prices fall by 68% but consumers yet to benefit fully

Wholesale electricity prices fall by 68% but consumers yet to benefit fully

Fall off in headline inflation and energy prices have increased pressure on ECB to reduce interest rates

Tue Jan 30 2024 - 17:35
IMF expects ‘soft landing’ for global economy in 2024

IMF expects ‘soft landing’ for global economy in 2024

Economic recovery from Covid, Russia’s invasion of Ukraine and cost-of-living crisis is proving ‘surprisingly resilient’, says IMF

Tue Jan 30 2024 - 13:20
A key economic question on immigration is whether it depresses wages or adds to our productivity

A key economic question on immigration is whether it depresses wages or adds to our productivity

Ireland’s changing political climate and the thorny question of immigration

Sun Jan 28 2024 - 15:23
Makhlouf stops short of saying interest rates will fall in June but hails postive inflation data

Makhlouf stops short of saying interest rates will fall in June but hails postive inflation data

Public sector pay deal strikes right balance between catching up with inflation without exacerbating it = Central Bank governor

Sat Jan 27 2024 - 07:00
First-time buyer mortgage activity rises to highest level since 2007

First-time buyer mortgage activity rises to highest level since 2007

The number of drawdowns by first time buyers reached a new post-crash peak of almost 26,000, valued at more than €7.2 billion in 2023

Fri Jan 26 2024 - 05:05
Varadkar hails ‘positive momentum’ as home-building hits 15-year high of 33,000

Varadkar hails ‘positive momentum’ as home-building hits 15-year high of 33,000

New dwelling completions across the State rose by 10% to 32,695 last year, CSO figures show

Thu Jan 25 2024 - 12:15
ECB likely to dampen hopes of rate cut amid ongoing wage pressures

ECB likely to dampen hopes of rate cut amid ongoing wage pressures

Policymakers are expected to keep interest rates unchanged for a third meeting in a row on Thursday

Thu Jan 25 2024 - 05:30
Building of 29,000 homes held up by planning delays or court challenges - report

Building of 29,000 homes held up by planning delays or court challenges - report

Analysis by construction firm Mitchell McDermott indicates planning delays may be adding €6,000 to the cost of each housing unit for buyers or renters

Thu Jan 25 2024 - 05:00
House price inflation rises to 2.9% despite impact of higher borrowing  costs

House price inflation rises to 2.9% despite impact of higher borrowing costs

CSO figures show prices in Dublin, which had been declining, rose by 0.9% year on year in November

Wed Jan 24 2024 - 11:28
Not all of Davos partook in ‘worried about Trump 2.0’ vibe, head of JP Morgan appeared to be full of praise for him

Not all of Davos partook in ‘worried about Trump 2.0’ vibe, head of JP Morgan appeared to be full of praise for him

Despite the cynicism, Davos remains the biggest meeting of business and politics anywhere in the world

Fri Jan 19 2024 - 06:00
Strikes over public pay remain likely if agreement not quickly reached in talks, says INMO

Strikes over public pay remain likely if agreement not quickly reached in talks, says INMO

General secretary Phil Ní Sheaghdha told conference ongoing delays represent ‘a gamble’ with workers frustrated by failure to reach deal

Thu Jan 18 2024 - 20:49
Donohoe stops short of ruling out increased Government pay offer

Donohoe stops short of ruling out increased Government pay offer

Minister for Public Expenditure said current €2.9bn proposal represents a ‘fair’ deal

Thu Jan 18 2024 - 20:06
Varadkar says there will be arrests over recent arson attacks on asylum seeker accommodation

Varadkar says there will be arrests over recent arson attacks on asylum seeker accommodation

Taoiseach insists that Ireland is not a racist country and that the political climate around migration has changed

Thu Jan 18 2024 - 15:30
Sinn Féin’s tax policies would damage economy and jeopardise jobs, McGrath claims

Sinn Féin’s tax policies would damage economy and jeopardise jobs, McGrath claims

Speaking at the World Economic Summit in Davos, Minister says increasing burden of income tax on higher earners could choke off investment

Thu Jan 18 2024 - 05:30
Scaramucci’s raucous late-night parties do nothing to help Davos’s image as meeting of decadent elites

Scaramucci’s raucous late-night parties do nothing to help Davos’s image as meeting of decadent elites

Wall Street financier famed for throwing the most raucous late-night bashes at annual event in Swiss Alps

Thu Jan 18 2024 - 05:00
Argentina’s  firebrand president slams socialism, claims capitalism is only way to end poverty

Argentina’s firebrand president slams socialism, claims capitalism is only way to end poverty

UN secretary-general Antonio Guterres tells World Economic Forum that world had no effective global strategy to deal with either

Wed Jan 17 2024 - 13:06
‘I’m Jamie Dimon from JPMorgan Chase. God bless you’

‘I’m Jamie Dimon from JPMorgan Chase. God bless you’

Ukraine president Volodymyr Zelenskiy meets Jamie Dimon while Trump win looms over forum

Wed Jan 17 2024 - 06:00
‘Strengthen our economy, we will strengthen your security,’ Ukrainian president tells Western leaders

‘Strengthen our economy, we will strengthen your security,’ Ukrainian president tells Western leaders

Davos: Volodymyr Zelenskiy calls for more support - financial and military - for Ukraine to ensure that Russia does not prevail

Tue Jan 16 2024 - 15:15
Russia is failing in its war against Ukraine, European Commission president tells Davos

Russia is failing in its war against Ukraine, European Commission president tells Davos

Davos: European Commission president says Moscow has lost half its military capabilities and been driven out of half the territory it initially captured

Tue Jan 16 2024 - 11:26
World entering ‘new period of turbulence and transformation’, China’s premier warns

World entering ‘new period of turbulence and transformation’, China’s premier warns

Davos: Li Qiang said ‘a lack of trust was aggravating risks to global growth and development

Tue Jan 16 2024 - 10:58
When you arrive at Davos, you can quickly spot the different grades of attendee by the colour of their badge

When you arrive at Davos, you can quickly spot the different grades of attendee by the colour of their badge

Annual event was once a forum aimed squarely at policy wonks and economists. Not any more.

Tue Jan 16 2024 - 05:00
Nearly 50% of chief executives believe ‘AI and climate crisis’ will derail firms within 10 years

Nearly 50% of chief executives believe ‘AI and climate crisis’ will derail firms within 10 years

PwC’s annual survey highlights mounting concern about impact of technology and global warming

Mon Jan 15 2024 - 19:23
Why hasn’t peace given Northern Ireland an economic lift?

Why hasn’t peace given Northern Ireland an economic lift?

The Republic took a long time to benefit economically from independence, while the North has yet to benefit economically from the peace process

Sun Jan 14 2024 - 14:18
Commercial property investment falls to decade-low of €2bn in 2023 – report

Commercial property investment falls to decade-low of €2bn in 2023 – report

Sherry FitzGerald highlights impact of higher interest rates and remote working on commercial investment

Thu Jan 11 2024 - 14:10
Value of Irish food and drink exports drops as inflation hits consumer spending

Value of Irish food and drink exports drops as inflation hits consumer spending

Bord Bia’s latest export performance and prospects report cites significant downward pressure on trade prices

Wed Jan 10 2024 - 19:35
Housing rents in Republic have doubled since 2010, Eurostat figures show

Housing rents in Republic have doubled since 2010, Eurostat figures show

Agency’s latest report notes house prices and rents across Europe have ‘evolved differently’ in recent years

Wed Jan 10 2024 - 15:47
AI-driven misinformation now world’s biggest short-term threat, World Economic Forum warns

AI-driven misinformation now world’s biggest short-term threat, World Economic Forum warns

Forum releases Global Risks Report ahead annual gathering of world and business leaders in Swiss ski resort of Davos next week

Wed Jan 10 2024 - 12:46
Glenveagh expects to deliver 2,700 new homes this year

Glenveagh expects to deliver 2,700 new homes this year

Homebuilder said group revenue fell by 6 per cent to €608 million from €645 million in 2022

Wed Jan 10 2024 - 09:05
Global economy heading for weakest half-decade of growth in 30 years, World Bank warns

Global economy heading for weakest half-decade of growth in 30 years, World Bank warns

Washington-based bank says mounting geopolitical tensions could create fresh near-term hazards

Tue Jan 09 2024 - 16:15
Retail sales rise in November despite financial squeeze

Retail sales rise in November despite financial squeeze

Sales increased by 0.2 per cent in the month and were up by 0.8 per cent on an annual basis

Tue Jan 09 2024 - 12:40
Some 3,200 first-time buyers avail of Government’s new First Home Scheme

Some 3,200 first-time buyers avail of Government’s new First Home Scheme

Majority of approvals were for buyers in Dublin, Cork, Kildare, Meath and Wicklow

Tue Jan 09 2024 - 11:44
First-time buyers availing of State schemes accounted for 61% of mortgage transactions last year

First-time buyers availing of State schemes accounted for 61% of mortgage transactions last year

Average first-time buyer mortgage value now at €294,836, up €19,000 on previous year, says Banking and Payments Federation

Tue Jan 09 2024 - 00:00
European shares end higher as tech, retail lead rebound

European shares end higher as tech, retail lead rebound

Pan-European Stoxx 600 closes 0.3 per cent higher after falling as much as 0.7 per cent during the day

Mon Jan 08 2024 - 19:07
Ukraine and Gaza wars threaten global political order, and countries co-operating less on health – report

Ukraine and Gaza wars threaten global political order, and countries co-operating less on health – report

World Economic Forum releases new co-operation barometer ahead of its annual meeting in Davos next week

Mon Jan 08 2024 - 17:54
Government uses bumper corporate tax receipts to pay for €1bn health overrun

Government uses bumper corporate tax receipts to pay for €1bn health overrun

Exchequer returns show surplus was €1 billion less than Government forecast in October’s budget

Fri Jan 05 2024 - 04:52
Public finances: 2023 may go down as tax sweet spot but storm clouds loom

Public finances: 2023 may go down as tax sweet spot but storm clouds loom

Department’s record exchequer numbers for the year just ended may be as good as it gets

Thu Jan 04 2024 - 19:02
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