There was some respite for big tech stocks on Tuesday after the sell off on Monday. While market panic over the rise of Chinese firm’s DeepSeek hasn’t gone away, clearly at least some investors saw it a golden chance to buy the dip, especially for chip maker Nvidia. Still, it’s clear DeepSeek is a real threat to the US giants. In his column, John McManus looks at how the tech bro billionaires may have found their match in the Chinese firm, while Ciara O’Brien takes DeepSeek for a road test. How good is it, really?
How well do you know your credit history? We may all regard ourselves as savvy borrowers, but our file on the Central Credit Register can provide a dose of cold water on that perception for some people. In Money Matters, Joanne Hunt looks at why knowing what’s in that file can be incredibly important for how you manage your money.
The Irish subsidiary of Google has lodged plans for a large public mural across seven storeys at its European HQ in Dublin. The mural will incorporate interactive and virtual elements using Google technology and AI tools. Gordon Deegan has read the plans.
Sales at Northern Ireland-based veterinary pharmaceutical manufacturer Norbrook Holdings came under pressure last year in what the company called a “disappointing” performance. Ciara O’Brien has the story.
Zuckerberg’s culture shift at Meta could make it hard to find new recruits willing to work in his macho organisation
Keeping sea lice from farmed fish will boost aquaculture health and profits
Bosch Unlimited 7 Aqua review: Saving time and effort on household cleaning
Irish space race: domestic companies pushing the frontiers of AI, space stations and acoustic technology
The Irish economy grew by just 0.3 per cent last year as volatility in the multinational sector weighed on headline growth, according to preliminary estimates from the Central Statistics Office (CSO). Eoin Burke-Kennedy reports.
Gordon also reports that a primary school, a religious trust and An Taisce are objecting to plans for a 14-storey mixed-use proposal on the site of the former City Arts Centre at City Quay in Dublin 2.
The State has recovered €17.9 billion of AIB’s bailout bill to date following its latest sale of shares in the bank. Minister for Finance Paschal Donohoe sold a 5 per cent stake in the bank late on Monday evening at €5.60 per share to stock market investors, representing a 2.2 per cent discount on where the stock closed in Dublin hours earlier. The deal raised €652 million, his department said in a statement. Joe Brennan is following the story.
The Supreme Court has dismissed a man’s bid to overturn an €11.4 million judgment against him as it found he failed to show persuasive and comprehensive evidence of alleged illegality on the part of his creditor. Ellen O’Riordan was in court.
The volume of retail sales rose by 1.1 per cent in December as consumers spent more on cars, clothing and footwear. However, sales in bars were down suggesting the cost-of-living squeeze has not fully lifted. Eoin reports.
In commercial property, Fiona Reddan reports that following quickly behind last week’s launch for sale of The Morrison Hotel, another Dublin hotel, also in a prime location, has come to the market. The sale is expected to attract both domestic and international interest. Temple Bar Inn, a 101 guestroom hotel, on Fleet Street and just off Westmoreland Street, is being brought to the market with the benefit of vacant possession by JLL, quoting more than €50 million.
Fiona also reports that an Irish real-estate asset manager is looking to capitalise on the opportunity presented by the Morrison going on sale by bringing to market a development adjacent to the hotel for about €12 million, while a long-income office building in the heart of Dublin 4 is coming to the market guiding €16 million, reflecting a running yield of 7.8 per cent. The sale of the property by Irish Life’s property fund is expected to attract strong interest from both institutional and wealthy private investors.
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