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Wednesday, January 22, 2025

Business

Trump Withdraws US from Global Minimum Tax Agreement, Citing Sovereignty and Competitiveness

US President Donald Trump has announced that the global corporate minimum tax agreement brokered in 2021 under the Biden administration "has no force or effect" in the United States,...

Djokovic Outlasts Alcaraz in Late-Night Thriller to Reach Australian Open Semi-Finals

Novak Djokovic showcased his mastery at Melbourne Park once again with a late-night victory...

Scotland’s Sione Tuipulotu Ruled Out of Six Nations; Scott Cummings’ Participation in Doubt

Scotland’s Six Nations campaign has suffered two significant blows, with captain Sione Tuipulotu ruled...

Trump’s Cryptocurrency Soars to $10 Billion in Market Value, Sparking Debate

Donald Trump's newly launched cryptocurrency, $TRUMP, surged to over $10 billion in market value...

Trump Vows to Save TikTok with Executive Order, Proposes Joint Venture with 50% U.S. Ownership

U.S. President-elect Donald Trump has announced plans to issue an executive order upon taking...

How to Budget for Christmas Shopping Without the Stress

With the festive season fast approaching, many are starting to feel the financial pressure that comes with Christmas shopping. While some may have already...

Irish Tech Founders Oppose Government’s Decision to Close NDRC

Over 200 technology startup founders in Ireland have signed an open letter expressing their opposition to the government's decision to cease funding for the...

Irish Life Health to Increase Premiums by 3.7% Starting January

Irish Life Health has announced that it will raise its health insurance premiums by an average of 3.7% from January 1, 2024. The price...

Emerald Airlines Cuts Losses by Nearly Half, Revenues More Than Double in 2023

Dublin-based Emerald Airlines reduced its pre-tax losses by nearly 50% last year, reporting a loss of €11.52 million, down from €21.35 million in 2022....

US Payment Services Firm Fined €324,240 for Breaching EU Safeguarding Regulations

BlueSnap Payment Services Ireland, a US-based payment services company operating in Ireland, has been fined €324,240 by the Central Bank for breaching European Union...

Ireland Hits Record High Employment Rate as Workforce Expands

Ireland's employment rate has reached a historic high, according to the latest data from the Central Statistics Office (CSO), marking a continued recovery in...

Bank of Ireland Announces Mortgage Rate Cuts for New and Existing Customers

Bank of Ireland has announced a 0.5% reduction in its mortgage lending rates, making it the latest lender to cut rates amid easing interest...

Survey Highlights Skills Shortages as Major Concern for Tradespeople

A new survey reveals that skills shortages, coupled with the high cost of recruiting skilled labor, are the primary concerns for tradespeople across Ireland....

Kerry Co-Op to Buy Kerry Dairy Ireland from Kerry Group in Deal Worth up to €500M

Kerry Co-operative Creameries has announced it has reached an agreement with Kerry Group to purchase its Consumer Foods Products and Dairy Ingredients business, Kerry...

Construction Sector Activity Declines in October, Despite Surge in Housing Development

Total construction activity in Ireland declined in October, despite notable growth in housing, according to the latest data from BNP Paribas Real Estate Ireland....

Germany Faces Economic Struggles Amid Political and Global Challenges

Germany, the world's third-largest economy, is currently facing severe economic struggles, ranking as the worst performer among the Group of Seven (G7) major economies....

Aer Lingus Reports Profit Drop Amid Market Pressures and Strikes, Highlights Future Expansion Plans

Aer Lingus has reported a significant decline in operating profits for the third quarter of 2024, posting €139 million, down €57 million from the...

Bank of England Cuts Interest Rates as Inflation Forecasts Rise

The Bank of England has lowered interest rates for only the second time since 2020, cutting the base rate by 0.25 percentage points to...

Over Half of Irish Businesses Now Use Renewable Energy, Survey Finds

A new survey has revealed that more than half of Irish businesses are now using electricity sourced from renewable energy, marking a significant shift...

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