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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...

Inflation Falls to Lowest Level Since March 2021 Amid Declining Energy Prices

Inflation in the country has dropped significantly, falling from 1.7% in August to just 0.7% in September, marking the lowest rate since March 2021....

Google Faces Potential Restrictions Following Antitrust Violations

Washington D.C. – Tech giant Google could face significant restrictions on its flagship products, including the Chrome browser, Play Store, and Android operating system,...

Governor of Central Bank Warns Government’s Increased Spending Risks Economic Overheating

Dublin – Central Bank Governor Gabriel Makhlouf has cautioned that the Government’s decision to raise public spending above 5% over an extended period could...

National Lottery Operator Reports €7.7 Million Operating Loss Amid Revenue Decline

Premier Lotteries Ireland DAC (PLI), the operator of the National Lottery, has reported an operating loss of €7.7 million for the past year, primarily...

Dublin Airport to Limit Capacity Amid Controversy Over Passenger Caps

The Irish Aviation Authority (IAA) has announced plans to limit airline seat capacity at Dublin Airport to 25.2 million for the summer of 2025,...

Optimising Your Business with Advanced Stock and Inventory Solutions

Advanced stock and inventory management solutions can optimise your business for greater efficiency, cost savings, and customer satisfaction. Learn more. While 61% of business leaders...

Inflation Rate Falls to 1.7% in August, Marking First Sub-2% Rate Since June 2021

New data from the Central Statistics Office (CSO) reveals that Ireland’s annual inflation rate decreased to 1.7% in August, down from 2.2% in July....

Ireland’s Employment Rate Rises as Female Participation Hits Record High

Ireland has seen a significant boost in its employment rate, with new data revealing a near 3% increase to over 74% in the second...

Restaurants Association of Ireland Urges Faster Payments for Increased Cost of Business Grant

The Restaurants Association of Ireland (RAI) has expressed grave concern over delays in the distribution of the Increased Cost of Business (ICOB) grant, with...

Kingspan Reports Record Revenue but Decline in Profits for First Half of 2024

Insulation and building materials manufacturer Kingspan has announced record revenue for the first half of 2024, despite experiencing declines in both trading profit and...

HSBC Recruits Top Diplomat David Quarrey as Public Affairs Chief Amid Geopolitical Tensions

HSBC Holdings has made a significant move by appointing David Quarrey CMG, a distinguished British diplomat, to one of its most senior executive positions....

The “Magnificent Seven” Stocks Face Major Setback Amid Market Turmoil

The era of the "Magnificent Seven" stocks, which has defined recent market rallies, appears to be waning. This group of high-flying tech giants, once...

AIB Boosts Full-Year Income Guidance, Announces €505 Million Share Buyback

AIB has revised its full-year income guidance upward following a strong first half of the year and announced a €505 million share buyback that...

Aleksander Katsuba on How Extreme Heat Affects Ukraine’s Energy Sector

Aleksandr Katsuba highlights how extreme heat and the war strain Ukraine's energy sector, causing equipment failures, increased electricity consumption, and infrastructure damage. Despite challenges,...

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