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Tag: Business

Central Bank Review Finds Over 400,000 Irish Credit Card Accounts on High Interest Rates

A recent review by the Central Bank of Ireland has revealed that more than 400,000 credit card accounts in the country are subject to...

Bitcoin Surpasses $100,000 Milestone, Fueling Crypto Surge Amid US Political Shift

Bitcoin has surpassed the $100,000 mark for the first time in history, a significant achievement that has been hailed as a "coming-of-age" moment for...

Services Sector Sees Strong Growth as Inflationary Pressures Ease

Activity in the services sector surged in November, driven by easing inflationary pressures and strong demand, according to the latest data from the AIB...

UK’s Offa Acquires Bank of Ireland’s Islamic Home Finance Portfolio

UK-based ethical finance company Offa has acquired the Islamic home finance portfolio of the Bank of Ireland, a deal for an undisclosed sum. Offa,...

Intel CEO Pat Gelsinger Resigns, Company Seeks New Leadership Amid Transition

Intel's CEO, Pat Gelsinger, has stepped down from his role less than four years after taking the helm of the tech giant. His resignation...

Eurozone Inflation Rises in November, Pressuring ECB Rate Cut Decision

Eurozone inflation accelerated in November, reaching 2.3%, slightly above the 2% rate recorded in October, according to data from Eurostat. While the figure remains...

PTSB Resolves Payment Delays, Faces Ongoing App Issues

Permanent TSB (PTSB) has resolved a technical issue affecting most of its customers, who had experienced delays in sending and receiving payments, including SEPA...

Consumer Prices in Ireland Rise by 0.5% in November, Marking Highest Increase in Three Months

Consumer prices in Ireland rose by 0.5% in November compared to October, according to a flash estimate from the Central Statistics Office (CSO). This...

Irish Consumer Sentiment Remains Steady as Christmas Approaches

Irish consumer sentiment remained steady in November, reflecting cautious optimism amid ongoing economic uncertainty. The latest Credit Union Consumer Sentiment Index, in partnership with...

Blacksheep Fund Management Acquires Stake in Distilled Ltd, Owner of Daft.ie, DoneDeal.ie, and Adverts.ie

Dublin-based fund manager, Blacksheep Fund Management, has acquired a significant stake in Distilled Ltd, the parent company of popular Irish online platforms Daft.ie, DoneDeal.ie,...

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....

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