Friday, May 15, 2026
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Tag: Business

Oil Prices Climb as Iran Tensions and Strait of Hormuz Risks Shake Markets

Oil prices rose more than 1% in early trading after US President Donald Trump warned he was losing patience...

Stellantis and Dongfeng Seal $1.2 Billion Deal to Expand Peugeot and Jeep Production in China

Stellantis and its long-standing Chinese partner Dongfeng Motor Corporation have signed a $1.2 billion agreement to produce Peugeot and...

One-Third of Irish State IT Projects Over Budget as Oversight Concerns Grow

Almost one-third of State IT projects launched in the past two years have exceeded their budgets or are expected...

Ireland’s Debt Could Reach €250bn as NTMA Warns of Rising Borrowing Costs

National Treasury Management Agency has warned that Ireland’s national debt, currently standing at about €200 billion, could climb to...

Global Oil Inventories Drain at Record Pace as Middle East Conflict Disrupts Supply

Global oil inventories are being drawn down at an unprecedented rate as the Middle East war continues to disrupt...

Ireland Raises €2 Billion Through Green Bond Sale Amid Strong Investor Demand

The National Treasury Management Agency (NTMA) has raised €2 billion through the sale of a 17-year green bond in...

Ambulance Strike Begins as Pay Dispute Escalates, Health Services Warn of Major Disruption

Around 2,000 workers in Ireland’s National Ambulance Service have begun a 24-hour strike amid an ongoing dispute over pay,...

Electric Vehicle Sales Surge in Ireland as Petrol and Diesel Cars Continue to Decline

New data from the Central Statistics Office shows a sharp rise in electric vehicle (EV) registrations in April 2026,...

Heathrow Passenger Numbers Fall as Iran Conflict Disrupts Middle East Travel

Heathrow Airport reported a 5% decline in passenger numbers for April, falling to 6.7 million travellers, as the ongoing...

Diageo Commits Additional €400m to Expand Kildare Brewery as Guinness Demand Grows

Diageo has announced a further €400 million investment in its brewery at Littleconnell, Co Kildare, strengthening the company’s long-term...

Public Sector Pay, AI Safeguards and Working Rights to Dominate AHCPS Conference Debate

Members of the Association of Higher Civil and Public Servants (AHCPS) are meeting in Dublin this week to debate...

NTMA Plans New Bond Sale as Ireland Maintains Strong Fiscal Position

The National Treasury Management Agency (NTMA) has announced plans to launch a syndicated bond transaction in the coming weeks,...