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Business

Last year
2022
'Absurd and frightening': How high could 'skyrocketing' energy prices go this winter?
Tough choices lie ahead in both the short and long term.
Experts agree that the energy price crisis is likely to get worse in the coming months and year ahead.
The UK's energy price cap nearly doubled last week and is an indicator of what consumers in Ireland are facing.
In the short-term, governments must intervene but in the long-term it's about renewable energy.
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Aug 29th 2022, 11:30 PM
Price hikes: SSE Airtricity to increase gas bills by 39% and electricity by 35.4%
17,000 apply for emergency social welfare payments for food, fuel and clothing in July alone
The Glider: Could Belfast's tram-like bendy bus be the model for other Irish cities?
The system has been suggested as a kind of gateway to light rail infrastructure.
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41.7k
Aug 14th 2022, 7:00 PM
Revealed: The makes, models and test centres with the highest (and lowest) NCT pass rates
Three of the top four cars are SUVs.
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69.0k
Aug 13th 2022, 6:45 AM
Property prices have now reached the same level as the Celtic Tiger peak - CSO
The high follows a 14.1% price increase over the past year.
68
18.8k
Aug 12th 2022, 11:55 AM
Elon Musk accuses Twitter of fraud in countersuit over abandoned $44 billion takeover
In its own filing, Twitter rejected the billionaire’s argument, calling it “as implausible and contrary to fact as it sounds.”
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12.0k
Aug 5th 2022, 7:00 PM
Ex IBM manager: Pay, political neglect and public indifference all to blame for cyber failings
Paul Farrell retired as IBM Ireland’s General Manager last year but also was an officer in the Irish Defence Forces
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Jul 31st 2022, 9:00 AM
NI businesses experiencing a 'feast or famine' economy due to protocol - report
The report was released by a UK parliamentary committee.
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Jul 27th 2022, 7:35 AM
Michael O'Leary hits out at 'unprecedented handling delays' amid Ryanair summer recovery
The airline hit profits of €170 million for the three months to June.
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31.9k
Jul 25th 2022, 8:22 AM
Financial advisor warns against hoax crypto ads featuring Leo Varadkar and other public figures
Users of multiple websites reported encountering the false ad featuring the FG leader in recent weeks.
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14.9k
Jul 24th 2022, 7:01 AM
Tracker mortgage rates to rise after ECB hike interest rates by 0.5%
The bank is trying to respond to soaring inflation but those on tracker and variable rates will likely face an increase.
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91.9k
Updated
Jul 21st 2022, 5:39 PM
Elon Musk says he is terminating $44 billion Twitter buyout deal
Twitter said it will sue Mr Musk to complete the merger he just rejected, and is “confident” it will prevail.
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32.8k
Jul 9th 2022, 7:14 AM
New low-cost loan scheme for small businesses announced by Government
Loans will be made available to businesses whose turnover or profit was impacted by more than 15% due to Covid-19.
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14.1k
Jul 4th 2022, 10:19 AM
Price hikes: Electric Ireland to raise gas and electricity for second time in three months
The provider previously increased prices in May.
Electric Ireland has cited the war in Ukraine for the price rises.
The increase equate to an average of €164.55 extra per year an electricity and €311.54 extra per year on gas.
The supplier says it has 'flexible payment plans' for those struggling with bills and that a new 'Hardship Fund' would be established in the autumn.
151
73.9k
Updated
Jul 1st 2022, 3:22 PM
Budget aims to help 'most vulnerable' and the 'squeezed middle', says McGrath
Varadkar says Ireland has contingency plans if fuel rationing comes into effect
Explainer: What counts as EU funding and where does it go?
…And where has Ireland received – and given back to the whole process?
1
5.3k
Jun 30th 2022, 1:00 PM
Survey places Dublin among most expensive cities for international workers
Mercer’s 2022 Cost of Living Survey launched ranked Hong Kong as the most expensive city for expatriates.
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15.4k
Jun 29th 2022, 10:19 AM
High-earning public servants to have pay restored, as Varadkar admits timing 'isn't the best'
The public servants due to have their pay restored include medical consultants, members of the judiciary and some CEOs.
108
46.7k
Updated
Jun 22nd 2022, 9:00 AM
Elon Musk's €41 billion bid to buy Twitter gets unanimous approval from shareholders
The Tesla chief executive bought 9.2% of the social media company in early April.
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11.6k
Jun 21st 2022, 3:55 PM
Elon Musk addresses Twitter staff, targets 1 billion users and a website 'you can't live without'
According to multiple reports, Musk also addressed possible layoffs at the company
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21.1k
Jun 17th 2022, 8:57 AM
Parents of Irish teenage Instagram users can now supervise their child's account
Parents can now send invitations to their teens to initiate supervision tools.
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9.6k
Jun 14th 2022, 11:30 AM
Musk accuses Twitter of withholding data and threatens to withdraw bid
The mercurial Musk agreed a deal in late April to purchase Twitter.
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10.1k
Jun 7th 2022, 2:04 PM
Not quite normal: Airport chaos mirrors post-Covid economy struggling to find its level
The airport isn’t the only business that hasn’t been able to cater for rapid increased demand.
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11.6k
Jun 3rd 2022, 11:57 AM
KBC writes to customers giving them six months to close their accounts
The bank has 130,000 current accounts that are active or have a balance.
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9.3k
Jun 1st 2022, 8:58 AM
Passengers who missed flights due to Dublin Airport chaos have 'no automatic right to redress'
Dublin Airport Authority may also face financial penalties, according to regulators.
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33.2k
May 31st 2022, 12:38 PM
DAA given until tomorrow morning to find solutions to airport chaos, ministers say
Around 1,000 people missed a flight yesterday because of lengthy queues.
199
123k
Updated
May 30th 2022, 7:50 PM
ESB to create 1,000 jobs over three years as part of net zero by 2040 pledge
The jobs will be across a diverse range of skills from HR to marine biology.
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13.2k
May 30th 2022, 9:33 AM
Taoiseach at Davos: 'Wind is Ireland's oil and that's how we're going to play it'
Micheál Martin was speaking to Bloomberg TV at the World Economic Forum.
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32.0k
May 25th 2022, 4:38 PM
Over 300 jobs to go at PayPal offices in Dundalk and Blanchardstown
135 jobs in Blanchardstown and 172 jobs in Dundalk will be affected.
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39.1k
May 24th 2022, 3:06 PM
Watchdog clears Bank of Ireland €9 billion KBC deal despite 'significant' concerns
The sale would see Bank of Ireland acquire KBC’s performing loan assets.
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May 24th 2022, 9:14 AM
Billionaires’ wealth rose more during Covid-19 pandemic than in 23 years combined
A new billionaire was created every 30 hours during the pandemic, according to Oxfam.
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18.7k
May 23rd 2022, 8:02 AM
Construction costs surge again in April as inflation continues to pump up wholesale prices
Structural steel and fabricated metal prices were up 42% and 38.5% respectively over 12 months.
18
17.3k
May 20th 2022, 2:52 PM
Exiting Ulster Bank gives customers six-month 'deadline' to repay their overdrafts
But bank officials said the lender will remain flexible and urged customers having difficulties to come forward immediately.
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40.6k
May 18th 2022, 4:25 PM
Department to explore 'substantial' revisions to remote working bill after criticism
The draft bill has gone down like a “lead balloon” with workers, said Sinn Féin’s Louise O’Reilly.
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37.4k
Updated
May 18th 2022, 12:00 PM
Buy-now-pay-later firms offering 'indirect credit' must now be authorised by the Central Bank
The regulator has also placed an interest rate cap of 23% APR on all consumer credit agreements.
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14.3k
May 16th 2022, 2:14 PM
Ryanair lost €355 million last year amid 'fragile' recovery in air travel from the pandemic
The low-cost airline said it hopes to return to profitability in the current financial year,
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9.6k
May 16th 2022, 7:44 AM
Elon Musk 'still committed' to $44 billion Twitter takeover despite putting deal 'on hold'
The Tesla chief executive tweeted the news this morning.
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Updated
May 13th 2022, 2:20 PM
Despite prices falling at the pump, annual Irish consumer price inflation hit 7% in April — a 22-year high
Consumer price inflation has now been rising at an annual pace of 5% or more since October 2022.
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10.8k
May 12th 2022, 11:42 AM
Competition authority launches full probe into Permanent TSB's €7.6 billion Ulster Bank deal
The investigation will determine whether the proposed acquisition could lead to a substantial lessening of competition in the State.
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15.7k
May 10th 2022, 2:20 PM
European Parliament votes to extend Digital Covid Certs for 12 months
The non-binding vote means member states can discuss extending the system past the end date of 30 June.
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23.6k
May 5th 2022, 12:09 PM
Contactless and smartphone payments on Dublin Bus may be possible 'late next year'
Dublin Bus CEO Ray Coyne also said that any decision to go fully cashless would be taken by government.
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20.9k
May 4th 2022, 6:23 PM
Cost of living: Price rises on electricity and gas to kick in from today
The contentious increase in Carbon Tax begins from today as part of the legislated gradual increase of the charge
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31.9k
May 1st 2022, 7:00 AM
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