Advertisement

Readers like you keep news free for everyone.

More than 5,000 readers have already pitched in to keep free access to The Journal.

For the price of one cup of coffee each week you can help keep paywalls away.

Support us today
Not now
Monday 4 December 2023 Dublin: 5°C

Business

All time
US drugmaker Perrigo settles €1.6 billion Irish tax bill for under €300 million
The firm was hit with a revised tax bill by the Revenue in 2018 over a transaction with rival pharma company Biogen.
Explainer: Berlin has voted to forcibly buy homes from property giants, what happens next?
The referendum supports the expropriation of homes from property companies to the city.
Supply and demand: What's behind the surge in Irish and European energy prices this year?
A report by
Ian Curran
Demand for gas and electricity has surged this year as economies reopened and businesses ramped back up.
Demand for gas and electricity has surged this year as economies reopened and businesses ramped back up.
European benchmark gas prices have tripled as a result.
The problems have been exacerbated in Ireland by the temporary closure of two gas-fired power stations.
Canadian pair released from China following US deal with Huawei’s Meng Wanzhou
The company’s chief financial officer and the daughter of the company’s founder has now left Vancouver.
Tánaiste hints at minimum wage increase due to rising cost of living
The national minimum wage is €10.20 per hour
Apple will not let Fortnite back to app store until case ends
Tim Sweeney said Apple’s decision was ‘another abuse of its monopoly power’.
Why is the potential collapse of a Chinese property group causing ructions across the world?
The cash-strapped behemoth has borrowings of $300 billion.
Morning Memo: Europe's looming 'energy crisis'
European gas prices have tripled this year even before the arrival winter.
'Perfect storm': Supply chain woes to continue as shoppers told to batten down hatches into 2022
A report by
Ian Curran
Irish bathroom and furniture businesses have been hit hard by the global transport crisis, a new report highlights.
Irish bathroom and furniture businesses have been hit hard by the global transport crisis, a new report highlights.
Blockages at European ports like Antwerp and Rotterdam have particularly hurt Irish firms.
Disruption and elevated shipping costs are expected to last until at least the second quarter of 2022.
Poll: Do you plan on starting your Christmas shopping early to avoid delivery delays?
Consumer growth is having a profound impact on global supply chains.
WhatsApp Ireland fights back against Data Protection Commissioner's €225 million fine
The Facebook-owned company has launched judicial review proceedings against the penalty in the High Court.
Government should abandon plans for 'unaffordable tax cuts', says ICTU
Instead, Budget 2022 should prioritise spending on public services including early years care.
"Permanent tax cuts" set out in the Summer Economic Statement are "unjustified", ICTU says.
Instead, Budget 2022 should prioritise spending on public services including early years care.
Government should phase out various reliefs related to Capital Acquisitions and Local Property taxes.
Top Pandemic Unemployment Payment rates cut by €50 from today
The process of moving some PUP recipients to jobseeker’s payments has been deferred until late October.
Christmas shoppers advised to buy early this year with supply bottlenecks likely to linger
A report by
Ian Curran
Global supply chains are creaking under the weight of booming consumer demand.
Smyths Toys has said Christmas shoppers should start early this year because of "global supply issues.
Ikea Ireland said this week that up to 10% of its product lines are unavailable.
Experts say the effects of the global transport crisis could linger for another 12 months.
Irish trade unions voice concern over Amazon worker surveillance and alleged union-busting
“Our employees have the choice of whether or not to join a union,” an Amazon spokesperson said.
August saw the largest annual jump in consumer prices in nearly a decade
It follows a sharp drop-off in prices last year due to public health restrictions.
Amazon to create 500 jobs at new Irish warehouse
The facility is due to open next spring and will be the first of its kind in Ireland.
Sharp improvements in house building activity noted in the first half of 2021
Work on 12,700 housing units commenced in the second quarter, the highest number since 2007.
Dealz confirms €20 million expansion across Ireland over next three years
The discount retailer said this could lead to up to 500 jobs being created in that time.
Vast majority of Irish retailers struggling with rent arrears, according to new survey
In 20% of cases, retailers said they had no engagement from their landlord on the issue of arrears.
Ryanair says it will not accept boarding passes issued by Kiwi.com
Customers have been told to avoid booking flights via third party agents.
Workers petition Dunnes Stores for pandemic pay increase to be made permanent
Staff received a temporary 10% pay increase in March 2020.
Eir to add a further 200,000 homes and businesses to its gigabit fibre network
The company says the move means that 1.9m or 84% of premises in the country will have access.
Paschal Donohoe says he 'absolutely accepts' Leo Varadkar's explanations about 'Merrion Gate'
Donohoe also said today that he was invited to the event but was out of the country when it took place.
From used cars to a loaf of bread, inflation bites Irish businesses and consumers
Irish used car prices have increased by 40% in the year to the end of June
Any return of bonuses for top bankers 'would not be acceptable' to staff and public
The FSU has sought a meeting with Paschal Donohoe over plans to sell the State’s stake in Bank of Ireland.
Explainer: How does a new set of rules aim to make life tougher for rogue bankers?
Draft legislation published this week aims to give the Central Bank more power to target individuals.
Explainer: Why bosses could be on shaky legal ground if they ask staff about vaccine status
Asking workers to be fully vaccinated before returning to work raises thorny legal issues.
Accountability regime for top bankers 'to be in place within 18 months'
The new laws will give the Central Bank more power to tackle individuals for wrongdoing.
Guidelines for indoor hospitality allows for six to a table, with closing time remaining at 11.30pm
Indoor hospitality in pubs and restaurants is to reopen from next Monday.
Ex-garda fighting Europe's €14 billion drugs trade says Irish gangs are 'top of the pyramid'
Michael O’Sullivan leads the influential Maritime Analysis and Operations Centre Narcotics in Portugal.
Former Assistant Commissioner Michael O'Sullivan leads an EU unit to stop Atlantic shipments of drugs.
O'Sullivan said that Irish organised crime is an intrinsic part of the €14 billion European drugs trade.
The ex-garda said smugglers are using yachts, ships and even semi-submersibles to move drugs into Europe.
Dutch Customs find €225m of cocaine hidden inside a shipment of banana puree
Huge cocaine seizure in Cork highlights Ireland's fulcrum position in global drug gang investigations
Bank of Ireland buys most of Davy Group for €440 million
The firm was put up for sale earlier this after being rocked by a €4.1 million regulatory fine.
'Ban car and home insurers from penalising customer loyalty,' says industry regulator
The Central Bank’s proposals are “a victory for consumers”, says Pearse Doherty.
Ireland's bank network 'is being destroyed' says FSU after AIB announces 15 branch closures
AIB cited the “unrelenting shift” to digital banking as one of the reasons for the branch cull.
Debt, solar shingles and Desperate Housewives — Why are some Tesla shareholders suing Elon Musk?
The Tesla chief could be forced to pay $2 billion if he loses the court case.
Investigation launched into collision between two aircraft on the ground in Dublin Airport
The American Airlines flight was backing away from the boarding gate when it collided with the wingtip of a parked Aer Lingus jet.
Dutch Customs find €225m of cocaine hidden inside a shipment of banana puree
It is the latest cocaine seizure associated with banana products, including in Ireland, on shipping destined for Rotterdam.
Returning workers face being overtaxed unless they cancel their Pandemic Unemployment Payment
Thousands of hospitality workers are expected to return to work over the coming weeks.
Insurance report 'lays bare the greed behind industry crisis', say campaigners
It’s the first major overview of the employers’ liability, public liability and commercial property insurance market.
Leo Varadkar says 105 minute time-limit for pubs and restaurants is 'under review' and he wants it gone
The Tánaiste denied that the time limit had no scientific basis.