Thursday, December 19, 2024
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Bussiness

Irish food businesses in ‘survival mode’ as industry profit margins fall below 1%, warns report 

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Irish food-led businesses have been put into 'survival mode' with a new report warning of razor-thin profit margins as the industry grapples with rising...
Bussiness

Vodafone sells off €1.3bn interest in cell tower company 

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Vodafone Group has sold another 10% stake in German cell tower company Vantage Towers for €1.3bn, as the UK-based telecommunications firm seeks to reduce...
Bussiness

Rising costs, security and housing among key issues raised by Cork business group ahead of October Budget

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President of the Cork Business Association (CBA) Aaron Mansworth has called on the government to develop a long-term plan to ensure the survival of...
Jobs

Pace of multinational job growth eases amid fall in investment contracts won by the IDA

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The pace of job creation in the multinational sector cooled in the first half of the year as the number of investment contracts into...
Jobs

Google’s Irish workers seek transparency on future job cuts

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Fears of lay-offs at Google continue to impact Irish staff with concerns that the company’s effort to reduce its headcount has not been properly...
Bussiness

Drogheda to lose major employer as BD announces plans to close

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Drogheda is set to lose one of its largest employers as multinational firm BD announced it will close, resulting in the loss of 200...
Bussiness

Revolut sees 20% rise in Irish customer numbers as fintech posts record €503m profit 

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Challenger bank Revolut saw its Irish customer base rise by more than 20% last year, ending 2023 with 2.7 million users following several expansions...
Bussiness

Dalata revenues down marginally on 2023 despite rebound in summer demand

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Dalata, one of Ireland’s largest hotel operators, has seen a rebound in business in May and June after a "challenging start" to 2024, but...
Jobs

PayPal to cut up to 85 Irish jobs in second round of layoffs this year

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PayPal has announced it will cut up to 85 more jobs from its Irish workforce.The company's 1,600 Irish employees were informed on Tuesday of...
Bussiness

Dublin is now among the top 50 most expensive cities in which to do business, report finds

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Dublin was ranked among the top 50 most expensive cities in the world and moved up 10 spots from its position last year, which...
Bussiness

Tesco reports 4.4% rise in sales in its Irish stores

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Tesco said it recorded a 4.4% rise in like-for-like sales in Ireland over the past three months on the back of easing inflation.In a...
Bussiness

US fintech company to create 54 jobs in Limerick

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US fintech company North American Bancard (NAB) has chosen Limerick city as the location of its new centre-of-excellence which will create 54 new jobs.The...
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