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Spanish PM accuses tech billionaires of wanting to overthrow democracy

Spanish PM accuses tech billionaires of wanting to overthrow democracy

Social media owners should be held responsible for ‘poisoning society’, Pedro Sánchez tells World Economic Forum in Davos

Wed Jan 22 2025 - 17:31
Ireland on alert as Trump pulls US out of global tax deal

Ireland on alert as Trump pulls US out of global tax deal

Move sets up potential stand-off on tax between US and EU

Wed Jan 22 2025 - 06:00
Intel still bullish on Irish business despite catastrophic year

Intel still bullish on Irish business despite catastrophic year

US chipmaker says Leixlip plant will be critical to reversing slide in company’s fortunes

Wed Jan 22 2025 - 06:00
Trump’s negotiating tactics: escalate or shoot the dogs

Trump’s negotiating tactics: escalate or shoot the dogs

When trying to predict how the firebrand US president will approach certain challenges, New York real-estate tactics might provide a guide

Wed Jan 22 2025 - 06:00
Europe needs Israeli-style Iron Dome, Zelenskiy tells Davos

Europe needs Israeli-style Iron Dome, Zelenskiy tells Davos

Ukranian president warns that collective security needs to be strengthened

Tue Jan 21 2025 - 15:51
EU will be ‘pragmatic’ in dealings with Trump, commission president tells Davos

EU will be ‘pragmatic’ in dealings with Trump, commission president tells Davos

Ursula von der Leyen says European Union stands ‘ready to negotiate’ with new US administration while insisting it would protect its interests

Tue Jan 21 2025 - 11:14
Getting Davos fat cats out of their private jets and on to climate-friendly trains proves difficult sell

Getting Davos fat cats out of their private jets and on to climate-friendly trains proves difficult sell

World Economic Forum (WEF) adopts new measures but business elites don’t seem to be biting

Tue Jan 21 2025 - 06:00
Western European companies now see cyber threat as bigger risk than conflict or inflation

Western European companies now see cyber threat as bigger risk than conflict or inflation

PwC’s ‘global CEO survey’ highlights what company bosses see as the biggest threats facing global economy in 2025

Mon Jan 20 2025 - 18:05
Nonbank lenders accounted for €20bn of credit to households and SMEs in 2023

Nonbank lenders accounted for €20bn of credit to households and SMEs in 2023

Report by Banking and Payments Federation Ireland highlights increasing presence in Irish residential and SME market

Mon Jan 20 2025 - 05:00
Ireland’s 11 billionaires saw their wealth grow by a third to €50bn in 2024

Ireland’s 11 billionaires saw their wealth grow by a third to €50bn in 2024

Total Irish billionaire wealth at more than €50bn last year, says Oxfam Ireland

Mon Jan 20 2025 - 05:00
Davos has a Marie Antoinette problem

Davos has a Marie Antoinette problem

Annual World Economic Forum professes to aim to ‘improve state of the world’ but is seen as schmoozefest for establishment elites

Sun Jan 19 2025 - 13:58
IMF sees stable if ‘lacklustre’ global growth despite Trump’s tariff threat

IMF sees stable if ‘lacklustre’ global growth despite Trump’s tariff threat

Washington-based fund expects inflation to fall to 4.2% this year and 3.5% next year but euro zone growth will lag

Fri Jan 17 2025 - 14:04
Housing commencements surge to over 60,000 in 2024

Housing commencements surge to over 60,000 in 2024

Levels notified mark 84% increase on previous year

Thu Jan 16 2025 - 18:38
Irish inflation accelerates to 1.4% in December

Irish inflation accelerates to 1.4% in December

Despite increase, headline rate remains close to three-year low and well down on levels seen in 2022 and 2023

Thu Jan 16 2025 - 11:50
Programme for government: Five of the most notable new economic promises

Programme for government: Five of the most notable new economic promises

Irish government blueprint contains a number of existing measures but also some new ones

Thu Jan 16 2025 - 10:01
Irish exports eclipse €20bn for third successive month as prospect of US tariffs loom

Irish exports eclipse €20bn for third successive month as prospect of US tariffs loom

Latest trade figures point to strong rebound in pharma exports last year following slump in 2023

Wed Jan 15 2025 - 12:34
State-based armed conflict now ranks as biggest threat to global economy

State-based armed conflict now ranks as biggest threat to global economy

World Economic Forum’s latest Global Risks Report pinpoints geopolitical strife as chief risk to stability and progress

Wed Jan 15 2025 - 09:18
Galway medtech company Aerogen to create 725 new jobs with €300m investment

Galway medtech company Aerogen to create 725 new jobs with €300m investment

Founder John Power shrugs off suggestion of tariff threat from incoming US president

Wed Jan 15 2025 - 06:30
Stronger economic growth in Republic has positive ‘spillover’ in North

Stronger economic growth in Republic has positive ‘spillover’ in North

New macroeconomic model highlights cross-Border dynamics between two economic

Wed Jan 15 2025 - 00:00
Ireland’s switch to renewable energy has ‘stagnated’, Central Bank report says

Ireland’s switch to renewable energy has ‘stagnated’, Central Bank report says

Regulator’s report also suggests State is struggling to rein in emissions from agriculture or get the necessary uptake in electric vehicles

Tue Jan 14 2025 - 16:23
Applegreen sells its UK filling station business to rival

Applegreen sells its UK filling station business to rival

Forecourt operator says transaction involves 98 sites and 1,142 staff

Mon Jan 13 2025 - 09:33
Retailers report better-than-expected Christmas sales after ‘challenging year’

Retailers report better-than-expected Christmas sales after ‘challenging year’

Sector expects €8.9 billion in retail spending in December, €3 billion more than in other months

Fri Dec 27 2024 - 15:35
Nearly €400m in grant support paid to SMEs

Nearly €400m in grant support paid to SMEs

Minister for Enterprise Peter Burke highlights grants paid out under Power Up Grant and Increased Cost of Business scheme

Fri Dec 27 2024 - 12:40
Ireland’s economic future is bright, apart from a housing crisis, a sick health service and Donald Trump

Ireland’s economic future is bright, apart from a housing crisis, a sick health service and Donald Trump

A negative cost/price dynamic is alienating consumers and pushing many businesses to the brink

Fri Dec 27 2024 - 06:00
Employment in Republic to be 500,000 up on pre-pandemic level by end 2025, predicts Ibec

Employment in Republic to be 500,000 up on pre-pandemic level by end 2025, predicts Ibec

Group’s chief economist Ger Brady says State’s exceptionallystrong performance had led to capacity constraints in a range of sectors

Tue Dec 24 2024 - 06:00
Q&A: Why is the European Commission investigating data centre construction?

Q&A: Why is the European Commission investigating data centre construction?

The European Commission confirmed last month it was investigating possible collusion between data centre providers

Mon Dec 23 2024 - 15:09
Wholesale electricity prices rise 19% in 12 months

Wholesale electricity prices rise 19% in 12 months

CSO figures suggest prices remain 62.3 per cent lower than the peak that occurred in August 2022

Mon Dec 23 2024 - 11:46
Musk leads race to be world’s first trillionaire

Musk leads race to be world’s first trillionaire

Lesson of the 20th century was that when a critical mass of citizens feel the system is rigged against them, we encourage radical politics

Sun Dec 22 2024 - 12:24
Record 4,600 submit applications for south Dublin cost-rental apartments

Record 4,600 submit applications for south Dublin cost-rental apartments

Just 195 Land Development Agency apartments are available at Shanganagh Castle near Shankill

Fri Dec 20 2024 - 06:00
Typical price paid for home by first-time buyer up €88,000 on five years ago

Typical price paid for home by first-time buyer up €88,000 on five years ago

Median income of first-time buyers buying a new property is now €90,000, Banking and Payments Federation Ireland report says

Fri Dec 20 2024 - 05:00
Average price of Dublin home is now over €600,000

Average price of Dublin home is now over €600,000

Latest CSO figures described as ‘very depressing but not surprising’ by Sinn Féin’s housing spokesman Eoin Ó Broin

Wed Dec 18 2024 - 14:04
State faces more ‘turbulent’ landscape for foreign investment, IDA warns

State faces more ‘turbulent’ landscape for foreign investment, IDA warns

Agency said it secured 234 investment wins in 2024 which are projected to create 13,500 jobs over the coming years

Tue Dec 17 2024 - 13:30
TikTok’s Irish arm sets aside $1bn to cover cost of possible data breach fines

TikTok’s Irish arm sets aside $1bn to cover cost of possible data breach fines

Despite a near doubling of revenue, Chinese-owned video-sharing platform’s Irish business reports loss of over $1 billion

Tue Dec 17 2024 - 10:36
Up to €15bn of corporate tax could be temporary, Central Bank warns

Up to €15bn of corporate tax could be temporary, Central Bank warns

Regulator also claims Government should be diverting more of these receipts into State’s two long-term savings funds

Tue Dec 17 2024 - 00:15
‘Don’t miss out’: Developing the hydrogen fuel industry could transform transport in Ireland

‘Don’t miss out’: Developing the hydrogen fuel industry could transform transport in Ireland

In 10 years, Ireland could cut emissions in hard-to-reach transport sectors, says Hydrogen Mobility Ireland

Mon Dec 16 2024 - 05:30
Blarney Woollen Mills swings back into profit amid increased retail demand

Blarney Woollen Mills swings back into profit amid increased retail demand

Subsidiary which operates three Blarney Woollen Mills stores reports increased turnover and profit but warns of issues on sourcing and pricing of inputs

Mon Dec 16 2024 - 05:30
US construction testing group Fenagh sets up European base in Dublin

US construction testing group Fenagh sets up European base in Dublin

Dublin expansion will create 35 jobs and will serve as a launchpad for Fenagh’s broader European expansion plans

Mon Dec 16 2024 - 05:00
Gender pay gap at The Irish Times narrows to less than 1%

Gender pay gap at The Irish Times narrows to less than 1%

Irish Times Group had previously highlighted the appointment of more women to senior executive positions as the main reason for the reduced pay gap

Mon Dec 16 2024 - 00:30
Ireland’s tax wealth now in crosshairs of incoming Trump administration

Ireland’s tax wealth now in crosshairs of incoming Trump administration

The Government has never had it so good but that hasn’t gone unnoticed in Washington

Sun Dec 15 2024 - 13:00
Central Bank governor favours gradual ECB rate cuts over ‘large moves’

Central Bank governor favours gradual ECB rate cuts over ‘large moves’

Gabriel Makhlouf says disinflation process remains on track while warning economic outlook remains uncertain

Fri Dec 13 2024 - 14:11
Inflation remains close to three-year low of 1%

Inflation remains close to three-year low of 1%

Latest inflation data comes as European Central Bank is expected to reduce interest rates by another quarter point

Thu Dec 12 2024 - 12:03
Government may need to revise spending plans if Trump targets Irish pharma sector

Government may need to revise spending plans if Trump targets Irish pharma sector

ESRI highlights Ireland’s potential exposure to a more protectionist stance in Washington

Thu Dec 12 2024 - 06:00
Irish house prices overvalued by 10%, increasing risk of a ‘painful correction’, ESRI warns

Irish house prices overvalued by 10%, increasing risk of a ‘painful correction’, ESRI warns

Economic think tank cautions that increasing number of Irish households are carrying ‘elevated’ levels of mortgage debt

Thu Dec 12 2024 - 00:00
One in five people expect to pay mortgage in retirement, survey finds

One in five people expect to pay mortgage in retirement, survey finds

Study by Royal London Ireland indicates almost a third do not expect to own a home outright by retirement

Wed Dec 11 2024 - 05:00
Households worse off over failure to peg tax and welfare changes to income growth - ESRI

Households worse off over failure to peg tax and welfare changes to income growth - ESRI

Budget 2025 seen as ‘broadly progressive’ with lower income households benefiting more

Tue Dec 10 2024 - 19:46
Europe stocks close lower, snapping eight-session streak

Europe stocks close lower, snapping eight-session streak

Investors gear up for the latest US inflation report and ECB rate decision

Tue Dec 10 2024 - 18:13
Nimbyism or valid objection: the fight over one Dundalk housing scheme

Nimbyism or valid objection: the fight over one Dundalk housing scheme

Louth councillors knock back plan to build 502 homes on 46-acre site close to Dundalk Golf Club

Sun Dec 08 2024 - 10:51
Irish economy expands by 3.5% in third quarter as multinational exports rebound

Irish economy expands by 3.5% in third quarter as multinational exports rebound

Minister for Finance Jack Chambers says solid growth is consistent with the strength of labour market

Thu Dec 05 2024 - 12:01
Fianna Fáil’s policing agenda set to trigger coalition spat over justice portfolio

Fianna Fáil’s policing agenda set to trigger coalition spat over justice portfolio

Misgivings among Martin’s TDs over Fine Gael leader’s plan for a department of infrastructure

Thu Dec 05 2024 - 06:00
Fiscal council says government spending has ‘lost its anchor’

Fiscal council says government spending has ‘lost its anchor’

State’s budgetary watchdog says ramp-up in spending has put public finances on a potentially unsustainable trajectory

Thu Dec 05 2024 - 00:00
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