Earnings at Smurfit Kappa slumped 13.6 per cent in advance of the cardboard box group completing its merger with US rival WestRock, writes Joe Brennan. The group cited higher fibre recovery costs and lower price for finished product but said an industry recovery was gathering momentum.
Ireland could be unwittingly importing mislabelled palm oil, an industry figure has warned after concerns he raised led the Notional Oil Reserves Agency to amend figures for imports of renewable oil products last year. Barry O’Halloran has the details of a story on how green might not be all it appears.
Bloxham was the oldest stockbroking house in the State when it collapsed in 2012. Now, its winding up is coming to an end with liquidator Kieran Wallace recommending court acceptance of payments from some former partners even though they fall far short of the costs incurred.
Two former staff of a tech firm have been awarded close to €46,000 by the Workplace Relations Commission after being left well short on pay for over four months and then string along with empty promises of alternative employment. Stephen Bourke reports.
Romantasy, QuitTok and other words from a dystopia-coded year
Have Ireland’s data centre builders shot themselves in the foot through their own greed?
The old order of globalisation may be collapsing – and bringing Germany with it
Wonderwallets: the cost of everything in 2024, from Oasis tickets to Leinster House bike shelter
Better news for the “blue bus” drivers at Aircoach, who have accepted a 4.8 per cent pay offer over nine months as the company looks to attract new drivers. Disquiet over rostering arrangements had seen the operator forced to cancel several services in recent weeks. Colin Gleeson has the details.
Plans for 300 homes and 60 sheltered units on the former Cadbury’s pitch and putt course in Coolock have been dealt a fatal blow because of concerns about Dublin Bay’s flock of light-bellied Brent geese, writes Gordon Deegan.
Gordon also has good news for Warner Music with news that the company’s Irish business saw profits surge by almost two-thirds last year on the back of strong performances by Kylie, Dua Lipa and Ed Sheeran.
In his column, John McManus asks whether it is really in the best interests of AIB’s customers that the bank remains hamstrung by limits on executive pay.
We hear regularly about the blight of planning for build-to-rent accommodation, but if you’re a young professional looking for hassle-free living could it not be the answer to your housing needs? Joanne Hunt looks at the pros and cons of buy to let from the view of the prospective tenant.
Stay up to date with all our business news: sign up to our Business Today daily email news digest. If you’d like to read more about the issues that affect your finances try signing up to On the Money, the weekly newsletter from our personal finance team, which will be issued every Friday to Irish Times subscribers.
