Business

Last year

2022

# Cost of Living

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.

15.2k

Jun 29th 2022, 10:19 AM

# FEMPI

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.

46.5k

109

Updated

Jun 22nd 2022, 9:00 AM

# world's richest man

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.

11.4k

Jun 21st 2022, 3:55 PM

# Takeover

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

21.0k

Jun 17th 2022, 8:57 AM

# watchful eye

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.

9.4k

Jun 14th 2022, 11:30 AM

# social buy up

Musk accuses Twitter of withholding data and threatens to withdraw bid

The mercurial Musk agreed a deal in late April to purchase Twitter.

10.0k

Jun 7th 2022, 2:04 PM

# Analysis

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.

11.5k

Jun 3rd 2022, 11:57 AM

# time to switch

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.

9.2k

Jun 1st 2022, 8:58 AM

# Turbulent Times

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.

33.0k

May 31st 2022, 12:38 PM

# Final Call

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.

122k

199

Updated

May 30th 2022, 7:50 PM

# Energy

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.

13.1k

May 30th 2022, 9:33 AM

# swiss teesh

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.

31.9k

May 25th 2022, 4:38 PM

# redundancies

Over 300 jobs to go at PayPal offices in Dundalk and Blanchardstown

135 jobs in Blanchardstown and 172 jobs in Dundalk will be affected.

39.0k

May 24th 2022, 3:06 PM

# Probe

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.

14.4k

May 24th 2022, 9:14 AM

# Davos

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.

18.5k

May 23rd 2022, 8:02 AM

# price pressures

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.

17.2k

May 20th 2022, 2:52 PM

# The Banks

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.

40.3k

May 18th 2022, 4:25 PM

# home work

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.

37.3k

Updated

May 18th 2022, 12:00 PM

# New Rules

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.

14.2k

May 16th 2022, 2:14 PM

# Turbulent Times

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,

9.5k

May 16th 2022, 7:44 AM

# twitter takeover

Elon Musk 'still committed' to $44 billion Twitter takeover despite putting deal 'on hold'

The Tesla chief executive tweeted the news this morning.

23.9k

Updated

May 13th 2022, 2:20 PM

# Cost of Living

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.

10.7k

May 12th 2022, 11:42 AM

# The Banks

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.

15.6k

May 10th 2022, 2:20 PM

# Travel

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.

23.5k

May 5th 2022, 12:09 PM

# tap tap tap

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.

20.7k

May 4th 2022, 6:23 PM

# inflation crisis

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

31.8k

May 1st 2022, 7:00 AM

# Energy Crisis

After Moscow follows through on gas cut threat, 'all bets are off' on Europe's Russian supply

Ireland imports no gas directly from Russia but a loss of supply to Europe could push up prices globally.

Russia may have 'crossed the Rubicon' by halting gas flows to Poland and Bulgaria this week, experts say.

The move by Gazprom throws into question assumptions about Russia's unwillingness to retaliate using its energy exports.

Ireland imports no gas directly from Russia but a loss of Russian supply to Europe could further push up global prices.

≈

39.9k

Apr 30th 2022, 12:05 AM

# The Banks

Flurry of announcements caps off noteworthy week for Irish banks and their customers

Stakeholders say the industry is staring down the barrel of one of the biggest logistical challenges in its history.

16.5k

Apr 29th 2022, 12:26 PM

# Banking

Bank of Ireland announces CEO Francesca McDonagh to step down

McDonagh joined Bank of Ireland in October 2017 as Group Chief Executive Officer.

37.0k

Apr 26th 2022, 6:59 PM

# known unknowns

Question marks hang over Elon Musk's plans after $44 billion Twitter takeover deal

What has Musk said about his vision for the social media platform and what do experts think is actually going to happen?

16.7k

Apr 26th 2022, 5:25 PM

# Fossil Fuels

Dáil turf wars: Eamon Ryan seeks to unite coalition against Sinn Féin motion

Restrictions on the sale and burning of turf are being considered.

The government insists there is no outright ban and that there are exemptions to the regulations.

Several coalition TDs have expressed concern about what the rules would mean for rural areas.

Sinn Fein calls the new rules "unfair and unworkable".

45.3k

Apr 26th 2022, 9:46 AM

# silly money

Twitter confirms sale of company to Elon Musk for $44 billion

Tesla CEO Musk said on Thursday he had secured funding to finance the purchase.

74.2k

Updated

Apr 25th 2022, 8:44 PM

# Investment

€200m plan for wind energy hub at Rosslare 'could be the south-east's Silicon Docks'

Rosslare Europort wants to act as a base for the offshore renewable energy industry.

15.7k

Apr 22nd 2022, 7:40 AM

# Dublin town

City centre businesses vote to retain DublinTown organisation for another five years

Out of 2,500 eligible businesses, just over 1,200 took part in the plebiscite on the future of the scheme.

12.2k

Apr 20th 2022, 3:12 PM

# Morning Memo

The Twittering classes: Elon Musk's $43 billion bid and Twitter's 'poison pill'

Twitter co-founder and board member Jack Dorsey has signalled his unhappiness with the board’s handling of the situation.

13.9k

Apr 19th 2022, 11:33 AM

# Ballybrit

Boston Scientific to pump €100 million into Galway facility, adding 300 jobs

Opened in 2019, the facility is the firm’s second in Galway City where it has had a presence since 1994.

12.1k

Apr 14th 2022, 8:13 AM

# The Banks

Ulster Bank gives current and deposit account customers six months' notice to switch providers

Separately, KBC Bank announced yesterday that from June, customers will get 90 days’ notice to move their accounts.

28.6k

Apr 13th 2022, 1:39 PM

THE MORNING LEAD

Raise social welfare rates to shield struggling households from spiralling inflation, experts say

A report by

Ian Curran

The Government is set to unveil a new cost of living package this week.

Current social welfare rates were set last year when inflation was expected to peak at 4.5% annually.

But with prices on the march, household earnings are now expected to fall in real terms in 2022 for the first time since 2013.

Economists say raising core social welfare raise on a temporary basis could be the best way of protecting low-income households.

52.6k

Apr 11th 2022, 12:05 AM

# Consumer Prices

Cost of living anxieties mount as inflation accelerates to 6.7% in March

It represents the largest annual change in prices since November 2000.

8.8k

Apr 7th 2022, 11:43 AM

# Ferry nice

Brittany Ferries to operate 'huge' tourist-oriented vessel on Rosslare to Bilbao route

Unveiled in February 2020, originally as a freight route, the link from Wexford to the Basque city has proved popular.

37.1k

Apr 7th 2022, 11:04 AM